❝Based on comprehensive judgment, we maintain the company's target stock price at 430,000 won and continue to maintain our opinion as the best stock in the gaming industry. The target stock price is the result of applying the target PER of 15 times to the 26E controlling shareholder's net profit of 618.2 billion won. Considering Lineage Classic's strong sales compared to previous expectations, the related top line and contribution margin estimates were raised, while for Aion 2, considering game balance and user fatigue issues, the sales estimates for Korea and Taiwan were lowered compared to the previous ones. However, in positive consideration of the issues that will reflect the consensus of the majority of the development team before the global launch of Aion 2 variables, the global standard AU and sales estimates based on it were applied the same as before. ❞