LY（YOJ）株式概要LYコーポレーションは日本でオンライン広告とEコマース事業を行っている。 詳細YOJ ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長1/6過去の実績4/6財務の健全性5/6配当金4/6報酬株価収益率（ 14.5 x） German市場（ 17 x）を下回っています。収益は年間4.53%増加すると予測されています 過去1年間で収益は26.2%増加しました 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が27.4%上昇するだろうとほぼ一致している。 リスク分析財務結果に影響を与える大きな一時的項目 不安定な配当実績 すべてのリスクチェックを見るYOJ Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€2.1810.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture03t2016201920222025202620282031Revenue JP¥2.8tEarnings JP¥265.9bAdvancedSet Fair ValueView all narrativesLY Corporation 競合他社Scout24Symbol: XTRA:G24Market cap: €5.1bCTS Eventim KGaASymbol: XTRA:EVDMarket cap: €5.4bRTL GroupSymbol: XTRA:RRTLMarket cap: €4.7bSpringer Nature KGaASymbol: XTRA:SPGMarket cap: €4.0b価格と性能株価の高値、安値、推移の概要LY過去の株価現在の株価JP¥2.1852週高値JP¥3.2652週安値JP¥1.97ベータ0.581ヶ月の変化-3.54%3ヶ月変化6.86%1年変化-31.87%3年間の変化-5.22%5年間の変化-43.81%IPOからの変化-33.82%最新ニュースお知らせ • May 08LY Corporation, Annual General Meeting, Jun 19, 2026LY Corporation, Annual General Meeting, Jun 19, 2026.お知らせ • Apr 03LY Corporation to Report Q4, 2026 Results on May 08, 2026LY Corporation announced that they will report Q4, 2026 results at 3:30 PM, Tokyo Standard Time on May 08, 2026お知らせ • Mar 26LY Corporation (TSE:4689) agreed to acquire an unknown minority stake in Kakao Games Corp. (KOSDAQ:A293490) from Kakao Corp. (KOSE:A035720).LY Corporation (TSE:4689) agreed to acquire an unknown minority stake in Kakao Games Corp. (KOSDAQ:A293490) from Kakao Corp. (KOSE:A035720) on March 25, 2026. The transaction is expected to close in May 2026.お知らせ • Feb 05LY Corporation Revises Financial Guidance for the Fiscal Year Ending March 31, 2026LY Corporation revised financial guidance for the fiscal year ending March 31, 2026. For the year, the company now expects revenue to be JPY 2,000,000 million against previous guidance of JPY 2,100,000 million. Due to the impact of the system outage at ASKUL Corporation that occurred in October 2025, full-year consolidated revenue is now expected to fall below the consolidated performance estimate announced on May 7, 2025.お知らせ • Jan 31LY Corporation (TSE:4689) reached an agreement to acquire an unknown majority stake in Toreta, Inc.LY Corporation (TSE:4689) reached an agreement to acquire an unknown majority stake in Toreta, Inc. on January 30, 2026. Going forward, the company aims to make Toreta a subsidiary after completing the required procedures.お知らせ • Dec 26LY Corporation to Report Q3, 2026 Results on Feb 04, 2026LY Corporation announced that they will report Q3, 2026 results at 3:30 PM, Tokyo Standard Time on Feb 04, 2026最新情報をもっと見るRecent updatesお知らせ • May 08LY Corporation, Annual General Meeting, Jun 19, 2026LY Corporation, Annual General Meeting, Jun 19, 2026.お知らせ • Apr 03LY Corporation to Report Q4, 2026 Results on May 08, 2026LY Corporation announced that they will report Q4, 2026 results at 3:30 PM, Tokyo Standard Time on May 08, 2026お知らせ • Mar 26LY Corporation (TSE:4689) agreed to acquire an unknown minority stake in Kakao Games Corp. (KOSDAQ:A293490) from Kakao Corp. (KOSE:A035720).LY Corporation (TSE:4689) agreed to acquire an unknown minority stake in Kakao Games Corp. (KOSDAQ:A293490) from Kakao Corp. (KOSE:A035720) on March 25, 2026. The transaction is expected to close in May 2026.お知らせ • Feb 05LY Corporation Revises Financial Guidance for the Fiscal Year Ending March 31, 2026LY Corporation revised financial guidance for the fiscal year ending March 31, 2026. For the year, the company now expects revenue to be JPY 2,000,000 million against previous guidance of JPY 2,100,000 million. Due to the impact of the system outage at ASKUL Corporation that occurred in October 2025, full-year consolidated revenue is now expected to fall below the consolidated performance estimate announced on May 7, 2025.お知らせ • Jan 31LY Corporation (TSE:4689) reached an agreement to acquire an unknown majority stake in Toreta, Inc.LY Corporation (TSE:4689) reached an agreement to acquire an unknown majority stake in Toreta, Inc. on January 30, 2026. Going forward, the company aims to make Toreta a subsidiary after completing the required procedures.お知らせ • Dec 26LY Corporation to Report Q3, 2026 Results on Feb 04, 2026LY Corporation announced that they will report Q3, 2026 results at 3:30 PM, Tokyo Standard Time on Feb 04, 2026お知らせ • Nov 05LY Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2026LY Corporation revised dividend guidance for the fiscal year ending March 31, 2026. For the year, the company now expects to pay dividend of JPY 7.30 per share against previous guidance of JPY 7.00 per share. Reason for the revision: To achieve sustained growth in corporate value over the medium to long term, the Company recognizes the importance of pursuing upfront investments in services and capital expenditures for future growth, as well as rewarding the shareholders through profit distribution. Guided by the above policy, the Company announced its shareholder return policy of aiming for a cumulative total payout ratio of 70% or more in the five years from FY2025. After comprehensively considering factors such as this shareholder return policy and the business performance, the Company had previously announced a year-end dividend forecast for the fiscal year ending March 31, 2026 of JPY 50.0 billion in total dividends, or JPY 7.00 per share.お知らせ • Sep 25LY Corporation to Report Q2, 2026 Results on Nov 04, 2025LY Corporation announced that they will report Q2, 2026 results on Nov 04, 2025お知らせ • Jul 03LY Corporation to Report Q1, 2026 Results on Aug 04, 2025LY Corporation announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 04, 2025お知らせ • Jun 30LY Corporation (TSE:4689) announces an Equity Buyback for 63,400,000 shares, representing 0.89% for ¥38,500 million.LY Corporation (TSE:4689) announces a share repurchase program. Under the program, the company will repurchase up to 63,400,000 shares, representing 0.89% of its issued share capital for a total purchase price of ¥38,500 million. The purpose of the program is to enhance capital efficiency and improve shareholder returns. The repurchased shares will be cancelled. The program will be valid till September 30, 2025. As of May 31, 2025, the company had 7,155,614,993 issued shares (excluding treasury stock) and 613,329 treasury shares.お知らせ • May 08+ 1 more updateLY Corporation (TSE:4689) completed the acquisition of 98.8% stake in BEENOS Inc. (TSE:3328) from a group of shareholders.LY Corporation (TSE:4689) proposed to acquire 98.8% stake in BEENOS Inc. (TSE:3328) from a group of shareholders for ¥53.81 billion in a tender offer transaction on October 10, 2024. A cash consideration valued at ¥270 per share , valued at ¥1474 per share , valued at ¥1661 per share , valued at ¥2263 per share , valued at ¥2929 per share and valued at ¥4000 per share will be paid by LY Corporation. The transaction will be financed through it's own funds of ¥53.81 billion. The Board of Directors of BEENOS Inc. formed a special committee for the transaction. Transaction is subject to approval from Competition authorities from Japan and Taiwan, transaction has been approved by Japanese competition authorities and is still subject to approval from competition laws of Taiwan. At present, the Tender Offeror expects to commence the Tender Offer by the end of March 2025. As of March 21, 2025, the company announced that the tender offer will commence from March 24, 2025. As of March 21, 2025, In the Tender Offer, the Tender Offeror has set 8,876,800 shares (ownership ratio: 66.03%) as the minimum number of shares to be purchased. As such, because it is expected that they will support the Squeeze-out Procedures if the Tender Offer is successfully completed, in considering the minimum number of shares to be purchased, the number of voting rights related to the Restricted Shares has been deducted. The transaction is expected to close on May 7, 2025. Daiwa Securities Co. Ltd. acted as financial advisor for BEENOS Inc. Nishimura & Asahi acted as legal advisor for BEENOS Inc. Mizuho Securities Co., Ltd. acted as Financial advisor to LY Corporation (TSE:4689) and Plutus Consulting Co., Ltd. acted as Fairness Opinion provider to BEENOS Inc. LY Corporation (TSE:4689) completed the acquisition of 98.8% stake in BEENOS Inc. (TSE:3328) from a group of shareholders on May 7, 2025.お知らせ • May 07LY Corporation, Annual General Meeting, Jun 19, 2025LY Corporation, Annual General Meeting, Jun 19, 2025.お知らせ • Apr 03LY Corporation to Report Q4, 2025 Results on May 07, 2025LY Corporation announced that they will report Q4, 2025 results at 3:30 PM, Tokyo Standard Time on May 07, 2025お知らせ • Feb 06LY Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2025LY Corporation revised dividend guidance for the fiscal year ending March 31, 2025. For the period, Company expects dividend of JPY 7.00 per share against Previous forecast of JPY 5.56 per share paid a year ago.お知らせ • Jan 09LY Corporation to Report Q3, 2025 Results on Feb 06, 2025LY Corporation announced that they will report Q3, 2025 results at 3:30 PM, Tokyo Standard Time on Feb 06, 2025Buy Or Sell Opportunity • Nov 10Now 20% undervaluedOver the last 90 days, the stock has risen 6.9% to €2.48. The fair value is estimated to be €3.