Legal

Notice of Matters Relating to Controlling Shareholder, etc.

Summary

Nexon Co., Ltd. maintains a significant corporate relationship with NXC Corporation, which serves as its primary affiliated entity. As of December 31, 2025, NXC Corporation holds a total voting interest of 46.9 percent in Nexon, comprised of 31.3 percent held directly and 15.6 percent held through other consolidated financial instruments. This ownership structure classifies NXC Corporation as a controlling shareholder, though the two entities operate in distinct sectors; while Nexon focuses on the online gaming industry, NXC Corporation and its other subsidiaries primarily engage in investment and non-gaming business activities. The operational relationship between the two companies is defined by a formal trademark licensing agreement. Nexon and several of its key international subsidiaries, including NEXON Korea Corporation and Nexon America Inc., utilize the NEXON brand name under a licensing arrangement with NXC Corporation. Under the terms of these agreements, Nexon pays a recurring license fee calculated as a specific percentage of its total revenue. The contract includes provisions that grant Nexon the right to extend the licensing agreement, ensuring continued access to the trademark for its global operations. This disclosure serves to clarify the governance and financial ties between the listed entity and its controlling shareholder. By outlining the ownership percentages and the nature of the trademark licensing, the company provides transparency regarding its corporate structure and the material financial obligations resulting from its affiliation with NXC Corporation. These arrangements remain a central component of Nexon’s operational framework as it continues to manage its brand identity and market presence within the global gaming sector.

From the report

FASF March 26, 2026 Name of Company: NEXON Co., Ltd. Representative: Junghun Lee, Representative Director, President and Chief Executive Officer (Stock Code: 3659, TSE Prime Market) Contact: Shiro Uemura, Representative Director and Telephone: Chief Financial Officer 03-6629-5318 Notice of Matters Relating to Controlling Shareholder, etc. NEXON Co., Ltd. (“Nexon”) hereby announces the following matters relating to the controlling shareholders, etc., in respect of NXC Corporation, one of its other affiliated company, as follows: 1. The company name of the parent company, controlling shareholder (other than the parent company) or other affiliated companies, etc. (As of December 31, 2025) Ownership ratio of voting rights (%) Financial Company Categorization Held instruments Name Directly through Total exchange, etc. held consolidation where issued NXC Other affiliated 31.3 15.6 46.9 shares are listed Corporation company － 2. The position of the listed company within the corporate group of its parent company, etc. and other relationships between the listed company and its parent company, etc. NXC Corporation and its subsidiaries excluding Nexon Group engage in investment businesses and other businesses that are not related to online game business, which is the Company’s primary business. 3. Matters concerning material transactions with the controlling shareholder, etc. With regards to the company name trademark “NEXON” in Japan owned by NXC Corporation, we have entered into a trademark licensing agreement with NXC Corporation and agreed to pay a license fee to NXC Corporation in an amount calculated as a certain percentage of our revenue.

olling shareholder, etc. With regards to the company name trademark “NEXON” in Japan owned by NXC Corporation, we have entered into a trademark licensing agreement with NXC Corporation and agreed to pay a license fee to NXC Corporation in an amount calculated as a certain percentage of our revenue. NXC Corporation has agreed that we have a right to extend the trademark licensing agreement for the company name trademark “NEXON.” Certain subsidiaries of Nexon, including NEXON Korea Corporation and Nexon America Inc., have also entered into similar agreements with NXC Corporation.

Pages: 1
Words: 335
Type: Legal

Topics

View this document on Game Industry Library.

