Amorepacific 2026 Corporate Group Status Disclosure: Sound Financial Structure, Stable Governance
Amorepacific (the filer) reported total assets of 5,625,244 million KRW, total liabilities of 567,973 million KRW, and total equity of 5,057,271 million KRW as of end-2025, with a debt ratio of only 11.23%, indicating excellent financial health.
For the same period, the individual income statement showed revenue of 2,653,726 million KRW, operating profit of 212,515 million KRW, and net income of 317,920 million KRW, maintaining stable profitability.
In terms of governance, the controlling shareholder Suh Kyung-bae directly owns 10.32% of common shares, and the affiliate Amorepacific Holdings Co., Ltd. owns 38.04%, with the combined stake of the controlling party reaching 50.36%, ensuring stable management control.
The company operates 27 overseas subsidiaries in Hong Kong, China, Taiwan, Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines, US, Canada, France, Japan, India, Australia, UK, etc., with most being 100% owned, demonstrating strong control over global operations.
The board consists of 5 inside directors (including Suh Kyung-bae and Kim Seung-hwan) and 6 outside directors, with 7 committees including Audit Committee and ESG Committee.
Related-party transactions for goods and services totaled 85,499 million KRW, representing 3.2% of revenue, and management service fees paid to the holding company were 1,616 million KRW, which is typical.
Receivables from affiliates stood at 12,689 million KRW, and debt guarantees provided for overseas subsidiaries amounted to 263,760 million KRW, supporting financing for key cash-generating subsidiaries.
In 2025, RSUs of 10,537 shares were granted to the controlling shareholder Suh Kyung-bae but were fully cancelled at his will; RSUs and stock grants to executives were minimal relative to total shares outstanding, limiting dilution impact.
[AI Summary]This is a routine annual disclosure for a large corporate group, containing expected financial and governance information. The ultra-low debt ratio of 11.23% and stable controlling stake (50.36%) reduce investment risk, but no new growth drivers or shareholder return policy changes are included, resulting in a neutral impact on the stock price.
KOSPI Filing Information
Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]