Nexon Becomes First Korean Game Company to Surpass 30 Trillion Won Market Cap... Ranked 50th Among Japanese Listed Companies
[Asia Economy Reporter Seo So-jeong] Nexon has become the first Korean game company to surpass a corporate value of 30 trillion won.
On the 16th, Nexon closed at 3,210 yen, up 3.88% from the previous day, on the First Section of the Tokyo Stock Exchange in Japan.
Nexon's market capitalization was 2.8439 trillion yen (30 trillion 583 billion won), ranking 50th among companies listed on the First Section of the Tokyo Stock Exchange.
Among game companies, it is second only to Nintendo (88 trillion won).
Among game companies listed on the domestic stock market, NCSoft has the largest market capitalization at 19.0561 trillion won.
Nexon's market capitalization surpassed 20 trillion won on May 17 this year and exceeded 30 trillion won in seven months.
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The company explained that the increase in corporate value was due to growth in performance and the remarkable growth of mobile sales.
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