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Kawabe said, "It worked for the transitional period, but in order to promote further integration, we will unify and accelerate decision-making." On April 28, it was announced that the new company would be named Line Yahoo (LY Corporation in
English). The CEO of the new company will be Takeshi Idezawa, the CEO of ZHD, who said, "The business environment is still challenging, but we will fundamentally streamline our business through the merger."
27:
389:
520,000 records of personal data of LINE users were leaked in
October of 2023. Japan's Ministry of Internal Affairs and Communications issued administrative guidance to LY Corporation twice on April 16, 2024. LY Corporation is required to submit another report by the Ministry of Internal Affairs and
350:
merged their businesses. The companies aimed to reduce costs by unifying overlapping services such as QR code payment, and increase traffic between the approximately 200 services they offer, focusing on the three businesses of search, messaging apps, and advertising. They also announced plans to link
373:
In July 2023, ZHD announced that it would merge the domestic financial businesses of Line
Corporation and ZHD. The two businesses, Line Securities and Line Credit, which handles personal loans, were consolidated into Z Financial, a financial intermediate holding company in the group that owns PayPay
369:
In
February 2023, ZHD announced plans to merge the three companies, ZHD, Yahoo! Japan, and Line Corporation, under its umbrella by the end of fiscal 2023. Even after the business integration, ZHD and Line Corporation continued to exist as separate companies and services, but ZHD President Kentaro
358:
In the fourth quarter of fiscal 2022, ZHD's consolidated results showed that its main advertising business saw revenue decline by 1.2% from the previous year. Domestic e-commerce, which ZHD had been aiming to become the domestic leader in terms of sales, also saw growth slow to 0.9%. As a result,
377:
In March 2023, Yahoo!, Line, and PayPay launched a joint mileage service called LYP Mileage. When you purchase items at participating stores and earn miles, you will receive PayPay points at a certain redemption rate. Yahoo! President
Takashi Ozawa said, "This is a long-cherished plan that has
354:
However, it was revealed shortly after the merger that Line's personal information was accessible from China without adequate explanation to users. The actual work of ID linking was delayed as the group reviewed its data management system, and the outlook became uncertain.
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861:
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ZHD's results were sluggish, and ZHD President
Kentaro Kawabe said, "ZHD's services are losing their competitive edge against rivals, and we have a strong sense of crisis."
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836:
826:
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On
October 1, 2023, ZHD, its subsidiaries Line Corporation, Yahoo! Japan, Z Entertainment, and Z Data merged to form LY Corporation.
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458:"Stock information | Share-Related Information | Investor Relations | LY Corporation"
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In August 2022, ZHD announced plans to link the user IDs of Line, Yahoo! Japan, and
746:
433:
409:
343:
71:
457:
434:"LY Corporation Begins Linkage of LINE and Yahoo! JAPAN Accounts｜LY Corporation"
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339:
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310:, is a Japanese internet company owned by A Holdings, a joint venture between
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the two companies' IDs within the group by the end of fiscal 2022.
500:"Yahoo Japan operator, Line merge to take on foreign tech giants"
786:
679:"Line operator says some 440,000 items of personal data leaked"
242:
765:"Japanese government rejects Yahoo! infosec improvement plan"
798:
705:"Japan orders LINE and NAVER to disentangle their tech"
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586:"Japan's Z Holdings, Yahoo and Line announce merger"
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747:"Line Operator Gets Administrative Guidance Again"
729:"Line Operator Gets Administrative Guidance Again"
318:of South Korea, founded in 2023 by the merger of
366:in 2023 or later to strengthen mutual traffic.
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862:Telecommunications companies based in Tokyo
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209:
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857:Technology companies established in 2023
837:Mass media companies established in 2023
827:Internet properties established in 2023
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832:Japanese companies established in 2023
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546:
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526:
524:
390:Communications before July 1, 2024.
553:"ヤフー・LINE・PayPay「共通マイル」開始、ID連携課題".
481:"ヤフーとＬＩＮＥ、経営統合 巨大ＩＴに対抗、アジア展開加速へ".
322:, and four subsidiaries including
207:1,672,377,000,000 yen (2023)
14:
650:"「LINEヤフー」がスタート 「ライフプラットフォーム」を創る"
25:
660:from the original on 2023-10-01
596:from the original on 2023-02-02
510:from the original on 2023-10-17
703:Sharwood, Simon (2024-03-06).
631:"ZHDとLINE、国内金融事業を統合 重複分野を再編".
574:. February 3, 2023. p. 7.
533:"ＬＩＮＥとヤフー・ＰａｙＰａｙ、来年以降にＩＤ連携へ".
1:
817:2023 mergers and acquisitions
637:. July 12, 2023. p. 13.
620:. April 29, 2023. p. 7.
555:Nikkei Breaking News Archive
539:. August 4, 2022. p. 9.
374:Bank and PayPay Securities.
487:. March 1, 2021. p. 8.
378:finally come to fruition."
278:
888:
852:Symbols introduced in 2023
78:Rain Yahū Kabushiki-gaisha
614:"ヤフー・ＬＩＮＥ：新会社「ＬＩＮＥヤフー」".
272:
190:Kentarō Kawabe (chairman)
62:
36:
24:
16:Japanese internet company
648:株式会社インプレス (2023-10-01).
148:; 11 months ago
296:Line Yahoo Corporation
193:Takeshi Idezawa (CEO)
867:Yahoo! international
568:"ＺＨＤ・ヤフー・ＬＩＮＥ、合併へ".
146:October 1, 2023
31:Logo used since 2023
222:A Holdings (63.6%)
21:
196:Shin Jungho (GCPO)
842:Naver Corporation
822:Internet in Japan
571:The Asahi Shimbun
557:. March 11, 2023.
536:The Asahi Shimbun
484:The Asahi Shimbun
316:Naver Corporation
264:
263:
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226:Naver Corporation
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789:
787:Official website
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348:Line Corporation
324:Line Corporation
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43:Headquarters in
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338:In March 2021,
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132:Z Entertainment
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847:SoftBank Group
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779:External links
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438:LY Corporation
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400:SoftBank Group
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312:SoftBank Group
267:LY Corporation
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230:Softbank Group
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654:Impress Watch
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498:NEWS, KYODO.
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799:Yahoo! Japan
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712:. Retrieved
709:The Register
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687:. Retrieved
685:. 2023-11-27
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662:. Retrieved
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598:. Retrieved
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512:. Retrieved
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441:. Retrieved
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410:Yahoo! Japan
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344:Yahoo! Japan
337:
328:Yahoo! Japan
307:
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161:Headquarters
128:Yahoo! Japan
83:Company type
590:Nikkei Asia
504:Kyodo News+
273:LINEヤフー株式会社
111:Predecessor
63:LINEヤフー株式会社
57:Native name
872:Z Holdings
811:Categories
769:2024-04-17
751:2024-04-16
733:2024-04-17
714:2024-03-06
689:2024-03-06
664:2023-10-01
634:The Nikkei
600:2023-10-01
514:2023-10-01
467:2023-12-27
443:2023-10-03
421:References
340:Z Holdings
320:Z Holdings
305:trading as
279:Rain Yafū
183:Key people
153:2023-10-01
118:Z Holdings
95:Traded as
72:Romanized
658:Archived
594:Archived
508:Archived
394:See also
385:Security
334:History
290:
245:.lycorp
238:Website
204:Revenue
166:Kioichō
151: (
143:Founded
45:Kioichō
415:PayPay
364:PayPay
346:, and
135:Z Data
87:Public
219:Owner
176:Japan
164:1–3,
794:LINE
405:LINE
326:and
287:lit.
228:and
105:4689
74:name
308:LYC
251:/en
249:.jp
247:.co
243:www
101:TYO
813::
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