Taking to Twitter
, former Square Co. boss Hisashi Suzuki has slammed Square Enix, saying that "The merger was a complete failure. There’s no vision for the future." This comes as Square Enix recently announced lowered expectations in their financial forecasts, and revised its expectations for the half-year down nearly 20 percent to ¥61 billion ($766.5 million).
The lowered forecasts come as Square Enix's expectations for Sleeping Dogs sales was much lower than anticipated, with only 1.5 million sales across the board according to GamesIndustry
, a title that they seemed to be hoping would return higher profits. The company reported that a loss of ¥5.4 billion ($67.9 million) was expected. Suzuki also pointed out in his tweet that the total value of Square Enix as a publicly traded company is only worth 124 billion yen compared to before the merger when Square was worth 150 billion yen.
Hisashi Suzuki was president for the company Square before they merged with Enix from 2000 to 2002, and he was intimately familiar with the merged company, having served as director at Square Enix from 2003 to 2005. He is now a director at Sega.