Square Enix has raised its full-year forecast after a stronger first half, and it is pointing to Final Fantasy VII Rebirth on Xbox Series X|S and Xbox on PC as one of the reasons. The publisher’s first-half results, announced on 11 November 2026, also credit growth in catalog sales and the company’s push to put more of its HD games on more platforms.
For the year ending 31 March 2027, Square Enix has lifted its net sales forecast from ¥298 billion to ¥310 billion, operating income from ¥49 billion to ¥59 billion, and profit attributable to owners of the parent from ¥31 billion to ¥37 billion. The dividend forecast is unchanged. The company says the revision follows a strong six months, particularly in Digital Entertainment.
That digital business did the heavy lifting. In the HD Games sub-segment, first-half net sales were ¥35.6 billion, up from ¥24.0 billion a year earlier, and operating income was ¥13.0 billion, up from ¥5.0 billion, for a 37% margin. A year earlier the margin was 21%, and the two first halves before that were in the red. Square Enix says the improvement was “driven by expanded multiplatform releases and stronger catalog title sales,” which is a polite way of saying the Xbox versions are no longer a footnote.
The earnings release names Final Fantasy VII Rebirth for Xbox Series X|S and Windows, alongside catalog titles, among the new releases that helped lift the half. Rebirth launched on Xbox Series X|S and Xbox on PC on 3 June 2026. Across HD Games and MMOs, Square Enix sold 14.87 million units in the first half, up from 9.93 million, including 9.20 million in North America and Europe. Catalog title sales rose to 12.59 million units, from 8.48 million.
In the same results, first-half MMO sales rose to ¥25.7 billion from ¥19.9 billion, after the announcement of the next Final Fantasy XIV expansion, Evercold, which is due on 23 February 2027. The third game in the Remake series, Final Fantasy VII Revelation, is due on Xbox on 8 April 2027. Kingdom Hearts Collection [I~III] also appeared among the period’s major new titles, having launched on Xbox Series X|S and Xbox on PC on 8 October.
