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Line Sets Sights on a Messaging Shake-Up

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Line Corp. is planning to shake up its staff and business to build on the 20-plus percent share gain since the messaging company pulled off the tech world’s biggest public offering of the year.

Chief Executive Officer Takeshi Idezawa is tapping top lieutenants Jun Masuda and Joongho Shin to lead the hunt for fresh growth ideas. Their new responsibilities will be announced as part of a broader revamp of the Tokyo-based company’s corporate culture at a town-hall meeting in mid-January, two people familiar with the matter said.