NEXON CO LTD UNSP/ADR - NEXOY STOCK NEWS

NEXPACE has launched the pre-launch campaign 'MapleStory Universe: The Genesis' on June 24, 2024. The campaign aims to build a community-based ecosystem for MapleStory Universe (MSU). The official website has been renewed as 'MapleStory Universe: The Genesis Web' and features various interactive elements, including quests and a Dressroom event. Key activities include earning points through website visits, joining Discord, and social media engagement. The Dressroom event offers rewards for participation, and details on point usage will be revealed in Q3. The official Discord channel opened on June 17 to support community-building efforts. NEXPACE utilizes blockchain technology to enhance user experience and encourage collaboration within the gaming community.

NEXON Co., Ltd. (3659.TO) has recently appointed Junghun Lee and Mitchell Lasky as new directors during its annual general meeting on March 24. The board reappointed three directors: Owen Mahoney, Shiro Uemura, and Patrick Söderlund. Junghun Lee, CEO of NEXON Korea Corporation, brings extensive experience from various executive roles at Nexon, emphasizing team culture and mentorship. Mitch Lasky has a 30-year career in the gaming industry, with significant roles at major companies and a current position at Benchmark Capital. NEXON continues its global expansion strategy while holding over 50 live games in 190 countries.

NEXON Co., Ltd. (3659.TO) has announced the launch of its new MMORPG, Wars of Prasia, set for release in South Korea on March 30. This game, playable on PC, Android, and iOS, offers players a unique experience with the freedom to join associations, own territories, and manage them collaboratively. Featuring 21 territories, the game emphasizes exploration and competitive gameplay, preventing guild monopolization, thus enhancing player engagement.

NEXON continues to strengthen its presence in the gaming market, backed by a rich portfolio of over 50 live games worldwide.

Nexon Co., Ltd. has announced the development of MapleStory: The Legends of Maple, a localized version of the successful mobile game MapleStory M for China. This project is in collaboration with Tiancity and Tencent Games. The game will feature classic characters from the franchise while providing a fresh mobile experience. Since its launch in 2003, the MapleStory franchise has amassed over 180 million players and generated more than US$4 billion in revenue. Further details on the release schedule will be confirmed later.

NEXON Co., Ltd. announced the global closed-beta test for THE FINALS, starting March 7 for two weeks. This highly anticipated first-person shooter game from Embark Studios features team-based, free-to-play action with a focus on environmental dynamics and destruction. Players can register on Steam and participate in ranked tournaments, unlocking various items during the beta. Embark aims to refine gameplay based on participant feedback, featuring experimental mechanics like server-side movement.

NEXON Co., Ltd. reported a record-breaking fourth quarter revenue of ¥81.1 billion for FY2022, a 49% increase year-over-year, and a full-year revenue of ¥353.7 billion, up 29%. Operating income for Q4 rose by 269% to ¥11.0 billion, while the company experienced a net loss of ¥7.9 billion, primarily due to a ¥25.0 billion foreign exchange loss. Looking forward, NEXON projects Q1 2023 revenue between ¥116.7 and ¥125.6 billion, indicating anticipated growth of 28% to 38% year-over-year. Key drivers include strong performance from FIFA ONLINE 4, Dungeon&Fighter Mobile, and HIT2.

Nexon has introduced Charon, the midnight witch, as the 22nd hero in its MMORPG Vindictus. Charon arrives in the game with her floating vessel, Orbis, which enables players to harness powerful spells. The update features exclusive equipment including the Laniakea armor for enhanced mobility and Shiny Stania armor inspired by traditional witch attire. Charon brings unique skills like Dark Matter and Crescent Nova, enhancing gameplay dynamics. To celebrate her launch, a special in-game event called "Charon's Celebratory Package Event" is running until February 14, offering exclusive rewards for players.

NEXON Co., Ltd. has announced the development of Project DW, an open-world action RPG set within the Dungeon & Fighter franchise, targeting global distribution on PC, console, and mobile platforms. The Dungeon & Fighter franchise boasts over 850 million players since its launch in 2005. The company continues to expand its offerings with additional projects like Project OVERKILL and Project AK. This development aligns with NEXON's strategy to enhance its presence in the global gaming market.