[Edaily Reporter Kim Hyun-ah ] KGINICIS CO.,LTD.(035600)will return 50% of its standalone adjusted net income to shareholders by 2030. The company has raised its shareholder return target from the previous 30% to 50% and extended the implementation period from three years to five years. It will strengthen shareholder returns not only through cash dividends but also by concurrently conducting share buybacks and cancellations.

KGINICIS CO.,LTD., an electronic payment company, announced on the 28th that it had disclosed its “Five-Year Corporate Value Enhancement Plan (2026–2030)” on the 27th following approval by its board of directors.

The company has decided to increase its shareholder return ratio. KGINICIS CO.,LTD. has set a goal of returning 50% of its separately adjusted net income to shareholders annually from 2026 to 2030.

“Adjusted net income on a standalone basis” refers to net income reported in the standalone financial statements, excluding one-time and non-recurring items. This means the company intends to determine the scale of shareholder returns based on profits generated through its core business rather than temporary fluctuations in earnings.

The methods of shareholder returns will be cash dividends and the repurchase and cancellation of treasury stock. The company plans to determine the amount of cash dividends annually based on its financial results and to proceed with the repurchase and cancellation of treasury stock while considering market conditions and capital utilization factors.

This plan further strengthens the existing corporate value enhancement plan announced in 2024. While the company had previously proposed returning 30% of its adjusted net income (on a standalone basis) to shareholders over a three-year period, it has now extended the timeframe to five years and raised the target return rate to 50%.

The actual scale of shareholder returns is also on the rise. KGINICIS CO.,LTD.’s dividend per share increased from 420 won in 2023 to 600 won in 2025. During the same period, the shareholder return ratio rose from 20.9% to 38.9%. In 2025, the company will meet the criteria for a “high-dividend company,” enabling it to provide shareholders with dividend income tax benefits.

KGINICIS CO.,LTD. plans to publicly disclose the status of its shareholder return plan to the market every year to enhance the predictability of its policies. The company also plans to expand communication with investors to narrow the gap between its corporate value and market valuation.

A KGINICIS CO.,LTD. official stated, “Since we have faithfully fulfilled our commitments since the initial announcement of our corporate value enhancement plan in 2024, we sought to raise the bar in terms of the duration and scale of our shareholder returns to present clearer medium- to long-term principles.” The official added, “We will continue to share a significant portion of the profits generated by the company with our shareholders to enhance the predictability of shareholder returns and establish a reliable, shareholder-focused management system over the long term.”