Square Enix has announced that Takashi Kiryu, director of Square Enix Holdings, will replace Yosuke Matsuda as president of Square Enix Holdings in June 2023 pending the 34th shareholders meeting. The reason for the change is due to the “rapid change of business environment” and will help the company adapt to bring “deliver even greater entertainment to its customers around the world”.

Takashi Kiryu joined Square Enix in June 2020 and has seen a rapid rise in the corporate ladder. Matsuda-san will retire following the shareholders meeting. Matsuda-san was responsible for Square Enix’s investment in blockchain technology and NFTs, he was also responsible for the sale of the Western studios and several IPs including Tomb RaiderDeus ExThiefLegacy of Kain and more.

Here’s what Square Enix had to say:

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 on the creativity of the Company’s group in order to deliver even greater entertainment to its customers around the world.

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