Paypay Corp balance sheet

At the end of fiscal 2026, Paypay Corp had total assets of $32.54bn, total liabilities of $29.83bn and shareholders' equity of $2.48bn. It held $2.28bn in cash against $3.55bn of debt: net debt of $1.27bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Paypay Corp: balance sheet, annual
Fiscal year	2024Mar 2024	2025Mar 2025	2026Mar 2026
Cash and equivalents	4.9	2.5	2.3
Goodwill	—	0.1	0.1
Total assets	—	27.0	32.5
Total debt	0.0	2.7	3.6
Total liabilities	—	25.5	29.8
Shareholders' equity	1.3	0.7	2.5
Non-controlling interests and other (assets − liabilities − equity)	—	0.8	—
Net debt (negative = net cash)	−4.9	0.2	1.3

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Paypay Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Paypay Corp.