NEXON : Notice on Dividend of Surplus from Consolidated Subsidiary
September 22, 2021 at 02:22 am EDT
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September 22, 2021
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
NEXON Co., Ltd. ("Nexon") 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 51,354 million
Date of decision: September 22, 2021
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, 2021.
Furthermore, this has no impact on our consolidated business results for the fiscal year ending December 31, 2021 because the dividend comes from a consolidated subsidiary.
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Nexon Co. Ltd. published this content on 22 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2021 06:21:02 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%).