PayPay Corp 6-K, filed Aug 7, 2026

PayPay Corp (PAYP)

6-K 2026-08-07 For: 2026-06-30

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Added on August 07, 2026

About this 6-K

PayPay Corp filed this 6-K on August 7, 2026.

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Date: August 7, 2026

PAYPAY CORPORATION

By:		/s/ Wataru Kagechika
Name:		Wataru Kagechika
Title:		Managing Corporate Officer and CFO


Unaudited Condensed Consolidated Financial Statements	Page
Condensed Consolidated Statements of Financial Position as of June 30, 2026	1
Condensed Consolidated Statements of Profit or Loss for the three months ended June 30, 2026	2
Condensed Consolidated Statements of Comprehensive Income for the three months ended June 30, 2026	3
Condensed Consolidated Statements of Changes in Equity for the three months ended June 30, 2026	4
Condensed Consolidated Statements of Cash Flows for the three months ended June 30, 2026	5
Notes to Condensed Consolidated Financial Statements
1. Reporting Entity	6
2. Basis of Preparation	6
3. Material Accounting Policies	6
4. Use of Estimates and Judgments	7
5. Segment Information	7
6. Cash and Cash Equivalents	9
7. Guarantee Deposits	9
8. Accounts Receivable	10
9. Loans and Advances to Customers	10
10. Securities	10
11. Intangible Assets	11
12. Deposits	11
13. Accounts Payable	11
14. Borrowings and Lease Liabilities	12
15. Issued Capital and Reserves	12
16. Revenue	13
17. Operating Expenses	15
18. Earnings Per Share	16
19. Share-Based Payments	16
20. Financial Instruments	16
21. Related Party Transactions	21
22. Commitments	21
23. Supplemental Cash Flow Information	21
24. Additional Information	22
25. Subsequent Events	22
26. Approval of Condensed Consolidated Financial Statements	22


	(In millions of yen)
	Notes	March 31, 2026			June 30, 2026
Assets
Cash and cash equivalents	6		363,083			491,087
Guarantee deposits	7		74,139			57,727
Call loans			40,014			14
Accounts receivable	8		150,372			210,339
Loans and advances to customers	9,20		2,512,851			2,631,267
Securities	10,20		1,736,835			1,791,867
Other financial assets	20		32,293			46,735
Property and equipment			14,879			15,141
Right-of-use assets			12,175			11,379
Intangible assets	11		66,466			66,441
Goodwill			15,157			15,157
Investments accounted for using the equity method			12,762			12,761
Deferred tax assets			107,275			103,076
Other assets			37,711			40,728
Total assets			5,176,012			5,493,719
Liabilities
Deposits	12,20		2,952,495			3,112,287
Accounts payable	13		1,122,338			1,080,710
Income tax payables			13,073			5,917
Borrowings	14,20		564,956			757,093
Other financial liabilities	20		48,116			51,681
Provisions			7,403			7,447
Lease liabilities	14		9,549			8,910
Deferred tax liabilities			206			223
Other liabilities			27,115			19,524
Total liabilities			4,745,251			5,043,792
Shareholders’ equity
Issued capital	15		200,635			201,041
Share premium	15		86,730			87,220
Retained earnings	15		109,869			128,299
Accumulated other comprehensive loss	15		(3,055	)		(3,143	)
Equity attributable to owners of the parent company			394,179			413,417
Non-controlling interests			36,582			36,510
Total shareholders’ equity			430,761			449,927
Total liabilities and shareholders’ equity			5,176,012			5,493,719


		(In millions of yen)
		For the three months ended
	Notes	June 30, 2025			June 30, 2026
Transaction and service income			56,816			69,961
Interest income			25,435			35,144
Gains (losses) on financial instruments			3,561			3,804
Other operating income			342			879
Total revenue	5,16		86,154			109,788
Point expenses			(13,153	)		(16,041	)
Settlement related cost			(11,572	)		(13,190	)
Employee benefit expenses			(10,783	)		(11,766	)
Provision for loss allowance			(5,240	)		(8,314	)
Professional and outsourcing services expenses			(7,737	)		(6,518	)
Other operating expenses			(21,705	)		(24,094	)
Total operating expenses	5,17		(70,190	)		(79,923	)
Operating profit	5		15,964			29,865
Share of loss of investments accounted for using the equity method			(105	)		(60	)
Profit before tax			15,859			29,805
Income tax expense			(5,050	)		(10,056	)
Profit for the period			10,809			19,749
Attributable to
Owners of the parent company			10,511			18,428
Non-controlling interests			298			1,321

