2007 2 7 NCsoft CORPORATION OK-san Bldg 157-33, Samsung-dong, Kangnam-gu, Seoul 135-090, KOREA Tel: +82-2-2186-3300 Fax : +82-2-2186-3550 Copyright NCsoft Corporation. All Rights Reserved WWW.NCSOFT.COM
Table of Contents 01. Disclaimer 02. Consolidated Company 03. Earnings Highlights 04. Game Launch Schedule 05. Guidance 06. User Statistics 07. Appendix Parent Earnings 01 08 09 11 14
Disclaimer Disclaimer 2006 4.,.,,,.
Consolidated Company The consolidated company NCsoft (Controlling Company) NC Interactive (100%) Orion Soft (100%) ArenaNet (100%) J Interactive (100%) NC Europe (100%) NCRC (100%) NC Japan (60%) NCsoft Japan (100%) NC China (100%) NC Taiwan(85%) NC True (49%)
Earnings Highlights Quarterly Annual ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) 90,221 84,981 6% 338,679 338,803 0% - 85,463 79,589 7% 316,923 309,538 2% - 4,758 5,392-12% 21,756 29,265-26% 74,806 67,486 11% 295,401 262,171 13% 15,415 17,495-12% 43,278 76,632-44% (%) 17% 21% 13% 23% 17,652 18,257-3% 50,016 84,567-41% (%) 20% 21% 15% 25% 18,650 12,801 46% 38,052 66,678-43% (%) 21% 15% 11% 20% 1/19
Earnings Highlights 4Q 06 12% 9% 20% 54% Quarterly Annual ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) 53,459 53,940-1% 215,161 221,778-3% - 48,826 48,632 0% 193,880 192,832 1% - 4,633 5,308-13% 21,281 28,946-26% 5% 18,008 15,791 14% 60,869 68,766-11% 10,776 6,115 76% 30,065 17,914 68% 11% 3Q 06 7,978 9,135-13% 32,584 30,345 7% 90,221 84,981 6% 338,679 338,803 0% 7% 19% 57% 6% 2/19
Earnings Highlights 4Q 06 22% 1% 35% Quarterly Annual ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) 29,988 29,504 2% 118,049 115,012 3% 30,581 31,135-2% 119,206 118,953 0% / 6% II 36% 5,532 7,429-26% 25,016 34,265-27% 18,635 11,264 65% 52,600 41,308 27% 727 257 183% 2,052 New 14% 3Q 06 0% 85,463 79,589 7% 316,923 309,538 2% / 9% 37% II 39% 3/19
Earnings Highlights ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) 2,922 3,329-12% 12,870 15,173-15% 2,810 3,214-13% 12,430 14,779-16% 92 94-2% 357 277 29% 20 21-5% 83 117-29% II 1,634 1,935-16% 8,207 13,139-38% 1,170 1,446-19% 6,123 9,450-35% 154 175-12% 806 2,534-68% 310 314-1% 1,278 1,155 11% 65 33 97% 148 - New 65 33 97% 148 - New - - - - 539-100% 137 95 44% 531 414 28% 4,758 * 5,392-12% 21,756 29,265-26% 4/19
Earnings Highlights ( + ) ( : ) 4Q 06 3Q 06 QoQ(%) % of total sales % of total cost FY '06 FY '05 YOY(%) 37,402 29,829 25% 41% 50% 130,854 104,498 25% 4,935 4,743 4% 5% 7% 19,687 17,102 15% 11,262 11,233 0% 12% 15% 57,917 45,673 27% - 2,540 2,390 6% 3% 3% 9,917 9,732 2% - 2,185 2,052 6% 2% 3% 8,500 9,974-15% - 6,537 6,791-4% 7% 9% 39,500 25,967 52% 2,299 2,141 7% 3% 3% 8,585 11,558-26% 4,530 3,402 33% 5% 6% 20,921 29,593-29% 14,378 16,138-11% 16% 19% 57,438 53,747 7% : 74,806 67,486 11% 83% 100% 295,401 262,171 13% (*) (2,269 ), (1,269), (3,508), BOX (2,533) 5/19
Earnings Highlights Quaterly Annual ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) NC Taiwan 2,775 3,582-23% 15,144 21,103-28% (TW Mn 98.1) (TW Mn 120.7) (TW Mn 515.1) (TW Mn 661.7) NC China 727 728 0% 3,343 8,367-60% (RMB Mn 6.2) (RMB Mn 6.1) (RMB Mn 27.9) (RMB Mn 66.9) NCTrue 526 507 4% 2,203 1,215 81% (Baht Mn 20.5) (Baht Mn 20.3) (Baht Mn 87.4) (Baht Mn 47.8) 4,028 4,817-16% 20,690 30,685-33% 6/19
