PayPay (PAYP) Balance Sheet: Assets & Liabilities

PayPay (PAYP) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2026), PayPay reported total assets of JPY 5.18T and total liabilities of JPY 4.75T. Shareholders' equity was JPY 430.76B, up 92.5% from JPY 223.73B a year earlier. Total debt stood at JPY 637.96B against JPY 53.44B in cash and short-term investments, a net debt position of JPY 584.52B. That puts debt-to-equity at 1.48, compared with 2.16 a year earlier.

PayPay Balance Sheet Analysis

Values in trillions JPY

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for PayPay Corporation (PAYP) - Annual data in trillions JPY
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Current Assets
Cash and Cash Equivalents	0.05	0.14	0.74	0.86
Short-Term Investments	0.04	0.06	0.20	0.49
Cash & Short-Term Investments	0.05	0.14	0.94	0.86
Accounts Receivable	0.15	0.14	0.87	0.19
Inventory	0.00	0.00	0.00	0.00
Other Current Assets	0.01	0.01	0.33	0.28
Total Current Assets	3.18	2.78	2.14	2.65
Non-Current Assets
Property, Plant & Equipment (Net)	0.03	0.03	0.02	0.02
Long-Term Investments	1.75	1.08	0.59	0.00
Goodwill	0.02	0.02	0.01	0.01
Intangible Assets	0.07	0.07	0.06	0.06
Other Non-Current Assets	2.76	2.28	0.94	0.04
Total Non-Current Assets	3.12	2.18	1.66	0.64
Total Assets	5.18	4.04	3.81	3.29
Current Liabilities
Accounts Payable	1.12	0.95	0.81	0.67
Short-Term Debt	0.07	0.08	0.38	0.00
Accrued Liabilities	0.01	0.01	0.00	-
Other Current Liabilities	2.95	2.39	2.17	0.00
Total Current Liabilities	4.09	3.34	3.36	0.68
Non-Current Liabilities
Long-Term Debt	0.56	0.40	0.23	0.49
Deferred Tax Liabilities	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.08	0.06	0.02	1.92
Total Non-Current Liabilities	0.66	0.48	0.25	2.42
Total Liabilities	4.75	3.82	3.62	3.10
Stockholders' Equity
Common Stock	0.20	0.09	0.09	0.12
Retained Earnings	0.11	0.00	-0.04	-0.06
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00
Additional Paid-in Capital	0.09	0.01	0.01	0.02
Minority Interest	0.04	0.12	0.13	0.12
Shares Outstanding	0.00	0.00	0.00	0.00
Total Stockholders' Equity	0.43	0.22	0.07	0.07
Total Liabilities & Equity	5.18	4.04	3.81	3.29

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About PayPay Balance Sheet

How much debt does PayPay have?

PayPay had total debt of JPY 637.96B as of Mar 31, 2026, against JPY 53.44B in cash and short-term investments. Its debt-to-equity ratio was 1.48. Total debt was JPY 483.58B a year earlier.

What are PayPay's total assets?

PayPay reported total assets of JPY 5.18T as of Mar 31, 2026, up 28.1% from JPY 4.04T a year earlier. Total liabilities were JPY 4.75T.

What is PayPay's shareholders' equity?

PayPay's shareholders' equity was JPY 430.76B as of Mar 31, 2026, or about JPY 636.32 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition