You want to prove a statement of existence, so you want to find a number $z$ satisfying the conditions.
To do this, you can move things around in the $y-x=y/x$ expression; solving for $y$, you get $$y=\frac{x^2}{x-1}$$
This form encourages us to look at what happens when $x=1$.
When $x=1$, the initial expression $y-x=y/x$ becomes $$y-1=y/1 \\y-1=y \\ -1=0$$
We have found a value of $x$ such that there does not exist $y \in \Bbb R$ satisfying the expression. (This is actually the proof of the forward direction.)
So taking $z=1$, we could write the proof as follows:
Let $z=1$. We want to show that $\forall x \in \Bbb R^+$ there exists $y \in \Bbb R$ such that $y-x=\frac yx$ if and only if $x\neq 1$.
We showed above that $x=1$ implies that no such $y$ exists (because assuming it exists leads to the contradiction that $-1=0$), and in that way we proved the forward direction by contrapositive (and we proved the contrapositive by contradiction).
Now we show that backwards direction: Suppose $x\neq 1$. We want to find a number $y \in \Bbb R$ such that $y-x=\frac yx$.
But solving the expresion for $y$ we get $y=\dfrac{x^2}{x-1}$, which works, because $x\neq 1$.