After Marvel's Avengers, Forspoken, and blockchain failures, Square Enix's president might be out

Marvel's Avengers
(Image credit: Square Enix)

Square ꦺEnix president Yosuke Matsuda could be replaced as early as Jun🦩e.

Earlier today on March 3, Square Enix's board of directors in the "Representative Director" of the company. The proposal from the board is th🐲at current head Yosuke Matsuda ste♒p down, and current Square Enix director Takashi Kiryu take over in the role of president.

Square Enix's shareholders will come together to vote on the planned change at some point in June 2023. While there's no guarantee that Matsuda will actually be r🐠eplaced with Kiryu, all signs are pointing to a change, thanks to Square Enix's board of directors kicking off the process.

This proposed change comes after a series of high-profile disappointments under Matsuda. Marvel's Avengers seems to have been a disappointment for both Square Enix and Crystal Dynamics, leadౠing to development ending on the game later this month, while 澳洲幸运5开奖号码历史查询:Forspoken, which launched b🅠ack in January, was generally met with middling reviews and a lukewarm reception from players at large, with its developer, Luminous Productions, being absorbed back into Squꦇare Enix.

Additionally, Matsuda's major initiative over the past few years has been a pivot to blockchain technology and NFTs, something that𓄧's drawn the ire of Square Enix fans the world over. For all the planning and funding the initiative f⭕rom Matsuda has received, it's yet to turn a profit for the company.

Square Enix's latest financial results in November 2022 showed a dip for the first half of the 2023 fiscal year, with 澳洲幸运5开奖号码历史查询:Final Fantasy 14ꩵ ge🉐nerally carrying the company💮 in sales. The company announced disappointing sales for Dragon Quest X and Live a Live, both of whi🎐ch actually fell short of sales of Nier Replicant and Outriders the year prior.

Whether ꦅMatsuda does end up departing Square Enix in June remains to be seen, but it's clear the company has been in a bit of a turbulent time of late.

Head over to our 澳洲幸运5开奖号码历史查询:new games 2023 guide for a look at all the games Square Enix will be launching over the coming year. 

Hirun Cryer is a freelance reporter and writer wi🧜th Gamesradar+ based out of U.K. After earning a degree in American History specializing in journalism, cinemᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚa, literature, and history, he stepped into the games writing world, with a focus on shooters, indie games, and RPGs, and has since been the recipient of the MCV 30 Under 30 award for 2021. In his spare time he freelances with other outlets around the industry, practices Japanese, and enjoys contemporary manga and anime.