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥4.77 (vs JP¥7.52 in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.77 (down from JP¥7.52 in 2Q 2024). Revenue: JP¥462.2b (up 4.7% from 2Q 2024). Net income: JP¥35.7b (down 37% from 2Q 2024). Profit margin: 7.7% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.Declared Dividend • Nov 07Dividend of JP¥5.56 announcedShareholders will receive a dividend of JP¥5.56. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 222%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Oct 08LY Corporation to Report Q2, 2025 Results on Nov 05, 2024LY Corporation announced that they will report Q2, 2025 results at 3:30 PM, Tokyo Standard Time on Nov 05, 2024Reported Earnings • Aug 05First quarter 2025 earnings released: EPS: JP¥6.87 (vs JP¥4.98 in 1Q 2024)First quarter 2025 results: EPS: JP¥6.87 (up from JP¥4.98 in 1Q 2024). Revenue: JP¥463.1b (up 7.6% from 1Q 2024). Net income: JP¥51.5b (up 38% from 1Q 2024). Profit margin: 11% (up from 8.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Aug 02LY Corporation (TSE:4689) announces an Equity Buyback for 386,597,939 shares, representing 5.13% for ¥150,000 million.LY Corporation (TSE:4689) announces a share repurchase program. Under the program, the company will repurchase up to 386,597,939 shares, representing 5.13% of its issued share capital for a total purchase price of ¥150,000 million. The company will repurchase shares from A Holdings Corporation. The purchase price per share will be ¥388 per share. The purpose of the program is to implement a flexible capital policy, improve capital efficiency, and return profits to shareholders. The repurchased shares will be cancelled. If the total number of tendered shares exceeds the number of shares to be purchased (386,597,939 shares), the company will not purchase all or part of the excess shares, and will make delivery and other settlement procedures for the purchase of shares using the pro rata method. As of June 30, 2024, the company had 7,534,158,129 issued shares (excluding treasury stock) and 103,233,982 treasury shares.Buy Or Sell Opportunity • Jul 05Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at €2.28. The fair value is estimated to be €1.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.お知らせ • Jul 05LY Corporation to Report Q1, 2025 Results on Aug 02, 2024LY Corporation announced that they will report Q1, 2025 results at 3:00 PM, Tokyo Standard Time on Aug 02, 2024Reported Earnings • Jun 21Full year 2024 earnings released: EPS: JP¥15.10 (vs JP¥23.87 in FY 2023)Full year 2024 results: EPS: JP¥15.10 (down from JP¥23.87 in FY 2023). Revenue: JP¥1.81t (up 8.5% from FY 2023). Net income: JP¥113.2b (down 37% from FY 2023). Profit margin: 6.2% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • May 16Naver Will Not Sell Stake in Operator of Messaging App Line, for NowNAVER Corporation (KOSE:A035420), a Korean tech giant facing pressure from the Japanese government to divest from the operator of the popular messaging app Line, has decided not to sell any of its shares, according to a senior presidential official on May 14, 2024 - at least not until July. 'After discussions with Naver, the company conveyed its stance that there will be no sale of its shares in LY Corporation (TSE:4689) in relation to the Japanese government's administrative guidance,' the official told The Korea Times. 'The government has accepted Naver's position and will ensure to protect Naver in a manner that prevents objections from the Japanese government regarding the company's decision." Naver has been facing pressure to divest its shares in the app's operator LY Corp., which is controlled by a 50-50 joint venture between Naver and Japan's SoftBank Group Corp. (TSE:9984), after the Japanese government issued an administrative guidance to LY last month, aimed at reviewing its capital relationship with Naver following a massive data leak of user information last November. While the Japanese government has been denying that the guidance is about Naver's sell-down, SoftBank announced last week that it will initiate a review of its capital relationship with Naver, adding that it intends to make a decision by July. LY Corp. is supposed to submit a report on its response to the guidance by July 1, and the report will not include details on the sell-down, the official said. The Korean government has been urging Naver to articulate its 'sincere and detailed position' on whether it will sell its shares or not, viewing the issue as a business matter between Naver and SoftBank. However, while Naver had refrained from expressing its clear stance in an apparent move to enhance its leverage in negotiations with SoftBank, the opposition bloc had accused the government of neglecting its duty to protect a Korean company from Japan's unfair claims. As the dispute shows signs of escalating into a political clash between Korea and Japan, the Yoon administration has been facing a dilemma between Seoul's desire for improved relations with Tokyo and growing skeptical public sentiment regarding issues related to Japan. Even though another senior official at the presidential office said that 'the political conflicts over the Line dispute seem to be all settled,' it remains to be seen whether Naver will hold onto its shares even after July given that the explanations from the presidential office do not explicitly state that Naver has abandoned its plan to sell its shares in LY Corp. nor that the company's negotiations with SoftBank have concluded. Naver CEO Choi Soo-yeon said on May 3 that 'whatever decision the company makes, it will be based on the company's medium- and long-term strategy,' while its officials have been signaling that negotiations with SoftBank may not be concluded before July. Reportedly, the company also agrees with the presidential office's statements that there will be no sell-down because of the Japanese government's guidance, but the company does not rule out the possibility of a deal later. When asked for confirmation, a Naver official repeated the company's previous statement that the company is 'in talks with SoftBank, keeping all options open'.お知らせ • May 10LY Corporation, Annual General Meeting, Jun 18, 2024LY Corporation, Annual General Meeting, Jun 18, 2024.Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥15.10 (vs JP¥23.87 in FY 2023)Full year 2024 results: EPS: JP¥15.10 (down from JP¥23.87 in FY 2023). Revenue: JP¥1.81t (up 8.5% from FY 2023). Net income: JP¥113.2b (down 37% from FY 2023). Profit margin: 6.2% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • May 09+ 2 more updatesLY Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2025LY Corporation provided consolidated earnings guidance for the year ending March 31, 2025. For the year, the company expects revenues of ¥1,935,000 million.お知らせ • Apr 30South Korea to Consult Naver, After Report Firm Faces Japan Pressure to Divest StakeSouth Korea said on April 27, 2024 it will consult with NAVER Corporation (KOSE:A035420) after media reported that the domestic internet company was under pressure from Japan to divest from a venture, adding that its companies should not face discrimination. The South Korean foreign ministry was asked to respond to a Kyodo news agency report earlier this week that Japan's SoftBank Group Corp. (TSE:9984) was in talks to buy shares of LY Corporation (TSE:4689) from Naver after administrative guidance from Japan's internal affairs and communications ministry over a data leak last year. "The Korean government is firmly in the position that there should be no discriminatory measures against our companies. We will check Naver's position on the case and communicate with Japan's side if necessary," the ministry said in a statement. LY Corp. is majority owned by A Holdings, a joint venture between SoftBank and Naver, and operates Line, a messaging app popular in Japan and elsewhere in Asia. The media report prompted concerns in South Korea over possible political interference, with two incoming lawmakers from the Rebuilding Korea Party urging the South Korean government to take "strong action". Japan's internal affairs and communications ministry and SoftBank Group did not immediately reply to Reuters' requests for comment.Buy Or Sell Opportunity • Apr 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to €2.16. The fair value is estimated to be €2.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 9.4% per annum over the same time period.お知らせ • Apr 11LY Corporation to Report Fiscal Year 2024 Results on May 08, 2024LY Corporation announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on May 08, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥5.56 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (1.5%).Buy Or Sell Opportunity • Feb 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.0% to €2.56. The fair value is estimated to be €3.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.New Risk • Feb 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin).Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥3.83 (vs JP¥18.66 in 3Q 2023)Third quarter 2024 results: EPS: JP¥3.83 (down from JP¥18.66 in 3Q 2023). Revenue: JP¥475.0b (up 4.7% from 3Q 2023). Net income: JP¥28.7b (down 80% from 3Q 2023). Profit margin: 6.0% (down from 31% in 3Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Feb 07LY Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024LY Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, Company expects revenue of JPY 1,820,000 million against previous guidance of JPY 1,900,000 million.