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The latest update is out from NEXON Co ( (JP:3659) ).
Nexon has clarified its relationship with NXC Corporation, disclosing that NXC holds 46.9% of Nexon’s voting rights through direct and consolidated ownership, positioning NXC as a key affiliated entity in the group structure. NXC and its non-Nexon subsidiaries concentrate on investment and other non-online-game businesses, underscoring that Nexon remains the group’s main vehicle for online gaming.
The company also detailed a trademark licensing arrangement under which Nexon and certain subsidiaries, including NEXON Korea Corporation and Nexon America Inc., pay NXC a fee based on revenue for the use of the “NEXON” company name in Japan and other markets. Nexon has secured the right to extend this trademark agreement, providing continuity in brand usage while formalizing an ongoing financial and contractual link with its controlling shareholder group.
The most recent analyst rating on (JP:3659) stock is a Hold with a Yen3039.00 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 company, with its primary business centered on developing and operating digital games. The firm is part of a wider corporate group that includes NXC Corporation, which focuses on investment and other non-gaming businesses, separating Nexon’s core gaming operations from broader group activities.
Average Trading Volume: 2,201,537
Technical Sentiment Signal: Hold
Current Market Cap: Yen2276.2B
See more insights into 3659 stock on TipRanks’ Stock Analysis page.