Governance
You can check reports such as information on stockholders of Boryung.
Company overview
You can see companyrelated status.
Company overview
| Name | Boryung | CEO (present) | Daniel Chang |
|---|---|---|---|
| Date of establishment | 1963.11.11 | Listing date | 1988.10.24 |
| Representative industry | Manufacturing | Capital | 23,810,000,000 |
| Settlement Term | December | Total capital | KRW 648 billion (As of settlement term) |
| Address of head office | Boryung Building, 136 Changgyeonggung-ro, Jongno-gu, Seoul | Telephone | 708-8000 |
Dividend status for past 5 years
Written based on settlement term of Korean International Financial Reporting Standards(K-IFRS)
| Division | Types of stock | The 57th | The 56th | The 55th | The 54th | The 53th |
|---|---|---|---|---|---|---|
| Face value per stock (KRW) | 500 |
500 |
500 |
2,500 |
2,500 |
|
| Face value per stock (KRW) | 27,048 |
32,222 |
20,306 |
56,478 |
- |
|
| (Separate) Net profit during the term (KRW 1 million) | 26,860 |
34,348 |
22,902 |
55,352 |
5,614 |
|
| (Settlement Term)Net ) Earning per stock (KRW) | 558 |
744 |
544 |
1,334 |
- |
|
| Total cash dividend (KRW 1 million) | 4,511 |
4,204 |
2,522 |
6,800 |
1,619 |
|
| Total stock dividend (KRW 1 million) | - |
- |
- |
- |
- |
|
| (Settlement Term) Dividend payout ratio(%) | 16.68 | 13.05 | 12.42 | 12.04 | 28.83 | |
| Dividend earring rate (%) | Common stock | 0.5 | 0.7 | 0.6 | 1.9 | 0.4 |
| Preferred stock | - | - | - | - | - | |
| Stock dividend earning rate (%) | Common stock | - | - | - | - | - |
| Preferred stock | - | - | - | - | - | |
| Dividend per stock (KRW) | Common stock | 100 | 100 | 60 | 800 | 200 |
| Preferred stock | - | - | - | - | - | |
| Stock dividend per stock (Stock) | Common stock | - | - | - | - | - |
| Preferred stock | - | - | - | - | - | |
Status of Stock Distribution
The largest shareholder and status of stock ownership with special relations
As of December 31, 2020
| Name | Relations | Type of stock | Number of stock owned and ownership percentage | |||
|---|---|---|---|---|---|---|
| Beginning of term | End of term | |||||
| Number of stock | Ownership percentage | Number of stock | Ownership percentage | |||
| Boryung Holdings Co., Ltd. | Oneself | Common stock | 14,918,405 | 33.75 | 18,542,523 | 38.94 |
| Kim Seung-ho | Executive of the affiliates | Common stock | 0 | 0 | 296,692 | 0.62 |
| Kim Eun-seon | Executive | Common stock | 5,412,040 | 12.24 | 5,412,040 | 11.37 |
| Kim Jeong-gyun | Executive of the affiliates | Common stock | 619,520 | 1.4 | 619,520 | 1.3 |
| Medience Co., Ltd. | The affiliates | Common stock | 2,305,502 | 5.22 | 2,305,502 | 4.84 |
| Boryung Jungbo Foundation | Foundation | Common stock | 60,715 | 0.14 | 60,715 | 0.13 |
| Total | Common stock | 23,316,182 | 52.75 | 27,236,992 | 57.2 | |
Minority Shareholder
As of December 31, 2020
| Division | Number of shareholders | Percentage | Number of stock | Percentage | Remark |
|---|---|---|---|---|---|
| Minority Shareholder | 22,578 | 99.88% | 16,136,070 | 33.89% | - |
Matters on stock
You can check matters on stock.
Details on stock issue
As of December 31, 2020
| Division | Total number of stock issued | Total face value | Remark |
|---|---|---|---|
| Common stock | 47,620,000 stocks | KRW 23,810,000,000 | |
| Preferred stock | - | - | |
| Total | 47,620,000 stocks | KRW 23,810,000,000 |
Details on stock issue
As of December 31, 2020
| Division | Total number of stock issued | Total face value | Remark |
|---|---|---|---|
| Common stock | 47,620,000 stocks | KRW 23,810,000,000 | |
| Preferred stock | - | - | |
| Total | 47,620,000 stocks | KRW 23,810,000,000 |
Status of treasury stock distribution
As of December 31, 2020
| Division | Number of stock | Remark |
|---|---|---|
| Common stock | 2,509,033 stocks | |
| Preferred stock | - | |
| Total | 2,509,033 stocks |
※ Acquisition of treasury stock by trust contract
Status of treasury stock distribution
As of December 31, 2020
| Division | Number of stock | Remark |
|---|---|---|
| Common stock | 2,509,033 stocks | |
| Preferred stock | - | |
| Total | 2,509,033 stocks |
※ Acquisition of treasury stock by trust contract
Matters on Board ofDirector
You can check the information on BOD (Board of Director) status
Status of BOD composition (Registered directors)
| Division | Position (full time or not) | Name | Date of appointment | Term | Remit | Liability insurance |
|---|---|---|---|---|---|---|
| Full-time director | CEO | An Jae-hyeong | 2020.03.24 | 3 years | Overall management | Subscribed |
| CEO | Lee Sam-su | 2019.03.25 | 3 years | Overall management | Subscribed | |
| Internal director | Kim Eun-seon | 2018.03.27 | 3 years | Overall management | Subscribed | |
| Internal director | Jang Du-hyeon | 2019.03.25 | 3 years | Overall management | Subscribed | |
| Part-time director | Outside director | Park Yu-sik | 2019.03.25 | 3 years | Outside director | Subscribed |
| Outside director | Cheon In-gu | 2019.03.25 | 3 years | Outside director | Subscribed |
* Presidential statement: An Jae-hyeon / Total number of directors: 6
