Notes
KCTech is one of the few Korean players producing CMP slurry domestically, benefiting from localization efforts by Samsung and SK Hynix after the 2019 Japan export controls. The wet equipment segment competes with Japanese incumbents like SCREEN and Tokyo Electron, while the slurry business competes with global leaders Cabot and Fujimi. Spun off its display equipment business as KC in 2017 to focus on semiconductor.
The company filed its FY2025 Corporate Governance Report covering the period from January 1 to December 31, 2025, reporting compliance with 8 of 15 core governance indicators (53.3% compliance rate). Key compliant areas include 4-week advance notice for shareholder meetings, electronic voting, dividend predictability, and quarterly internal audit meetings with external auditors without management. Notable non-compliance areas include the absence of a dividend policy, CEO succession plan, internal control/risk management policy, and an independent internal audit department, as well as the lack of separation between the board chair and CEO roles. The board consists of 6 inside directors and 3 outside directors, with the largest shareholder group holding 54.54% and minority shareholders holding 33.34%. Consolidated FY2025 revenue was KRW 382.9 billion (down slightly from KRW 385.4 billion), with operating profit of KRW 60.0 billion and net income of KRW 53.4 billion, both showing year-over-year growth.