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NEXON Co ( (JP:3659) ) has shared an update.
NEXON Co., Ltd. reported that its first-quarter 2026 results diverged from the outlook announced in February, with revenue landing near the lower end of guidance but profits significantly above prior expectations. The company said profit before tax and subsequent income were boosted by a sizeable foreign exchange gain of ¥14.5 billion on foreign currency deposits, lifting operating and net margins and underscoring the impact of financial income on its quarterly performance.
While sales came in broadly in line with the initial forecast range, operating profit, profit before tax, and profit attributable to owners of the parent all exceeded guidance, resulting in higher basic earnings per share than projected. The upside driven by FX gains highlights the sensitivity of Nexon’s earnings to currency movements, which can provide meaningful short-term support to profitability even when top-line growth is modest, a factor stakeholders may watch closely in upcoming quarters.
The most recent analyst rating on (JP:3659) stock is a Hold with a Yen2800.00 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 online game publisher and developer, best known for operating live-service titles across PC and mobile platforms. The company focuses on online games with a strong presence in Asia and global markets, monetizing primarily through virtual items and in-game transactions, and is listed on the TSE Prime Market under stock code 3659.
Average Trading Volume: 2,245,914
Technical Sentiment Signal: Sell
Current Market Cap: Yen1984.6B
See more data about 3659 stock on TipRanks’ Stock Analysis page.