Sq. Enix has introduced that it’ll exchange president Yosuke Matsuda pending board approval at its annual shareholders assembly this June. Takashi Kiryu, who joined the writer in 2020, will take over the position.
Sq. Enix president pushed NFTs and Blockchain initiatives
It’s the top of an period for Sq. Enix, which has been beneath Matsuda’s management since 2013 when he took over from Yoichi Wada. Most lately, Matsuda grew to become recognized for pushing NFTs and Blockchain initiatives, arguing that Sq. Enix must sustain with new applied sciences and frameworks.
Sq. Enix has gone by way of various years of firm troubles. Fairly a couple of of its excessive profile releases flopped or didn’t meet gross sales expectations – from Marvel’s Avengers to Babylon’s Fall and Forspoken. Within the gaming sphere, Last Fantasy has been conserving Sq. Enix afloat.
Sq. Enix lastly determined to dump its Western enterprise and promote its studios and IPs to Embracer Group, together with Tomb Raider and its improvement studio Crystal Dynamics, and Eidos together with its Deus Ex franchise.
In response to a press launch, the change in management stems from a “fast change of enterprise setting surrounding the leisure trade.” Right here’s hoping this doesn’t imply an even bigger push in the direction of NFTs.
