Nexon’s Q4 2016 Financial Report : Revenue is Up Because Mobile Games

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Today Nexon releases their financial report for regional revenue, and it’s very interesting that we can find their revenue raise up because mobile game, and their other games slightly down.

Overall revenues are slightly down, both on a year-over-year basis from Q4 2015 to Q4 2016, and comparing 2015 to 2016 as a whole. As usual, China and Korea make up the bulk (78%) of the company’s revenue, with the rest being split between Japan, North America, and “Europe and others.”

Maybe the biggest difference from the Q3 numbers is that the portion of Nexon’s sales on mobile devices continues to rise. They’re up from 22% to 28%, and mobile titles account for three of the four pages of screenshots showing off the company’s games — along with that Titanfall game they’re working on for the Asian market.

The outlook for North America and Europe is also not that bright, with revenue expected to decrease up to 20% YoY in Q1 2017 in NA and low single digits to low teens in Europe. The company did launch a mobile game called Evil Factory in February and has plans for a mobile version of Dynasty Warriors later in the quarter. Oh, and LawBreakers is one of “multiple titles” scheduled for launch in 2017.

One other note that might be of interest to Western gamers: MapleStory 2 is listed as being a launch title for 2017 in China, two years after its Korean launch. Maybe that means we’ll see it in the West in another two years? Or maybe it’ll be Phantasy Star Online 2