Announcement • Mar 17
ITOXI Corp., Annual General Meeting, Mar 31, 2026 ITOXI Corp., Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 4, eonju-ro 125-gil, gangnam-gu, seoul South Korea Board Change • Jan 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Dec 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩14.4b (US$9.77m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 41% per year over the past 5 years. Market cap is less than US$10m (₩14.4b market cap, or US$9.77m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding).