What Happened?

YOM filed a correction to its December 2024 business report due to inadequate disclosure of minority shareholders’ request for a general meeting and their proposals. The corrected content includes proposals for the dismissal of the chairman, amendments to the articles of incorporation (changes in the number of directors and auditors), and the appointment of new directors and auditors. News of iROBOTICS’ capital increase was also announced on the same day, but the connection with YOM remains unclear.

What are the Key Issues?

The key issue is whether the minority shareholders’ demands will be accepted. If the chairman’s dismissal and changes to the board of directors are realized, management changes and revisions to the management strategy are inevitable. This can have either a positive or negative impact on corporate value. Also, if a relationship with iROBOTICS is revealed, the resulting synergy effects must be considered.

So What Should We Do?

Investors should keep a close eye on the situation, paying attention to the following:

  • • Management’s official response and future plans regarding the minority shareholders’ proposals
  • • YOM’s largest shareholder’s stake and management structure
  • • Progress and expected outcome of any lawsuits
  • • Connection with iROBOTICS
  • • Feasibility of the plan to enter the cryptocurrency exchange business

It is crucial to develop an investment strategy through careful analysis.

Investor Action Plan

If you are considering investing in YOM, it is recommended to continuously monitor relevant information and refer to expert opinions. Hasty investment decisions can lead to significant losses, so a cautious approach is necessary. Carefully analyze future disclosures and market conditions before making investment decisions.