Sbi Holdings Incorporated · TSE:8473
Sbi — Sbi Holdings Inc Ord — Q1 2025 Earnings Presentation
106 slides from Sbi's earnings presentation, Aug 1, 2025
Slide 1: SBI Holdings, Inc. Financial Results
Strategic Business Innovator SBI Holdings, Inc. Financial Results for the Three-month Period Ended June 30, 2025 (Fiscal Year Ending March 31, 2026) July 31, 2025
Slide 2: Disclaimer
The items in this document are provided as information related to the financial results and the business strategy of the SBI Group companies and not as an invitation to invest in the stock or securities issued by each company. The business collaboration with SBI Shinsei Bank described in this docume
Slide 3: I. Consolidated financial results for the three-month period ended June 30, 2025
I. Consolidated financial results for the three-month period ended June 30, 2025 [Unauthorized reproduction is prohibited] 2
Slide 4: 1Q FY2025 Consolidated Performance (IFRS)
1Q FY2025 Consolidated Performance (IFRS) [Year-on-year comparison] (Unit: JPY million) 1Q FY2024 1Q FY2025 YoY change (%) (Apr. 2024 - June 2024) （Apr. 2025 – June 2025) Record Revenue 330,541 high *1 443,189 +34.1 Profit before income tax 51,748 Record high *1 90,352 +74.6 expense Profit for the p
Slide 5: Comparison of Quarterly Net Profit with Major Securities Groups
Comparison of Quarterly Net Profit Attributable to Owners of the Company with Major Securities Groups (Unit: JPY million) 1Q FY2024 1Q FY2025 YoY change (Apr. 2024 - June 2024) （Apr. 2025 – June 2025) (%) SBI Holdings （IFRS） 21,372 84,605 +295.9 NOMURA HOLDINGS （US-GAAP） 68,938 104,565 +51.7 Daiwa S
Slide 6: Consolidated Performance Overview
[Consolidated Performance Overview] • Revenue increased 34.1% year-on-year to JPY 443.2bn, profit before tax expense rose 74.6% to JPY 90.4bn, and quarterly net profit attributable to owners of the company grew 295.9% to JPY 84.6bn, each marking a record high for a first quarter • In profit before t
Slide 7: 1Q FY2025 Performance by Segment (IFRS)
1Q FY2025 Performance by Segment (IFRS) [Year-on-year comparison] (Unit: JPY million) Revenue Profit before Income Tax Expense 1Q FY2024 1Q FY2025 YoY 1Q FY2024 1Q FY2025 YoY (Apr. 2024– (Apr. 2025– (Apr. 2024– (Apr. 2025– change (%) change (%) June 2024) June 2025) June 2024) June 2025) Financial S
Slide 8: Positive Impact on Consolidated Results for FY2025
Positive Impact on Consolidated Results for FY2025 SBI Holdings will sell its entire stake(34.19%) in SBI Sumishin Net Bank to NTT DOCOMO (scheduled to be completed in October 2025) • NTT will invest 8.19% (JPY110.8bn) in SBIH so that the SBI Group can continue to support SBI Sumishin Net Bank eve
Slide 9: Business Overview of Each Business Segment
[Business Overview of Each Business Segment] [Unauthorized reproduction is prohibited] 8
Slide 10: 1. Financial Service Business
1. Financial Service Business [Financial Service Business Consolidated Results (IFRS)] (Unit: JPY million) 1Q FY2024 1Q FY2025 YoY change (%) （Apr. 2024 – June 2024） （Apr. 2025 – June 2025） Revenue 292,822 Record high 382,105 +30.5 Profit before income tax expense 63,805 Record high 70,019 +9.7 Brea
Slide 11: Financial Services Business: (1) Banking Business
1. Financial Services Business: (1) Banking Business [Major constituent companies] SBI Shinsei Bank Group, SBI ARUHI, Overseas banks including SBI SAVINGS BANK [Unauthorized reproduction is prohibited] 10
Slide 12: SBI Shinsei Bank 1Q FY2025 Consolidated Performance
1-（1） Banking Business: SBI Shinsei Bank SBI Shinsei Bank 1Q FY2025 Consolidated Performance [JGAAP] YoY (Unit: JPY billion) 1Q FY2024 1Q FY2025 change (%) Gross operating profit 72.9 87.0 +19 Ordinary business profit 30.9 43.2 +39 Profit before income tax expense 36.4 36.6 +0 Profit attributable to
Slide 13: Continuation of Partnership with SBI Sumishin Net Bank Following Share Transfer to NTT DOCOMO
