HYBE Reports Over 20% Increase in Q2 2026 Transactions with Weverse Company Totaling 190.7 Billion KRW
HYBE disclosed a change in transactions with its affiliate Weverse Company on June 30, 2026, due to an over 20% increase in actual transaction amounts compared to prior estimates.
The actual transaction period covers Q2 2026 from April 1 to June 30, with total transactions of KRW 19.071 billion comprising sales of KRW 5.673 billion and purchases of KRW 13.398 billion, representing 2.09% of the previous fiscal year sales of KRW 912.673 billion.
Transaction details include product sales of albums KRW 2.722 billion, service transactions for content etc. KRW 1.497 billion and platform fees KRW 13.398 billion, and shared service transactions for business support KRW 1.454 billion, all conducted via cash private contracts.
The transaction was approved by the internal transaction committee of the board with all three outside directors and the auditor present, ensuring procedural compliance.
[AI Summary]This disclosure reflects routine operational transactions between affiliates with no capital raising or share structure changes. The direct impact on shareholder value is limited and neutral.
KOSPI Filing Information
Change in Goods and Services Transactions with the Same Person and Affiliated Companies