What Happened?: Analysis of Major Shareholder Divestment

Leaders Chemical, a specially related party of Kyung Nong, JOBI’s major shareholder, sold 3,600 shares, slightly decreasing its stake from 56.95% to 56.88%. Although the scale of the sale is not large, changes in the stake of major shareholders can lead to various interpretations in the market.

Why the Divestment?: Background and Impact Analysis

The background of Leaders Chemical’s divestment has not been disclosed, but it is generally likely for asset management or cash securing purposes. The small decrease in stake is expected to have a limited direct impact on management rights. However, the market may interpret the major shareholder’s divestment as a negative signal in the short term.

JOBI’s Current Situation: Fundamental and Market Trend Analysis

JOBI successfully turned to profit in Q1 2025, but sales decreased compared to the same period last year. Rising raw material prices and intensifying market competition are ongoing risk factors. However, investment plans in response to the growth of the smart agriculture and functional fertilizer market are positive.

  • Positive Factors: Return to profit in Q1, response to the functional fertilizer market, and facility investment plans.
  • Negative Factors: Declining sales, high dependence on imported raw materials, short-term debt burden, and exchange rate and interest rate volatility.

What’s Next?: Investment Strategy

This change in stake may cause short-term investor sentiment to shrink, but considering the trend of fundamental improvement and market conditions, a limited correction is expected. In the medium to long term, fundamental improvement, strengthening competitiveness in the functional fertilizer market, and efficient risk management are expected to have a positive impact on the stock price. Investors should be mindful of short-term volatility and make prudent investment decisions by comprehensively considering future earnings announcements and changes in macroeconomic indicators.