Our latest coverage of Nexon.
Nexon’s latest earnings reveal a solid second quarter, with its long-running franchises doing most of the heavy lifting. The Tokyo-listed South Korean developer & publisher reported revenue of ¥118.9 billion ($810 million) for the three months ending June 30, 2025. That figure is down 3 percent year over year in yen terms but up 6 percent once currency swings are [...]
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A South Korean court has ruled that Ironmace did not infringe on Nexon’s copyright when developing Dark and Darker, rejecting the publisher’s claims that the game was built using stolen data from Project P3. However, the court sided with Nexon on trade secret violations, ordering Ironmace to pay 8.5 billion won ($6 million) in damages. Key Ruling Details No Copyright [...]
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Nexon reported record annual revenue of ¥446.2 billion (~$3 billion) for 2024 thanks to the strong launch of Dungeon Fighter Online mobile (Dungeon&Fighter Mobile) in China. The global launch of The First Descendant was also cited as a driver of growth despite the game's average conccurrent playerbase dropping from ~200,000 at launch to around 9,000 today. Nexon Franchise lifetime sales [...]
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Nexon’s third-quarter results for 2024 reveal strong growth and momentum driven by popular game franchises and a few standout new titles. Overall, revenues and profits increased, but the market expected more, which sent Nexon's stock price crashing 14%. Key Financial and Regional Growth Highlights Overall Growth: Nexon reported a 13% year-over-year revenue increase, reaching ¥135.6 billion. Mobile gaming contributed significantly, [...]
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NEXON Korea recently hosted the 'Next On' event in Seoul, introducing key updates and future directions under the leadership of new Co-CEOs Jungwook Kim and Daehyun Kang. The event highlighted the company's renewed focus on developing new titles following significant personnel and organizational changes in 2024. NEXON aims to enhance its global growth by deepening the IP value of its [...]
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Nexon has yet to confirm whether it’s indeed working on a Game of Thrones MMO, but it did announce that it’s publishing a new PC and mobile MMORPG called Project T that’s based on the popular Overgeared web manga series which has been running for 11 years and has been viewed 1.3 billion times in South Korea alone. The game [...]
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Winter is coming to the world of MMOs as Nexon begins work on a massively multiplayer adaptation of George R.R. Martin’s A Song of Ice and Fire novels, popularized by HBO as Game of Thrones. The South Korean publisher has yet to confirm the game’s existence, but sources reveal that it’ll be set somewhere in the middle of the novels’ [...]
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Nexon might just be one of the few video game companies that hasn’t faced financial challenges this year. The company’s Q3 2023 financial report shows a whopping 40% revenue increase compared to the same quarter last year. This is the sixth consecutive quarter that the South Korean video game publisher reported double-digit revenue growth, and it looks like the streak [...]
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Nexon reported a strong Q2 today with earnings for the quarter coming in at a record 94.4B JPY (~$646M USD). Operating income (profit) came in at 27.6B JPY (~$192M). Nexon's CEO, Owen Mahoney attributed the quarter's success to strong performances from Fifa Online 4, FIFA Mobile, Wars of Prasia, HIT 2 (Heroes of Incredible Tales 2), Blue Archive. The continued [...]
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Now-defunct Boss Key Productions co-founder and Gears of War creator Cliff Bleszinski is apparently looking to revive LawBreakers five years after it was shut down. The game failed to capture the attention of the gaming community and was sunsetted back in 2018 after just over a year in operation. The last time the flopped first-person shooter caught the community’s eye [...]
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