Square Enix President Yoichi Wada resigns

Following poor financial report, Square Enix boss man Yoichi Wada has stepped down.

The financial report is expected to reveal "extraordinary" loss;
“Square-Enix Holding Co Ltd. (the “Company”) expects that the Company’s representative directors will change. Such change is subject to a resolution by its 33rd annual
general meeting of shareholders to be held in late June, 2013, and a resolution by its board of
directors meeting to be held after the said meeting of shareholders.”
You can view the full financial report here.

It is expected that Square Enix representative director Yosuke Matsuda will be taking over for Wada.

We'll keep you updated.