{"slug":"yum-brands","name":"얌! 브랜즈","name_en":"Yum! Brands","ticker":"YUM","updated_at":"2026-09-12T00:48:03.055856+00:00","canonical":"https://valuechain.wiki/yum-brands","citable":"밸류체인 그래프 기준 얌! 브랜즈의 직접 연결 기업은 2곳(관계 기준 공급 2·매출 0)이고, 사슬을 2차까지 넓히면 11곳에 닿는다. 링크의 근거 출처는 7건이며 그중 1차공시가 2건이다 (valuechain.wiki, 2026-09-12 기준).","citable_en":"Per the valuechain.wiki graph, Yum! Brands is directly linked to 2 companies (2 supply, 0 revenue relationships) and reaches 11 companies within two hops; the links are backed by 7 dated sources, 2 of them primary filings (as of 2026-09-12).","kicker":"글로벌 외식 프랜차이즈","kicker_en":"Global restaurant franchisor","lead":"얌! 브랜즈는 KFC, 타코벨, 피자헛, 해빗버거 브랜드를 운영하며 가맹점 로열티와 직영점 판매로 돈을 번다. 매장 식자재와 유통, 배달 플랫폼, 공통 기술 인프라에 비용을 쓰고 인수한 소프트웨어를 자체 플랫폼으로 묶는다.","lead_en":"Yum! Brands earns revenue from franchise royalties and company-store sales across KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. Its operating network spends on restaurant inputs, distribution, delivery platforms and shared technology, while acquired software is integrated into its own platform.","categories":[{"key":"food-beverage-brands","ko":"식품·음료 브랜드","en":"Food & Beverage Brands","theme":"consumer-commerce","theme_ko":"소비 브랜드·유통","theme_en":"Consumer Brands & Commerce","theme_kind":"sector","primary":true}],"segments":{"parts":[{"name":"KFC 부문"},{"name":"타코벨 부문"},{"name":"피자헛 부문"},{"name":"해빗버거 앤 그릴 부문"}],"total":"FY2025 총매출 82억 1,400만 달러","track":"C"},"segments_en":{"parts":[{"name":"KFC Division"},{"name":"Taco Bell Division"},{"name":"Pizza Hut Division"},{"name":"Habit Burger & Grill Division"}],"total":"FY2025 total revenue of $8.214 billion"},"returns_yearly":{"2021":30.1,"2022":-6,"2023":3.9,"2024":4.7,"2025":14.9,"2026":0.6},"return_asof":"2026-09-04","value_chain":{"leading":[],"benefiting":[{"slug":"uber","name":"Uber","name_en":"Uber","tier":1,"returns_yearly":{"2021":-17.8,"2022":-41,"2023":149,"2024":-2,"2025":35.5,"2026":-7.3}},{"slug":"aurora","name":"Aurora Innovation","name_en":"Aurora Innovation","tier":2,"returns_yearly":{"2022":-89.3,"2023":261.2,"2024":44.2,"2025":-39,"2026":51.8}},{"slug":"nvidia","name":"NVIDIA","name_en":"NVIDIA","tier":2,"returns_yearly":{"2021":125.5,"2022":-50.3,"2023":239,"2024":171.2,"2025":38.9,"2026":23.2}},{"slug":"caseys","name":"케이시스","name_en":"Casey's","tier":2,"returns_yearly":{"2021":11.2,"2022":14.5,"2023":23.3,"2024":45,"2025":40.1,"2026":17.2}},{"slug":"amazon","name":"아마존","name_en":"Amazon","tier":2,"returns_yearly":{"2021":2.4,"2022":-49.6,"2023":80.9,"2024":44.4,"2025":5.2,"2026":12}},{"slug":"darden-restaurants","name":"다든 레스토랑","name_en":"Darden Restaurants","tier":2,"returns_yearly":{"2021":29.5,"2022":-4.8,"2023":22.8,"2024":17.7,"2025":1.6,"2026":10.8}},{"slug":"alphabet","name":"알파벳 (구글)","name_en":"Alphabet (Google)","tier":2,"returns_yearly":{"2021":65.3,"2022":-39.1,"2023":58.3,"2024":36,"2025":66,"2026":8.3}},{"slug":"dollar-tree","name":"달러 트리","name_en":"Dollar Tree, Inc.","tier":2,"returns_yearly":{"2021":30.1,"2022":0.7,"2023":0.4,"2024":-47.2,"2025":64.1,"2026":6.8}},{"slug":"dollar-general","name":"달러 제너럴","name_en":"Dollar General Corporation","tier":2,"returns_yearly":{"2021":13,"2022":5.6,"2023":-44.1,"2024":-43.1,"2025":79.6,"2026":1.8}},{"slug":"oracle","name":"Oracle","name_en":"Oracle","tier":2,"returns_yearly":{"2021":36.9,"2022":-4.6,"2023":30.9,"2024":60,"2025":18.1,"2026":-26.5}},{"slug":"kia","name":"기아","name_en":"Kia","tier":2,"returns_yearly":{"2021":3.1,"2022":-13.8,"2023":54,"2024":3.7,"2025":60.1,"2026":-26.9}},{"slug":"sandisk","name":"샌디스크","name_en":"SanDisk","tier":3,"returns_yearly":{"2026":633}},{"slug":"samsung-electro-mechanics","name":"삼성전기","name_en":"Samsung Electro-Mechanics","tier":3,"returns_yearly":{"2021":-11.8,"2022":-18.5,"2023":-1.4,"2024":-2.5,"2025":110,"2026":402.2}},{"slug":"nanya-pcb","name":"난야PCB","name_en":"Nan Ya