August 26, 2009 / 3:04 AM / 10 years ago

Square Enix: PS3 cut positive, not enough for revision

TOKYO, Aug 26 (Reuters) - Square Enix Holdings Co (9684.T) said Sony Corp’s (6758.T) introduction of a cheaper PlayStation 3 would be positive for sales of its video games but not enough to warrant a revision to its earnings forecasts this business year.

Last week Sony said it will roll out a slimmer, cheaper version of the PS3 in the first week of September at $299 in the United States, 299 euros in Europe and 29,980 yen in Japan, a quarter of the previous price. [ID:nLI152101]

Square Enix President Yoichi Wada told a gathering of reporters on Wednesday the PS3 cut would be “extremely positive” but not have enough of an impact to warrant an upward revision to the game maker’s sales and profit forecasts.

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