Nexon Retains Top Spot Among Gaming Giants; Krafton Significantly Expands Affiliates

0

Comments0

According to the 2026 list of large business groups subject to disclosure, released by the Fair Trade Commission (FTC) on the 29th, major domestic gaming companies Nexon, Netmarble, and Krafton have maintained their status as large business groups.

Nexon held onto its position as the industry leader with total fair assets of ₩15.1 trillion. This represents a 7.3% increase from the previous year's ₩14.1 trillion, moving the company up one spot in the overall large business group rankings from 41st to 40th.

Netmarble ranked second in the industry with total assets of ₩13 trillion, a 10.5% increase from ₩11.8 trillion the previous year. Despite streamlining its corporate structure by liquidating some entities to improve efficiency, Netmarble maintained its overall ranking of 45th, bolstered by an increase in the value of its assets.

Krafton showed the most notable change, with its total assets growing by approximately 8.8% from ₩8.5 trillion last year to ₩9.2 trillion this year.

Notably, Krafton recorded the second-highest increase in the number of affiliates among all business groups subject to disclosure. By acquiring stakes in game development companies such as Neptune, Krafton expanded its number of affiliates from 9 to 21, contributing to both its asset growth and increased corporate influence.

Large business groups designated under the Fair Trade Act are subject to tiered regulations based on their asset size. Groups with total assets of ₩5 trillion or more are required to disclose their current status, report major developments for unlisted companies, obtain board approval for large-scale internal transactions, and are subject to regulations against the misappropriation of corporate profits by the controlling family.

Business groups subject to mutual investment restrictions—those with total assets exceeding 0.5% of the national GDP (approximately 10 to ₩12 trillion)—face even stricter limitations. These include prohibitions on cross-shareholding between affiliates, circular shareholding, and debt guarantees.

Currently, Nexon and Netmarble meet the criteria for business groups subject to mutual investment restrictions, and Krafton is also expected to be designated as such in the near future as its assets continue to grow.

This article was originally written in Korean and translated with the help of NC AI. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom. [Read Original]

Sort by:

Comments :0

Insert Image

Add Quotation

Add Translate Suggestion

Language select

Report

CAPTCHA