Announcement • Mar 17
Daegu Department Store Co., Ltd., Annual General Meeting, Mar 31, 2026 Daegu Department Store Co., Ltd., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 333, myeongdeok-ro, jung-gu, daegu South Korea New Risk • Feb 02
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩27b free cash flow). Earnings have declined by 22% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩43.5b market cap, or US$30.0m). Reported Earnings • Nov 19
Third quarter 2025 earnings released: ₩973 loss per share (vs ₩1,407 loss in 3Q 2024) Third quarter 2025 results: ₩973 loss per share (improved from ₩1,407 loss in 3Q 2024). Revenue: ₩13.4b (down 13% from 3Q 2024). Net loss: ₩8.49b (loss narrowed 28% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. 
