FINWIRES · TerminalLIVE
FINWIRES

TYO:3659

7 stories mentioning TYO:3659Updated just now

Every FINWIRES story that references TYO:3659, newest first.

Asia

Nexon Completes 30 Billion Yen Share Buyback Program

Video game company Nexon (TYO:3659) has concluded its share buyback program, buying 5.28 million shares for 12.2 billion yen between July 1 and July 31, according to a Tokyo bourse filing on Monday.The transaction is part of a larger share repurchase program, originally authorized on May 14, for up to 14 million shares and a maximum of 30 billion yen.All repurchased shares consist of Nexon's ordinary shares, and the program has now been fully completed within its scheduled timeframe.

TYO:3659
Asia

Macquarie Upgrades Nexon to Outperform from Neutral; Price Target is 2,900 Yen

Nexon (TYO:3659) has an average rating of overweight and mean price target of 2,871.88 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TYO:3659
Asia

Nexon Repurchases 11.2 Billion Yen Worth of Shares in June

Nexon (TYO:3659) repurchased over 5 million ordinary shares between June 1 and June 30 through market purchase for 11.2 billion yen, according to a Wednesday filing on the Tokyo Stock Exchange.The repurchases are part of an ongoing share buyback program originally authorized by the board of directors on May 14. The program permits the acquisition of up to 14 million shares at a purchase price of 30 billion yen.With this, Eneos has repurchased over 7.9 million shares to date for 17.17 billion yen. The buyback launched on May 15 runs through July 31.

TYO:3659
Asia

Nexon to Book 373 Billion Dividend from Korean Unit

Video game developer Nexon (TYO:3659) will receive 373.5 billion yen in surplus dividends from its consolidated subsidiary, Nexon Korea, following a decision on June 29.The amount will be recorded as non-operating income in Nexon's standalone accounts for the year ending Dec. 31, according to a Tokyo bourse filing on Friday.However, since the dividend originates from a consolidated subsidiary, it will have no impact on the company's consolidated earnings for the same period.

TYO:3659
Asia

Japan Earnings Wrap: Hamamatsu and Square Enix Soar, Nexon Slides

Japanese stocks reporting earnings traded mixed on Friday, with gains led by semiconductor equipment makers and game developers, while some publishers and entertainment firms came under pressure.Hamamatsu Photonics K.K. (TYO:6965) rose 23% after reporting first-half results. Profit attributable to owners of parent fell 7.2% to 9.22 billion yen, while net sales increased 5.4% to 112.50 billion yen. Earnings per share came to 31.30 yen, down from 32.95 yen.The company forecast profit attributable to owners of parent of 16.4 billion yen, up 15.5%, and net sales of 232 billion yen, up 9.4%, for the fiscal year ending September 2026. Basic earnings per share are expected at 56.33 yen.Square Enix (TYO:9684) rose over 5% after reporting full-year results. Profit attributable to owners of parent rose 21.3% to 29.62 billion yen, while net sales fell 8.3% to 297.66 billion yen. Earnings per share came to 82.08 yen, up from 67.79 yen.The company forecast profit attributable to owners of parent of 31 billion yen, up 4.7%, and net sales of 298 billion yen, up 0.1%, for the fiscal year ending March 2027. It expects basic earnings per share of 85.99 yen.Nexon (TYO:3659) dropped 12% after reporting first-quarter results. Profit attributable to owners of parent rose 118% to 57.23 billion yen, while revenue increased 33.6% to 152.23 billion yen. Earnings per share came to 72.02 yen, up from 32.07 yen.For the six months ending June 2026, Nexon forecasts profit attributable to owners of parent of 73.31 billion to 80.40 billion yen, revenue of 259.19 billion to 271.91 billion yen, and earnings per share of 92.64 yen to 101.60 yen.

Nikkei 225TYO:3659TYO:6965TYO:9684
Asia

Nexon's Profit Surges 118% in Q1

Nexon's (TYO:3659) profit attributable to owners of the parent soared 118% to 57.23 billion yen for the first quarter from 26.27 billion yen a year earlier.Shares of the company were down 11% in morning trade Friday.The video game company's earnings per share increased to 72.02 yen from 32.07 yen a year ago, according to a Tokyo bourse filing on Thursday.Revenue jumped 34% to 152.23 billion yen for the three months ended March 31 from 113.93 billion yen in the prior-year period.For the first half, the company expects attributable profit in the range of 73.3 billion to 80.4 billion yen, basic EPS of 92.64 to 101.60 yen, and revenue of 259.2 billion to 271.9 billion yen.Nexon plans to pay interim and year-end dividends of 30.00 yen per share each for the year.

TYO:3659
Asia

Nexon Fund Unit Becomes Specified Subsidiary After Control Change

Nexon (TYO:3659) said Alignment Growth Fund II has become a specified subsidiary after changes in investor structure gave the group effective control, according to a Monday filing on the Tokyo Stock Exchange.The fund, managed through Nexon US Holding, is now consolidated as no other limited partners retain significant influence over investment decisions.Nexon holds an 84% stake in the fund, which has total commitments of $250 million.

TYO:3659

Track with the FINWIRES app suite