It does feel like it's the perfect time for Sony to swoop the Japanese arm up, although I would've thought the North American-based IPs would've be appealing in tandem with Final Fantasy, etc. Especially getting original Playstation icon Lara Croft back as an exclusive to the console family. Those NA studios Square owned must've been hemorrhaging money.Isn't this making SE more attractive for Microsoft or more likely Sony to swoop in and buy them up? I wouldn't be surprised.
I'll be clear in that I do think an acquisition by Sony would be not great for the ongoing preservation efforts Square Enix has been doing with all of its classic series. And not getting Switch releases of some games would be a bummer if they're all exclusive from then on.