POSCO Future M's Regular Corporate Group Disclosure: Maintains 58.18% Ownership Structure, Adds 3 New Affiliates, Financial Position Stable


  • POSCO Future M's largest shareholder is POSCO Holdings with a 58.18% stake, and the total stake of the same-side party including registered executives and related parties stands at 60.64%.
  • During the current designated year, three companies were newly included as affiliates: FutureGraph (newly established), Yingkou PFM Refractories (equity acquisition), and FUTUREM VIETNAM (equity acquisition).
  • Individual financials for the last fiscal year (2025): total assets 7.83T KRW, total liabilities 3.93T KRW, total equity 3.90T KRW, debt-to-equity ratio 100.68%, indicating a sound financial structure.
  • Individual income for the last fiscal year: revenue 2.68T KRW, operating profit 23.6B KRW, net income 31.8B KRW.
  • The company holds eight overseas affiliates in Canada, China, Indonesia, Vietnam, etc. Notably, debt guarantees for ULTIUM CAM amount to approximately 476.8B KRW.
  • Among affiliate transactions, securities transactions with POSCO Holdings account for the largest portion at 528.9B KRW, while product and service sales to POSCO amount to 1.08T KRW.
  • At the regular shareholders' meeting in March 2026, cumulative voting was introduced through an amendment to the articles of incorporation, strengthening minority shareholder rights.
  • [AI Comprehensive Analysis]This is a routine corporate group disclosure with no unexpected good or bad news. The financial structure is stable, but the operating margin is only 0.9%, so earnings improvement will be a key factor for the stock price.

KOSPI Filing Information


  • Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]
  • Company: POSCO FUTURE M (003670)
  • Submission: POSCO FUTURE M CO., LTD.
  • Receipt: 05-28-2026
  • Under Fair Trade Commission (KFTC)