Paradises Strengthens Shareholder Returns with 541K Share Cancellation and Dividend Hike, Continues Value-Up via Governance Enhancement
Paradise Co., Ltd. cancelled 541,130 treasury shares on June 4, 2025, enhancing shareholder value, representing approximately 0.58% of total outstanding shares.
The company declared a cash dividend of 150 won per share for FY2025, maintaining the same level as the previous year, totaling approximately 13.1 billion won.
The audit committee is composed entirely of four outside directors, including two accounting/finance experts, significantly strengthening independence and expertise.
At the March 2026 AGM, the company adopted cumulative voting and advanced dividend procedures (setting dividend amount before record date), establishing a shareholder-friendly governance system.
Consolidated revenue reached 1.15 trillion won in 2025, up 7.3% YoY, and operating profit was 155.8 billion won, up 14.5% YoY, reflecting solid performance.
The largest shareholder holds 45.26% and minority shareholders 45.89%, maintaining a stable ownership structure.
[AI Summary]Through this governance report, Paradise demonstrates concrete shareholder return policies including share cancellation and dividend increase, while enhancing transparency via audit committee independence and charter amendments, sending a positive signal for long-term enterprise value growth.