Tag Archives: Yosuke Matsuda

New Square Enix President Will Review Whole Company

New Square Enix president Yosuke Matsuda will conduct a thorough review of the company as part of his new role. As explained in a recent briefing session (translated by Siliconera), Masuda plans on “reviewing all Square Enix duties, business and assets on a zero-based budgeting standpoint.”

Matsuda said that “due to the radical change of environment, I’d like to fundamentally review what works and what doesn’t work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn’t.”

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Source: FULL ARTICLE at IGN Video Games

Square Enix President Yoichi Wada Steps Down

The president and representative director of Square Enix, Yoichi Wada, is stepping down from his position following the company revising its financial forecast.

Wada’s resignation is expected to come into effect from June, at which point Yosuke Matsuda, who joined the company in 2001, will replace him.

The move comes as part of a financial revision for the company, in which it’s revealed that Square Enix now “expects to incur extraordinary loss in the settlement of the accounts for its fiscal year ending March 31, 2013.”

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Source: FULL ARTICLE at IGN Video Games