Coway Unveils Value-Up Plan Targeting 5 Trillion Won in Revenue by 2027 and 40 Percent Shareholder Return

SEOUL, South Korea, February 18, 2025 --

Coway launched a Corporate Value-Up Plan approved by its board on February 13, setting a goal of exceeding 5 trillion won in revenue in 2027, a compound annual growth rate of 6.5 percent from 2025. The company plans to enter new markets and set up local subsidiaries, expand its BEREX sleep and wellness brand and enter South Korea's elder care market through its Coway Life Solutions subsidiary in the first half of 2025.

Coway raised its total shareholder return rate to 40 percent of consolidated net income from 20 percent and committed to keep it there through fiscal 2027 through cash dividends and the purchase and retirement of treasury shares. For fiscal 2024, it will allocate 33 percent to dividends and 7 percent to buybacks and retirements.

The company also set a ceiling of 2.5 times on its net debt-to-EBIT ratio and pledged to raise its key governance indicator compliance from 53 percent in 2024 to 87 percent by 2026, adding more outside directors to its board. Chief Executive Jangwon Seo said the plan provides a foundation for sustainable growth benefiting the company and shareholders.