An investor in Square Enix has urged the company to implement "specific countermeasures to tackle pressing management challenges"

3D Investment Partners, ranking as the third-largest shareholder of Square Enix, has expressed concerns about what it perceives as a "significant deterioration in earning power" at the company. The investor has urged for definite corrective actions to tackle essential management problems.

In a statement, the firm, which owns 14% of Square Enix, commented on the recent management, citing stagnation in revenue and profitability over the past three years. This decline is apparent in the reduced operating income, return on equity, and other key metrics.

The investors emphasized the need for a reevaluation of the company's medium-term plans to tap the full potential of its intellectual properties, aiming to enhance corporate value. A detailed document was presented, pointing to falling performance and comparisons with other Japanese industry leaders like Nintendo and Capcom. The appeal was also made for other stakeholders to voice opinions about the management situation at Square Enix.

3D Investment Partners noted ongoing communications with Square Enix beginning in July 2024. By October 2025, they had discussions with President Kiryu and Outside Director Abdullah, focusing on the company's issues. Although they presented solutions, they received only a brief email in response, lacking in detail or acknowledgment of their concerns.

The investment group has encouraged fellow shareholders to candidly discuss these management issues. Recently, Square Enix announced it would undergo a "fundamental restructuring," affecting its team by reallocating resources from international development studios, with over 100 jobs at risk.