LY Corporation Takes Its First Step

Aiming to Achieve Unparalleled Product-Driven Excellence and Products That Inspire Users

Press Release

Z Holdings Corporation, LINE Corporation, Yahoo Japan Corporation, Z Entertainment Corporation, and Z Data Corporation have completed the procedures for the Group reorganization as scheduled, and have made a fresh start as LY Corporation (Japanese name: LINEヤフー株式会社 ) as of October 1, 2023.

LY Corporation will accompany the users throughout their daily lives, delivering astonishment and inspiration around the clock under its mission, "Create an amazing life platform that brings WOW! to our users."

Logos of LY Corporation

Incorporating the key values of user-friendliness, innovation, and technology, which are common to LINE and Yahoo! JAPAN, the new logo represents the combined commitment of LINE and Yahoo! JAPAN to drive continuous innovation.

Japanese logo

Japanese logo

English logo

English logo

The corporate website of LY Corporation

A new corporate website has been launched for LY Corporation. The website publishes various information for the stakeholders including information on the company, services, recruitment, investors relations, sustainability and technologies.
https://www.lycorp.co.jp/

Corporate website

Message from Takeshi Idezawa, President and Representative Director, CEO, LY Corporation

Yahoo! JAPAN was launched as a search service in 1996 and has delivered various information, such as news, weather, and sports. In 2011, LINE was launched as a mobile messenger that closes the distance between loved ones.

We are committed to providing convenient services and unexpected moments of surprise, maintaining a seamless connection with every user. We aim to contribute to a better world by addressing diverse challenges. There is no greater joy than achieving this prospect.

We believe in the power of technology.

LY Corporation will always be at your side,
bringing new WOW! experiences.

Please visit the following for the full text of the CEO message.
https://www.lycorp.co.jp/en/company/message/

About LY Corporation

■Outline
Trade name: LINEヤフー株式会社 (English name: LY Corporation)
Location: 1-3 Kioicho, Chiyoda-ku, Tokyo, Japan
Name and title of representative: Takeshi Idezawa, President and Representative Director, CEO
Paid in capital: JPY247,904 million (As of March 31, 2023)
Fiscal year end: March 31

■Mission
Create an amazing life platform that brings WOW! to our users. 

Please refer to the following for more information on the mission of LY Corporation.
https://www.lycorp.co.jp/en/company/mission/

■Employees
- No. of employees (consolidated): approx. 28,000 (As of March 2023)
- No. of employees (standalone): over 10,000 (As of September 2023)
- No. of Group companies: 124 (As of August 2023)

■No. of users
- Cumulative no. of users of the Group: over 320 million*
- Yahoo! JAPAN: 54.30 million (Monthly logged-in user IDs)
- LINE: 199 million (Monthly active users)

■Services
Services provided in: approx. 230 countries and regions (As of August 2023)

*The sum of Yahoo! JAPAN monthly logged-in user IDs, LINE monthly active users (MAU), PayPay registered users, and annual buyers of ZOZOTOWN business (excluding Yahoo! JAPAN Shopping). All figures are as of June 30, 2023.

The English name of the Company is LY Corporation.

Unless otherwise specified, English-language documents are prepared solely for the convenience of non-Japanese speakers. If there is any inconsistency between the English-language documents and the Japanese-language documents, the Japanese-language documents will prevail.

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