Segment composition ratio

Revenue Revenue
Operating income Operating income
[Notes]
  • *1
    The components of revenue represent sales to external customers.
  • *2
    Operating income of the Distribution segment for FY2025 is ¥35.3 billion.

Business strategy

PayPay Corporation, the core of the Financial business, is building a highly convenient digital financial platform by leveraging its code-based payment system and deepening integration with financial services such as credit cards, banking, and securities. The company aims to diversify its revenue streams and achieve sustainable profit growth. PayPay Corporation listed on the NASDAQ stock exchange on March 12, 2026, further enhancing its access to capital markets. Going forward, the company will continue to pursue sustainable growth while maintaining a high standard of governance, compliance, and security frameworks.

Competitive advantages

PayPay Corporation

PayPay Corporation is building a digital financial platform that provides a wide range of services extending beyond payments in a seamless manner, leveraging its network that connects both its 73 million registered users and merchants. In addition, its customer base of more than 40 million users who have completed identity verification (eKYC) represents another significant competitive advantage. Through these strengths, the company continues to steadily deepen user engagement and expand cross-utilization of financial services within the group.
Furthermore, the company has been advancing the development of its group structure with the aim of creating further synergies between the payment and financial service sectors. As part of this effort, in addition to making PayPay Card Corporation a wholly owned subsidiary in 2022, it acquired PayPay Securities Corporation and PayPay Bank Corporation as subsidiaries in April 2025. By further strengthening the integration between payment and financial services, the company aims to enhance user convenience and further increase the utilization rate of financial services.

Business target

  • Continuous growth in existing businesses (payments and financial services)
  • Pursue domestic and global opportunities following U.S. listing