TOKYO--(BUSINESS WIRE)--NEXON Co., Ltd. (“Nexon”) today revised its business outlook for the three months ended March 31, 2013, previously disclosed on February 13, 2013. As announced on April 22, 2013, Nexon has implemented International Financial Reporting Standards (IFRS) for its consolidated financial statements, beginning with the first quarter ended March 31, 2013. The following revision is prepared in accordance with IFRS.
1. |
Revision to consolidated results forecast for the three months
ended March 31, 2013 |
|
(Units: millions of yen, %) |
||||||||||||
Revenue |
Operating |
Income |
Net Income |
Net Income |
Basic |
|||||||
Initial forecast |
35,965 |
12,330 |
- |
7,840 |
- |
18.00 |
||||||
Initial forecast |
35,975 |
13,514 |
13,298 |
9,234 |
9,140 |
20.98 |
||||||
Difference (B-A) |
10 | 1,184 | - |
1,394 |
- | |||||||
Percentage |
0.0% |
9.6% |
- |
17.7% |
- | |||||||
Revised forecast |
44,000 | 20,000 | 22,000 | 15,000 | 15,000 | 35.00 | ||||||
Difference (C-B) |
8,025 |
6,486 |
8,702 |
5,766 |
5,860 |
|||||||
Percentage |
22.3% |
48.0% |
65.4% |
62.4% |
64.1% |
2. |
Reason for revision |
Note: Please be aware that the forecast above is based on information available at the present time. The actual performance may differ significantly depending on various factors in the future.
About NEXON Co., Ltd. http://company.nexon.co.jp/
NEXON Co., Ltd. (“Nexon”) (3659.TO) is a worldwide leader in free-to-play online games. Founded in Korea in 1994, Nexon developed one of the world's first graphics-based massively multiplayer online games. Nexon also pioneered the concept of microtransactions and the free-to-play business model, setting a new standard in which play is free, and users have the option to purchase in-game items to enhance their experience. Nexon currently services nearly 60 online games in more than 100 countries and since its founding, Nexon has generated more than 1.4 billion player registrations. The Company is headquartered in Tokyo, Japan and its shares are listed on the Tokyo Stock Exchange.