PCB","tier":3,"returns_yearly":{"2021":110.6,"2022":-46.7,"2023":-0.5,"2024":-38.3,"2025":188.2,"2026":280.5}},{"slug":"micron","name":"Micron Technology","name_en":"Micron Technology","tier":3,"returns_yearly":{"2021":24.2,"2022":-45.9,"2023":71.9,"2024":-1,"2025":240.2,"2026":256.4}},{"slug":"unimicron","name":"유니마이크론","name_en":"Unimicron","tier":3,"returns_yearly":{"2021":133.5,"2022":-30.2,"2023":35.2,"2024":-19.7,"2025":175.7,"2026":236.2}},{"slug":"seagate","name":"Seagate","name_en":"Seagate Technology","tier":3,"returns_yearly":{"2021":87.5,"2022":-51.4,"2023":69.1,"2024":4.1,"2025":225.3,"2026":209.1}},{"slug":"ase","name":"ASE테크놀로지","name_en":"ASE Technology","tier":3,"returns_yearly":{"2021":38.3,"2022":-12.8,"2023":60.9,"2024":10.1,"2025":65.6,"2026":191.3}},{"slug":"bloom-energy","name":"Bloom Energy","name_en":"Bloom Energy","tier":3,"returns_yearly":{"2021":-23.5,"2022":-12.8,"2023":-22.6,"2024":50.1,"2025":291.2,"2026":191}},{"slug":"amd","name":"AMD","name_en":"AMD","tier":3,"returns_yearly":{"2021":56.9,"2022":-55,"2023":127.6,"2024":-18.1,"2025":77.3,"2026":183.9}},{"slug":"nebius","name":"Nebius","name_en":"Nebius Group","tier":3,"returns_yearly":{"2025":202.2,"2026":170.5}},{"slug":"mediatek","name":"미디어텍","name_en":"MediaTek","tier":3,"returns_yearly":{"2021":27.8,"2022":-26.6,"2023":52.9,"2024":58.3,"2025":24.9,"2026":168.1}},{"slug":"marvell","name":"Marvell","name_en":"Marvell","tier":3,"returns_yearly":{"2021":84.6,"2022":-57.5,"2023":63.7,"2024":83.8,"2025":-22.8,"2026":163.4}},{"slug":"intel","name":"Intel","name_en":"Intel","tier":3,"returns_yearly":{"2021":6.1,"2022":-46.6,"2023":94.6,"2024":-59.6,"2025":84,"2026":159.6}},{"slug":"kioxia","name":"키옥시아","name_en":"Kioxia","tier":3,"returns_yearly":{"2025":1082.1,"2026":155}},{"slug":"ibiden","name":"Ibiden","name_en":"Ibiden","tier":3,"returns_yearly":{"2021":30.4,"2022":-19.6,"2023":51.6,"2024":-38.6,"2025":261,"2026":149.3}},{"slug":"arm","name":"Arm Holdings","name_en":"Arm Holdings","tier":3,"returns_yearly":{"2024":64.2,"2025":-11.4,"2026":143.6}},{"slug":"lumentum","name":"Lumentum","name_en":"Lumentum","tier":3,"returns_yearly":{"2021":11.6,"2022":-50.7,"2023":0.5,"2024":60.1,"2025":339.1,"2026":139.1}},{"slug":"lg-innotek","name":"LG이노텍","name_en":"LG Innotek","tier":3,"returns_yearly":{"2021":78.2,"2022":-22,"2023":-28.8,"2024":-22.1,"2025":66.8,"2026":134.8}},{"slug":"murata","name":"Murata","name_en":"Murata Manufacturing","tier":3,"returns_yearly":{"2021":-14,"2022":-11.7,"2023":24.7,"2024":-16.5,"2025":29.9,"2026":131.5}},{"slug":"astera-labs","name":"Astera Labs","name_en":"Astera Labs","tier":3,"returns_yearly":{"2025":25.6,"2026":105.7}},{"slug":"wiwynn","name":"Wiwynn","name_en":"Wiwynn","tier":3,"returns_yearly":{"2021":24.7,"2022":-22.3,"2023":206.4,"2024":3.5,"2025":64.4,"2026":92.3}},{"slug":"sk-hynix","name":"SK하이닉스","name_en":"SK hynix","tier":3,"returns_yearly":{"2021":-0.4,"2022":-25.6,"2023":53.9,"2024":48.6,"2025":361.1,"2026":85.3}},{"slug":"teradyne","name":"Teradyne","name_en":"Teradyne","tier":3,"returns_yearly":{"2021":36.8,"2022":-46.3,"2023":24.8,"2024":16.5,"2025":54.4,"2026":84.6}},{"slug":"flex-ltd","name":"플렉스","name_en":"Flex Ltd.","tier":3,"returns_yearly":{"2021":1.9,"2022":17.1,"2023":41.9,"2024":67.2,"2025":57.4,"2026":81.2}},{"slug":"corning","name":"Corning","name_en":"Corning","tier":3,"returns_yearly":{"2021":5.9,"2022":-11.6,"2023":-1.2,"2024":60.6,"2025":87.8,"2026":77.2}},{"slug":"coherent","name":"Coherent","name_en":"Coherent","tier":3,"returns_yearly":{"2021":-10,"2022":-48.6,"2023":24,"2024":117.6,"2025":94.8,"2026":69.4}},{"slug":"samsung-electronics","name":"삼성전자","name_en":"Samsung Electronics","tier":3,"returns_yearly":{"2021":-9,"2022":-14.2,"2023":20.9,"2024":-26.4,"2025":212.9,"2026":63.8}},{"slug":"delta-electronics","name":"Delta Electronics","name_en":"Delta Electronics","tier":3,"returns_yearly":{"2021":-3.4,"2022":10.4,"2023":-0.3,"2024":59.2,"2025":183.8,"2026":61.9}},{"slug":"keysight","name":"Keysight","name_en":"Keysight