{
 "as_of": "2026-11-06",
 "cmr": "kr-cm-kg/KOSDAQ/119500",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# FORMETAL CO., LTD (KOSDAQ: 119500) — research page\n\nAs of 2026-11-06 · kr-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is FORMETAL CO., LTD, listed on KOSDAQ under ticker 119500, ISIN KR7119500007. The LEI is not on the record, as no GLEIF record is registered under the corporate registration number 134-81-06140. The security type is Corporate, the segment is not on the record, the sector is 기타 금속 가공제품 제조업, and the jurisdiction is South Korea as a DART filer. The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 17 filings across 14 filing days in the twelve months to 2026-11-06. The median gap between filing days is 22 days. The latest filing is dated 2026-11-02 and is of type major_holder, 4 days before the record date. The KOSDAQ median cadence gap is 8.0 days, the KOSDAQ median filings count is 33, and the KOSDAQ median latency is 16.0 days, across 1819 issuers. The sector median cadence gap is 11.5 days, the sector median filings count is 29.5, and the sector median latency is 8 days, across 28 issuers.\n\n## Auditor\n\nThe auditor of record is 태성회계법인, and its location is not on the record. Auditor changes are not on the record, as the market's record does not carry them.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as no lifecycle type map exists for this register. The issuer is listed and not halted.\n\n## Orderability\n\nThe outcome is not determinable for this issuer, as the chapter's orderability section carries no client categories and so cannot name its client category. The rule version is acm-68000/kr/suitability-and-appropriateness-fscma-articles-46-and-46-2/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations pages read, so the count is 0.\n\n## Open research\n\nOne openly published research note is on the record, published by IBK Investment & Securities on 2011-12-28.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-12. Years 2021 through 2026 are sealed in the store but are not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13 (identity.exchange)\n- https://data.krx.co.kr/comm/bldAttendant/getJsonData.cmd (identity.isin)\n- https://opendart.fss.or.kr/api/company.json?corp_code=00188797 (identity.jurisdiction)\n- https://mcp.kr-cm-kg.ai/events/KOSDAQ/119500 (the disclosure lines)\n- https://kind.krx.co.kr/investwarn/tradinghaltissue.do?method=searchTradingHaltIssueMain (the halt flag)\n- https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260318000905 (the auditor)\n- https://mcp.kr-cm-kg.ai/book/aio.json (the orderability chapter)\n- http://imgstock.naver.com/upload/research/company/1325044028335.pdf (open research)\n- https://mcp.kr-cm-kg.ai/record/KOSDAQ/119500 (the record)\n",
 "market": "KR",
 "node": "kr-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-12",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the KR store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "DART API 회계감사인의 명칭 및 감사의견 (annual report 11011, business year 2025)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260318000905",
    "state": "sourced",
    "value": "태성회계법인"
   },
   "auditor_firm_id": {
    "market": "KR",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "KR",
    "state": "not_on_record"
   },
   "changes": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "kr-cm-kg/KOSDAQ/119500",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 1819,
     "median_cadence_gap_days": 8,
     "median_filings": 33,
     "median_latency_days": 16,
     "name": "KOSDAQ"
    },
    "sector": {
     "issuers": 28,
     "median_cadence_gap_days": 11.5,
     "median_filings": 29.5,
     "median_latency_days": 8,
     "name": "기타 금속 가공제품 제조업"
    }
   },
   "by_type": {
    "agm_egm": 3,
    "corporate_news": 2,
    "dividend": 1,
    "major_holder": 5,
    "regulatory_filing": 1,
    "results": 5
   },
   "cadence_median_gap_days": 22,
   "filing_days": 14,
   "filings": 17,
   "latency_days": 4,
   "latest": [
    {
     "category": null,
     "date": "2026-11-02",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20261102000134",
     "title": "주식등의대량보유상황보고서(일반)",
     "type": "major_holder"
    },
    {
     "category": null,
     "date": "2026-08-14",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260814002231",
     "title": "반기보고서 (2026.06)",
     "type": "results"
    },
    {
     "category": null,
     "date": "2026-07-22",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260722000148",
     "title": "주식등의대량보유상황보고서(일반)",
     "type": "major_holder"
    },
    {
     "category": null,
     "date": "2026-06-30",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260630000531",
     "title": "주식등의대량보유상황보고서(일반)",
     "type": "major_holder"
    },
    {
     "category": null,
     "date": "2026-05-15",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260515002010",
     "title": "분기보고서 (2026.03)",
     "type": "results"
    }
   ],
   "latest_filing_date": "2026-11-02",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.kr-cm-kg.ai/events/KOSDAQ/119500",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "KOSDAQ"
   },
   "isin": {
    "read_by": "KRX stock finder (data.krx.co.kr finder_stkisu: full_code = the KRX standard code)",
