Square Enix today warned investors that its next earnings report will include a significant hit due to a number of cancelled projects.
The publisher’s board of directors voted on March 27 in favor of a new strategy for HD games “with the intention of being more selective and focused in the allocation of development resources.”
As a result, Square Enix plans to report ¥22.1 billion ($140 million) in content abandonment losses for the fiscal year ended March 31.
