Square Enix Wins Cheers, Share Gain on Final Fantasy TrailerPavel Alpeyev and Grace Huang
Square Enix Holding Co.’s shares jumped to the highest level in more than six years after the creator of the Final Fantasy franchise announced a new installment of the game for Sony Corp.’s PlayStation 4.
The Final Fantasy VII remake trailer received the loudest cheers from gamers at Sony’s presentation at E3, the annual video-game conference in Los Angeles on Monday. Square Enix surged 2.9 percent to 2,956 yen, the highest since November 2008, at the close in Tokyo trading.
The reboot of the 1997 fantasy game which sold 11 million units worldwide was among a dozen games announced by Sony, which didn’t give a release date. The lineup also included Sony’s own adventure series Uncharted, indie space-multiplayer No Man’s Sky and shooting megahit Call of Duty.
The Final Fantasy franchise dates back to 1987, spanning 47 titles and 110 million units sold, according to Square Enix’s website. The original FFVII debuted exclusively for Sony’s PlayStation. Square Enix hasn’t said whether the remake will be available on Microsoft Corp.’s Xbox One.
Sony fell 1.4 percent to 3,761 yen, compared with a 0.6 percent decline in the benchmark Nikkei 225 Stock Average.
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