Lotte Chairman Shin Dong-bin’s son who is expected to become Korean naturalized.jpg

(1)Shin Yoo-yeol, the 38-year-old heir to Lotte Group
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(4)Reporter Lee Seung-joo
(5)1 a.m
(6)Shin Yoo-yeol, head of Lotte Group’s Future Growth Division and Executive Director of Lotte Biologics’ Global Strategy Division
(7)Shin Yoo-yeol, the eldest son of Lotte Group Chairman Shin Dong-bin, who is showing his presence as the third generation of the Lotte family, will acquire Korean citizenship within this year and expand his participation in management
(8)However, the process of acquiring nationality is unlikely to be smooth. Compared to when his father, Shin, gave up his Japanese nationality at the age of 40 when his military service was lifted in 1996, Lotte’s current image as a Japanese company has become much stronger. In particular, Lotte’s investment structure, which leads to Gwangyoon-sa → Japan’s Lotte Holdings → Hotel Lotte → Lotte Holdings, and Chairman Shin’s poor ability to speak Korean, revealed at the 2016 hearing on state affairs, have only raised doubts about whether Lotte is really a Korean company
(9)Shin should overcome public criticism that he intentionally delayed the naturalization period to avoid mandatory military service. Seo Ji-yong, a business professor at Sangmyung University, said, “Shin’s naturalization is likely to lead to controversy in the future.”
(10)I’ve been working at Lotte in Korea since last year
(11)Currently a single Japanese nationality
(12)Japanese name Shigemitsu Satoshi Korea Myungshin Yuyeol
(13)Korea will be 38 years old this year because the mandatory military service will be eliminated after the age of 38
(14)Naturalization is scheduled
(15)I only received Korean blood from my grandfather, Shin Kyuk-ho
(16)My mom, grandmother, Japanese wife is also Japanese