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E3 08: Square Enix shares rise on FFXIII boost

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E3 08: Square Enix shares rise on FFXIII boost

News that FFXIII will release on both 360 and PS3 sees Japanese firm’s stock price rocket

The share price of Japanese RPG specialist Square Enix saw its steepest rise in over a month yesterday on news that the firm is to release the madly anticipated Final Fantasy XIII on both Xbox 360 and PS3.

Bloomberg reports that the company’s share price rose 5.2 per cent on the Tokyo Stock Exchange – bucking the average daily stock performance of a two per cent drop.

Mizuho Securities analyst Takeshi Koyama said of the move: “Square Enix is adopting a flexible strategy for releasing game software. The share price movement today reflects that investors welcome the news.'”

It’s the first time a full, numbered instalment in the Final Fantasy series has debuted on more than one machine, and (with the exception of PC MMO outing FFXI) the first time since FFVII that a new instalment hasn’t been a PlayStation exclusive upon release.

The news, coupled with Square Enix’s 360-exclusive RPG Infinite Undiscovery, is expected to boost Xbox 360’s poor performance in Japan.

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not in japan

posted by Jul 15, 2008 at 11:05 am
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"The news, coupled with Square Enix’s 360-exclusive RPG Infinite Undiscovery, is expected to boost Xbox 360’s poor performance in Japan."

But Square Enix have said it's not coming on the 360 in Japan - also FF13 Verses is still a ps3 exclusive. So they are only getting half the story.

The one place MS would want FF13 released is in Japan and they're not getting it; its a bit bitter sweet for them.

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FFXIII not being released on xbox in jap

posted by miffy Jul 15, 2008 at 12:04 pm
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miffy

article is wrong. Square-enix isn't releasing a japanese version of Final Fantasy XIII on the xbox360.

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