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LY Corporation ( (JP:4689) ) has shared an update.
LY Corporation has submitted a report to Japan’s Ministry of Internal Affairs and Communications regarding the administrative guidance it received for its LINE app (Albums). The company is implementing recurrence prevention and containment measures, such as reinforcing tests and inspecting source codes, to address the issues raised. Additionally, LY Corporation has established systems for early error detection and defect impact minimization, aiming to rebuild trust and ensure user confidence in its services.
The most recent analyst rating on (JP:4689) stock is a Buy with a Yen585.00 price target. To see the full list of analyst forecasts on LY Corporation stock, see the JP:4689 Stock Forecast page.
More about LY Corporation
LY Corporation operates in the technology industry, primarily focusing on communication services through its popular LINE app. The company is known for providing messaging, voice, and video call services, with a significant market presence in Japan and other Asian countries.
Average Trading Volume: 15,327,910
Technical Sentiment Signal: Buy
Current Market Cap: Yen3615.1B
Find detailed analytics on 4689 stock on TipRanks’ Stock Analysis page.