Operations as a New Company (“LY Communications Corporation”) Began on October 1
LINE Fukuoka Corporation (“LINE Fukuoka” below) and the Yahoo Japan Corporation’s Customer Support Division (“Yahoo Japan’s CS Division” below) are pleased to announce that they have merged to create a new organization called “LY Communications Corporation” (“LY Communications” below), which launched operations on October 1, 2023.
LINE Fukuoka was established in November 2013 as the LINE Group’s second domestic base, and has grown together with LINE and its related services into a company that has a full toolbox capable of everything from service planning to post-release operations. Yahoo Japan’s CS Division has also contributed to the growth of Yahoo Japan’s services through system planning for Yahoo! JAPAN (Japan’s largest portal site) and customer as well as operational support for media and commerce services.
The organizations have
merged and from October 1 began working together with LY Corporation¹ as LY
Communications, a single company equipped with all of the capabilities to
accomplish everything from service planning to post-release operation of LY Corporation services.
¹ On October 1, 2023, a total of five companies (including Z Holdings
Corporation and two of its core wholly-owned subsidiaries, LINE Corporation and
Yahoo Japan Corporation) were internally reorganized and merged to become a
single company, “LY Corporation.”
LY Communications will continue challenging itself to become the “No. 1 Communications Company” by taking communication with all users to the next level, as well as providing safe and stable experiences that also deliver “WOW” and “!”.
■ A message from Representative Director, President, and CEO Yusuke Suzuki
LINE Fukuoka and Yahoo Japan’s CS Division are embarking on a new journey as LY Communications. Our respective companies have grown thanks to the support of those around us and our users. Moving forward, LY Communications will continue to build on those relationships, and based on our desire to “contribute to the city by cultivating services together with our users and local residents,” we will be fully committed to developing company business as well as the region.
As a company that can oversee everything from planning to operations for services developed by the LY Corporation Group, we will provide unprecedented experiences to our users and contribute to the solution of social issues. At the same time, we hope to transcend company boundaries and collaborate not only with other group companies but also with everyone in the region, creating rewarding work and cultivating talent that is the pride of both Japan and Asia.
■ Company Logo
■ Company Overview
Company name: LY Communications Corporation
Location: JRJP Hakata Bldg. 12F, 8-1 Hakataekichuogai, Hakata-ku, Fukuoka-shi, Fukuoka
Representative: Yusuke Suzuki, Representative Director, President, and CEO
Capital: JPY 490 million (As of October 2023)
Established: November 18, 2013
Employees: 1,871(as of October 2023, including temporarily assigned employees from LY Corporation)
Related offices: LY Corporation Hachinohe Center, Kioicho Office, Kochi Center, Kitakyushu Center, Oita Center, Naha Center, etc.
Business activities: Operations, customer care, creation, and business planning activities for LY Corporation -developed services.
Web URL: https://lycomm.co.jp/
■ Reference
・Decisions on Intra-Group Reorganization (Change of Second-Tier Subsidiaries Through Dividend Distributions in Kind by First-Tier Subsidiaries and Absorption-Type Mergers and Absorption-Type Company Splits with Wholly Owned Subsidiaries) and Change of Trade Name of a Subsidiary (July 12, 2023 Z Holdings Corporation Investor Relations News)
https://www.z-holdings.co.jp/en/ir/news/auto_20230712521007/pdfFile.pdf
• LINE Fukuoka Announces Change in Trade Name (July 27, 2023 Press Release)
https://linefukuoka.co.jp/en/pr/news/2023/072716
• LY Corporation Takes Its First Step (October 2, 2023 LY Corporation Press Release)
https://www.lycorp.co.jp/en/news/release/000847/