PAYP on Nasdaq

PayPay
Logo: about.paypay.ne.jp3
Japanese financial services company based in Chiyoda, founded in 20181
In its 2026 annual report (Form 20-F) the company says: “We are a joint stock corporation, or kabushiki kaisha, incorporated under the laws of Japan, including the Companies Act of Japan. Our corporate existence is indefinite unless dissolved in accordance with our articles of incorporation or applicable Japanese law. Our agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th Floor, New York, NY 10168.”5 It is part of SoftBank Group.1 Its shares trade on Nasdaq under the symbol PAYP.1
Price unavailable
Last updated Oct 21, 2026.
Overview
- TickerPAYP on Nasdaq1
- IndustryServices-Business Services, NEC1
- HeadquartersChiyoda1
- Websiteabout.paypay.ne.jp
- Legal formkabushiki gaisha1
- Incorporated inJapan4
- Business addressYotsuya Tower, 1-6-1, Yotsuya, Shinjuku-Ku, 160-00044
- Filer categoryNon-accelerated filer4
See how the biggest companies compare on our leaderboards

PayPay Corporation is our legal and commercial name. We were incorporated in Japan on June 15, 2018 under the corporate name Pay Corporation and changed our corporate name to PayPay Corporation in July 2018. We are a joint stock corporation, or kabushiki kaisha, incorporated under the laws of Japan, including the Companies Act of Japan. Our corporate existence is indefinite unless dissolved in accordance with our articles of incorporation or applicable Japanese law.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Payment brought in 81% of the revenue PayPay broke down this way in fiscal 2026.
Business segments by year
| Business segments | 2024 | 2025 | 2026 |
|---|---|---|---|
| Payment | 211.3B JPY | 248.3B JPY | 311.2B JPY |
| Financial Services | 46.2B JPY | 53.6B JPY | 72.4B JPY |
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Transaction and service income | 251.0B JPY | 203.6B JPY | 174.1B JPY |
| Interest income | 116.5B JPY | 88.4B JPY | 73.9B JPY |
| Gains (losses) on financial instruments | 10.2B JPY | 5.5B JPY | 4.6B JPY |
| Other operating income | 2.9B JPY | 1.5B JPY | 2.0B JPY |
| Total revenue | 380.7B JPY | 299.1B JPY | 254.6B JPY |
| Point expenses | -60.2B JPY | -50.4B JPY | -45.4B JPY |
| Settlement related cost | -48.7B JPY | -43.7B JPY | -40.0B JPY |
| Employee benefits expense | -47.6B JPY | -41.5B JPY | -37.8B JPY |
| Professional and outsourcing services expenses | -28.1B JPY | -28.8B JPY | -34.8B JPY |
| Provision for loss allowance | -24.9B JPY | -23.9B JPY | -23.0B JPY |
| Other operating expenses | -91.0B JPY | -75.4B JPY | -73.6B JPY |
| Total operating expenses | -300.6B JPY | -263.6B JPY | -254.6B JPY |
| Operating profit | 80.1B JPY | 35.5B JPY | 11.0M JPY |
| Share of loss of investments accounted for using the equity method | -137.0M JPY | -549.0M JPY | 0 JPY |
| Profit before tax | 79.9B JPY | 35.0B JPY | 11.0M JPY |
| Income tax (expense) benefit | 37.9B JPY | 4.2B JPY | -841.0M JPY |
| Profit (loss) for the year | 117.8B JPY | 39.2B JPY | -830.0M JPY |
| Owners of the parent company | 115.0B JPY | 36.2B JPY | -3.4B JPY |
| Non-controlling interests | 2.8B JPY | 3.0B JPY | 2.5B JPY |
| Basic earnings (loss) per share | 180.42 JPY | 65.76 JPY | -6.09 JPY |
| Diluted earnings (loss) per share | 178.55 JPY | 65.76 JPY | -6.09 JPY |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 363.1B JPY | 369.8B JPY | 744.3B JPY | 859.3B JPY |
