Square Enix Fails to Meet Sales Goals Despite Success of Tomb Raider and Other

Several Square Enix titles have not met the sales expectations, leading the company to face significant losses for the financial year, according to a report on Eurogamer.The three games singled out in the report were Tomb Raider, Hitman: Absolution, and Sleeping Dogs, and while all three games did well, they did not sell as much as Square Enix was hoping.

Tomb Raider has sold 3.4 million copies since launching four weeks ago, but it still hasn't managed to not hit the sales expectations of the reboot. Hitman Absolution, in comparison, sold 3.6 million copies since coming out in November. Trailing far beyond these titles was Sleeping Dogs, which has sold 1.75 units since last August.  

Since these three titles were the biggest games the company put out in North America and Europe during the six month projected sales forecast, they were expected to account for the bulk of Square Enix's 14.9 million sales goal in their last financial report. With these three games only accounting for 8.75 million units combined, Square Enix obviously fell short of their goals.

It is surprising that despite the record breaking success of Tomb Raider, and the high sales marks of Hitman: Absolution and Sleeping Dogs that Square Enix still managed to tremendously fail at hitting the company's sales goals. The company has also announced today that president Yoichi Wada has resigned over the company's financial woes.

The company blames slower than expected sales in North America, which has 33 percent lower sales figures than Europe, for the gap between projected and actual sales. We shall see how this dire news affects the company as Square Enix goes into the next financial year.