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LY Corporation ( (JP:4689) ) has provided an update.
LY Corporation has announced the absorption-type merger of its wholly owned subsidiary, Z Financial Corporation, effective August 1, 2025. This strategic move aims to optimize the group’s resources by dissolving Z Financial Corporation, which serves as an intermediate holding company for LY Corporation’s domestic financial business areas. The merger is expected to streamline operations and enhance the company’s market positioning.
The most recent analyst rating on (JP:4689) stock is a Buy with a Yen585.00 price target. To see the full list of analyst forecasts on LY Corporation stock, see the JP:4689 Stock Forecast page.
More about LY Corporation
LY Corporation operates in the internet advertising, e-commerce, and member services sectors, while also managing group companies. It is a significant player in the digital business landscape, leveraging its resources to optimize operations within its group.
Average Trading Volume: 15,022,120
Technical Sentiment Signal: Buy
Current Market Cap: Yen3706.4B
Find detailed analytics on 4689 stock on TipRanks’ Stock Analysis page.