View Future GrowthPayPay 과거 순이익 실적과거 기준 점검 3/6PayPay은 연평균 80.1%의 비율로 수입이 증가해 온 반면, Diversified Financial 산업은 수입이 13.3% 증가했습니다. 매출은 연평균 18.8%의 비율로 증가했습니다. PayPay의 자기자본이익률은 27.3%이고 순이익률은 30.4%입니다.핵심 정보80.15%순이익 성장률81.30%주당순이익(EPS) 성장률Diversified Financial 산업 성장률6.15%매출 성장률18.82%자기자본이익률27.35%순이익률30.40%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Jul 02Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: JP¥180 (up from JP¥65.76 in FY 2025). Revenue: JP¥378.4b (up 27% from FY 2025). Net income: JP¥115.0b (up 218% from FY 2025). Profit margin: 30% (up from 12% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Diversified Financial industry in the US.모든 업데이트 보기Recent updatesReported Earnings • Jul 02Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: JP¥180 (up from JP¥65.76 in FY 2025). Revenue: JP¥378.4b (up 27% from FY 2025). Net income: JP¥115.0b (up 218% from FY 2025). Profit margin: 30% (up from 12% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Diversified Financial industry in the US.공시 • Jul 01Paypay Corporation Elects Fumiya Takasu as DirectorPayPay Corporation held its Annual General Meeting of Shareholders on June 29, 2026. Elected Fumiya Takasu as Directors.속보 • Jun 28PayPay Acquisition of T&D Financial Life Highlights All-Cash Deal as Price Trends LowerPayPay Corporation is highlighted in recent research for its acquisition of T&D Financial Life, a deal funded entirely from existing cash, which means shareholders were not diluted by new equity issuance. Using cash reserves for the transaction keeps PayPay’s balance sheet flexibility intact, which can matter for future investment choices, risk management and potential funding needs. PayPay’s stock trades at $14.35, with the share price down 26.5% over the past 30 days, indicating recent pressure despite the acquisition headlines. This combination of an all-cash acquisition and a recently weaker share price presents a clear tradeoff: PayPay has committed balance sheet resources to expand its business while the market has been marking the stock lower, so readers need to weigh execution risk on the T&D Financial Life integration against the benefit of avoiding equity dilution.Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$14.30, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Diversified Financial industry in the US. Simply Wall St's valuation model estimates the intrinsic value at US$17.94 per share.속보 • Jun 14PayPay and T&D Holdings to Bring AI Insurance Services Into Digital App EcosystemPayPay Corporation and T&D Holdings have agreed to a comprehensive business alliance that combines insurance services, fintech capabilities and AI-driven digital technologies. The partners are exploring ways to integrate Taiyo Life Insurance products directly into the PayPay app to make insurance offerings more accessible and personalized. A joint steering committee will be set up to guide and expand the cooperation across insurance, fintech and digital health services over the long term. This alliance indicates that PayPay is leaning further into financial services by embedding insurance and health-related offerings into its existing app ecosystem, which could deepen user engagement if execution is effective. Investors may want to monitor how quickly integrated products roll out in the app, how users adopt them and whether regulatory or data-privacy requirements affect the pace or scope of AI-driven services.Buy Or Sell Opportunity • Jun 10Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to US$13.45. The fair value is estimated to be US$17.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.Seeking Alpha • Jun 09PayPay: Below The IPO Price, But Not Clearly UndervaluedSummary PayPay Corporation is rated Hold as its current valuation already reflects strong growth and profitability, despite recent share price weakness. PAYP's payments segment delivered 23% GMV growth and doubled segment profit, with operating leverage driving a 29% adjusted EBITDA margin. Financial services are emerging as a second profit engine but introduce new risks such as credit exposure and regulatory scrutiny. While PAYP trades at a premium to peers on sales and EBITDA, the lack of a clear margin of safety tempers upside potential. I rate PayPay a Hold with a positive bias. Read the full article on Seeking Alpha속보 • Jun 06PayPay Expands Into Insurance With Planned 70.2% Stake in T&D Financial LifePayPay plans to acquire a 70.2% stake in T&D Financial Life Insurance from T&D Holdings, with the deal expected to close in October next year. The company aims to broaden its offering beyond daily payments by adding life insurance to its suite of financial services. Management has indicated an ambition to cover more stages of customers’ financial lives, spanning payments, insurance and asset management. This move signals a push toward a more integrated financial services platform, which could change the profile of PayPay’s revenues over time as insurance and asset-related products are added. Investors may want to watch how PayPay manages regulatory requirements, capital needs and operational integration as it brings a life insurer under its umbrella.Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$15.74, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Diversified Financial industry in the US. Simply Wall St's valuation model estimates the intrinsic value at US$17.70 per share.공시 • Jun 02PayPay Corporation, Annual General Meeting, Jun 29, 2026PayPay Corporation, Annual General Meeting, Jun 29, 2026, at 09:01 Tokyo Standard Time. Location: yotsuya tower 1-6-1, yotsuya, shinjuku-ku, tokyo JapanBuy Or Sell Opportunity • Apr 30Now 29% overvaluedThe stock has been flat over the last 90 days, currently trading at US$22.14. The fair value is estimated to be US$17.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 92%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 1.1% per annum over the same time period.Buy Or Sell Opportunity • Apr 14Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at US$22.19. The fair value is estimated to be US$17.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 92%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are forecast to decline by 5.4% per annum over the same time period.New Risk • Apr 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Minor Risk High level of debt (139% net debt to equity).Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$23.04, the stock trades at a forward P/E ratio of 2246x. Average forward P/E is 10x in the Diversified Financial industry in the US.공시 • Mar 12PayPay Corporation has completed an IPO in the amount of $879.795424 million.PayPay Corporation has completed an IPO in the amount of $879.795424 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 41,237,214 Price\Range: $16 Discount Per Security: $0.6 Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 13,750,000 Price\Range: $16 Discount Per Security: $0.6 Transaction Features: Sponsor Backed OfferingBoard Change • Mar 12Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Part Time Independent Outside Director Paul Kaname Yonamine was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.매출 및 비용 세부 내역PayPay가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqGS:PAYP 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 26378,407115,03419,979031 Dec 25355,530111,20820,444030 Sep 25336,408105,28120,829030 Jun 25314,77541,97120,677031 Mar 25297,77436,17019,770031 Mar 24252,855-3,35026,284031 Mar 23199,403-25,85623,5220양질의 수익: PAYP는 고품질 수익을 보유하고 있습니다.이익 마진 증가: PAYP의 현재 순 이익률 (30.4%)은 지난해 (12.1%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 지난 5년 동안 PAYP의 연간 수익 성장률이 양(+)이었는지 판단하기에 데이터가 부족합니다.성장 가속화: PAYP의 지난해 수익 성장률을 5년 평균과 비교하기에 데이터가 부족합니다.수익 대 산업: PAYP의 지난 1년 수익 증가율(218%)은 Diversified Financial 업계의 9.1%를 상회했습니다.자기자본이익률높은 ROE: PAYP의 자본 수익률(27.35%)은 높음이지만 높은 부채 수준으로 인해 왜곡되어 있습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YDiversified-financials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/05 15:09종가2026/07/02 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스PayPay Corporation는 14명의 분석가가 다루고 있습니다. 이 중 12명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mark PalmerBenchmark CompanyYoshitaka NagaoBofA Global ResearchRamsey El-AssalCantor Fitzgerald & Co.11명의 분석가 더 보기
Reported Earnings • Jul 02Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: JP¥180 (up from JP¥65.76 in FY 2025). Revenue: JP¥378.4b (up 27% from FY 2025). Net income: JP¥115.0b (up 218% from FY 2025). Profit margin: 30% (up from 12% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Diversified Financial industry in the US.
Reported Earnings • Jul 02Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: JP¥180 (up from JP¥65.76 in FY 2025). Revenue: JP¥378.4b (up 27% from FY 2025). Net income: JP¥115.0b (up 218% from FY 2025). Profit margin: 30% (up from 12% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Diversified Financial industry in the US.
공시 • Jul 01Paypay Corporation Elects Fumiya Takasu as DirectorPayPay Corporation held its Annual General Meeting of Shareholders on June 29, 2026. Elected Fumiya Takasu as Directors.