1-（1） Banking Business: SBI Sumishin Net Bank Continuation of Partnership with SBI Sumishin Net Bank Following Share Transfer to NTT DOCOMO, INC. Under the capital and business alliance agreement with NTT,Inc., SBI Holdings will sell its entire stake (34.19%) in SBI Sumishin Net Bank to NTT DOCOMO
Slide 14: Performance of SBI SAVINGS BANK
1-（1） Banking Business: SBI SAVINGS BANK(South Korea) Performance of SBI SAVINGS BANK (Profit Before Income Tax Expense ) (Unit: JPY 1Q FY2024 1Q FY2025 YoY million) (Apr. 2024–June 2024) (Apr. 2025–June 2025) change(%) IFRS 4,297 5,210 +21 Performance improved due to continued expansion of intere
Slide 15: Changes in Indicators of SBI SAVINGS BANK After Becoming a Subsidiary
1-（1） Banking Business: SBI SAVINGS BANK(South Korea): Changes in Indicators of SBI SAVINGS BANK After Becoming a Subsidiary (K-GAAP) (KRW Delinquency rate 100 million) * Converted at KRW 1 = JPY 0.11 (%) for all loans Total Assets 180,000 51.6％ KRW 14,204.2bn 160,000 (Approx. JPY 1,562.5bn) 50 140,
Slide 16: Financial Services Business: (2) Securities Business
1. Financial Services Business: (2) Securities Business [Major constituent companies] SBI SECURITIES, SBI Liquidity Market, SBI FXTRADE, SBI MONEYPLAZA, PTS operating companies, overseas securities subsidiaries, etc. [Business highlights] • For SBI SECURITIES’ consolidated results (J-GAAP) for 1Q FY
Slide 17: SBI SECURITIES 1Q FY2025 Consolidated Results (J-GAAP)
1.(2) Securities Business: SBI SECURITIES 1Q FY2025 Consolidated Results (J-GAAP) [Year-on-year comparison] (Unit: JPY million) 1Q FY2024 1Q FY2025 YoY change (Apr. 2024 – June 2024) (Apr. 2025 – June 2025) (%) Operating Record Revenue 56,751 high 62,109 +9.4 Net Operating Record Revenue 51,058 high
Slide 18: SBI SECURITIES Revenue Increase by Diversifying Revenue Sources
1.(2) Securities Business: SBI SECURITIES Achieved Revenue Increase by Strengthening and Diversifying its Revenue Sources [Comparison of SBI SECURITIES’ Consolidated Operating Revenue (Net Sales) Breakdown ] YoY (JPY million) 62,109 +9.4% 56,751 7 (0.0％) Others 60,000 6 (0.0％) 50,000 24,079 (38.8％)
Slide 19: Financial Services Business: (3) Insurance Business
1. Financial Services Business: (3) Insurance Business [Major constituent companies] SBI Insurance Group (SBI Insurance, SBI Life Insurance, Small-amount short-term insurance companies), LY HOUR SBI Insurance, Kyobo Life Insurance (planned) [Business highlights] • For 1Q FY2025, consolidated results
Slide 20: SBI Insurance Group's Consolidated Performance
1. (3) Insurance business： SBI Insurance Group’s Consolidated Performance (Preliminary Figures) * Final consolidated figures for 1Q FY2025 to be released on August 7 Consolidated results for 1Q FY2025 (J-GAAP) 1Q FY2024 1Q FY2025 YoY change (Unit: JPY million) （Apr. 2024 – June 2024） (Apr. 2025 – Ju
Slide 21: SBI Insurance Group's Total Number of In-Force Contracts
1. (3) Insurance business： SBI Insurance Group’s Total Number of In-Force Contracts CAGR （End of Mar. 2016 – End of June 2025 ） 15.4% End of Apr. 2025, Surpassed 3 (Million Contracts) Sept. 2023 million contracts! SBI Pet SSI Co., Sept. 2020 Ltd.* Joined the 3.5 SBI JOGUCHI Group 2.99 3.03 SAFETY SS
Slide 22: Advance Create to Be Accounted for Under the Equity Method
1. (3) Insurance business： Advance Create Co., Ltd., the Operator of the Insurance Comparison Website “Hoken Ichiba”, is Scheduled to Be Accounted for Under the Equity Method (Voting right stake: 20.03 %) SBI Holdings will subscribe to the third-party allotment of shares by Advance Create Advance Cr
Slide 23: 2. Asset Management Business
2. Asset Management Business [Major constituent companies] SBI Global Asset Management (SBIGAM), SBI Asset Management (SBIGAM subsidiary), Wealth Advisor (SBIGAM subsidiary), SBI RHEOS HIFUMI, SBI Okasan Asset Management [Asset Management Business Consolidated Results (IFRS)] 1Q FY2024 1Q FY2025 YoY
