LY Corp - Company Profile
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LY Corp (LY), formerly Z Holdings Corp, is a provider of financial and payment, e-Commerce, and internet shopping services. The company also offers credit card, membership services, and other advertising-related services. Z Holding offers various services such as paid search, premium advertising services, media and video related services in its media business; settlement and finance related services, banking related services, real estate services and in its commerce business, payment related services such as PayPay Bank, PayPay Card, LINE securities and cloud related services. It also offers advertising product such as ad management tools to advertisers and advertising agencies through Yahoo! Display Ad Network. LY is headquartered in Chiyoda-ku, Tokyo, Japan.
Headquarters
Japan
Address
Kioi Tower, 1-3, Kioi-Cho, Chiyoda-Ku, Tokyo, 102-8282
Website
www.lycorp.co.jp
Telephone
81 3 67794900
No of Employees
28,385
Industry
Technology and Communications
Ticker Symbol & Exchange
4689 (TYO)
Revenue (2023)
$12.4B
6.7%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
131.3%
(2023 vs 2022)
Market Cap*
$16.9B
Net Profit Margin (2023)
XYZ
117.0%
(2023 vs 2022)
* As of and is in US$
LY Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Media Business: |
| Display Advertising |
| Search Advertising |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In July, the company entered into a utilization agreement with OpenAI for APIs such as GPT-4. |
| 2023 | New Products/Services | In April, the company launched a facial-recognition payment system. |
| 2023 | Contracts/Agreements | In April, the company entered into a partnership with PayPay to test a face biometrics payment platform at Yahoo! Mart Yoyogi Uehara store in Tokyo, Japan. |
Competitor Comparison
| Key Parameters | LY Corp | Amazon.com Inc | Alphabet Inc | Microsoft Corp | Rakuten Group Inc |
|---|---|---|---|---|---|
| Headquarters | Japan | United States of America | United States of America | United States of America | Japan |
| City | Chiyoda-Ku | Seattle | Mountain View | Redmond | Setagaya-Ku |
| State/Province | Tokyo | Washington | California | Washington | Tokyo |
| No. of Employees | 28,385 | 1,500,000 | 182,381 | 221,000 | 32,079 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kentaro Kawabe | Chairman | Executive Board | 2021 | - |
| Takeshi Idezawa | Director; President; Chief Product Officer, Marketing and Sales; Chief Executive Officer | Executive Board | 2023 | - |
| Taku Oketani | Director; Senior Managing Corporate Officer; Chief Strategy Officer | Executive Board | 2023 | 51 |
| Jungho Shin | Chief Product Officer; Director | Executive Board | 2021 | 50 |
| Ryosuke Sakaue | Senior Managing Corporate Officer, Chief Financial Officer; Chief Financial Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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