1. What Happened? (Event Analysis)

The injunction filed by Mr. Yoon Dong-han (2025la144) was dismissed on September 25th at the plaintiff’s request. While market expectations remain unclear, the removal of legal uncertainty is generally viewed as a positive signal.

2. Why Does it Matter? (Impact Analysis)

The dismissal eliminates uncertainty surrounding business operations and can contribute to improving the company’s image. The plaintiff’s withdrawal suggests a change in their stance on the initial issues raised or the exploration of alternative solutions, potentially hinting at improved relations with management. However, the event itself does not directly impact the company’s financial status or business model.

3. What’s Kolmar Holdings’ Current Status? (Fundamentals & Financial Analysis)

  • Corporate Governance: Previous corrections in business reports, including strengthened ESG management, detailed records of minority shareholder exercises, and additional details on key discussions at shareholder meetings, are interpreted as efforts to enhance corporate governance transparency and information disclosure.
  • Financial Indicators: The projected recovery of sales and operating profit in 2024 and 2025 compared to 2023, particularly the significant improvement in net income and ROE, is positive. However, the increasing debt ratio and decreasing current ratio require ongoing monitoring of liquidity management.
  • External Environment: The strong dollar and rising raw material prices can be positive for exporting companies but also pose a burden due to increased import costs. The trend of frozen interest rates can impact investment and financing environments.

4. What Should Investors Do? (Investment Strategy)

This event is expected to contribute indirectly to corporate value through the removal of uncertainty rather than directly impacting Kolmar Holdings’ fundamentals negatively. However, continuous monitoring is needed, considering future financial soundness management, global economic variable volatility, business competitiveness, and new business performance.

Key Checkpoints:

  • • Analyze the underlying cause of the lawsuit dismissal.
  • • Monitor Kolmar Holdings’ financial soundness and liquidity management strategies.
  • • Understand the company’s response strategies to exchange rate and raw material price volatility.
  • • Analyze the progress and performance of growth drivers and new businesses.

Disclaimer: This analysis is a subjective opinion based on the provided information. Actual investment decisions should be made carefully at the investor’s own discretion and responsibility.