Technologies","tier":3,"returns_yearly":{"2021":56.3,"2022":-17.2,"2023":-7,"2024":1,"2025":26.5,"2026":61}},{"slug":"ge-vernova","name":"GE Vernova","name_en":"GE Vernova","tier":3,"returns_yearly":{"2025":99,"2026":54}},{"slug":"monolithic-power","name":"Monolithic Power","name_en":"Monolithic Power","tier":3,"returns_yearly":{"2021":35.5,"2022":-27.8,"2023":79.8,"2024":-5.6,"2025":54.5,"2026":53.7}},{"slug":"analog-devices","name":"Analog Devices","name_en":"Analog Devices","tier":3,"returns_yearly":{"2021":21,"2022":-4.9,"2023":23.4,"2024":8.8,"2025":29.8,"2026":51.1}},{"slug":"tsmc","name":"TSMC","name_en":"TSMC","tier":3,"returns_yearly":{"2021":12.1,"2022":-36.7,"2023":42.3,"2024":92.6,"2025":55.9,"2026":50.3}},{"slug":"wistron","name":"위스트론","name_en":"Wistron","tier":3,"returns_yearly":{"2021":7.9,"2022":9.7,"2023":272.7,"2024":-1.6,"2025":22.7,"2026":49.7}},{"slug":"occidental-petroleum","name":"옥시덴탈 페트롤리엄","name_en":"Occidental Petroleum","tier":3,"returns_yearly":{"2021":67.7,"2022":119.1,"2023":-4.1,"2024":-15.9,"2025":-14.9,"2026":48.2}},{"slug":"arista","name":"Arista Networks","name_en":"Arista Networks","tier":3,"returns_yearly":{"2021":97.9,"2022":-15.6,"2023":94.1,"2024":87.7,"2025":18.5,"2026":47.9}},{"slug":"terawulf","name":"TeraWulf","name_en":"TeraWulf","tier":3,"returns_yearly":{"2021":77.1,"2022":-95.5,"2023":258.2,"2024":135.8,"2025":103,"2026":43.7}},{"slug":"caterpillar","name":"Caterpillar","name_en":"Caterpillar","tier":3,"returns_yearly":{"2021":16,"2022":18.6,"2023":25.9,"2024":24.7,"2025":60.3,"2026":40.6}},{"slug":"alchip","name":"알칩","name_en":"Alchip Technologies","tier":3,"returns_yearly":{"2021":14.3,"2022":-8.7,"2023":365.1,"2024":-18.9,"2025":0.8,"2026":40.1}},{"slug":"fedex","name":"페덱스","name_en":"FedEx","tier":3,"returns_yearly":{"2021":0.7,"2022":-31.6,"2023":49.1,"2024":13.5,"2025":5.1,"2026":39.6}},{"slug":"onsemi","name":"onsemi","name_en":"onsemi","tier":3,"returns_yearly":{"2021":107.5,"2022":-8.2,"2023":33.9,"2024":-24.5,"2025":-14.1,"2026":37.4}},{"slug":"ciena","name":"Ciena","name_en":"Ciena","tier":3,"returns_yearly":{"2021":45.6,"2022":-33.8,"2023":-11.7,"2024":88.4,"2025":175.8,"2026":37.3}},{"slug":"globalstar","name":"글로벌스타","name_en":"Globalstar","tier":3,"returns_yearly":{"2021":241.2,"2022":14.7,"2023":45.9,"2024":6.7,"2025":96.6,"2026":37.3}},{"slug":"jabil","name":"자빌","name_en":"Jabil","tier":3,"returns_yearly":{"2021":66.4,"2022":-2.5,"2023":87.4,"2024":13.3,"2025":58.7,"2026":36.3}},{"slug":"eaton","name":"Eaton","name_en":"Eaton","tier":3,"returns_yearly":{"2021":46.7,"2022":-7.2,"2023":56.2,"2024":39.5,"2025":-2.8,"2026":36}},{"slug":"pegatron","name":"페가트론","name_en":"Pegatron","tier":3,"returns_yearly":{"2021":-5.9,"2022":0.6,"2023":35.3,"2024":21.2,"2025":-23.8,"2026":34.5}},{"slug":"advantest","name":"Advantest","name_en":"Advantest","tier":3,"returns_yearly":{"2021":17,"2022":-2.3,"2023":155.7,"2024":49.5,"2025":196,"2026":29.9}},{"slug":"amphenol","name":"Amphenol","name_en":"Amphenol","tier":3,"returns_yearly":{"2021":34.9,"2022":-12,"2023":31.5,"2024":41.3,"2025":96.1,"2026":29.8}},{"slug":"eoptolink","name":"Eoptolink","name_en":"Eoptolink","tier":3,"returns_yearly":{"2021":-10.1,"2022":-27.7,"2023":136.6,"2024":197,"2025":368.8,"2026":29.1}},{"slug":"coca-cola","name":"Coca-Cola","name_en":"The Coca-Cola Company","tier":3,"returns_yearly":{"2021":11.4,"2022":10.6,"2023":-4.4,"2024":8.9,"2025":15.6,"2026":27.7}},{"slug":"innolight","name":"InnoLight","name_en":"InnoLight","tier":3,"returns_yearly":{"2021":-30.7,"2022":-18.3,"2023":253.7,"2024":12,"2025":468.1,"2026":25.6}},{"slug":"digital-realty","name":"Digital Realty","name_en":"Digital Realty","tier":3,"returns_yearly":{"2021":30.7,"2022":-41,"2023":39.9,"2024":35.9,"2025":-10.1,"2026":23.4}},{"slug":"celestica","name":"Celestica","name_en":"Celestica","tier":3,"returns_yearly":{"2021":37.9,"2022":1.3,"2023":159.8,"2024":215.2,"2025":220.3,"2026":22.5}},{"slug":"quanta","name":"Quanta","name_en":"Quanta