NA Press Releases

LOS ANGELES and BEDMINSTER, NJ (March 14, 2005) — Square Enix, a leader in interactive entertainment products and Verizon Wireless, the nation's leader wireless service provider, today announced the availability of two new Square Enix titles for Verizon Wireless' new V CAST service - FINAL FANTASY® VII Snowboarding and MUSASHI® MOBILE SAMURAI. MUSASHI MOBILE SAMURAI will be available beginning March 15, 2005. V CAST from Verizon Wireless is the nation's first third-generation (3G) wireless broadband multimedia service for consumers allowing them to view high-quality 3D games and video clips because it runs on the Verizon Wireless broadband EV-DO (Evolution-Data Optimized) 3G network, delivering the fastest, most widely-available fully-mobile wireless data experience in the nation today.

FINAL FANTASY VII Snowboarding brings the thrilling action of the console version to the palms of customers' hands. In the original, gamers could play a snowboarding mini game at an amusement park called the Gold Saucer. FINAL FANTASY VII Snowboarding is a complete port of this mini game, bringing 3D snowboarding action to your wireless phone.

MUSASHI MOBILE SAMURAI is based on an upcoming console title, MUSASHI®: Samurai Legend™. The wireless game is an original 3D action game that offers spectacular graphics, rich sound effects and fast-paced action that are optimized for the wireless phone experience.

"We are confident that fans will be blown away by the cutting-edge graphics and action-packed game play offered in these two titles," said Ichiro Otobe, president and chief operating officer of Square Enix, Inc. "We feel that combining interactive content in the renowned Square Enix style with Verizon Wireless' advanced network technology allows us to bring gamers on the go the most exciting experience possible."

"The availability of Final Fantasy VII Snowboarding and Musashi Mobile Samurai on V CAST is an exciting development for our customers," said Paul Palmieri, executive director of business development for Verizon Wireless. "These two titles from Square Enix help us bring the thrill of console games to wireless phones."

Gamers can access V CAST for $15.00 monthly access in addition to their regular Verizon Wireless calling plan. With V CAST, customers not only have access to some of the hottest game titles on their phones which they can access for an additional fee, but also get unlimited access to a wide array of more than 300 regularly updated daily video clips from leading content providers. There are no airtime charges to download, stream or watch V CAST content. Unlimited basic video clip content is included, but application download fees still apply for 3D games, premium video clip content, and all other Get It Now® applications. Verizon Wireless V CAST customers also receive unlimited browsing of Verizon Wireless' Mobile Web 2.0SM news and information service. In addition, customers can choose from premium content, available for an additional cost, which includes 3D games, music videos and other premium content. FINAL FANTASY® VII Snowboarding and MUSASHI® MOBILE SAMURAI are each available for $2.99 monthly access or $9.99 for unlimited use purchase on the LG VX8000.

V CAST's array of hot new multimedia programming is located in the Get It Now® virtual store - customers can check out new cutting-edge 3D games in the getGAMES aisle and access video from favorite news, sports and entertainment providers in the getFLIX shopping aisle. V CAST also gives customers unlimited access to browse for applications in the other familiar Get It Now shopping aisles - such as getTONES and getGOING.

V CAST customers can download FINAL FANTASY VII Snowboarding and MUSASHI MOBILE SAMURAI on the new 3G-capable LG VX8000 phone - the pinnacle of visual entertainment. With the LG VX8000, V CAST customers can download content with just a few clicks and experience clarity and sharpness never before seen on mobile phones in the United States. The LG VX8000 is available to Verizon Wireless customers for $199.99 after $70 rebate with a two-year customer agreement.

For more information on Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to www.verizonwireless.com.

About Verizon Wireless

Verizon Wireless owns and operates the nation's most reliable wireless network, serving 43.8 million voice and data customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.

About Square Enix Co., Ltd. and Square Enix, Inc.

Headquartered in Tokyo, Japan, Square Enix Co., Ltd. (Square Enix) develops, publishes and distributes entertainment content including interactive entertainment software and publications in Japan, North America, Europe and Asia. Square Enix brings two of Japan's best-selling franchises - FINAL FANTASY®, which has sold over 60 million units worldwide, and DRAGON QUEST™, which has sold over 35 million units worldwide - under one roof. Square Enix is one of the most influential providers of digital entertainment content in the world and continues to push the boundaries of creativity and innovation.