| Guarantee deposits | 74.1B JPY | 244.2B JPY | ||
| Call loans | 40.0B JPY | 63.0B JPY | ||
| Accounts receivable | 150.4B JPY | 141.1B JPY | ||
| Loans and advances to customers | 2.5T JPY | 1.9T JPY | ||
| Securities | 1.7T JPY | 1.1T JPY | ||
| Other financial assets | 32.3B JPY | 23.1B JPY | ||
| Property and equipment | 14.9B JPY | 14.5B JPY | ||
| Right-of-use assets | 12.2B JPY | 14.8B JPY | 8.9B JPY | |
| Intangible assets | 66.5B JPY | 65.7B JPY | ||
| Goodwill | 15.2B JPY | 15.2B JPY | ||
| Investments accounted for using equity method | 12.8B JPY | 1.0B JPY | ||
| Deferred tax assets | 107.3B JPY | 49.4B JPY | ||
| Other assets | 37.7B JPY | 37.0B JPY | ||
| Total assets | 5.2T JPY | 4.0T JPY | ||
| Deposits | 3.0T JPY | 2.4T JPY | ||
| Accounts payable | 1.1T JPY | 949.4B JPY | ||
| Income tax payables | 13.1B JPY | 6.5B JPY | ||
| Borrowings | 565.0B JPY | 399.6B JPY | ||
| Other financial liabilities | 48.1B JPY | 34.2B JPY | ||
| Provisions | 7.4B JPY | 7.0B JPY | ||
| Lease liabilities | 9.5B JPY | 12.1B JPY | ||
| Deferred tax liabilities | 206.0M JPY | 377.0M JPY | ||
| Other liabilities | 27.1B JPY | 23.3B JPY | ||
| Total liabilities | 4.7T JPY | 3.8T JPY | ||
| Issued capital | 200.6B JPY | 91.4B JPY | ||
| Share premium | 86.7B JPY | 13.7B JPY | ||
| Accumulated deficit | 109.9B JPY | -4.9B JPY | ||
| Accumulated other comprehensive loss | -3.1B JPY | -379.0M JPY | ||
| Equity attributable to owners of the parent company | 394.2B JPY | 99.9B JPY | ||
| Non-controlling interests | 36.6B JPY | 123.8B JPY | ||
| Total shareholders' equity | 430.8B JPY | 223.7B JPY | 191.3B JPY | 191.5B JPY |
| Total liabilities and shareholders' equity | 5.2T JPY | 4.0T JPY |
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 363.1B JPY | 369.8B JPY | 744.3B JPY | 859.3B JPY |
| Guarantee deposits | 74.1B JPY | 244.2B JPY | ||
| Call loans | 40.0B JPY | 63.0B JPY | ||
| Accounts receivable | 150.4B JPY | 141.1B JPY | ||
| Loans and advances to customers | 2.5T JPY | 1.9T JPY | ||
| Securities | 1.7T JPY | 1.1T JPY | ||
| Other financial assets | 32.3B JPY | 23.1B JPY | ||
| Property and equipment | 14.9B JPY | 14.5B JPY | ||
| Right-of-use assets | 12.2B JPY | 14.8B JPY | 8.9B JPY | |
| Intangible assets | 66.5B JPY | 65.7B JPY | ||
| Goodwill | 15.2B JPY | 15.2B JPY | ||
| Investments accounted for using equity method | 12.8B JPY | 1.0B JPY | ||
| Deferred tax assets | 107.3B JPY | 49.4B JPY | ||
| Other assets | 37.7B JPY | 37.0B JPY | ||
| Total assets | 5.2T JPY | 4.0T JPY | ||
| Deposits | 3.0T JPY | 2.4T JPY | ||
| Accounts payable | 1.1T JPY | 949.4B JPY | ||
| Income tax payables | 13.1B JPY | 6.5B JPY | ||
| Borrowings | 565.0B JPY | 399.6B JPY | ||
| Other financial liabilities | 48.1B JPY | 34.2B JPY | ||
| Provisions | 7.4B JPY | 7.0B JPY | ||
| Lease liabilities | 9.5B JPY | 12.1B JPY | ||
| Deferred tax liabilities | 206.0M JPY | 377.0M JPY | ||
| Other liabilities | 27.1B JPY | 23.3B JPY | ||
| Total liabilities | 4.7T JPY | 3.8T JPY | ||
| Issued capital | 200.6B JPY | 91.4B JPY | ||
| Share premium | 86.7B JPY | 13.7B JPY | ||
| Accumulated deficit | 109.9B JPY | -4.9B JPY | ||
| Accumulated other comprehensive loss | -3.1B JPY | -379.0M JPY | ||
| Equity attributable to owners of the parent company | 394.2B JPY | 99.9B JPY | ||
