Yosuke Matsuda, president of Square Enix, resigned or related to his NFT business commitment

It is reported that Square Enix, the developer of “Final Fantasy” and the Japanese game giant, announced a major restructuring. President Yosuke Matsuda will resign and is likely to completely withdraw from the company. Takashi Kiryu, who once served as the general manager of Square Enix in China, will be appointed as a new president, subject to the approval of the shareholders’ meeting. The reason for Matsuda’s resignation is unknown, but it is said that it may be related to his commitment to the NFT business. Previously, he said in Square Enix’s annual letter that he would adhere to the blockchain investment strategy and disclosed that he was developing several blockchain games based on original IP.

Interpretation of this information:

The recent restructuring announcement by Square Enix, the Japanese game development giant, has generated much interest and speculation among industry observers. According to reports, Yosuke Matsuda, the current president, will be resigning and possibly leaving the company altogether. This development comes as a surprise to many, as Matsuda has been at the helm since 2013 and is credited with steering the company through some challenging times.

The reason for Matsuda’s resignation is unknown, but there are rumors that it may be related to his interest in the NFT, or Non-Fungible Token, business. Matsuda had previously committed to a blockchain investment strategy in Square Enix’s annual letter and had disclosed that he was working on several blockchain games based on original IP. His departure could indicate a shift in the company’s direction or a change in its priorities.

Replacing Matsuda as the new president of Square Enix will be Takashi Kiryu, who previously served as general manager of Square Enix in China. Kiryu’s appointment is subject to the approval of the shareholders’ meeting, but he is seen by many as a safe choice. He is well-regarded within the company and is known for his managerial skills and strategic thinking.

The impact of this restructuring on Square Enix’s various franchises, especially the popular Final Fantasy series, remains to be seen. Fans of the company may worry that the change in leadership could affect the quality or direction of future releases. However, it is also possible that this restructuring may lead to new opportunities and fresh perspectives for Square Enix moving forward.

The move towards blockchain technology and NFTs has been gaining momentum in recent years, and it is clear that Matsuda saw the potential in this area. If his resignation is indeed related to his interest in NFTs, then it may indicate that Square Enix is serious about exploring this new frontier. It is conceivable that we may see more blockchain-based games from the company in the future, and it will be interesting to see how they approach this emerging market.

In conclusion, Square Enix’s restructuring is a significant development in the gaming world. The departure of Yosuke Matsuda and the appointment of Takashi Kiryu reflect a changing landscape in the industry, where blockchain technology and NFTs are becoming increasingly important. What this means for Square Enix’s future remains to be seen, but it is clear that the company is willing to adapt and explore new opportunities.