Computer","tier":3,"returns_yearly":{"2021":22.2,"2022":-12.8,"2023":254.5,"2024":12.7,"2025":8.9,"2026":21.2}},{"slug":"credo","name":"크레도","name_en":"Credo Technology","tier":3,"returns_yearly":{"2023":46.3,"2024":245.2,"2025":114.1,"2026":18.5}},{"slug":"abb","name":"ABB","name_en":"ABB","tier":3,"returns_yearly":{"2021":23.9,"2022":7.3,"2023":18.9,"2024":39,"2025":36.1,"2026":18.4}},{"slug":"church-dwight","name":"처치 앤 드와이트","name_en":"Church & Dwight Co., Inc.","tier":3,"returns_yearly":{"2021":18.9,"2022":-20.4,"2023":18.7,"2024":12,"2025":-18.9,"2026":18.1}},{"slug":"foxconn","name":"Foxconn","name_en":"Foxconn (Hon Hai)","tier":3,"returns_yearly":{"2021":-5.1,"2022":2.8,"2023":7.8,"2024":80.1,"2025":26.9,"2026":16.3}},{"slug":"norfolk-southern","name":"노퍽 서던","name_en":"Norfolk Southern","tier":3,"returns_yearly":{"2021":27.3,"2022":-15.6,"2023":-1.6,"2024":1.6,"2025":25.6,"2026":15.6}},{"slug":"coreweave","name":"CoreWeave","name_en":"CoreWeave","tier":3,"returns_yearly":{"2026":14.6}},{"slug":"colgate-palmolive","name":"콜게이트파몰리브","name_en":"Colgate-Palmolive Company","tier":3,"returns_yearly":{"2021":2.1,"2022":-5.4,"2023":3.8,"2024":16.6,"2025":-11,"2026":14.4}},{"slug":"entergy","name":"엔터지","name_en":"Entergy","tier":3,"returns_yearly":{"2021":17.1,"2022":3.6,"2023":-6.1,"2024":56,"2025":25.3,"2026":13.2}},{"slug":"cadence","name":"Cadence Design Systems","name_en":"Cadence Design Systems","tier":3,"returns_yearly":{"2021":36.6,"2022":-13.8,"2023":69.6,"2024":10.3,"2025":4,"2026":12.9}},{"slug":"schneider-electric","name":"Schneider Electric","name_en":"Schneider Electric","tier":3,"returns_yearly":{"2021":25.9,"2022":1.6,"2023":25.8,"2024":36.1,"2025":0.5,"2026":11.7}},{"slug":"cummins","name":"Cummins","name_en":"Cummins","tier":3,"returns_yearly":{"2021":-1.7,"2022":14.1,"2023":1.7,"2024":48.9,"2025":49.4,"2026":11}},{"slug":"synopsys","name":"Synopsys","name_en":"Synopsys","tier":3,"returns_yearly":{"2021":42.1,"2022":-13.4,"2023":61.3,"2024":-5.7,"2025":-3.2,"2026":8.6}},{"slug":"kyec","name":"KYEC","name_en":"King Yuan Electronics (KYEC)","tier":3,"returns_yearly":{"2021":26.7,"2022":-7.7,"2023":132.4,"2024":38.6,"2025":171,"2026":8.4}},{"slug":"united-parcel-service","name":"유나이티드 파셀 서비스","name_en":"United Parcel Service, Inc.","tier":3,"returns_yearly":{"2021":30,"2022":-16.2,"2023":-6,"2024":-15.9,"2025":-15.9,"2026":8}},{"slug":"dte-energy","name":"DTE 에너지","name_en":"DTE Energy","tier":3,"returns_yearly":{"2021":19.4,"2022":1.2,"2023":-2.8,"2024":13.5,"2025":10.4,"2026":7.2}},{"slug":"recursion","name":"Recursion Pharmaceuticals","name_en":"Recursion Pharmaceuticals","tier":3,"returns_yearly":{"2022":-55,"2023":27.9,"2024":-31.4,"2025":-39.5,"2026":6.6}},{"slug":"nextera-energy","name":"NextEra Energy","name_en":"NextEra Energy","tier":3,"returns_yearly":{"2021":23.4,"2022":-8.5,"2023":-25.3,"2024":21.5,"2025":15.5,"2026":6.2}},{"slug":"kraft-heinz","name":"크래프트 하인즈","name_en":"The Kraft Heinz Company","tier":3,"returns_yearly":{"2021":8,"2022":18.2,"2023":-5,"2024":-13,"2025":-16.3,"2026":6.1}},{"slug":"duke-energy","name":"듀크 에너지","name_en":"Duke Energy Corporation","tier":3,"returns_yearly":{"2021":19.1,"2022":2,"2023":-1.6,"2024":15.6,"2025":12.7,"2026":5.3}},{"slug":"broadcom","name":"Broadcom","name_en":"Broadcom","tier":3,"returns_yearly":{"2021":56.5,"2022":-13.3,"2023":104.2,"2024":110.5,"2025":50.6,"2026":5}},{"slug":"procter-gamble","name":"Procter & Gamble","name_en":"Procter & Gamble","tier":3,"returns_yearly":{"2021":20.5,"2022":-5,"2023":-0.9,"2024":17.3,"2025":-12.3,"2026":4.5}},{"slug":"ameren","name":"아메렌","name_en":"Ameren Corporation","tier":3,"returns_yearly":{"2021":17.1,"2022":2.5,"2023":-16.1,"2024":27.5,"2025":15.3,"2026":4.5}},{"slug":"omnicom-group","name":"옴니콤 그룹","name_en":"Omnicom Group