DN Group Annual Corporate Group Status Disclosure: 33 New Affiliates Added via Heller Acquisition, Financial Indicators Remain Stable


  • DN Group (representative company: DN Automotive) disclosed its annual corporate group status. As of end-2025, total assets reached 5.81 trillion KRW, equity 3.57 trillion KRW, and debt ratio 62.6%, indicating a stable financial structure.
  • Group-wide revenue was 2.92 trillion KRW, operating profit 556 billion KRW, and net income 418.7 billion KRW. Key affiliate DN Automotive recorded revenue of 986.3 billion KRW and operating profit of 107.1 billion KRW.
  • Controlling shareholder Kim Sang-heon and related parties hold 52.9% of shares; including treasury shares (11.5%), management control remains stable. Outside the holding company system are DTR (100% owned by related parties) and Brave New Investment (100% owned by affiliates).
  • During the period, 33 new affiliates were added (including 29 from the Heller Group), with no deletions, resulting in a net increase of 33. DN Solutions acquired 100% of Germany's Heller, accelerating global expansion in machine tools.
  • Related-party transactions for goods and services totaled 1.22 trillion KRW (1.20 trillion KRW overseas), mostly normal transactions with foreign subsidiaries. Debt guarantees outstanding amounted to 429.4 billion KRW, with internal transaction ratios being minimal.
  • DN Solutions resolved to pursue an IPO at its January 2026 board meeting. Potential equity value changes exist, but no specific schedule has been announced as of the disclosure date.
  • Shareholder returns: DN Automotive declared interim and cash dividends (board resolution on Feb 12, 2026), and DN Solutions maintained normal dividend policy with record date decisions.
  • [AI Comprehensive Analysis]This is a periodic corporate group status report with no immediate impact on stock price. However, the group's expansion via Heller acquisition, financial stability, and DN Solutions' IPO plan are positive mid-to-long-term factors. Investors should monitor IPO progress and synergy realization in the global machine tool market.

KOSPI Filing Information


  • Filing: Large Corporate Group Status Disclosure [Annual and Q1 Filing (Representative Company)]
  • Company: DN AUTOMOTIVE (007340)
  • Submission: DN AUTOMOTIVE CORPORATION
  • Receipt: 05-29-2026
  • Under Fair Trade Commission (KFTC)