Lotte Corporation

South Korean multinational conglomerate corporation

"Lotte (conglomerate)" and "LOTTE" redirect here. For the Japanese company, see Lotte Holdings.

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|

Lotte Corporation

Logo used since 2017

Native name

* 롯데그룹

Company type| Public

Traded as

| KRX: 004990
Industry| Conglomerate
Founded| March 24, 1967; 57 years ago (1967-03-24)
Founder| Shin Kyuk-ho
Headquarters| Songpa District, Seoul,

South Korea

Areas served

| Worldwide

Key people

* Shin Kyuk-ho
* Shin Dong-bin

Subsidiaries|

* Lotte Capital
* Lotte Chemical
* Lotte Chilsung
* Lotte Global Logistics
* Lotte Shopping
* Lotte Wellfood

Korean name
Hangul|

롯데그룹

Revised Romanization| Rotdegeurup
McCune–Reischauer| Rottegŭrup, Rotte-kŭrup
Website| www.lotte.co.kr

Lotte Corporation is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea.[1] Lotte was founded on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expanded Lotte to his ancestral country, South Korea, with the establishment of Lotte Confectionery in Seoul on April 3, 1967.

Lotte Corporation consists of over 90 business units employing 60,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, industrial chemicals, electronics, IT, construction, publishing, and entertainment.[2] Lotte runs additional businesses in China, Thailand, Malaysia, Indonesia, Vietnam, Cambodia, Uzbekistan, India, the United States, the United Kingdom, Kazakhstan, Russia, the Philippines, Myanmar, Pakistan, Poland (Lotte bought Poland's largest candy company Wedel from Kraft Foods in June 2010), Australia and New Zealand (Lotte successfully bought 4 duty-free stores in Australia and 1 in New Zealand from JR/Group in 2019[3]).

## History

[edit]

Lotte was founded in June 1948, by Korean businessman Shin Kyuk-ho in Tokyo, Japan, two years after he graduated from Waseda Jitsugyo High School (早稲田実業学校). Originally called Lotte Co., Ltd, the company has grown from selling chewing gum to children in post-war Japan to becoming a major multinational corporation.[citation needed]

### Name

[edit]

The source of the company's name is German. Shin Kyuk-ho was impressed with Johann Wolfgang von Goethe's The Sorrows of Young Werther (1774) and named his newly founded company Lotte after the character Charlotte in the novel.[4][5] ("Charlotte" is also the name of premium auditoriums in movie theatres run by Lotte.[6])

## Operations

[edit]

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|

Lotte Department Store in Seoul Lotte New York Palace Hotel

Lotte Corporation – is located in Songpa-gu, Seoul and Lotte Holdings Co., Ltd. in Shinjuku, Tokyo. It is controlled by the founder Shin Kyuk-Ho's extended family.

### Business

[edit]

Lotte Group's major businesses are food, retail, chemical, construction, manufacturing, tourism, service, finance, etc.

* Food: Lotte Confectionery, Lotte Chilsung, Lotte Liquor, Lotte Nestle, Lotte Asahi Liquor, Lotte GRS, and others.
* Retail/Entertainment: Lotte Department Store, Lotte Shopping, Lotte Hi-Mart, Lotte Cultureworks, Lotte Cinema, Lotte Super, Lotte On, Lotte Korea Seven, FRL Korea, and others.
* Chemical/construction/manufacturing: Lotte Construction, Lotte Chemical, Lotte Fine Chemical, Lotte MCC, Lotte E&C, Lotte Aluminium, Lotte Ineos Chemical, Korea Fujifilm, and others.
* Tourism/Service/Finance: Lotte Global Logistics, Lotte Rental, Lotte Resort, Lotte Duty Free, Lotte World, Lotte Property & Development, Lotte Capital, Lotte Hotels & Resorts, Daehong Communications, Lotte Hotel Busan, Lotte International, and others

### Sports

[edit]

Lotte also owns professional baseball teams:

* Lotte Giants in Busan, South Korea (1982–present)[7]
* Chiba Lotte Marines in Chiba (city), Japan (1969–present)[8]

### Lotte R&D Center

[edit]

* Korea R&D Center : 201, Magokjungang-ro, Gangseo-gu, Seoul, South Korea

## Controversies

[edit]

### Treatment of Beluga Whales

[edit]

