067310
하나마이크론
Source: dsi_quarterly · analyst_consensus (internal DB). DSI from quarterly filings; consensus as of collection.
Suppliers
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Hana Micron
Customers
Competitors
Notes
Hana Micron is Korea's largest domestic OSAT, with SK Hynix as its dominant customer for memory packaging including DRAM and NAND. The company has expanded capacity in Vietnam (Bac Giang) to serve global memory demand and is investing in advanced packaging to participate in HBM-adjacent back-end processes. Heavy customer concentration on SK Hynix is a key risk.
Non-registered executive director Woong Hee Lee (Managing Director) reported a new ownership filing after acquiring 9,000 common shares through a stock option exercise on May 29, 2026. The exercise price was KRW 16,218 per share. Post-transaction, Lee holds 9,000 shares, representing 0.01% of the 66,478,426 total shares outstanding. This is Lee's initial ownership report, having been appointed to his position on March 1, 2022. The transaction size is immaterial relative to total shares outstanding.
A non-registered executive (Managing Director Kim Jin-seok) reported a two-step transaction that left his total holdings unchanged at 5,200 shares (0.01%). On May 26, 2026, he sold all 5,200 shares on the open market at KRW 57,000 per share, then on June 2, 2026, he exercised stock options to acquire 5,200 new shares at an exercise price of KRW 8,065. The net economic gain from the spread (roughly KRW 48,935 per share, or ~KRW 254 million total) suggests an option-cashout strategy rather than a directional view on the stock. Net ownership change is zero, limiting signaling impact, though the open-market sale could be read as mildly negative sentiment by retail investors.
Largest shareholder Choi Chang Ho's combined holdings (including 26 special-related parties) decreased by 165,202 shares to 17,475,741 shares (26.16%), down from 17,640,943 shares (26.41%) reported on May 21, 2026. The change stems from on-market selling by the reporter and related parties, plus changes in shareholding form via stock option exercises. Direct share holdings dropped by 151,002 shares to 17,199,275 (25.87%). The disclosure is filed under the 'intent to influence management' category, though the stake reduction is modest at 0.25 percentage points. Total issued shares rose slightly to 66,478,426, reflecting new shares from option exercises.
CEO Lee Dong-cheol reported a market sale of 80,002 common shares on May 26, 2026, at an average price of KRW 55,032 per share (approximately KRW 4.4 billion in proceeds). His holdings decreased from 150,002 shares (0.23%) to 70,000 shares (0.11%) of the 66,478,426 total outstanding shares. The transaction was filed as a simple sale with no stated strategic purpose. Insider selling by a sitting CEO at this scale can be read as a mildly negative signal by retail investors, though the absolute stake remains small.
The company's largest shareholder and de facto controlling shareholder, Choi Chang-ho, reported a change in ownership of specified securities. He sold 80,000 common shares on the open market on June 2, 2026, at a disposal price of KRW 40,159 per share, classified as a simple sale. As a result, his holdings decreased from 10,071,667 shares (15.32%) to 9,991,667 shares (15.03%), a reduction of 0.29 percentage points. While the absolute change is modest, insider selling by the controlling shareholder can be interpreted as a mildly negative signal regarding near-term share price expectations.
A lawsuit filed by 7 plaintiffs seeking to cancel a shareholder meeting resolution has been finalized through a court-recommended settlement (화해권고결정). Under the settlement, plaintiffs withdrew their suit and the company agreed not to execute the corporate spin-off based on the July 16, 2025 EGM resolution approving the split plan. With no objections filed within the two-week period after delivery of the settlement decision, the case is now legally closed with the same effect as a final judgment. This amendment updates the confirmation date to May 29, 2026, reflecting issuance of the certificate of finality, and effectively ends the management-control dispute over the planned spin-off.
The largest shareholder, Choi Chang-ho, increased his and related parties' combined holdings from 17,479,643 shares (26.27%) to 17,640,943 shares (26.41%), a net gain of 161,300 shares. The change reflects on-market sales by special-related parties, a new filing for stock options granted to executives (expanding the related-party group from 15 to 26 people), and a partial repayment under a stock pledge agreement. The pledged share count decreased from 939,820 (1.41%) to 824,404 (1.23%), indicating reduced collateral encumbrance. The purpose of holding remains management control. Overall, the filing signals a modest strengthening of insider alignment and slightly lower pledge risk.
The company will hold a Non-Deal Roadshow (NDR) for domestic and foreign institutional investors from May 21 to May 29, 2026, in Seoul (Yeouido, Jongno, Gangnam). Meritz Securities will host sessions on May 21-22, followed by Daishin Securities on May 28-29. The agenda covers Q1 2026 operating results and key business updates, followed by Q&A. IR materials will be posted on the company website and the KRX KIND system at 17:00 on May 20, 2026.
The company issued a correction to its earlier disclosure on a lawsuit seeking cancellation of a shareholder meeting resolution, updating the legal proceeding from a court-mediated decision (which plaintiffs had objected to on Jan 27, 2026) to a formal settlement recommendation decision delivered on May 12, 2026. Under the terms, plaintiffs will withdraw the suit and the company agrees not to execute the corporate split based on the July 16, 2025 EGM resolution. If neither party objects within two weeks of receiving the decision, it will have the same effect as a final judgment. This effectively confirms the company's prior withdrawal of its spin-off plan and resolves the management control dispute, removing a key overhang.
The company reported on progress against its multi-year value-up plan, posting 2025 consolidated revenue of KRW 1,534.4 billion en route to targets of KRW 2,600 billion by 2027 and KRW 3,250 billion by 2030. Consolidated ROIC reached 6.3% in 2025, still well below the 10.8% medium-term target. A FY2025 dividend of KRW 70 per share was declared (exceeding 5% of FCFF), with a 12.19% payout ratio and only 0.16% YoY growth in total dividends paid. Shareholder engagement was strengthened via two CEO-led shareholder meetings, three NDRs with institutional investors, and a new IR inquiry page, while a basis for establishing board committees was added to enhance governance.
The company's board approved granting stock options for 210,000 common shares to 11 non-registered executives (one Executive Vice President and ten Managing Directors). The exercise price is set at KRW 39,520 per share, slightly below the prior trading day's close of KRW 43,750, with an exercise window from May 14, 2028 to May 14, 2033. The fair value per option is KRW 23,765 based on a binomial pricing model assuming 62.01% volatility and a 4.5-year expected term. Following this grant, total outstanding options stand at 341,431 common shares. Options may be settled via new share issuance or treasury share delivery, to be decided later.
The company filed its Q1 2026 quarterly report covering January 1 to March 31, 2026, under CEO Lee Dong-chul. The consolidated subsidiary count decreased from 14 to 12 after Innomate Co., Ltd. was declared bankrupt by court order on January 29, 2026, and AniTrace, Inc. was liquidated during the quarter. Korea Investors Service reaffirmed the corporate bond credit rating at BBB on May 6, 2026. At the March 26, 2026 AGM, Yoon Seung-han was newly appointed as outside director, replacing outgoing outside director Jung Seung-bu. Core business remains semiconductor packaging, testing, and modules, with subsidiary Hana Materials handling silicon parts manufacturing.