Line Corp (3938.T)

3938.T on Tokyo Stock Exchange

20 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Line to transfer business to new unit
Friday, 25 May 2018 

May 25(Reuters) - Line Corp <3938.T>:Says it plans to transfer Line manga and Line comics business to a new wholly owned unit LINE Digital Frontier, which will be established on July 2.Effective July 2.  Full Article

Nomura Holdings and LINE sign MOU to consider financial business alliance
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Nomura Holdings Inc <8604.T>:Says it and LINE Corp <<<3938.T>>> have signed a memorandum of understanding to explore a business alliance primarily aimed at providing securities services .Says it and LINE Corp will jointly set up a JV, LINE Securities Corporation, which will be engaged in brokerage and securities investment consultation services to help clients build assets, in May .Says it and LINE Corp will hold 49 percent stake and 51 percent stake in the JV respectively .  Full Article

Line to acquire video content distribution platform firm FIVE
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Line Corp <3938.T>:Says it will acquire 100 percent stake in FIVE Inc., which is engaged in development and operation of video content distribution platform for smart phone, with undisclosed price, in Mid-December .  Full Article

Line to raise stake in Snow Corporation to 25 pct for 50 bln won
Monday, 17 Oct 2016 

Line Corp <3938.T> :Says co plans to invest 50 billion won in a South Korea-based firm Snow Corporation, and will hold a 25 percent stake in it up from 0 percent, in mid-Nov..  Full Article

Line to buy 20 pct stake in Yume No Machi Souzou Iinkai for 4 bln yen
Thursday, 13 Oct 2016 

Line Corp <3938.T>: Says it to acquire 2,220,000 ordinary shares (20 percent stake) of Yume No Machi Souzou Iinkai Co Ltd <2484.T> in the middle of October .Says transaction price of about 4 bln yen.  Full Article

Line Corp to raise 25 pct stake in Snow Corp via private placement
Thursday, 29 Sep 2016 

Line Corp <3938.T>: Says the co to buy about 110,000 new shares of Snow Corp in its private placement, to raise stake in it to 25 percent from 0 percent . Says Snow Corp is a wholly owned unit of Naver Corp <035420.KS>, which is engaged in development and operation of APP, based in South Korea .Says payment date in mid October.  Full Article

Line Corp's CFO says co is aiming for net profit in 2016 - Nikkei
Tuesday, 16 Aug 2016 

Nikkei:Line Corp CFO says co is aiming for a net profit in 2016 - Nikkei.  Full Article

Line says to raise 16.55 bln yen via private placement
Friday, 29 Jul 2016 

Line Corp <3938.T>: Says it to issue 5,250,000 shares at the price of 3,151.5 yen per share (16.55 billion yen in total) through private placement to Nomura Securities Co., Ltd and Morgan Stanley & Co. LLC .Says subscription date Aug. 15 and payment date Aug. 16.  Full Article

LINE lists on TSE first section on July 15
Friday, 15 Jul 2016 

LINE Corp <3938.T>:Says it began listing on TSE first section on July 15.  Full Article

Line shares untraded in Tokyo amid heavy buy orders
Friday, 15 Jul 2016 

: Line shares untraded in Tokyo amid heavy buy orders, indicated at 3,630 yen versus IPO price of 3,300 yen Further coverage: Japanese chat app operator Line Corp soars in New York debut [nL4N19Z4K2] (Reporting By Chris Gallagher) ((chris.gallagher@thomsonreuters.com;)).  Full Article

Japan's Nomura, Line seal plan for net-based securities brokerage

TOKYO Nomura Holdings Inc has agreed to set up an internet-focused securities brokerage with messaging app operator Line Corp , part of a push to leverage the app's wide user base to recruit a younger generation of clients.