“LawBreakers sales reviewed below our expectations”
In the results report for the third quarter of 2017 Nexon the company canceled the total value by Lawbreakers, which means that the value of the game in its balance is 0 $. If Nexon did not eliminate the amount of money it lost with the title, Lawbreakers’ cancellation accounted for the majority of total “other expenses” in the quarter, totaling about $ 32.6 million.
Q – Masaru Sugiyama, Analyst, Goldman Sachs Japan Co., Ltd.
Now the next question is in terms of other expenses, do you have an impairment or something else
extraordinary expenses included in other expenses?
A – Shiro Uemura, Representative and Chief Financial Officer, NEXON Co., Ltd.
This is Uemura again. That is the question I would like to answer. In the 3rd quarter, in other expenses,
impairment is included. And out of the total number, LawBreakers-related impairment indeed
accounts for the majority of this amount. And also in terms of impairment for LawBreakers, this is
all so that we will not incur any other impairment losses relating to LawBreakers in the future.
Playerunknown’s Battlegrounds is the reason he broke it Offender and then noted Shiro Uemura, CFO of Nexon. “Our results in North America in the third quarter were reviewed below our outlook, primarily due to the fact that LawBreakers sales were reviewed below our expectations,” he added in a Q&A session with analyst Goldman Sach. “LawBreakers is a unique FPS developed for a public audience. We had high expectations for the launch; without embargo, the timing of its launch resulted in being overlooked, specifically to coincide with exit PlayerUnknown’s Battlegrounds collapsed almost at the same time, making the market environment very difficult for first-person shooters in general and for LawBreakers, ”Uemura concluded.
Our results in North America in the third quarter were below our expectations, primarily due to sales from
LawBreakers is below our expectations. LawBreakers is a unique FPS developed for core users. We
had very high expectations for the launch; however, the timing of the launch proved to be unfortunate,
specifically the blockbuster PC online game PlayerUnknown’s Battlegrounds just came out
at the same time, making the market environment very harsh for first-person shooters in general and for
Other interesting facts that will be revealed in the earnings report are the upcoming titles that will run through the hands of Nexon and as Battlerite, which despite the expected access has done nothing, is one of a kind. The others that asoman are Moonlight Blade, which we hope will decide to turn it west.
What do you think of the titles that will be influenced by Nexon? Will we soon see LawBreakers as free to play on Steam?