SQUARE ENIX HOLDINGS CO., LTD. Reports Financial Results for the Six-Month Period Ended September 30, 2010

TOKYO, November 4, 2010 - SQUARE ENIX HOLDINGS CO., LTD. (the "Company") today announced
consolidated results for the six-month period ended September 30, 2010. The
Company is listed on the Tokyo Stock Exchange, First Section with the stock
code "9684" and prepares its financial statements according to Japan GAAP.

    (Logo: photos.prnewswire.com/prnh/20030403/SQUARELOGO)
    (Logo: www.newscom.com/cgi-bin/prnh/20030403/SQUARELOGO)

    Key Figures                              (millions of yen, except
                                         percentages and per share data)

    6 month actual   6 mos. ended 9/10   6 mos. ended 9/09  YoY change
    Net sales             68,056            90,561             -25%
    Operating income       5,712            13,091             -56%
    Recurring income       3,520            12,181             -71%
    Net income             1,723             2,683             -36%
    EPS, basic           14.98 yen         23.32 yen           -36%

                         Forecast           Actual
    Full year         FY ending 3/11     FY ended 3/10      YoY change
    Net sales             160,000           192,257            -17%
    Operating income      20,000            28,235             -29%
    Recurring income      20,000            27,822             -28%
    Net income            12,000             9,509             +26%
    EPS, basic          104.28 yen         82.65 yen           +26%

For additional information, please refer to the full-length
Consolidated Financial Results document here:
www.square-enix.com/11q2earnings.pdf, or the Company's IR website:
www.square-enix.com/eng/ir

Management comments from Yoichi Wada, President and
Representative Director:

"Under a challenging operating environment, which contributed to
relatively slower growth of new game title releases, net sales were below our
forecasts for the six-month period ended September 30, 2010. Operating income
outperformed our forecasts due to contribution from highly profitable
carryover sales of major titles released in March of the previous fiscal year
and strong performance from the Publication segment.

"Our Group is continuing to make progress in our strategic
initiatives to achieve mid- and long-term growth which has included our
promotion of business in the Chinese market through our newly-formed
strategic alliance with Shanda Games in online gaming. In this way, we will
continue to strengthen our existing businesses in the third quarter and
beyond, while also vigorously pushing forward our three growth strategies of
globalization, becoming "network centric" and strengthening our own-IPs."

About SQUARE ENIX HOLDINGS CO., LTD.

SQUARE ENIX HOLDINGS CO., LTD with headquarters in Tokyo, Japan,
is a holding company leading the Square Enix Group with a diverse range of
content and service businesses. The Square Enix Group publishes and
distributes entertainment content under its internationally renowned brands
such as SQUARE ENIX, EIDOS and TAITO. The Square Enix Group includes a global
network of leading development studios located in North America, Europe and
Japan. The Group boasts a valuable portfolio of intellectual property
including: FINAL FANTASY(R), which has sold over 97 million units worldwide,
DRAGON QUEST(R), which has sold over 54 million units worldwide and TOMB
RAIDER(R), which has sold over 35 million units worldwide, together with
other well established products and services.

More information on SQUARE ENIX HOLDINGS CO., LTD. can be found
on the Internet at www.square-enix.com/eng

Disclaimer

The forward-looking statements in this document are based upon
the information currently available, and necessarily include elements that
are not entirely predictable. Actual results may differ from the
forward-looking statements in this document.

DRAGON QUEST, FINAL FANTASY, SQUARE ENIX and the Square Enix logo
are trademarks or registered trademarks of SQUARE ENIX HOLDINGS CO., LTD. in
Japan and/or other countries. TAITO is a registered trademark of Taito
Corporation in Japan and/or other countries. EIDOS and TOMB RAIDER are
trademarks or registered trademarks of Square Enix Ltd. in the United Kingdom
and/or other countries. All other trademarks are the property of their
respective owners.

Corporate Planning & IR, Tokyo, +81-3-5333-0926, Los Angeles, +1-310-321-6118, ccir at square-enix.com, of SQUARE ENIX HOLDINGS CO., LTD.