Yoichi Wada now board chairman at Square Enix

Former company CEO stepped down previously due to company's "extraordinary" loss.

Former Square Enix CEO Yoichi Wada is now the company's chairman of the board, according to the company's official site.

Yoichi Wada is now the chairman of the board of Square Enix.

Previously, Wada stepped down in March as a result of the company's "extraordinary" loss of around $106 million. This was due to "sluggish" sales performance of its major games in Western territories. His replacement was longtime chief financial officer Yosuke Matsuda.

Wada said in April that he wished to "support the firm in [his] own way," and said that he won't be the president, director, or staff member of Square Enix Holdings. For more information on Square Enix's latest titles, check out GameSpot's coverage on Final Fantasy XV and Kingdom Hearts III.

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64 comments
tagzi
tagzi

The last three final fantsy games represented the dark age of sqauir enix

mirage_so3
mirage_so3

So, anyone wanna place bets on whether or not this comes out before the PlayStation 5?

Cyram0159
Cyram0159

FFXV Looks like it's trying to be more like WRPGs with fast and fluid combat, and multiple opponents. Also looks like they're taking a note from Dragon's Dogma (a JRPG meant to be similar to WRPGs) where you can hold onto bigger enemies.


Looking at the HUD from the game footage I can see a "Wait" option which makes no sense to me considering everything looks real time and more like Kingdom Hearts. It's also neat to see you can switch between several different weapons of varying shapes and sizes, and probably different moves for each one. I didn't see a command for magic, but there was an instance where magic was used, so I don't know how that's going to work out.

 Also, to make this post relevant, hopefully Square Enix will fare much better this upcoming generation. Maybe we needed some change with the big-wigs to get more of what we want out of the games we play.

Iamshmee
Iamshmee

Everyone thinks this is good, but I think it would be good to get Tetsuya Nomura the hell out of there. He's turned Final Fantasy into an Anime turd fest that's more about action and ridiculousness than story. Miss the days when Hironobu Sakaguchi was at the helm with Nobuo Uematsu.

LucasGSirimarco
LucasGSirimarco

I think this is a good step. Whatever he was doing wasn't working but now with a new leader things should look up. Hopefully. Square Enix has great potential. Cant wait for FF15, and KH3!!!!!!!!!!!!!!!!!!!!!!!!!!!!

bunchanumbers
bunchanumbers

There is only one thing that will save you now square. I know you've been saving it for an emergency but this is that emergency. Its time to remake Rad Racer.

xmask2013
xmask2013

the main character really reminds  me of sasuke uchiha

ni8mare
ni8mare

maybe now Square Enix should start developing games for other paltforms as well and stop being a Sony exclusive kinda company.

TitanPolaris
TitanPolaris

I want a Dragon Quest game for the PS3 or PS4!! I also want a return to what made SQE the company it is in the late 90's long JRPG's that are of high quality and are 60-70 hours deep. Bring back SoM as a HD remake and throw in SD3 as well! FF IV and VI needs a HD 3D remake as well along with Chrono Trigger and Chrono Cross. Remake DQ Games in HD 3D like the one that were on the NES and the SNES, yes the versions that were never released outside of Japan! The state of current games like the ones that are on the PS3 and Xbox 360 are going more and more MP based and I would fork out big bucks for real HD 3D remakes of those old 8-bit, 16-bit and 32-bit games, because of wanting to relive the good old days of my youth and seeing them in modern 3D HD rendering! That way it has all of the old school felling and have a modern slick feel in terms of graphics!

bunchanumbers
bunchanumbers

Ugh.... Wada why don't you just crawl back under that rock you were under when you stepped down after almost riding SE into the ground? I may never purchase a SE game again as long as you're involved. It would be like if Dubya stepped down from president to become the head of the joint chiefs of staff.

3D3
3D3

lol I guess they didn't realize that many people were happy when he left.

servb0ts
servb0ts

Toriyama for President. LOL

HonorOfGod
HonorOfGod

Well duh once you resign you cant go back to being top dog. Thanks for stepping down Wada San we got to finally se VS XIII and you lied btw when you were asked if its still a ps3 title you stated that nothing has changed but.. its a ps4 game.. thats a $400 change buddy!

_Perfectionist
_Perfectionist

I'm surprised they call Tomb Raider sales 'sluggish'. It's crazy! :/ 


dr_jashugan
dr_jashugan

SO?! Does that mean NOW they are going to make FF VII the Remake? 

If NOT then this news is no news. Moving on. :-P

JRLennis
JRLennis

This is the consequence of failure?

Seriously, Yoichi Wada has no business being involved in any aspect of the video game industry after what happened to Square-Enix under his watch.  The fact that he is now Chairman suggests that Square-Enix will not be making the changes they so desperately need to make to return the company to greatness.

silvergol
silvergol

Was good him step down? because i think this don´t gonna change nothing!.

dom28
dom28

Holy shit what is going on honestly? First i hear about Atlus parent company going bankrupt and now this?  jeez =/

karnis
karnis

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

renzorxfx
renzorxfx

Yes they might have been doing some things badly   with final fantasy 13 but they are trying to fix it.. and these new games honestly look awesome... they just need to bring back Oda and the character designer from old squaresoft and id be sold no need to be so extremely negative about it.. you either see the games.. and express by either buying or not...  


drokmore
drokmore

We'll here's hoping they make it to at least Final Fantasy XVI

Iramek
Iramek

I don't see this ending well for SE. He's clueless about this industry.

jmartin1016
jmartin1016

So he almost ruined the company and now he has a lot of control again? Remember when people that failed at their jobs got fired?

