Square Enix was stung by a poor first quarter for its current financial year, a swing in fortunes which the JRPG publisher admits can be attributed to weak console software sales. For the four month period ended June 30th, Square Enix's Digital Entertainment division reported revenues of ¥11.3 billion ($144.8 million USD), and an operating loss of ¥111 million ($1.4 million USD) compared to the ¥2.8 billion ($36.2 million USD) in operating income posted during the same timeframe last year.
One bright spot for Square Enix's gaming division was Dragon Quest Monsters: Terry's Wonderland 3D for the Nintendo 3DS, which enjoyed "favorable" sales throughout the quarter. The success of the handheld title was joined by similarly positive returns from SE's smartphone and PC titles.
Square Enix isn't letting their Q1 results get them down however, as the publisher still has yet to deliver its upcoming batch of (hopefully) stronger console software including the new Tomb Raider, Sleeping Dogs and Hitman: Absolution. With this war chest in tow for the rest of the fiscal year, Square Enix is maintaining a positive forecast (including a boost in both sales net income) for its full-year results come next March 2013.