JYP Entertainment decided to acquire 2 land and building in Gangdong-gu, Seoul for KRW 96 billion.

JYP Entertainment decided through a board resolution on October 8, 2026 to acquire 2 land and building in Seongnae-dong, Gangdong-gu, Seoul for a total of KRW 96 billion. The company plans to acquire this asset for the purpose of constructing a new headquarters and is seeking to secure office space needed for medium- to long-term business expansion. The transaction, which received an appropriate valuation from an accounting firm at a board meeting attended by 3 independent directors, is scheduled for registration on February 26, 2027.

1. 01

   JYP Entertainment's board decided to acquire 2 land and building in Seongnae-dong, Gangdong-gu, Seoul for a total of KRW 96 billion.

2. 02

   The acquisition is for the purpose of constructing a new headquarters, and the company is seeking to secure physical space needed for medium- to long-term business expansion and improve operational efficiency.

3. 03

   An external valuation by an accounting firm assessed the acquisition price as appropriate.

4. 04

   Payment will be made in stages: deposit of KRW 10 billion on October 8, 2026, interim payment of KRW 15 billion on December 30, 2026, and final payment of KRW 25 billion on February 26, 2027 (based on asset 1).

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Acquisition amount

KRW 96 billion

Proportion of total assets

11.28%

Contract execution date

October 8, 2026

Scheduled final payment date

February 26, 2027

Filing facts

Filing type

Investment

Report name

Decision on Acquisition of Tangible Assets

Filed

Oct 8, 2026

Receipt number

20261008000381