Inc.","tier":3,"returns_yearly":{"2021":21.9,"2022":15.7,"2023":9.6,"2024":2.5,"2025":-2.6,"2026":4.4}},{"slug":"xcel-energy","name":"엑셀 에너지","name_en":"Xcel Energy","tier":3,"returns_yearly":{"2021":4.4,"2022":6.4,"2023":-8.7,"2024":12.3,"2025":13.9,"2026":4.1}},{"slug":"blackrock","name":"BlackRock","name_en":"BlackRock","tier":3,"returns_yearly":{"2021":29.4,"2022":-20.4,"2023":17.9,"2024":29.3,"2025":6.6,"2026":2.8}},{"slug":"talen-energy","name":"Talen Energy","name_en":"Talen Energy","tier":3,"returns_yearly":{"2024":214.8,"2025":86.1,"2026":1}},{"slug":"berkshire-hathaway","name":"Berkshire Hathaway","name_en":"Berkshire Hathaway","tier":3,"returns_yearly":{"2021":29,"2022":3.3,"2023":15.5,"2024":27.1,"2025":10.9,"2026":0.7}},{"slug":"est-e-lauder-companies","name":"에스티 로더","name_en":"The Estée Lauder Companies Inc.","tier":3,"returns_yearly":{"2021":40,"2022":-32.3,"2023":-40.1,"2024":-47.6,"2025":42.1,"2026":0.2}},{"slug":"paccar","name":"팩카","name_en":"Paccar","tier":3,"returns_yearly":{"2021":5.6,"2022":17,"2023":55,"2024":10.8,"2025":8,"2026":-0.5}},{"slug":"amorepacific","name":"아모레퍼시픽","name_en":"Amorepacific","tier":3,"returns_yearly":{"2021":-30.1,"2022":-5.7,"2023":-18.4,"2024":9.9,"2025":8.2,"2026":-1.2}},{"slug":"exelon","name":"엑셀론","name_en":"Exelon","tier":3,"returns_yearly":{"2021":41.5,"2022":8.3,"2023":-14,"2024":9.2,"2025":20,"2026":-1.5}},{"slug":"pepsico","name":"PepsiCo","name_en":"PepsiCo","tier":3,"returns_yearly":{"2021":20.6,"2022":6.8,"2023":-3.3,"2024":-7.6,"2025":-1.8,"2026":-2.2}},{"slug":"te-connectivity","name":"TE Connectivity","name_en":"TE Connectivity","tier":3,"returns_yearly":{"2021":35.1,"2022":-27.7,"2023":24.6,"2024":3.5,"2025":61.1,"2026":-3}},{"slug":"hyundai-mobis","name":"현대모비스","name_en":"Hyundai Mobis","tier":3,"returns_yearly":{"2021":-25.8,"2022":-9.3,"2023":2.1,"2024":27.7,"2025":74.5,"2026":-4.6}},{"slug":"vistra","name":"Vistra","name_en":"Vistra","tier":3,"returns_yearly":{"2021":19.6,"2022":5.1,"2023":70.7,"2024":261.5,"2025":17.7,"2026":-7.2}},{"slug":"luxshare","name":"Luxshare","name_en":"Luxshare Precision","tier":3,"returns_yearly":{"2021":-11.9,"2022":-30.2,"2023":-21.2,"2024":58.8,"2025":29.3,"2026":-7.4}},{"slug":"hyundai-steel-company","name":"현대제철","name_en":"Hyundai Steel Company","tier":3,"returns_yearly":{"2021":2.7,"2022":-9.3,"2023":-2,"2024":-28.7,"2025":38.8,"2026":-8.5}},{"slug":"fabrinet","name":"Fabrinet","name_en":"Fabrinet","tier":3,"returns_yearly":{"2021":52.7,"2022":8.2,"2023":48.4,"2024":15.5,"2025":107.1,"2026":-10.5}},{"slug":"ionq","name":"IonQ","name_en":"IonQ","tier":3,"returns_yearly":{"2022":-79.3,"2023":259.1,"2024":237.1,"2025":7.4,"2026":-11.9}},{"slug":"fox","name":"폭스","name_en":"Fox Corporation","tier":3,"returns_yearly":{"2021":28.2,"2022":-16.6,"2023":-0.8,"2024":66.3,"2025":51.8,"2026":-13.8}},{"slug":"hesai","name":"Hesai","name_en":"Hesai Group","tier":3,"returns_yearly":{"2024":55.1,"2025":62.1,"2026":-15.7}},{"slug":"abbott-laboratories","name":"애보트","name_en":"Abbott Laboratories","tier":3,"returns_yearly":{"2021":30.5,"2022":-20.7,"2023":2.3,"2024":4.8,"2025":12.9,"2026":-19}},{"slug":"comcast","name":"컴캐스트","name_en":"Comcast Corporation","tier":3,"returns_yearly":{"2021":-2.2,"2022":-28.7,"2023":29.1,"2024":-11.8,"2025":-17.3,"2026":-22.3}},{"slug":"byd-electronics","name":"BYD일렉트로닉스","name_en":"BYD Electronics","tier":3,"returns_yearly":{"2021":-56.1,"2022":16,"2023":-0.4,"2024":60.6,"2025":-19.4,"2026":-24.1}},{"slug":"autodesk","name":"오토데스크","name_en":"Autodesk, Inc.","tier":3,"returns_yearly":{"2021":-7.9,"2022":-33.5,"2023":30.3,"2024":21.4,"2025":0.1,"2026":-26.4}},{"slug":"qubt","name":"Quantum Computing Inc","name_en":"Quantum Computing Inc","tier":3,"returns_yearly":{"2021":-75.8,"2022":-55.7,"2023":-39.5,"2024":1712.7,"2025":-38,"2026":-27.5}},{"slug":"rigetti","name":"Rigetti Computing","name_en":"Rigetti