속보 • Jun 28PayPay Acquisition of T&D Financial Life Highlights All-Cash Deal as Price Trends LowerPayPay Corporation is highlighted in recent research for its acquisition of T&D Financial Life, a deal funded entirely from existing cash, which means shareholders were not diluted by new equity issuance. Using cash reserves for the transaction keeps PayPay’s balance sheet flexibility intact, which can matter for future investment choices, risk management and potential funding needs. PayPay’s stock trades at $14.35, with the share price down 26.5% over the past 30 days, indicating recent pressure despite the acquisition headlines. This combination of an all-cash acquisition and a recently weaker share price presents a clear tradeoff: PayPay has committed balance sheet resources to expand its business while the market has been marking the stock lower, so readers need to weigh execution risk on the T&D Financial Life integration against the benefit of avoiding equity dilution.
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$14.30, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Diversified Financial industry in the US. Simply Wall St's valuation model estimates the intrinsic value at US$17.94 per share.
속보 • Jun 14PayPay and T&D Holdings to Bring AI Insurance Services Into Digital App EcosystemPayPay Corporation and T&D Holdings have agreed to a comprehensive business alliance that combines insurance services, fintech capabilities and AI-driven digital technologies. The partners are exploring ways to integrate Taiyo Life Insurance products directly into the PayPay app to make insurance offerings more accessible and personalized. A joint steering committee will be set up to guide and expand the cooperation across insurance, fintech and digital health services over the long term. This alliance indicates that PayPay is leaning further into financial services by embedding insurance and health-related offerings into its existing app ecosystem, which could deepen user engagement if execution is effective. Investors may want to monitor how quickly integrated products roll out in the app, how users adopt them and whether regulatory or data-privacy requirements affect the pace or scope of AI-driven services.
Buy Or Sell Opportunity • Jun 10Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to US$13.45. The fair value is estimated to be US$17.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
Seeking Alpha • Jun 09PayPay: Below The IPO Price, But Not Clearly UndervaluedSummary PayPay Corporation is rated Hold as its current valuation already reflects strong growth and profitability, despite recent share price weakness. PAYP's payments segment delivered 23% GMV growth and doubled segment profit, with operating leverage driving a 29% adjusted EBITDA margin. Financial services are emerging as a second profit engine but introduce new risks such as credit exposure and regulatory scrutiny. While PAYP trades at a premium to peers on sales and EBITDA, the lack of a clear margin of safety tempers upside potential. I rate PayPay a Hold with a positive bias. Read the full article on Seeking Alpha
속보 • Jun 06PayPay Expands Into Insurance With Planned 70.2% Stake in T&D Financial LifePayPay plans to acquire a 70.2% stake in T&D Financial Life Insurance from T&D Holdings, with the deal expected to close in October next year. The company aims to broaden its offering beyond daily payments by adding life insurance to its suite of financial services. Management has indicated an ambition to cover more stages of customers’ financial lives, spanning payments, insurance and asset management. This move signals a push toward a more integrated financial services platform, which could change the profile of PayPay’s revenues over time as insurance and asset-related products are added. Investors may want to watch how PayPay manages regulatory requirements, capital needs and operational integration as it brings a life insurer under its umbrella.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$15.74, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Diversified Financial industry in the US. Simply Wall St's valuation model estimates the intrinsic value at US$17.70 per share.
공시 • Jun 02PayPay Corporation, Annual General Meeting, Jun 29, 2026PayPay Corporation, Annual General Meeting, Jun 29, 2026, at 09:01 Tokyo Standard Time. Location: yotsuya tower 1-6-1, yotsuya, shinjuku-ku, tokyo Japan
Buy Or Sell Opportunity • Apr 30Now 29% overvaluedThe stock has been flat over the last 90 days, currently trading at US$22.14. The fair value is estimated to be US$17.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 92%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 1.1% per annum over the same time period.
Buy Or Sell Opportunity • Apr 14Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at US$22.19. The fair value is estimated to be US$17.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 92%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are forecast to decline by 5.4% per annum over the same time period.
New Risk • Apr 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 5.8% per year for the foreseeable future. Minor Risk High level of debt (139% net debt to equity).
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$23.04, the stock trades at a forward P/E ratio of 2246x. Average forward P/E is 10x in the Diversified Financial industry in the US.
공시 • Mar 12PayPay Corporation has completed an IPO in the amount of $879.795424 million.PayPay Corporation has completed an IPO in the amount of $879.795424 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 41,237,214 Price\Range: $16 Discount Per Security: $0.6 Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 13,750,000 Price\Range: $16 Discount Per Security: $0.6 Transaction Features: Sponsor Backed Offering
Board Change • Mar 12Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Part Time Independent Outside Director Paul Kaname Yonamine was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.