NineNine--Months Period Months Period of the Fiscal Yearof ...Feb 16, 2009 · UnitUnit Sales of Game Software Sales of Game Software (April 1, 2008 through December 31, 2008) (Thousand

Results Briefing SessionResults Briefing SessionNineNine--Months Period Months Period of the Fiscal Yearof the Fiscal Year

Ending March 31, 2009Ending March 31, 2009Ending March 31, 2009Ending March 31, 2009

February 12 2009February 12 2009February 12, 2009February 12, 2009

1

Statements made in this document with respect to SQUARE ENIX HOLDINGS CO LTD and itsStatements made in this document with respect to SQUARE ENIX HOLDINGS CO., LTD. and its consolidated subsidiaries' (together, “SQUARE ENIX GROUP") plans, estimates, strategies and beliefs are forward-looking statements about the future performance of SQUARE ENIX GROUP.

These statements are based on management's assumptions and beliefs in light of information available to it at the time these material were drafted and, therefore, the reader should not place undue reliance on them. , , pAlso, the reader should not assume that statements made in this document will remain accurate or operative at a later time.

A number of factors could cause actual results to be materially different from and worse than those discussed in forward-looking statements. Such factors include, but not limited to:

1. changes in economic conditions affecting our operations; 2. fluctuations in currency exchange rates, particularly with respect to the value of the Japanese

yen, the U.S. dollar and the Euro;3. SQUARE ENIX GROUP’s ability to continue to win acceptance of our products and services, which are

ff d i hi hl titi k t h t i d b th ti i t d ti f d t doffered in highly competitive markets characterized by the continuous introduction of new products and services, rapid developments in technology, and subjective and changing consumer preferences;

4. SQUARE ENIX GROUP’s ability to expand international success with a focus on our businesses; and5 regulatory developments and changes and our ability to respond and adapt to those changes5. regulatory developments and changes and our ability to respond and adapt to those changes.

The forward-looking statements regarding earnings contained in these materials were valid at the time these materials were drafted. SQUARE ENIX GROUP assumes no obligation to update or revise any forward-looking statements, including forecasts or projections, whether as a result of new information, subsequent events or g p j qotherwise. The financial information presented in this document is prepared according to generally accepted accounting principles in Japan.

2

Results of the NineResults of the Nine--Months (Balance Sheet)Months (Balance Sheet)Results of the NineResults of the Nine Months (Balance Sheet)Months (Balance Sheet)

3

Results of the NineResults of the Nine--Months (Statements of Income)Months (Statements of Income)Results of the NineResults of the Nine Months (Statements of Income)Months (Statements of Income)

4

Results and Projections of Operating IncomeResults and Projections of Operating Incomeby Segmentby Segment7.5Previous Projections Billions of yen

5.55.5

Nine Months Results

Revised Projections+0.5 -4.15.0

4.6 4.8

3 2 3.4 3.4

+0.2+0.3

+0.4

3.0 2.5

3.0 2.6 2.7 2.5

3.22.8

-7.1

G (O li ) M bil Ph P bli ti Oth G (Offli )

7.1

-0.9

-1.6

Games (Online) Mobile Phone Content

Publication Others Games (Offline)

5

Amusement*The chart excludes Eliminations and Unallocated.

Recurring IncomeRecurring Incomegg

26

28Billions of yen

20

22

24

26

16

18

20

1010

12

14Revised

Projection

4

6

8

0

2

4

FY1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008E

6

990 99 99 993 99 995 996 99 998 999 000 00 00 003 00 005 006 00 008

* Figures before 2004 are the total figures of former ENIX and former SQUARE. Figures for former SQUARE from 1991 through 1993, and for former ENIX for 1991 and 1996 through 2001 are non-consolidated basis.

* FY: fiscal year ends March 31 in the following calendar year

Games (Offline)Games (Offline)

1 Improving Development Capability

( )( )

1. Improving Development Capability

Revitalize In-house Development Team

Work with Overseas Development StudiosF d t t i lli ith G P d G (U S )Formed strategic alliance with Gas Powered Games (U.S.) –developing of a real-time strategy game, SUPREME COMMANDER® 2

・・・

7

Games (Offline)Games (Offline)

2 Strengthening Publishing Function

( )( )

2. Strengthening Publishing Function

Publish Third-party TitlesEntered into an exclusive distribution agreement for Japanese Market withUbisoft, a major French developer/publisher

Publishing LostWinds (Frontier Developments, U.K.) for WiiWare in Japan

Publishing James Bond 007: Quantum of Solace (Activision Blizzard, U.S.)in Japan

・・・

8

Games (Online)Games (Online)

1 Develop post FFXI Flagship Title

( )( )

1. Develop post-FFXI Flagship Title

2 I P fit f FFXI Titl2. Increase Profits from non-FFXI Titles

C i i f S l f G (O li )(Reference)

－over 130 thousand subscribed users0.49

10

Composition of Sales for Games (Online) segment

4%14%

(Billions of yen)

－over 130 thousand subscribed users－1 million unique users per month－60 million page view per month－Subscribed users : 75% female and

25% male9.1

6 9

1.1

45678

Others

14%

25% male

As of January 31, 2009

6.9

0123

April through April through

OthersFFXI

9

April through December 2007

April through December 2008

PublicationPublicationRecord Sales Driven by Successful Media Mix Strategy

12 000

14,000

Millions of yen Kuroshitsuji

9 671

10,859

9 742

11,20811,158

12,000

10,000

12,000

9,671 9,742

6,000

8,000 列1Operating Income

Net Sales Soul Eater

©2008 Yana Toboso

3 603 3 626

2,800

2 000

4,000

3,180 3,411 2,866 3,603 3,626

0

2,000

2004.3 2005.3 2006.3 2007.3 2008.3 2009.3

10

E©Atsushi Ohkubo

OthersOthers

14,000 DRAGON QUESTMonster Battleroad II

Millions of yen

9 005

11,500

10,000

12,000 (Rental)

6,957

9,005

6,000

8,000 列1Operatin Income

Net Sales

3,4003,824

2,649

3,978

2 000

4,000

1,027 7822,007 1,311

3,324

0

2,000

2004.3 2005.3 2006.3 2007.3 2008.3 2009.3

©2008 ARMOR PROJECT/BIRD STUDIO/SQUARE ENIX All Rights Reserved.

11

E

Game Arcade OperationGame Arcade OperationYY C i f M thl R f E i ti O tl tC i f M thl R f E i ti O tl tYearYear--overover--year Comparison of Monthly Revenues from Existing Outletsyear Comparison of Monthly Revenues from Existing Outlets

120%

130%acquisition

100%

110%

90%

100%

70%

80%

2004/4 2005/4 2006/4 2007/4 2008/42004/4 2005/4 2006/4 2007/4 2008/4

TAITO Company ACompany B

Company ECompany F

12

Company BCompany CCompany D

Company FCompany G

Source: Square Enix

Recommended cash offerRecommended cash offerRecommended cash offer Recommended cash offer for Eidos plcfor Eidos plcpp


13

Eid l ’ iEid l ’ iEidos plc’s overviewEidos plc’s overview

Company overview Major developing franchises

• Name： Eidos plc

• Location： Wimbledon Bridge House 1 HartfieldRoad London SW19 3RU

• Business overview：Eidos plc is engaged in the development, Tomb Raider1 Hitman2 Kane & Lynch4Deus Ex3

Talented development studios

IO Interactive（Denmark） Eidos Studios, Sweden

（ d ）

p g g p ,publishing and distribution of interactive entertainment software

• Accounting term： June 30th

i i l l ( lid d)

Eidos Montreal（Canada）

Crystal Dynamics（US）Eidos, Eidos Interactive,Pi t l G R k l G

Eidos Hungary（Hungary）

（Sweden）

Bluefish Media（Germany） Eidos Creative

Software（Shanghai）

• Financial results (consolidated)– Revenue: £119 million (for the year ended 30 June 2008)– Loss before tax:£136 million (for the year ended 30 June 2008)– Net assets： £120 million (as at 30 June 2008)

Pivotal Games, Rockpool Group,Rocksteady Studios（UK）

14

1. Lara Croft Tomb Raider: Underworld © Eidos Interactive Limited 2008 2. © 2005 IO Interactive A/S. Developed by IO Interactive3. Deus Ex: Invisible War. (C) 2003 Eidos Inc. Developed by Ion Storm 4. © 2007 Eidos Interactive Ltd. Kane & Lynch: Dead MenTM Eidos Interactive Ltd

The Offer summaryThe Offer summaryThe Offer summaryThe Offer summary

Offer represents Process of the scheme of arrangement (“the Scheme”)

Conditions for the Scheme to become effectiveOffer price: 32 pence per share Conditions for the Scheme to become effective− The Scheme must be approved by a majority in number of

the holders of Eidos Shares present and voting, either in person or by proxy, representing at least 75 per cent. in value of the Eidos Shares held by such Eidos Shareholders