    "read_date": "2026-11-08",
    "read_date_basis": "the field",
    "source": "https://data.krx.co.kr/comm/bldAttendant/getJsonData.cmd  [POST bld=dbms/comm/finder/finder_stkisu, mktsel=ALL]",
    "state": "sourced",
    "value": "KR7119500007"
   },
   "jurisdiction": {
    "read_by": "DART company.json (company profile per corp_code, keyed API) (jurir_no)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://opendart.fss.or.kr/api/company.json?corp_code=00188797",
    "state": "sourced",
    "value": "South Korea (DART filer with a corporate registration number)"
   },
   "lei": {
    "market": "KR",
    "reason": "no GLEIF record registered as 134-81-06140",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "DART company.json (company profile per corp_code, keyed API)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://opendart.fss.or.kr/api/company.json?corp_code=00188797",
    "state": "sourced",
    "value": "FORMETAL CO., LTD"
   },
   "sector": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download) (업종)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "기타 금속 가공제품 제조업"
   },
   "security_type": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "KR",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "119500"
   },
   "website": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "http://www.formetal.co.kr"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "KR",
  "node": "kr-cm-kg",
  "numbers_hash": "sha256:d4c958c582c177c488940bfadc99f03393ecf9ba002d779e9b3263a672ae94fe",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2011-12-28",
     "kind": "independent",
     "publisher": "IBK Investment & Securities",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "http://imgstock.naver.com/upload/research/company/1325044028335.pdf",
     "state": "sourced",
     "title": "Formetal: 안산시대 종료, 서산시대 개막!"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.kr-cm-kg.ai/book/aio.json",
    "door": "https://mcp.kr-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/kr/suitability-and-appropriateness-fscma-articles-46-and-46-2/r1",
   "section": "kr.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.kr-cm-kg.ai/record/KOSDAQ/119500",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://kind.krx.co.kr/investwarn/tradinghaltissue.do?method=searchTradingHaltIssueMain",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:d4c958c582c177c488940bfadc99f03393ecf9ba002d779e9b3263a672ae94fe",
 "path": "/kr/KOSDAQ/119500",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is FORMETAL CO., LTD, listed on KOSDAQ under ticker 119500, ISIN KR7119500007. The LEI is not on the record, as no GLEIF record is registered under the corporate registration number 134-81-06140. The security type is Corporate, the segment is not on the record, the sector is 기타 금속 가공제품 제조업, and the jurisdiction is South Korea as a DART filer. The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 17 filings across 14 filing days in the twelve months to 2026-11-06. The median gap between filing days is 22 days. The latest filing is dated 2026-11-02 and is of type major_holder, 4 days before the record date. The KOSDAQ median cadence gap is 8.0 days, the KOSDAQ median filings count is 33, and the KOSDAQ median latency is 16.0 days, across 1819 issuers. The sector median cadence gap is 11.5 days, the sector median filings count is 29.5, and the sector median latency is 8 days, across 28 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is 태성회계법인, and its location is not on the record. Auditor changes are not on the record, as the market's record does not carry them.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as no lifecycle type map exists for this register. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable for this issuer, as the chapter's orderability section carries no client categories and so cannot name its client category. The rule version is acm-68000/kr/suitability-and-appropriateness-fscma-articles-46-and-46-2/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations pages read, so the count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "One openly published research note is on the record, published by IBK Investment & Securities on 2011-12-28.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-12. Years 2021 through 2026 are sealed in the store but are not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13"
  },
  {
   "for": "identity.isin",
   "source": "https://data.krx.co.kr/comm/bldAttendant/getJsonData.cmd"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://opendart.fss.or.kr/api/company.json?corp_code=00188797"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.kr-cm-kg.ai/events/KOSDAQ/119500"
  },
  {
   "for": "the halt flag",
   "source": "https://kind.krx.co.kr/investwarn/tradinghaltissue.do?method=searchTradingHaltIssueMain"
  },
  {
   "for": "the auditor",
   "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260318000905"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.kr-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "http://imgstock.naver.com/upload/research/company/1325044028335.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.kr-cm-kg.ai/record/KOSDAQ/119500"
  }
 ],
 "title": "FORMETAL CO., LTD (119500) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}