Lotte Corporation has received negative press attention due to treatment of a captive beluga whale named Bella, currently held in the Lotte World Aquarium Attraction in Seoul. In 2016, Lotte Corporation announced that they would no longer acquire new beluga whales after two of Bella's companions, Belli and Bellu, died in their care.[9] In 2019, Lotte Corporation pledged that they would release Bella from captivity.[10] As of 2023, the Lotte Corporation has come under increasing criticism for keeping Bella in solitary captivity for an extended multi-year period following their announcement.[11] The corporation has also been criticized by civic groups for a lack of updates or cohesive plan for retiring Bella to a sanctuary.[12]

### 2016 embezzlement Scandal

[edit]

In June 2016, the police conducted a probe into Lotte Corp for a possible slush fund and embezzlement.[13] The Seoul Central District Prosecutor's Office reported that 240 investigators raided 17 Lotte offices, including its central Seoul headquarters and the homes of founder Shin Kyuk-ho, Chairman Shin Dong-bin and other key executives, with 15 more offices being raided just a week later.[14]

After news of the investigation broke, between June 10 and June 14, Lotte Group firms lost over ₩1.21 trillion (US$1.06 billion) in market value.[15] By October, its value had fallen by 15.8% to ₩7.75 trillion (US$6.77 billion) compared to its June 9 figure of ₩9.26 trillion (US$8.09 billion).[16] Lotte Chemical Corp also withdrew from bidding for Axiall Corp in the wake of the scandal.[13]

On June 13, 2016, Lotte announced it would withdraw its initial public offering (IPO) for Hotel Lotte, which was scheduled for the following month. The IPO was predicted to garner up to ₩5.2 trillion (US$4.55 billion) which would have been the largest offering in South Korean history.[17] Lotte spokesperson Choi Min-ho told the Korean Herald, “we physically cannot meet next month’s deadline to complete the Hotel Lotte IPO given the current circumstances".[18] Despite local press reporting that Chairman Shin Dong-bin was keen to restart Hotel Lotte's IPO in 2020, Hotel Lotte is still yet to go public.[19]

In August 2016, Vice Chairman Lee In-won was found dead in his car with a four-page long suicide note.[20] His death came just hours before he was due to be questioned by prosecutors.[21] Lee was considered the top lieutenant of Chairman Shin Dong-bin.[13] According to a statement released by Lotte Group after his death, Lee "oversaw Lotte Group's overall housekeeping and core businesses and accurately understood the minds of Chairman-in-Chief Shin Kyuk-ho and Chairman Shin Dong-bin".[20]

In October 2016, the Seoul Central District Prosecutors' Office closed their investigation. The probe accused Lotte founder Shin Kyuk-ho, his son Chairman Shin Dong-bin, along his mistress Seo Mi-kyung and two other children of embezzling ₩146.2 billion (US$127.8 million). In addition, prosecutors claim they committed inheritance tax fraud amounting to ₩115.6 billion (US$101.05 million). A further ₩22 billion (US$19.23 million) of corporate tax was allegedly avoided by Lotte Chemical. South Korean authorities also argued that Lotte Engineering & Construction overpaid its suppliers and then reclaimed the difference, amounting to slush funds worth ₩30.2 billion (US$26.4 million).[16] In total, the allegations of misconduct amounted to ₩375.5 billion (US$328.25 million).

The following year, founder Shin Kyuk-ho was fined ₩3.5 billion (US$3.06 million) and sentenced to four years in prison. At 95 years old, it seemed possible he would spend his last days incarcerated, but he was able to avoid imprisonment due to health issues, eventually passing away in 2020.[22]

The founder's son and Chairman Shin Dong-bin was convicted of the charges of embezzlement and breach of trust, while Dong-bin's older brother Dong-joo was acquitted.[23]

### 2017 Bribery Scandal

[edit]

On 17 April 2017, Chairman Shin Dong-bin was embroiled in the 2016 South Korean political scandal and charged with bribery.[24] In order to secure a duty-free deal for Lotte, Shin was accused of donating ₩7 billion (US$6.12 million) to a non-profit controlled by incumbent President Park Geun-hye's close friend Choi Soon-sil.[25] On February 13, 2018, Shin was fined ₩7 billion (US$6.12 million) and sentenced to 2.5 years incarceration.[26] He was jailed immediately following the sentencing.[25]

