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Nexon Co Ltd
TSE:3659

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Nexon Co Ltd
TSE:3659
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Price: 2 174 JPY -1.63% Market Closed
Market Cap: 1.8T JPY

Nexon Co Ltd
Investor Relations

In the increasingly competitive realm of online gaming, Nexon Co Ltd. emerges as a titan whose foundation is deeply rooted in the vibrant gaming industry of South Korea. Established in 1994, this company swiftly carved a niche by harnessing the advent of the internet and the burgeoning appetite for digital entertainment. Unlike many contemporaries, Nexon chose to forego traditional distribution methods by embracing a free-to-play model where revenue flows from in-game microtransactions and virtual goods sold within immersive worlds. This strategic pivot underscored a departure from the pay-to-play norm, allowing players a no-cost entry point while enticing them to spend on character enhancements, items, and exclusive content.

Central to Nexon's economic engine is its portfolio of massively multiplayer online games (MMOs) like "MapleStory" and "Dungeon Fighter Online," which not only capture the imagination of millions but also facilitate a community-driven experience that keeps players engaged over the long term. The company's games are infamous for their complex ecosystems and robust social interactions, encouraging a perpetual cycle of play that translates into sustained revenue streams. By regularly updating its offerings and adapting to market trends—such as mobile gaming—Nexon ensures its continued relevance in an industry marked by rapid evolution. In essence, Nexon thrives by leveraging its deep understanding of player dynamics and psychological incentives, building virtual worlds that captivate and monetize audiences across the globe.

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Earnings Calls

2024 Q3
Nov 12, 2024
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NEXON Reports Strong Revenue Growth Amidst Strategic Challenges
2024 Q3
Nov 12, 2024

NEXON achieved record quarterly revenue of JPY 135.6 billion, up 13% year-over-year, with an operating income of JPY 51.5 billion, rising 11%. The Dungeon&Fighter franchise experienced a remarkable 142% revenue growth, largely due to the successful launch of its mobile version in China. However, guidance for the upcoming quarter suggests potential revenue challenges with forecasts of JPY 83.8 to 94.7 billion, reflecting a possible decrease as much as 12% year-over-year. NEXON aims for a 25% compound annual growth rate (CAGR) for Dungeon&Fighter from 2023 to 2027 and a revenue target of JPY 750 billion by 2027.

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Management

Ms. Maiko Ara
Head of Investor Relations and Corporate PR
No Bio Available
Mr. Koji Abe
General Counsel
No Bio Available
Mr. Nicolas Anton Van Dyk
Executive VP, Chief Strategy Officer & President of Nexon Film and Television
No Bio Available
Mr. Takanori Kawai
Team Leader of Investor Relations
No Bio Available
Junko Tomita
Investor Relations Officer
No Bio Available

Contacts

Address
TOKYO-TO
Minato-ku
6F, Ark Hills South Tower, 1-4-5, Roppongi
Contacts