SoftBank's subsidiary PayPay's IPO in the United States has performed steadily, and it is still considering a dual listing.

After SoftBank Group's electronic payment company PayPay completed an $880 million IPO listing in New York, its CEO stated that the company remains open to a dual listing on the Tokyo Stock Exchange. The American depositary receipts of this leading Japanese payment app closed the first day of trading in New York up 14% at $18.16, higher than the $16 offering price, giving the company a valuation of $12.1 billion. This IPO is the largest by a Japanese company in the United States in a decade, and it is a significant positive for SoftBank and its telecommunications subsidiary. PayPay CEO Ichiro Nakayama said in an interview that while listing in the US is necessary for the company's growth at the moment, they will still consider a listing in Japan in the future. "We have not ruled out this option at all," he said.