Coway Reports Significant Progress on Its Corporate Value-Up Plan Implementation

Coway Evaluates Implementation of Corporate Value-Up Plan

On February 9, 2026, Coway Co., Ltd., known as the "Best Life Solution Company", provided an assessment of its ongoing implementation of the Corporate Value-Up Plan, initiated in 2025. This report underscores notable advancements in shareholder value, financial performance, and corporate governance, while outlining strategic pathways for future growth.

Achievements in Revenue Growth

Coway reported a significant revenue of 4.96 trillion Korean Won (KRW) in 2025, reflecting a 15.2% increase over the prior year. This achievement surpasses the company's target of a compound annual growth rate (CAGR) of 6.5%, setting Coway ahead of its schedule to exceed 5 trillion KRW by 2027. The growth is attributed to fortified domestic operations and international expansion. Notably, Coway has seen a stable rise in water purifier rental contracts, bolstering its core business. The launch of the BEREX brand, dedicated to sleep and wellness, has also contributed significantly, generating approximately 719.9 billion KRW in revenue.

Commitment to Shareholder Returns

In terms of shareholder returns, Coway successfully achieved a total return rate of 40% during 2025, equating to 247.3 billion KRW. The balanced approach to this achievement included 137.3 billion KRW in cash dividends, complemented by 110.0 billion KRW for stock buybacks. Coway's strategic aim is to maintain this 40% return until 2027, with a sharper focus on cash dividends to uphold its reputation as a high-dividend company. The firm plans to ensure a dividend payout ratio of at least 25%, enforcing a yearly increase of over 10% in the total dividend amount.

Maintaining Financial Stability

To safeguard its financial health, Coway managed its net debt to EBITDA ratio at 2.1 in 2025. The company aims to maintain a target ratio of 2.5 by 2027 through strategic financial management. Coway plans to utilize debt financing to support its growth investment while upholding a stable credit risk rating, assuring stakeholders of its fiscal viability in the long run.

Enhancing Governance Standards

Since the announcement of the Corporate Value-Up Plan, Coway has reported a compliance rate of 74% with key governance indicators, marking a clear intent to bolster governance frameworks. This improvement is attributed partly to an increase in the proportion of external directors, now at 67%, and the establishment of a Compensation Committee consisting entirely of external directors.

To further enhance corporate governance, Coway is set to establish an Internal Transaction Committee in 2026, enriching its governance structure with External Independent Directors. Additionally, the company is in the process of amending its articles of incorporation in accordance with revised South Korean Commercial Acts. The target is to achieve a compliance rate of 93% on governance indicators by 2027 through various measures, including implementing electronic voting systems.

Future Outlook

Coway’s commitment to its Corporate Value-Up Plan focuses on showcasing a balanced approach towards growth investment and shareholder returns. The company highlights the accomplishments in growth rates, shareholder returns, and governance standards. As Coway progresses into 2026 and beyond, it aims to maintain transparency while fostering a balanced and sustainable growth path.

For further details on Coway's Corporate Value-Up Plan and ongoing initiatives, stakeholders can visit the investor relations section on the company’s website. Coway remains dedicated to innovating and providing best-in-class home appliances that improve the quality of life through health-focused products, including its expanding portfolio ranging from air and water purifiers to wellness solutions like BEREX.

To learn more about Coway, visit Coway's Official Website or their Newsroom.