TOKYO, May 08 (Pulse News Wire) – LY Corporation (4689.T) reported higher profits for the fiscal year ending March 31, 2026, compared to the previous fiscal year. For the fiscal year ended March 31, 2026, the company's consolidated revenue reached ¥2 trillion, up from ¥1.811 trillion in the prior fiscal year.
Operating profit increased by ¥118.887 billion to ¥283.09 billion, while pre-tax income rose to ¥202.403 billion from ¥153.465 billion. Net income attributable to shareholders of the parent company grew to ¥193.692 billion from ¥153.465 billion. The increase was primarily driven by growth in strategic businesses such as PayPay and its subsidiaries, despite challenges faced due to the impact of a significant loss at Rakuten Ichiba Co., Ltd. in October 2025. Additionally, the integration of LINE MAN CORPORATION PTE.
LTD. contributed positively to operating and pre-tax profits through re-measurement gains associated with the consolidation. On an individual basis, LY Corporation’s revenue remained stable at approximately the same level as the previous year, totaling ¥1,023.887 billion. Ordinary profit improved to ¥71.13 billion from ¥65.753 billion, mainly due to increased dividend income from subsidiaries. Net profit also saw an improvement to ¥41.565 billion from ¥38.277 billion, attributed to special gains from mergers and reduced taxes resulting from the absorption of Z Financial Co., Ltd.
And LINE Pay Co., Ltd.
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