Earnings Highlights Quaterly Annual ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) (163) (83) (302) 16 (42) (16) (114) 16 (121) (67) (188) - (897) (1,257) (3,655) (1,791) NC China (443) (597) (1,263) 38 NC Taiwan (254) (18) (809) 1,303 NC True (149) (246) (945) (2,026) NCRC 5 (45) (89) (1,106) NCsoft Japan (56) (351) (549) - (1,060) (1,340) (3,957) (1,775) 7/19
Game Official Launch Schedule ( 07) F/F Test Closed Beta Aion Ver. 2.0 2.0 Casual Game Portfolio Service Platform / Exteel (In-game item sales) Dungeon Runners (Membership pkg.) Tabula Rasa Guild Wars (New update) Guild Wars 8/19
Earnings Guidance 2007 ( : ) 2007 (I) YoY(%) 2007 (II) YoY(%) 2006 367,000 8% 358,000 6% 338,679-348,000 10% 339,000 7% 316,923 113,000-4% 113,000-4% 118,049 II 133,000 12% 133,000 12% 119,206 CoH/CoV 21,000-16% 21,000-16% 25,016 44,000-15% 44,000-15% 52,033 37,000 1313% 28,000 969% 2,619-19,000-13% 19,000-13% 21,756 318,000 8% 316,000 7% 295,401 49,000 13% 42,000-3% 43,278 (%) 13% 12% 13% 57,000 14% 50,000 0% 50,016 (%) 16% 14% 15% 07 NC Taiwan 9/19
Earnings Highlights ( : ) 2006 2005 506,490 457,114 49,376 373,405 324,292 49,113 ( 49,369 30,487 18,882 ( 250,849 231,727 19,122 ( 39,195 37,505 1,690 133,085 132,822 263 ( 40,745 33,567 7,178 ( 84,599 84,972-373 85,221 61,434 23,787 79,752 55,693 24,059 5,469 5,741-272 ( - - - 421,269 395,680 25,589 ( 10,194 10,177 17 10/19
User Statistics ( ) 2006 12 42 43 43 43 43 43 43 43 45 135,075 149,946 151,113 150,863 187,786 161,038 144,109 138,733 144,430 1,298,718 1,197,295 1,166,001 1,220,491 1,627,159 788,180 746,291 716,772 775,579 250,266 251,483 257,385 256,758 309,452 299,313 262,019 266,564 302,469 36 36 36 36 38 39 40 40 40 141,783 155,014 138,623 135,731 134,462 157,365 159,309 168,218 177,571 592,341 579,679 475,066 428,152 472,156 470,855 434,623 445,636 423,212 6 6 6 6 6 6 6 6 6 13,614 16,864 13,498 12,550 14,534 12,448 12,836 12,643 10,599 70,885 69,623 68,182 69,538 74,671 76,027 69,641 76,191 80,019 11 11 10 10 10 10 11 11 11 9,853 10,473 12,564 14,586 14,149 18,376 20,399 17,246 19,551 115,805 123,665 108,388 140,422 110,182 152,466 139,669 107,644 117,407 3 3 3 3 3 3 3 3 3 1,451 1,660 2,205 1,844 2,200 2,224 2,311 2,780 3,732 7,634 7,623 8,586 6,760 9,059 9,759 9,685 9,727 11,953 * : * : 1 unique * : 11/19
User Statistics ( II) 2006 12 32 32 32 33 33 33 33 33 33 123,587 109,381 104,900 109,814 119,345 116,897 110,183 97,558 113,369 1,037,068 1,004,145 926,535 944,372 730,837 531,701 508,041 499,894 482,173 169,701 167,427 151,997 165,239 174,170 179,298 174,582 165,558 187,005 21 21 22 22 22 22 22 22 22 72,557 86,068 87,722 68,617 71,301 78,550 72,713 66,497 55,571 232,223 251,058 240,911 238,620 198,795 205,661 171,408 160,316 123,006 9 9 10 10 10 11 11 12 12 36,200 33,745 39,727 35,381 40,088 44,631 48,843 50,188 52,684 82,409 86,260 104,797 102,774 105,097 111,046 111,569 112,670 113,774 37 41 44 21 22 23 15 17 15 93,904 122,855 86,463 54,353 43,026 37,806 18,438 18,085 16,888 651,652 700,241 424,355 358,305 354,395 299,675 212,173 204,269 180,584 9 9 9 9 9 9 9 10 10 17,781 20,912 22,493 23,923 28,309 32,767 32,099 42,287 32,732 61,835 65,644 66,138 66,975 76,435 89,337 83,221 94,000 105,039 10 10 8 4 5 5 5 15,714 13,567 10,202 11,000 7,941 7,616 6,596 51,810 75,545 59,938 64,920 52,516 45,778 31,727 12/19
