LY Corporation Publishes Integrated Report 2024

https://www.lycorp.co.jp/en/ir/library/report.html

LY Corporation (“LYC”) has published its Integrated Report 2024 (“Integrated Report”), which brings together the company’s financial and non-financial information, on its official website. This year’s Integrated Report highlights two key themes: “Enhancing corporate value through the use of generative AI” and “Revising material topics.” It outlines the next stage in LYC’s evolution—balancing growth strategies driven by generative AI with efforts to create social value.

About the Integrated Report

The Integrated Report is intended to serve as a tool for communicating LYC’s value creation initiatives to a broad range of stakeholders by presenting both financial and non-financial information in an integrated and concise format, thereby fostering deeper engagement. The content will be updated as appropriate to ensure the timely provision of information that supports investment decisions.

Message from Takeshi Idezawa, President and Representative Director, CEO (Chief Executive Officer)

Takeshi Idezawa emphasizes LYC’s commitment to driving business and organizational transformation centered on generative AI, fostering a corporate culture that embraces change and challenges, and delivering new value to society through AI agents to achieve sustainable corporate growth.

Key points

• Fearing not change itself, but the failure to change, in the era of the AI revolution.
• Delivering multilayered contributions to society through integrated services.
• Maximizing enterprise value through both future-oriented and reality-based thinking.

Interview with Jungho Shin, CPO (Chief Product Officer)

Jungho Shin articulates the view that the most critical aspect of product development is providing services that earn user preference, and outlines his approach to developing proprietary AI agents that capitalize on LYC’s competitive advantages.

Key points

• Accelerate product development to enable the early launch of AI agents.
• Maximize the value generated by the company through organizational optimization.
• Design services based on user challenges to establish a user-centric approach to value creation and foster a culture of continuous challenge.

Interview with Gen Miyazawa, Executive Corporate Officer; Senior General Manager, Generative AI Group (currently Executive Corporate Officer in charge of Group AI Promotion)

Gen Miyazawa states that LYC is promoting initiatives to embed generative AI into daily operations across the organization to enhance productivity and creativity, positioning AI as a collaborative partner and advancing the transformation of work styles and organizational culture.

Key points

• Achieve company-wide operational efficiency and significantly boost productivity.
• Establish a framework that enables all employees to use generative AI safely and effectively through AI literacy training and company-wide guidelines.
• Create next-generation work styles powered by AI and deliver new value that transforms people’s lives.

Revision of material topics

LYC has defined its material topics as a guiding framework for creating future value. In light of rapid shifts in the social and business landscape—including advancements in generative AI, climate change, and concerns over information security—the company has revised its material topics. The revision process integrated input from a broad range of stakeholders and involved extensive discussion from both risk and opportunity standpoints. For each material topic, corresponding indicators and targets have been established. LYC will continue to implement these initiatives steadily to achieve both sustainable corporate growth and shared prosperity with stakeholders.

Additionally, the report includes a roundtable discussion featuring four outside directors—Yoshio Usumi (Full-Time Audit and Supervisory Committee Member), Maiko Hasumi, Tadashi Kunihiro, and Yuko Takahashi (Audit and Supervisory Committee Members)—on strategic topics including the AI agent initiative.