GoAI
Get started
LY Corporation logo

LY Corporation

4689.T

JPXTechnologySoftware - Application

Open in GoAI

Latest quote

¥536.6

+¥11.00 · +2.09%

Aug 24, 1:29 PM JST

4689.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

LY Corporation engages in the online advertising and e-commerce businesses in Japan. The company offers LINE, a communication app; and Yahoo! JAPAN, an internet service that provides search, news, weather, shopping, auction, and other services. It also provides reuse, membership, and payment-related services. The company was formerly known as Z Holdings Corporation and changed its name to LY Corporation in October 2023. LY Corporation was incorporated in 1996 and is headquartered in Chiyoda, Japan. LY Corporation is a subsidiary of A Holdings Corporation.

Industry
Software - Application
Sector
Technology
Headquarters
JP
CEO
Takeshi Idezawa
Listed since
Oct 28, 2003
Employees
29,863

Market position

Day range

Current ¥536.6

52-week range

Current ¥536.6

Open
¥531.8
Previous close
¥525.6
Volume
13.31M
0.77× average
Average volume
17.38M
Average daily volume
Market cap
3.68T JPY
Beta
0.59
Market reference 1
50-day average
¥448.31
+19.69% above average
200-day average
¥418.74
+28.15% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.54T JPY
P/E (TTM)
18.07×
P/B (TTM)
1.22×
P/S (TTM)
1.75×
EV / EBITDA
7.53×
Earnings yield
7.31%
Free cash flow yield
0.00%
Dividend yield
1.36%

Profitability & efficiency

Gross margin
73.90%
Operating margin
14.69%
Net margin
9.67%
Return on equity
6.46%
Return on assets
1.73%
Return on invested capital
3.07%

Financial health

Debt / equity
0.76×
Current ratio
0.75×
Altman Z-score
0.63
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends81%53%26%-2%Gross margin, FY2021: 68.29%Gross margin, FY2022: 69.44%Gross margin, FY2023: 71.32%Gross margin, FY2024: 72.38%Gross margin, FY2025: 73.97%Operating margin, FY2021: 10.71%Operating margin, FY2022: 9.19%Operating margin, FY2023: 10.93%Operating margin, FY2024: 14.18%Operating margin, FY2025: 14.01%Net margin, FY2021: 4.93%Net margin, FY2022: 10.70%Net margin, FY2023: 6.24%Net margin, FY2024: 8.00%Net margin, FY2025: 9.51%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 68.29%. Gross margin FY2022 69.44%. Gross margin FY2023 71.32%. Gross margin FY2024 72.38%. Gross margin FY2025 73.97%. Operating margin FY2021 10.71%. Operating margin FY2022 9.19%. Operating margin FY2023 10.93%. Operating margin FY2024 14.18%. Operating margin FY2025 14.01%. Net margin FY2021 4.93%. Net margin FY2022 10.70%. Net margin FY2023 6.24%. Net margin FY2024 8.00%. Net margin FY2025 9.51%.

