NexonNEXON Co., Ltd.3659東証プライム情報・通信業FY ending Dec 2025, consolidated, IFRS

Nexon FY ending Dec 2025 results

About 92% of Nexon's sales come from Korea, with North America and Japan making up much of the rest.

Out of every ¥100 of sales, about ¥26 is left as operating profit.

Revenue changed +6.5% from the prior year, operating profit -0.1%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +6.5% · profit -0.1%, calculated from disclosed figures.

Operating leverage: -0.02× (profit growth ÷ revenue growth)

FY ending Dec 2024 → FY ending Dec 2025

Revenue for the FY ending Dec 2025 reached ¥475.1B, up +6.5% from ¥446.2B, which the company calls a record.
Costs grew too, so operating income stayed flat at ¥124B against ¥124.2B the year before.
Net income dropped -31.7% to ¥92.1B from ¥134.8B, mainly because last year's foreign exchange gains did not repeat and equity-method investments were written down.
Operating cash flow jumped +70.2% to ¥171.9B, helped by more revenue collected in advance (deferred revenue).

PC Dungeon&Fighter and MapleStory picked up again, and new releases MABINOGI MOBILE, ARC Raiders and MapleStory: Idle RPG added revenue
Royalties, performance bonuses, advertising and platform fees tied to the new games rose and absorbed most of the extra revenue
Lower finance income after last year's FX gains, a loss on settling derivatives tied to securities sales, and impairments on equity-method investments pulled net income down

Heavy reliance on Dungeon&Fighter, MapleStory and EA SPORTS FC™, which leaves results exposed to shifting player tastes or server trouble
Political, economic or geopolitical changes in Korea and China could hit results
New games or licensed titles may not arrive on schedule, which would slow efforts to widen the lineup

Annual securities report (FY2025) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual securities report (FY2025) / 事業等のリスク

FY ending Dec 2024 → FY ending Dec 2025

※ Segment revenues include inter-segment sales and are scaled to consolidated revenue

For every ¥100 Nexon sells, how much goes where, and how much is kept.

FY ending Dec 2025

Gross margin59.4%

Operating margin26.1%

Net margin19.4%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Revenue by business segment, and the profit each one keeps.

FY ending Dec 2025

※ Segment figures include inter-segment sales and do not sum to the company total

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第24期(2025/01/01－2025/12/31)
ID S100XSM42026-03-24Open
EDINET (FSA Japan)
有価証券報告書－第23期(2024/01/01－2024/12/31)
ID S100VHMV2025-03-27Open
EDINET (FSA Japan)
有価証券報告書－第22期(2023/01/01－2023/12/31)
ID S100T5FS2024-03-28Open
EDINET (FSA Japan)
有価証券報告書－第21期(2022/01/01－2022/12/31)
ID S100QFYL2023-03-27Open
EDINET (FSA Japan)
有価証券報告書－第20期(令和3年1月1日－令和3年12月31日)
ID S100NQW42022-03-28Open
EDINET (FSA Japan)
有価証券報告書－第19期(令和2年1月1日－令和2年12月31日)
ID S100L1PF2021-03-26Open

Extracted from XBRL: 45 / Derived from other figures: 1

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