Square Enix, Inc is a wholly-owned subsidiary of Square Enix Co., Ltd. with offices in Los Angeles, CA and Seattle, WA. It handles operations in North America, including development, localization, marketing, and publishing of Square Enix titles. More information on Square Enix can be found on the Internet at www.square-enix.com.

LOS ANGELES, California (March 15, 2005) — Square Enix, Inc., the publisher of Square Enix™ interactive entertainment products in North America, announced today that MUSASHI®: Samurai Legend™ (MUSASHI) is now available at nationwide retailers. The action role-playing game is available exclusively for the PlayStation®2 computer entertainment system and marks the series' debut on the platform. MUSASHI features vivid, cell-shaded graphics and exhilarating, fast-paced, action-packed gameplay.

MUSASHI delivers an expressive visual odyssey thanks to dazzling "manga shading" techniques. Adorable characters and lush environments come to life in a combination of Japanese animation and American comic-book styles. The journey begins when Princess Mycella summons Musashi across space and time to save her people from danger. As a stranger in a new world, Musashi finds intrigue and adventure as he hones his battle skills to defeat a sinister nemesis.

All-new battle systems contribute to non-stop action. Musashi can focus his energy to learn his opponents' techniques, allowing him to give enemies a taste of their own medicine. And this time Musashi can not only pick up allies and enemies but also wield them in combat to devastating effect.

MUSASHI has received accolades from the enthusiast press:

"Although it is heavy on the action, Musashi doesn't skimp on the story. The game is packed with numerous characters and plenty of little plot twists to keep things moving along. You always have the freedom to go adventure a bit, but never are you forced to spend mundane time leveling up."
~ GamePro (April 2005)

"The best adventure games never stop evolving, provide ancillary hours of gameplay in and around the beaten path, and look fantastic doing it, and in that respect, Musashi excels."
~ Play (March 2005)

"Square has implemented a character advancement and item system that rivals most full-blown RPGs..The deep and exacting combat is really at the core of what makes this a great game - especially in the gorgeous boss battles."
~ Game Informer (March 2005)

Marketing and Advertising Support

Promotional support includes a broad print campaign across enthusiast gaming and anime publications in February through April 2005. The online advertising campaign on various gaming and anime sites is expected to reach millions of gamers and anime fans through March.

The MUSASHI®: Samurai Legend™ Official Strategy Guide from BradyGames arms players with this essential resource featuring a comprehensive walkthrough, a bestiary and game-tested boss tactics, and detailed maps guiding players through every area in the game. Coverage of Musashi's attack abilities and skills is also provided, along with exhaustive item and equipment lists. The strategy guide is available at electronics, book and software retailers or online at www.bradygames.com for $14.99 US/$19.99 CAN.

MUSASHI®: Samurai Legend™ has a suggested retail price of U.S. $39.99 and is rated "T" (Teen).

About Square Enix Co., Ltd. and Square Enix, Inc.

Headquartered in Tokyo, Japan, Square Enix Co., Ltd. (Square Enix) develops, publishes and distributes entertainment content including interactive entertainment software and publications in Japan, North America, Europe and Asia. Square Enix brings two of Japan's best-selling franchises - FINAL FANTASY®, which has sold over 60 million units worldwide, and DRAGON QUEST™ which has sold over 35 million units worldwide - under one roof. Square Enix is one of the most influential providers of digital entertainment content in the world and continues to push the boundaries of creativity and innovation.

Square Enix, Inc is a wholly-owned subsidiary of Square Enix Co., Ltd. with offices in Los Angeles, CA and Seattle, WA. It handles operations in North America, including development, localization, marketing, and publishing of Square Enix titles. More information on Square Enix can be found on the Internet at www.square-enix.com.

