Paper Mario
Image: Square Enix

2024 has been a tough year for the video game industry, and it seems that Japanese developer Tose (the team that has worked on countless Nintendo projects since the Famicom era and also helped Square Enix over the years) has suffered some financial losses due to multiple projects . cancelled.

The joint development studio behind the Switch versions of Paper Mario and Crisis Core has reported a nine-month loss. ¥367 million (about $2.28 million) in its Q3 earnings report (which runs from September 1, 2023 to May 31, 2024) due to customers canceling projects due to “policy changes” and “other factors.”

Tose is not only “one of the largest outsourced game companies in Japan”, but also has the label “dream developer” – because it is not always considered in projects. But that has changed over the years official site at least list the projects he helped with (of the Game Boy generation).

Although certain projects have been lost and cannot be recovered, the goal is to recover with the continuous launch of games that are still in active development. The news comes after Square Enix canceled several unannounced projects May 2024. Tose also developed The Legendary Starfy series and assisted on other games such as Dragon Quest Monsters: The Dark Prince, WarioWare: Move It!, Splatoon 2, and Final Fantasy Pixel Remaster.