SE's New President Plans To Review The Entire Company

#1ExentrykPosted 4/2/2013 6:39:16 PM
In a recent Square Enix Holdings briefing session, the to-be president, Yosuke Matsuda, talked about his plans for the company:

“After having succeeded the important role as the president, I plan on reviewing all Square Enix duties, business and assets on a zero-based budgeting standpoint. Due to the radical change of environment, I’d like to fundamentally review what works and what doesn’t work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn’t.

As far as a concrete plan on what to expect from us, I will further explain it on another briefing session in the near future, so I kindly ask for your patience. Thank you for your support.”

Matsuda also mentions his plans to make Phil Rogers, CEO of Square Enix Europe, the new director of Square Enix Holdings. The two will act as the renovating pillars of Square Enix.

Former Square Enix president and representative director Yoichi Wada has expressed his confidence in the new president and stated that he is not concerned with the company’s management under Matsuda. Wada’s resignation as CEO of Square Enix will go into effect on June of 2013, but he will still be part of the company. Wada states:

“As an employee, I believe it is my duty to help the company and give proper results from it. I will be retiring from the line of management, but I plan to work on site as a way to pay my debt to the company.”

It has yet to be revealed as to what position Wada will take after his resignation takes effect in June. Meanwhile, Square Enix Los Angeles has been hit with lay-offs.

----------
Source - http://www.hd.square-enix.com/jpn/ir/library/docs/130326/page06.html
Via http://www.siliconera.com/2013/04/02/square-enixs-new-president-plans-to-review-the-entire-company
---
Veni, Vidi, Dormivi.
#2R1nPosted 4/2/2013 6:44:26 PM
Oh no. Wada's gonna stick around.

And I really hope Matsuda knows what he's doing.
---
Mega Man is my hero.
#3Panda_KunPosted 4/2/2013 6:49:37 PM
Lay offs huh? That millions of losses sure did it.
---
"Lara Croft, You're My Hero!"
#4Rose_of_MayPosted 4/2/2013 7:05:10 PM(edited)
Due to the radical change of environment, I’d like to fundamentally review what works and what doesn’t work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn’t.


Looks like the layoffs in LA are just the beginning. But does this mean fewer games will come stateside?

-edit-

Here's hoping Matsuda puts his foot down with all the egos that seem to be running the show at SE, i.e. Nomura. Get one game done before moving on to the next.
#5IshramTheWrathPosted 4/2/2013 7:09:03 PM
Rose_of_May posted...
Due to the radical change of environment, I’d like to fundamentally review what works and what doesn’t work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn’t.


Looks like the layoffs in LA are just the beginning. But does this mean fewer games will come stateside?

-edit-

Here's hoping Matsuda puts his foot down with all the egos that seem to be running the show at SE, i.e. Nomura. Get one game done before moving on to the next.


Oh god, what if Versus never gets localized?
---
Toriyama Motomu is the Uwe Boll of video games.
#6Panda_KunPosted 4/2/2013 7:25:19 PM
IshramTheWrath posted...
Rose_of_May posted...
Due to the radical change of environment, I’d like to fundamentally review what works and what doesn’t work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn’t.


Looks like the layoffs in LA are just the beginning. But does this mean fewer games will come stateside?

-edit-

Here's hoping Matsuda puts his foot down with all the egos that seem to be running the show at SE, i.e. Nomura. Get one game done before moving on to the next.


Oh god, what if Versus never gets localized?


I shall commit seppuku.
---
"Lara Croft, You're My Hero!"
#7ExtremeLightPosted 4/2/2013 7:28:24 PM
IshramTheWrath posted...
Rose_of_May posted...
Due to the radical change of environment, I’d like to fundamentally review what works and what doesn’t work for our company, then cast all of our resources towards extending what makes us successful and thoroughly squeezing out what doesn’t.


Looks like the layoffs in LA are just the beginning. But does this mean fewer games will come stateside?

-edit-

Here's hoping Matsuda puts his foot down with all the egos that seem to be running the show at SE, i.e. Nomura. Get one game done before moving on to the next.


Oh god, what if Versus never gets localized?


Then SE goes under.
---
Lightning Returns will surpass 13-2 and become accepted by haters!
Official Noctis Lucis Caelum of the XV board.
#8IshramTheWrathPosted 4/2/2013 7:29:01 PM
^Hopefully not before demanding the entire board of SE do it first.
---
Toriyama Motomu is the Uwe Boll of video games.
#9RasukouPosted 4/2/2013 8:19:42 PM
IshramTheWrath posted...
Oh god, what if Versus never gets localized?


Isn't that threat an incentive to learn Japanese? :P

I started reading Dogs and Demons per Aryllies's recommendation. If Kerr is right, I don't expect too much from Mr. Matsuda. He alone is not likely to make any lasting improvements to the company, but at least he has authority going for him.

This loss could be a great opportunity for Square Enix to make a huge comeback, but I wonder if Matsuda will seize it and try something new or if he decides just to relapse back into old habits (such as delaying announced projects. A classic tactic).
#10Lelouch71Posted 4/2/2013 8:45:45 PM
The whole organization needs some restructuring so I hope Matsuda can lit a fire under everyone asses and try to get the company back to it feet and to its former glory.
---
"Your arms are too short to box with God!"