Square Enix braces investors for 'extraordinary losses' in last fiscal year

On the eve of its quarterly presentation to investors and analysts, Square Enix today sent out a "revised" (uh-oh) forecast for the financial results of the last fiscal year, which ended March 31, 2011. Stakeholders should bring their ponchos -- they're in for stormy weather.

In February, with nine months in the books, the publisher was confident it could hold onto its threadbare profits, forecasting a meager ¥1 billion ($12 million and change) in net income at the close of the fiscal year. While the unforeseen and devastating Great East Japan Earthquake in March knocked out more than half of that forecast income -- costing Square Enix roughly ¥0.6 billion in amusement facility closures and repairs -- other factors contributed more significantly to the company's now bleak outlook.

So how... (Continue Reading...)

April Fools: Guild Wars 2 introduces modern Commando warfare

Not to be outdone by Blizzavision's World of Duty: Modern Warcraft, it appears NCsoft's Guild Wars 2 will counter with a Commando profession for the upcoming MMO. Featuring the motto: "If it bleeds, I can kill it," the contemporary military unit will "Oscar Mike" into the fight on land, sea or air across the fantasy realm.

Some may argue that the profession is overpowered against evil bunny and dragon tangos, given that the class can equip grenades, drive all types of modern vehicles, and call in gunships, Predator air strikes and naval bombardment... but allow us to assure you that it totally is. Good thing the profession is just another April Fools... (Continue Reading...)


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