Is there a more baffling big publisher than Square Enix? Just last month, the Japanese company issued a statement saying that it considered sales of Final Fantasy 16 "extremely strong" after the PS5 exclusive had surpassed 3 million copies in under a week following its launch. Now, however, new Square Enix boss Takashi Kiryu is saying that the action RPG didn't meet the publisher's higher-end expectations.
The backtrack comes courtesy of the company's latest earnings report, as covered by Bloomberg (paywall). It was apparently a rough one, with Square Enix pointing out a 79% drop in profit. The part that's bound to raise eyebrows, though? Kiryu highlighted the PS5's "slow adoption" as a cause of Final Fantasy 16's struggles. This is despite Sony's current-gen console recently breaking records left and right.