Following his conviction, Shin stepped down as Chief Operating Officer of Lotte Group's Japanese-based holding firm but remained on the board of directors.[27]

In October 2018, an appeals court freed Shin from prison after just 234 days, giving him a suspended sentence of 4 years and cancelling the fine.[28] News of Shin's release increased Lotte Group's market value by 4.2%.[26]

A year later, in October 2019, the Seoul High Court upheld the appeals court's decision, arguing that Shin "passively" committed bribery with the understanding that not donating to Choi's non-profit would result in damage to Lotte Group.[29]

### Losses in China

[edit]

Since 2004, Lotte had invested over ₩8 trillion (US$6.99 billion) into growing their presence in China, operating 112 Lotte Mart stores, 12 cinemas 5 Lotte Department stores in 2017.[30] However, Lotte's Chinese operations reported net losses of ₩75.3 billion (US$65.82 million) in 2011, soaring sevenfold in just 3 years to ₩554.9 billion (US$485.07 million) in 2014.[31]

To counter potential threats from North Korea, South Korea & the US sought to deploy an advanced anti-missile defence system, THAAD, in 2016.[32] The site chosen was Lotte Skyhill Country Club in Seongsan due to its high elevation, distance from civilian centres and existing infrastructure.[33] A Lotte spokesperson said that leadership "agonized" over the decision to allow the sale of the golf course for the THAAD system, but concluded their hands were tied: "if we say no to the government, we can't do business in Korea".[34]

The installation of the THAAD system led to a rise in anti-Korean sentiment in China, with much of the ire directed at Lotte.[35] Government-controlled news media encouraged Chinese consumers to boycott the Korean conglomerate, and protests were held across multiple cities, with employees of a mall in Xuchang protesting Lotte as they sung the Chinese national anthem.[36]

Shortly after news of Lotte's co-operation with the THAAD installation, nearly all of Lotte Mart's 112 Chinese stores were closed down by the government due to supposed fire safety issues.[34] Lotte Department also suffered in the hostile business environment, with an operating loss of ₩140 billion (US$122.38 million) between 2016 and 2018.[35] Both Lotte Department Store & Lotte Mart formally ceased trading in China in 2018, with Lotte Chilsung Beverage & Lotte Confectionary leaving China a year later.[37]

In 2022, Lotte closed their Chinese headquarters, effectively ending their business operations in the mainland.[38]

## See also

[edit]

* Lotte World Tower
* Shin Dong-bin, also known as Akio Shigemitsu
* Chaebol

## References

[edit]

