LY Corporation

2026/08/21 Updated
Market Cap: $22.3B (¥3.6T)
Stock Price: $3.26 (¥518)
Exchange Rate: 1 USD = ¥158.98

LINE Yahoo Corporation Notice of Absorption-type Merger (Targeting LINE Healthcare Co., Ltd.)

LINE Yahoo resolved to absorb LINE Healthcare, a wholly owned subsidiary. The surviving company will be LINE Yahoo, and the dissolved company LINE Healthcare. The merger is planned to take effect on September 1, 2026, with no share or cash consideration. Tax burden relief is expected, but a material impact on consolidated results is anticipated to be minimal.

Importance:
Page Updated: July 1, 2026
IR Disclosure Date: July 1, 2026

Key Figures

  • Net sales: 2,240,000 million JPY (announced May 2026)
  • Adjusted EBITDA: 585,000 million JPY (same announcement)
  • Previous term consolidated results Net sales: 2,036,366 million JPY

AI要約

Overview of this matter

This absorption-type merger shall be implemented as a simple/abbreviated merger targeting LINE Healthcare Co., Ltd., a wholly owned subsidiary of LINE Yahoo, resulting in LINE Yahoo remaining as the surviving company and LINE Healthcare dissolving. There will be no allocation of shares, cash, or other considerations. The effective date is scheduled for September 1, 2026.

Impact on business, finances, and outlook

The merger is expected to reduce tax burdens, but the impact on LINE Group's consolidated performance is anticipated to be minimal. For reference, the consolidated results for the fiscal year ending March 2026 and the outlook for March 2027 are noted, with projected net sales around ¥2.3 trillion and EBITDA around ¥585 billion.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

LINE Yahoo Corporation

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