Low sales and rising development costs push Square Enix to $67.6M loss for first six months of 2012 fiscal year
Japanese developer and publisher Square Enix posted a loss for the six month period between April 1 and Sept. 30, 2012.
While the company reported net sales of 61 billion yen ($763.8 million), an increase of 6.2 percent over the same period in 2011, it reported an operating loss of 5.2 billion yen ($65.1 million), and a net income loss of 5.4 billion yen ($67.6 million).
By comparison, between April and September 2011, the company’s operating income was 7.3
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