Sony is selling off all its shares in Final Fantasy publisher Square Enix

Sony has an 8.2 percent stake in one of Japan’s biggest third-party game publishers, but that minority ownership is coming to an end.

The PlayStation company announced today that is selling 9.52 million Square Enix shares to investment company SMBC Nikko Securities, Inc. Sony expects to net a profit of around $47 million from the sale. Square Enix is currently trading for $16.47 on the Tokyo Stock Exchange. This is part of Sony’s wider efforts to streamline its business. This will also free up some cash on its balance sheet.