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Nexon (3659.JP) Falls Over 4.7% as Long-term Targets Are Questioned
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Nexon (3659.JP) closed today (1st) at JPY2,789.5, down 4.76% for the day. The company recently held a briefing attended by the Chairman, President, and CFO. During the meeting, management mentioned that the targets set in September 2024 for revenue of JPY750 billion and operating profit of JPY250 billion by the fiscal year ending December 2027 now seem difficult to achieve. The market interpreted this as a negative signal, focusing on issues such as user attrition in titles like 'Dungeon & Fighter Mobile' and 'The First Descendant', as well as delays in new game development. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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