Square Enix Holdings Co Ltd

9684: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Square Enix Earnings: Swifter Margin Improvement but Top-Line Uncertainty Remains; Shares Overvalued

Pujance Chan

Nov 7, 2025

Square Enix's September-quarter revenue declined by 14.9% but operating margin improved to 24.5% from 11.8% last year. 2025 guidance for revenue and operating income are maintained at JPY 280 billion and JPY 41 billion, respectively.

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Square Enix Holdings Co Ltd

Square Enix Earnings: Swifter Margin Improvement but Top-Line Uncertainty Remains; Shares Overvalued

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