お知らせ • Jan 14LY Corporation to Report Q3, 2024 Results on Feb 06, 2024LY Corporation announced that they will report Q3, 2024 results on Feb 06, 2024Reported Earnings • Nov 09Second quarter 2024 earnings released: EPS: JP¥7.52 (vs JP¥2.01 in 2Q 2023)Second quarter 2024 results: EPS: JP¥7.52 (up from JP¥2.01 in 2Q 2023). Revenue: JP¥441.3b (up 12% from 2Q 2023). Net income: JP¥56.4b (up 274% from 2Q 2023). Profit margin: 13% (up from 3.8% in 2Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Oct 07LY Corporation to Report Q2, 2024 Results on Nov 07, 2023LY Corporation announced that they will report Q2, 2024 results at 3:00 PM, Tokyo Standard Time on Nov 07, 2023New Risk • Sep 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.08% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.08% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥4.98 (vs JP¥3.37 in 1Q 2023)First quarter 2024 results: EPS: JP¥4.98 (up from JP¥3.37 in 1Q 2023). Revenue: JP¥430.5b (up 10% from 1Q 2023). Net income: JP¥37.3b (up 48% from 1Q 2023). Profit margin: 8.7% (up from 6.5% in 1Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.お知らせ • Jul 07Z Holdings Corporation to Report Q1, 2024 Results on Aug 03, 2023Z Holdings Corporation announced that they will report Q1, 2024 results on Aug 03, 2023Reported Earnings • Jun 18Full year 2023 earnings released: EPS: JP¥23.87 (vs JP¥10.20 in FY 2022)Full year 2023 results: EPS: JP¥23.87 (up from JP¥10.20 in FY 2022). Revenue: JP¥1.67t (up 6.7% from FY 2022). Net income: JP¥178.9b (up 131% from FY 2022). Profit margin: 11% (up from 4.9% in FY 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥23.87 (vs JP¥10.20 in FY 2022)Full year 2023 results: EPS: JP¥23.87 (up from JP¥10.20 in FY 2022). Revenue: JP¥1.67t (up 6.7% from FY 2022). Net income: JP¥178.9b (up 131% from FY 2022). Profit margin: 11% (up from 4.9% in FY 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.56 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 03 June 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.9%).Reported Earnings • Feb 03Third quarter 2023 earnings released: EPS: JP¥18.66 (vs JP¥1.66 in 3Q 2022)Third quarter 2023 results: EPS: JP¥18.66 (up from JP¥1.66 in 3Q 2022). Revenue: JP¥453.7b (up 11% from 3Q 2022). Net income: JP¥139.8b (up JP¥127.2b from 3Q 2022). Profit margin: 31% (up from 3.1% in 3Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year.お知らせ • Feb 03+ 3 more updatesZ Holdings Corporation Announces Executive Changes, Effective on April 1, 2023In the Board of Directors meeting held on February 2, 2023, Z Holdings Corporation has resolved to make changes in the Representative Directors and job titles. Details are as follows. Changes in Representative Directors and job titles (As of April 1, 2023). Kentaro Kawabe, currently Chairperson and Representative Director, new title is President and Representative Director, Co-CEO. Takeshi Idezawa, currently President and Representative Director, CEO, new title is Representative Director, Co-CEO.お知らせ • Dec 24Z Holdings Corporation to Report Q3, 2023 Results on Feb 02, 2023Z Holdings Corporation announced that they will report Q3, 2023 results on Feb 02, 2023Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Tadashi Kunihiro was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥2.01 (vs JP¥3.64 in 2Q 2022)Second quarter 2023 results: EPS: JP¥2.01 (down from JP¥3.64 in 2Q 2022). Revenue: JP¥394.3b (up 4.4% from 2Q 2022). Net income: JP¥15.1b (down 45% from 2Q 2022). Profit margin: 3.8% (down from 7.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Buying Opportunity • Nov 03Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €3.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.Buying Opportunity • Aug 20Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €3.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥3.37 (vs JP¥3.51 in 1Q 2022)First quarter 2023 results: EPS: JP¥3.37 (down from JP¥3.51 in 1Q 2022). Revenue: JP¥390.6b (up 4.6% from 1Q 2022). Net income: JP¥25.2b (down 5.2% from 1Q 2022). Profit margin: 6.5% (down from 7.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 9.8%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Jun 21Full year 2022 earnings released: EPS: JP¥10.20 (vs JP¥14.02 in FY 2021)Full year 2022 results: EPS: JP¥10.20. Revenue: JP¥1.57t (up 30% from FY 2021). Net income: JP¥77.3b (up 10% from FY 2021). Profit margin: 4.9% (down from 5.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.6%, compared to a 16% growth forecast for the industry in Germany.Buying Opportunity • Jun 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be €3.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥10.20 (vs JP¥14.02 in FY 2021)Full year 2022 results: EPS: JP¥10.20. Revenue: JP¥1.57t (up 30% from FY 2021). Net income: JP¥77.3b (up 10% from FY 2021). Profit margin: 4.9% (down from 5.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.2%, compared to a 26% growth forecast for the industry in Germany.Board Change • Apr 27Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). President of Gyao Corp and Director of Gyao Corporation Osamu Aranami is the most experienced director on the board, commencing their role in 2016. Independent Outside Director Tadashi Kunihiro was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 06Z Holdings Corporation to Report Q4, 2022 Results on Apr 28, 2022Z Holdings Corporation announced that they will report Q4, 2022 results on Apr 28, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.56 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 04 June 2022. Payout ratio is a comfortable 57% and the cash payout ratio is 84%. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.5%).Reported Earnings • Feb 04Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥1.66 (down from JP¥4.42 in 3Q 2021). Revenue: JP¥409.2b (up 29% from 3Q 2021). Net income: JP¥12.6b (down 40% from 3Q 2021). Profit margin: 3.1% (down from 6.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 13%, compared to a 36% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.お知らせ • Feb 02Z Holdings Corporation Provides Earnings Guidance for the Fiscal Year Ending March 31, 2022Z Holdings Corporation provided earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expects revenue to be JPY 1,570,000 million.お知らせ • Jan 31Z Holdings Announces Changes to its Directors and Officers as of April 1, 2022Z Holdings Corporation announced the changes in Senior Managing Corporate Officers and Managing Corporate Officers as of April 1, 2022, and addition of responsibilities to some officers. Co-GCTOs (Co-Group Chief Technology Officers) Euivin Park and Chiaki Fujimon will be promoted from Managing Corporate Officers to Senior Managing Corporate Officers. Greater emphasis will be placed on the opinions from the technology perspective in discussions and decision-making regarding overall management. Takeshi Shimamura will be appointed Managing Corporate Officer, concurrently serving as Director of LINE Corporation and EVP, Managing Corporate Officer of Yahoo Japan Corporation. As of the same date, Ayumi Inagaki will cease duties as Managing Corporate Officer and will focus on duties as Senior Executive Officer of LINE Corporation. With the aim of strengthening the management structure for product growth, new CPOs (Chief Product Officers) supervising certain business domains responsible for promoting the growth of products in each field, will be appointed under the GCPO (Group Chief Product Officer) to speed up decision-making and business promotion. New CPOs are GCPO (Group Chief Product Officer) is Jungho Shin; CPOs supervising specific domains: Marketing & Sales CPO is Takeshi dezawa; E-Commerce CPO is Takao Ozawa; Entertainment CPO is Jun Masuda; Global Business CPO is In Joon Hwang; and AI CPO is Chiaki Fujimon.Reported Earnings • Nov 03Second quarter 2022 earnings released: EPS JP¥3.64 (vs JP¥4.85 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥377.6b (up 33% from 2Q 2021). Net income: JP¥27.6b (up 20% from 2Q 2021). Profit margin: 7.3% (down from 8.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Reported Earnings • Aug 04First quarter 2022 earnings released: EPS JP¥3.51 (vs JP¥4.78 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: JP¥373.4b (up 36% from 1Q 2021). Net income: JP¥26.6b (up 17% from 1Q 2021). Profit margin: 7.1% (down from 8.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Jun 22Full year 2021 earnings released: EPS JP¥14.02 (vs JP¥16.88 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥1.21t (up 14% from FY 2020). Net income: JP¥70.1b (down 14% from FY 2020). Profit margin: 5.8% (down from 7.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥14.02 (vs JP¥16.88 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥1.21t (up 14% from FY 2020). Net income: JP¥70.1b (down 14% from FY 2020). Profit margin: 5.8% (down from 7.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.56 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 05 June 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.2%).Executive Departure • Mar 10Managing Corporate Officer, Executive VP & Director has left the companyOn the 1st of March, Hideyuki Nakahara's tenure as Managing Corporate Officer, Executive VP & Director ended after 6.9 years in the role. We don't have any record of a personal shareholding under Hideyuki's name. A total of 2 executives have left over the last 12 months.Executive Departure • Mar 09Managing Corporate Officer, Executive VP & Director has left the companyOn the 1st of March, Gen Miyazawa's tenure in the role of Managing Corporate Officer, Executive VP & Director ended. We don't have any record of a personal shareholding under Gen's name. A total of 2 executives have left over the last 12 months.Is New 90 Day High Low • Mar 05New 90-day low: €4.62The company is down 6.0% from its price of €4.92 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.60 per share.