The size of Shinsegae Group when it became independent from Samsung

The official application for separation of affiliates to the Fair Trade Commission was made in 1995, but the definitive separation of affiliates was completed in 1997

The head of the company was then Lee Myung-hee, managing director, who used the vice chairman’s title after separating the affiliates, but only used the chairman’s title in 1998 the following year and started the management front line

The size of Shinsegae Group at the time of the division in 1997

10 affiliates, Shinsegae Department Store, Chosun Hotel, etc

Assets of 1.759 trillion won

Sales of KRW 1.75 trillion

The size of Shinsegae Group as of 2022

53 affiliates

61 trillion won in assets

Sales of KRW 34.902 trillion