Key Summary
- Nexon said third-quarter operating profit rose 11% from a year earlier to 418 billion yen, or about 371.8 billion won.
- Revenue increased 17% to 138.4 billion yen, while net profit fell slightly to 38.1 billion yen.
- The company attributed the improvement mainly to record quarterly sales from the MapleStory series and FC Online.
- Nexon also reported year-on-year growth in both domestic and overseas revenue for the quarter.
Main Story
Nexon said on the 10th, in a filing to the Tokyo Stock Exchange, that its third-quarter operating profit reached 418 billion yen, equivalent to about 371.8 billion won. That was an 11% increase from the same period last year and exceeded the company’s own outlook.
The game publisher also reported revenue of 138.4 billion yen, or about 1.2312 trillion won, up 17% year on year. Net profit came to 38.1 billion yen, or about 339.3 billion won, marking only a slight decline of less than 1% from a year earlier.
Nexon said the results were lifted by the performance of its key titles, especially the MapleStory franchise and FC Online. According to the company, both series set their highest quarterly revenue levels to date.
Within the MapleStory franchise, Nexon said growth came from both domestic and overseas PC versions, the expansion of Maple Story M abroad, and continued growth in MapleStory Worlds. The series’ third-quarter revenue rose 72% from the same period last year.
FC Online also recovered, with the company saying system updates and new content drew strong user interest. Nexon said average play time for the title set a new all-time high, and overall revenue for the series returned to double-digit growth.
Backed by those titles, Nexon said its domestic revenue increased 17% year on year in the third quarter, while overseas revenue rose 16%.
Background
The supplied text did not provide additional background beyond the company’s quarterly results and the performance of the MapleStory and FC Online franchises.
Items Requiring Further Verification
- The reported currency conversions from yen to won were provided in the source and were not independently verified here.
- The claim that the company’s results were “far above” its own forecast is attributed to the source report and would benefit from direct review of Nexon’s guidance documents.
- Statements about record quarterly revenue, record average play time, and the impact of system changes and new content are company claims and were not independently verified in this article.