Square Enix has shifted the focus of its March-established subsidiary Luminous Productions to the development of “large-scale, high-quality AAA game titles, which best leverages [Luminous Productions’] strengths.”

The shift in focus has resulted in Square Enix booking an extraordinary loss of 3,733 million yen (approximately $33 million) for the six-month period ended September 30, 2018.

Here is the full press release: