FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Idezawa Takeshi		 2. Date of Event Requiring Statement (MM/DD/YYYY)
3/18/2026 

 3. Issuer Name and Ticker or Trading Symbol

PayPay Corp [PAYP]
(Last)        (First)        (Middle)

YOTSUYA TOWER
1-6-1, YOTSUYA, SHINJUKU-KU		 4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                          _____ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

TOKYO JAPAN 160-0004      

(City)              (State)              (Zip/Postal Code)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
JAPAN
(Country)

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		2. Amount of Securities Beneficially Owned
(Instr. 4)		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)		2. Date Exercisable and Expiration Date
(MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:

Remarks:
Exhibit 24 - Power of Attorney.
No securities are beneficially owned.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Idezawa Takeshi
YOTSUYA TOWER
1-6-1, YOTSUYA, SHINJUKU-KU
TOKYO
JAPAN
160-0004
JAPAN 		X
Signatures
/s/ Ayako Fujimoto, as Attorney-in-Fact3/18/2026
**Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
* Form 3: SEC 1473 (03-26).

 

Exhibit 24

 

POWER OF ATTORNEY

 

 

Know all by these presents that the undersigned, does hereby make, constitute and appoint each of Ayako Fujimoto, Hirotoshi Yamaoka, Mayumi Nagao, Yuh Sarah Steele, and Kaori Sugiyama, or any one of them, as a true and lawful attorney-in-fact of the undersigned with full powers of substitution and revocation, for and in the name, place and stead of the undersigned (in the undersigned’s individual capacity), to execute and deliver such forms that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned’s ownership of, or transactions in, securities of PayPay Corporation (i) pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended, including, without limitation, statements on Form 3, Form 4 and Form 5 (including any amendments thereto) and (ii) pursuant to Rule 144 under the Securities Act of 1933, as amended, including, without limitation, notices on Form 144 (including any amendments thereto). The Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, 5 or 144 with regard to their ownership of, or transactions in, securities of PayPay Corporation, unless earlier revoked in writing. The undersigned acknowledges that Ayako Fujimoto, Hirotoshi Yamaoka, Mayumi Nagao, Yuh Sarah Steele, and Kaori Sugiyama are not assuming any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended, or Rule 144 under the Securities Act of 1933, as amended.

 

 

 

By:

/s/ Takeshi Idezawa

 

 

Name: Takeshi Idezawa

 

 

 

Date: March 18, 2026