As filed with the Securities and Exchange Commission on April 18, 2018
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form20-F/A
(Amendment No. 1)
(Mark One)
☐ | REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 |
OR
☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2017
OR
☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
OR
☐ | SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
Date of event requiring this shell company report
For the transition period from to
Commission file number001-37821
LINE Kabushiki Kaisha
(Exact name of Registrant as specified in its charter)
LINE Corporation | Japan | |
(Translation of Registrant’s name into English) | (Jurisdiction of incorporation or organization) |
JR Shinjuku Miraina Tower, 23rd Floor
4-1-6 Shinjuku
Shinjuku-ku, Tokyo,160-0022, Japan
(Address of principal executive offices)
Satoshi Yano
Telephone:+81-3-4316-2050;E-mail: ir@linecorp.com; Facsimile:+81-3-4316-2131
(Name, telephone,e-mail and/or facsimile number and address of company contact person)
Securities registered or to be registered pursuant to Section 12(b) of the Act.
Title of Each Class | Name of Each Exchange on Which Registered | |
American Depositary Shares, each representing | New York Stock Exchange, Inc. | |
one share of common stock | ||
Common Stock * | New York Stock Exchange, Inc. * |
Securities registered or to be registered pursuant to Section 12(g) of the Act.
None
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act.
None
As of December 31, 2017, there were 238,496,810 shares of common stock outstanding
Indicate by check mark if the registrant is awell-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐
If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes ☐ No ☒
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of RegulationS-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☐ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, anon-accelerated filer, or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” and “emerging growth company” in Rule12b-2 of the Exchange Act. (Check one):
Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Emerging growth company ☐
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 13(a) of the Exchange Act. ☐
†The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.
Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing.
U.S. GAAP ☐ IFRS ☒ Other ☐
If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. Item 17 ☐ Item 18 ☐
If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes ☐ No ☒
* | Not for trading, but only in connection with the registration of the American Depositary Shares. |
EXPLANATORY NOTE
This Amendment No. 1 to Form20-F (the “Form20-F/A”) amends our annual report on Form20-F for the year ended December 31, 2017 (the “Annual Report”), which was originally filed with the U.S. Securities and Exchange Commission on March 30, 2018. The purpose of this Form20-F/A is to amend (1) the tabular information and related share number presented under “Item 6.E. Directors, Senior Management and Employees — Share Ownership — Common Stock” and (2) the text of Section 302 certifications attached as Exhibit 12.1 and Exhibit 12.2 to the Annual Report.
This Form20-F/A does not reflect events occurring after the filing of the Annual Report and does not modify or update the disclosure therein in any way except as described above. No other changes have been made to the Annual Report. The filing of this Form20-F/A should not be understood to mean that any statements contained in the Annual Report, as amended by this Form20-F/A, are true or complete as of any date subsequent to the original filing date of the Annual Report. Accordingly, this Form20-F/A should be read in conjunction with the Annual Report.
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Item 6. | Directors, Senior Management and Employees |
Item 6.E. | Share Ownership |
Common Stock
As of December 31, 2017, none of the shares of our common stock entitles the holder to any preferential voting rights. The persons who are currently our directors, corporate auditors and executive officers held, as a group, 10,830,296 common shares as of December 31, 2017, the most recent practicable date for which this information is available. The table below shows the ownership of our common shares by our directors, corporate auditors and executive officers.
Name | Number of Common Shares | |||
Jungho Shin | 6,218,600 | |||
Hae Jin Lee | 4,594,000 | |||
Takeshi Idezawa | 10,000 | |||
Jun Masuda | 5,000 | |||
Koji Kotaka | 2,500 | |||
Tadashi Kunihiro | 131 | |||
Rehito Hatoyama | 65 | |||
|
| |||
Total | 10,830,296 |
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Item 19. | Exhibits |
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SIGNATURES
The registrant hereby certifies that it meets all of the requirements for filing on Form20-F/A and that it has duly caused and authorized the undersigned to sign this annual report on its behalf.
LINE Corporation |
(Registrant) |
/s/ In Joon Hwang |
Name: In Joon Hwang |
Title: Chief Financial Officer |
Date: April 18, 2018
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