Nexon Announces Plans for Management Transformation at Capital Market Briefing 2026

Nexon Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative Director and President: Lee Jung-heon, TSE: 3659, hereinafter Nexon), a developer and publisher of online games, held a Capital Market Briefing today to provide investors with an update on the company's strategy. Chairman Patrick Soderlund, Representative Director and President Lee Jung-heon, and Representative Director and CFO Shiro Uemura presented at the event.

The event featured presentations focusing on the company's management transformation plans, including the redesign of development processes, thorough cost management, and strategies for expanding its IP portfolio and franchises, as well as its pipeline of new titles planned for global release.

Patrick Soderlund, Nexon Director, who brings extensive industry experience and oversees strategy and creativity, stated during his presentation:

"This is not about a turnaround. In fiscal year 2025, we achieved record-high full-year revenue of 475 billion yen, operating profit of 124 billion yen, and cash and cash equivalents exceeding 800 billion yen at the end of the period. Crucially, we have built long-term relationships with millions of players who seek new experiences in the games they love, even after sales and release."

Patrick Soderlund will continue to serve concurrently as CEO of Embark Studios, a Nexon subsidiary. He also touched upon strategies to accelerate expansion into new markets, stating:

"'ARC Raiders' is proof that Nexon can create works that will succeed in the global market."

Following this, Representative Director and President Lee Jung-heon introduced growth strategies for flagship franchises such as MapleStory, Dungeon Fighter Online, FC, and Mabinogi, as well as the new title pipeline.

In his remarks, Lee Jung-heon stated:

"The MapleStory franchise continues to grow even 22 years after its launch, through the introduction of new titles and the provision of new game experiences. This success serves as a model for the growth strategies of other major franchises like Dungeon Fighter Online. Currently, the Dungeon Fighter Online franchise has four titles in development, including 'Dungeon & Fighter: Idle RPG,' 'Dungeon & Fighter Classic,' as well as the AAA titles 'Dungeon & Fighter: ARAD' and 'Project OVERKILL.'"

He also explained his views on the introduction of artificial intelligence (AI) trained on a database accumulated from decades of play data and player interactions.

"The vast database of player interactions is Nexon's competitive advantage, which other companies cannot easily replicate. By training AI on billions of interaction data points, we enable context-aware decision-making in all aspects, from game design to live services. Our approach does not replace creative talent; it empowers creative talent to create with context. AI without context is merely 'speed,' and as a result, it will lead to a trend where all games become similar."

Development Pipeline

The event also provided updates on Nexon's robust development pipeline:

• 'Dungeon & Fighter: Idle RPG': A new title offering an easy-to-experience take on the Dungeon & Fighter world, scheduled for release within the year.

• 'Dungeon & Fighter Classic': A reboot that reconstructs the action experience of Dungeon & Fighter with modern UX, scheduled for release in 2027.

• 'Dungeon & Fighter: ARAD': The second title in the initiative to expand the Dungeon & Fighter franchise globally.

• 'Project OVERKILL': The third title in the initiative, an online action RPG for PC and consoles with a completely revamped combat physics and visuals. Initial tests have shown high player interest.

• 'Vindictus: Defying Fate': The latest action experience for PC and consoles, based on the Mabinogi franchise.

• 'NAKWON: LAST PARADISE': A multiplayer survival game set in a post-apocalyptic city. Its recent closed alpha test recorded over 37,000 concurrent players, an exceptional result for a completely new title without marketing.

The transcript of the Capital Market Briefing is available on our IR website. An archived video will also be posted on the same site at a later date.

This press release is intended to provide reference information about our group to investors and does not solicit or recommend the purchase or sale of our stocks or other securities.

Nexon Co., Ltd. https://www.nexon.co.jp/

Founded in 1994, Nexon (Headquarters: Minato-ku, Tokyo) is a company engaged in the development, development, and distribution of online games. It was listed on the First Section of the Tokyo Stock Exchange in December 2011 and is included in the JPX Nikkei Index 400, Nikkei Stock Average 300, and Nikkei Stock Average 225. Currently, Nexon offers over 40 titles, including its flagship games 'MapleStory,' 'Mabinogi,' and 'Dungeon Fighter Online,' to PC, console, and mobile platforms in over 190 countries and regions. In 2024, the company formulated an IP growth strategy consisting of two pillars: vertical growth through the provision of new experiences in major franchises, and horizontal growth to create the next pillar in Nexon's IP portfolio.