New Creative Leadership to Energize Blockbuster Dungeon&Fighter Franchise
Development Teams Preparing for Launch of New Titles
Enriched Pipeline of New Games and Initiatives Position Nexon For Dramatic Growth
TOKYO–(BUSINESS WIRE)–NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in Virtual Worlds, today announced the financial results for its second quarter ended June 30, 2021.
�Nexon creative teams are improving existing games and polishing new titles for release on multiple platforms in multiple markets, said Owen Mahoney, President and CEO of Nexon. Our strategy includes new games in our development pipeline and bold initiatives to unlock the enormous untapped value in our global IP. If successful, any one of these projects has the potential to dramatically change Nexons trajectory and bring step-function improvements to our long-term revenue and profitability.
Second Quarter 2021 Highlights:
Other Highlights
Third Quarter 2021 Outlook
Conference Call (Japanese & English)
Nexon management will host a conference call for investors, analysts and the media to discuss the companys financial results and outlook. The conference call will be held at 5:00 p.m. JST / 4:00 a.m. EDT, and will be simultaneously conducted in Japanese and English. It will consist of brief remarks made by the management team followed by a Q&A session. Q&A session will be conducted with consecutive translations.
Time: August 11, 2021 at 5:00 p.m. JST / 4:00 a.m. EDT (planned)
Pre-registration Required
Please register in advance from the link below. Participant PIN and Security Code will be provided upon registration. Please click here to reach the registration page.
Audio Archive and Transcript
An audio archive and a transcript will be available on Nexons Investor Relations website at http://ir.nexon.co.jp/en/ after the earnings conference call.
This press release is prepared to offer reference information about Nexon to investors and is intended to generally provide investors and analysts with financial and operational information about Nexon, but not to solicit or recommend any sale or purchase of stock or other securities of Nexon.
About NEXON Co., Ltd. http://company.nexon.co.jp/en/
Founded in 1994, NEXON Co., Ltd. (Nexon) (3659.TO) is a company engaged in the production, development and operation of online games and Virtual Worlds. First listed on the Tokyo Stock Exchange in December 2011, Nexon was placed on JPX400 in 2015 and added to the Nikkei Stock Index 300 in 2017. In 2020, Nexon was added to the Nikkei 225. Nexon currently has more than 50 live games on multiple platforms including mobile and available in more than 190 countries. Major game franchises include MapleStory, KartRider and Dungeon&Fighter.
________________________________ | ||
1 | Constant currency is a non-GAAP measure used to show performance unaffected by fluctuations in foreign currency exchange rates. Constant-currency basis amounts are calculated using the average foreign currency exchange rates for the comparable period in the prior year and applied to the current period. | |
2 | PC revenues include other revenues besides PC online games and mobile games. | |
3 | Net income refers to net income attributable to owners of the parent. | |
4 | Official titles are EA SPORTS FIFA ONLINE 4 (PC) and EA SPORTS FIFA ONLINE 4 M (mobile). | |
5 | Official title is Choices: Stories You Play. | |
6 | Rest of World includes other Asian countries as well as Central and South American countries. | |
7 | Represents the difference between the acquisition costs and the market value of Nexon groups equity investments; does not reflect the impact of deferred tax liabilities on unrealized gains. | |
8 | Working title | |
9 | In most situations, the exchange rates of both the South Korean Won and the Chinese Yuan are linked to the U.S. dollar. For simplicity, forex sensitivity is calculated based on the assumption that Korean Won and Chinese Yuan move similarly against Japanese yen when there is an exchange rate movement in US. dollar and Japanese yen. |
Contacts
Jeff Brown
NEXON Co., Ltd. Corporate PR
CorporatePR.Team@nexon.co.jp
Vietnam is increasingly popular among Indian tourists, consistently topping reports and surveys as a favoured…
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 24 December 2024 - For Octa, a…
ACCRA, GHANA - Media OutReach Newswire - 24 December 2024 - 1win, in partnership with…
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 24 December 2024 - Shopee Malaysia recently…
MOSCOW, RUSSIA - Media OutReach Newswire - 24 December 2024 - Wildberries, a leading e-commerce…
HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 24 December 2024 - JustMarkets…