Square-Enix’s new Annual Report says their plans for 2016 and beyond will mostly involve “revitalizing existing IPs.” Elaborating, they have vague plans to “take an IP developed for earlier generations of game consoles and recreate it for the latest consoles.” This also includes “smart devices” like phones.
While this strategy sounds familiar and nothing like actual news, Square seems to be implying they’re interested in reviving more of their older intellectual properties. This could be good news for those impatiently waiting for the company’s dormant properties, like the Mana and Chrono series, to be used again.
It doesn’t need pointing out — but I’m going to point it out anyway — that the first sign of this renewed emphasis on reviving IPs was the announcement of a Final Fantasy VII remake last June during E3. Square’s willingness to make another Star Ocean game (and not monkey with the anime visuals it claims to have “grown out of”) is another good sign.
They also mention “reliving past experiences with a freshness that only the latest in technology can provide,” stating that if virtual reality gets off the ground this time, they’ll be there. It’s worth noting that Square is still investing in new properties as well — well, at least one of them; Project Setsuna, which they hope can blossom into a series of its own.