お知らせ • Mar 02Z Holdings Corporation Announces CEO ChangesZ Holdings Corporation announced that Kentaro Kawabe will be appointed as Co-CEO from CEO and Takeshi Idezawa will be appointed as Co-CEO effective March 1, 2021.お知らせ • Mar 01Z Holdings Corporation Announces Board ChangesZ Holdings Corporation announced that Representative Director, Co-CEO, and Kentaro Kawabe will be appointed as President and Representative Director and Takeshi Idezawa as Representative Director, Co-CEO (Co-Chief Executive Officer). Effective date is March 1, 2021.お知らせ • Feb 20LINE Corporation completed the acquisition of 44.6% stake in Z Holdings Corporation (TSE:4689) from Shiodome Z Holdings Co., Ltd. and others.LINE Corporation agreed to acquire 44.6% stake in Z Holdings Corporation (TSE:4689) from Shiodome Z Holdings Co., Ltd. and others for approximately ¥ 740 billion on January 20, 2021. Under the terms LINE Corporation will acquire 2.12 billion shares at ¥ 348 per share. LINE Corporation has decided to start the Tender Offer on January 20, 2021, after confirming that all of the Preconditions have been met. An independent committee has been formed in respect of the transaction. The board of Z Holdings Corporation has approved the tender offer. The transaction was resolved by the board on January 20, 2021. The offer period will close on February 18, 2021. Takao Nakata acted as accountant for the special committee of the target. Latham & Watkins LLP, Takai & Partners and Mori Hamada & Matsumoto LPC acted as legal advisor and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Z Holdings in the transaction. LINE Corporation completed the acquisition of 44.6% stake in Z Holdings Corporation (TSE:4689) from Shiodome Z Holdings Co., Ltd. and others on February 18, 2021. LINE Corporation received tenders for 2,125,405,395 shares which exceeded the maximum number of shares to be purchased (2,125,366,950 shares). As a result, LINE Corporation purchased only 2,125,328,600 shares from Shiodome Z Holdings Co., Ltd. Shiodome Z Holdings Co., Ltd. will sell the rest of its shares to Softbank.Reported Earnings • Feb 05Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥316.6b (up 15% from 3Q 2020). Net income: JP¥21.0b (down 12% from 3Q 2020). Profit margin: 6.6% (down from 8.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 05Revenue beats expectationsRevenue exceeded analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 12%, compared to a 34% growth forecast for the Interactive Media and Services industry in Germany.お知らせ • Dec 03Z Holdings Corporation to Report Q3, 2021 Results on Feb 03, 2021Z Holdings Corporation announced that they will report Q3, 2021 results on Feb 03, 2021Valuation Update With 7 Day Price Move • Nov 16Market pulls back on stock over the past weekAfter last week's 18% share price decline to JP¥4.56, the stock is trading at a trailing P/E ratio of 36.5x, down from the previous P/E ratio of 44.4x. This compares to an average P/E of 33x in the Interactive Media and Services industry in Europe. Total returns to shareholders over the past three years are 30%.Is New 90 Day High Low • Nov 12New 90-day low: €4.80The company is down 6.0% from its price of €5.10 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.05 per share.Analyst Estimate Surprise Post Earnings • Nov 12Revenue misses expectationsRevenue missed analyst estimates by 0.01%. Over the next year, revenue is forecast to grow 18%, compared to a 33% growth forecast for the Interactive Media and Services industry in Germany.Reported Earnings • Nov 12Second quarter 2021 earnings released: EPS JP¥4.85The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥283.3b (up 15% from 2Q 2020). Net income: JP¥23.1b (down 3.0% from 2Q 2020). Profit margin: 8.1% (down from 9.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Nov 01Semi-annual earnings released: Revenue misses expectationsSemi-annual revenue missed analyst estimates by 0.01% at JP¥557.2b. Revenue is forecast to grow 21% over the next year, compared to a 28% growth forecast for the Interactive Media and Services industry in Germany.Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥76.3b, up 2.0% from the prior year. Total revenue was JP¥1.13t over the last 12 months, up 16% from the prior year.お知らせ • Oct 20DoubleVerify Announces Exclusive Partnership with Yahoo! Japan to Power Their Standard Feature of Ad Fraud and Brand Safety ProtectionDoubleVerify announced an exclusive partnership with Yahoo! Japan Corporation. As part of its media quality offering, DoubleVerify identifies and screens significant types of ad fraud, across mobile app, mobile web, and desktop inventory, and provides comprehensive brand safety controls to ensure alignment with content and context. Through this partnership with Yahoo! JAPAN, DoubleVerify will provide real-time analysis of inventory quality, to help safeguard brand advertisers from fraud and sophisticated invalid traffic, and ensure ads run in Yahoo! JAPAN’s policy-based, brand-safe environment across Yahoo! JAPAN Ads Display Ads comprehensive platform.Is New 90 Day High Low • Oct 05New 90-day high: €5.90The company is up 35% from its price of €4.38 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.32 per share.お知らせ • Sep 26+ 1 more updateValueCommerce Co., Ltd. (TSE:2491) completed the acquisition of Dynatech Inc. from Yahoo Japan Corporation (TSE:4689).ValueCommerce Co., Ltd. (TSE:2491) concluded a contract to acquire Dynatech Inc. from Yahoo Japan Corporation (TSE:4689) for ¥2.7 billion on September 25, 2019. As per terms, all 600 shares will be acquired. For the year ended March 2019, Dynatech Inc. reported revenues of ¥1.7 billion, total assets of ¥1.9 billion, operating income of ¥429 million, net income of ¥301 million and net assets of ¥1.4 billion. The deal is expected to close on September 27, 2019. Wadakura Gate Law Office acted as legal advisor for ValueCommerce Co., Ltd. An advisory fee of ¥8 million has been incurred on the transaction. ValueCommerce Co., Ltd. (TSE:2491) completed the acquisition of Dynatech Inc. from Yahoo Japan Corporation (TSE:4689) in September 2019.お知らせ • Sep 25ValueCommerce Co., Ltd. (TSE:2491) concluded a contract to acquire Dynatech Inc. from Yahoo Japan Corporation (TSE:4689) for ¥2.7 billion.ValueCommerce Co., Ltd. (TSE:2491) concluded a contract to acquire Dynatech Inc. from Yahoo Japan Corporation (TSE:4689) for ¥2.7 billion on September 25, 2019. As per terms, all 600 shares will be acquired. For the year ended March 2019, Dynatech Inc. reported revenues of ¥1.7 billion, total assets of ¥1.9 billion, operating income of ¥429 million, net income of ¥301 million and net assets of ¥1.4 billion. The deal is expected to close on September 27, 2019. Wadakura Gate Law Office acted as legal advisor for ValueCommerce Co., Ltd. An advisory fee of ¥8 million has been incurred on the transaction.お知らせ • Sep 03Z Holdings Corporation to Report Q2, 2021 Results on Oct 30, 2020Z Holdings Corporation announced that they will report Q2, 2021 results on Oct 30, 2020株主還元YOJDE Interactive Media and ServicesDE 市場7D-1.8%-0.5%3.2%1Y-31.9%-38.5%2.5%株主還元を見る業界別リターン: YOJ過去 1 年間で-38.5 % の収益を上げたGerman Interactive Media and Services業界を上回りました。リターン対市場: YOJは、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is YOJ's price volatile compared to industry and market?YOJ volatilityYOJ Average Weekly Movement5.0%Interactive Media and Services Industry Average Movement6.9%Market Average Movement6.1%10% most volatile stocks in DE Market13.6%10% least volatile stocks in DE Market2.7%安定した株価: YOJ 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: YOJの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199627,003Takeshi Idezawawww.lycorp.co.jp/jaLY株式会社は、日本でオンライン広告事業とEコマース事業を展開している。コミュニケーションアプリ「LINE」や、検索、ニュース、天気、ショッピング、オークションなどを提供するインターネットサービス「Yahoo!また、リユース、会員制、決済関連のサービスも提供している。旧社名はZホールディングス株式会社で、2023年10月にLY株式会社に商号変更した。LYコーポレーションは1996年に設立され、千代田区に本社を置いている。LYコーポレーションはAホールディングスの子会社として運営されている。もっと見るLY Corporation 基礎のまとめLY の収益と売上を時価総額と比較するとどうか。YOJ 基礎統計学時価総額€15.19b収益（TTM）€1.05b売上高(TTM)€11.02b14.5xPER（株価収益率1.4xP/SレシオYOJ は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計YOJ 損益計算書（TTM）収益JP¥2.04t売上原価JP¥530.10b売上総利益JP¥1.51tその他の費用JP¥1.31t収益JP¥193.69b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）28.24グロス・マージン73.97%純利益率9.51%有利子負債／自己資本比率52.8%YOJ の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.7%現在の配当利回り26%配当性向YOJ 配当は確実ですか？YOJ 配当履歴とベンチマークを見るYOJ 、いつまでに購入すれば配当金を受け取れますか？LY 配当日配当落ち日Mar 30 2026配当支払日Jun 05 2026配当落ちまでの日数55 days配当支払日までの日数12 daysYOJ 配当は確実ですか？YOJ 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 11:54終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋LY Corporation 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関Keiichi YoneshimaBarclaysYoshitaka NagaoBofA Global ResearchKeiichi YoneshimaCitigroup Inc22 その他のアナリストを表示
お知らせ • May 08LY Corporation, Annual General Meeting, Jun 19, 2026LY Corporation, Annual General Meeting, Jun 19, 2026.