| Non-controlling interests | 36.6B JPY | 123.8B JPY | ||
| Total shareholders' equity | 430.8B JPY | 223.7B JPY | 191.3B JPY | 191.5B JPY |
| Total liabilities and shareholders' equity | 5.2T JPY | 4.0T JPY |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Profit before tax | 79.9B JPY | 35.0B JPY | 11.0M JPY |
| Depreciation and amortization | 25.5B JPY | 21.4B JPY | 18.6B JPY |
| Loss on disposal of property and equipment and intangible assets | 1.3B JPY | 696.0M JPY | 1.5B JPY |
| Share-based payment expenses | 1.8B JPY | 0 JPY | 0 JPY |
| Other income and costs | -1.5B JPY | 618.0M JPY | -1.6B JPY |
| Guarantee deposits | 170.1B JPY | 77.7B JPY | -39.6B JPY |
| Call loans | 23.0B JPY | 53.1B JPY | -18.1B JPY |
| Accounts receivable | -9.3B JPY | -3.3B JPY | 50.4B JPY |
| Loans and advances to customers | -585.2B JPY | -399.1B JPY | -311.1B JPY |
| Securities | -72.3B JPY | -31.3B JPY | -45.5B JPY |
| Deposits | 566.6B JPY | 249.4B JPY | 260.4B JPY |
| Accounts payable | 173.9B JPY | 145.6B JPY | 130.7B JPY |
| Other financial assets | -7.0B JPY | 1.9B JPY | -4.2B JPY |
| Other financial liabilities | 13.4B JPY | 2.3B JPY | 9.8B JPY |
| Provisions | 6.0M JPY | -1.9B JPY | 4.4B JPY |
| Other | 6.9B JPY | 10.0B JPY | -1.9B JPY |
| Cash provided by operations | 387.0B JPY | 162.1B JPY | 53.8B JPY |
| Income tax paid | -12.6B JPY | -6.9B JPY | -4.5B JPY |
| Income tax refunded | 876.0M JPY | 588.0M JPY | 606.0M JPY |
| Net cash provided by operating activities | 375.3B JPY | 155.8B JPY | 50.0B JPY |
| Purchases of securities | -780.0B JPY | -463.3B JPY | -437.4B JPY |
| Proceeds from sales/redemption of securities | 189.3B JPY | 177.9B JPY | 189.8B JPY |
| Purchases of property and equipment | -6.4B JPY | -4.8B JPY | -4.6B JPY |
| Purchases of intangible assets | -17.8B JPY | -17.3B JPY | -17.9B JPY |
| Proceeds from withdrawal of deposits with a related party | 0 JPY | 0 JPY | 600.0B JPY |
| Payments of deposits with a related party | 0 JPY | 0 JPY | -600.0B JPY |
| Payment for acquisition of subsidiaries | 0 JPY | -5.8B JPY | 0 JPY |
| Purchase of investment accounted for using the equity method | -11.7B JPY | -1.4B JPY | 0 JPY |
| Other | -2.3B JPY | -5.3B JPY | -3.3B JPY |
| Net cash used in investing activities | -628.8B JPY | -320.0B JPY | -273.4B JPY |
| Net increase (decrease) in short-term borrowings | 200.0B JPY | -128.7B JPY | 30.0B JPY |
| Proceeds from long-term borrowings | 722.6B JPY | 842.3B JPY | 595.1B JPY |
| Repayments of long-term borrowings | -757.2B JPY | -917.9B JPY | -516.4B JPY |
| Repayments of lease liabilities | -2.7B JPY | -2.8B JPY | -2.4B JPY |
| Proceeds from issuance of new common shares | 217.5B JPY | 0 JPY | 3.4B JPY |
| Payments for the purchase of the equity interest of subsidiaries, through business combinations of entities under common control | -130.2B JPY | 0 JPY | 0 JPY |
| Dividends paid to non-controlling interests | -2.9B JPY | -2.5B JPY | -1.6B JPY |
| Dividends paid to the ultimate parent company | -311.0M JPY | -283.0M JPY | -179.0M JPY |
| Other | 0 JPY | -405.0M JPY | 0 JPY |
| Net cash provided by (used in) financing activities | 246.8B JPY | -210.3B JPY | 107.9B JPY |
| Effect of exchange rate changes on cash and cash equivalents | 50.0M JPY | -59.0M JPY | 488.0M JPY |
| Decrease in cash and cash equivalents | -6.7B JPY | -374.5B JPY | -115.0B JPY |
No quarter-by-quarter statement was filed.
