Samhwa Networks reveals 4.75 billion KRW drama license contract with Japanese broadcaster... long-term revenue visibility enhanced
Samhwa Networks disclosed the contract amount for the drama 'Now, We Are Breaking Up' Japan broadcasting rights license, originally signed in June 2021, after the confidentiality period expired.
The fixed contract amount is 4.752 billion KRW, representing 16.2% of 2020 consolidated revenue (29.3 billion KRW).
The counterparty is Corus Korea, a Japanese content distributor. The contract period is 10 years from June 2021 to May 2031.
This disclosure removes uncertainty about the contract size, reducing risk for investors and reinforcing long-term revenue stability.
[AI Comprehensive Analysis]The contract amount is significant, equivalent to 15% of market cap (31.1 billion KRW), and is expected to generate stable cash flows over 10 years. However, since the contract was already in place, the immediate impact on stock price may be limited.
KOSDAQ Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract