Craftton, Nexon-Netmarble

In 2017 and 2018, Nexon and Netmarble were attracting attention by joining a group of corporate companies called “semi -corporations”. Since then, there has been no new game company, but this time, Craftton has been named a large company.

The Fair Trade Commission (hereinafter referred to as the FTC) will designate 76 corporate groups as the “Corporate Group” on May 1. Among the 76 groups announced this time, there are three game companies, Netmarble, Nexon and Craft T1. Craftton was designated as a group of companies that were classified as semi -large companies, and Netmarble and Nexon were designated as mutually restrained corporate groups classified as large companies.

The business group to be disclosed is a company with an asset of more than 5 trillion won, and the total assets of the assets are more than 10 trillion won. The reason why the FTC designates is to prevent the public's disclosure obligations to large companies and to provide unfair benefits to the total price by “driving”.

The newly designated Craepon Asset is 6.6 trillion won in 2022, and the total number of corporate (the same person) is Chairman Jang Byung -kyu, the largest shareholder. In addition, there are 10 subsidiaries, 740 Games, Tip Tow Games, Blue Hol Studio, Rising Wings, Dream Motion, Shingsflow, 5 Min Lab, and Bitwines. The FTC presented the new designation of the craft tone as a major reason for the inflow of public funds and sales growth.

Business groups to be disclosed are obliged to disclose under the Fair Trade Act. Specifically, large -scale internal transactions, unlisted companies' important matters and corporate group status. In addition, unfair profits for related parties, including the head of the company, are also prohibited. Related parties include the head of the spouse, the spouse, the bloods within 6 villages, and the relatives within 4 villages. In addition, the status of holding equity, the transaction details, etc., must be disclosed, and cannot be traded with a favorable condition with affiliates with a 20% stake.

Among them, mutually restricted companies have mutual investments (to exchange capital between corporations by exchanging capital between corporations), circulating investments (subsidiaries within the group and investing in the group to increase capital, and as a result, they can strengthen their dominance with low total capital. It is prohibited from debt guarantee (if a company does not pay off the debt), it is prohibited to guarantee that other companies will pay back.

Meanwhile, the FTC said that even after the major IT major groups, including Nexon and Netmarble, were designated as disclosure companies, the total amount of assets increased. In fact, Nexon was the first to be 5.5 trillion won in 2017, but increased by 105.4% by 11.3 trillion in 2022. Netmarble's first asset in 2018 was 5.7 trillion won in 2018, but by 2022, 13.3 trillion seniors increased 133.3%. In terms of total assets, Netmarble, Nexon, and Craft Tone.