Report

Osstem Implant (048260.KS)

- If the government’s proposed medical cost reductions for seniors is enacted , the share of the implant

cost burden for individuals will drop from the current 50% to 30% (from KRW600,000 to KRW360,000).

This would fuel domestic implant demand and we expect the growth of the domestic implant market to

pick up pace from the current 15%.

Underlying
Osstem Implant

OsstemImplant Co Ltd Formerly known as Osstem Implant Co., Ltd.O839003125Osste mImplant Co Ltd. OSSTEM IMPLANT CO., Ltd is a Korea-based company engaged in the manufacture and marketing of dental implants and software. Along with its subsidiaries, the Company provides dental implants, including TS system type, SS system type, US system type, MS type, orthodontic screws and others under the brand name Osstem, as well as surgical kits and tools. It also imports and sells dental equipment; provides dental implant training and other courses under the brand name of AIC, and sells dental related books. The Company operates its businesses within domestic market and in overseas markets, including America, Germany, China, Taiwan, Hong Kong, Singapore, Thailand, India and Russia, among others.

Provider
Hyundai Motor Investment & Securities
Hyundai Motor Investment & Securities

Hyundai Motor Investment & Securities is the investment banking arm of the Hyundai Motor Group. The company offers stock brokerage and advisory services; derivative products brokerage and advisory services; wrap account portfolio management services; and VIP wealth management and tax planning, institutional equities, derivatives, and futures brokerage services, as well as sells investment and institutional products. It also provides equity offering, ABS, real estate PF and real estate PF securitization, offshore SOC, structured financing, asset securitization, real estate sales, IPO advisory, and private equity fund and fund management services; and CMA/RP portfolio management and fixed income based investments, as well as involved in the issuance, management, and brokerage of OTC derivatives. In addition, the company offers research services, including macro economic forecasts and stock market outlook, industry overviews and forecasts, fixed income strategies, corporate credit analysis, and valuation analysis. Further, it offers a range of retirement and pension services for individuals and corporate members; portfolios and asset allocation consulting and marketing services; proposing retirement pension plans; contract and payment management services; pension plan advisory and actuarial services; and system development and implementation services, as well as operates call centers for retirement pension services, etc. 

Analysts
Yang Ku Kang

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