Monthly Archives: April 2012
Before I begin with my monthly installment of This Month in Our Past, I’d like to say a huge happy 9th birthday to Korea MapleStory, the world’s first service. On Tuesday, April 29, 2003, the public was officially introduced to Maple World for the first time.
May is probably the biggest month for Global MapleStory (and me). Sure the content hasn’t been all that spectacular and some events have been huge let downs but it was in May of 2005 that the Global service of MapleStory was launched officially. One of the game’s most powerful bosses and quite a lot of excusive content met us this month in our past. May is also my month of birth!
On Thursday, May 21, 1987 at 5:01PM Eastern I was born . Anyway, on to more important matters…
Client Version Update: 0.23
Game Update Name: ‘Behold Zakum!’
Game Update Date: Wednesday, May 3, 2006
– Birthday event
The great Zakum arrived on May 03, 2006. This was our first anniversary so it was very special.
Electronic Arts (NASDAQ: EA)’s share price soared today by 6.13%, the most the stock has risen in the last four months. Average price ended the April 26 NASDAQ trading day at US$15.93. But why? Because reports are emerging that Tokyo-based free-to-play publisher Nexon Co. Ltd. are in talks to purchase the company. In the mean time, Nexon’s stock fell (TSO:3659) fell 2.31% to close the April 26 TSO trading day at 1,524JPY per share.
It is said that it was Nexon which contacted EA to try to work something out. Both companies are refusing to comment on the reports and rumours. “Nexon has a policy of never commenting on rumors,” the company said in an e-mailed statement. Jeff Brown, an Electronic Arts spokesman, said in an e-mail that the company doesn’t comment on rumors or speculation.
In the calendar year ended December 31, 2011 Nexon reported revenues of US$1.12 billion while EA is expected to report revenues of US$4.17 billion for the fiscal year ended March 31, 2012. EA has a net worth of US$4 billion while Nexon has a net worth of US$6.8 billion.
Experts are saying that the deal either wasn’t even being considered in the first place or that it won’t work out and I agree with their reasoning. Research different experts’ views on this. We’ll just have to wait for these rumours to be dispelled or confirmed and see how this acquisition discussion ends up.
Four main stories from Nexon went public this week that I didn’t blog about so I’ll cover them in this post.
Nexon To Report First Quarter Financials on May 10
Nexon Co. Ltd. was originally expected to make public its financial report for the first quarter of 2012 ended March 31 on April 30. Along the way this was delayed and it is now expected to be released on May 10 at 4:00PM Japan Standard Time/00:00 Pacific Daylight Time. A conference call will be hosted that day for discussion on the financial results and the company’s outlook. The call’s transcript will be posted on Nexon’s Investor Relations website (http://ir.nexon.co.jp/ (Japanese)/ http://ir.nexon.co.jp/en/ (English)).
Nexon Stock Rises Greatly After Acquisition Hints
Nexon’s stock price has risen by 51 JPY or 3.39% following the company’s announcement that it is currently in discussions to buy smartphone and mobile game developers. It is said that these acquisition plans are for companies located in Japan where Nexon is headquartered. This comes not too long after Nexon and Nexon Mobile merged their operations to become one consolidated company working as two different teams rather than two separate affiliated companies.
The mobile gaming market is the fastest growing game market globally with the US market expanding 29% year-over-year in the final quarter of the 2011 calendar year. More and more gamers are moving away from consoles (which are dedicated to gaming) and moving onto more versatile platforms such as the personal computer, mobile phones and tablets.
“The industry is moving in our direction,” Mahoney said at the company’s Tokyo headquarters April 18. “We’d like to buy teams in intellectual properties early in what we consider to be their total lifetimes and then grow them.”
Nexon’s stock price now stands 19.69% above where it did when the company went public on the Tokyo Stock Exchange on December 13, 2011.