Nexon Co Ltd Stock Price, News & Analysis

Nexon has introduced Latiya, the 21^st hero in its MMORPG Vindictus, as a knight skilled in jousting and hunting. Latiya wields the metal lance of Roland and uses the magical Kuja chain hook for agile combat. Her debut is celebrated with a special event running until Sept. 20, 2022, featuring exclusive items like the "Latiya's Outfit Set Destiny Box." Launched in 2010, Vindictus continues to offer dynamic, action-packed gameplay.

Nexon announces the pre-registration for its new party game, KartRider: Drift, available on multiple platforms including PC, Xbox, PlayStation, and mobile. Players who sign up will earn a special character, Model Student Diz, upon launch. The game features three thrilling modes, crisp graphics, and extensive customization options. Each platform will have exclusive characters and karts available if played within 90 days after launch. KartRider: Drift continues the franchise's legacy, having attracted over 380 million players since 2004.

NEXON Co., Ltd. reported record-breaking Q2 revenue of ¥84.1 billion, a 50% year-over-year increase, driven by major franchises like Dungeon&Fighter and MapleStory. Operating income rose 47% to ¥22.7 billion, while net income surged 176% to ¥24.7 billion, aided by a significant foreign exchange gain. The Board approved a new ¥100 billion share repurchase policy valid until August 2025. Outlook for Q3 projects revenues between ¥96.0 and ¥104.0 billion, reflecting a 27% to 37% year-over-year increase.

Nexon Co., Ltd. (3659.TO) has launched DNF Duel, a fighting game based on the popular Dungeon&Fighter IP, globally including Korea, Japan, North America, and Europe. The game is available on Steam, PlayStation 4, and PlayStation 5, featuring 16 unique characters and multiple game modes including story, local, and online. Co-developed with Arc System Works, DNF Duel is built on Unreal Engine 4, promising immersive graphics and intense gameplay.

NEXON Co., Ltd. reported Q1 2022 revenues of ¥91.0 billion, a 3% year-over-year increase. Operating income fell 11% to ¥38.5 billion, while net income reached ¥40.3 billion, boosted by a ¥12.7 billion foreign exchange gain. The successful launch of Dungeon&Fighter Mobile in Korea significantly increased daily active users and contributed to overall growth. Looking ahead, Q2 revenue is projected between ¥81.3 and ¥87.3 billion, representing a year-over-year increase of 45% to 56%.

Nexon America has secured the Great Place to Work Certification™ for the second consecutive year, reflecting high employee satisfaction. The company scored 20 points higher than the average U.S. company, showcasing its commitment to a positive workplace culture. This prestigious recognition is based solely on employee feedback, emphasizing trust and a high-trust environment. Kenny Chang, General Manager, acknowledged the achievement as a team effort, highlighting the role of dedicated colleagues in fostering a great workplace.

NEXON Co., Ltd. has launched Dungeon&Fighter Mobile in Korea, expanding its popular franchise with over 850 million registered players and US$18 billion in revenues since 2005. This mobile version aims to capture the fast-growing mobile gaming market, allowing up to one million players simultaneously across eight servers. Players can choose from five-character types and engage in duels and raids.

Nexon has introduced its 20th hero, Letty, in the MMORPG Vindictus. A former cadet of the Lyon Navy, Letty wields her heavy cannon, Cradie, to inflict significant damage and create explosions. She offers unique skills like "Storm Smite" and "D-Day" which enhance her combat effectiveness. To celebrate her debut, an in-game event runs until April 26, 2022, allowing players to earn exclusive rewards. Vindictus has been operational for 12 years, showcasing fast-paced gameplay in a wild, desolate environment.