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Samick Musical Instruments Co 002450.KS · KRW

Consumer Discretionary · KRX · 🇰🇷 South Korea

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1,025

+1.49%

Close of 9 Nov 2026, in KRW

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About Samick Musical Instruments Co

Its shares trade on KRX under the ticker 002450.KS. It has been listed since 30 September 1988. In the fiscal year to 31 December 2025, it reported revenue of ₩224.44bn and net income of ₩17.61bn. At that date it held total assets of ₩514.46bn and shareholders' equity of ₩281.14bn.

Samick Musical Instruments Co. Ltd. is engages in the manufacture of pianos and other electronic musical instruments. The company is headquartered in Eumseong, Chungcheongbuk-Do. The firm mainly manufactures pianos, including acoustic pianos with grand and upright series, and digital pianos. The company also produces other musical instruments, such as guitars, violins, bass amplifiers, cellos, flutes, trumpets, saxophones, clarinets, ocarinas, harmonicas, drums, mixers, amplifiers and others. In addition, the Company engages in the piano rental and real estate rental businesses. The firm distributes its products within domestic market and to overseas markets. On September 16, 2014, it acquired land and building located in Seoul, for rental business.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Leisure Products
Listed since
30 Sept 1988

Leadership

Pay as last reported

  • Jong Seop KimChairman of the Board, Co-Chief Executive Officer, since 2010
  • Hyeong Guk LeePresident, Co-Chief Executive Officer, Director
  • Gang Rok LeeManaging Director
  • Gwan Sun JangNon-Executive Independent Director
  • Gi Seong KimIR Contact Officer

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Samick Musical Instruments manufactures acoustic and digital pianos in Eumseong, South Korea.
  • The company produces a wide range of musical instruments including guitars and violins.
  • Samick distributes products domestically and internationally with a Seoul rental property acquisition.

Weaknesses

  • Samick's business includes piano rental and real estate rental, which may divert focus from core products.
  • The company's headquarters in Eumseong, South Korea, may limit access to major markets.
  • Samick's product range includes less popular instruments like ocarinas and harmonicas.

Opportunities

  • Samick can expand its digital piano sales in the growing global music education market.
  • The company can leverage its Seoul rental property for additional real estate revenue streams.
  • Samick's guitar and violin production can target emerging markets in Asia and Europe.

Threats

  • Competition from other musical instrument manufacturers in the Consumer Discretionary sector.
  • Economic downturns could reduce consumer spending on discretionary items like musical instruments.
  • Global supply chain disruptions may affect production of acoustic and digital pianos.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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