Square Enix Denies Report The Company Is Up For Sale

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After an unconfirmed report that multiple buyers were looking at acquiring Square Enix, the Tokyo-based game maker released a statement denying it.

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Bloomberg has reported today that there is interest from several buyers to acquire Square Enix,” the statement reads. “However, this report is not based on any announcement by Square Enix Holdings Co., Ltd.”

The report originated on CTFN and was later sourced for a Bloomberg article. It claimed that potential buyers had been looking at the company in the past six months but it wasn’t clear whether they were interested in acquiring the entire outfit or parts of its business.

The rest of Square Enix’s statement gets right to the point, denying the report: “We do not [sic] consider selling off the company or any part of its business, nor have we received any offer from any third party to acquire the company or any part of its business.”

Originally from Texas, Ashcraft has called Osaka home since 2001. He has authored six books, including most recently, The Japanese Sake Bible.

DISCUSSION

shotmyheartandiwishiwasntok
shotmyheartandiwishiwasntok

People are speculating that Microsoft and Tencent are the most likely bidders, but thanks to Japanese laws that would prove difficult to do. Some have theorized Sony and Nintendo, but the former likely doesn’t have the raw cash to outright buy SE and Nintendo would not be a good fit given what SE likes to do with their AAA titles.

More than likely, assuming anything DOES happen (which is not guaranteed), it will be SE selling one of their Western development branches like Crystal Dynamics.

Again, I’m leaning towards this being a whole lotta nothing.