PayPay Corporation plans an initial public offering of 54,987,214 ADS on the Nasdaq Global Select Market at $16 per ADS on March 12, 2026, with a secondary offering of 23,932,960 ADS by SVF II Piranha.
PayPay Corporation will commence a roadshow from March 2, 2026, for the IPO of ADS on the U.S. Nasdaq Market, planning a total offering and sale of 54,987,214 ADS.
PayPay Corporation plans to offer and sell approximately 54.98 million ADSs in its IPO on Nasdaq in the U.S. The indicative price range is $17 to $20 per ADS. A domestic secondary offering of approximately 8.65 million ADSs is also planned.
SoftBank Group will make an additional investment of 30 billion USD (4.6743 trillion JPY) in OpenAI, bringing the total investment to 64.6 billion USD with an equity stake of approximately 13%.
PayPay Corporation filed a Form F-1 with the U.S. Securities and Exchange Commission on February 12, 2026, applying for listing on the Nasdaq Global Select Market under the ticker "PAYP." A domestic secondary offering is also planned, with SoftBank expected to continue consolidating it as a subsidiary.
Subsidiary PayPay Corporation submitted a Form F-1 registration statement to the U.S. Securities and Exchange Commission on 2026-02-12, applying for an IPO on the Nasdaq Global Select Market with the ticker symbol 'PAYP'. A domestic share offering is also planned.
For the third quarter of fiscal 2026 ended March, consolidated net sales were JPY 5,195.4 billion (8.0% YoY increase), operating income was JPY 884.1 billion (7.6% YoY increase), and net income attributable to owners of the parent was JPY 485.5 billion (11.2% YoY increase). The full-year earnings forecast was also revised upward.
SoftBank Group Corp. resolved to execute a simplified absorption-type company split with its wholly owned subsidiary IDC Frontier Inc. effective April 1, 2026, transferring its data center business and other operations, as well as migrating cloud services.