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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 2021 JPYUSD
Revenue274,462M2,497.98M
Gross Profit196,897M1,792.03M
Operating income93,851M854.17M
Income before tax136,471M1,242.07M
Net income114,888M1,045.64M
EBITDA102,319M931.24M
Diluted EPS126.551.15
Dividends Per Share7.500.06
Total Assets986,632M8,567.86M
Total liabilities140,739M1,222.17M
Total equity836,668M7,265.58M
Operating cash flow105,914M963.96M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 234,929M 253,721M 248,542M 293,024M 274,462M
Gross Profit 175,139M 192,779M 184,988M 218,763M 196,897M
Operating income 103,317M 106,368M 103,839M 120,304M 93,851M
Income before tax 69,995M 117,444M 121,968M 107,406M 136,471M
Net income 56,750M 107,672M 115,664M 56,220M 114,888M
EBITDA 108,522M 112,384M 110,948M 128,878M 102,319M
Diluted EPS 31.73 119.64 128.03 61.89 126.55
Dividends Per Share 0 0 2.50 5 7.50
Total Assets 543,231M 649,998M 719,088M 862,161M 986,632M
Total liabilities 73,013M 84,521M 87,957M 141,716M 140,739M
Total equity 465,207M 555,268M 619,985M 709,882M 836,668M
Operating cash flow 80,718M 118,018M 105,073M 137,603M 105,914M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 2,095.07M 2,297.30M 2,279.97M 2,744.47M 2,497.98M
Gross Profit 1,561.87M 1,745.50M 1,696.96M 2,048.94M 1,792.03M
Operating income 921.37M 963.10M 952.55M 1,126.77M 854.17M
Income before tax 624.21M 1,063.39M 1,118.86M 1,005.97M 1,242.07M
Net income 506.09M 974.91M 1,061.03M 526.55M 1,045.64M
EBITDA 967.79M 1,017.57M 1,017.77M 1,207.07M 931.24M
Diluted EPS 0.28 1.08 1.17 0.57 1.15
Dividends Per Share 0 0 0.02 0.04 0.06
Total Assets 4,822.29M 5,924.42M 6,616.86M 8,350.63M 8,567.86M
Total liabilities 648.14M 770.36M 809.35M 1,372.61M 1,222.17M
Total equity 4,129.66M 5,061.00M 5,704.94M 6,875.70M 7,265.58M
Operating cash flow 719.83M 1,068.58M 963.87M 1,288.79M 963.96M

Valuation Measures

Dec 2021
PER17.25
ROA12.42%
ROE14.85%
Operating margin34.19%
Profit margin41.85%

Key executives

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

Shareholders

  • NXC Corp. (44.3%)
  • Public Investment Fund (Investment Management) (9.1%)
  • NEXON Co., Ltd. (4.0%)
  • Nomura Asset Management Co., Ltd. (4.0%)
  • Nikko Asset Management Co., Ltd. (1.9%)
  • Daiwa Asset Management Co. Ltd. (1.8%)
  • The Vanguard Group, Inc. (1.1%)
  • SEO MIN /NEXON/ (1.0%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.9%)
  • BlackRock Fund Advisors (0.9%)

Contact Details

  • Website:http://www.nexon.co.jp
  • Address: 1-4-5 Roppongi, Minato-Ku, Tokyo, 106-0032, Japan
  • Phone: +81.3.6629.5318

Related Companies

  • H2O Plus( Shanghai) Trading Co., Ltd.
  • 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.

Competitors

  • Gravity Co., Ltd. Sponsored ADR
  • Netmarble Corp.
  • ITOXI Corp.
Last Updated on 17 Aug, 2022

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