LY Corp

4689: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	VP#	LOCK\|>%c#	LOCK\|&KKzg&

Line Yahoo Earnings: Growth in PayPay and Account Ads Keeps Profit on Track Amid Search Ads Slump

Pujance Chan

Aug 5, 2025

LY's June quarter revenue and adjusted EBITDA grew by 5.7% and 3.4% from last year. Search ads fell 7.7% but robust growth in account ads and PayPay more than offset the decline. LY maintains 2025 guidance of JPY 2,100 billion and JPY 500 billion-JPY 510 billion for revenue and adjusted EBITDA.

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We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

United States

LY Corp

Line Yahoo Earnings: Growth in PayPay and Account Ads Keeps Profit on Track Amid Search Ads Slump

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