LY Corp
Investor Relations

LY Corp. emerged on the commercial landscape as a quintessential innovator, deftly aligning itself with the digital evolution sweeping through traditional industries. Founded with a vision to integrate cutting-edge technology with daily utilities, the company carved its niche in developing smart home devices. LY Corp. designs and manufactures an extensive range of products — from intelligent thermostats to voice-activated security systems — aiming to make homes smarter, more secure, and energy-efficient. They leverage a robust internet-of-things (IoT) framework that seamlessly connects devices over a single platform, providing users with an integrated solution that simplifies the complexity of managing multiple devices in modern households.

The company generates revenue primarily through the sale of these innovative devices, complemented by a subscription-based model for premium services that include advanced analytics, enhanced security features, and continuous system updates. Beyond retail, LY Corp. strategically partners with utility companies, embedding its technology to optimize energy consumption, further ensuring a sustainable agenda. This collaboration not only opens another revenue stream but also strengthens its market presence by aligning with a growing focus on environmental responsibility. Through a compelling combination of product sales and service offerings, LY Corp. has cultivated a robust ecosystem, delivering value and efficiency while fostering a loyal customer base, ultimately driving its financial success.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 4, 2025
AI Summary
Q2 2026

Revenue Growth: Consolidated revenue reached JPY 505.7 billion, up 9.4% year-over-year, though slightly below guidance due to weak search advertising.

Profit Expansion: Adjusted EBITDA grew 11.3% year-over-year to JPY 125.4 billion, supported by strong results in Strategic and Commerce businesses.

Search Advertising Weakness: Search ad revenue declined further in Q2, with management expecting similar trends in Q3 and Q4 due to reduced client budgets.

Commerce Momentum: Commerce segment revenue rose 7.2% to JPY 216.6 billion, with Yahoo! Shopping and Reuse businesses showing solid growth, but Q3 growth is expected to slow due to one-off factors.

AI & Digital Initiatives: Rapid progress in AI agent rollout, LINE Official Account and MINI Apps, with a strategic focus on growing these higher-margin areas.

Cost Control: LY aims to reduce fixed costs by JPY 15 billion by 2026 and reallocate 50% of staff to growth areas by FY2028.

Dividend Upward Revision: Annual dividend forecast raised from JPY 7 to JPY 7.3 following share buybacks and cancellations.

Key Financials
Revenue
JPY 505.7 billion
Adjusted EBITDA
JPY 125.4 billion
Adjusted EBITDA (Strategic Businesses)
JPY 22.9 billion
Revenue (Commerce Business)
JPY 216.6 billion
Adjusted EBITDA (Commerce Business)
JPY 33.3 billion
Revenue (Strategic Businesses/PayPay consolidated)
JPY 109.7 billion
Dividend per Share (annual forecast)
JPY 7.3
Paid Official Accounts (Japan)
310,000 accounts
Active Official Accounts (Japan)
1.3 million
Official Account Revenue (Japan)
JPY 100 billion
Official Account Revenue (Global)
JPY 140 billion
Daily Active Users for AI Services
8.6 million
Fixed Cost Reduction Target
JPY 15 billion
Earnings Call Recording
Other Earnings Calls

Management

Contacts

Address
TOKYO-TO
Chiyoda-ku
Kioi Tower, Tokyo Garden Terrace Kioicho, 1-3, Kioi-cho
Contacts