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LINE Corporation's annual revenue FY 2012-2019

In fiscal year 2019, the Japanese chat app company LINE Corporation generated more than 227 billion Japanese yen in consolidated revenues, up from about 207 billion yen in the previous fiscal year. LINE Corporation operates the messaging app LINE, which is Japan’s leading messenger service.

LINE in Japan and abroad

The messaging app LINE was developed by NHN Japan, a subsidiary of South Korean search engine provider Naver, as a response to the earthquake and tsunami that hit northeastern Japan in March 2011. The service launched in June of the same year. With phone lines being disrupted, people turned to LINE as a way to communicate with their families and friends. From the beginning, LINE enjoyed high popularity, gaining 50 million users in less than a year. It also quickly entered other markets, such as China in 2012 and India in 2013. While LINE eventually became blocked in China in 2014, it was overtaken in India by its competitor WhatsApp. While LINE does not come close to the world’s leading social networks in terms of active users, it belongs among the most popular Asia-based mobile messenger apps, next to services like WeChat and KakaoTalk. Aside from Japan, where the app recorded a very high number of monthly active users, LINE’s most important markets today are Taiwan, Thailand, and Indonesia.

Diversification of operations

As the app grew more successful, NHN Japan eventually changed its name to LINE Corporation in 2013. The company expanded its portfolio over the years, which came to include products such as mobile games, a camera app, and the digital wallet LINE Pay, which managed to increase its number of global active users over the years. As a breakdown of LINE Corporation’s business segments shows, more than half of the company's revenues in 2019 were generated via advertising. Despite continually increasing total revenue figures, LINE Corporation still has to stabilize its annual profits, which showed strong fluctuations in recent years.

LINE Corporation's total annual revenue from fiscal year 2012 to 2019

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Source

Release date

January 2020

Region

Worldwide, Japan

Survey time period

fiscal years 2012 to 2019; the company's fiscal year ends on December 31 of the stated year

Special properties

consolidated figures

Supplementary notes

1 Japanese yen equals 0.0092 U.S. dollars or 0.0083 euros as of February 2020.
Values have been rounded.
Data prior to fiscal year 2018 come from previous reporting.

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