(RTTNews) – LY Corp. reported first quarter net income to owners of the parent of 48.7 billion yen, down 5.5% from last year. Basic earnings per share was 6.84 yen compared to 6.87 yen. Adjusted EPS was 6.05 yen compared to 5.65 yen. Revenue was 489.63 billion yen, up 5.7%.