THE OFFICE INDEX

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LY Corporation Headquarters & offices · Tokyo, Japan

Glass office tower above cherry blossoms
Kioi Tower, Tokyo Garden Terrace Kioicho · Photo courtesy of Nikken Sekkei
Office floor with long tables, chairs and booths by windows
Kioicho office floor · Photo: LY Corporation
Long wooden counter under a curved white ceiling by windows
Dining area, Kioicho · Photo: LY Corporation
Shallow fountain pool with planted islands among trees
Plaza of Water · Wpcpey / CC BY-SA 4.0 · Wikimedia Commons
Base of a glass tower with a colourful flower sculpture and taxis in front
Entrance of Tokyo Garden Terrace Kioicho · Edomura no Tokuzo / CC BY-SA 4.0 · Wikimedia Commons

See more of the office →

LY Corporation · Tokyo, Japan

The home of LINE and Yahoo! JAPAN works from 20 floors of a 178-metre tower built on the site of a former Akasaka hotel.

The Kioicho headquarters, the perks and six head-office moves since 1999 — then the pay. Every number from LY Corporation's own website, press releases, ESG data and IR pages.

  • 20 floorsof Kioi Tower planned for the HQ (2014)
  • ≈ 7,000desks at the new Akasaka office (2026)
  • 2–3 monthssabbatical after 10 years
  • 32,175employees in the group, FY2025

See inside the office Benefits

Sources: Head office relocation notice (Jun 19, 2014) · Akasaka office story (May 28, 2026) · Careers: Benefits & DE&I · ESG Data FY2025

Companies / Japan / Internet & Messaging / LY Corporation

THE HEADQUARTERS · KIOI TOWER, TOKYO GARDEN TERRACE KIOICHO · 2016

A hotel site in Kioicho turned into a 178 m office tower

Yahoo Japan moved its head office to Kioi Tower in October 2016 to bring its offices together as staff numbers grew. The tower stands on the site of the former Grand Prince Hotel Akasaka, which closed in 2011. LY Corporation describes the Kioicho office as a layout built for conversation, with individual booths for focused work, a dining area and a guest space where its characters greet visitors. LODGE, a co-creation space in the office, hosts company and public tech events.

  • Opened as HQ: October 2016
  • 20 of 24 office floors planned for Yahoo (2014)
  • Design: Nikken Sekkei with Kohn Pedersen Fox
  • Height 177.65 m
  • Hybrid: 3+ office days a week
  • LODGE co-creation space

Inside the Kioicho headquarters

LY Corporation describes the Kioicho office as built for conversation, with individual booths for focused work, a dining area and a guest space where its characters greet visitors.

Rows of desks separated by dark rounded booth panels
Individual booths for focused work · Photo: LY Corporation
Café tables in front of a large screen and a big yellow character figure
Guest space · Photo: LY Corporation
Tall stone-clad lobby with escalators
Office lobby · Wpcpey / CC BY-SA 4.0 · Wikimedia Commons

Tokyo Garden Terrace Kioicho: tower, plazas and gardens

Nikken Sekkei with KPF designed the 177.65 m tower on the site of the former Grand Prince Hotel Akasaka; Yahoo Japan moved in in October 2016.

Aerial view of the tower beside a moat and green slopes
From above · Photo courtesy of Nikken Sekkei
Western-style historic house in front of glass towers
The historic Classic House in front of the towers · Photo courtesy of Nikken Sekkei
Circular garden plaza with paving and planting
Sprouting Garden · Wpcpey / CC BY-SA 4.0 · Wikimedia Commons
Wooden boardwalk through dense green planting
The stream garden · Wpcpey / CC BY-SA 4.0 · Wikimedia Commons
Looking down from a terrace onto a plaza
Terrace over the plaza · Photo courtesy of Nikken Sekkei
Tower with stacked glass blocks seen across an elevated road
Kioi Tower · Kakidai / CC BY-SA 4.0 · Wikimedia Commons
Glass tower and a dark residential tower against a blue sky
The tower from the street · Edomura no Tokuzo / CC BY-SA 4.0 · Wikimedia Commons

The Akasaka Office (opened 2026)

A second large Tokyo office in Akasaka opened in April 2026 with about 7,000 desks; it is not the head office.

