Square Enix hunting for foreign partners

Japan-based RPG powerhouse Square Enix is looking to improve its revenue stream overseas, and to do that the publisher is looking for a foreign partner for the US and Europe markets. Senior Vice President Michihiro Sasaki has told Financial Times that currently only 10 to 20 percent of the company's revenue is currently coming from overseas markets. "Within two to three years we want to make it half," he said.

If Square Enix is interested in increasing its overseas sales, the company will likely have to find partners adept at making non-RPG titles, as those tend to perform worse in US and Europe comparative to the Japanese market. The company is currently developing The Last Remnant, a game they dub as "for the world" and that they're planning for simultaneous release worldwide for both the Xbox 360 and PlayStation 3.

Sasaki also commented on the PlayStation 3's sales, stating that he was a "little worried" about its performance. He also praised Nintendo for expanding the industry's demographic.

Tags: michihirosasaki, squareenix

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