Square Enix faces scrutiny after their latest failures. In this, the first part of a three part series, we introduce the company and review their other businesses.
Thank you for sharing! Quick math check for the unlevered ROA for amusement business, how did we get 26% ROA on a 3.9B post-tax profit when assuming 11B is carried in the books?
Well, it is easy to get there, although you have to be a bit dumb to follow, I'm afraid. First I made a typo and noted down 2.9B post-tax profit and used that number. Caught the typo later, but forgot I had used it to calculate something else already.
Thanks for noticing, will correct in the online version ˆˆ'
In all honesty, what happened is that the editor was starting to get slow (especially when I had Grammarly active) and I still had a lot to go, so decided to split for my comfort.
Square Enix is a bit too big to explain in detail in 5-6k words (for me). Their other segments are too interesting to leave aside, as I did with Sega Sammy back in the day
Thank you for sharing! Quick math check for the unlevered ROA for amusement business, how did we get 26% ROA on a 3.9B post-tax profit when assuming 11B is carried in the books?
Well, it is easy to get there, although you have to be a bit dumb to follow, I'm afraid. First I made a typo and noted down 2.9B post-tax profit and used that number. Caught the typo later, but forgot I had used it to calculate something else already.
Thanks for noticing, will correct in the online version ˆˆ'
A trilogy! O_O Great start already. Thanks!
Every good writer has to have a trilogy!
In all honesty, what happened is that the editor was starting to get slow (especially when I had Grammarly active) and I still had a lot to go, so decided to split for my comfort.
Square Enix is a bit too big to explain in detail in 5-6k words (for me). Their other segments are too interesting to leave aside, as I did with Sega Sammy back in the day
waiting to read the second part, thank you for your great work.
Thank you!
very interesting analysis, thanks - PJB
Thank you, Pascal!
Hope you like the next part as well!
yes, can't wait 🤓