LY Corporation
Progress Disclosure of Share Acquisition of Consolidated Subsidiary | May 2026
LINE is proceeding with an additional share acquisition of its consolidated subsidiary LINE MAN CORPORATION PTE. LTD. in Thailand, which has been determined to require no approval from Thai authorities, with completion scheduled for August 2026. The number of shares owned is expected to reach 81,046,672 shares, with a voting rights ownership ratio of 60.9%.
Key Figures
- Number of shares owned: 81,046,672 shares
- Voting rights ownership ratio: 60.9%
- Scheduled time for share acquisition completion: August 2026
AI要約
Overview of the Performance
This document reports on the progress and future outlook regarding LINE's additional share acquisition of its subsidiary in Thailand. It indicates that they have received a notice that no approval is required from Thai authorities, and the acquisition is scheduled to be completed by August 2026. The number of shares owned and the voting rights ratio are expected to be 81,046,672 shares and 60.9%, respectively, aimed at strengthening control over the consolidated subsidiary.
Future Outlook and Impact
This additional acquisition is expected to strengthen LINE's business control structure in Thailand. The completion is scheduled for August 2026, and the impact on the current consolidated results is anticipated to be minimal. Procedures for obtaining approval from Thai authorities have already been completed, and further developments will be monitored.
LINE Corporation
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