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Technology Services

NEXON Co., Ltd.

Business Summary

NEXON Co., Ltd. engages in the development of free to play online and mobile games. It develops graphics based massively multiplayer online games and uses the concept of micro transactions and the free to play business model. It operates through the PC Online and Mobile business divisions. The PC Online business division handles the production, development and distribution of PC online games. It also provides consulting business related to PC online game distribution, game advertisement business, merchandising business. The Mobile business division covers the development and distribution of mobile games that play on terminals such as smartphones and tablets. The company was founded on December 18, 2002 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2022 JPYUSD
Gross Profit247,936M1,885.04M
Operating income108,639M825.97M
Income before tax150,771M1,146.30M
Net income100,339M762.87M
Diluted EPS113.810.86
Dividends Per Share100.07
Total Assets1,042.84B7,903.66M
Total liabilities175,303M1,328.60M
Total equity858,193M6,504.17M
Operating cash flow130,144M989.48M
Currency in JPYCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 253,721M 248,542M 293,024M 274,462M 353,714M
Gross Profit 192,779M 184,988M 218,763M 196,897M 247,936M
Operating income 106,368M 103,839M 120,304M 93,851M 108,639M
Income before tax 117,444M 121,968M 107,406M 136,471M 150,771M
Net income 107,672M 115,664M 56,220M 114,888M 100,339M
EBITDA 112,384M 110,948M 128,878M 102,319M 115,406M
Diluted EPS 119.64 128.03 61.89 126.55 113.81
Dividends Per Share 0 2.50 5 7.50 10
Total Assets 649,998M 719,088M 862,161M 986,632M 1,042.84B
Total liabilities 84,521M 87,957M 141,716M 140,739M 175,303M
Total equity 555,268M 619,985M 709,882M 836,668M 858,193M
Operating cash flow 118,018M 105,073M 137,603M 105,914M 130,144M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 2,297.30M 2,279.97M 2,744.47M 2,497.98M 2,689.27M
Gross Profit 1,745.50M 1,696.96M 2,048.94M 1,792.03M 1,885.04M
Operating income 963.10M 952.55M 1,126.77M 854.17M 825.97M
Income before tax 1,063.39M 1,118.86M 1,005.97M 1,242.07M 1,146.30M
Net income 974.91M 1,061.03M 526.55M 1,045.64M 762.87M
EBITDA 1,017.57M 1,017.77M 1,207.07M 931.24M 877.42M
Diluted EPS 1.08 1.17 0.57 1.15 0.86
Dividends Per Share 0 0.02 0.04 0.06 0.07
Total Assets 5,924.42M 6,616.86M 8,350.63M 8,567.86M 7,903.66M
Total liabilities 770.36M 809.35M 1,372.61M 1,222.17M 1,328.60M
Total equity 5,061.00M 5,704.94M 6,875.70M 7,265.58M 6,504.17M
Operating cash flow 1,068.58M 963.87M 1,288.79M 963.96M 989.48M

Valuation Measures

Dec 2022
Operating margin30.71%
Profit margin28.36%

Key executives

  • President & Representative Director: Owen Mahoney
  • CFO, Representative Director & GM-Administration: Shiro Uemura
  • Head-Corporate PR & Corporate Branding: Yuki Hayakawa


  • NXC Corp. (46.0%)
  • Public Investment Fund (Investment Management) (9.4%)
  • Nomura Asset Management Co., Ltd. (4.0%)
  • Nikko Asset Management Co., Ltd. (1.9%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • NEXON Co., Ltd. (1.3%)
  • The Vanguard Group, Inc. (1.2%)
  • SEO MIN /NEXON/ (1.1%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (1.0%)
  • BlackRock Fund Advisors (0.9%)

Contact Details

  • Website:
  • Address: 1-4-5 Roppongi, Minato-Ku, Tokyo, 106-0032, Japan
  • Phone: +81.3.6629.5318

Related Companies

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  • Embark Studios AB
  • NEXON M, Inc.
  • Rushmo Co., Ltd.
  • Neon Studio Corp.
  • Nexon Networks Corp.
  • Orbis Asia Pacific Headquarters Pte Ltd.
  • NEXON Communications Co., Ltd.
  • Lexian Software Development (Shanghai) Co., Ltd.
  • H2O Plus Holdings, Inc.
  • Secretnewco
  • inBlue, Inc.
  • Nexon Europe sarl
  • Lucien Software Development Co. Ltd.
  • Nexon America, Inc.
  • NEXON Korea Corp.


  • Gravity Co., Ltd. Sponsored ADR
  • Netmarble Corp.
  • ITOXI Corp.
Last Updated on 24 Mar, 2023

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