The company intends to broaden its portfolio by leveraging popular comic and webtoon IPs through a collaboration with The Grim Entertainment.

The company targets renewed profitability through operational efficiency, strategic investments, and stronger execution to restore market trust and shareholder value.

CEO emphasizes focusing on high-quality titles with global potential and transparent communication with users and shareholders to support sustained growth and rebuilding internal strength.

Management reiterates no plans for mergers with LINE Games, but openness to strategic partnerships, while strengthening treasury share buybacks and introducing RSU programs to align management, employees, and shareholders.

CFO notes Q2 and Q3 as revenue troughs, with meaningful growth expected in Q4 and profitability in Q1 next year, supported by conservative release schedules and cost-cutting.

Management attributed results to stabilization at a lower revenue level from existing live titles and a gap in new releases.

Odin Q is slated for a January 2027 release to stabilize market entry, featuring fast-paced quarter-view combat and nation-level warfare designed to complement the original Odin without cannibalizing it.

Kakao Games is undergoing a strategic reorganization in the third quarter under a new management system to bolster mid- to long-term growth, with a focus on core IP and project reviews for sustainable expansion.

The overhaul emphasizes strengthening future growth by prioritizing core IP and conducting a comprehensive review of ongoing and potential projects.

Operating expenses fell by about 21% to 98 billion KRW, while labor costs rose about 6% to 39.2 billion KRW due to one-off severance payments; marketing and commission costs declined notably.

The company plans to use 300 billion KRW from new capital and convertible bonds to prepay debt and cut financial costs, with treasury shares partly retired and an extraordinary general meeting set to convert capital reserves into retained earnings to support shareholder value.

Portfolio expansion includes securing global publishing rights for ArcheAge S: Strait of Freedom and Guardian Maiden, and a collaboration with The Grim Entertainment to develop and service games using popular comic and webtoon IPs.