Ly Corporation Unsponsored Adr ( (YAHOY) ) has released its Q1 earnings. Here is a breakdown of the information Ly Corporation Unsponsored Adr presented to its investors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
LY Corporation Unsponsored ADR, a prominent player in the technology and e-commerce sectors, has released its first-quarter earnings report for the fiscal year ending March 31, 2026, showcasing its diverse business operations and strategic growth initiatives.
The company reported a revenue increase of 5.7% year-on-year, reaching 489.6 billion yen, marking the highest cumulative consolidated first-quarter revenue to date. This growth was driven by the Strategic Business segment, including PayPay consolidated, and the Commerce Business, with notable performances from subsidiaries like ASKUL and ZOZO. Despite the revenue growth, operating income decreased by 11% due to the absence of gains from the loss of control of subsidiaries recorded in the previous year.
Key financial metrics include an adjusted EBITDA of 125.8 billion yen, up 3.4% year-on-year, and a net income attributable to owners of the parent at 48.7 billion yen, down 5.5%. The Strategic Business segment saw a remarkable revenue increase of 22.1% year-on-year, with PayPay’s consolidated GMV rising by 24%. However, the Media Business faced challenges, with adjusted EBITDA declining by 7.4% due to increased personnel and AI-related expenses.
Looking ahead, LY Corporation aims to continue its revenue and income growth by reinforcing products in key growth domains through disciplined investments. The company projects a revenue of 2,100 billion yen for the fiscal year ending March 31, 2026, reflecting a 9.5% year-on-year increase, with adjusted EBITDA expected to rise by 6.2% to 8.3%.
Overall, LY Corporation’s strategic focus on expanding its e-commerce and fintech operations, alongside its robust performance in the Strategic Business segment, positions it well for sustained growth in the coming quarters.