One Hundred disputes claims of financial mismanagement and announces legal action against misleading reports by THE FACT.
December/30/2025 12:53Related Groups & Members
One Hundred, to which THE BOYZ belongs, refuted reports regarding costume costs and advance payments. On the 29th, One Hundred clarified through an official comment, "Regarding the article reported today by THE FACT, we would like to convey our position on the facts as follows." Prior to this, on the same day, the Korean media THE FACT reported that One Hundred's losses alone reached 18 billion won (about 1.8 billion yen), indicating a state of complete capital erosion, and that "the annual costume cost amounts to 10.8 billion won (about 1.1 billion yen), confirming an unreasonable flow of funds." In response, One Hundred stated, "The content of the relevant report is due to an error in the description during the process of preparing the audit report, where the items for costume costs and production costs were swapped. We confirmed the error in the financial statements around July 2025 and requested a correction notice from an external accounting audit firm. The correction procedures have already been completed and are scheduled to be reflected as of March 31, 2026." They continued, "The article simply summed up the advance payments received in 2023 and 2024, stating a total of 72 billion won (about 7.2 billion yen), which is not true. The advance payment received in 2023 was 29 billion won (about 2.9 billion yen), and the additional advance payment received in 2024 was 14 billion won (about 1.4 billion yen). Therefore, the expression 'a total of 72 billion won in advance payments over two years' mentioned in the article is a calculation error that does not accurately reflect the actual financial situation. Additionally, we would like to inform you that the total amount of advance payments provided by Chairman Cha Ga-won to Big Planet Made, One Hundred, and INB100 has significantly exceeded the amount received as advance payments." They also expressed deep regret that the article was published without guaranteeing sufficient opportunity for rebuttal from THE FACT, stating that the content had not been clearly confirmed, and announced plans for civil and criminal legal measures.
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