NEXON : Notice on Dividend of Surplus from Consolidated Subsidiary
September 09, 2019 at 03:12 am EDT
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September 9, 2019
Name of Company:
NEXON Co., Ltd.
Representative:
Owen
Mahoney,
Representative
Director, Chief Executive Officer and
President
(Stock Code: 3659, TSE First Section)
Contact:
Shiro Uemura, Representative Director
and Chief Financial Officer
Telephone:
03-6629-5318
Notice on Dividend of Surplus from Consolidated Subsidiary
TOKYO - September 9, 2019 - NEXON Co., Ltd. ("Nexon") (3659.TO) today made an announcement that it will be receiving a dividend of surplus from its consolidated subsidiary NEXON Korea Corporation.
Summary of dividend
Dividend amount: JPY 30,313 million
Date of decision: September 9, 2019
Impact on business results
Nexon will record a dividend income as above under non-operating income for standalone accounting for the fiscal year ending December 31, 2019.
Furthermore, this has no impact on our consolidated business results for the fiscal year ending December 31, 2019 because the dividend comes from a consolidated subsidiary.
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Nexon Co. Ltd. published this content on 09 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2019 07:11:04 UTC
NEXON Co, Ltd. is specialized in the development and publishing of interactive video games. The group offers games (MapleStory, Dungeon&Fighter, FIFA ONLINE 4, etc.) for PCs (70.9% of net sales) and mobile devices (28.4%; smartphones, tablets, etc.).
Net sales are distributed geographically as follows: Japan (1.8%), Korea (91.1%), North America (5.4%), China (1.1%) and others (0.6%).