공시 • Apr 18
NAVER Corporation to Report Q1, 2025 Results on May 09, 2025 NAVER Corporation announced that they will report Q1, 2025 results on May 09, 2025 공시 • Feb 07
NAVER Corporation, Annual General Meeting, Mar 26, 2025 NAVER Corporation, Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: connect hall, 6, buljeong-ro, bundang-gu, gyeonggi-do, seongnam South Korea 공시 • Jan 20
NAVER Corporation to Report Fiscal Year 2024 Final Results on Feb 07, 2025 NAVER Corporation announced that they will report fiscal year 2024 final results on Feb 07, 2025 공시 • Oct 25
NAVER Corporation to Report Q3, 2024 Results on Nov 08, 2024 NAVER Corporation announced that they will report Q3, 2024 results on Nov 08, 2024 공시 • May 16
Naver Will Not Sell Stake in Operator of Messaging App Line, for Now NAVER 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'. 공시 • Apr 30
South Korea to Consult Naver, After Report Firm Faces Japan Pressure to Divest Stake South 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. 공시 • Apr 20
NAVER Corporation to Report Q1, 2024 Results on May 03, 2024 NAVER Corporation announced that they will report Q1, 2024 results on May 03, 2024 공시 • Feb 28
NAVER Corporation, Annual General Meeting, Mar 26, 2024 NAVER Corporation, Annual General Meeting, Mar 26, 2024, at 10:00 Korea Standard Time. Location: SKY HALL, 28F, NAVER 1784, 95, Jeongjail-ro, Bundang-gu Seongnam- Si Gyeonggi-do South Korea Agenda: To consider the Approval of financial statements for the 25th term; to consider the Partial amendments to the Articles of Incorporation; to consider the Revision of resolution requirement for the Audit Committee Member Appointments in accordance with the revised Korean Commercial Act; to consider the Establishing new provisions regarding bond issuance; to consider the Appointment of Outside Director who is to be Audit Committee Member; and to discuss other matters. 공시 • Nov 02
NAVER Corporation to Report Q3, 2023 Results on Nov 03, 2023 NAVER Corporation announced that they will report Q3, 2023 results on Nov 03, 2023