LINE MUSIC's financial results for the fiscal year ended March 25 fell 26% to 1.692 billion yen ... Despite declining profits, the company achieved profitability for five consecutive years
LINE MUSIC's financial results for the fiscal year ending March 2025 (12th fiscal year) were 1.692 billion yen, a decrease of 26.0% from the previous fiscal year. Although profit decreased, it was in the black for the fifth consecutive period. The results for the previous fiscal year (fiscal year ending March 2024) were final profit of 2.288 billion yen. It was found out in the "Financial Results Announcement" published in the "Official Gazette" on July 16. The company is a joint venture between LINE (now LINE Yahoo!), Sony Music Entertainment, and Avex Digital....
The linked article is in Japanese.
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