CJ Group Business Status Disclosure: Routine Report Showing 65 Affiliates, Assets of 39.3T KRW, Net Income of 71.8B KRW
CJ Group operates 65 domestic affiliates (1 financial) and 406 overseas entities, with a net decrease of 6 companies year-on-year (22 new, 28 excluded)
Ownership structure: Controlling shareholder Lee Jae-hyun holds 42.07% of CJ Corp., which in turn controls key affiliates such as CJ CheilJedang (44.55%), CJ Logistics (40.16%), and CJ Olive Young (51.15%)
Financials: Total assets of 39.3T KRW, total liabilities of 20.5T KRW, equity of 18.8T KRW, debt-to-equity ratio of 109.24%; net income of 71.8B KRW on a separate basis
Key affiliate performance: CJ CheilJedang operating profit of 185.6B KRW (net loss of 589.6B KRW), CJ Logistics operating profit of 353.1B KRW (net profit of 206.9B KRW), CJ Olive Young operating profit of 744.7B KRW (net profit of 554.7B KRW)
Intra-group transactions: Total goods/services transactions among affiliates reached 3.59T KRW, representing 10.9% of total sales; royalty income of 133.1B KRW and active logistics/IT service dealings
Debt guarantees: Outstanding guarantees of 5.3T KRW mainly provided by CJ CheilJedang and CJ Logistics for overseas subsidiaries
Treasury shares: CJ Corp. holds 2,118,544 common shares (7.26%) as treasury stock; no separate dividend announcement, but CJ CheilJedang paid quarterly dividends
[AI Summary]This routine business group disclosure does not involve changes in control or major capital events, thus having limited direct impact on stock price. However, the complex cross-shareholding structure and high proportion of intra-group transactions could pose investment risks, while overall financial stability remains sound.
KOSPI Filing Information
Filing: Large Corporate Group Status Disclosure [Annual and Q1 Filing (Representative Company)]