A Japan-linked investment group was reportedly considering acquiring shares in JYP Entertainment, while JYP formally denied receiving a proposal. The share price surged in reaction.
NEXROC Group and SVCV, reportedly a Japan-linked investment group, announced plans to acquire up to 50% of JYP Entertainment, home to TWICE and Stray Kids. JYP, however, said it had not received a proposal to acquire its shares, and there has been no confirmation that discussions toward an acquisition are under way.
The tender offer could reportedly begin as early as November. The proposed acquisition would cover 25–50% of outstanding shares, with the offer price being considered at a level 30% above the reference share price. The final offer terms and source of funds remain unclear.
JYP's market capitalisation is said to be approximately KRW 1.5 trillion (approximately ¥178.5 billion), implying an acquisition cost of approximately KRW 750 billion for a 50% stake. JYP's share price rose sharply in after-hours trading on 26 October and remained at a high level the following day.
The difference between past comments by founder Park Jin-young and his current holding has raised the possibility of a major change in the shareholder structure. His holding was approximately 15.37% as of the end of June 2026, and if the acquiring party obtains 25–50%, a dramatic reversal in ownership percentages could occur. This would not necessarily mean that management control had been secured.