1. ^ "Chaebol rankings seesaw over 2 decades". Yonhap. Retrieved 19 December 2017.
2. ^ "Lotte Group founder Shin Kyuk-ho dies at age 99". Yonhap News Agency. 19 January 2020.
3. ^ "Lotte Duty Free expands into Australia and New Zealand". Inside Retail. 26 March 2019. Retrieved 15 February 2021.
4. ^ "Lotte Hotel Seoul – Hotel Facilities, Fitness, Spa, Conference room". www.lottehotel.com. Retrieved 19 August 2017.
5. ^ "Korean Chaebols: Lotte. The Origin of the Lotte Name". Retrieved 20 April 2014.
6. ^ "Inside the Korean cinemas offering a red-carpet experience". 13 September 2019.
7. ^ "LOTTE". www.lotte.co.kr. Retrieved 12 June 2024.
8. ^ "Zozo Marine Stadium | Travel Japan - Japan National Tourism Organization (Official Site)". Travel Japan. Retrieved 12 June 2024.
9. ^ Jong-young, Nam. "After animal death, Lotteworld says it won't acquire more beluga whales". The Hankyoreh. Retrieved 24 December 2023.
10. ^ Chen, Heather; Kwon, Junhyup (1 October 2021). "This Beluga Whale Has Been Held in a Conglomerate's Aquarium for Years". Vice. Retrieved 24 December 2023.
11. ^ Chen, Heather; Seo, Yoonjung (24 December 2023). "Free Bella: The fight to release a beluga whale from a South Korean mega mall's aquarium". CNN. Retrieved 24 December 2023.
12. ^ "Civic groups call for release of last beluga whale from Lotte World Aquarium". The Korea Times. 24 October 2023. Retrieved 24 December 2023.
13. ^ a b c Jin, Hyunjoo; Lee, Se Young (26 August 2016). "Lotte vice chairman found dead amid probe; suicide suspected". Reuters. Retrieved 26 August 2016.
14. ^ Sohn, Ji-young (14 June 2016). "[LOTTE CRISIS] 15 more Lotte affiliates raided in widening probe". The Korea Herald. Retrieved 18 January 2024.
15. ^ Choi, He-suk (14 June 2016). "[LOTTE CRISIS] Lotte firms' market cap lose another 400 billion won". The Korea Herald. Retrieved 18 January 2024.
16. ^ a b Sohn, Ji-youn (19 October 2016). "[LOTTE CRISIS] Prosecutors indict five Lotte family members". The Korea Herald. Retrieved 18 January 2024.
17. ^ Eun-jung, Kim (19 May 2016). "Hotel Lotte IPO expected to become S. Korea's biggest offering". Yonhap News Agency. Retrieved 18 January 2024.
18. ^ Kim, Youngwon (13 June 2016). "[LOTTE CRISIS] Hotel Lotte withdraws IPO as embezzlement probe deepens". The Korea Herald. Retrieved 18 January 2024.
19. ^ Son, Ji-hyoung (4 May 2020). "Lotte chief likely to push for Hotel Lotte IPO to win power struggle". The Korea Herald. Retrieved 18 January 2024.
20. ^ a b "Lotte vice chairman Lee In-won found dead". BBC News. 26 August 2016. Retrieved 18 January 2024.
21. ^ Won, Ho-jung (31 August 2016). "Shin Dong-joo to be grilled in Lotte Group corruption probe". The Korea Herald. Retrieved 19 January 2024.
22. ^ "Funeral service of late Lotte founder held". The Korea Herald. 22 January 2020. Retrieved 18 January 2024.
23. ^ Zhong, Raymond (22 December 2017). "Chairman of Lotte Group Is Convicted of Graft in South Korea, but Avoids Jail". The New York Times. Retrieved 18 January 2024.
24. ^ Ju-min Park & Christine Kim (17 April 2017). "South Korea charges ousted leader Park and Lotte chief with bribery". Reuters. Retrieved 18 January 2024.
25. ^ a b Ser, Myo-ja (17 October 2019). "Supreme Court keeps Lotte chairman from jail". Korea JoongAng Daily. Retrieved 18 January 2024.
26. ^ a b Yang, Heekyong (17 October 2019). "Lotte Group chairman stays out of jail as South Korea court ruling upheld". Reuters. Retrieved 18 January 2024.
27. ^ Kim, Da-sol (21 February 2018). "Lotte chief steps down as CEO from Japan-based holding firm". The Korea Herald. Retrieved 18 January 2024.
28. ^ Kim, Sohee (5 October 2018). "Lotte Chairman Shin Freed as Court Suspends Corruption Sentence". Bloomberg. Retrieved 18 January 2024.
29. ^ Lee, Minji (17 October 2019). "(2nd LD) Top court upholds suspended jail term for Lotte chief". Yonhap News Agency. Retrieved 18 January 2024.
30. ^ Kim, Da-sol (13 March 2019). "[News Focus] Lotte seeks to exit China after investing $7.2b". The Korea Herald. Retrieved 19 January 2024.
31. ^ "Lotte suffers over 1tn won loss in China: chairman's brother". The Korea Herald. 28 October 2015. Retrieved 19 January 2024.
32. ^ Choi, Kyong-ae (30 September 2016). "S. Korea selects golf course as new site for THAAD". Yonhap News Agency. Retrieved 19 January 2024.
33. ^ Park, Byeong-su (1 October 2016). "Why was the Lotte Skyhill golf course chosen as the new site for THAAD deployment?". Hanyoreh. Retrieved 19 January 2024.
34. ^ a b Cynthia Kim and Hyunjoo Jin (25 October 2017). "With China dream shattered over missile land deal, Lotte faces costly overhaul". Reuters. Retrieved 19 January 2024.
35. ^ a b "South Korea's Lotte seeks to exit China after investing $9.6 billion, as Thaad fallout ensues". The Straits Times. 13 March 2019. ISSN 0585-3923. Retrieved 19 January 2024.
36. ^ Hernández, Javier C.; Guo, Owen; Mcmorrow, Ryan (9 March 2017). "South Korean Stores Feel China's Wrath as U.S. Missile System Is Deployed". The New York Times. ISSN 0362-4331. Retrieved 19 January 2024.
37. ^ Kim, Jae-heun (23 May 2022). "Lotte to pull out of China, focus on Southeast Asia". The Korea Times. Retrieved 19 January 2024.
38. ^ Van, Tong (23 May 2022). "Lotte prepares to shut its China headquarters". Inside Retail Asia. Retrieved 19 January 2024.

