Actor Kim Seon Ho has initiated the closure process of his family-run corporation SHDO following recent controversy. According to his agency, the company—named by combining "Seon Ho" and "Do"—was established in January 2024 to manage acting activities and theater production, and settlement payments were routed through the entity until he signed an exclusive contract with Fantagio in February 2025.

Fantagio stated that the corporation was never intended for long-term operation. Recognizing the potential for misunderstanding, Kim Seon Ho halted corporate operations, adding that there has been no substantive activity through the entity for over a year.

The agency also clarified that the exclusive contract bears no relation to the corporation. Since the contract was signed, all settlements have been paid directly to the actor, and Fantagio has had no involvement with SHDO in any contractual or professional capacity.

Per the official statement, Kim Seon Ho has fully整理ed past corporate matters, including corporate card usage, family salary payments, and vehicle use. In addition to already paid corporate taxes, he has completed payment of all additional personal income taxes related to funds received via the corporation. The company is now undergoing formal closure procedures.

Fantagio added that Kim Seon Ho lacked sufficient understanding of corporate operations at the time and expressed deep remorse for establishing and maintaining the entity for a year under those circumstances, offering a sincere apology.

Meanwhile, Kim Seon Ho is set to return later this year with the Disney+ series Delusion.