Square Enix has been kind of lousy for a while now, but finally the company’s CEO Yoichi Wada is stepping down. He’s been steering the company for over a decade, and in my opinion Square/Square Enix was much better off with Hironobu Sakaguchi back in the day, but things change, and Square Enix is in trouble. So what brought about this sudden resignation and what are Final Fantasy X fans so excited about?
Is there Hope for Square Enix?
So the main reason that Yoichi Wada is resigning is because Square Enix has had a really crappy time this generation. Their previous fiscal year was reported as an extraordinary loss. That’s bad.
Final Fantasy XIV was a massive failure, FFXIII sold well but had a generally mixed to poor reception, and the same goes for XIII’s sequel. Even my last hope for the company, Dragon Quest, is starting to crap out with DQX which is a MMO for NO RAISIN. FFXI and FFXIV were lousy! Square Enix! Stop making MMOs! You’re not good at it!
To be fair, it was announced in 2012 that FFXI had become the most profitable title in the Final Fantasy series. While that may be true given that monthly subscriptions really add up fast, it doesn’t change the fact that I didn’t like the game and view it as the depressing turning point for the series.

Needless to say, the company’s long overdue for a major change. They’ve lost much if not all of their former glory. Instead of releasing great titles and classics like the old Final Fantasy games, Secret of Mana, Chrono Trigger, Vagrant Story, Parasite Eve, etc – they’re dribbling out poorly selling games like Sleeping Dogs, XIII-2, and Hitman: Absolution.
Sure, some games of theirs end up being highly rated and doing well, but I just feel like Square Enix has lost their identity somewhere along the way. Sure, the latest Tomb Raider looks like a cool game and seems to be doing well so far, but that game is only under the Square Enix name because they acquired Eidos, the company that originally published Tomb Raider. Square Enix was even responsible for publishing Call of Duty: Black Ops II in Japan (what?). I know, I was surprised too. This company is all over the place.

Anyway, they need to overhaul the company and refocus and reprioritize and all that other good business stuff. Synergy. Good news is that they are doing just that. Only bad part is that by making all of these restructure changes they’ll be losing about 10 billion yen (over $107 million). That’s a lot of cash.
To make matters worse, Japanese RPG developers in general have been catching some flak for not keeping up with the times and modernizing for a worldwide audience. Stuff like this is part of the reasons that Japanese RPGs don’t make it to America like they used to. Games such as Dark Souls and Monster Hunter are exceptions to the rule here, but on the whole JRPGs are not received as they once were.
You’ve Changed, Final Fantasy… You’ve Changed
“I never realized… how bad of a game we are…”
The Final Fantasy series in particular has taken a plunge. The games are selling less and less copies and Square Enix has been having trouble getting them out in a timely manner. FF Versus XIII was unveiled over 6 years ago and there’s not even a demo yet. FF Type-0 was released in Japan about a year and a half ago but still has yet to see an international release.
For some unknown reason, Square Enix plans to relaunch FFXIV as Final Fantasy 14: A Realm Reborn. JUST LET THE GAME DIE, SQUARE ENIX. Seriously. I’m tired of it clinging to what little life it has. They’re also coming out with another FFXIII sequel called Lightning Returns: Final Fantasy 13. Again, I have no idea why. The other FFXIII sequel was pretty mediocre, why continue down that road? Not enough people like these games for them to keep releasing sequels and spinoffs.
New CEO = New Hope?
Needless to say, the new CEO, Yosuke Matsuda has his work cut out for him. I know next to nothing about him other than he was the company’s representative director before, but hopefully he’s up to the task. He’s got a long hard road ahead of him.
In my opinion, Square/Square Enix started to crap out around the time Hironobu Sakaguchi left the company and around the time Wada became CEO. How much blame should go where and all that is anyone’s guess. Is Wada solely responsible for Square Enix’s troubles? Probably not, but he was the figurehead and he’d lost face as the leader.

Final Fantasy X was the last FF game that I really, truly enjoyed. It was the last FF game released under the Square name before they became Square Enix, and I choose that game as the last reminder of Hironobu Sakaguchi in an attempt to forget that he was mainly responsible for FFXI being a MMO *shudder*
So why are FFX fans rejoicing as I mentioned in the title? Well, some might be holding out hope that with the CEO stepping down, Square Enix might return to the glory days it enjoyed leading up to FFX – but there is another reason FFX fans are happy. FFX is getting an HD makeover.
Aw Yiss, FFX in HD
[yframe url='http://www.youtube.com/watch?v=Ev5HrygFUYM']
Since most of this post has been kind of a depressing rant (sorry), I thought I’d leave you with some much happier news. Final Fantasy X is getting a rework. While not everyone likes FFX, I know I do, and I am definitely looking forward to playing it again with some smoothed up visuals.
FFX was the first Final Fantasy on the PS2, the first with significant amounts of voice acting, and also the first to warrant a direct sequel, even if the sequel wasn’t all that impressive (FFX-2 is getting a rework too btw). The HD remaster will be released on both PS3 and PS Vita, many thinking it will come out around June or so. I for one can’t wait to get my hands on it.
So tell me, are you excited for an HD remaster of FFX/X-2? What do you think about Square Enix’s current situation and Yoichi Wada stepping down? Do you see a bright future ahead for the company? Let us know in the comments!
