LY Corporation4689東証プライム情報・通信業FY ending Mar 2026, consolidated, IFRS

LY Corporation FY ending Mar 2026 results

About 42% of LY Corporation's sales come from Commerce, with Media business and Strategy making up much of the rest.

Out of every ¥100 of sales, about ¥17 is left as operating profit.

Revenue changed +6.2% from the prior year, operating profit +8.3%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +6.2% · profit +8.3%, calculated from disclosed figures.

Operating leverage: 1.35× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+6.2%¥1.92T → ¥2.04T
Gross profit
+8.5%¥1.39T → ¥1.51T
Operating income
+8.3%¥315B → ¥341.3B
Net income attributable to owners
+26.2%¥153.5B → ¥193.7B
Operating cash flow
+27.6%¥519.6B → ¥662.9B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥2.04T, up +6.2% from ¥1.92T.
  • Operating income grew a little faster, rising +8.3% to ¥341.3B.
  • Net income attributable to owners rose much more, up +26.2% to ¥193.7B, and operating cash flow climbed +27.6% to ¥662.9B.

What drove the change

  • In the strategy business, the PayPay group (PayPay, PayPay Card, PayPay Bank and others) kept growing and led the revenue gain
  • In commerce, bringing BEENOS and LINE MAN in as consolidated subsidiaries added to sales
  • The rise in operating income came mainly from a remeasurement gain booked when LINE MAN became a subsidiary

Things to watch

  • Cyberattacks and data leaks can hurt results and trust, as the ransomware attack that disrupted subsidiary ASKUL showed
  • Generative AI is changing how people search and shop; if AI-based ads and paid AI features don't pay off as planned, or AI costs keep rising, margins could shrink
  • Rules on personal data and online platforms are getting stricter in Japan and abroad, which could add compliance work or limit some services

Amended annual securities report (MD&A) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Amended annual securities report (business risks) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 LY Corporation sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥26
SG&A
¥60
Other costs
¥3
Operating profit
¥17
Net profit kept
¥10

Annual margin trends

Gross margin74.0%
FY ending Mar 2021: 64.1%64.1%FY ending Mar 2022: 68.3%68.3%FY ending Mar 2023: 69.4%69.4%FY ending Mar 2024: 71.3%71.3%FY ending Mar 2025: 72.4%72.4%FY ending Mar 2026: 74.0%74.0%FY21FY22FY23FY24FY25FY26
Operating margin16.8%
FY ending Mar 2021: 13.4%13.4%FY ending Mar 2022: 12.1%12.1%FY ending Mar 2023: 18.8%18.8%FY ending Mar 2024: 11.5%11.5%FY ending Mar 2025: 16.4%16.4%FY ending Mar 2026: 16.8%16.8%FY21FY22FY23FY24FY25FY26
Net margin9.5%
FY ending Mar 2021: 5.8%5.8%FY ending Mar 2022: 4.9%4.9%FY ending Mar 2023: 10.7%10.7%FY ending Mar 2024: 6.2%6.2%FY ending Mar 2025: 8.0%8.0%FY ending Mar 2026: 9.5%9.5%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    訂正有価証券報告書-第31期(2025/04/01-2026/03/31)

    ID S100YTT62026-08-03Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第30期(2024/04/01-2025/03/31)

    ID S100X0SC2025-11-10Open
  • EDINET (FSA Japan)

    有価証券報告書-第29期(2023/04/01-2024/03/31)

    ID S100TM4A2024-06-17Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第28期(2022/04/01-2023/03/31)

    ID S100T8XQ2024-04-10Open
  • EDINET (FSA Japan)

    有価証券報告書-第27期(令和3年4月1日-令和4年3月31日)

    ID S100O94C2022-06-16Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第26期(令和2年4月1日-令和3年3月31日)

    ID S100LZZB2021-07-15Open

Extracted from XBRL: 40 / Derived from other figures: 1

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