Dark lounge with linear lights, plants and large character figures
Akasaka entrance lounge · Photo: LY Corporation
Brick-clad dining counter with a lit Dining sign
Dining · Photo: LY Corporation
White steel-frame meeting booths on a bright floor
Meeting booths · Photo: LY Corporation
Long lounge with sofas and timber shelving booths
Lounge · Photo: LY Corporation

Facts: Yahoo Japan head office relocation notice (Jun 19, 2014) · LY Corporation history · Careers: Working Environment · LODGE notice (Oct 1, 2020) · Nikken Sekkei project page “Tokyo Garden Terrace Kioicho”

Kioi Tower, Tokyo Garden Terrace Kioicho

BuildingAddress
Kioicho Office (HQ), Kioi Tower1-3 Kioicho, Chiyoda-ku, Tokyo 102-8282
Akasaka Office, Akasaka Trust Tower2-17-22 Akasaka, Minato-ku, Tokyo

Source: About LY Corporation · Press release “Akasaka Office opened” (Apr 1, 2026) · See them on the map ↓

ArchitectNikken Sekkei, with Kohn Pedersen Fox Associates
DeveloperSeibu Properties
Total floor area227,200 m² (≈ 2,445,600 sq ft)
Site area30,360.19 m² (≈ 326,800 sq ft)
Height177.65 m
Completed2016
HeritageFormer Korean Imperial Family residence preserved and restored on site

Source: Nikken Sekkei project page “Tokyo Garden Terrace Kioicho” (whole development: office/hotel tower and residential tower). Yahoo Japan's 2014 notice described the office/hotel tower as 36 floors above ground and 2 below.

Office tour videos

Yahoo! JAPAN office tour, KioichoYahoo! JAPAN (official) · · YouTube ↗
Family Day 2024 digest — about 2,400 guests at the Kioicho officeLY Corporation (official) · 2024 · YouTube ↗

Benefits (Japan, LY Corporation)

Working Style allowance¥11,000/mo

Paid every month to help employees set up an environment for high performance (full-time and contract employees).

CommutingUp to ¥150,000/mo

Actual travel costs paid for the days employees come to their assigned office.

Fertility treatment¥100,000/yr

Pregnancy Support subsidy for fertility treatment, any gender, no limit on uses; up to 10 paid days off or up to one year of leave.

Banked leave30 days

Expired annual paid leave can be saved up to 30 days, for illness, childcare, caregiving or children's school events.

Happy Friday+1 day

When a national holiday falls on a Saturday, the working day before becomes a special day off.

F leave1 paid day/mo

For conditions specific to women, physical or mental health, or fertility treatment.

Babysitters50% off

Half of babysitter fees subsidized when used to go to work, plus babysitter discount vouchers.

Long-term income protection60%

60% of standard monthly pay until age 60 if illness or injury stops someone working (full-time employees).

Source: Careers — Benefits & DE&I and Working Environment (lycorp.co.jp/ja/recruit/workplace/). Some programs are for full-time employees only.

What keeps people at LY Corporation: what the company itself says

Job ChallengeMove jobs without your boss's sign-off

Year-round internal postings across LY Corporation and group companies; after a set period, employees can apply without their manager's approval.

2–3 monthsSabbatical leave

Full-time employees with 10 or more years of service can take a sabbatical of two to three months.

Full flexNo core time

Employees set their own start and finish times, as long as monthly hours are met (some teams work fixed hours or shifts).

¥1MPer half-year for a PhD

Employees with 2+ years of service can study for a science doctorate while working, with up to ¥1 million per half-year and one paid day off a week.

97.7%Return after childcare leave

Return-to-work rate after childcare leave in FY2025; 69.3% of eligible men took childcare leave.

FreeLanguage classes

English, Korean and Japanese courses fully paid by the company for employees who need them for their work.

Source: Careers — Evaluation & Growth Support, Working Environment, Benefits & DE&I (lycorp.co.jp/ja/recruit/workplace/) · ESG Data FY2025

Who works here

Where they work · FY2025
Japan 24,915Overseas 7,260
Gender · FY2025 (32,175 people)
Men 58.1%Women 41.9%
37.7

average age

6.9 yrs

average length of service

31.4%

of employees are non-Japanese

87.7%

of FY2025 hires were mid-career

24.0%

of managers are women

Source: LY Corporation ESG Data, FY2025 (employees covered by the report; fiscal year ended March 31, 2026)

Pay at LY Corporation

Median employee remuneration · LY Corporation (non-consolidated), FY2025¥8,297,000

The CEO's pay was 66.3 times the average annual employee salary in FY2025 (96.4 times in FY2024). Average non-manager salary with bonus: ¥7,546,000; managers: ¥12,987,000.

