Mergers & Acquisitions ·
PayPay Corporation reported first-quarter results ending June 30, 2026, with total revenue increasing 27%…
PAYPPayPay Corp
PayPay Corporation reported first-quarter results ending June 30, 2026, with total revenue increasing 27% year-over-year to ¥109.8 billion and profit for the period surging 83% to ¥19.7 billion. Adjusted EBITDA rose 59% to ¥37.4 billion, achieving a margin of 34%. The company raised its full-year fiscal 2027 guidance, projecting total revenue between ¥465 and ¥473 billion and adjusted EBITDA between ¥149 and ¥155 billion. Additionally, PayPay announced the planned acquisition of a 70.2% stake in T&D Financial Life Insurance Company, with closing expected on October 1, 2027, subject to regulatory approval. The company operates in the digital financial services and electronic payments industry.