[5] It is expected to become a holding company managing overseas subsidiaries' stocks and other assets through business reorganization.

[11] In March 2021 Line Corporation merged with Yahoo Japan, which has been operated by Z Holdings, a SoftBank Group subsidiary.

[12] The merger also gives Z Holdings three additional Asian markets where Line is popular: Taiwan, Thailand, and Indonesia.

[15][16][17] In February 2023, Z Holdings announced its intention to merge its subsidiaries, Line and Yahoo Japan.

[18] In April, it was announced that the merger would be implemented on October 1, along with a simultaneous name change to LY Corporation.