Slide 24: Consolidated Results of SBI Global Asset Management
2. Asset Management Business： Consolidated Results of SBI Global Asset Management (J-GAAP) 1Q FY2024 1Q FY2025 YoY change (Unit: JPY million) (Apr. 2024–June 2024) (Apr. 2025–June 2025) (%) 2,843 2,844 +0.03 Record Revenue High 735 793 +7.9 Record Ordinary income High Profit attributable to Owners o
Slide 25: Results for SBI RHEOS HIFUMI and SBI Okasan Asset Management
2. Asset Management Business： Financial Results for SBI RHEOS HIFUMI and SBI Okasan Asset Management Consolidated Results (J-GAAP) 1Q FY2024 1Q FY2025 YoY change (Unit: JPY million) （Apr. 2024 – June 2024） （Apr. 2025 – June 2025） （%） Operating Revenue 2,848 2,776 -2.5 Ordinary Profit 575 441 -23.3 P
Slide 26: Planning Internal Reorganization to Bolster Profitability
2. Asset Management Business： Planning Internal Reorganization to Bolster Profitability Amid Asset Management Industry Shifts Establishing a new structure led by SBI Global Asset Management, with a dual focus on “Asset Management” and “Investment Education Advisory Services” to drive rapid AUM growt
Slide 27: SBI Group's AUM Reached JPY 11 Trillion
2. Asset Management Business： SBI Group’s AUM Reached to JPY 11 Trillion -Targeting AUM of JPY 20 Trillion by the End of FY2027- （JPY billion） JPY 11,116.9bn 12000 （+5.6%YoY） 11000 SBI Okasan Asset Management SBI Okasan Asset 10000 SBI RHEOS HIFUMI ← Management JPY 1,778.5bn 9000 SBI Global Asset Ma
Slide 28: 3. PE Investment Business
3. PE Investment Business*1 [Major constituent companies/businesses] SBI Investment, SBI Shinsei Corporate Investment, SBI Regional Business Investment, Overseas PE investment companies [PE Investment Business Consolidated Results (IFRS)] (Unit: JPY million) 1Q FY2024 1Q FY2025 YoY change (Apr. 2024
Slide 29: IPOs and M&As of the SBI Group's Investee Companies
3. PE Investment Business IPOs and M&As of the SBI Group’s Investee Companies FY2024 Results FY2025 Prospects Number of IPO・ M&A deals 20 22 During the fiscal year, 3 companies realized IPO EXIT Date Investee company Market TPEx May 8, 2025 Innostar Service, Inc. (OTC market) May 14, 2025 eToro Grou
Slide 30: 4. Crypto-asset Business
4. Crypto-asset Business [Major constituent companies / business] SBI VC Trade, BITPoint Japan, B2C2, HashHub, crypto asset mining business [Crypto-asset Business Consolidated Performance (IFRS)] 1Q FY2024 1Q FY2025 YoY change (Unit: JPY million) (Apr. 2024- June 2024) (Apr. 2025- June 2025) (%) Rev
Slide 31: Trends in the Number of Customers on the Crypto Asset Exchanges
4. Crypto-asset Business： Trends in the Number of Customers on the Crypto Asset Exchanges [Sum of SBI VC Trade and BITPOINT accounts] 1,650 1,706 (Thousand accounts) Total deposit balance of SBI VC Trade 1,500 and BITPOINT is approx. JPY 870bn *As of July 29, 2025 (SBI VC Trade alone surpassed JPY 6
Slide 32: Enhanced Intra-group Collaboration to Expand Customer Base
4. Crypto-asset Business： In Order to Expand Customer Base, the Group Has Further Enhanced Intra-group Collaboration Exapmples Since March 31, 2020, SBI Holdings and since September 30, 2019, SBI Global Asset Management have started to provide crypto asset XRP to shareholders as a benefit Effect
Slide 33: 5. Next Gen Business
5. Next Gen Business [Major constituent businesses] Biotechnology, Healthcare & Medical Informatics businesses and other businesses including Web3 [Next Gen Business Segment Consolidated Performance (IFRS)] (Unit: JPY million) 1Q FY2024 1Q FY2025 YoY change (Apr. 2024 – June 2024) (Apr. 2025 – June
Slide 34: II. Key topics impacting our current results
II. Key topics impacting our current results 1. SBI Shinsei Bank repaid its public funds today (July 31, 2025) and is advancing strongly toward its share re-listing and the realization of the “Fourth Mega Bank Concept” 2. In the PE Investment Business, concentrated investments in cutting-edge techno
