Square Enix 30% market value plunge may be just the beginning
Square Enix 30% market value plunge may be just the beginning
(Bloomberg) -- Square Enix Holdings Co. has shed nearly $2 billion of its value since Final Fantasy XVI, the latest installment of its global hit series, came out to mixed reviews. Now investors wonder whether one of the games industry’s most remarkable runs is coming to an end.Most Read from Bloomb...
If i look a year back i was quite satisfied with Square Enix games, but of course i see the Problems. I played Star Ocean 6, Valkyrie Elysium, Final Fantasy VII Crisis Core, Forspoken and Final Fantasy 16. I enjoyed all of these game even though a lot of them had a quite bad reputation. Forspoken maybe the biggest flop of Square Enix because it cost them for sure more than a Star Ocean or Valyrie game. But i see the lack of quality in a lot of these game, so kind of understand why the market value doesn't rise a capcom. Capcom does everything correct at the moment.
I think part of the problem is that a lot of these games have been seen as not worth the money at the time of release. I certainly felt that way about Valkyrie Elysium - I enjoyed it a lot but it should have been a little cheaper. I haven't played Forspoken but from what I understand that while there have been issues that rightly need pointing out, it is getting unfairly punished in user reviews and opinion polls. Just looking at recent Metacritic reviews for the PS5 and there are some ridiculous "0" and "1" ratings.
This may be the extreme but people take average user ratings over average critic ratings more serious these days as they think they're more honest and not bought/sponsored like big sites are.