Yoichi Wada President and Representative Director (Code: 9684, Tokyo Stock Exchange, First Section)

SQUARE ENIX CO., LTD. (the "Company") has announced today a revision to the projected year-end dividend for the fiscal year ending March 31, 2005 as shown below, following a meeting of the Board of Directors held today. Final approval for this increase will take place at a meeting of the Board of Directors to be held in May 2005 following completion of the statutory audit of the financial statements of the fiscal year.

1. Reasons for the Increase

Since the merger on April 1, 2003, the Company's basic policy of distribution of profit has been to provide continuous and stable returns to our shareholders. The Board of Directors, however, has decided to pay a commemorative dividend for our 25th fiscal year (JPY 30) in addition to the ordinary dividend, in view of our recent financial condition, and in appreciation of our shareholders' ongoing support. Dividend per share for the fiscal year ending March 31, 2005 will be doubled from that of the previous fiscal year, and of the previously projected dividend (interim dividend: JPY 10, year-end dividend: JPY 20, respectively) to JPY 60 (interim dividend: JPY 10, year-end dividend: JPY 50 including the commemorative dividend of JPY 30).

2. Revision of Projected Dividend Per Share

Previous projection (as of November 18, 2004)

	Interim	Year-end	Annual
Ordinary dividend	JPY 10	JPY 20	JPY 30

Raised projection

	Interim	Year-end	Annual
Ordinary dividend	JPY 10	JPY 20	JPY 30
Commemorative dividend	-	JPY 30	JPY 30
Total	JPY 10	JPY 50	JPY 60

Increase in dividend per share

Interim	Year-end	Annual
-	JPY 30	JPY 30

Dividend for the fiscal year ended March 31, 2004

Interim	Year-end	Annual
JPY 10	JPY 20	JPY 30

LOS ANGELES, California (March 18, 2005) — Square Enix Inc. announced today that a new concert for the popular FINAL FANTASY® video game franchise will be performed in Los Angeles at Universal Amphitheatre. The concert will be conducted by Grammy award winner Arnie Roth and performed by the World Festival Symphony Orchestra and the CSUF University Singers, with special appearances by The Black Mages and additional guest performers who will be announced at a later date. Cherished scenes from the video games will be intertwined with live orchestral, rock, and pop performances in "More Friends-Music from FINAL FANTASY-With Special Guests."

"I couldn't be more pleased with the popularity of the FINAL FANTASY music in America, and I can't wait for the fans' reaction to this new show," said series composer Nobuo Uematsu. "I am especially delighted that my wish to perform in America with my band, The Black Mages, has come true."

"In appreciation of the great success of the 'Dear Friends' concerts, I'm thrilled to bring another performance to America during E3," said Ichiro Otobe, president and COO of Square Enix, Inc. "''More Friends' will add further depth and variety to the FINAL FANTASY music experience."

"More Friends" will be presented just one year after the first stateside performance of composer Nobuo Uematsu's award-winning music in "Dear Friends-Music from FINAL FANTASY." The positive reaction to the show set off a nationwide tour of "Dear Friends," and now fans can expect a new and memorable performance with "More Friends." The addition of special guest performers including Uematsu's own band, The Black Mages, will offer a brand-new experience to the "More Friends" audience.

The Black Mages made their debut in February 2003 with a self-titled album comprised of FINAL FANTASY battle music arranged in a rock style. Uematsu leads the band, performing as organist. Joining Uematsu are Tsuyoshi Sekito (guitar), Michio Okamiya (guitar), Kenichiro Fukui (keyboards), Keiji Kawamori (bass), and Arata Hanyuda (drums). More information about The Black Mages can be found at www.square-enix.com/uematsu/black_mages/index.html.

The program is produced by Uematsu and brings back conductor Arnie Roth from the "Dear Friends" concerts in Chicago and San Francisco. The concert is presented by Jason Michael Paul Productions. Tickets will be on sale on March 21, 2005 at all Ticketmaster outlets, at Universal Amphitheatre Main & Citywalk Box offices, charged by phone at 213.252.8497, or on the Internet at www.ticketmaster.com/venue/73787.

For more information on FINAL FANTASY music, please visit www.square-enix.com/uematsu/concert/index.html.