Slide 35: SBI Shinsei Bank repaid its public funds
1. SBI Shinsei Bank repaid its public funds today (July 31, 2025) and is advancing strongly toward its share re-listing and the realization of the “Fourth Mega Bank Concept” -SBI Shinsei Bank submitted listing application to Tokyo Stock Exchange on July 11, 2025- [Unauthorized reproduction is prohib
Slide 36: SBI Shinsei Bank Completed Repayment of Public Funds
SBI Shinsei Bank Completed Repayment of Remaining JPY 230 Billion in Public Funds on July 31, 2025, with SBI Holdings Funding the Full Amount -In a mere 3.5 years since the Bank joined the Group (December 2021), the approximately JPY 350 billion remaining public funds injected in 1998 has been fully
Slide 37: Fourth Megabank Concept with SBI Shinsei Bank at Its Core
SBI Group is Fully Committed to Thoroughly Advancing the “Fourth Megabank Concept,” with SBI Shinsei Bank at Its Core, to Ensure the Bank’s Further Growth “Fourth Megabank Concept” Seeking to establish a wide-area regional platform with SBI Shinsei Bank as its core within the SBI Group by improvin
Slide 38: Collaborative Ecosystems with Regional Economies
SBI Group Establishes Collaborative Ecosystems with Regional Economies Centered on Regional Financial Institutions as a “Wide-area Regional Platformer” with SBI Shinsei Bank at Its Core Collaboration/ Financial Services/ Asset Management Cooperation Local PE Investment Business Businesses Local Busi
Slide 39: Asset Recycling Business Model through the Fourth Megabank Concept
SBI Shinsei Bank Thoroughly Promotes the Strengthening of Its Asset Recycling Business Model through the “Fourth Megabank Concept” Origination Distribution (Financing/Lending) (Sales of Loan Receivables) Borrowers (customers) Investors Financing/ Loan Institution Lending Receivables Regional financi
Slide 40: Start of Operations for Next Generation Accounts System
[Start of Operations for Next Generation Accounts System ] [Unauthorized reproduction is prohibited] 39
Slide 41: Cloud-Based Accounts System for Regional Financial Institutions
A Cloud-Based Accounts System for Regional Financial Institutions Jointly Developed by SBI Group and Future Architect, Inc. Started Operating at The Shimane Bank on July 22, 2025, Following its Rollout at The Fukushima Bank -System costs are shifted from fixed to variable through an annual fee model
Slide 42: PE Investment Business Entering the Realization Phase
2. In the PE Investment Business, concentrated investments in cutting- edge technology sectors made over the past decade have entered the realization phase Financial Services Business and the PE Investment Business are the two main drivers of the SBI Holdings’ consolidated performance [Unauthorized
Slide 43: PE Investment Cycle of Harvesting and Sowing
PE Investment Business Has Achieved Sustainable Growth and Profit Contribution through a Cycle of “Harvesting” and “Sowing” Harvesting investment returns Sowing seeds for the future Flagship funds are sequentially Concentrated investment in innovative approaching the realization phase, technologies
Slide 44: Promising Portfolio Companies in Digital Assets Listed Successively
Promising Portfolio Companies in the Digital Asset Domain are Being Listed Successively Contribution to 1Q profit Example 1) Circle Internet Group (U.S. -based) JPY Of which, 35.1bn PE Investment Business: JPY 21.3bn The issuer of USDC, one of the world’s largest U.S. Financial Service dollar-back
Slide 45: Investment Balances Have Grown More than 2.8 Times Over Five Years
Investment Balances Have Grown More than 2.8 Times Over the Past Five Years, With the Cutting-edge Technology Sector More than Tripling [Breakdown of Operating Investment Securities by Industries] As of the end of March 2019 As of the end of June 2025 (20th anniversary) JPY 195.4bn JPY 86.2bn invest
Slide 46: Significant Gains Expected Once Ripple Stake Valuation Is Clarified
Significant Gains Expected Once Valuation of Stake in Ripple (9%) is Clarified Through IPO or an Equivalent Event, but Not Reflected in Current Quarter’s PE Investment Business Results [Ripple’s business activities] Ripple Payments RLUSD • International remittance solution utilizing • A US dollar-ba
Slide 47: Distribution of XRP, Partly Held by Ripple
Distribution of XRP, Partly held by Ripple [Burned] (Amount burned as Escrow: A function in transaction fees) which XRP tokens Approx. 10m XRP provided on XRP Ledger are locked, and their use or [XRP circulated destruction prohibited, in the market] until certain Max Approx. 59.24bn XRP conditions a
Slide 48: SBI Digital Space Fund Completed JPY 100 Billion Capital Raise
“SBI Digital Space Fund” Has Completed a JPY 100 Billion Capital Raise, Making it One of the Largest-Scale Fundraising in Japan -Sowing seeds for further growth through investments from this fund- Fundraising completed in June with investments from leading domestic institutional investors and a wide
Slide 49: Foundation for 30 Million Securities Accounts
3. Laying the foundation for achieving 30 million securities accounts by establishing a secure and safe trading environment and vigorously promoting the expansion of customer base through the open alliance strategy (1) Thoroughly strengthening measures against unauthorized access and phishing scams
Slide 50: Strengthening Measures Against Unauthorized Access and Phishing
(1) Thoroughly strengthening measures against unauthorized access and phishing scams to protect the peace of mind and trust of our customers and safeguard their valuable assets [Unauthorized reproduction is prohibited] 49
Slide 51: SBI SECURITIES' Main Measures Against Unauthorized Access
SBI SECURITIES’ Main Measures Against Unauthorized Access to Date Since July 2021 Device authentication adopted and strongly recommended to all customers First in the industry to adopt FIDO authentication and strongly recommended to all Since Oct. 2021 customers to use Since Oct. 2022 Device authent
Slide 52: Multi-Factor Authentication Ahead of the Industry
SBI SECURITIES is Ahead of the Industry in Introducing Various Types of Multi-Factor Authentication Device authentication [Already implemented in July 2021] Unauthorized access from devices other than the registered devices(PC, smartphone) is prevented (Target channel: website) FIDO (smartphone)
Slide 53: Compensation for Accounts Hacked Through Phishing Scams
Gradual Start to Compensation for Damages to Accounts Hacked Through Phishing Scams [Compensation Details] Compensation will be decided based on the situation of each individual customer ・ Cash compensation based on 50% of damages will be incurred ・ Full refund of all fees and commissions related
Slide 54: Face-to-face Securities Companies vs SBI SECURITIES Compensation
Major Face-to-face Securities Companies and SBI SECURITIES (Online Securities) Differ Significantly in their Compensation Situations Major Face-to-face Securities Companies SBI SECURITIES（Online Securities） In general, fraudulently traded shares Compensation Some cash compensation for losses will be
Slide 55: Hybrid and Face-to-Face Support Channels
Offer Support Through Hybrid (Remote) and Face-To- Face Channels for Customers Who Find It Difficult to Configure Security Settings Online [Online Channel] Customers using the Internet course who find it difficult to configure security settings on their own are guided [SBI SECURITIES] to hybrid or f
Slide 56: Open Alliance Strategy to Acquire Customers
(2) Endeavor to establish an overwhelming customer base by acquiring excellent customers from alliance partners through the powerful promotion of the open alliance strategy ① Expansion of new alliances ・NTT Group ・au Financial Group ② Deepening of existing alliances ・SMBC Group ・Japan Airlines [Unau
