Square Enix Saves A Ton On Its Taxes

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Square Enix has announced that it expects to save 5.2 billion yen in total income taxes on its consolidated and non-consolidated statements of income for the fiscal year ending March 31, 2016. In layman’s terms, the company is going to save a lot on its taxes. The actual figures will be announced when Square Enix publishes its income reports, but for those of you outside of Japan 5.2 billion yen amounts to roughly $47 million dollars USD.

Normally this kind of news wouldn’t make it onto MMO Fallout, but normally tax savings aren’t worthy of a press release and Square Enix thinks otherwise. For those of you just remembering your taxes, the deadline to file was yesterday.

(Source: Square Enix Press Release)

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