LY Corporation
4689・Prime Market・Information & Communication
Governance
As a company with an audit and supervisory committee, 4 of the company's 6 directors are independent outside directors, and it has established a voluntary nomination and compensation committee as well as a governance committee. The governance committee is responsible for reviewing the fairness of related-party transactions with the parent company, establishing a framework to protect minority shareholders.
Risk Management
A group-wide risk collection and evaluation framework has been established through the Risk Management Committee and ERM structure, while the Sustainability Committee identifies and monitors ESG-related risks and reports to the Board of Directors approximately three times per year. Security enhancement is positioned as the top priority issue, and system separation from NAVER Corporation was completed as of the end of March 2026.
Shareholder Returns
The year-end dividend for FY2026 (ending March 2026) is ¥7.30 per share (total dividend amount ¥50,215 million, payout ratio 26.1%). For FY2027 (ending March 2027), a significant dividend increase to ¥11.00 per share is planned. The dividend policy has been changed from "continuation of stable dividends" to "dividends aligned with profit growth." The company aims for a cumulative total shareholder return ratio of 70% or more for FY2026-FY2028, and will continue share buybacks (¥148,595 million in the current period) as well.
Dividend Policy
Changed from the previous policy of basically continuing stable dividends to a policy of paying dividends in line with profit growth. Under the shareholder return policy aiming for a cumulative total shareholder return ratio of 70% or more over the five years from FY2025, the capital allocation policy for FY2026-FY2028 plans to allocate approximately 40% of operating cash flow, etc., to shareholder returns (dividends and additional returns). The company will basically pay a year-end dividend (in principle once a year) and determine the dividend amount by comprehensively taking into account business performance and other factors.
ESG
In climate change response, the company achieved effectively 100% renewable energy usage in FY2025, completing the goal set forth in the "2025 Carbon Neutrality Declaration." In terms of human capital, it has mandated generative AI utilization for all employees and set a target of 19% for the ratio of female managers (2030 target: parity with the male-to-female employee ratio), promoting systematic ESG management based on six sustainability risk and opportunity categories including security, privacy, DE&I, and disaster response.
Last updated: June 18, 2026