About FINAL FANTASY

FINAL FANTASY is one of the best-selling video game franchises in the world, with more than 60 million units sold worldwide. The first FINAL FANTASY was released in 1987 in Japan and 1990 in North America. Spanning multiple platforms, the long-running series has introduced the world of cinematic role-playing games (RPGs) to millions of gamers around the globe. Melding superior graphics and advanced gameplay with a rich storyline and moving soundtrack, FINAL FANTASY's worldwide fan base continues to grow.

About Nobuo Uematsu/Smile Please co., Ltd.

An accomplished composer and musician, Nobuo Uematsu has been responsible for the sweeping, epic scores in the FINAL FANTASY series. Well known for its ability to stir emotion in players, his music has changed gamers' perceptions and the standards of video game music forever. The music has led to a successful line of soundtracks and solo projects for Uematsu and has been brought to new life in live orchestral concerts since 2002. The music from the game series has grown to such popularity that veteran composer Uematsu was named as one of the "Innovators" in Time Magazine's "Time 100: The Next Wave-Music" feature. In October 2004, Uematsu formed Smile Please Co., Ltd. and continues to compose for Square Enix along with several other clients. For more information please visit www.square-enix-usa.com/uematsu/profile/.

About the World Festival Symphony Orchestra

The World Festival Symphony Orchestra has performed tours and recordings with many of today's top talents including Luciano Pavarotti, The Three Tenors, Andrea Bocelli, The Irish Tenors, Diana Ross, Rod Stewart, Linda Ronstadt, and Charlotte Church.

About the CSUF University Singers

The 55-voice CFU Fullerton University Singers are under the direction of John Alexander. The CSUF chorus has performed with the Hollywood Bowl Orchestra, the Pacific Symphony Orchestra, the Los Angeles Philharmonic, and are joining the Boston Pops on their Holiday Pops concert tour for the fifth year running. Internationally acclaimed for their exquisite musicianship, they have been invited to perform at conferences and conventions throughout the world.

About Arnie Roth

Arnie Roth is a Grammy-winning artist known for his work with performers including Diana Ross, Charlotte Church, Peter Cetera, Art Garfunkel, and Dennis DeYoung. Roth has conducted the London Symphony Orchestra, the National Symphony, the Atlanta Symphony, the Hollywood Bowl Philharmonic, the Dallas Symphony, the Houston Symphony, the BBC Symphony, and the Ravinia Festival Orchestra. In addition, Roth has produced dozens of best-selling CDs.

About HOB ENTERTAINMENT, INC.

HOB Entertainment, Inc., a Los Angeles-based global entertainment company, is the definitive live music brand. Founded in 1992, this dynamic company with soul, spirit, and vision is comprised of several unique businesses, including House of Blues Clubs, which operates 1,000 - 2,000 capacity venues located in New Orleans, Los Angeles, Chicago, Myrtle Beach, Orlando, Las Vegas, Anaheim, and Cleveland. House of Blues Concerts, Inc. owns, operates, or exclusively books 20 arena and amphitheatre venues throughout North America, including Los Angeles, San Diego, Denver, Dallas, Austin, Seattle (The Gorge), Atlanta, Cleveland, Toronto, and Vancouver. House of Blues - IT IS LIVE! ™ www.hob.com.

About Square Enix Co., Ltd. and Square Enix, Inc.

Headquartered in Tokyo, Japan, Square Enix Co., Ltd. (Square Enix) develops, publishes and distributes entertainment content including interactive entertainment software and publications in Japan, North America, Europe and Asia. Square Enix brings two of Japan's best-selling franchises - FINAL FANTASY®, which has sold over 60 million units worldwide, and DRAGON QUEST™, which has sold over 35 million units worldwide - under one roof. Square Enix is one of the most influential providers of digital entertainment content in the world and continues to push the boundaries of creativity and innovation.

Square Enix, Inc is a wholly-owned subsidiary of Square Enix Co., Ltd. with offices in Los Angeles, CA and Seattle, WA. It handles operations in North America, including development, localization, marketing, and publishing of Square Enix titles. More information on Square Enix can be found on the Internet at www.square-enix.com.