"Rather than listing, it's important to grow our current business," Chief Executive Akira Morikawa told a news conference. "For now, we want to challenge new things, and eventually consider an IPO."
Line's parent company, South Korea-based Naver Corp, said last month that it had decided to hold off on an IPO for Line this year on the belief that the unit could command a better valuation by further building its revenue and profit.
(Reporting By Teppei Kasai; Editing by Chris Gallagher)
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