お知らせ • Apr 03LY Corporation to Report Q4, 2026 Results on May 08, 2026LY Corporation announced that they will report Q4, 2026 results at 3:30 PM, Tokyo Standard Time on May 08, 2026
お知らせ • Mar 26LY Corporation (TSE:4689) agreed to acquire an unknown minority stake in Kakao Games Corp. (KOSDAQ:A293490) from Kakao Corp. (KOSE:A035720).LY Corporation (TSE:4689) agreed to acquire an unknown minority stake in Kakao Games Corp. (KOSDAQ:A293490) from Kakao Corp. (KOSE:A035720) on March 25, 2026. The transaction is expected to close in May 2026.
お知らせ • Feb 05LY Corporation Revises Financial Guidance for the Fiscal Year Ending March 31, 2026LY Corporation revised financial guidance for the fiscal year ending March 31, 2026. For the year, the company now expects revenue to be JPY 2,000,000 million against previous guidance of JPY 2,100,000 million. Due to the impact of the system outage at ASKUL Corporation that occurred in October 2025, full-year consolidated revenue is now expected to fall below the consolidated performance estimate announced on May 7, 2025.
お知らせ • Jan 31LY Corporation (TSE:4689) reached an agreement to acquire an unknown majority stake in Toreta, Inc.LY Corporation (TSE:4689) reached an agreement to acquire an unknown majority stake in Toreta, Inc. on January 30, 2026. Going forward, the company aims to make Toreta a subsidiary after completing the required procedures.
お知らせ • Dec 26LY Corporation to Report Q3, 2026 Results on Feb 04, 2026LY Corporation announced that they will report Q3, 2026 results at 3:30 PM, Tokyo Standard Time on Feb 04, 2026
お知らせ • May 08LY Corporation, Annual General Meeting, Jun 19, 2026LY Corporation, Annual General Meeting, Jun 19, 2026.
お知らせ • Apr 03LY Corporation to Report Q4, 2026 Results on May 08, 2026LY Corporation announced that they will report Q4, 2026 results at 3:30 PM, Tokyo Standard Time on May 08, 2026
お知らせ • Mar 26LY Corporation (TSE:4689) agreed to acquire an unknown minority stake in Kakao Games Corp. (KOSDAQ:A293490) from Kakao Corp. (KOSE:A035720).LY Corporation (TSE:4689) agreed to acquire an unknown minority stake in Kakao Games Corp. (KOSDAQ:A293490) from Kakao Corp. (KOSE:A035720) on March 25, 2026. The transaction is expected to close in May 2026.
お知らせ • Feb 05LY Corporation Revises Financial Guidance for the Fiscal Year Ending March 31, 2026LY Corporation revised financial guidance for the fiscal year ending March 31, 2026. For the year, the company now expects revenue to be JPY 2,000,000 million against previous guidance of JPY 2,100,000 million. Due to the impact of the system outage at ASKUL Corporation that occurred in October 2025, full-year consolidated revenue is now expected to fall below the consolidated performance estimate announced on May 7, 2025.
お知らせ • Jan 31LY Corporation (TSE:4689) reached an agreement to acquire an unknown majority stake in Toreta, Inc.LY Corporation (TSE:4689) reached an agreement to acquire an unknown majority stake in Toreta, Inc. on January 30, 2026. Going forward, the company aims to make Toreta a subsidiary after completing the required procedures.
お知らせ • Dec 26LY Corporation to Report Q3, 2026 Results on Feb 04, 2026LY Corporation announced that they will report Q3, 2026 results at 3:30 PM, Tokyo Standard Time on Feb 04, 2026
お知らせ • Nov 05LY Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2026LY Corporation revised dividend guidance for the fiscal year ending March 31, 2026. For the year, the company now expects to pay dividend of JPY 7.30 per share against previous guidance of JPY 7.00 per share. Reason for the revision: To achieve sustained growth in corporate value over the medium to long term, the Company recognizes the importance of pursuing upfront investments in services and capital expenditures for future growth, as well as rewarding the shareholders through profit distribution. Guided by the above policy, the Company announced its shareholder return policy of aiming for a cumulative total payout ratio of 70% or more in the five years from FY2025. After comprehensively considering factors such as this shareholder return policy and the business performance, the Company had previously announced a year-end dividend forecast for the fiscal year ending March 31, 2026 of JPY 50.0 billion in total dividends, or JPY 7.00 per share.
お知らせ • Sep 25LY Corporation to Report Q2, 2026 Results on Nov 04, 2025LY Corporation announced that they will report Q2, 2026 results on Nov 04, 2025
お知らせ • Jul 03LY Corporation to Report Q1, 2026 Results on Aug 04, 2025LY Corporation announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 04, 2025
お知らせ • Jun 30LY Corporation (TSE:4689) announces an Equity Buyback for 63,400,000 shares, representing 0.89% for ¥38,500 million.LY Corporation (TSE:4689) announces a share repurchase program. Under the program, the company will repurchase up to 63,400,000 shares, representing 0.89% of its issued share capital for a total purchase price of ¥38,500 million. The purpose of the program is to enhance capital efficiency and improve shareholder returns. The repurchased shares will be cancelled. The program will be valid till September 30, 2025. As of May 31, 2025, the company had 7,155,614,993 issued shares (excluding treasury stock) and 613,329 treasury shares.
お知らせ • May 08+ 1 more updateLY Corporation (TSE:4689) completed the acquisition of 98.8% stake in BEENOS Inc. (TSE:3328) from a group of shareholders.LY Corporation (TSE:4689) proposed to acquire 98.8% stake in BEENOS Inc. (TSE:3328) from a group of shareholders for ¥53.81 billion in a tender offer transaction on October 10, 2024. A cash consideration valued at ¥270 per share , valued at ¥1474 per share , valued at ¥1661 per share , valued at ¥2263 per share , valued at ¥2929 per share and valued at ¥4000 per share will be paid by LY Corporation. The transaction will be financed through it's own funds of ¥53.81 billion. The Board of Directors of BEENOS Inc. formed a special committee for the transaction. Transaction is subject to approval from Competition authorities from Japan and Taiwan, transaction has been approved by Japanese competition authorities and is still subject to approval from competition laws of Taiwan. At present, the Tender Offeror expects to commence the Tender Offer by the end of March 2025. As of March 21, 2025, the company announced that the tender offer will commence from March 24, 2025. As of March 21, 2025, In the Tender Offer, the Tender Offeror has set 8,876,800 shares (ownership ratio: 66.03%) as the minimum number of shares to be purchased. As such, because it is expected that they will support the Squeeze-out Procedures if the Tender Offer is successfully completed, in considering the minimum number of shares to be purchased, the number of voting rights related to the Restricted Shares has been deducted. The transaction is expected to close on May 7, 2025. Daiwa Securities Co. Ltd. acted as financial advisor for BEENOS Inc. Nishimura & Asahi acted as legal advisor for BEENOS Inc. Mizuho Securities Co., Ltd. acted as Financial advisor to LY Corporation (TSE:4689) and Plutus Consulting Co., Ltd. acted as Fairness Opinion provider to BEENOS Inc. LY Corporation (TSE:4689) completed the acquisition of 98.8% stake in BEENOS Inc. (TSE:3328) from a group of shareholders on May 7, 2025.
