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 FY2024 is ¥30.4 billion.

Business strategy

‘PayPay’ has more than 68 million registered users*1 and is one of the largest cashless payment services in Japan, accounting for approximately 64%*2 of the QR and barcode payment market of Japan in terms of total transaction volume in 2024. We will continue to expand the transaction volume of this service by increasing the number of monthly transaction users, payment value per transaction, and number of payments, and also aim to drive growth of other financial services by leveraging the strengths of ‘PayPay’ as a leading payment platform.

In addition, SB Payment Service Corp., providing payment processing services, will actively take in opportunities in areas other than telecommunication payment settlements of the Company (non-telecommunication areas), and aim to maximize its payment transaction volume.

[Notes]
  1. *1
    Cumulative number of users who have registered for an account (as of March 31, 2025)
  2. *2
    The share of ‘PayPay’ was calculated by SoftBank Corp. based on the publication, “Stats - Code Payment,” published by PAYMENTS JAPAN on March 14, 2025.

Competitive advantages

PayPay Corporation

The primary advantage of ‘PayPay’ is its product development capabilities, led by its own talented, multinational engineers from around the globe. By insisting on in-house development, it instantaneously adapts to changes in user needs while also continually enhancing security. In addition, utilizing its strong sales capabilities, it is building a network of merchants broadly throughout Japan. Another unique advantage of ‘PayPay’ is its marketing capabilities to roll out effective marketing tailored to the business phase.

In addition to making PayPay Card Corporation a wholly owned subsidiary in 2022, PayPay Corporation made PayPay Securities Corporation and PayPay Bank Corporation subsidiaries in April 2025. Leveraging a customer base of over 68 million users, we aim to expand usage of these financial services and drive earnings growth.

SB Payment Service Corp.

SB Payment Service Corp. provides payment services to a wide range of e-commerce businesses, both inside and outside of the Group. Payment transaction volumes were approximately ¥9.8 trillion in FY2024.

SB Payment Service Corp.'s strength in its business activities lies in its collaboration with Group companies. The Group operates in diverse fields such as telecommunications, e-commerce, QR and barcode payments, and social media, and has a large number of business partners and merchants. In addition to SB Payment Service Corp.'s own sales activities, it has dramatically increased the number of its merchants by offering a wide variety of payment services (credit card, QR code payments, electronic money, etc.) to the Group's partners and merchants to meet their various needs. Moreover, for the existing merchants, we aim to further increase the transaction volume per merchant by providing AI fraud detection services and store operation support services linked to ‘LINE’.

Business target

Segment income

Turn profitable by FY2025

(Progress in FY2024)
Achieved (FY2024 results: operating income ¥33.2 billion)