LY Corporation

Tokyo Stock Exchange 4689.T

LY Corporation Debt to Equity Ratio for the year ending March 31, 2024: 0.62

LY Corporation Debt to Equity Ratio is 0.62 for the year ending March 31, 2024, a -5.43% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

LY Corporation Debt to Equity Ratio for the year ending March 31, 2023 was 0.66, a 5.59% change year over year.
LY Corporation Debt to Equity Ratio for the year ending March 31, 2022 was 0.62, a 19.84% change year over year.
LY Corporation Debt to Equity Ratio for the year ending March 31, 2021 was 0.52, a -63.21% change year over year.
LY Corporation Debt to Equity Ratio for the year ending March 31, 2020 was 1.41, a 435.41% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Tokyo Stock Exchange: 4689.T

LY Corporation

CEO	Mr. Takeshi Idezawa
IPO Date	Oct. 28, 2003
Location	Japan
Headquarters	Kioi Tower
Employees	28,196
Sector	Communication Services
Industries Advertising & Marketing Internet Services & Media

Description

LY Corp. engages in the management of group companies and related operations. It operates through the following segments: Media and Commerce. The Media segment covers the advertisement related services that include search linked advertisement and display advertisement. The Commerce segment handles the commerce related services in Yahoo Auction!, Yahoo! Shopping, ASKUL Corp., and Yahoo! Premium. It also provides the settlement finance related services. The company was founded on January 31, 1996 and is headquartered in Tokyo, Japan.

Key trends

Past 5 years