❝ The releases of 'Monster Taming: STAR DIVE' and 'Sol: Enchant' are scheduled. 'Monster Taming' is expected to be a hit due to the popularity of its predecessor and significantly improved graphics, with future plans for PS5 and Xbox expansion. 'Sol: Enchant' is a medieval fantasy MMORPG featuring a unique divine power system; it is expected to provide fresh entertainment and fill the void in the domestic MMORPG market. Expectations are particularly high given the strong performance of the company's MMORPGs released over the past 2-3 years. While initial performance for 'The Seven Deadly Sins: Origin' fell short of expectations, we anticipate a long product life cycle (PLC) through consistent story and character updates. We project the company will return to achieving quarterly operating profits in the ₩100 billion range starting in Q2. The company satisfies all key industry expectations, including new title momentum and benefits from fee restructuring. We maintain our top-pick rating for the sector.❞