Business description: NEXON Co., Ltd.

Nexon Co Ltd is a Japan-based company mainly engaged in businesses related to the production, development, and distribution of personal computer (PC) online and mobile games. The Company operates through five business segments: Japan, Korea, China, North America, and Other. Business divisions are mainly classified into PC online and mobile business. The PC online business is mainly engaged in the production, development and distribution of PC online games. In addition, the Company also provides consulting services related to PC online game distribution, in-game advertising, and merchandising services. The mobile business develops and distributes mobile games played on smartphones, tablets. The business model used by the Company for PC online games and mobile games can be divided into three types: in-house distribution model, licensing model, and licensed distribution model.

Number of employees: 9,834

Sales by Activity: NEXON Co., Ltd.

Fiscal Period: December 2021 (JPY) 2022 (JPY) 2023 (JPY) 2024 (JPY) 2025 (JPY)

South Korea

25TCr 33TCr 40TCr 42TCr 42TCr

Others

178.8Cr 216Cr 382.4Cr 860.4Cr 4.19TCr

North America

1.58TCr 1.4TCr 1.62TCr 1.9TCr 2.98TCr

Japan

604.5Cr 595.5Cr 578.3Cr 735.2Cr 633Cr

China

315Cr 334.1Cr 318.8Cr 261.7Cr 177.4Cr

Unallocated Adjustment

-519.5Cr -608.2Cr -993.9Cr -1.28TCr -2.71TCr

Geographical breakdown of sales: NEXON Co., Ltd.

Fiscal Period: December 2021 (JPY) 2022 (JPY) 2023 (JPY) 2024 (JPY) 2025 (JPY)

South Korea

15TCr 21TCr 26TCr 20TCr 25TCr

China

7.36TCr 8.64TCr 10TCr 16TCr 11TCr

North America and Europe

1.87TCr 2.01TCr 2.77TCr 4.25TCr 6.86TCr

Others

1.7TCr 2.38TCr 2.79TCr 2.68TCr 3.3TCr

Japan

1.05TCr 1.05TCr 1.19TCr 1.78TCr 1.4TCr

Executive Committee: NEXON Co., Ltd.

Manager TitleAgeSince
Chief Executive Officer 47 01/03/2024
Director of Finance/CFO 55 01/10/2021

Composition of the Board of Directors: NEXON Co., Ltd.

Director TitleAgeSince
Director/Board Member 59 25/03/2014
Director/Board Member 78 01/03/2012
Director/Board Member 69 01/03/2012
Director/Board Member 55 01/03/2015
Chairman 52 20/02/2026
Director/Board Member 47 01/03/2023
Director/Board Member 64 01/03/2023
Director/Board Member 51 01/03/2022

Shareholders: NEXON Co., Ltd.

NameEquities%Valuation
NXC Corp.
50.67 %
40,16,49,312 50.67 % 6 773 M ¥
Ayar First Investment Co.
11.17 %
8,85,48,900 11.17 % 1 493 M ¥
Nomura Asset Management Co., Ltd.
4.692 %
3,71,96,000 4.692 % 627 M ¥
4.603 %
3,64,87,500 4.603 % 615 M ¥
0.6462 %
51,22,400 0.6462 % 86 M ¥
NameEquities%Valuation
RhumbLine Advisers LP
0.000627 %
4,970 0.000627 % 83 809 ¥
Salomon & Ludwin LLC
0.000016 %
124 0.000016 % 2 091 ¥
Golden State Equity Partners LLC
0.000003 %
25 0.000003 % 422 ¥

Holdings: NEXON Co., Ltd.

NameEquities%Valuation
3,64,87,500 4.6% 615 M $
3,95,24,879 60.01% 316 M $

Company details: NEXON Co., Ltd.

NEXON Co., Ltd.

1-4-5 Roppongi

106-0032, Tokyo

+81 3 6629 5318

http://company.nexon.co.jp
address NEXON Co., Ltd.(3659)

Group companies: NEXON Co., Ltd.

NameCategory and Sector
Packaged Software
Packaged Software

Internet Gaming

Change 5d. change 1-year change 3-years change Capi.($)
+2.26%+1.06%+15.24%-11.78% 1.29TCr
+0.11%+2.70%+10.18%+37.14% 7.58TCr
+1.26%-2.60%-25.37%+40.15% 829.19Cr
+1.25%+1.82%+45.37%-23.44% 697.93Cr
+2.03%+3.58%-11.22%+12.60% 567.6Cr
+0.65%+11.51%+26.10%-8.23% 491.93Cr
+1.58%-4.15%+59.15%-16.72% 405.36Cr
-5.92%-7.05%+59.78%+148.93% 376.3Cr
+5.20%-1.68%+76.04%-30.70% 324.51Cr
-0.71%+0.99%-36.29%-37.14% 326.79Cr
Average +0.77%+1.38%+21.90%+11.08% 1.29TCr
Weighted average by Cap. +0.54%+1.92%+13.44%+24.33%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
2,624.50JPY
Average target price
3,582.89JPY
Spread / Average Target
+36.52%

Quarterly revenue - Rate of surprise

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