LY Corporation (JP:4689) has released an update.
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LY Corporation’s affiliate, Demae-can Co., Ltd., has resolved to buy back shares from the open market to maintain its status as a non-consolidated equity-method affiliate of LY Corporation. This move is not expected to significantly impact LY Corporation’s consolidated financial results. The company has disclosed this information voluntarily, as it does not meet the Tokyo Stock Exchange’s timely disclosure standards.
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