Yosuke Matsuda

Square Enix President Yosuke Matsuda Officially Set To Step Down From Role In June

The company's current director, Takashi Kiryu set to take over the position

To end the week Sqaure Enix has a bit more news as the Japanese publisher has announced a corporate restructuring at the very top as  Sqaure Enix’s current president and representative director, Yosuke Matsuda, 59, will be stepping down from his position. In Matsuda’s place Square Enx director, Takashi Kiryu, 48  – the change in leadership at the company is set to be finalized this June pending approval at the company’s annual shareholders meeting.

Kiryu first joined Square Enix back in June 2020 as the company’s the General Manager of its corporate planning division. Since his debut at Square Enix, Kiryu has climbed the corporate ladder in multiple positions over the years which all led to him finding his way to the throne of Square Enix in exactly three years if all goes according to plan. The specific reason for the leadership change at the company was not given but a statement almost reiterates the company’s eagerness to get into the blockchain game market.

“Under the rapid change of business environment surrounding the entertainment industry, the proposed change is intended to reshape the management team with the goal of adopting ever-evolving technological innovations and maximizing the creativity of [Square Enix]’s group in order to deliver even greater entertainment to its customers around the world,” Square Enix wrote in a statement.

This isn’t exactly new as Matsuda kicked off that conversation for the company after selling their western internal studios to Embracer Group in May, as for the upcoming president at Square Enix that sentiment probably won’t change according to Eurogamer seeing how Kiryu “previously worked for a technology company devoted to researching emerging trends such as blockchain and web3.

Earlier this week, Square Enix also announced that it would be absorbing its Final Fantasy XV and Forspoken developer, Luminous Productions into its internal development team.