Corporate structure
PayPay is part of a group headed by SoftBank Group. 465 entities, 45 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of PayPay
- SOFTBANK GROUP CORP. Filed SCHEDULE 13G on PayPay, latest May 15, 2026
- SoftBank Group 東京都 港区, Japan
- Arm Holdings 100% · Cambridge, United Kingdom
- Treasure Data Subsidiary
- ARM LIMITED Subsidiary · Cambridge, United Kingdom
- 2 more
- SoftBank Mobile 40.7% · 東京都 港区, Japan
- PayPay Chiyoda
- SB Global Advisers Ltd London, United Kingdom
- SB GLOBAL ADVISERS CAPITAL MARKETS LIMITED Subsidiary · 100% · London, United Kingdom
- SB INVESTMENT ADVISERS (UK) LTD London, United Kingdom
- SVF INVESTMENT ADVISERS (INDIA) PRIVATE LIMITED Subsidiary · Mumbai, India
- SOFTBANK VISION FUND L.P. Fund · London, United Kingdom
- SB INVESTMENT ADVISERS (US) INC. San Carlos, California, United States
- SOFTBANK VISION FUND (AIV M1) L.P. Wilmington, Delaware, United States
- SOFTBANK VISION FUND (AIV M2) L.P. Wilmington, Delaware, United States
- SVF Endurance (Cayman) Ltd George Town, Cayman Islands
- SVF Pauling (Cayman) Ltd George Town, Cayman Islands
- SVF Swift (Cayman) Ltd George Town, Cayman Islands
- Boston Dynamics Subsidiary · 100% · Waltham
- Fortress Investment Group Subsidiary · 100% · New York, New York, United States
- Sogo & Seibu Subsidiary · 100% · Toshima
- 1 more
- Iconia Hospitality Subsidiary · Roppongi Hills, Japan
- Revolution Studios Subsidiary · New York, New York, United States
- Drawbridge Long Dated Value Fund II L P Fund · New York, New York, United States
- Sogo & Seibu Subsidiary · 100% · Toshima
- SB New Coronavirus Testing Center Subsidiary · 100% · Minato, Japan
- A Holdings Corporation Subsidiary · Minato, Japan
- LY Corporation Subsidiary · Tokyo
- 16 more
- LY Corporation Subsidiary · Tokyo
- CloudMinds Subsidiary
- Cybertrust Subsidiary · Tokyo
- Denen Subsidiary · Shinagawa, Japan
- doValue Subsidiary · Milan
- 1 more
- GameBank Corp. Subsidiary
- GungHo Online Entertainment Subsidiary · 東京都, Japan
- Acquire Subsidiary · Tokyo
- Game Arts Subsidiary · Chiyoda
- Gravity Corporation Subsidiary · Seoul
- Broccoli Subsidiary · Japan
- HAPSMobile Subsidiary · Tokyo
- IDC Frontier Subsidiary · Tokyo, Japan
- ITmedia Subsidiary · Tokyo
- LINE Financial Subsidiary · Bundang, South Korea
- LINE Pay Taiwan Subsidiary
- mybest Subsidiary · Tokyo
- Odds Park Subsidiary
- and 107 more
- Arm Holdings 100% · Cambridge, United Kingdom
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What PayPay reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Stakes and holdings (Wikidata)
- PayPay Card Corporation 100%
- PayPay Securities Corporation 35%
- PayPay
Things Wikidata records the company as owning, with the share when stated.1
Leadership
Who has led PayPay, and when. Pick a name to see everywhere that person has worked.