Related Documents

Financial

Partial Correction to FY2022 Consolidated Financial Results: Japan

Representative Director, CEO, and President (Corrections / Corrections of Numerical Data) Partial Correction to FY2022 Consolidated Financial CyberAgent, Inc. today announced a correction to part of the "FY2022 Consolidated Financial Results [Japanese GAAP]," which was disclosed on October 26, 2022. The details of the correction are as follows.

investment market-analysis japan+1

CyberAgent

Report

Financial Highlights: 1st Half of FY2013

Financial highlights for the first half of fiscal year 2012 (ending March 2013) show a modest increase in consolidated net sales of 0.7 % to ¥13,724 million compared with the same period in FY2011, while full‑year sales for FY2012 were forecast at ¥39 000 million, up 9.8 % from FY2011. Gross profit rose 1.8 % to ¥4,254 million, and operating income surged 26.0 % to ¥897 million, reflecting a strong rebound in the Game Software and Pachislot & Pachinko segments. Income before taxes increased 41.1 % to ¥1,225 million, and net income grew 34.5 % to ¥554 million, both well above the 7.7 % forecasted growth. Segment analysis reveals that Game Software sales declined slightly by 1.0 % to ¥8,820 million but operating income from this segment jumped 69.1 % to ¥869 million, driven by higher gross margins. Online & Mobile sales fell 16.6 % to ¥2,365 million; operating income from this segment dropped 52.9 % to ¥247 million, partly due to the relocation of CWS Brains from Amusement Facilities to Online & Mobile in FY2011. Media & Rights sales increased 21.4 % to ¥618 million, with operating income turning positive at ¥157 million after a loss of ¥191 million the previous year. Pachislot & Pachinko sales rose 98.9 % to ¥1,120 million, with operating income up 71.8 %. Amusement Facilities and Other segments showed modest growth in sales (6.1 % and –5.2 %, respectively) but maintained stable operating income. The data cover the Japanese market, covering all business segments of Tecmo Koei Holdings. Figures are presented in millions of yen and compare FY2010, FY2011, and FY2012 results with forecasts for the full year. The report relies on consolidated financial statements prepared under Japanese GAAP, providing a comprehensive view of the company’s performance during the first half of FY2012.

market-analysis investment japan+1

Koei Tecmo

Financial

Financial Results for the Second Quarter of the Fiscal Year Ending March 2023

Financial Results for the Second Quarter of the Fiscal Year Ending March 2023 2. Impact of COVID-19 Pandemic on 3. Second Quarter: Financial Overview 4. 2Q FY2023 March: Initiatives 5. FY2023 March: Financial Projections 2. Impact of COVID-19 Pandemic on 3. Second Quarter: Financial Overview 4. 2Q FY2023 March: Initiatives 5.

market-analysis investment asia+1

Opendoor

Financial

Consolidated Financial Results: Six Months Ended September 30, 2024

The six‑month financial results for Koei Tecmo Holdings, covering April 1 to September 30, 2024, show a decline in key performance metrics compared with the same period in 2023. Net sales fell by 11.4 % to ¥35,197 million from ¥39,722 million, while operating profit dropped 23.1 % to ¥10,651 million and ordinary profit decreased 9.5 % to ¥21,000 million. Profit attributable to owners of the parent company fell 4.9 % to ¥15,975 million. Earnings per share also slipped, with basic earnings at ¥50.58 and diluted earnings at ¥47.09 versus ¥53.24 and ¥49.55 in 2023. Total assets contracted slightly from ¥245,802 million to ¥241,584 million, and net assets declined to ¥171,611 million, reflecting a lower capital adequacy ratio of 70.7 %. Cash and deposits rose markedly to ¥41,733 million, driven by a substantial increase in short‑term borrowings of ¥9,000 million. Investment securities and other assets decreased modestly. Dividend policy remained unchanged; no dividends were declared for the fiscal year ending March 31, 2024, and a forecast of ¥48.00 per share is projected for the fiscal year ending March 31, 2025. The company’s forecasted full‑year net sales for FY 2025 are ¥90,000 million, with operating profit expected at ¥30,000 million and ordinary profit at ¥40,000 million. The report covers Japan‑based operations under Japanese GAAP for the first half of FY 2025, with no significant changes in consolidation scope or accounting policies. The semi‑annual statements are exempt from external audit review.

market-analysis investment japan+1

Koei Tecmo