- Business
- NEXON Co., Ltd. NEXON Co., Ltd. (3659.T) is a Japan-based developer, publisher, and operator of online, mobile, and console games, specializing in live service titles with free-to-play models featuring microtransactions. Founded in 1994 in Seoul, South Korea, by Kim Jung-ju, and headquartered at 1-4-5 Roppongi, Minato-ku, Tokyo, Japan, since 2005, the company operates through PC Online and Mobile business segments, serving over 190 countries with major revenue from Asia, including Japan, Korea, and China, via subsidiaries like Nexon Korea Corporation, Neople Inc., Nexon Games Co., Ltd., and Embark Studios. Core products encompass flagship PC online games such as MapleStory, Dungeon & Fighter (also known as Arad Senki), Crazyracing Kartrider, Sudden Attack, and EA SPORTS FC ONLINE; mobile and cross-platform titles including Blue Archive, Dungeon & Fighter Mobile, KartRider: Drift, The First Descendant, Dave the Diver from Mintrocket, and The Finals from Embark Studios; and emerging console releases like DNF Duel and upcoming ARC Raiders and The First Berserker: Khazan, alongside merchandising, advertising platforms, and consulting services for game operations. Nexon maintains global offices in South Korea, the United States, Taiwan, Thailand, Sweden, and Vietnam, with key franchises generating billions in lifetime revenue, such as Dungeon & Fighter exceeding $20 billion. Recent developments include making Mintrocket a wholly owned subsidiary in September 2024 to focus on innovative titles emphasizing fun; announcing The Kingdom of the Winds 2 in October 2024, a sequel to its 1996 debut game; progressing partnerships with Tencent for enhanced Nexon IP presence in China, including new content like Dungeon&er Mobile and pre-registrations for First Berserker: Khazan and THE FINALS; CEO transition with Owen Mahoney succeeded by Junghun Lee in 2024; and ongoing investments in entertainment firms plus blockchain exploration via MapleStory N.