[Concall] NC Embarks on Structural Reform "Company-wide Process and Structure Under Review"

Hong Won-jun, Chief Financial Officer (CFO) of NCSoft, stated during the Q2 earnings conference call on the 9th, "From a broad perspective, games are part of the entertainment industry, and the most important thing is to continuously release new titles with a sense of speed." He emphasized, "To achieve this, three things are necessary. There must be manageable resources, the management must have the capability to allocate these resources accurately, and there must be accumulated experience from having done this before. Additionally, a strategy that combines and develops these two aspects is also important."

CFO Hong added, "We clearly feel that we have lacked these three core elements in our efforts to target the global market and release new titles across various genres," and said, "The management is fully aware of these issues and is currently conducting a root cause analysis." He continued, "To address this, we are currently reviewing company-wide processes and structures and are in the process of establishing new strategies that align with these reviews."

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