Board members and other officers (14)
- OfficerHajime Baba Mar 18, 2026 to now7
- OfficerIchiro Nakayama Mar 18, 2026 to now8
- OfficerMasamichi Yasuda Mar 18, 2026 to now9
- OfficerMasanori Sode Mar 18, 2026 to now10
- OfficerWataru Kagechika Mar 18, 2026 to now11
- Board memberHiroko Kono Mar 18, 2026 to now12
- Board memberHiroto Kaneko Mar 18, 2026 to now13
- Board memberIchiro Nakayama Mar 18, 2026 to now8
- Board memberJun Shimba Mar 18, 2026 to now14
- Board memberJunichi Miyakawa Mar 18, 2026 to now15
- Board memberPaul K. Yonamine Mar 18, 2026 to now16
- Board memberYasuyoshi Karasawa Mar 18, 2026 to now17
- Board memberYoshimitsu Goto Mar 18, 2026 to now18
- Board memberFumiya Takasu Jun 29, 2026 to now19
Subsidiaries and ownership
Parent company
Owners
- B Holdings Corporation 57.9% since Oct 1, 2022
- SoftBank Vision Fund 2 30.2% since Oct 1, 2022
- LY Corporation 5.9% since Oct 1, 2022
- SoftBank Mobile 5.9% since Oct 1, 2022
Also owns
- PayPay Card Corporation 100% since Oct 1, 2022
- PayPay Securities Corporation 35% since Apr 2023
- PayPay
From Wikidata.1
Acquisitions
- Apr 2023Acquired PayPay Securities Corporation1
- Oct 1, 2022Acquired PayPay Card Corporation1
Timeline
Calendar
Coming up
- Nov 3, 2026 · After the closeReports results for the quarter ending Sep/202620
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
42 filings to the SEC since October 2021: 1 annual reports, 20 insider forms, 1 large holders, 20 other. The latest 20:
- Aug 7, 20266-K EDGAR
- Jul 31, 20266-K EDGAR
- Jul 30, 20266-K EDGAR
- Jun 30, 202620-F EDGAR
- Jun 30, 20266-K EDGAR
- Jun 29, 20263 EDGAR
- Jun 12, 20264 EDGAR
- Jun 9, 20264 EDGAR
- Jun 9, 20264 EDGAR
- Jun 9, 20264 EDGAR
- Jun 4, 20266-K EDGAR
- May 29, 20266-K EDGAR
- May 15, 2026SCHEDULE 13G EDGAR
- May 13, 20264 EDGAR
- May 6, 20266-K EDGAR
- Apr 8, 20264 EDGAR
- Mar 30, 20266-K EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
- Mar 18, 20263 EDGAR
The 42 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- SOFTBANK GROUP CORP.SCHEDULE 13G, 1 filing May 15, 202621
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 48. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How PayPay is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPayPay Corp2
- CIK0002080845
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company5
- Incorporated inJapan5
- Fiscal year endsMarch 312
- Industry code (SIC)7389 Services-Business Services, NEC2
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
- Business addressYotsuya Tower, 1-6-1, Yotsuya, Shinjuku-Ku, Tokyo 160-0004, Japan2
- Phone81-3-6885-81812
- Shares outstanding676,955,535 shares as of Mar 31, 20265
- AuditorDeloitte Touche Tohmatsu LLC, Tokyo, JAPAN PCAOB ID 1044; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceAug 14, 20252
- Filings42 in all: 3 (14), 6-K (8), 4 (6), DRS/A (3), 20-F (1), 424B4 (1), 8-A12B (1), CERT (1)2
All 15 form types
DRS (1), EFFECT (1), F-1 (1), F-1/A (1), FWP (1), S-8 (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (20-F) Jun 30, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| American Depositary Shares, each representingone common share | PAYP | Nasdaq |
| Common Shares,no par value | Nasdaq |
From the cover page of the 20-F filed Jun 30, 2026 (Section 12(b) of the Exchange Act).5
Links
- Websiteabout.paypay.ne.jp1
- X (Twitter)x.com/PayPayOfficial1
- Facebookwww.facebook.com/paypay.official1
- More imagesWikimedia Commons
- WikidataQ56348149
- SEC EDGARCIK 2080845
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataPayPay on Wikidata
- 2SEC EDGARPayPay filings on SEC EDGAR
- 3Company websitePayPay logo
- 4SEC EDGARPayPay filings on SEC EDGAR
- 5
- 6
- 7SEC EDGARHajime Baba, Officer
- 8SEC EDGARIchiro Nakayama, Officer
- 9SEC EDGARMasamichi Yasuda, Officer
- 10SEC EDGARMasanori Sode, Officer
- 11SEC EDGARWataru Kagechika, Officer
- 12SEC EDGARHiroko Kono, Board member
- 13SEC EDGARHiroto Kaneko, Board member
- 14SEC EDGARJun Shimba, Board member
- 15SEC EDGARJunichi Miyakawa, Board member
- 16SEC EDGARPaul K. Yonamine, Board member
- 17SEC EDGARYasuyoshi Karasawa, Board member
- 18SEC EDGARYoshimitsu Goto, Board member
- 19SEC EDGARFumiya Takasu, Board member
- 20NasdaqNasdaq calendar
- 21