Morphological and molecular analyses were conducted on 182 specimens belonging to the Hippocampus
coronatus complex (H.
coronatus sensu lato), collected in Korea and Japan 1933–2015, in order to clarify the taxonomic status of the species within this complex. Three species are recognized based on the shape of the coronet, the number of trunk rings (TrR) and tail rings (TaR), and presence or absence of a wing-tip spine (WS) at the dorsal fin base. Hippocampus
coronatus Temminck & Schlegel, 1850 (H.
coronatus sensu stricto), is diagnosed by 10 TrR, 37–40 TaR, an extremely high coronet (55.7–79.0 % head length) with four tips on the corona flat (CoT), and one WS. Hippocampus
sindonis Jordan & Snyder, 1901 is diagnosed by 10 TrR, 35–38 TaR, a moderately high coronet (36.3–55.4 % HL) with five CoT, and no WS. A new species, H.
haema is described on the basis of 140 specimens, characterized by 10 TrR, 35–38 TaR, a moderately high coronet (34.1–54.9 % head length) with four CoT, and two WS. Hippocampus
haema is only known from the Korea Strait, western Kyushu, and East/Japan Sea. Recognition of the three species is supported by differences in mitochondrial DNA fragments (cytochrome b, 16S rRNA, and 12S rRNA).