お知らせ • May 07LY Corporation, Annual General Meeting, Jun 19, 2025LY Corporation, Annual General Meeting, Jun 19, 2025.
お知らせ • Apr 03LY Corporation to Report Q4, 2025 Results on May 07, 2025LY Corporation announced that they will report Q4, 2025 results at 3:30 PM, Tokyo Standard Time on May 07, 2025
お知らせ • Feb 06LY Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2025LY Corporation revised dividend guidance for the fiscal year ending March 31, 2025. For the period, Company expects dividend of JPY 7.00 per share against Previous forecast of JPY 5.56 per share paid a year ago.
お知らせ • Jan 09LY Corporation to Report Q3, 2025 Results on Feb 06, 2025LY Corporation announced that they will report Q3, 2025 results at 3:30 PM, Tokyo Standard Time on Feb 06, 2025
Buy Or Sell Opportunity • Nov 10Now 20% undervaluedOver the last 90 days, the stock has risen 6.9% to €2.48. The fair value is estimated to be €3.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥4.77 (vs JP¥7.52 in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.77 (down from JP¥7.52 in 2Q 2024). Revenue: JP¥462.2b (up 4.7% from 2Q 2024). Net income: JP¥35.7b (down 37% from 2Q 2024). Profit margin: 7.7% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
Declared Dividend • Nov 07Dividend of JP¥5.56 announcedShareholders will receive a dividend of JP¥5.56. Ex-date: 28th March 2025 Payment date: 4th June 2025 Dividend yield will be 222%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Oct 08LY Corporation to Report Q2, 2025 Results on Nov 05, 2024LY Corporation announced that they will report Q2, 2025 results at 3:30 PM, Tokyo Standard Time on Nov 05, 2024
Reported Earnings • Aug 05First quarter 2025 earnings released: EPS: JP¥6.87 (vs JP¥4.98 in 1Q 2024)First quarter 2025 results: EPS: JP¥6.87 (up from JP¥4.98 in 1Q 2024). Revenue: JP¥463.1b (up 7.6% from 1Q 2024). Net income: JP¥51.5b (up 38% from 1Q 2024). Profit margin: 11% (up from 8.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Aug 02LY Corporation (TSE:4689) announces an Equity Buyback for 386,597,939 shares, representing 5.13% for ¥150,000 million.LY Corporation (TSE:4689) announces a share repurchase program. Under the program, the company will repurchase up to 386,597,939 shares, representing 5.13% of its issued share capital for a total purchase price of ¥150,000 million. The company will repurchase shares from A Holdings Corporation. The purchase price per share will be ¥388 per share. The purpose of the program is to implement a flexible capital policy, improve capital efficiency, and return profits to shareholders. The repurchased shares will be cancelled. If the total number of tendered shares exceeds the number of shares to be purchased (386,597,939 shares), the company will not purchase all or part of the excess shares, and will make delivery and other settlement procedures for the purchase of shares using the pro rata method. As of June 30, 2024, the company had 7,534,158,129 issued shares (excluding treasury stock) and 103,233,982 treasury shares.
Buy Or Sell Opportunity • Jul 05Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at €2.28. The fair value is estimated to be €1.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
お知らせ • Jul 05LY Corporation to Report Q1, 2025 Results on Aug 02, 2024LY Corporation announced that they will report Q1, 2025 results at 3:00 PM, Tokyo Standard Time on Aug 02, 2024
Reported Earnings • Jun 21Full year 2024 earnings released: EPS: JP¥15.10 (vs JP¥23.87 in FY 2023)Full year 2024 results: EPS: JP¥15.10 (down from JP¥23.87 in FY 2023). Revenue: JP¥1.81t (up 8.5% from FY 2023). Net income: JP¥113.2b (down 37% from FY 2023). Profit margin: 6.2% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • May 16Naver Will Not Sell Stake in Operator of Messaging App Line, for NowNAVER Corporation (KOSE:A035420), a Korean tech giant facing pressure from the Japanese government to divest from the operator of the popular messaging app Line, has decided not to sell any of its shares, according to a senior presidential official on May 14, 2024 - at least not until July. 'After discussions with Naver, the company conveyed its stance that there will be no sale of its shares in LY Corporation (TSE:4689) in relation to the Japanese government's administrative guidance,' the official told The Korea Times. 'The government has accepted Naver's position and will ensure to protect Naver in a manner that prevents objections from the Japanese government regarding the company's decision." Naver has been facing pressure to divest its shares in the app's operator LY Corp., which is controlled by a 50-50 joint venture between Naver and Japan's SoftBank Group Corp. (TSE:9984), after the Japanese government issued an administrative guidance to LY last month, aimed at reviewing its capital relationship with Naver following a massive data leak of user information last November. While the Japanese government has been denying that the guidance is about Naver's sell-down, SoftBank announced last week that it will initiate a review of its capital relationship with Naver, adding that it intends to make a decision by July. LY Corp. is supposed to submit a report on its response to the guidance by July 1, and the report will not include details on the sell-down, the official said. The Korean government has been urging Naver to articulate its 'sincere and detailed position' on whether it will sell its shares or not, viewing the issue as a business matter between Naver and SoftBank. However, while Naver had refrained from expressing its clear stance in an apparent move to enhance its leverage in negotiations with SoftBank, the opposition bloc had accused the government of neglecting its duty to protect a Korean company from Japan's unfair claims. As the dispute shows signs of escalating into a political clash between Korea and Japan, the Yoon administration has been facing a dilemma between Seoul's desire for improved relations with Tokyo and growing skeptical public sentiment regarding issues related to Japan. Even though another senior official at the presidential office said that 'the political conflicts over the Line dispute seem to be all settled,' it remains to be seen whether Naver will hold onto its shares even after July given that the explanations from the presidential office do not explicitly state that Naver has abandoned its plan to sell its shares in LY Corp. nor that the company's negotiations with SoftBank have concluded. Naver CEO Choi Soo-yeon said on May 3 that 'whatever decision the company makes, it will be based on the company's medium- and long-term strategy,' while its officials have been signaling that negotiations with SoftBank may not be concluded before July. Reportedly, the company also agrees with the presidential office's statements that there will be no sell-down because of the Japanese government's guidance, but the company does not rule out the possibility of a deal later. When asked for confirmation, a Naver official repeated the company's previous statement that the company is 'in talks with SoftBank, keeping all options open'.
お知らせ • May 10LY Corporation, Annual General Meeting, Jun 18, 2024LY Corporation, Annual General Meeting, Jun 18, 2024.
Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥15.10 (vs JP¥23.87 in FY 2023)Full year 2024 results: EPS: JP¥15.10 (down from JP¥23.87 in FY 2023). Revenue: JP¥1.81t (up 8.5% from FY 2023). Net income: JP¥113.2b (down 37% from FY 2023). Profit margin: 6.2% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • May 09+ 2 more updatesLY Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2025LY Corporation provided consolidated earnings guidance for the year ending March 31, 2025. For the year, the company expects revenues of ¥1,935,000 million.
お知らせ • Apr 30South Korea to Consult Naver, After Report Firm Faces Japan Pressure to Divest StakeSouth Korea said on April 27, 2024 it will consult with NAVER Corporation (KOSE:A035420) after media reported that the domestic internet company was under pressure from Japan to divest from a venture, adding that its companies should not face discrimination. The South Korean foreign ministry was asked to respond to a Kyodo news agency report earlier this week that Japan's SoftBank Group Corp. (TSE:9984) was in talks to buy shares of LY Corporation (TSE:4689) from Naver after administrative guidance from Japan's internal affairs and communications ministry over a data leak last year. "The Korean government is firmly in the position that there should be no discriminatory measures against our companies. We will check Naver's position on the case and communicate with Japan's side if necessary," the ministry said in a statement. LY Corp. is majority owned by A Holdings, a joint venture between SoftBank and Naver, and operates Line, a messaging app popular in Japan and elsewhere in Asia. The media report prompted concerns in South Korea over possible political interference, with two incoming lawmakers from the Rebuilding Korea Party urging the South Korean government to take "strong action". Japan's internal affairs and communications ministry and SoftBank Group did not immediately reply to Reuters' requests for comment.