Source: LY Corporation ESG Data, FY2025 (fiscal year ended March 31, 2026)

Office history: six head-office addresses in Tokyo since 1999

  1. 1996
    A joint venture of SoftBank and Yahoo! Inc.

    Yahoo Japan Corporation was founded in January 1996 as a joint venture between SoftBank and Yahoo! Inc. in the U.S. Yahoo! JAPAN went live at 3:20 pm on April 1, 1996, listing about 15,000 websites sorted by hand.

    Source: History — Yahoo Japan Corporation (lycorp.co.jp)

    No free-to-use photo found yet.Have one? We’d love to add it.
  2. 1999
    24-1 Nihombashi Hakozakicho, Chuo City

    In May 1999 the head office moved to 24-1 Nihombashi Hakozakicho, Chuo-ku.

    Source: History — Yahoo Japan Corporation

    No free-to-use photo found yet.Have one? We’d love to add it.
  3. 1999
    3-6-7 Kita-Aoyama, Minato City

    Three months later, in August 1999, the head office moved again, to 6-7 Kita-Aoyama 3-chome, Minato-ku. Yahoo! JAPAN Auction and Shopping launched the next month.

    Source: History — Yahoo Japan Corporation

    No free-to-use photo found yet.Have one? We’d love to add it.
  4. 2003
    6-10-1 Roppongi, Minato City

    In April 2003 the head office moved to 10-1 Roppongi 6-chome, Minato-ku. In October that year Yahoo Japan listed on the First Section of the Tokyo Stock Exchange.

    Source: History — Yahoo Japan Corporation

    No free-to-use photo found yet.Have one? We’d love to add it.
  5. 2009
    9-7-1 Akasaka, Minato City

    In April 2009 the head office moved to 7-1 Akasaka 9-chome, Minato-ku.

    Source: History — Yahoo Japan Corporation

    Tall glass tower seen from the south
    Tokyo Midtown Tower · Ymblanter / CC BY-SA 4.0 · Wikimedia Commons
  6. 2016
    Kioi Tower, 1-3 Kioicho, Chiyoda City

    In October 2016 Yahoo Japan moved to Kioicho, to bring its offices together as staff numbers grew. The 2014 announcement said it would take 20 of the 24 office floors in the new office and hotel tower on the site of the Grand Prince Hotel Akasaka, which closed in March 2011.

    Source: History — Yahoo Japan Corporation · Head office relocation notice, Jun 19, 2014 (seen in search excerpt)

    No free-to-use photo found yet.Have one? We’d love to add it.
  7. 2023
    LY Corporation, still in Kioicho

    In October 2023 Z Holdings, LINE Corporation and Yahoo Japan Corporation reorganized into LY Corporation. The registered head office stays at Kioi Tower.

    Source: History — LY Corporation · About LY Corporation

    No free-to-use photo found yet.Have one? We’d love to add it.
  8. 2026
    A second Tokyo base in Akasaka

    In April 2026 LY Corporation opened the Akasaka Office in Akasaka Trust Tower, with all floors open from May 11, 2026, and began moving to three office days a week. The head office remains in Kioicho.

    Source: Press release, Apr 1, 2026 · LY Corporation Story, May 28, 2026

    No free-to-use photo found yet.Have one? We’d love to add it.

Map: how the headquarters moved

From Nihombashi to Aoyama, Roppongi and Akasaka, then up the hill to Kioicho — every head office has been in central Tokyo, within about 5 km of each other.

  1. 1 · 199924-1 Nihombashi Hakozakicho, Chuo City — Head office from May 1999
  2. 2 · 19993-6-7 Kita-Aoyama, Minato City — Head office from August 1999
  3. 3 · 20036-10-1 Roppongi, Minato City — Head office from April 2003
  4. 4 · 20099-7-1 Akasaka, Minato City — Head office from April 2009
  5. 5 · 2016Kioi Tower, 1-3 Kioicho, Chiyoda City — Headquarters today

Addresses: History — Yahoo Japan Corporation · About LY Corporation. The January 1996 founding address is not published there and is not shown.

What LY Corporation does

LY Corporation was formed in October 2023 when Z Holdings, LINE Corporation and Yahoo Japan Corporation reorganized into one company. It runs online advertising, e-commerce and membership services around the LINE app and Yahoo! JAPAN, and manages group companies such as PayPay.

Three reporting segments: Media, Commerce and Strategic.