Computing","tier":3,"returns_yearly":{"2022":-92.9,"2023":35.1,"2024":1449.2,"2025":45.2,"2026":-31.4}},{"slug":"hyundai-motor-company","name":"현대차","name_en":"Hyundai Motor Company","tier":3,"returns_yearly":{"2021":-16.7,"2022":-4.7,"2023":16.2,"2024":12.3,"2025":158.8,"2026":-34.2}},{"slug":"hyundai-wia","name":"현대위아","name_en":"Hyundai Wia","tier":3,"returns_yearly":{"2021":-25.5,"2022":-19.2,"2023":9,"2024":-32.2,"2025":125.1,"2026":-39.8}},{"slug":"nike","name":"Nike","name_en":"Nike","tier":3,"returns_yearly":{"2021":18.7,"2022":-29,"2023":-6,"2024":-29.1,"2025":-13.8,"2026":-44.1}},{"slug":"d-wave","name":"D-Wave Quantum","name_en":"D-Wave Quantum","tier":3,"returns_yearly":{"2022":-85.3,"2023":-38.9,"2024":854.5,"2025":211.3,"2026":-44.3}},{"slug":"siemens-eda","name":"Siemens EDA","name_en":"Siemens EDA","tier":3,"returns_yearly":null},{"slug":"openai","name":"OpenAI","name_en":"OpenAI","tier":3,"returns_yearly":null},{"slug":"anthropic","name":"Anthropic","name_en":"Anthropic","tier":3,"returns_yearly":null},{"slug":"cerebras","name":"Cerebras","name_en":"Cerebras Systems","tier":3,"returns_yearly":null},{"slug":"arianegroup","name":"아리안그룹","name_en":"ArianeGroup","tier":3,"returns_yearly":null}],"analysis":"글로벌 외식 프랜차이즈 기업. 최근 몇 년간 견조한 상승이 이어졌고 2026년 +0.6%다. 본주(+0.6%)와 공급단(평균 +8.2%)이 같은 보폭으로 움직인다. 연결 노드 중 가장 앞선 곳은 엔비디아(+23.7%), 가장 처진 곳은 우버(-7.3%)다. 격차가 사슬 논리로 설명되면 후자가 다음 전파 후보이고, 설명되지 않으면 그 연결 자체를 다시 봐야 한다.","analysis_en":"Yum! Brands operates across Global restaurant franchisor. It stayed steadily positive in recent years and is +0.6% in 2026. The stock (+0.6%) and its supply side (avg +8.2%) are moving in step. Among connected nodes the furthest ahead is NVIDIA (+23.7%) and the furthest behind is Uber (-7.3%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Its operating network spends on restaurant inputs, distribution, delivery platforms and shared technology, while acquired software is integrated into its own platform.","analysis_asof":"2026-09-04"},"edges":[{"direction":"revenue","counterparty":"KFC 가맹점","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2026-02-20","basis":"KFC 부문 미국·중국·기타 지역 프랜차이즈 매출 합계","value":1748000000,"period":"FY2025","basis_en":"Sum of disclosed KFC Division franchise revenue across the U.S., China and other markets","qualifier":null},"note":"KFC 가맹점은 매장 매출에 연동된 로열티와 기타 가맹비를 지급한다. FY2025 KFC 부문 프랜차이즈 매출은 지역별 공시액 합계 17억 4,800만 달러였다.","note_en":"KFC franchisees pay sales-based royalties and other franchise fees. Disclosed regional amounts sum to $1.748 billion of KFC franchise revenue in FY2025.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-20","url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000084/yum-20251231.htm","title":"YUM BRANDS INC 10-K (2026-02-20)","title_en":"YUM BRANDS INC 10-K (2026-02-20)","excerpt":"가맹점 운영은 회사의 가장 중요한 매출원이며, KFC 지역별 프랜차이즈 매출도 공시했다.","excerpt_en":"Our most significant source of revenues arises from the operation of our Concepts' stores by our franchisees."},{"stance":"mentions","publisher":"DBS 그룹 리서치","publisher_en":"DBS Group Research","kind":"research","lang":"en","published_at":"2025-03-07","url":"https://www.dbs.com/content/article/pdf/US_clover/Yum_Brands.pdf","title":"얌! 브랜즈: 디지털화에 주목한 안정적 성장","title_en":"Yum! Brands Inc: Stable growth with eyes on digitalisation","excerpt":"DBS는 가맹 중심 구조와 KFC가 주도하는 매장 확장을 얌! 브랜즈 성장의 핵심으로 분석했다.","excerpt_en":"Over 98% of Yum! Brands' restaurants are operated under a franchised model."}]},{"direction":"revenue","counterparty":"타코벨 가맹점","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2026-02-20","basis":"타코벨 부문 미국·중국·기타 지역 프랜차이즈 매출 합계","value":1023000000,"period":"FY2025","basis_en":"Sum of disclosed Taco Bell Division franchise revenue across the U.S., China and other markets","qualifier":null},"note":"타코벨 가맹점은 브랜드 사용권과 운영 지원의 대가로 로열티와 가맹비를 지급한다. FY2025 타코벨 부문 프랜차이즈 매출은 지역별 공시액 합계 10억 2,300만 달러였다.","note_en":"Taco Bell franchisees pay royalties and franchise fees for brand rights and operating support. Disclosed regional amounts sum to $1.023 billion of Taco Bell franchise revenue in FY2025.