Studio Hojae is a creative studio that develops character IP, merchandise, exhibitions, educational programs, and brand collaboration content based on its original character IPs, picture books, and illustration content. Centered around its representative IP, Hojae Friends, and its new emotion-based character, Boonhorang, Studio Hojae is expanding its characters into merchandise, content, and educational programs. Rather than being limited to a single character universe, Studio Hojae plans and develops character IPs with different target audiences and messages, continuously broadening the possibilities for content expansion.