Japanese publisher Square Enix reported a heavy loss of 13.7 billion yen (approximately £87.7 million) for the fiscal year ending March 31. For comparison Square Enix recorded a profit of 6 billion yen (£38.4 million) last year. Longtime Square Enix CEO Yoichi Wada recently left the company, and that was likely due to these less than flattering results.
"The group's operating income decreased significantly, primarily due to underperformance of major titles for consumer game consoles in North America and Europe."
Surely this means that expectations on Hitman: Absolution and Tomb Raider (the two major releases for the period) were set a bit high. Sleeping Dogs may not have been a juggernaut at retail, but it is doubtful expectations were as high on that game.
Square Enix have yet to reveal their full line up for fiscal 2013, but it includes Lightning Returns: Final Fantasy XIII and Murdered: Soul Suspect as well possibly Thief from Eidos Montreal (tentatively dated for 2014).