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Square Enix’s crypto-loving president likely to be ousted in favor of a different, still crypto-loving president

2 years ago
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First reported by VGC (opens in new tab), Sq. Enix introduced (opens in new tab) that it plans on ousting firm president Yosuke Matsuda. Following shareholder approval, Matsuda can be changed with Takashi Kiryu, who got here to the corporate from managing the Dentsu Innovation Initiative (opens in new tab) in 2020.

Matsuda’s run since taking on for Yoichi Wada in 2013 has been, what else, a blended bag. His tenure noticed an elevated variety of PC ports, some concurrently launching with their console counterparts, however that timeliness is hardly a given⁠—Remaining Fantasy 7 Remake took over a 12 months to return to PC, whereas Remaining Fantasy 16 will probably take greater than six months (opens in new tab). 

It is also value noting that the writer has turn into synonymous with poor PC ports (opens in new tab) extra broadly: Stranger of Paradise: Remaining Fantasy Origins, Forspoken, and Remaining Fantasy 7 Remake all boasted various levels of stuttering, low FPS caps, and restricted choices menus. Matsuda’s tenure additionally noticed the sloughing off of Sq. Enix’s Western builders (opens in new tab), promoting Eidos Montreal, Crystal Dynamics, and Sq. Enix Montreal to the Embracer Group.

And naturally, the elephant within the room: Matsuda loves blockchain stuff; nonetheless does too, even after crypto’s beautiful contraction in late 2022 and the continued investigation and/or prosecution of a number of main exchanges. “We’re most targeted on blockchain funding, to which we now have devoted aggressive funding,”  Matsuda wrote (opens in new tab) initially of the 12 months.

Now, you would possibly hope that this tone-deaf dedication—whilst crypto boosters have been left holding the bag after the market collapsed—is likely to be what prompted Matsuda’s ouster, however that appears somewhat uncertain. Incoming president Kiryu’s earlier job at Dentsu concerned “scouting of recent and disruptive applied sciences,” and never the sort that make JRPGs run at arbitrary framerates above 60 fps. The corporate is closely leveraged in NFTs, the metaverse, and Internet 3.0—all these buzzwords that simply appear weirdly dated now that the children are all-in on AI.

No matter comes of shuffling the highest canine at Sq. Enix, I would not fear simply but⁠—nothing a lot has come from the corporate’s blockchain bullishness so far. In addition to, they’ll mint Cait Sith NFT strains to their hearts’ content material so long as they simply let my man, Dragon Quest creator Yuji Horii, cook dinner in peace. Slime NFTs in Dragon Quest 12⁠—that is once I’m breaking the glass.



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