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Old 03-26-2013, 05:44 PM   #6976
Emperor Smeat
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Daily Gaming News:
1) The president of Square-Enix, Yoichi Wada, announces he will be resigning from the company after it is expected the company will post a loss of around $138 million for this fiscal year. The biggest source for the loss was their recent restructuring plans which cost them around $106 million.
http://www.screwattack.com/news/squa...ada-steps-down
http://www.egmnow.com/articles/news/...ada-to-resign/

2) Also revealed by Square-Enix was the news of the Tomb Raider reboot, Hitman Absolution, and Sleeping Dogs all failed to meet their sales expectations and prevent a financial loss from being posted for this fiscal year. Square-Enix blamed the North American market for the slow sales compared to other regions.
http://www.destructoid.com/tomb-raid...x-249692.phtml

3) Tecmo Koei announces they have split up Team Ninja into two smaller development groups although no official reason was given for the split.
http://www.egmnow.com/articles/news/...te-dev-groups/
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