Company Name : Square, Inc.
Representative Name : CEO/President Yoichi Wada
Inquiries to be made to : CEO Office, Publicity/IR Chief
Kazuyoshi Murakawa
In some of the coverage by the media today, there have been reports that "Our company will return to providing games for Nintendo Co. Ltd." and "One of our company\'s producer will establish a company". While we are currently in the stage of preparing for publicity, we will release some supplementary explanation.
Our company is currently in preparation to release game software for Nintendo Co. Ltd\'s "Game Boy Advance" through a game planning & development company (Corporate name: Game Designers Studio Inc.(tentative), Capital: 10 million yen, Capital composition: Akiyoshi Kawazu 51%, Square 49%, Company Representative: Akiyoshi Kawazu(concurrently to post as Square Executive).
In addition, our game planning & development company is going through adjustment to receive an investment fund in its development of a new type of game. The investment fund "Fund Q", was established by Hiroshi Yamauchi\'s private fortune (Nintendo Co. Ltd President) to support venture businesses.
These issues will not influence our business productivity for the present term. We are currently planning our business management for the next term and onwards such as "Final Fantasy XI" and "Final Fantasy XII", with Sony Computer Entertainment\'s PlayStation 2 as our main platform\'
Translated From
http://ir.square.co.jp/