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Square Enix has reportedly lost $48million following ‘Marvel’s Avengers’ release

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Square Enix’s HD games division reported earnings following Marvel’s Avengers release show a $62million loss for the company.The latest earnings report from the company reveals that the first half of the fiscal year showed growth, while a $62million loss was shown after the release of Marvel’s Avengers, per Video Games Chronicle.During that same period – three months which ended on September 30 – its also been reported that the overall net sales for the Japanese company were ¥23.7billion, showing a 30 per cent decrease from the previous quarter which boasted ¥34.1billion.The first quarter had Final Fantasy VII Remake launching on a single platform, whilst Marvel’s Avengers released on multiple systems, indicating a loss for the.

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