PayPay second-quarter profit drops 75% to 18.44 billion yen
PAYP•PayPay reported second-quarter profit of 18.44 billion yen, down 75% year over year. Revenue rose 28% to 118.12 billion yen, operating profit increased 62% to 33.17 billion yen, and profit attributable to owners fell 76% to 17.31 billion yen.
1. Quarterly results
For the three months ended September 30, 2026, PayPay's revenue climbed 28% year over year to 118.12 billion yen and operating profit jumped 62% to 33.17 billion yen. Profit attributable to owners fell 76% to 17.31 billion yen; the company also reported second-quarter profit of 18.44 billion yen, down 75%.
2. Planned acquisition
PayPay's planned acquisition of a 70.2% stake in T&D Financial Life Insurance for approximately 132 billion yen remains subject to closing conditions.