PETERAKO
PETERAKO

under who was chrono trigger reincarnation got threatened by legal action?

Shango4
Shango4

No wonder Kingdom Hearts 3 and Final Fantasy XV are multiplatform.

sephirothsfan02
sephirothsfan02

This guy is worse than herpes, please GTFO!!! you and your buddy Toriyama are the biggest trolls of the industry and almost ruined SE single handedly with your incompetence and fortune telling mumble jumble!!! If I saw this guy on the street I`d hit him in the face with all my strength, not even kidding!

Ra-Maxima
Ra-Maxima

Ha ha This man must change his polices or he is going bye bye.

where is the old FF and Chrono and old Square

eBunny7
eBunny7

Still really hope they port FFXV to the PC, but I doubt there is even a chance for that to happen with KH3, though that would be awesome.

WantYouBad
WantYouBad

People really want that new Devil May Cry.

Xanedis
Xanedis

@ni8mare They did say that FF15 and KH3 are also coming to Xbox One, so there's that. Also, Bravely Default is coming to 3DS and Realm Reborn, also known as FF14, is coming to PC and PS3.

Donnow about the games that come after those, but I hope these games I mentioned are good enough in themselves. I've been hearing a lot of praise for FF14 lately, it is said they succeeded in the revamp.

soulless4now
soulless4now

@TitanPolaris As much as I'd like to have some of those games remade too, I'd rather them create new titles and working to make FF a relevant series again. I do agree they should make a new DQ for next gen. It's been far too long since it's been on a Sony platform. 

ruisan101
ruisan101

@HonorOfGod LOL yea the main reason i bought a PS3 was mainly because of Versus 13 and boy soooooooo much time has passed since then. Square has really disappointed me this Gen they better step it up next gen

fend_oblivion
fend_oblivion

@_Perfectionist Knowing SE, they must have spend a lot of the game's budget on marketing. That's why they're not happy with the TR sales.

RalpT-101
RalpT-101

@dr_jashugan The re-release of FF7 PC was that bad?

RalpT-101
RalpT-101

@silvergolHmm, I also think him stepping down,don´t will change many things at Square Enix,if i remember well  Yoichi constantly supporting Linear games, Ios games,waste tons of money on graphics, the result :


Mindjack, Final Fantasy All the Bravest, and others unknown games  very expensive to do!.

horizonwriter
horizonwriter

@silvergol How does a statement like that even look remotely decent to the person sending it before they post?

Soleride
Soleride

@Shango4 No i believe Sony's exclusivity ran out with the franchise i believe was the real reason and the multi-platform move then was made for a broader audience and yes to recuperate funds 

TitanPolaris
TitanPolaris

@soulless4now @TitanPolaris That too. I for one am looking forward to FF 15 and what it can do for the franchise! Let's hope it goes back to having an old school style of over world adventuring like in DQ8, or the Tales series, because that's what FF needs right now to compete with WRPGS! The over world style of random battles and level grinding is what made FF so popular in my mind when I first played the series back when FF IV came out on the SNES, and it got me hooked on JRPGS and I still prefer them over WRPGS like Skyrim, and Mass Effect. The story has got to also be what it was in those days linear but not DOWNRIGHT linear, meaning you could do traveling, level grinding, shopping, and just having the right amount of freedom of movement and in conversations, and not straight point A to point B like in FF 13. Also have a least an old school option us old timers that grew up on turn based combat, because I could never grasp the real time combat of FF 12 or 13.

Also I would not mind if they made another HD game remakes of Soul Blazer, Illusion of Gaia, Terranaigma, The 7th saga series, and the Act Raiser series if they think that action games would sell better in the west, or since Gradius is not being produced anymore bring back Einhander, because I want a old school shooter that is like Gradius. Also make a deal with Monolith to bring back the Xenosaga Series to SQE starting with Xenogears aka Xenosaga Episode 5, because I want to see the 6th Episode.

As far as new titles, they need to have games that being made in house and not being farmed out like in the case of Capcom (Looking at Devil May Cry and Biohazard), if they are to have any chance of being successful in the west. Don't farm it out like Sega did with Binary Domain!  

BlackBaldwin
BlackBaldwin

@ruisan101 @HonorOfGod 

I got a ps3 expecting decent RPG games from square and honest yes we got a few from Square but most of this gen they spent all their time either making handheld games or ios games and back of the bus SH&T games.  FF15 will be their saving grace or execution in my eyes..

Uiltetwr
Uiltetwr

@RalpT-101 They want a 3d remake in hd next gen graphics, theres nothing wrong with the pc version

Iamshmee
Iamshmee

@TitanPolaris Wow you love your JRPG's. I do agree some things would be good to see redone, but anything before FF6 needs to be left alone at this point. Too many remakes recently. It would be nice to see some come backs for Chrono Trigger or SOM series. Also it's rare to see anyone know about 7th saga! Though I never played the 2nd one the first one was pretty awesome. Good on you for all of your knowledge.