NEXON : Notice on Dividend of Surplus from Consolidated Subsidiary
February 13, 2020 at 02:26 am
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February 13, 2020
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
TOKYO - February 13, 2020 - NEXON Co., Ltd. ("Nexon") (3659.TO) 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 15,325 million
Date of decision: February 13, 2020
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, 2020.
Furthermore, this has no impact on our consolidated business results for the fiscal year ending December 31, 2020 because the dividend comes from a consolidated subsidiary.
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Nexon Co. Ltd. published this content on 13 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2020 07:25:08 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%).
NEXON CO., LTD. 