Slide 57: Endeavor to Achieve 30 Million Securities Accounts
SBI Group Will Endeavor to Achieve 30 Million Securities Accounts as soon as Possible Achievement of 30m accounts [Image] Expand new alliances Further develop efforts of existing alliances New alliance, M&A Etc. 5m accounts Acquisition of New & young customers Existing 3m accounts alliance 14.09m 3m
Slide 58: Highest Number of Securities Accounts in the Industry
SBI Group Boasts the Highest Number of Securities Accounts in the Industry -Progress rate toward 30 million accounts is 48%- <Number of Securities Accounts of the SBI Group and Major Face-to-face Securities Companies> End of June 2025 (Thousand accounts) (end of Mar. 2009 – end of June 2025) SBI 16,
Slide 59: Increased Share of Individual Stock Trading Value
Driven by the Expansion of its Customer Base, the SBI Group has Significantly Increased its Share of Individual Stock Trading Value, Reaching a Dominant Market Position <Trend in Share (quarter) of <(of which) Trend in Share (quarter) of Individual Stock Trading Value*> Individual Margin Trading Val
Slide 60: Expansion of new alliances
① Expansion of new alliances [Unauthorized reproduction is prohibited] 59
Slide 61: New Banking-securities Collaboration with NTT DOCOMO
① Expansion of new alliances: NTT Group A New Banking-securities Collaboration Service will be Launched between SBI SECURITIES, SBI Sumishin Net Bank and NTT DOCOMO SBI SECURITIES plans to offer services such as investment using d POINTs and accumulation-type fund investment through d CARDs for cust
Slide 62: PTS Utilizing IOWN
① Expansion of new alliances: NTT Group Seek to Develop a PTS (Private Trading System) Utilizing IOWN® Which the NTT Group is Research and Developing IOWN® (Innovative Optical and Wireless Network) Next-generation communications and computing infrastructure based on optical technology. By replacing
Slide 63: Business Alliance Discussions with au Financial Group
① Expansion of new alliances: au Financial Group SBI SECURITIES and au Financial Group Begins Discussions on Business Alliance in the Retail Sector [SBI SECURITIES] (Announced on July 30, 2025) [au Financial Group] Major au Financial Group Companies (as of thr end of March 2025) Number of active mem
Slide 64: Deepening of existing alliances
② Deepening of existing alliances [Unauthorized reproduction is prohibited] 63
Slide 65: Financial Intermediary Accounts with SMBC Group Growing Rapidly
② Deepening of existing alliances: SMBC Group Financial Intermediary Accounts with the SMBC Group at SBI SECURITIES is Showing Rapid Growth Alongside with the Spread of Olive Financial Intermediary Accounts with the SMBC Group (Sumitomo Mitsui Bank, Sumitomo Mitsui Credit Card) at SBI SECURITIES Jul
Slide 66: Sumitomo Mitsui Card Accumulation Amount and Accounts Increased
② Deepening of existing alliances: SMBC Group Sumitomo Mitsui Card’s Set Accumulation Amount and Number of Accounts Has Increased for the Multi-Card Strategy Through Open Alliance • SBI SECURITIES allows customers to make accumulation type investment in investment trusts using credit cards from eigh
Slide 67: New Company with SMBC Group
② Deepening of Existing Alliances: SMBC Group Provide the SBI Group’s Financial Products and Services to Clients of Both Groups Through the New Company’s Manned Consulting and Digital Services New company • Manned consulting service [SBI SECURITIES] • Financial products and services • Digital servic
Slide 68: MONEY SQUARE HOLDINGS to Be Jointly Acquired with JAL
② Deepening of existing alliances: Japan Airlines MONEY SQUARE HOLDINGS, which Provides the FX Automated Trading Service “Toraripi,” will be Jointly Acquired by SBI Liquidity Market and Japan Airlines (JAL) Acquisition due to Investment conclude in early August Investment Approx. 66.6% 2025 Approx.
