47th fiscal year dividend per share 250 won (dividend yield 4.92%), dividend decision announced before record date (Mar 27, 2026) on Mar 10, 2026, enhancing predictability.
9 out of 15 core governance indicators non-compliant (e.g., no 4-week advance notice of AGM, no annual dividend policy communication, no CEO succession plan, no internal control policy, board chair not independent, no cumulative voting, no gender diversity, no quarterly audit committee meetings without management).
Board comprises 3 inside directors (including 2 co-CEOs) and 3 outside directors (all male, average age 64); chair is an inside director, lacking independence.
Audit committee consists entirely of outside directors (accounting, law, mechanical engineering experts), ensuring independence, but quarterly meetings without management attendance are not held.
Internal transactions with major shareholders and related parties are subject to board approval and restrictions, with measures to prevent unfair dealings.
Consolidated revenue 787.3B won, operating profit 24.2B won, net income 13.6B won, slightly up YoY; dividend payout ratio 32.8% (consolidated) remains high.
[AI Comprehensive Analysis]The company fails to comply with many core principles of the corporate governance code, posing risks to management transparency and shareholder rights. The dual role of board chair, lack of gender diversity, absence of CEO succession and internal control policies could negatively impact long-term enterprise value. Although improvement plans have been announced, their actual implementation will be a key variable for future stock price outlook.