{"id":37572,"date":"2026-03-30T09:03:38","date_gmt":"2026-03-30T00:03:38","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/4689-20260330-01_wp_general_ir\/"},"modified":"2026-03-30T09:03:38","modified_gmt":"2026-03-30T00:03:38","slug":"4689-20260330-01_wp_general_ir","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-4689\/ir\/4689-20260330-01_wp_general_ir\/","title":{"rendered":"Announcement Regarding Completion of Initial Public Offering of American Depositary Shares by PayPay Corporation in the United States and Full Exercise of the Underwriters\u2019 Overallotment Option"},"content":{"rendered":"<p>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.<\/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":"2026-03-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/4689-20260330-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of the IPO\nPayPay Corporation completed the IPO of 54,987,214 ADS representing common stock on the U.S. stock exchange at a price of 16 USD per ADS on March 13, 2026. Furthermore, the underwriters fully exercised the overallotment option of up to 8,248,081 ADS on March 27, 2026, resulting in a total offering and sale of 63,235,295 ADS. Among the selling shareholders was SVF II Piranha (DE) LLC, ultimately controlled by SoftBank Group, which sold 23,932,960 ADS.\n\n### Impact on Shareholders and Future Outlook\nThrough this IPO, PayPay secured net proceeds of approximately JPY 94.6 billion (USD 603 million) while remaining a consolidated subsidiary of LINE Yahoo Corporation. This IPO is not expected to have a material impact on the consolidated financial results or financial position of the company. The ADS began trading on the Nasdaq Global Select Market under the ticker symbol \u201cPAYP\u201d on March 12, 2026.","jir_financial_highlights":"Number of American Depositary Shares (ADS) in IPO: 54,987,214ADS (Unknown)\nNumber of ADS Exercised under Overallotment Option: 8,248,081ADS (Unknown)\nTotal Number of Shares Offered: 63,235,295ADS (Unknown)\nPrice per ADS: 16 USD (Unknown)\nEstimated Net Proceeds: JPY 94.6 billion (USD 603 million) (Unknown)","jir_category":"","jir_hashtags":"#LINEYahooCorporation, #PayPay, #general_ir, #IPO, #JapaneseStocks","jir_key_figures":"Number of shares offered in IPO: 54,987,214 ADS\nNumber of shares exercised under overallotment option: 8,248,081 ADS\nEstimated net proceeds: JPY 94.6 billion (USD 603 million)","jir_meta_title":"PayPay Corporation Completes US IPO of 63,235,295 ADS, Raising JPY 94.6 Billion","jir_meta_description":"PayPay Corporation completed a public offering of 63,235,295 ADS in the US in March 2026, securing approximately JPY 94.6 billion in net proceeds. It remains a consolidated subsidiary of LINE Yahoo.","jir_og_title":"PayPay Corporation Announces Completion of IPO of American Depositary Shares in the US","jir_og_description":"PayPay raised JPY 94.6 billion by offering 63,235,295 ADS in the US and will continue as a consolidated subsidiary of LINE Yahoo.","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":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-37572","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Announcement Regarding Completion of Initial Public Offering of American Depositary Shares by PayPay Corporation in the United States and Full Exercise of the Underwriters\u2019 Overallotment Option - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-4689\/ir\/4689-20260330-01_wp_general_ir\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-4689\/ir\/4689-20260330-01_wp_general_ir\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-4689\/ir\/4689-20260330-01_wp_general_ir\/\",\"name\":\"Announcement Regarding Completion of Initial Public Offering of American Depositary Shares by PayPay Corporation in the United States and Full Exercise of the Underwriters\u2019 Overallotment Option - 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