There is no need for an introduction to the long-hailed action RPG franchise Final Fantasy. Final Fantasy 16 is their newest installment, carrying forward their legacy. But this title seems to be causing problems for the publishing company.

Since the release of Final Fantasy 16, Square Enix has faced a huge loss in its stock. The fans might be loving the game, but the game is absolutely not doing well in the financial market.

Square Enix has lost nearly $2 billion since the release of Final Fantasy 16

The 16th main installment of this 36-year-old series was released on June 22, 2023. This game might have quenched the thirst of the FF fans who were eagerly waiting for it. But since the release of this title, Square Enix’s stock has fallen 30% from its peak. The Japanese publisher’s stock value reached its highest point this year, and on Wednesday it faced its lowest point since May 2022. This huge deterioration in the share price has caused Square Enix to lose a huge $2 billion.

Disappointing performances from other big titles like live-service flop Marvel’s Avangers and the maiden title of Square Enix’s Luminous Production Studio have also played a huge role in this huge loss. So, what’s the reason behind this gigantic downfall?Anonymous employees and contractors have stated that the company is going through a very poor game development structure as well as quality control. Analysts are concerned about its long-term consequences, as this is just the beginning of their declination.

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Final Fantasy XVI Producer Believes A Single Gaming Platform “Would Be Better” for Everyone And Here’s Why

Tokyo-based developer Michael Prefontaine has stated that the company has outstretched itself in too many ways to prosper on so many titles without proper backup plans and oversight. He also exclaimed, “Flooding the market with unfinished, bad, or untested games is a bad move.”

There are other reasons as well. Squre Enix employees have reportedly claimed that the company places so much importance and focus on giving full independence and control to individual producers. This individuality has become a prime cause of their imbalanced teamwork and stagnant thought processes. They have also stated that games have collapsed due to improper documentation and team structure.

Macquarie Capital Securities Japan analyst Yijia Zhai explained the situation and long-term outcomes. He stated: “We remain concerned with the company’s game development structure and game quality control, which could limit long-term performance.”

There were talks going on about the release of the PC version of Final Fantasy 16 along with two paid DLCs. But as things stand, PC fans might have to wait a while to get their hands on the PS5 exclusive titles.

Now, it’s up to Square Enix itself to rebuild everything and compensate for their losses, and it stands apart, as it always does.

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