KoMiCo 2025 Value-Up Plan Implementation: Revenue 604.1 Billion KRW, Dividend Payout 28.3%, Free Share Issue and Stock Split to Enhance Shareholder Value
KoMiCo disclosed the implementation status of its 2025 Value-Up Plan, reporting continued stable growth toward mid- to long-term targets. Consolidated revenue reached 604.1 billion KRW and EBITDA 162.3 billion KRW in 2025, improving profitability, while the dividend payout ratio of 28.3% exceeded the target by 3.3 percentage points.
As part of shareholder return policies, the company paid a dividend of 1,400 KRW per share and amended its articles of incorporation to introduce quarterly dividends. It also executed a 1:1 free share issue to boost stock trading liquidity and decided on a stock split reducing par value from 500 KRW to 200 KRW, subject to approval at an extraordinary general meeting in July 2026.
Governance improvements included expanding its stake in Mico Ceramics and enhancing affiliate cooperation for business synergies. Active investor relations efforts comprised 8 domestic and international NDRs and corporate days, 15 face-to-face IR meetings, and 98 online conference calls.
[AI Summary]This disclosure by KoMiCo reviews the implementation of its existing Value-Up Plan with no new capital raising or major capital changes, implying a neutral impact on the stock price. While revenue growth and dividend expansion are positive, the increase in outstanding shares from the free share issue and stock split may create short-term dilution pressure.
KOSDAQ Filing Information
Corporate Value Enhancement Plan (Voluntary Disclosure) (2025 Implementation Status)