Domestic listed companies have been undergoing large-scale structural adjustments since the beginning of the year... Paid-in capital increases and share expansions continue one after another.

Major listed companies in South Korea such as The Codi, Mirae Industries, and Com2uS have officially initiated structural adjustments at the beginning of the new year, including paid-in capital increases, share repurchases and cancellations, and expansion of subsidiary equity holdings. Companies are making successive decisions based on various objectives such as financing, improving operational efficiency, and enhancing shareholder value, attracting market attention.

Paid-in capital increases (raising funds from investors through issuing additional shares) continue to be active, mainly among small and medium-sized enterprises. Electronic device component company The Codi has decided to raise 10 billion KRW through a paid-in capital increase via third-party allotment to issue shares for Rist Industry Development. Semiconductor equipment company Mirae Industries has also decided to conduct paid-in capital increases of 5 billion KRW (RoA&Co Holdings) and 6.5 billion KRW (Nexton&Roll Korea), aiming to raise a total of 11.5 billion KRW. These financings are likely to be used for expanding equipment investment or improving financial structure.

There are also signs of seeking investment expansion beyond existing business areas. Electronic component manufacturer Kwangwoo announced plans to acquire stocks worth 12.9 billion KRW in a new materials-related company, Dajin Advanced Materials, securing a 16.7% stake. This move is seen as an effort to explore new businesses and achieve product diversification through strategic investment.

Meanwhile, attempts to strengthen operational control are ongoing. StarTiger Electronics plans to acquire additional stocks of its subsidiary Amazing Holdings valued at 70 billion KRW to consolidate its dominance structure. This can be viewed as a strategic decision to enhance group-level synergy and strengthen operational control over major subsidiaries.

On the other hand, leading mobile game company Com2uS announced it will cancel half of its treasury stock holdings. Treasury stock cancellation involves repurchasing issued shares and canceling them, which reduces total shares outstanding and can increase per-share value and shareholder returns. This move demonstrates Com2uS’s willingness to enhance shareholder value.

In addition, large manufacturing and automotive companies have announced active business plans since the beginning of the year. As one of the leading shipbuilding companies, HD Korea Shipbuilding & Marine set its order target for 2026 at $23.31 billion, representing an ambitious 29.1% increase from the previous year. Kia announced a global sales target of 3.35 million units for 2026, up 130,000 units from the previous year, indicating a continued growth trend.

This trend shows that, with the economic rebound this year, Korean companies’ financing, restructuring, and investment plans are likely to become more active. Especially considering the improvement in macroeconomic conditions and policy incentives (such as stable interest rates and expanded investment tax credits), which may positively impact overall corporate activity, the market expects this to become an opportunity to boost the overall vitality of the stock market.