Square Enix plans to replace current president Yosuke Matsuda later this year, pending approval.
published today, Square Enix Holdings said it intended to replace Matsuda with relative Square Enix newcomer Takashi Kiryu, pending shareholder approval.
Matsuda took over from previous Square Enix president Yoichi Wada in 2013, and in recent years has spoken about the company’s need to focus on blockchain games. “Under the rapid change of business environment surrounding the entertainment industry, the proposed change is intended to reshape the management team with the goal of adopting ever-evolving technological innovations and maximizing on the creativity of the company’s group in order to deliver even greater entertainment to its customers around the world,” it stated.
Matsuda argued that lessons learned and likely regulation to come could benefit the growth of the blockchain field and its plans to develop games based on the technology.
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