Native name | Zホールディングス株式会社 |
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Company type | Public |
TYO: 4689 | |
Industry | Internet and Telecommunications |
Founded | Tokyo, Japan |
Headquarters | , Japan |
Area served | Worldwide |
Products | LINE, Yahoo! Japan |
Services | Line App, Line Manga, Line Play, Line Taxi, Yahoo! Japan |
Owner | A Holdings Corporation (65.3%) (Softbank Group (32.65%) Naver Corporation (32.65%))[1] |
Subsidiaries | Line Corporation Yahoo Japan Corporation |
Website | www |
Z Holdings is a Tokyo-based holding company owned by A Holdings, a holding company controlled by SoftBank Group and Naver Corporation.[2] It owns Yahoo! Japan, Japan's largest portal website; Line, Japan's largest messaging app; and PayPay, Japan's largest mobile payment app.[3] After finishing its merger of Yahoo! Japan and Line in March 2021, the company had a $43 billion market capitalisation.[4]
Originally, the company was established as Yahoo Japan Corporation in January 1996, but on October 1, 2019, it changed to a holding company due to a company split and changed its corporate name. This item describes the situation after the transition to a holding company (transition on October 1, 2019).
Due to the reorganization of the group centered on Yahoo Japan Corporation (first corporation) in 2019, the information and communication business division (Yahoo! JAPAN business) was absorbed and split into Yahoo Japan Corporation (second corporation), and the financial enterprise management division Was split into Z Financial Co., Ltd. and transferred to a holding company, and is responsible for the management function of the entire group centered on subsidiaries from the time of the first corporation.
On November 18, 2019, an agreement was reached on a business integration with LINE. The parent company Shiodome Z Holdings made LINE private through a takeover bid in collaboration with LINE's parent company Naver, and after the merger of Shiodome Z Holdings and LINE, the operating company established by LINE through a business split became a subsidiary of Z Holdings. Business integration is carried out by the method of moving.
Founded in 2021, LINE Bank is a commercial bank headquartered in Taipei, Taiwan, and owned by Z Holdings.[5][6][7]
Of the Yahoo Japan Corporation (first corporation) businesses, the businesses excluding the group business management business (Yahoo! JAPAN business) were absorbed and split into Kioimachi Split Preparation Co., Ltd. (the trade name was changed to Yahoo Japan Corporation (second corporation) on the same date). Business transfer by. Among the businesses of Yahoo Japan Corporation (the first corporation), the business management business of a financial group company was transferred to Kioicho Financial Split Preparation Co., Ltd. (the trade name was changed to Z Financial Co., Ltd. on the same day) by a simple split. Yahoo Japan Corporation (the first corporation) will be engaged only in the group business management business excluding financial services, and changed its trade name to Z Holdings Co., Ltd. on the same date .