Square Enix held a shareholders meeting two days ago which discussed the financial status of the company during fiscal year 2008.
Game Watch have posted an article that gives us more in-depth details on what was said:
- Wada says Dragon Quest IX is coming this fiscal year, but the game still doesn't have a release date. He also said the DS is a great choice for the game, and thinks it may sell up to 10 million copies.
- Wada says that due to 3 billion yen in losses, the company has cancelled a "revolutionary mobile development". The project is rumored to be Final Fantasy Agito XIII or Parasite Eve 3.
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