STX Engine Corporate Governance Report: 7/15 Core Indicators Met, No Dividend, Multiple Governance Improvements Needed


  • 7 out of 15 core governance indicators met (up from 6 last year), with new compliance on dividend predictability.
  • Shareholder meeting notice not given 4 weeks in advance (only 2 weeks), but electronic voting is implemented.
  • No dividends paid due to accumulated losses; shareholder return policy to be established.
  • Board consists of 1 inside director, 1 non-executive, 2 outside directors, all male, with CEO serving as chair.
  • Full-time auditor appointed but no accounting/finance expert; internal audit department exists.
  • Major shareholder holds 61.68%, minority shareholders 29.94%.
  • Consolidated revenue 789.3B KRW, operating profit 69.6B, net income 68.9B (significant YoY increase).
  • [AI Summary]STX Engine's governance report shows improvement but still has many shortcomings, notably lack of shareholder returns and board diversity. While financial performance improved, absence of dividend policy requires long-term value enhancement efforts.

KOSPI Filing Information


  • Filing: Corporate Governance Report Disclosure
  • Company: STX Engine (077970)
  • Submission: STX Engine Co., Ltd.
  • Receipt: 06-01-2026
  • Under KRX KOSPI Market Division