Worth reading
57In focus
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
16
米ドル／ADSWording
Conditional
How definitive the wording is.Details of issuance or disposal
米国預託株式の米国内での新規公開における募集および売出し
発行・処分する株式数
54,987,214ADS（PayPayによる募集31,054,254ADS、SVF II Piranha (DE) LLCによる売出し23,932,960ADS）
US$16 per ADS
Conditions on transfer restrictions
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
Transfer restriction period
最終目論見書の日付から30日間（オーバーアロットメント対応のための追加購入オプション）
Offering structure
Underwriter / lead underwriter
Goldman Sachs & Co. LLCJ.P. MorganMizuho Securities USA LLCMorgan Stanley & Co. LLC
Overallotment
追加購入オプション最大8,248,081ADS
Payment date
2026年3月13日（米国時間）に完了予定
Impact on Business Performance
本新規公開は当社の連結業績または財政状態に重要な影響を及ぼすことはない見込み
| Item | Details |
|---|---|
| Type of issuance or disposal | 米国預託株式の米国内での新規公開における募集および売出し |
| Number of shares to be issued or disposed of | 54,987,214ADS（PayPayによる募集31,054,254ADS、SVF II Piranha (DE) LLCによる売出し23,932,960ADS） |
| Issue price and disposal price | US$16 per ADS |
| Payment date | 2026年3月13日（米国時間）に完了予定 |
| Transfer restriction period | 最終目論見書の日付から30日間（オーバーアロットメント対応のための追加購入オプション） |
| Underwriter / lead underwriter | Goldman Sachs & Co. LLC, J.P. Morgan, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC |
| Overallotment | 追加購入オプション最大8,248,081ADS |
| Impact on Business Performance | 本新規公開は当社の連結業績または財政状態に重要な影響を及ぼすことはない見込み |
Items this document does not state (20)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.公開価格を決定したことおよび新規公開の予定を知らせるため。会社は、本新規公開が当社の連結業績または財政状態に重要な影響を及ぼすことはない見込みとしている。
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.