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LY Corporation ( (JP:4689) ) has issued an update.
LY Corporation announced the transfer of its customer service functions to its wholly owned subsidiary, LY Communications Corporation, through a company split effective April 1, 2025. This strategic move aims to unify and improve the efficiency of customer service operations, thereby enhancing corporate value without affecting the company’s share capital or requiring a general meeting of shareholders.
More about LY Corporation
LY Corporation operates in the communications industry and focuses on enhancing customer service functions through innovative organizational strategies. It primarily provides services related to customer support and aims to improve user experiences by strengthening its operations.
YTD Price Performance: 6.77%
Average Trading Volume: 11,908,079
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen3092B
Learn more about 4689 stock on TipRanks’ Stock Analysis page.