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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4689","jir_company_name":"LINE Yahoo Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-03","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/4689-20260303-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of the IPO\nPayPay Corporation, a subsidiary of LINE Yahoo Corporation, commenced the roadshow for the Initial Public Offering of American Depositary Shares (ADS) on the U.S. stock exchange on March 2, 2026 (U.S. time). The offering consists of 31,054,254 ADS newly issued by PayPay and 23,932,960 ADS sold by selling shareholder SVF II Piranha (DE) LLC, totaling 54,987,214 ADS for the offering and secondary offering. Additionally, an overallotment option allowing for the purchase of up to 8,248,081 additional ADS is expected to be granted. The indicative price range is between 17 and 20 USD per ADS, with a listing application filed for the NASDAQ Global Select Market under the ticker \"PAYP.\"\n\n### Domestic Secondary Offering and Future Outlook\nAs part of this offering, a domestic secondary offering of 8,653,079 ADS is planned, with subscription acceptance scheduled from March 3 to 7, 2026. Mizuho Securities Co., Ltd. and PayPay Securities Co., Ltd. will serve respectively as the handling securities firm and delegated sales securities firm. LINE Yahoo Corporation will maintain PayPay as a consolidated subsidiary after completion of this IPO, and significant impact on consolidated financial results or position is not anticipated. Investors are advised to review the prospectus thoroughly before making any investment decisions.","jir_financial_highlights":"Number of Offering and Secondary Offering ADS: 54,987,214 ADS (Unknown)\nIndicative Price Range: 17 USD or more and 20 USD or less per ADS (Unknown)\nNumber of Domestic Secondary Offering ADS: 8,653,079 ADS (Unknown)","jir_category":"","jir_hashtags":"#LINEYahooCorporation, #M&ACapitalAlliance, #PayPayIPO, #JapaneseStocks","jir_key_figures":"Number of Offering and Secondary Offering ADS: 54,987,214 ADS (PayPay offering 31,054,254 ADS, secondary offering 23,932,960 ADS)\nIndicative Price Range: 17 USD or more and 20 USD or less per ADS\nNumber of Domestic Secondary Offering ADS: 8,653,079 ADS (Subscription acceptance from March 3 to 7, 2026)","jir_meta_title":"PayPay Corporation Commences IPO of 54,987,214 ADS in the United States with Indicative Price Range of 17 to 20 USD","jir_meta_description":"PayPay, a subsidiary of LINE Yahoo Corporation, has launched an IPO of 54,987,214 ADS in the United States. A domestic secondary offering of 8,653,079 ADS is also planned. Investors should review the prospectus before making decisions.","jir_og_title":"PayPay Corporation Begins IPO in the United States (54,987,214 ADS)","jir_og_description":"Announcement regarding the commencement of the roadshow for PayPay's IPO of American Depositary Shares and details of the domestic secondary offering.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6881,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-32805","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n