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-20","url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000084/yum-20251231.htm","title":"YUM BRANDS INC 10-K (2026-02-20)","title_en":"YUM BRANDS INC 10-K (2026-02-20)","excerpt":"계속사용료는 보통 매장 매출의 4~6%이며 타코벨 지역별 프랜차이즈 매출이 별도 공시됐다.","excerpt_en":"Continuing fees are typically billed and paid monthly and are usually 4% - 6%."},{"stance":"confirms","publisher":"미디어펜","publisher_en":"MediaPen","kind":"news","lang":"ko","published_at":"2025-04-04","url":"https://www.mediapen.com/news/view/1004290","title":"KFC 코리아, 한국 내 타코벨 개발 및 운영권 획득","title_en":"KFC Korea Secures Taco Bell Development and Operating Rights in South Korea","excerpt":"KFC 코리아는 얌 브랜드 본사와 한국 내 타코벨 마스터 프랜차이즈 계약을 체결했다.","excerpt_en":"KFC Korea signed a Taco Bell master franchise agreement for South Korea with Yum! Brands."}]},{"direction":"investment","counterparty":"Dragontail Systems","counterparty_slug":null,"confidence":"high","metric":{"type":"contract_value","unit":"AUD","as_of":"2021-09-07","basis":"Dragontail Systems 발행주식 전량 현금 인수 총액","value":93500000,"period":"2021","basis_en":"Total cash purchase price for all issued and outstanding Dragontail Systems shares","qualifier":null},"note":"얌! 브랜즈는 주방 주문 관리와 배달 최적화 기술을 확보하기 위해 Dragontail Systems를 현금 인수했다. 총 제시 금액은 약 9,350만 호주달러였고, 취득 현금을 뺀 공시상 순현금 대가는 6,600만 미국달러였다.","note_en":"Yum! Brands acquired Dragontail Systems for its kitchen order management and delivery optimization technology. The announced gross price was approximately A$93.5 million, while the filing reported $66 million of cash consideration net of acquired cash.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2021-11-03","url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106121000056/R8.htm","title":"YUM BRANDS INC 10-Q: Dragontail Systems Acquisition","title_en":"YUM BRANDS INC 10-Q: Dragontail Systems Acquisition","excerpt":"공시는 취득 현금 300만 달러를 제외한 순현금 대가를 6,600만 달러로 기록했다.","excerpt_en":"Total cash consideration paid in connection with the acquisition was $66 million, net of cash acquired of $3 million."},{"stance":"confirms","publisher":"얌! 브랜즈","publisher_en":"Yum! Brands","kind":"ir","lang":"en","published_at":"2021-09-07","url":"https://www.yum.com/wps/portal/yumbrands/Yumbrands/news/press-releases/yum%2Bbrands%2Bcompletes%2Bacquisition%2Bof%2Bdragontail%2Bsystems%2C%2Ban%2Binnovator%2Bin%2Bkitchen%2Border%2Bmanagement%2Band%2Bdelivery%2Btechnology","title":"얌! 브랜즈, 주방 주문 관리·배달 기술 기업 Dragontail Systems 인수 완료","title_en":"Yum! Brands Completes Acquisition of Dragontail Systems, an Innovator in Kitchen Order Management and Delivery Technology","excerpt":"얌! 브랜즈는 Dragontail 발행주식 전량을 주당 0.235호주달러, 총 약 9,350만 호주달러에 인수했다.","excerpt_en":"Yum! Brands acquired all of the issued and outstanding common shares of Dragontail for ... approximately A$93.5 million."}]},{"direction":"revenue","counterparty":"얌차이나 홀딩스","counterparty_slug":null,"confidence":"high","metric":{"type":"share","unit":"pct","as_of":"2026-02-20","basis":"얌차이나의 중국 내 얌 브랜드 시스템 매출에 적용되는 계속사용료율","value":3,"period":"FY2025","basis_en":"Continuing fee rate applied to Yum China's system sales of licensed Yum concepts in mainland China","qualifier":null},"note":"얌차이나는 중국 본사 분사 뒤 얌! 브랜즈의 최대 마스터 프랜차이즈가 됐다. 중국 내 브랜드 시스템 매출의 3%를 계속사용료로 지급한다.","note_en":"Following the separation of the China business, Yum China became Yum! Brands' largest master franchisee. It pays a continuing fee equal to 3% of system sales for the licensed concepts in mainland China.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-20","url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000084/yum-20251231.htm","title":"YUM BRANDS INC 10-K (2026-02-20)","title_en":"YUM BRANDS INC 10-K (2026-02-20)","excerpt":"얌차이나는 최대 마스터 프랜차이즈이며 중국 시스템 매출의 3%를 계속사용료로 지급한다.","excerpt_en":"As our largest master franchisee, Yum China, pays the Company a continuing fee of 3% on system sales."