Buy Or Sell Opportunity • Apr 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to €2.16. The fair value is estimated to be €2.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 9.4% per annum over the same time period.
お知らせ • Apr 11LY Corporation to Report Fiscal Year 2024 Results on May 08, 2024LY Corporation announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on May 08, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥5.56 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (1.5%).
Buy Or Sell Opportunity • Feb 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.0% to €2.56. The fair value is estimated to be €3.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
New Risk • Feb 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin).
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥3.83 (vs JP¥18.66 in 3Q 2023)Third quarter 2024 results: EPS: JP¥3.83 (down from JP¥18.66 in 3Q 2023). Revenue: JP¥475.0b (up 4.7% from 3Q 2023). Net income: JP¥28.7b (down 80% from 3Q 2023). Profit margin: 6.0% (down from 31% in 3Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Feb 07LY Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024LY Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, Company expects revenue of JPY 1,820,000 million against previous guidance of JPY 1,900,000 million.
お知らせ • Jan 14LY Corporation to Report Q3, 2024 Results on Feb 06, 2024LY Corporation announced that they will report Q3, 2024 results on Feb 06, 2024
Reported Earnings • Nov 09Second quarter 2024 earnings released: EPS: JP¥7.52 (vs JP¥2.01 in 2Q 2023)Second quarter 2024 results: EPS: JP¥7.52 (up from JP¥2.01 in 2Q 2023). Revenue: JP¥441.3b (up 12% from 2Q 2023). Net income: JP¥56.4b (up 274% from 2Q 2023). Profit margin: 13% (up from 3.8% in 2Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Oct 07LY Corporation to Report Q2, 2024 Results on Nov 07, 2023LY Corporation announced that they will report Q2, 2024 results at 3:00 PM, Tokyo Standard Time on Nov 07, 2023
New Risk • Sep 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.08% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.08% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥4.98 (vs JP¥3.37 in 1Q 2023)First quarter 2024 results: EPS: JP¥4.98 (up from JP¥3.37 in 1Q 2023). Revenue: JP¥430.5b (up 10% from 1Q 2023). Net income: JP¥37.3b (up 48% from 1Q 2023). Profit margin: 8.7% (up from 6.5% in 1Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
お知らせ • Jul 07Z Holdings Corporation to Report Q1, 2024 Results on Aug 03, 2023Z Holdings Corporation announced that they will report Q1, 2024 results on Aug 03, 2023
Reported Earnings • Jun 18Full year 2023 earnings released: EPS: JP¥23.87 (vs JP¥10.20 in FY 2022)Full year 2023 results: EPS: JP¥23.87 (up from JP¥10.20 in FY 2022). Revenue: JP¥1.67t (up 6.7% from FY 2022). Net income: JP¥178.9b (up 131% from FY 2022). Profit margin: 11% (up from 4.9% in FY 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥23.87 (vs JP¥10.20 in FY 2022)Full year 2023 results: EPS: JP¥23.87 (up from JP¥10.20 in FY 2022). Revenue: JP¥1.67t (up 6.7% from FY 2022). Net income: JP¥178.9b (up 131% from FY 2022). Profit margin: 11% (up from 4.9% in FY 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.56 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 03 June 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.9%).
Reported Earnings • Feb 03Third quarter 2023 earnings released: EPS: JP¥18.66 (vs JP¥1.66 in 3Q 2022)Third quarter 2023 results: EPS: JP¥18.66 (up from JP¥1.66 in 3Q 2022). Revenue: JP¥453.7b (up 11% from 3Q 2022). Net income: JP¥139.8b (up JP¥127.2b from 3Q 2022). Profit margin: 31% (up from 3.1% in 3Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year.
お知らせ • Feb 03+ 3 more updatesZ Holdings Corporation Announces Executive Changes, Effective on April 1, 2023In the Board of Directors meeting held on February 2, 2023, Z Holdings Corporation has resolved to make changes in the Representative Directors and job titles. Details are as follows. Changes in Representative Directors and job titles (As of April 1, 2023). Kentaro Kawabe, currently Chairperson and Representative Director, new title is President and Representative Director, Co-CEO. Takeshi Idezawa, currently President and Representative Director, CEO, new title is Representative Director, Co-CEO.
お知らせ • Dec 24Z Holdings Corporation to Report Q3, 2023 Results on Feb 02, 2023Z Holdings Corporation announced that they will report Q3, 2023 results on Feb 02, 2023
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Tadashi Kunihiro was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥2.01 (vs JP¥3.64 in 2Q 2022)Second quarter 2023 results: EPS: JP¥2.01 (down from JP¥3.64 in 2Q 2022). Revenue: JP¥394.3b (up 4.4% from 2Q 2022). Net income: JP¥15.1b (down 45% from 2Q 2022). Profit margin: 3.8% (down from 7.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Nov 03Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €3.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.
Buying Opportunity • Aug 20Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €3.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥3.37 (vs JP¥3.51 in 1Q 2022)First quarter 2023 results: EPS: JP¥3.37 (down from JP¥3.51 in 1Q 2022). Revenue: JP¥390.6b (up 4.6% from 1Q 2022). Net income: JP¥25.2b (down 5.2% from 1Q 2022). Profit margin: 6.5% (down from 7.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 9.8%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Jun 21Full year 2022 earnings released: EPS: JP¥10.20 (vs JP¥14.02 in FY 2021)Full year 2022 results: EPS: JP¥10.20. Revenue: JP¥1.57t (up 30% from FY 2021). Net income: JP¥77.3b (up 10% from FY 2021). Profit margin: 4.9% (down from 5.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.6%, compared to a 16% growth forecast for the industry in Germany.
Buying Opportunity • Jun 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be €3.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.
Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥10.20 (vs JP¥14.02 in FY 2021)Full year 2022 results: EPS: JP¥10.20. Revenue: JP¥1.57t (up 30% from FY 2021). Net income: JP¥77.3b (up 10% from FY 2021). Profit margin: 4.9% (down from 5.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.2%, compared to a 26% growth forecast for the industry in Germany.
Board Change • Apr 27Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). President of Gyao Corp and Director of Gyao Corporation Osamu Aranami is the most experienced director on the board, commencing their role in 2016. Independent Outside Director Tadashi Kunihiro was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 06Z Holdings Corporation to Report Q4, 2022 Results on Apr 28, 2022Z Holdings Corporation announced that they will report Q4, 2022 results on Apr 28, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.56 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 04 June 2022. Payout ratio is a comfortable 57% and the cash payout ratio is 84%. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.5%).
Reported Earnings • Feb 04Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥1.66 (down from JP¥4.42 in 3Q 2021). Revenue: JP¥409.2b (up 29% from 3Q 2021). Net income: JP¥12.6b (down 40% from 3Q 2021). Profit margin: 3.1% (down from 6.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 13%, compared to a 36% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
お知らせ • Feb 02Z Holdings Corporation Provides Earnings Guidance for the Fiscal Year Ending March 31, 2022Z Holdings Corporation provided earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expects revenue to be JPY 1,570,000 million.
お知らせ • Jan 31Z Holdings Announces Changes to its Directors and Officers as of April 1, 2022Z Holdings Corporation announced the changes in Senior Managing Corporate Officers and Managing Corporate Officers as of April 1, 2022, and addition of responsibilities to some officers. Co-GCTOs (Co-Group Chief Technology Officers) Euivin Park and Chiaki Fujimon will be promoted from Managing Corporate Officers to Senior Managing Corporate Officers. Greater emphasis will be placed on the opinions from the technology perspective in discussions and decision-making regarding overall management. Takeshi Shimamura will be appointed Managing Corporate Officer, concurrently serving as Director of LINE Corporation and EVP, Managing Corporate Officer of Yahoo Japan Corporation. As of the same date, Ayumi Inagaki will cease duties as Managing Corporate Officer and will focus on duties as Senior Executive Officer of LINE Corporation. With the aim of strengthening the management structure for product growth, new CPOs (Chief Product Officers) supervising certain business domains responsible for promoting the growth of products in each field, will be appointed under the GCPO (Group Chief Product Officer) to speed up decision-making and business promotion. New CPOs are GCPO (Group Chief Product Officer) is Jungho Shin; CPOs supervising specific domains: Marketing & Sales CPO is Takeshi dezawa; E-Commerce CPO is Takao Ozawa; Entertainment CPO is Jun Masuda; Global Business CPO is In Joon Hwang; and AI CPO is Chiaki Fujimon.