					(In yen)
Earnings per share
Earnings per share attributable to owners of the parent company (1)
Basic earnings per share	18		16.66			27.21
Diluted earnings per share	18		16.66			27.02


	(In millions of yen)
		For the three months ended
	Notes	June 30, 2025			June 30, 2026
Profit for the period			10,809			19,749
Other comprehensive income (loss) for the period, net of tax
Items that may be reclassified subsequently to profit or loss
Changes in the fair value of debt instruments at FVTOCI	15		870			(109	)
Exchange differences on translation of foreign operations	15		(11	)		6
Total other comprehensive income (loss) for the period, net of tax			859			(103	)
Total comprehensive income for the period, net of tax			11,668			19,646

Total comprehensive income for the period, net of tax attributable to
Owners of the parent company			11,047			18,339
Non-controlling interests			621			1,307


For the three months ended June 30, 2025
	(In millions of yen)
		Equity attributable to owners of the parent company
	Notes	Issued capital		Share premium			Retained earnings (Accumulated deficit)			Accumulated other comprehensive income (loss)			Total			Non- controlling interests			Total shareholders’ equity
Balance as of April 1, 2025			91,434		13,727			(4,887	)		(379	)		99,895			123,836			223,731
Profit for the period			—		—			10,511			—			10,511			298			10,809
Other comprehensive income			—		—			—			536			536			323			859
Total Comprehensive income for the period			—		—			10,511			536			11,047			621			11,668
Dividends paid to non-controlling interests			—		—			—			—			—			(2,909	)		(2,909	)
Dividends paid to the ultimate parent company			—		—			(311	)		—			(311	)		—			(311	)
Issuance of new shares			60,971		60,360			—			—			121,331			—			121,331
Changes due to business combinations of entities under common control - PayPay Securities Corporation and PayPay Bank Corporation			—		(36,827	)		—			—			(36,827	)		(86,358	)		(123,185	)
Other			—		—			34			(31	)		3			3			6
Total transactions with owners and other transactions			60,971		23,533			(277	)		(31	)		84,196			(89,264	)		(5,068	)
Balance as of June 30, 2025			152,405		37,260			5,347			126			195,138			35,193			230,331


For the three months ended June 30, 2026
	(In millions of yen)
		Equity attributable to owners of the parent company
	Notes	Issued capital		Share premium		Retained earnings		Accumulated other comprehensive income (loss)			Total			Non- controlling interests			Total shareholders’ equity
Balance as of April 1, 2026			200,635		86,730		109,869		(3,055	)		394,179			36,582			430,761
Profit for the period			—		—		18,428		—			18,428			1,321			19,749
Other comprehensive loss			—		—		—		(89	)		(89	)		(14	)		(103	)
Total Comprehensive income for the period			—		—		18,428		(89	)		18,339			1,307			19,646
Dividends declared to non-controlling interests			—		—		—		—			—			(1,379	)		(1,379	)
Issuance of new shares	15		406		213		—		—			619			—			619
Share-based payments transactions			—		277		—		—			277			—			277
Other			—		—		2		1			3			—			3
Total transactions with owners and other transactions			406		490		2		1			899			(1,379	)		(480	)
Balance as of June 30, 2026			201,041		87,220		128,299		(3,143	)		413,417			36,510			449,927


For the three months ended June 30, 2025
	(In millions of yen)
	Payment			Financial service			Inter-segment eliminations			Consolidated
Transaction and service income
Revenue from external customers		49,643			7,173			—			56,816
Inter-segment revenue		247			188			(435	)		—
Total transaction and service income		49,890			7,361			(435	)		56,816
Interest income		19,261			6,174			—			25,435
Gains (losses) on financial instruments		1,563			1,998			—			3,561
Other operating income		305			37			—			342
Total revenue		71,019			15,570			(435	)		86,154
Operating expenses (1)		(56,523	)		(14,102	)		435			(70,190	)
Segment profit		14,496			1,468			—			15,964

