LY Reports Strong First Quarter Revenue Growth Amid Strategic Initiatives

TOKYO, Aug 03 (Pulse News Wire) – LY Corporation (4689.T) reported robust revenue growth for the quarter ending June 30, 2026, driven by strategic initiatives across media, commerce, and payment services. Revenue reached ¥1,489 billion, marking a significant increase of 13.1% compared to the same period last year.

Adjusted EBITDA grew by 13.8%, reaching ¥1,011.75 billion, despite higher operating expenses. In the media sector, revenue surged by 12.4% to ¥489 billion, fueled by increased ad revenues and subscription-based services such as “LYP Premium.” Commerce saw a substantial boost due to the integration of BEENOS and LINE MAN, contributing to a 12.6% rise in revenue to ¥610 billion. Meanwhile, the strategy division's performance was bolstered by PayPay’s transaction volume growth, which climbed 12.8% to ¥394 billion.

Looking ahead, LY Corporation maintains its optimistic outlook for the fiscal year ending March 31, 2027, projecting continued growth in key segments. Management expects revenue to reach ¥6,189 billion, with adjusted EBITDA forecasted at ¥2,489 billion. The company also confirmed plans to hold an analyst briefing on August 03, 2026 to further detail its quarterly results and future strategies.