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Square On Nintendo: The Official Word News
Chris Leyton
00/12/0000
Specific details on the new subsidiary and their direction FROM a Square representative...
Following on from the weekendâs announcement regarding Squareâs development of titles for Nintendo formats, we today received the official word from a Square representative.
Company Name : Square, Inc.
Representative Name : CEO/President Yoichi Wada
Inquiries to be made to : CEO Office, Publicity/IR Chief
Kazuyoshi Murakawa
In some of the coverage by the media today, there have been reports that âOur company will return to providing games for Nintendo Co. Ltd.â and âOne of our companyâs producer will establish a companyâ. While we are currently in the stage of preparing for publicity, we will release some supplementary explanation.
Our company is currently in preparation to release game software for Nintendo Co. Ltdâs âGame Boy Advanceâ through a game planning & development company (Corporate name: Game Designers Studio Inc.(tentative), Capital: 10 million yen, Capital composition: Akiyoshi Kawazu 51%, Square 49%, Company Representative: Akiyoshi Kawazu(concurrently with post as Square Executive).
In addition, our game planning & development company is going through adjustment to receive an investment fund in its development of a new type of game. The investment fund âFund Qâ, was established by Hiroshi Yamauchiâs private fortune (Nintendo Co. Ltd President) to support venture businesses.
These issues will not influence our business productivity for the present term. We are currently planning our business management for the next term and onwards such as âFinal Fantasy XIâ and âFinal Fantasy XIIâ, with Sony Computer Entertainmentâs PlayStation 2 as our main platform.â
