The year 2024 has been a rollercoaster for the video game industry, with Japanese developer Tose experiencing financial losses due to project cancellations. Tose, known for their work on Nintendo projects since the Famicom era and collaborations with Square Enix, reported a nine-month loss of ¥367 million in their recent earnings report. This was attributed to clients pulling out of projects due to “policy changes” and other factors.
Tose, often dubbed a “ghost developer” for their behind-the-scenes work, is now aiming to recover with ongoing game developments. Despite facing setbacks, the company has an impressive portfolio including titles like Paper Mario, Crisis Core, The Legendary Starfy series, and collaborations on games like Splatoon 2 and Final Fantasy Pixel Remaster.
Stay tuned for updates on Tose’s journey as they navigate the changing landscape of the video game industry. And remember, if we hear any significant developments, you’ll be the first to know.
