Coway FY 2025 Annual Report
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Filed: March 23, 2026· period ending December 31, 2025DART

Coway annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 23, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

Coway FY 2025 Annual Report Analysis

Business Overview

  • Rental and membership revenue KRW 4.513T in FY2025, representing 90.9% of total KRW 4.964T sales
  • Launch of sleep care brand BEREX in Dec 2022, expanding rental sales to mattresses and massage chairs

Management Discussion & Analysis

  • Revenue KRW 4.96T (+15.2% YoY); Operating profit KRW 878.7B (+10.5%); Net income KRW 617.5B (+9.2%)
  • Overseas subsidiaries drove revenue growth, with overseas sales KRW 1.89T (+22.3% YoY); Malaysia OP +25.2% on new category success

Risk Factors

  • FX exposure: 5% USD/KRW move → ±KRW 17.68B pre-tax impact on foreign currency asset/liability translation (2025, down from KRW 19.88B)
  • Interest rate risk: 1%p interest rate change → KRW 3.03B pre-tax impact on variable rate borrowings (down from KRW 4.95B)

Coway FY 2025 Key Financial Metrics
DART

Total Assets

KRW 7.00T

+21.5% YoY

Operating Cash Flow

KRW 35.5B

-89.2% YoY

CapEx

KRW 223.9B

-5.7% YoY

Source: KIFRS consolidated financial data from Coway annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding