LY Corp reports higher full-year revenue as PayPay drives growth
LY Corporation, which operates messaging platform Line and Yahoo! Japan, reported revenue of JPY 2,036.3 billion for the financial year ended 31 March 2026, up 6.2 percent year-on-year, while operating income rose 8.3 percent to JPY 341.3 billion. Adjusted EBITDA increased 5.5 percent to JPY 496.6 billion, marking a sixth consecutive year of record performance. The increase in revenue was driven primarily by the Strategic Business, where revenue rose 30.6 percent to JPY 445.7 billion and adjusted EBITDA inc