¡®Game big3¡¯ furious fight for No. 1¡¦ 3 quarter crown to be ¡®NC¡¯
Jin Hyun Jin | 2jinhj@ | 2017-11-07 09:52:04

[Digital Times, Jin Hyun-jin] NCsoft has been ranked number one in the Korean game industry in the last quarter. Nexon in 1Q and NetMarble Games in 2Q are in the lead in quarterly sales, and the pride of the domestic game industry, the Big3, is increasing.

According to the industry on November 6, Nexon, NetMarble Games and NCsoft, which are among the top three domestic game companies, compete with each other every quarter.

Netmarble posted sales of KRW 540.1 billion and operating profit of KRW 105.1 billion in the second quarter, surpassing NEXON, which recorded sales of KRW 477.8 billion. Netmarble was fully reflected in the performance of North American developer KABAM, which completed the acquisition in February of that time, and it achieved the same result as `Lineage 2 Revolution` released in 11 Asian countries was ranked in top sales.

However, NCsoft and Nexon are expected to be the top two in the third quarter, and NCsoft is expected to outperform Nexon. According to F & G Guide, NCsoft is expected to generate quarterly sales in the past. The company`s third-quarter earnings estimate is estimated at W704bn in sales and KRW 329.8 billion in operating profit, up 223.54% YoY and operating profit by 406.56% YoY. This is because the earnings of Lineage M (MMORPG), which plays a role of mobile massive multiple access, will be fully reflected in NCsoft`s earnings in 3Q. Lineage M, released on June 21, has been the number one player in Google Play since its release, but it only reflected about 10 days of sales in the second quarter. In the securities industry, we expect sales of Lineage M and PC online games to remain the largest quarterly sales ever.

Nexon forecasts improved performance in 2Q, not only in 1Q, but also in 3Q. Nexon maintained its leading position with sales of KRW 757 billion and operating profit of KRW 404.2 billion in the first quarter of last year, with `Dungeon and Fighter` having the highest sales of daily sales. In the third quarter of this year, it is said that Dungeon & Fighter recorded the best sales record in the first quarter. In the second quarter, Nexon forecasted sales of 51.6 billion to JPY 55.6 billion in the third quarter, but it is expected to exceed KRW 600 billion in the securities industry.

Netmarble Games` 3Q sales are expected to reach KRW 600 billion. Although operating profit is expected to rise QoQ, operating profit is expected to decrease due to one-off personnel expenses due to lack of lineage sales other than `Lineage 2 Revolution`, marketing expenses to launch in the Japanese market,

According to Seong Jonghwa Lee, Best Investment Securities researcher, "Netmarble`s third quarter revenues are estimated at 604.6 billion won and operating profit is expected to reach KRW 124.8 billion." The future of Netmarble`s new MMORPG, mentioned.


By Jin Hyun Jin 2jinhj@


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