Income trends

Revenue

2.04T JPY+6.20%

Operating income

285.37B JPY+4.92%

Net income

193.69B JPY+26.21%
Income trends across reported periods2.23T JPY1.45T JPY665.03B JPY−118.59B JPYRevenue, FY2021: 1.57T JPYRevenue, FY2022: 1.67T JPYRevenue, FY2023: 1.81T JPYRevenue, FY2024: 1.92T JPYRevenue, FY2025: 2.04T JPYOperating income, FY2021: 167.81B JPYOperating income, FY2022: 153.64B JPYOperating income, FY2023: 198.38B JPYOperating income, FY2024: 271.98B JPYOperating income, FY2025: 285.37B JPYNet income, FY2021: 77.32B JPYNet income, FY2022: 178.87B JPYNet income, FY2023: 113.2B JPYNet income, FY2024: 153.47B JPYNet income, FY2025: 193.69B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.57T JPY. Revenue FY2022 1.67T JPY. Revenue FY2023 1.81T JPY. Revenue FY2024 1.92T JPY. Revenue FY2025 2.04T JPY. Operating income FY2021 167.81B JPY. Operating income FY2022 153.64B JPY. Operating income FY2023 198.38B JPY. Operating income FY2024 271.98B JPY. Operating income FY2025 285.37B JPY. Net income FY2021 77.32B JPY. Net income FY2022 178.87B JPY. Net income FY2023 113.2B JPY. Net income FY2024 153.47B JPY. Net income FY2025 193.69B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue2.04T JPY1.92T JPY1.81T JPY1.67T JPY1.57T JPY
Cost of goods sold530.1B JPY529.52B JPY520.45B JPY511.13B JPY497.02B JPY
Gross profit1.51T JPY1.39T JPY1.29T JPY1.16T JPY1.07T JPY
Research and development—46.6B JPY42.33B JPY39.05B JPY30.04B JPY
Selling, general, and administrative1.22T JPY1.07T JPY1.05T JPY968.55B JPY872.54B JPY
Operating expenses1.22T JPY1.12T JPY1.1T JPY1.01T JPY902.59B JPY
Interest income——5.37B JPY——
Interest expense12.09B JPY8.08B JPY20.89B JPY5.82B JPY4.42B JPY
Depreciation and amortization176.45B JPY159.87B JPY163.62B JPY148.78B JPY135.74B JPY
Operating income285.37B JPY271.98B JPY198.38B JPY153.64B JPY167.81B JPY
Net income193.69B JPY153.47B JPY113.2B JPY178.87B JPY77.32B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+45.17%
11 comparable reports
Latest EPS result
8.46
Estimate 5.48 · Beat by 54.38%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates14.678.712.75-3.21Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 5.47, estimate 2.75, surprise +98.91%, Beat. Q2 2025, reported May 6, 2025: actual 3.57, estimate -1.98, surprise +280.27%, Beat. Q3 2025, reported Jul 31, 2025: actual 7, estimate 5.79, surprise +20.90%, Beat. Q4 2025, reported Nov 3, 2025: actual 13.44, estimate 6.18, surprise +117.48%, Beat. Q1 2026, reported Feb 4, 2026: actual 6.61, estimate 4.12, surprise +60.44%, Beat. Q2 2026, reported May 8, 2026: actual 1.57, estimate 4.25, surprise -63.06%, Miss. Q3 2026, reported Aug 3, 2026: actual 8.46, estimate 5.48, surprise +54.38%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 6.71, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates588.22B542.59B496.96B451.32BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 503.47B JPY, estimate 482.77B JPY, surprise +4.29%, Beat. Q2 2025, reported May 6, 2025: actual 488.72B JPY, estimate 473.95B JPY, surprise +3.12%, Beat. Q3 2025, reported Jul 31, 2025: actual 489.63B JPY, estimate 507.19B JPY, surprise -3.46%, Miss. Q4 2025, reported Nov 3, 2025: actual 505.74B JPY, estimate 520.31B JPY, surprise -2.80%, Miss. Q1 2026, reported Feb 4, 2026: actual 499.99B JPY, estimate 508.47B JPY, surprise -1.67%, Miss. Q2 2026, reported May 8, 2026: actual 535.4B JPY, estimate 520.97B JPY, surprise +2.77%, Beat. Q3 2026, reported Aug 3, 2026: actual 553.99B JPY, estimate 540.65B JPY, surprise +2.47%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 565.6B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥7.00

2025 complete year+25.9% since 2021

2026 partial: ¥7.30

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥11.00

Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥7.30

Annual

Record Mar 31, 2026 · Payment Jun 5, 2026

Dividend

Ex-dividend Mar 28, 2025

¥7.00

Annual

Record Mar 31, 2025 · Payment Jun 5, 2025

Dividend

Ex-dividend Mar 28, 2024

¥5.56

Annual

Record Mar 31, 2024 · Payment Jun 4, 2024

Dividend

Ex-dividend Mar 30, 2023

¥5.56

Annual

Record Mar 31, 2023 · Payment Jun 2, 2023

Dividend

Ex-dividend Mar 30, 2022

¥0.25

Special

Record Mar 31, 2022 · Payment Jun 3, 2022

4689.T peers

Kioxia Holdings Corp. logo

285A.T

Kioxia Holdings Corp.

¥51,060

-6.00%

Advantest Corporation logo

6857.T

Advantest Corporation

¥35,120

-2.17%

Tokyo Electron Limited logo

8035.T

Tokyo Electron Limited

¥55,050

+1.40%

Sony Group Corporation logo

6758.T

Sony Group Corporation

¥3,865

+2.11%

Keyence Corporation logo

6861.T

Keyence Corporation

¥80,760

+1.08%

Murata Manufacturing Co., Ltd. logo

6981.T

Murata Manufacturing Co., Ltd.

¥7,146

+0.78%

ETFs holding 4689.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
4.14B
Weight
0.14%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥417.9-0.02%
iShares JPX-Nikkei 400 ETF logoiShares JPX-Nikkei 400 ETF1364.T
Market value
1.21B
Weight
0.20%
AUM
592.34B JPY
Expense ratio
0.05%
Price / 1D
¥3,759-0.05%
iShares Core Nikkei 225 ETF logoiShares Core Nikkei 225 ETF1329.T
Market value
225.38M
Weight
0.01%
AUM
2.12T JPY
Expense ratio
0.05%
Price / 1D
¥6,795-0.69%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
104.82M
Weight
0.02%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
70.23M
Weight
0.02%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
61.47M
Weight
0.03%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.85+0.86%
Pacer Developed Markets International Cash Cows 100 ETF logoPacer Developed Markets International Cash Cows 100 ETFICOW
Market value
37.39M
Weight
1.99%
AUM
1.85B USD
Expense ratio
0.65%
Price / 1D
$45.77+0.55%
iShares MSCI Japan ETF logoiShares MSCI Japan ETFEWJ
Market value
36.14M
Weight
0.16%
AUM
22.49B USD
Expense ratio
0.49%
Price / 1D
$95.18+0.97%

Continue in GoAI

Research 4689.T

research.disclaimer