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Nexon Announces Shift in Major Shareholder as Saudi Stake Moves to Ayar First Investment

Story Highlights
  • Nexon reports that Saudi-based Ayar First Investment has become a new major shareholder with 11.17% of its voting rights.
  • Saudi Arabia’s Public Investment Fund has transferred its former 11.17% Nexon stake, ceasing to be a major shareholder without immediate impact on outlook.
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Nexon Announces Shift in Major Shareholder as Saudi Stake Moves to Ayar First Investment

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NEXON Co ( (JP:3659) ) has provided an update.

NEXON Co., Ltd. has disclosed a change in its major shareholders as of December 26, 2025, following the filing of an amended large-shareholding report with the Kanto Local Finance Bureau. Ayar First Investment Company, an investment firm based in Riyadh, Saudi Arabia, has newly become a major shareholder with 11.17% of Nexon’s voting rights, corresponding to 88,548,900 shares. At the same time, Saudi Arabia’s Public Investment Fund, which previously held the same 11.17% stake, has ceased to be a major shareholder, indicating an internal reallocation of ownership within Saudi-linked investment entities rather than an exit of capital from Nexon. The company notes that the figures are based on the shareholder report and states there are no specific disclosures regarding any impact on its future outlook, suggesting limited immediate operational implications but a noteworthy shift in its shareholder structure for investors to monitor.

The most recent analyst rating on (JP:3659) stock is a Buy with a Yen4350.00 price target. To see the full list of analyst forecasts on NEXON Co stock, see the JP:3659 Stock Forecast page.

More about NEXON Co

NEXON Co., Ltd. is a Japan-listed digital entertainment company (TSE Prime: 3659) known for developing and operating online and mobile games, with a global user base and a focus on live-service game operations and virtual item sales.

Average Trading Volume: 1,612,854

Technical Sentiment Signal: Buy

Current Market Cap: Yen3250.9B

See more data about 3659 stock on TipRanks’ Stock Analysis page.

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