iFamilySC아이패밀리에스씨

iFamilySC shares jumped to the daily limit on a Japanese company's tender offer for up to 28% of the stock, while profits have been shrinking from their 2024 peak.

iFamilySC is a Korean color cosmetics brand company, best known for Rom&nd, And by Rom&nd and Nuse, which make up about 97% of sales. Revenue held near ₩225B over the trailing twelve months to H1 2026, but operating margin has fallen from 16.4% in 2024 to 10.3%, and the shares are still down 42% over one year despite a strong recent month. The data shows a Japanese company, named as Marubeni in several headlines, launching a tender offer for up to 28% of the shares.

What stands out

• Revenue grew 9.4% in 2025 to about ₩224B, but operating income fell from ₩33.6B in 2024 to ₩27.1B, and net income fell from ₩28.3B to ₩21.8B.
• Trailing twelve-month figures to H1 2026 show operating income of ₩23.3B, net income of ₩19.1B and free cash flow of ₩16.3B, with cash of ₩32.9B against borrowings of ₩10B.
• The shares closed at ₩10,940 on 23 October 2026, up 30.7% over one month, but still well below the 52-week high of ₩19,580 and above the low of ₩6,160.
• Valuation metrics are P/E 9.6, P/B 1.7 and a 0.9% dividend yield. The data includes a DCF model with a base value of ₩36,531, but that is a model output, not a price target or forecast.
• Filings in 2026 include a share cancellation, termination of a trust for own-share acquisition, an interim dividend decision and a tender offer registration and prospectus filed on 23 October. Foreign ownership is 4.7%, and foreign investors were net sellers over the last 20 days.

What to watch

• The terms, timing and outcome of the tender offer for up to 28% of the shares, as detailed in the tender offer prospectus.
• Full-year 2026 results and whether the operating margin, which has been falling, stabilises.
• The record date and payment of the interim dividend decided in August 2026.