## External links

[edit]

* Official website
* Business data for Lotte Corporation:

* Bloomberg
* Google
* Reuters
* Yahoo!

* v
* t
* e

Lotte Corporation

Subsidiaries|

| Current|

* Hotel Lotte
* Lotte Duty Free
* Lotte Hotels & Resorts
* Lotte World
* Lotte Capital
* Lotte Chemical
* Lotte Chemical Titan
* Lotte Chilsung
* Lotte Liquor
* Lotte Cultureworks
* Lotte Cinema
* Lotte Entertainment
* Lotte Global Logistics
* Lotte GRS
* Lotteria
* Angel-in-us
* Krispy Kreme Korea
* Lotte Rental
* Lotte Shopping
* Lotte Department Store
* Lotte Hi-Mart
* Lotte Mart
* Lotte Kolson
* Lotte Wellfood
* Guylian

|

Former and defunct|

* Lotte Card
* Hanaro Card
* Mybi
* Lotteria Japan

Related|

* Lotte Holdings
* Lotte World Tower
* Lotte World Mall
* Busan Lotte Town Tower
* Lotte Center Hanoi
* Nongshim

Sports|

* Lotte Giants
* Chiba Lotte Marines
* Lotte Championship

People|

* Shin Kyuk-ho
* Shin Dong-bin
* Shin Choon-ho

* v
* t
* e

Largest conglomerates in South Korea

Business Groups with a total asset exceeding 0.5% of the nominal GDP for 2024, as designated by KFTC

1. Samsung
2. SK
3. Hyundai Motor
4. LG
5. POSCO
6. Lotte
7. Hanwha
8. HD Hyundai
9. GS
10. Nonghyup
11. Shinsegae
12. KT
13. CJ
14. Hanjin
15. Kakao
16. LS
17. Doosan
18. DL
19. Celltrion
20. HMM
21. Jungheung Construction
22. Mirae Asset
23. Naver
24. Hyundai Department Store
25. S-Oil
26. Booyoung
27. Coupang
28. Kumho Asiana
29. Harim
30. SM
31. HDC
32. Young Poong
33. Hyosung
34. Hoban Construction
35. DB
36. KT&G
37. KCC
38. Sinokor
39. Kyobo Life Insurance
40. Kolon
41. OCI
42. Taeyoung
43. Nexon
44. SeAh
45. LX
46. Netmarble
47. EcoPro
48. E-Land

