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LY Corporation ( (JP:4689) ) just unveiled an update.
LY Corporation has announced an absorption-type split to take over the Japanese Public Key Infrastructure (JPKI) service from its wholly owned subsidiary, LINE Pay Corporation. This strategic move, effective April 1, 2025, aims to ensure a smooth transition and stable provision of the JPKI service, indicating LY Corporation’s commitment to enhancing its service offerings without altering its financial structure.
More about LY Corporation
LY Corporation operates in the internet advertising, e-commerce, and member services sectors, managing group companies and various operations. It is a major player in digital services with a focus on leveraging technology to enhance service delivery.
YTD Price Performance: 6.77%
Average Trading Volume: 11,908,079
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen3092B
For detailed information about 4689 stock, go to TipRanks’ Stock Analysis page.
