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Brief
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LY Corporation

LY Corporation offers advertisers unmatched reach across Japan's digital landscape through integrated search, social, messaging, and e-commerce advertising powered by deep first-party data from over 100 million users.

Tokyo, Tokyo, JapanFounded 2023Parent: A Holdings Corporation (SoftBank / Naver JV)

Last updated May 11, 2026 by ATDb automated enrichment · Connections updated Jun 1, 2026

Industry
Digital Advertising & Internet Platform
Business Model
Platform / Digital Advertising
Target Market
Enterprise, Mid-Market, SMB
Employee Count
10001+
Revenue Range
¥1.7 trillion+ annually (~$11B+ USD)
Stock Symbol
4689.T
Parent Company
A Holdings Corporation (SoftBank / Naver JV)
API Available
Yes
Market Position

Dominant Japanese internet platform operator controlling the country's leading search engine (Yahoo Japan), messaging app (LINE), and integrated digital ad network

Overview

LY Corporation is a Japanese internet conglomerate formed on October 1, 2023, through the merger of Z Holdings, LINE Corporation, Z Entertainment, and Z Data. The company serves as the parent entity for Yahoo Japan, LINE (Japan's dominant messaging platform with over 95 million monthly active users), and numerous other digital properties spanning e-commerce, fintech, news, search, and entertainment. It is one of the largest internet companies in Asia by user reach within Japan. In the AdTech ecosystem, LY Corporation holds a uniquely powerful position in Japan, operating one of the country's most comprehensive digital advertising platforms. Yahoo Japan's display and search advertising, combined with LINE's messaging-native ad formats (LINE Ads, LINE Official Accounts, sponsored content), give the company unparalleled first-party data access across search intent, social behavior, e-commerce, and messaging. This integrated data stack enables highly targeted advertising solutions for both large enterprises and SMBs across Japan. LY Corporation is approximately 64% owned by A Holdings Corporation, a 50/50 joint venture between SoftBank and South Korea's Naver Corporation. The company is publicly traded on the Tokyo Stock Exchange. Its scale, first-party data depth, and dominance across multiple high-engagement platforms make it a critical partner for any brand seeking reach in the Japanese digital market, effectively functioning as Japan's answer to a combined Google-Meta advertising ecosystem.

Products & Features

Yahoo! Japan Advertising (Search)

Japan's leading search advertising platform, serving sponsored listings across Yahoo Japan search queries

Yahoo! Japan Display Ads

Programmatic and reserved display advertising across Yahoo Japan's network of owned and operated properties

LINE Ads Platform

Native advertising within LINE's messaging and timeline surfaces, reaching 95M+ monthly active users in Japan

LINE Official Accounts

Brand-managed messaging channels enabling direct CRM, push messaging, and commerce with opted-in LINE users

Yahoo! Japan DSP

Demand-side platform enabling programmatic buying across LY Corporation's owned inventory and extended network

LINE Points / Loyalty Ecosystem

Loyalty and incentive platform integrated across LINE services, enabling engagement-based advertising and promotions

Yahoo! Shopping & Advertising

Retail media advertising integrated within Yahoo Japan's e-commerce marketplace

Data Solutions (Z Data)

First-party data products and audience targeting solutions derived from cross-platform user behavior

LINE Business Connect

API-based integration platform allowing enterprises to build custom CRM and messaging automation on LINE

Yahoo! Japan News Ads

Sponsored content and native advertising placements within Yahoo Japan's news portal, one of Japan's most visited sites

Key Features
Unified first-party data across search, messaging, e-commerce, and newsJapan's largest digital advertising reach (100M+ users)LINE messaging-native ad formats with high engagement ratesIntegrated search and display advertising via Yahoo JapanRetail media capabilities through Yahoo ShoppingCross-platform audience targeting and retargetingLINE Official Account CRM and direct messaging to consumersProgrammatic buying via proprietary DSPRich behavioral data from fintech (PayPay), travel, and lifestyle appsAPI access for enterprise marketing automation
Use Cases
Brand awareness campaigns across Japan's largest digital propertiesPerformance marketing via Yahoo Japan search adsCRM and customer retention via LINE Official AccountsRetargeting using cross-platform first-party audience dataE-commerce product advertising on Yahoo ShoppingApp install campaigns via LINE AdsLocal business advertising targeting geographic audiencesLoyalty and incentive-driven promotions via LINE PointsB2C direct messaging and push notification campaignsProgrammatic display advertising across the Yahoo Japan network
Customer Segments
Large Japanese enterprises and brandsGlobal brands entering the Japanese marketE-commerce retailersFinancial services companiesAutomotive brandsTravel and hospitality companiesSMBs using LINE Official AccountsMobile app developers and publishersRetail and FMCG advertisers
Corporate history
  • 2023Founded
Connections
View LY Corporation’s full portfolio (2)

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