#LINEYahooCorporation

At the 31st Annual General Meeting of Shareholders scheduled for June 19, 2026, Chairman and Representative Director Kentaro Kawabe will retire, and new director candidates including Ryosuke Sakagami and Motokazu Tamatsuka are scheduled to be appointed.

On March 13, 2026, PayPay Corporation completed an IPO of 54,987,214 ADS at 16 USD per ADS. Additionally, the underwriters exercised all 8,248,081 ADS of the overallotment option, resulting in a total offering of 63,235,295 ADS and approximately JPY 94.6 billion net proceeds.

PayPay Corporation plans to conduct an IPO of 54,987,214 ADS in the United States. The price range is set at 17 to 20 USD per ADS, and 8,653,079 ADS will be offered domestically with subscription acceptance from March 3 to 7, 2026.

PayPay Corporation submitted the Form F-1 registration statement to the U.S. SEC on February 12, 2026, applying for an initial public offering on the Nasdaq Global Select Market under the ticker "PAYP." A domestic secondary offering is also planned.

On September 1, 2025, consolidated 2,800,000 ordinary shares of BEENOS Inc. into one share and completed its full subsidiarization. Tender offer settlement was completed on May 14, 2025.