}]},{"direction":"cost","counterparty":"McLane Foodservice","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2026-02-20","basis":"McLane Foodservice에 지급하는 유통·물류비","value":null,"period":"FY2025","basis_en":"Distribution and logistics expense paid to McLane Foodservice","qualifier":"confirmed_no_disclosed_value"},"note":"McLane Foodservice는 미국 내 얌! 브랜즈 직영점에서 쓰는 품목 대부분을 유통한다. 개별 물류비나 계약 규모는 공개되지 않았다.","note_en":"McLane Foodservice distributes the majority of items used by Yum! Brands' company-owned restaurants in the United States. Contract value and distributor-specific expense are not disclosed.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-20","url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000084/yum-20251231.htm","title":"YUM BRANDS INC 10-K (2026-02-20)","title_en":"YUM BRANDS INC 10-K (2026-02-20)","excerpt":"미국에서는 McLane Foodservice가 직영점 사용 품목 대부분의 유통사다.","excerpt_en":"McLane Foodservice, Inc. is the distributor for the majority of items used in Company-owned restaurants."}]},{"direction":"cost","counterparty":"NVIDIA","counterparty_slug":"nvidia","confidence":"mid","metric":{"type":"count","unit":"restaurants","as_of":"2025-03-18","basis":"NVIDIA 기술을 적용할 계획으로 발표한 얌 브랜드 매장 수","value":500,"period":"Q2 2025","basis_en":"Targeted number of Yum restaurants for rollout of NVIDIA-powered technology","qualifier":"planned"},"note":"NVIDIA는 Byte by Yum 플랫폼에 음성 주문, 컴퓨터 비전, 운영 분석용 AI 기술을 제공하는 개발 파트너다. 양사는 2025년 2분기에 500개 매장으로 확대할 계획을 밝혔지만 계약 금액은 공개하지 않았다.","note_en":"NVIDIA is a development partner supplying AI technology for voice ordering, computer vision and operational analytics on Byte by Yum. The parties targeted 500 restaurants in the second quarter of 2025, but financial terms were not disclosed.","sources":[{"stance":"confirms","publisher":"얌! 브랜즈 투자자 관계","publisher_en":"Yum! Brands Investor Relations","kind":"ir","lang":"en","published_at":"2025-03-18","url":"https://investors.yum.com/news-events/financial-releases/news-details/2025/Yum-Brands-to-Accelerate-AI-Innovation-in-an-Industry-First-Collaboration-With-NVIDIA/default.aspx","title":"얌! 브랜즈, NVIDIA와 업계 최초 협력으로 AI 혁신 가속","title_en":"Yum! Brands to Accelerate AI Innovation in an Industry-First Collaboration With NVIDIA","excerpt":"양사는 얌 레스토랑의 AI 기술 개발을 가속하기 위한 파트너십과 500개 매장 확대 계획을 발표했다.","excerpt_en":"A broader rollout of this technology targeting 500 restaurants ... is planned for the second quarter."}]},{"direction":"cost","counterparty":"Uber","counterparty_slug":"uber","confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2026-02-20","basis":"Uber Eats 주문·배달 플랫폼 수수료","value":null,"period":"FY2025","basis_en":"Uber Eats ordering and delivery platform fees","qualifier":"confirmed_no_disclosed_value"},"note":"Uber Eats는 얌! 브랜즈가 사용하는 제3자 주문·배달 채널 중 하나다. 배달 플랫폼은 식당에 주문당 수수료를 부과하지만 Uber별 지급액은 공개되지 않았다.","note_en":"Uber Eats is one of the third-party ordering and delivery channels used by Yum! Brands. Aggregators charge restaurants per-order fees, but the amount attributable to Uber is not disclosed.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-20","url":"https://www.sec.gov/Archives/edgar/data/1041061/000104106126000084/yum-20251231.htm","title":"YUM BRANDS INC 10-K (2026-02-20)","title_en":"YUM BRANDS INC 10-K (2026-02-20)","excerpt":"제3자 배달 플랫폼은 통상 식당에 주문당 수수료를 부과한다.","excerpt_en":"Third-party delivery aggregators typically charge restaurants a per order fee."},{"stance":"confirms","publisher":"우버 투자자 관계","publisher_en":"Uber Investor Relations","kind":"ir","lang":"en","published_at":"2020-08-06","url":"https://investor.uber.com/news-events/news/press-release-details/2020/Uber-Announces-Results-for-Second-Quarter-2020/","title":"우버 2020년 2분기 실적 발표","title_en":"Uber Announces Results for Second Quarter 2020","excerpt":"우버는 배달 부문의 주요 신규 기업 계정 가운데 얌브랜즈를 명시했다.","excerpt_en":"Signed several key enterprise accounts including ... Yum Brands."}]}]}