[Edaily Reporter Hyera Lee ] TOVIS Co., LTD(051360), a company specializing in casino displays, announced on the 2nd that it has completed its spin-off process and will fully transition to an independent management structure.

The scheduled dates for TOVIS Co., LTD’s delisting and NeoView’s relisting following this spin-off are the 20th.
Through this spin-off, TOVIS Co., LTD has officially separated its casino and industrial display business from its automotive infotainment display business. The company aims to use this spin-off as an opportunity to eliminate the “conglomerate discount” and ensure that the corporate value of its casino display business is properly recognized.
Moving forward, TOVIS Co., LTD plans to focus on maximizing the profitability of its casino and industrial display business by leveraging the solid customer base and product competitiveness it has built in the global casino market. TOVIS Co., LTD has been supplying high-value-added display products—such as curved monitors, smart button decks, and digital signage—to global slot machine and casino equipment manufacturers.
According to TOVIS Co., LTD, in line with the recent marked recovery in domestic and international casino markets, expectations for a rebound in demand are rapidly spreading beyond casino operators to downstream industries such as equipment and displays. Analysts predict that as casino operators continue to improve their performance and upgrade their facilities, demand for replacement and new investments in related equipment—such as slot machine monitors and casino-specific displays—will also expand.
In line with this market environment, TOVIS Co., LTD is upgrading its existing casino monitors and diversifying its product lineup to include LED and digital signage. The company plans to maximize its global competitiveness by expanding its reach beyond slot machines to offer integrated solutions covering the entire casino interior. In particular, it intends to secure mid- to long-term growth momentum by proactively addressing replacement and renovation demand in traditional markets such as the U.S. and Europe, as well as Shinhung resort markets in Asia and the Middle East.
A TOVIS Co., LTD official stated, “As this is a critical juncture when the domestic and international casino industries are recovering, we will use this spin-off as a starting point to more proactively seize growth opportunities in the casino business.” The official added, “We will do our utmost to maximize shareholder value and enhance the company’s long-term value by continuously strengthening our business expertise and improving management efficiency.”