User Statistics ( / ) 2006 12 11 15 15 15 15 15 15 15 15 15,741 21,283 20,911 22,340 23,730 23,699 22,274 21,500 17,728 124,435 140,481 162,922 150,068 194,000 171,951 171,000 172,420 154,953 ( ) 2006 12 2005 6 2005 9 2005 12 2006 3 2006 6 2006 9 2006 12 650,000 +1,000,000 +1,270,000 +1,490,000 +2,080,000 + 2,447,000 + 3,122,000 13/19
Appendix Parent Earnings & Quarterly Annual ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) 57,686 56,878 1% 227,456 232,804-2% - 48,826 48,632 0% 193,880 192,832 1% - 8,860 8,246 7% 33,576 39,972-16% 46,235 42,523 9% 175,610 160,783 9% 11,451 14,356-20% 51,846 72,021-28% (%) 20% 25% 23% 31% 18,969 16,411 16% 47,266 81,562-42% (%) 33% 29% 21% 35% 18,650 12,801 46% 38,052 66,678-43% (%) 32% 23% 17% 29% 14/19
Appendix Parent Earnings - Quarterly Annual ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) 28,128 27,480 2% 110,721 106,265 4% PC 5,682 5,735-1% 22,218 24,652-10% 22,446 21,745 3% 88,503 81,613 8% II 20,611 21,077-2% 82,558 84,961-3% PC 6,179 6,550-6% 25,682 32,830-22% 14,432 14,527-1% 56,876 52,131 9% 87 74 18% 601 1,606-63% Total 48,826 48,631 0% 193,880 192,832 1% 15/19
Appendix Parent Earnings Quaterly Annual ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) 3,494 3,772-7% 14,762 17,278-15% 2,810 3,214-13% 12,430 14,779-16% 421 350 20% 1,484 1,782-17% 92 94-2% 357 278 28% 151 93 62% 408 323 26% 20 21-5% 83 116-28% II 5,197 4,333 20% 18,370 22,061-17% 1,170 1,446-19% 6,122 9,450-35% 2,497 1,603 56% 6,843 5,513 24% 154 175-12% 806 2,533-68% / 1,066 795 34% 3,321 3,408-3% 310 314-1% 1,278 1,157 10% 158 130 22% 387 - New 65 33 97% 148 - New 93 97-4% 239 - New - - - - 539-11 11 0% 57 94-39% 8,860 8,246 7% 33,576 39,972-16% 16/19
Appendix Parent Earnings ( + ) ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) 27,399 21,860 25% 48% 59% 95,332 74,607 28% 3,102 2,867 8% 5% 7% 11,153 11,225-1% 5,238 6,194-15% 9% 11% 23,868 23,052 4% 1,581 1,541 3% 3% 3% 6,406 6,500-1% 983 1,074-8% 2% 2% 4,432 4,780-7% 2,674 3,579-25% 5% 6% 13,030 11,772 11% 2,299 2,141 7% 4% 5% 8,585 11,558-26% 2,552 1,928 32% 4% 6% 12,116 18,484-34% 5,645 7,533-25% 10% 12% 24,556 21,857 12% 46,235 42,523 9% 81% 100% 175,610 160,783 9% 17/19
Appendix Parent Earnings Quaterly Annual ( : ) 4Q 06 3Q 06 QoQ(%) FY '06 FY '05 YoY(%) (163) (83) (302) 16 (42) (16) (114) 16 (121) (67) (188) - 4,658 (756) (15,304) 1,216 NC Interactive 4,827 2,785 73% (7,525) 2,170 NC Japan (558) 573 1,116 4,737-76% ArenaNet (583) (1,078) (5,854) (4,000) NC China (443) (597) (1,263) 38 NC Taiwan (254) (18) (809) 1,303 NC Europe 1,869 (1,779) 614 100 514% NC True (149) (246) (945) (2,026) NCRC 5 (45) (89) (1,106) NCsoft Japan (56) (351) (549) - 4,495 (839) (15,606) 1,232 19/19