After the sluggish sales of their latest major game releases, it comes as little surprise that the publisher needs to carry out due diligence investigations to squeeze out underperforming operations
New York, NY (PRWEB) April 11, 2013
On April 9, popular news and technology blog DigitalOlympus.com commented on a recent IGN news story regarding Square Enix’s complete internal audit of all their operations as a fundamental part of the business strategy presented by the publisher's new president Yosuke Matsuda.
The IGN piece revealed that the Japanese publisher plans to review all duties, business and assets on a zero-based budgeting standpoint following their recent losses and restructuring efforts. According to the news article, “New Square Enix president Yosuke Matsuda will conduct a thorough review of the company as part of his new role.”
The IGN article goes on to state that Matsuda would like to essentially review what works and what doesn’t work for Square Enix’s complete portfolio of IP and assets in order to cast all of their resources towards extending what makes them successful and methodically removing what doesn’t.
Matsuda, who will take over as the president of the company next June succeeding current president Yoichi Wada, concluded his briefing session by asking for patience and pledging he would further explain a concrete plan in the near future after conducting the necessary internal investigations.
Responding to the IGN news article, researchers at DigitalOlympus.com hailed Square Enix’s review as an example of well-organized business intelligence; by conducting exhaustive internal investigations the famous Japanese publisher will now be able to efficiently assess their strengths and identify their priorities.
This could be seen as an important point of reference for other companies looking to improve their current financial situation. Although no official statements have been made by Square Enix regarding this matter, it's not unlikely they will utilize third party professionals specialized in asset search, as well as other due diligence services, to gather as much data as possible.
“Square Enix’s company-wide audit is a big step in the right direction,” said a lead researcher at DigitalOlympus.com. “After the sluggish sales of their latest major game releases, it comes as little surprise that the publisher needs to carry out due diligence investigations to squeeze out underperforming operations.”
As a leading news and technology blog, DigitalOlympus.com is committed to promoting the adoption of business intelligence and due diligence practices that can help companies improve their decision making process, and advises its readers to employ full service companies specialized in corporate investigations when needed.
Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses.