“Had I known, I would’ve bought more Samyang stock”
Buldak-bokkeum-myeon’s overseas surge has put Samyang Foods on a new trajectory. In 2024, Samyang’s overseas sales jumped 65% year-on-year to KRW 1.34 trillion, with exports accounting for 77% of total revenue. As global demand translated into earnings, the share price flirted with the so-called “emperor-stock” club. In May 2025 it broke through KRW 1 million intraday, with reports of an all-time high around KRW 1.23 million in the same month. The company’s market cap hovered in the KRW 7 trillion range that spring.
Underpinning this ascent is Buldak’s “export-native” profile. Challenge culture amplified by TikTok and YouTube, the maturing of K-food distribution channels, and strong local partnerships effectively redefined Samyang as an export-driven ramen company. Its spicy portfolio expanded across the U.S., Europe, and Southeast Asia, while brand collaborations and localized products scored back-to-back hits—prompting the market to price in a growth-stock story. The simple proposition—“Buldak pulls, exports push”—was borne out by the numbers.
Then, in November 2025, Samyang played a meaningful card: Samyang Ramen 1963. It’s a remake of Korea’s first instant ramen, updated to today’s hygiene and process standards. The beef-tallow (uji) fried flavor that stalled 36 years ago amid the “uji scandal” has been revived, now rendered with a “golden blend” of animal and vegetable oils to suit modern tastes. This is not mere nostalgia but a modernization of heritage. A single packet returns to the checkout counter carrying layers of corporate history, consumer culture, and even judicial judgment.
I welcome this comeback. There was a long lag between the moral panic of 1989 and the Supreme Court’s acquittal in 1997. The law reached its conclusion, but the market and public sentiment recovered much more slowly. “1963” is a symbolic event that helps close that gap. The company has faced its old wounds head-on, and consumers are ready to judge with information and taste. The return of a simple packet of ramen, without exaggeration, marks the maturing of both industry and consumption.
From an investor’s angle, the story is just as intriguing. As the export pivot became visible in 2024–2025, the market had already priced in a “Buldak premium.” The intraday break above KRW 1 million, the KRW 1.23 million peak, and a KRW 7 trillion market cap were compressed expressions of that expectation. Layer on a heritage reboot like “1963,” and the brand gains breadth while the value chain gains depth. Expanding the premium lineup, story-driven limited editions, and collaborations connecting gastronomy and culture should add real muscle to the growth narrative. Of course, share prices always fluctuate. The next checkpoints are whether the story converts into earnings and cash flow, and whether overseas subsidiaries, distribution, and cost structure support it.
| the uproars of Samyang Ramen Stcok |
The conclusion is simple: Buldak opened the future, and “1963” summoned the past. Where those two axes meet, Samyang’s brand grows sturdier. And one honest confession: If I’d known this ramen was coming, I would’ve loaded up on Samyang stock.
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