Record-Breaking Revenue and Adjusted EBITDA
Revenue and adjusted EBITDA both reached record highs for the second quarter, with adjusted EBITDA growing by more than 25% year-on-year.
Media and Commerce Business Growth
Media Business increased both revenue and income with a 20%+ growth in LINE digital accounts, while Commerce Business showed signs of improvement with shopping business and travel business recording double-digit growth.
Positive Adjusted EBITDA in Strategic Business
Strategic Business achieved a positive quarterly adjusted EBITDA for the first time due to selective focus on key businesses.
Successful Account Linkage Initiatives
The linkage of LINE and Yahoo! JAPAN accounts started in October, with over 19 million accounts linked, exceeding expectations.
Future Initiatives for Growth
Planned initiatives such as LYP Premium and LINE renewal are aimed at further growth and increasing cross-use among services.