PayPay (PAYP)
Connects Japanese mobile payments with cards, banking, lending, and securities investing.
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Combines barcode and QR payments with cards, banking, lending, and securities investing through a mobile platform centered on Japan. Operates across payment and financial-service activities, while execution depends on integrating subsidiaries and securely handling customer and transaction data.
Combines a Japanese code-payment app with credit cards, banking, lending, and securities investing in one mobile experience. Consumers use barcode and QR payments, while merchants access cashless acceptance and related services.
Built through the integration of PayPay Card, PayPay Bank, and PayPay Securities, the group connects everyday payments with broader financial products. Its app-centered model draws on the customer reach and operating capabilities of the SoftBank and Yahoo Japan ecosystem.
Operations are concentrated in Japan, where the platform was launched in 2018. Execution depends on integrating financial subsidiaries and maintaining secure, reliable handling of payments and customer data. SoftBank- and LY-linked shareholders retained concentrated ownership after the Nasdaq ADS listing.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 25, 2026 | Wolfe Research | Reiterate | Rating: —Target: — | Target: $21 |
| Aug 4, 2026 | Mizuho Securities | Target | Target: — | Target: $23 |
| Jul 23, 2026 | Morgan Stanley | Upgrade | Target: — | Target: $23 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $3.11B · Total debt $4.86B · Total assets $34.88B · Shareholders' equity $2.62B
- Revenue
- $667.4M
- Operating income
- $188.0M
- Net income
- $117.0M
Reported in JPY, converted at the latest exchange rate
No dividends on record.
| Institutions | 4.22% | 28.59M shares | |
|---|---|---|---|
| 49 holders · as of Jun 30, 2026 | |||
| Insiders | 0.01% | 97.0K shares | |
| 4 holders · as of Jun 12, 2026 | |||
| Other | 95.77% | 648.46M shares | |
| remainder | |||
677.14M company shares as of Sep 15, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 0.56% | 3.77M | as of Jun 30, 2026 |
Norges BankInstitution | 0.49% | 3.30M | as of Jun 30, 2026 |
Alphabet Inc.Institution | 0.46% | 3.13M | as of Jun 30, 2026 |
Evergreen Quality Fund GP, Ltd.Institution | 0.32% | 2.16M | as of Jun 30, 2026 |
Valueact Holdings, L.P.Institution | 0.32% | 2.15M | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
Not reported.