LOTTE Himart Releases Annual Group Status Disclosure: Net Loss but Stable Financial Structure
LOTTE Himart disclosed its business group status as a Lotte affiliate. As of the base date (May 28, 2026), based on individual financial statements for FY2025, total assets were 1.79 trillion KRW, total liabilities 847.9 billion KRW, and total equity 942.9 billion KRW, resulting in a debt ratio of 89.92%.
Sales reached 2.30 trillion KRW with operating profit of 9.6 billion KRW, but net loss of 2.44 billion KRW due to other expenses. Interest expense was 27.6 billion KRW, indicating a need for profitability improvement.
The largest shareholder is Lotte Shopping with 65.25% (15.40 million shares). Including treasury shares of 2.00% (0.47 million shares), the Lotte group holds 67.26%, while minority shareholders hold 32.74%.
The board consists of three inside directors (including CEO Nam Chang-hee) and four outside directors (including audit committee members). Key resolutions over the past year included the Lotte RMN business contract, approval of financial statements, and delegation of bond issuance.
Affiliate transactions include lease liabilities of 5.27 billion KRW to Lotte Shopping and others, goods/services sales of 995 million KRW (domestic affiliates), and receivables of 9.517 billion KRW (all real assets). No separate debt guarantees or collateral provisions were reported.
[AI Comprehensive Analysis]This disclosure is a routine group status report with no specific positive or negative events. Although the net loss is negative, the financial structure remains stable, and the high controlling stake reduces the risk of management change. However, intensifying competition in electronics retail and rising online penetration will be key variables for future profitability and stock price.
KOSPI Filing Information
Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]