Slide 69: Alternative Investment Products as New Growth Drivers
4. In the Asset Management Business, emphasis is placed on offering a diverse range of alternative investment products as new growth drivers [Unauthorized reproduction is prohibited] 68
Slide 70: Alternative Investment Products with Global Firms ①
Providing Alternative Investment Products to Domestic Investors Through Partnerships With Leading Global Firms ① ‣ SBI Asset Management is currently offering the publicly offered investment trust "SBI-Man Liquid Trend Fund," which is managed using a trend-following strategy by Man Group, one of the
Slide 71: Alternative Investment Products with Global Firms ②
Providing Alternative Investment Products to Domestic Investors Through Partnerships With Leading Global Firms ② ‣ KKR, which boasts the world’s largest private equity AUM*, provides investment insights on KIT, based on which SBI Asset Management manages a private fund for domestic institutional inv
Slide 72: Product Development: Private Credit Strategy Fund
Driving Product Development that Captures Emerging Asset Management Needs ① Launch of a Private Credit Strategy Fund Incorporating 55- Products from Leading Global Alternative Asset Managers 75% “SBI Alternative High-Income Select Fund” (Quarterly Dividend Type) Expected Net Yield (after fees): 7.25
Slide 73: Product Development: Thematic Fund on Innovative Technologies
Driving Product Development That Captures Emerging Asset Management Needs ② Launch of a Thematic Fund Investing in Companies With Innovative Technologies Such as Web3, Quantum Computing, and Nuclear Fusion “SBI Next-Generation Technology Equity Fund” Established and Managed by SBI Asset Management W
Slide 74: Planned Crypto-asset-linked Investment Trusts and ETFs
Driving Product Development That Captures Emerging Asset Management Needs ③ Planning to Launch Crypto-asset-linked Investment Trusts and ETFs Upon Regulatory Approval The Financial Services Agency (FSA) has released a report on “Review of the Regulatory Framework for Crypto-Assets” and is considerin
Slide 75: Crypto-assets Focus on Stablecoins
5. In the crypto-assets domain, business development is being actively advanced with a focus on stablecoins (1) In the U.S. House of Representatives, the week beginning July 14 was designated “Crypto Week,” during which three significant bills were enacted (2) US Doller-backed stablecoins also contr
Slide 76: US Crypto Week and Three Significant Bills
(1) In the U.S. House of Representatives, the Week Beginning July 14 Was Designated “Crypto Week,” During which Three Significant Bills Were Enacted -In the U.S., the regulatory framework for digital assets continues to advance steadily- ①GENIUS Act was signed into law by President Trump on July 18
Slide 77: US Dollar-backed Stablecoins and US Treasuries
(2) US Doller-backed Stablecoins also Contribute to Maintaining Stability of US Treasuries and the US Dollar’s Reserve Currency Regime Improving the efficiency and soundness of the economy and public finances using blockchain Increasing demand for the dollar and U.S. Treasuries using dollar-base
Slide 78: Business Expansion with USD-backed and JPY-backed Stablecoins
(3) SBI Group Seeks Business Expansion with Two Types of Stablecoins: USD-backed and JPY-backed [USD-backed stablecoin] Expand USDC’s use cases in Japan through a JV with Circle Seek to begin handling RLUSD issued by Ripple within this fiscal year Circulating USD-backed stablecoins within Japa
Slide 79: Proposals for Japan's Crypto Asset Regulatory Environment
(4) Our Proposals for Japan’s Crypto Asset Regulatory Environment [Key Issues with the Current Domestic Crypto Asset Regulations] Crypto assets are defined as “payment instruments” under the Payment Services Act, but are treated as “investment asset class” in practice Cumulative progressive tax
Slide 80: Neo-media Ecosystem
6. Neo-media business steadily advancing toward the establishment of a Neo-media ecosystem （1） Building Neo-media ecosystem centered on SBI NEO MEDIA HOLDINGS （2） Promoting capital and business alliances and acquisitions to expand the Neo-media ecosystem （3） Establishment of a JPY 100 billion conten
Slide 81: Building Neo-media Ecosystem Centered on SBI NEO MEDIA HOLDINGS
