Nexon's Unimpressive Mobile Business - Real Problem Is Low Morale Among Its Game Developers

Japan TMT Analyst

Pelham Smithers

Market Intel on Asian Tech with a Japan focus

Pelham Smithers Associates

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods. 

Research is provided by the following:
Pelham Smithers: Macro, consumer electronics, telecoms & pharma
Joel Scheiman: Electronics materials / components
Julie Boote: Autos
Will Nestuk: Capital goods, machinery & transportation equipment parts
Thao Nguyen: eCommerce, internet content, marketing & advertising

Event-Driven

<p>The Japanese stock market is replete with companies that never quite deliver on their potential. Some seem to just miss the target time after time, whilst others fail at the last hurdle, but there are probably not any more frustrating stocks than <strong><a href="https://www.smartkarma.com/entities/16032" target="_blank" data-smartkarma-citation="entities:16032:1">Nexon</a></strong>. Ever since the shares were listed, the company has sat on a huge and growing cash pile, one that has almost trebled since the IPO. As a consequence the debate has been whether the shares are "cheap and cheerful" or "cheap and nasty". On the…</p>

The Japanese stock market is replete with companies that never quite deliver on their potential. Some seem to just miss the target time after time, whilst others fail at the last hurdle, but there are probably not any more frustrating stocks than Nexon. Ever since the shares were listed, the company has sat on a huge and growing cash pile, one that has almost trebled since the IPO. As a consequence the debate has been whether the shares are "cheap and cheerful" or "cheap and nasty". On the…

NTT (Nippon Telegraph & Telephone) (9432 JP)

Nexon... When Saving Money Is Not in Investor Interests, Only Management's