Daewon Media (CEOs Jung Wook and Jung Dong-hoon), a leading South Korean culture and content company, announced in a regulatory filing on the 14th that it recorded consolidated revenue of ₩102.52 billion for the first quarter of 2026. This represents a 74.6% increase compared to the same period last year, marking significant top-line growth. Operating profit reached ₩1.94 billion, and net profit hit ₩1.27 billion, reflecting phenomenal year-on-year growth rates of 62.4% and 1313.3%, respectively.

The core drivers of this performance increase are analyzed to be the sustained market interest in Nintendo's next-generation console, the 'Nintendo Switch 2,' alongside the launch of the popular title 'Pocopia,' which propelled revenue growth. Additionally, the company successfully diversified its profit structure by balancing B2B operations with B2C initiatives, such as operating direct retail stores, within the rapidly growing sector of random figure and capsule toy distribution.

Cho Hyung-in, CFO of Daewon Media, stated, "With price hikes anticipated for both the Nintendo Switch 2 and existing game consoles, we are seeing a surge in pre-emptive demand. Consequently, we expect our distribution business in the second quarter to significantly exceed initial projections from the start of the year." He added, "As the 'Studio Ghibli' exhibition, which we have spent the last three years preparing, is scheduled to open in the third quarter, we also anticipate long-term growth in our exhibition content business division."