* v
* t
* e

KOSPI 200 companies of South Korea

* Amorepacific
* Amorepacific Group
* Asiana Airlines
* BGF Retail
* BNK Financial
* Celltrion
* Cheil Worldwide
* Chong Kun Dang
* CJ
* CJ CheilJedang
* CJ Logistics
* Cosmax
* Cosmo Chemical
* Coway
* CS Wind
* Daesang
* Daewoo E&C
* Daewoong
* Daewoong Pharmaceutical
* DB HiTek
* DB Insurance
* Dentium
* DGB Financial
* DL
* DL E&C
* Dongsuh
* Dongwon Systems
* Doosan
* Doosan Bobcat
* Doosan Enerbility
* Doosan Fuel Cell
* DoubleU Games
* Ecopro Materials
* Emart
* F&F
* Fila
* Foosung
* Grand Korea Leisure
* Green Cross
* Green Cross Holdings
* GS
* GS E&C
* GS Retail
* Hana Financial
* Hana Tour
* Hanall Biopharma
* Hanil Cement
* Hanjin KAL
* Hankook & Company
* Hankook
* Hanmi Pharm
* Hanmi Science
* Hanon Systems
* Hansae
* Hansol Chemical
* Hanssem
* Hanwha
* Hanwha Aerospace
* Hanwha Life
* Hanwha Ocean
* Hanwha Solutions
* Hanwha Systems
* HD Hyundai
* HD Hyundai Electric
* HD Hyundai Heavy
* HD Hyundai Infracore
* HD KSOE
* HiteJinro
* HL Mando
* HMM
* Hotel Shilla
* Hybe
* Hyosung
* Hyosung Advanced Materials
* Hyosung TNC
* Hyundai Department Store
* Hyundai Elevator
* Hyundai E&C
* Hyundai Glovis
* Hyundai Marine & Fire
* Hyundai Mipo Dockyard
* Hyundai Mobis
* Hyundai Motor
* Hyundai Rotem
* Hyundai Steel
* Hyundai WIA
* Iljin Hysolus
* Industrial Bank of Korea
* IS Dongseo
* JB Financial Group
* Kakao
* KakaoBank
* KakaoPay
* Kangwon Land
* KB Financial
* KCC
* KEPCO
* KEPCO E&C
* KEPCO KPS
* KG Mobility
* KG Steel
* Kia
* Kiwoom Securities
* Kolmar Korea
* Kolon
* Korea Aerospace
* Korea Gas
* Korea Investment
* Korea Petrochemical
* Korea Zinc
* Korean Air
* Krafton
* KT
* KT&G
* Kumho Petrochemical
* Kumho Tire
* Kumyang
* LG
* LG Chem
* LG Display
* LG Electronics
* LG Energy Solution
* LG H&H
* LG Innotek
* LG Uplus
* LIG Nex1
* Lotte
* Lotte Chemical
* Lotte Chilsung
* Lotte Fine Chemical
* Lotte Energy Materials
* Lotte Shopping
* Lotte Tour Development
* Lotte Wellfood
* LS
* LS Electric
* LX International
* Meritz Financial
* Mirae Asset Securities
* Myoungshin
* Naver
* NCSoft
* Netmarble
* NH Investment & Securities
* Nongshim
* OCI
* Orion
* Orion Holdings
* Ottogi
* Pan Ocean
* PI Advanced Materials
* Poongsan
* POSCO
* POSCO Future M
* POSCO International
* S-1 Corporation
* Sama Aluminium
* Samsung Biologics
* Samsung C&T
* Samsung Card
* Samsung Electro-Mechanics
* Samsung Electronics
* Samsung Engineering
* Samsung Fire & Marine
* Samsung Heavy
* Samsung Life
* Samsung SDI
* Samsung SDS
* Samsung Securities
* Samyang Foods
* SD Biosensor
* Seah Besteel
* Sebang
* Shinhan Financial
* Shinpoong
* Shinsegae
* Shinsegae International
* SK
* SK Biopharm
* SK Bioscience
* SK Chemical
* SK Hynix
* SK IE Technology
* SK Innovation
* SK Networks
* SK Square
* SK Telecom
* SKC
* SL
* S-Oil
* Ssangyong C&E
* Taihan
* TCC Steel
* TKG Huchems
* Woori Financial
* Youlchon Chemical
* Young Poong
* Youngone
* Youngone Holdings
* Yuhan

* v
* t
* e

Nongshim

People|

* Shin Choon-ho (founder)
* Shin Dong-won

Brands|

* Ansungtangmyun
* Chapagetti
* Jjapaguri
* Neoguri
* Saeukkang
* Shin Ramyun

Tournaments|

* Nongshim Cup
* 1st Nongshim Cup
* 2nd Nongshim Cup
* 3rd Nongshim Cup
* 4th Nongshim Cup
* 5th Nongshim Cup
* 6th Nongshim Cup
* 7th Nongshim Cup
* 8th Nongshim Cup
* 9th Nongshim Cup
* 10th Nongshim Cup
* 11th Nongshim Cup
* 12th Nongshim Cup
* 13th Nongshim Cup
* 14th Nongshim Cup
* 15th Nongshim Cup
* 16th Nongshim Cup
* 17th Nongshim Cup
* 18th Nongshim Cup
* 19th Nongshim Cup
* 20th Nongshim Cup
* 21st Nongshim Cup
* 22nd Nongshim Cup
* 23th Nongshim Cup
* 24th Nongshim Cup
* 25th Nongshim Cup
* Nongshim RedForce

Related articles|

* Lotte Corporation

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