• PayPay agreed to buy 70.2% of T&D Financial Life from T&D Holdings for JPY 131.99 billion in cash, funded from cash on hand.
• The deal also includes about JPY 2.35 billion of acquisition-related expenses, taking the estimated total to JPY 134.34 billion.
• Closing is scheduled for Oct. 1, 2027, subject to required approvals, an IFRS transition plan at T&D Financial Life, other closing conditions.
• One Investment Management plans a separate purchase of 14.9% via OneIM Indigo; PayPay said no voting or acquisition coordination is in place.
• A shareholders’ agreement is expected to give PayPay a call option on T&D Holdings’ remaining 14.9%, with a put option for T&D Holdings after three years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PayPay Corporation published the original content used to generate this news brief on June 04, 2026, and is solely responsible for the information contained therein.