tiprankstipranks
Trending News
More News >

ZOZO, Inc. Outlines Relationship with Controlling Shareholder LY Corporation

Story Highlights
ZOZO, Inc. Outlines Relationship with Controlling Shareholder LY Corporation

Confident Investing Starts Here:

An update from ZOZO ( (JP:3092) ) is now available.

ZOZO, Inc. announced its relationship with its controlling shareholder, LY Corporation, which holds a 51.5% indirect ownership. The company maintains operational independence despite this influence, with LY Corporation providing strategic advice through appointed directors. This relationship includes collaborations like ZOZOTOWN’s presence on Yahoo! JAPAN Shopping and the use of PayPay services, indicating a strong integration within the parent company’s ecosystem.

The most recent analyst rating on (JP:3092) stock is a Hold with a Yen4600.00 price target. To see the full list of analyst forecasts on ZOZO stock, see the JP:3092 Stock Forecast page.

More about ZOZO

ZOZO, Inc. operates in the internet service industry, focusing on e-commerce platforms. Its primary services include ZOZOTOWN, an online fashion retail platform, and ZOZOUSED, a second-hand clothing marketplace. The company is part of a larger corporate group led by LY Corporation, which significantly influences its operations.

Average Trading Volume: 3,100,530

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1362.1B

For detailed information about 3092 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1