Nexon Semi-Annual Securities Report: 25th Fiscal Year

Key insights

7 takeaways

01
Nexon reported a 17.4% year-over-year revenue increase to 273,310 million yen and a 101.9% surge in profit attributable to owners of the parent to 86,864 million yen for the first half of the 2026 fiscal year.See it on page 7
02
Growth was driven by the MapleStory franchise and the global launch of ARC Raiders, which offset revenue declines in the Dungeon&Fighter and FC franchises.See it on page 6
03
The company is aggressively managing capital efficiency through share cancellations, including 36.48 million treasury shares in February 2026 and a planned 13.2 million shares in August 2026.See it on page 41
04
As of June 30, 2026, the company maintains a strong balance sheet with total assets of 1,356,395 million yen and total equity of 1,085,468 million yen.See it on page 22
05
Shareholder returns for the period included two dividend payments of 30.0 yen per share.See it on page 42
06
Nexon has formally designated Europe as a distinct reportable segment to reflect its increasing operational materiality.See it on page 26
07
The company maintains a diversified investment portfolio, including stakes in Smash Capital and Alignment Growth Fund, alongside crypto-asset holdings, with NXC Corporation retaining a 46.72% controlling interest.See it on page 5

Summary

Nexon achieved significant financial expansion during the first half of the 2026 fiscal year, characterized by a 17.4 percent year-over-year revenue increase to 273,310 million yen. Profit attributable to owners of the parent surged by 101.9 percent to 86,864 million yen, driving basic earnings per share to 109.96 yen, up from 53.04 yen in the prior year. This growth was primarily fueled by the robust performance of the MapleStory franchise and the global market entry of ARC Raiders, which successfully balanced revenue contractions within the Dungeon&Fighter and FC franchises.

The company maintains a stable financial foundation with total assets reaching 1,356,395 million yen and total equity of 1,085,468 million yen as of June 30, 2026. Capital management remains a central priority, evidenced by the cancellation of 36.48 million treasury shares in February 2026 and a subsequent commitment to cancel an additional 13.2 million shares in August 2026 to enhance capital efficiency. Shareholder returns are further supported by consistent dividend distributions, with two separate payments of 30.0 yen per share issued during the period.

Operational strategy continues to emphasize global diversification and asset management. The company has formally separated Europe as a distinct reportable segment to reflect its growing materiality. Furthermore, the firm maintains a diverse portfolio of financial assets, including significant holdings in investment funds such as Smash Capital and Alignment Growth Fund, alongside active management of crypto-asset positions. With NXC Corporation retaining a 46.72 percent controlling interest, the company remains focused on long-term value creation through strategic investments and disciplined capital allocation across its international gaming segments.