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LY Corporation ( (JP:4689) ) has issued an announcement.
LY Corporation announced that Chairperson and Representative Director Kentaro Kawabe will retire from his director position when his term ends at the conclusion of the company’s 31st Ordinary General Meeting of Shareholders scheduled for June 2026, following his own request to step down, which the board has accepted. The company said its Nominating and Remuneration Committee and Board of Directors will now deliberate the future board structure, with details to be disclosed later, signaling a forthcoming leadership transition that could influence corporate governance and strategic direction but with succession plans still to be finalized.
The most recent analyst rating on (JP:4689) stock is a Hold with a Yen439.00 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 is a Japanese-listed company (stock code 4689), operating in the technology and internet services sector, best known as the parent of major digital platforms serving consumers and businesses in Japan and across Asia. The group’s businesses span online communication, digital content, advertising, fintech and related services, positioning it as a key player in Japan’s internet economy and a strategically important platform operator for advertisers, merchants and users.
Average Trading Volume: 17,733,191
Technical Sentiment Signal: Hold
Current Market Cap: Yen2885.5B
For a thorough assessment of 4689 stock, go to TipRanks’ Stock Analysis page.