HYOSUNG T&C Renews Debt Guarantee for Hyosung Japan (KRW 60.1 billion, 3.07% of Equity)
- HYOSUNG T&C decided to renew the debt guarantee for its affiliate Hyosung Japan Co., Ltd., amounting to KRW 60.1 billion, to extend existing credit lines (guarantee period: 2026-05-01 to 2027-04-30).
- The guarantee amount represents 3.07% of equity (KRW 1.96 trillion), covering principal, interest, and incidental expenses.
- The underlying debt is USD 28 million and JPY 2 billion (converted at Apr 27 exchange rate), a renewal of existing limits.
- Total outstanding guarantee balance (as limit) is approximately KRW 1.51 trillion, including guarantees for various affiliates.
- Hyosung Japan's recent financials: assets KRW 136.8 billion, liabilities KRW 111.2 billion, equity KRW 25.6 billion, net income KRW 2.1 billion (FY2025).
ADVERTISEMENT (250px+)
KOSPI Filing Information
- Filing: Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)
- Company: HYOSUNG (004800)
- Submission: HYOSUNG CORPORATION
- Receipt: 04-27-2026
- Under KRX KOSPI Market Division