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Square Enix Incurs $140 Million Losses Due to Project Cancellations
Square Enix has announced that it “expects to recognize extraordinary losses” for the fiscal year that ended on March 31, attributing them as “content abandonment losses”. The Japanese company has, in other words, cancelled undisclosed projects, owing to which it will incur losses amounting to ¥22.1 billion (roughly $140.4 million).