Where the money came from · Revenue by segment · FY2025 (year ended March 2026)

Commerce BusinessE-commerce and membership services
¥857.9B
Media BusinessAdvertising and media services
¥734.5B
Strategic BusinessStrategic businesses, including PayPay and other group companies
¥445.8B

Source: IR — Financial Highlights (segment revenue, million yen; before adjustments) · About LY Corporation (businesses) · History (LY Corporation, Yahoo Japan Corporation)

Revenue, FY2025¥2.04T¥2,036,366 million, up 6.2% in a year
Operating income, FY2025¥341.3Bmargin 16.8%
Adjusted EBITDA, FY2025¥496.7Bmargin 24.4%
Net income to owners, FY2025¥193.7Battributable to owners of the parent

Source: IR — Consolidated Statements of Income (trend) and Financial Indicators · growth % calculated by eciffo

Growth: revenue vs. people

2.1×revenue, FY2018 → FY2025
¥0.95T → ¥2.04T
+12%employees, FY2024 → FY2025
28,606 → 32,175
YearRevenueEmployees
FY2018
¥1.0T
—
FY2019
¥1.1T
—
FY2020
¥1.2T
—
FY2021
¥1.6T
—
FY2022
¥1.7T
—
FY2023
¥1.8T
—
FY2024
¥1.9T
28,606
FY2025
¥2.0T
32,175

Fiscal years end March 31 (FY2025 = year ended March 31, 2026). Revenue (IFRS): IR — Consolidated Statements of Income (trend), FY2018–FY2025. Employees: ESG Data (employees covered by the report), FY2024–FY2025. Multiples calculated by eciffo.

Chief executives

No free-to-use photo.
today
Takeshi Idezawa

President and Representative Director, CEO of LY Corporation.

Founded in January 1996 as a joint venture between SoftBank and Yahoo! Inc.

Source: Directors and Officers · About LY Corporation · History — Yahoo Japan Corporation (lycorp.co.jp)

LY Corporation's official social accounts

Accounts linked from lycorp.co.jp.

LY Corporation: questions people ask

Where is LY Corporation's (LINE Yahoo) headquarters?

In Kioi Tower, 1-3 Kioicho, Chiyoda-ku, Tokyo 102-8282 — part of Tokyo Garden Terrace Kioicho. Yahoo Japan moved there in October 2016.

Source: About LY Corporation · History — Yahoo Japan Corporation

Who designed the building?

Tokyo Garden Terrace Kioicho was designed by Nikken Sekkei together with Kohn Pedersen Fox Associates for Seibu Properties, and completed in 2016. It is 177.65 m tall with 227,200 m² of total floor area.

Source: Nikken Sekkei project page

How many floors does LY Corporation use?

When it announced the move in 2014, Yahoo Japan said it would occupy 20 of the 24 office floors in the new office and hotel tower.

Source: Head office relocation notice, Jun 19, 2014

What was there before?

The Grand Prince Hotel Akasaka, which Seibu Holdings closed at the end of March 2011. A historic residence on the site, the former Korean Imperial Family residence, was preserved and restored.

Source: Head office relocation notice, Jun 19, 2014 · Nikken Sekkei project page

Did LY Corporation move its headquarters to Akasaka?

No. The Akasaka Office in Akasaka Trust Tower opened in April 2026 as a new business base designed for about 7,000 desks, but the head office remains the Kioicho office.

Source: Press release, Apr 1, 2026 · LY Corporation Story, May 28, 2026

Does LY Corporation allow remote work?

Employees work a hybrid model: in principle at least three days a week in their assigned office, combined with remote work. There is full flextime with no core hours.

Source: Careers — Working Environment · Press release, Apr 1, 2026

What benefits does LY Corporation offer?

In Japan: an ¥11,000 monthly Working Style allowance, commuting costs up to ¥150,000 a month, a 2–3 month sabbatical after 10 years, up to 30 days of banked leave, ¥100,000 a year for fertility treatment, half-price babysitting and an employee share purchase plan with a company incentive.

Source: Careers — Benefits & DE&I, Working Environment

How many people work at LY Corporation?

32,175 employees were covered by the FY2025 ESG data (year ended March 2026): 24,915 in Japan and 7,260 overseas, 41.9% women, average age 37.7.

Source: ESG Data FY2025

What is the employee turnover rate?

10.3% in FY2025 (9.9% voluntary), up from 7.2% in FY2024.

Source: ESG Data FY2025

Who is LY Corporation's CEO?

Takeshi Idezawa, President and Representative Director, CEO.

Source: Directors and Officers (lycorp.co.jp)

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Photos are credited to their source. If you hold the rights or represent LY Corporation and want a photo changed or removed, contact us. Updated 2026-10-10.