(Reconciliation to profit before tax)
Share of loss of investments accounted for using the equity method											(105	)
Profit before tax											15,859


	(In thousands of shares)
		Number of authorized shares		Number of shares issued (2)(3)
Common shares (1)
April 1, 2026			1,600,000		676,956
Increase during the period (2)			—		387
Decrease during the period			—		—
June 30, 2026 (3)			1,600,000		677,343


	(In millions of yen)
		Changes in debt instruments measured at FVTOCI			Exchange differences on translation of foreign operations
Balance as of April 1, 2026			(3,039	)		(16	)
Other comprehensive income (loss) (attributable to owners of the parent company)			(95	)		6
Other			—			1
Balance as of June 30, 2026			(3,134	)		(9	)


As of March 31, 2026	(In millions of yen)
	Fair value
	Level 1		Level 2		Level 3		Total
Securities
Financial assets measured at FVTPL
Debt instruments
Exchange traded funds		202,879		—		—		202,879
Equity instruments
Equity securities		306		24		964		1,294
Financial assets measured at FVTOCI
Debt instruments
Japanese government bonds and municipal bonds		55,949		2,725		—		58,674
Corporate and other debt securities		3,118		77,736		6,732		87,586
Asset backed securities		—		—		335,214		335,214
Other financial assets
Financial assets measured at FVTPL
Derivative assets		203		2,107		—		2,310
Total		262,455		82,592		342,910		687,957
Other financial liabilities
Financial liabilities measured at FVTPL
Derivative liabilities		100		1,268		—		1,368
Total		100		1,268		—		1,368


As of June 30, 2026	(In millions of yen)
	Fair value
	Level 1		Level 2		Level 3		Total
Securities
Financial assets measured at FVTPL
Debt instruments
Exchange traded funds		259,754		—		—		259,754
Equity instruments
Equity securities		315		24		991		1,330
Financial assets measured at FVTOCI
Debt instruments
Japanese government bonds and municipal bonds		54,152		2,728		—		56,880
Corporate and other debt securities		786		74,137		6,728		81,651
Asset backed securities		—		—		328,004		328,004
Other financial assets
Financial assets measured at FVTPL
Derivative assets		291		2,604		—		2,895
Total		315,298		79,493		335,723		730,514
Other financial liabilities
Financial liabilities measured at FVTPL
Derivative liabilities		136		1,154		—		1,290
Total		136		1,154		—		1,290


Financial assets	Valuation technique	Significant unobservable inputs	Range of inputs
Repackage notes	Discounted cash flows	Discount margin/spreads	2.13% (1)
Asset backed securities	Discounted cash flows	Discount margin/spreads	1.23%~2.14% (1)


			(In millions of yen)
Relationship	Name	Transactions	Amount
Parent company	SoftBank Corp.	Acquisition of shares (1)		5,727
		Issuance of new shares (3)		34,889
Parent company	LY Corporation	Acquisition of shares (1)		80
		Issuance of new shares (3)		34,889
Other affiliated company	SVF II Piranha (DE) LLC	Exercise of stock options (2)		15,901
		Issuance of new shares (3)		35,944
Subsidiary of parent company	Z Financial Corporation (5) (currently LY Corporation)	Acquisition of shares (4)		117,000


	Form 20-F ☒		Form 40-F ☐


	(In millions of yen)
	March 31, 2026			June 30, 2026
Payment:
Credit card receivables		1,321,827			1,349,072
Loss allowance		(45,312	)		(50,096	)
Subtotal		1,276,515			1,298,976
Financial service:
Mortgage loans (1)		909,483			978,262
Overdraft		312,255			327,755
Other		16,879			28,798
Loss allowance		(2,281	)		(2,524	)
Subtotal		1,236,336			1,332,291
Total		2,512,851			2,631,267

PayPay Corp 6-K, filed Aug 7, 2026

About this 6-K

PayPay Corporation