Square Enix President Yosuke Matsuda states in his annual letter that Square Enix will be keeping an eye on and exploring new business opportunities in blockchain entertainment and there are also apparently several new projects based on new IP in development. Two of the most anticipated games of 2023: are Fantasy XVI (coming on June 22nd, 2023) and Forspoken launching on January 24th, 2023.
Last year, Square Enix overhauled its development and publishing organization to advance growth and support it in the future. It streamlined the game business under the One Square Enix model more closely aligning working relationships between Japan and the West. It also sold off its Western game studios Eidos Montreal, Crystal Dynamics, and Square Enix Montreal to Embracer Group for $300 million.
As part of the One Square Enix model, they’ve appointed two chief product officers who will work together to grow its publishing capabilities across the globe. It promoted industry exec John Heinecke (who oversaw Hearthstone and Overwatch at Blizzard) from CMO to CPO.