What does LY stand for?

Light Yagami (Death Note anime character)

This definition appears very rarely and is found in the following Acronym Finder categories:

Slang/chat, popular culture

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Samples in periodicals archive:

SA Seventeen-year-old Light Yagami wants to make the world a better place.

Ohba, Tsugumi. Death Note

Written by Tsugumi Ohba and illustrated by Takeshi Obata, DEATH NOTE II: THE LAST NAME is a sequel to DEATH NOTE as Light Yagami joins the investigation team in pursuit of the serial killer known as "Kira.

NCM Fathom and VIZ Pictures Bring Live-Action Death Note II: the Last ...

Based on the supernatural action mystery manga series illustrated by Takeshi Obata, the DEATH NOTE live action feature takes manga fans into the world of Light Yagami, a student who finds the Death Note, a notebook dropped by a rogue Shinigami death god.

VIZ Pictures and NCM Fathom Debut Live Action Japanese Feature Death ...