* Status of registered directors after having the 45th general meeting of shareholder (2020.03.24)
Status of BOD Operation (2020)
| Times | Date | Main agenda | Pass | Internal directors | Outside directors | ||||
|---|---|---|---|---|---|---|---|---|---|
| An Jae-hyeon (Attendance Rate: 100%) |
Lee Sam-su (Attendance Rate: 100%) |
Kim Eun-seon (Attendance Rate: 100%) |
Kim Eun-seon (Attendance Rate: 100%) |
Park Yun-sik (Attendance Rate: 100%) |
Cheon In-gu (Attendance Rate: 100%) |
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| Agree/ disagree |
Agree/ disagree |
Agree/ disagree |
Agree/ disagree |
Agree/ disagree |
Agree/ disagree |
||||
| 1 | 2020.01.02 | No. 1 agenda: Extension of trust contract for acquiring treasury stock | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| 2 | 2020.02.27 | No. 1 agenda: Holding the 55th general meeting of shareholder | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| No. 2 agenda: Recommendation of director candidates | Pass | Agree | Agree | Agree | Agree | Agree | Agree | ||
| No. 3 agenda: Decision on agenda for the 56th general meeting of shareholder | Pass | Agree | Agree | Agree | Agree | Agree | Agree | ||
| No. 4 agenda: Revision of internal accounting management regulations | Pass | Agree | Agree | Agree | Agree | Agree | Agree | ||
| No. 5 agenda: Approval of transaction with American Corporation of Holdings (Hayan Health Networks) | Pass | Agree | Agree | Agree | Agree | Agree | Agree | ||
| No. 6 agenda: Extension of expiration of owing to bank | Pass | Agree | Agree | Agree | Agree | Agree | Agree | ||
| No. 7 agenda: Extension of trust contract for acquiring treasury stock | Pass | Agree | Agree | Agree | Agree | Agree | Agree | ||
| 3 | 2020.03.20 | No. 1 agenda: Appointment of CEO | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| 4 | 2020.04.20 | No. 1 agenda: Acquisition of brand | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| 5 | 2020.05.11 | No. 1 agenda: Decision on capital increase by issuing new stocks by third-party | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| 6 | 2020.06.04 | No.1 agenda: Issuance of public bond without guarantee | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| 7 | 2020.06.30 | No. 1 agenda: Incorporation of Boryung Consumer Health Care ad the affiliate | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| No.2 agenda: Incorporation of Hayan Health Networks as the affiliate | Pass | Agree | Agree | Agree | Agree | Agree | Agree | ||
| No. 3 agenda: Fund investment | Pass | Agree | Agree | Agree | Agree | Agree | Agree | ||
| 8 | 2020.07.27 | No. 1 agenda: Capital increase of BORYUNG HONGKONG Ltd | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| 9 | 2020.09.28 | No. 1 agenda: Extension of trust contract for acquiring treasury stock | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| 10 | 2020.11.09 | No. 1 agenda: Extension of trust contract for acquiring treasury stock | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| 11 | 2020.11.30 | No. 1 agenda: Report on management review of ISO37001 anti-bribery management system | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| 12 | 2020.12.10 | No. 1 agenda: Capital transfer of reserve fund (Capital increase without consideration) | Pass | Agree | Agree | Agree | Agree | Agree | Agree |
| No. 2 agenda: Change on person in charge of anti-bribery and compliance manager | |||||||||
Matters on Audit Organization
You can check matters on audit organization
Full time audit
| Division | Name | Date of appointment | Terms | Liability insurance |
|---|---|---|---|---|
| Full time audit | Lee Jae-sul | 2019.3.22 | 3 years | Subscribed |
Outside audit
| Corporate name | Date of appointment | Contract terms | Recent audit opinion |
|---|---|---|---|
| Samil PricewaterhouseCoopers | 2020.02.13 | 2021.01.01 ~ 2023.12.31 | Appropriate |
Difference Betweenthe Best Standard of Corporate Governance
You can check the information on difference from the best standard of corporate governance.
Difference between the Ideal Standard of Corporate Governance
| Recommendation of best standard | Adoption by Boryung | Remark |
|---|---|---|
| Introduction of corporate governance charter | X | |
| Voting in writing | X | |
| Concentrated vote system | X | |
| Concentrated vote system | X | |
| Announcement of activities of BOD | O | |
| Composition of director recommendation committee | X | |
| Composition of audio committee | X | |
| Enactment and announcement of corporate ethical regulations | O | |
| Announcement of differences from best standard | O | Posted on internet webpage |
| Subscription of indemnity insurance of directors at the company’s expenses | O | Subscription of indemnity insurance of executives (Renewal every year) |
| Accuracy certification on business report | O | Subscription of indemnity insurance of executives (Renewal every year) |
136, Changgyeonggung-ro, Jongno-gu, Seoul, Republic of Korea (03127)
Copyright (C) 2022 by Boryung Pharmaceutical Co.,Ltd. All Rights Reserved.
