LY Corporation (YAHOY) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

I would like to start the LI Corporation earnings briefing for FY2024 four-year and Q4. Thank you very much indeed for your participation. During today's briefing, we will be using the presentation material that you can find in our website. From the Y Corporation, first we have Mr. Takeshi Idezawa, CEO, Mr. Ryosuke Sakaue, CFO, and Mr. Yuki Ikehata, the CEO of Marketing Solution Company. and Mr. Makoto Hide, the CEO of Commerce Company. First, Mr. Idezawa will present the FY2024 four-year and Q4 results, and then we take questions. We plan to spend about 60 minutes for the whole briefing session. We are live streaming this session. If you have any technical difficulties, please use the link at the bottom of the screen and move to another server. So let us get started. Thank you. This is Idezawa, the CEO of AY Corporation. Thank you for taking the time out of your business schedule to attend FI24 four-year and Q4 business results briefing. I'd like to present a summary of business results. First, this shows the FY24 business results. Adjusted EBITDA grew 13.5% year-on-year to 470.8 billion yen. In FY25, we will focus on three areas. First is to transform LINE official account and LINE mini app into the business platform. Second is to transform PayPay from the payment app into the digital financial platform. We try to expand the ecosystem so that we can realize the corporate value and prepare for the IPO. Number three is agile deploy AI agent in consumer-facing services in full scale. a high single-digit increase in revenue and profit planned for FY25, including investments. And today, we announced up to 150 billion yen shares repurchased to improve the capital efficiency. Please go to the next page. So here, this is the agenda that I'd like to go through. Next page. S...