SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2020

Commission File Number: 001-37821

LINE Corporation

(Translation of registrant’s name into English)

1-6 Shinjuku 4-chome

Shinjuku-ku, Tokyo 150-8510, Japan

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F X Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		LINE Corporation
		(Registrant)
November 6, 2020		By: /s/ In Joon Hwang
November 9, 2020		By: /s/ In Joon Hwang
		(Signature)
		Name: In Joon Hwang
		Title: Director and Chief Financial Officer

[Reference translation – in case of any discrepancy, the original Japanese version shall prevail.]

November 69, 2020

Press Release

Company Name: LINE Corporation

Representative: Takeshi Idezawa,

President and Representative Director

(Code number: 3938 First Section, Tokyo

Stock Exchange)

Inquiries: Investor Relations

TEL: 03-4316-2050

Notice ofRegarding ~~Confirmation of Terms for~~ the ~~Issuance~~Cancellation of ~~Stock~~Treasury ~~Options~~Shares

~~With~~LINE ~~respect~~Corporation to(hereinafter, the ~~issuance~~“Company”) ofhereby ~~stock~~announces ~~options~~that ~~decided~~it byresolved ~~the~~at ~~resolution of~~ the board of directors ofmeeting ~~LINE~~held ~~Corporation~~on ~~(Headquarters: Shinjuku-ku~~November 9, ~~Tokyo,~~2020 ~~Japan;~~to ~~President &~~cancel ~~CEO:~~its ~~Takeshi~~treasury ~~Idezawa;~~shares pursuant to Article 178 of the ~~“Company”)~~Companies onAct ~~July~~(Act No. ~~29,~~86 ~~2020~~of 2005, ~~certain~~as ~~previously~~amended ~~undetermined~~from ~~items~~time ~~have~~to ~~been~~time), ~~confirmed~~with asthe ~~follows~~following details.

1.The ~~LINE~~cancellation ~~Corporation~~of ~~26th~~treasury shares will take place on the condition that the proposal regarding the share consolidation set forth in the “Announcement Regarding the Share Consolidation and the Deletion of Provisions Regarding Share Units and the Partial Amendment of the Articles of Incorporation, as well as Filing Applications to Delist the ADSs from the New York Stock ~~Options~~Exchange, to Terminate the Registration of the ADSs with the U.S. Securities and Exchange Commission and to Terminate or Suspend the Company’s Periodic Disclosure Obligations Pursuant to the U.S. Securities Exchange Act of 1934” is approved at the Company’s extraordinary general meeting of shareholders that is expected to be convened on December 15, 2020 as originally proposed.

(1). ~~Total~~Class ~~number~~ of ~~stock~~Shares ~~options:~~to Be Cancelled

~~30,240~~Common ~~allotments~~shares of the Company

(2). ~~Amount~~Number toof beShares ~~paid~~to inBe ~~for stock options~~Cancelled

~~225~~12,~~478~~693 ~~yen~~shares ~~per~~(0.01% ~~stock~~of ~~option~~the ~~(2,255~~total ~~yen~~number ~~per~~of ~~share~~issued shares before the cancellation of ~~stock~~such shares; rounded to the third decimal place)

~~Persons~~3. ~~who~~Scheduled ~~have~~Date ~~been allotted stock options shall set off his/her claims for remuneration against the Company in lieu~~ of ~~payment of monies for the stock options allotted.~~ Cancellation

~~(3)~~December 30, ~~Value~~2020 ~~of property to be contributed upon exercise of stock options~~

~~564,700 yen per stock option~~ (~~5,647 yen per share of stock~~Reference)

~~(4)~~The ~~People~~total ~~who~~number ~~are~~of issued toshares beafter ~~allotted~~the ~~stock~~cancellation ~~options,~~will ~~the~~be ~~number thereof~~243,702,849 ~~and~~shares. ~~the number of stock options to be allotted~~

Allottee		NumberofAllottees				Number of StockOptions
Directors of the Company (excludes outside directors and part-time directors)			4				30,240

Additionally, the above-stated number of shares to be cancelled is equivalent to the total number of treasury shares owned by the Company as of October 15, 2020.

2. LINE Corporation 27th Stock Options

(1) Total number of stock options:

240 allotments

(2) Amount to be paid in for stock options

225,478 yen per stock option (2,255 yen per share of stock)

Persons who have been allotted stock options shall set off his/her claims for remuneration against the Company in lieu of payment of monies for the stock options allotted.

(3) Value of property to be contributed upon exercise of stock options

564,700 yen per stock option (5,647 yen per share of stock)

(4) People who are to be allotted stock options, the number thereof, and the number of stock options to be allotted

Allottee		NumberofAllottees				Number of StockOptions
Outside directors of the Company			3				240

3. LINE Corporation 28th Stock Options

(1) Value of property to be contributed upon exercise of stock options

564,700 yen per stock option (5,647 yen per share of stock)

Filing Compare · LINE Corp