SCHEDULE: FMR LLC Reports 10.1% Stake in WEBTOON ENTERTAINMENT

Sentiment:

Beneficial Ownership Report 5 December 2025 2:03 PM

📋All filings for Webtoon Entertainment INC

FMR LLC and Abigail P. Johnson have reported a 10.1% beneficial ownership stake in WEBTOON ENTERTAINMENT INC, holding over 13.2 million common shares.

Summary

FMR LLC and Abigail P. Johnson collectively beneficially own 13,266,483.11 shares of WEBTOON ENTERTAINMENT INC's common stock.
This ownership represents 10.1% of the total outstanding common stock.
FMR LLC holds sole voting power over 13,262,011.00 shares and sole dispositive power over 13,266,483.11 shares.
Abigail P. Johnson, as an individual, also reports beneficial ownership of 13,266,483.11 shares with sole dispositive power.
The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
FMR LLC is classified as a parent holding company, and Abigail P. Johnson is an individual.
Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC (which beneficially owns 5% or more), are involved in the beneficial ownership.

Sentiment

Score: 7

Explanation: The filing indicates a significant and stable institutional ownership stake by FMR LLC, a major investment firm, which is generally a positive signal for a company. The stated purpose of holding shares in the ordinary course of business, without intent to influence control, suggests a long-term, passive investment perspective. This implies confidence in the company's current management and strategy.

Positives

A major institutional investor, FMR LLC, maintains a significant 10.1% stake, indicating continued confidence in WEBTOON ENTERTAINMENT INC.
The acquisition of shares was stated to be in the ordinary course of business, suggesting a long-term investment strategy rather than an activist intent.

Negatives

Risks

Future Outlook

The reporting persons state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of WEBTOON ENTERTAINMENT INC.

Management Comments

To the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Industry Context

This filing indicates continued institutional interest in WEBTOON ENTERTAINMENT INC, a company operating in the digital content and entertainment sector, which has seen significant growth in recent years, particularly in webcomics and digital storytelling platforms.

Comparison to Industry Standards

Stakeholder Impact

Shareholders: Existing shareholders may view the significant and stable institutional ownership by FMR LLC as a positive indicator of long-term value and stability.
Management: The statement that the shares are not held for the purpose of changing or influencing control suggests that current management can continue executing its strategy without immediate pressure from this large shareholder.

Next Steps

FMR LLC and Abigail P. Johnson will continue to monitor their beneficial ownership in WEBTOON ENTERTAINMENT INC and file amendments to Schedule 13G as required by SEC rules if their ownership percentage changes materially.

Key Dates

Date	Description
2023-01-03	Effective date of Power of Attorney for FMR LLC and its subsidiaries for Stephanie J. Brown.
2023-01-10	FMR LLC filed Exhibit 24 to Schedule 13G (accession number: -23-000003).
2023-01-26	Effective date of Power of Attorney for Abigail P. Johnson for Stephanie J. Brown.
2023-01-31	FMR LLC filed Exhibit 24 to Schedule 13G (accession number: -23-000038).
2025-11-28	Date of event which requires filing of this statement (beneficial ownership calculation date).
2025-12-04	Date of signing and filing of this Schedule 13G Amendment No. 1.

Recommendation

hold

This Schedule 13G filing primarily discloses a significant beneficial ownership stake by FMR LLC and Abigail P. Johnson in WEBTOON ENTERTAINMENT INC. While the 10.1% stake by a major institutional investor is a positive signal of confidence, the filing itself does not provide new financial performance data, strategic updates, or other fundamental information that would warrant a change in investment recommendation. The stated intent of holding shares in the ordinary course of business, without seeking to influence control, suggests a passive, long-term investment. Therefore, a 'hold' recommendation is appropriate, pending further operational or financial disclosures from the company.

Keywords

WEBTOON ENTERTAINMENT INC, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Ownership Stake

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