Reported Earnings • Nov 03Second quarter 2022 earnings released: EPS JP¥3.64 (vs JP¥4.85 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥377.6b (up 33% from 2Q 2021). Net income: JP¥27.6b (up 20% from 2Q 2021). Profit margin: 7.3% (down from 8.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 04First quarter 2022 earnings released: EPS JP¥3.51 (vs JP¥4.78 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: JP¥373.4b (up 36% from 1Q 2021). Net income: JP¥26.6b (up 17% from 1Q 2021). Profit margin: 7.1% (down from 8.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Jun 22Full year 2021 earnings released: EPS JP¥14.02 (vs JP¥16.88 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥1.21t (up 14% from FY 2020). Net income: JP¥70.1b (down 14% from FY 2020). Profit margin: 5.8% (down from 7.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥14.02 (vs JP¥16.88 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥1.21t (up 14% from FY 2020). Net income: JP¥70.1b (down 14% from FY 2020). Profit margin: 5.8% (down from 7.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.56 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 05 June 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.2%).
Executive Departure • Mar 10Managing Corporate Officer, Executive VP & Director has left the companyOn the 1st of March, Hideyuki Nakahara's tenure as Managing Corporate Officer, Executive VP & Director ended after 6.9 years in the role. We don't have any record of a personal shareholding under Hideyuki's name. A total of 2 executives have left over the last 12 months.
Executive Departure • Mar 09Managing Corporate Officer, Executive VP & Director has left the companyOn the 1st of March, Gen Miyazawa's tenure in the role of Managing Corporate Officer, Executive VP & Director ended. We don't have any record of a personal shareholding under Gen's name. A total of 2 executives have left over the last 12 months.
Is New 90 Day High Low • Mar 05New 90-day low: €4.62The company is down 6.0% from its price of €4.92 on 04 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.60 per share.
お知らせ • Mar 02Z Holdings Corporation Announces CEO ChangesZ Holdings Corporation announced that Kentaro Kawabe will be appointed as Co-CEO from CEO and Takeshi Idezawa will be appointed as Co-CEO effective March 1, 2021.
お知らせ • Mar 01Z Holdings Corporation Announces Board ChangesZ Holdings Corporation announced that Representative Director, Co-CEO, and Kentaro Kawabe will be appointed as President and Representative Director and Takeshi Idezawa as Representative Director, Co-CEO (Co-Chief Executive Officer). Effective date is March 1, 2021.
お知らせ • Feb 20LINE Corporation completed the acquisition of 44.6% stake in Z Holdings Corporation (TSE:4689) from Shiodome Z Holdings Co., Ltd. and others.LINE Corporation agreed to acquire 44.6% stake in Z Holdings Corporation (TSE:4689) from Shiodome Z Holdings Co., Ltd. and others for approximately ¥ 740 billion on January 20, 2021. Under the terms LINE Corporation will acquire 2.12 billion shares at ¥ 348 per share. LINE Corporation has decided to start the Tender Offer on January 20, 2021, after confirming that all of the Preconditions have been met. An independent committee has been formed in respect of the transaction. The board of Z Holdings Corporation has approved the tender offer. The transaction was resolved by the board on January 20, 2021. The offer period will close on February 18, 2021. Takao Nakata acted as accountant for the special committee of the target. Latham & Watkins LLP, Takai & Partners and Mori Hamada & Matsumoto LPC acted as legal advisor and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Z Holdings in the transaction. LINE Corporation completed the acquisition of 44.6% stake in Z Holdings Corporation (TSE:4689) from Shiodome Z Holdings Co., Ltd. and others on February 18, 2021. LINE Corporation received tenders for 2,125,405,395 shares which exceeded the maximum number of shares to be purchased (2,125,366,950 shares). As a result, LINE Corporation purchased only 2,125,328,600 shares from Shiodome Z Holdings Co., Ltd. Shiodome Z Holdings Co., Ltd. will sell the rest of its shares to Softbank.
Reported Earnings • Feb 05Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥316.6b (up 15% from 3Q 2020). Net income: JP¥21.0b (down 12% from 3Q 2020). Profit margin: 6.6% (down from 8.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 05Revenue beats expectationsRevenue exceeded analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 12%, compared to a 34% growth forecast for the Interactive Media and Services industry in Germany.
お知らせ • Dec 03Z Holdings Corporation to Report Q3, 2021 Results on Feb 03, 2021Z Holdings Corporation announced that they will report Q3, 2021 results on Feb 03, 2021
Valuation Update With 7 Day Price Move • Nov 16Market pulls back on stock over the past weekAfter last week's 18% share price decline to JP¥4.56, the stock is trading at a trailing P/E ratio of 36.5x, down from the previous P/E ratio of 44.4x. This compares to an average P/E of 33x in the Interactive Media and Services industry in Europe. Total returns to shareholders over the past three years are 30%.
Is New 90 Day High Low • Nov 12New 90-day low: €4.80The company is down 6.0% from its price of €5.10 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.05 per share.
Analyst Estimate Surprise Post Earnings • Nov 12Revenue misses expectationsRevenue missed analyst estimates by 0.01%. Over the next year, revenue is forecast to grow 18%, compared to a 33% growth forecast for the Interactive Media and Services industry in Germany.
Reported Earnings • Nov 12Second quarter 2021 earnings released: EPS JP¥4.85The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥283.3b (up 15% from 2Q 2020). Net income: JP¥23.1b (down 3.0% from 2Q 2020). Profit margin: 8.1% (down from 9.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Nov 01Semi-annual earnings released: Revenue misses expectationsSemi-annual revenue missed analyst estimates by 0.01% at JP¥557.2b. Revenue is forecast to grow 21% over the next year, compared to a 28% growth forecast for the Interactive Media and Services industry in Germany.
Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥76.3b, up 2.0% from the prior year. Total revenue was JP¥1.13t over the last 12 months, up 16% from the prior year.
お知らせ • Oct 20DoubleVerify Announces Exclusive Partnership with Yahoo! Japan to Power Their Standard Feature of Ad Fraud and Brand Safety ProtectionDoubleVerify announced an exclusive partnership with Yahoo! Japan Corporation. As part of its media quality offering, DoubleVerify identifies and screens significant types of ad fraud, across mobile app, mobile web, and desktop inventory, and provides comprehensive brand safety controls to ensure alignment with content and context. Through this partnership with Yahoo! JAPAN, DoubleVerify will provide real-time analysis of inventory quality, to help safeguard brand advertisers from fraud and sophisticated invalid traffic, and ensure ads run in Yahoo! JAPAN’s policy-based, brand-safe environment across Yahoo! JAPAN Ads Display Ads comprehensive platform.
Is New 90 Day High Low • Oct 05New 90-day high: €5.90The company is up 35% from its price of €4.38 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.32 per share.
お知らせ • Sep 26+ 1 more updateValueCommerce Co., Ltd. (TSE:2491) completed the acquisition of Dynatech Inc. from Yahoo Japan Corporation (TSE:4689).ValueCommerce Co., Ltd. (TSE:2491) concluded a contract to acquire Dynatech Inc. from Yahoo Japan Corporation (TSE:4689) for ¥2.7 billion on September 25, 2019. As per terms, all 600 shares will be acquired. For the year ended March 2019, Dynatech Inc. reported revenues of ¥1.7 billion, total assets of ¥1.9 billion, operating income of ¥429 million, net income of ¥301 million and net assets of ¥1.4 billion. The deal is expected to close on September 27, 2019. Wadakura Gate Law Office acted as legal advisor for ValueCommerce Co., Ltd. An advisory fee of ¥8 million has been incurred on the transaction. ValueCommerce Co., Ltd. (TSE:2491) completed the acquisition of Dynatech Inc. from Yahoo Japan Corporation (TSE:4689) in September 2019.
お知らせ • Sep 25ValueCommerce Co., Ltd. (TSE:2491) concluded a contract to acquire Dynatech Inc. from Yahoo Japan Corporation (TSE:4689) for ¥2.7 billion.ValueCommerce Co., Ltd. (TSE:2491) concluded a contract to acquire Dynatech Inc. from Yahoo Japan Corporation (TSE:4689) for ¥2.7 billion on September 25, 2019. As per terms, all 600 shares will be acquired. For the year ended March 2019, Dynatech Inc. reported revenues of ¥1.7 billion, total assets of ¥1.9 billion, operating income of ¥429 million, net income of ¥301 million and net assets of ¥1.4 billion. The deal is expected to close on September 27, 2019. Wadakura Gate Law Office acted as legal advisor for ValueCommerce Co., Ltd. An advisory fee of ¥8 million has been incurred on the transaction.
お知らせ • Sep 03Z Holdings Corporation to Report Q2, 2021 Results on Oct 30, 2020Z Holdings Corporation announced that they will report Q2, 2021 results on Oct 30, 2020
