LY Corporation

Internet Services · Digital Advertising · E-commerce · Fintech · Tokyo, Japan

LY Corporation is a Japanese internet group formed in October 2023 through the reorganization of Z Holdings, LINE and Yahoo Japan. Its portfolio includes the LINE messaging app, Yahoo! JAPAN search and portal services, e-commerce platforms, digital advertising, and PayPay payment and financial services for consumers and businesses.

The group reports three main segments: Media, Commerce and Strategic. It earns revenue from search, display and account advertising; online retail and commerce services; paid accounts and memberships; and payment, banking, card and other fintech operations. Group companies include ZOZO and ASKUL, while PayPay’s results helped drive fiscal 2025 growth.