Offer price: 32 pence per shareOffer values the entire existingissued share capital: £84.3 million

Schedule of the Scheme− Early Mar., 2009 Scheme Document containing further

details of the Scheme will be posted1

− Mar. 2009 Court Meeting and Extraordinary General Meeting will be held

Price per share Premium(Pence) (%)

Closing mid-market priceGeneral Meeting will be held

− Apr. 2009 The Scheme will become effective

1 The Scheme will be subject, inter alia, to the satisfaction or waiver of the Conditions set out in this announcement and the Scheme Document.

on 14 January 2009 9 258Closing mid-market priceon 11 February 2009 14 129Average closing mid-market priceover the one month to 11 February 2009 13 150

Using existing internal cash resources

Financing

over the one month to 11 February 2009 13 150Average closing mid-market priceover the three month to 11 February 2009 17 91

15

Major developing franchisesMajor developing franchisesMajor developing franchisesMajor developing franchises

Tomb Raider1 Hitman2

Iterations

• Tomb Raider(1996), II (1997), III(1998) The Last Revelation

Iterations

• Hitman: Codename 47(2000)III(1998), The Last Revelation (1999), Chronicles (2000), The Angel of Darkness(2003), Legend(2006), Anniversary(2007), Underworld(2008)

9 titles in total

• Hitman2: Silent Assassin (2002)

• Hitman: Contracts (2004)

• Hitman: Blood Money (2006)

4 titles in total

Deus Ex3 Kane & Lynch4

9 titles in total

Accumulated total units sold

• approx. 30 million


• approx. 8.3 million

Iterations

• Deus Ex (2000)

• Deux Eｘ: Invisible War (2003)

2 titles in total

Iterations

• Kane & Lynch: Dead Men(2007)

1 title in total2 titles in total





16

1. Lara Croft Tomb Raider: Underworld © Eidos Interactive Limited 2008 2. © 2005 IO Interactive A/S. Developed by IO Interactive3. Deus Ex: Invisible War. (C) 2003 Eidos Inc. Developed by Ion Storm 4. © 2007 Eidos Interactive Ltd. Kane & Lynch: Dead MenTM Eidos Interactive Ltd




17

R fR fReferenceReference


18

UnitUnit Sales of Game SoftwareSales of Game Software(April 1, 2008 through December 31, 2008)(April 1, 2008 through December 31, 2008)

(Thousand units)

490

780

1,190

220Chrono Trigger: DS

DISSIDIA FINAL FANTASY: PSP

DRAGON QUEST V: DS

710

1,190

780

10

160

20

290

190

200

180

140

480

FINAL FANTASY IV DS

LAST REMNANT: Xbox360

CRISIS CORE -FINAL FANTASY VII-: PSP

gg

Japan 4,180 (6,900)

(Apr. to Dec. 2008)700

710

480

490

120

10

220

200

290

120

100

180

20

FINAL FANTASY TACTICS A2: DS

Infinite Undiscovery: Xbox360

FINAL FANTASY IV: DSNorth America

Europe

Asia and others

2,710

1,630

20

(2,740)

(1,960)

(60)

440

480

340

1,210

160

40 110 150

Others (Japan)

VALKYRIE PROFILE: Covenant of the Plume: DS

DRAGON QUEST IV: DSAsia and others 20

8,540

(60)

(11,660)300

1,210

160

1,280

460Others (Europe)

Others (North America)

,

1,280

460

19

0 500 1000 1500

ReferenceReference(Thousand units)

(from launch to December 31, 2008)(from launch to December 31, 2008)

610

820

290

660

180

480

FINAL FANTASY IV DS

CRISIS CORE -FINAL FANTASY VII-: PSP 1,960

1 080

310

610

220

290

120

180

FINAL FANTASY TACTICS A2: DS

FINAL FANTASY IV: DS

Japan

North America

1,080

6501,190 110 150DRAGON QUEST IV: DS Europe

Asia and others

1,450

20

0 500 1000 1500 2000 2500

Consolidated Projections Consolidated Projections –– SegmentSegment(Fi l Y di M h 31 2009)(Fi l Y di M h 31 2009)(Fiscal Year ending March 31, 2009)(Fiscal Year ending March 31, 2009)

21




22

Documents

NineNine--Months Period Months Period of the Fiscal Yearof ...Feb 16, 2009 · UnitUnit Sales of Game Software Sales of Game Software (April 1, 2008 through December 31, 2008) (Thousand