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Line Names Idezawa as Next CEO of Instant Message Service

Line Corp., operator of Japan’s most-popular instant messaging application, said Takeshi Idezawa will take over as chief executive officer when Akira Morikawa steps down in March.

Idezawa, currently the chief operating officer, has overseen the company’s expansion into a global service, Line said in a statement on its website today. Morikawa will leave at the end of his contract and stay with the company as an adviser to the CEO, it said.