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NEXON Co., Ltd.

3659.TCommunication ServicesTSE

Electronic Gaming & Multimedia · Last scanned May 30, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$475.10B
+6.5% YoY
Net Income
$92.05B
-31.7% YoY
EBITDA
$150.96B
-28.0% YoY
Free Cash Flow
$165.24B

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About NEXON Co., Ltd.

Headquartered within the communication services sector, NEXON Co., Ltd. focuses on Electronic Gaming & Multimedia services and products. NEXON Co., Ltd. engages in the production, development, and distribution of video games and mobile games in Japan and internationally. At a $1.77T market cap, NEXON Co., Ltd. ranks as a mega-cap company within communication services. It offers PC online games, mobile games, and console games.

Key stats
Market Cap$1.77T
P/E (TTM)19.65
Fwd P/E13.39
EPS$114.02
Beta0.47
52W Change-14.1%
Dividend Yield2.68%
ROE11.6%
Analysis

With $874.61B in cash and $51.03B in debt, 3659.T maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Annual free cash flow of $165.24B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 11.6% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 7.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $353.71B (2022) to $475.10B (2025), reflecting a 34% increase over the period.

The relatively low beta of 0.47 suggests 3659.T is a less volatile holding compared to the broader index. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for NEXON Co., Ltd. and its sector.

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