(1) Building Neo-media Ecosystem Centered on SBI NEO MEDIA HOLDINGS On July 23, Takami Kondo, representative of NEXYZ.Group Co., Ltd., was appointed as Vice Chairman and participated in the management of SBI NEO MEDIA HOLDINGS as a strategic partner responsible for entertainment and media strategy C
Slide 82: Capital and Business Alliances and Acquisitions in Neo-media
(2) Promoting Capital and Business Alliances and Acquisitions to Expand the Neo-media Ecosystem Multiple projects are underway in each area, and in order to prioritize speed, they will initially be consolidated under SBI Holdings, with plans to later transfer them to the newly established content fu
Slide 83: Capital and Business Alliance with TWIN PLANET
Recent Example: Basic Agreement for Capital and Business Alliance with TWIN PLANET TWIN PLANET combines IP management and marketing functions to develop a diverse range of businesses that maximize IP value Represents a varied range of talent including Atarashii Gakko! (co- managed), Nako Yabuki, N
Slide 84: JPY 100 Billion Content Fund
(3) Establishment of a JPY 100 Billion Content Fund Focused on Investments in the Media Sector The content fund selectively invests in companies with strong IP in the content and media fields, including AI-related areas [Expected investment areas for the fund] Select and invest in IP utilizing the k
Slide 85: SB Creative to Release Book by Yoshitaka Kitao
On August 28, SB Creative will Release “The Day Finance, Media and IT Converge” “The Day Finance, Media and IT Converge” (Author: Representative of the SBI Group, Yoshitaka Kitao) Finance is transcending its traditional boundaries and merging with IT, media, real estate, education, and more to creat
Slide 86: Reference materials
[Reference materials] [Unauthorized reproduction is prohibited] 85
Slide 87: SBI Shinsei Bank
1. SBI Shinsei Bank [Unauthorized reproduction is prohibited] 86
Slide 88: Retail Accounts and Total Deposit Balances at SBI Shinsei Bank
1. SBI Shinsei Bank： Number of Retail Accounts and Total Deposit Balances at SBI Shinsei Bank (10 thousand (JPY trillion) accounts) Dec. 2021 Total amount of deposits (Left) 395 18 Joined the SBI Group Number of accounts (Right) 387 400 16 353 15.2 14.6 14 316 304 12 11.5 300 9.9 10 8 6.3 6 200 4 2
Slide 89: SBI Shinsei Bank's Operating Assets
1. SBI Shinsei Bank： SBI Shinsei Bank’s Operating Assets (JPY trillion) Dec. 2021 16 Joined the SBI Group 14.9 14.3 14 Marketable securities 2.3 12 11.4 0.7 Other 0.5 Overseas business 10.3 0.6 Showa Leasing 10 2.1 Structured 8.1 finance 8 Institutional Business 4.7 Corporate 6 (corporations etc.) 4
Slide 90: SBI Shinsei Bank's Asset Management Product Balance
1. SBI Shinsei Bank： SBI Shinsei Bank’s Asset Management Product Balance Increased Steadily, Partly due to the Effect of Establishing “SBI Shinsei Wealth Management”, a Joint Store with SBI MONEYPLAZA, in All of the Branches for Individual Customers SBI Shinsei Bank and SBI MONEYPLAZA completed th
Slide 91: SBI SECURITIES
2. SBI SECURITIES [Unauthorized reproduction is prohibited] 90
Slide 92: Quarterly Revenues at SBI SECURITIES
2. Securities Business： Quarterly Revenues at SBI SECURITIES Have Remained Robust [Comparison of SBI SECURITIES’ Consolidated Operating Revenue (Net Sales) Breakdown] YoY （JPY million） 62,676 60,441 62,109 +9.4% 58,998 7 7 56,751 6 8 Others 60,000 6 19,196 50,000 24,079 Financial 20,076 22,015 24,71
Slide 93: Open Interest Credit Balance and Financial Revenues
2. Securities Business： Although the Open Interest Credit Balance Temporarily Declined, Financial Revenues Remained at Elevated Levels [Trend of Open Interest Credit Balance (EoM)] [Trend of Financial Revenue] (JPY billion) Aug. 2024 (JPY million) Historic plunge Apr. 2025 25,000 24,079 2500 in the
Slide 94: Trading Revenue of SBI SECURITIES
2. Securities Business： Trading Revenue of SBI SECURITIES (consolidated) (JPY million) FX revenue 18,000 Crypto asset trading revenue 16,000 Others (revenue through foreign currency bond, 15,644 etc) 14,000 13,781 12,962 12,847 12,000 Trading volume increased, 10,898 8,347 but average transaction va
Slide 95: Investment Trust Fees Reached Record High
2. Securities Business： Investment Trust Fees Reached Record High, Driven by an Increase in Investment Trust Balance -Monthly accumulation-type fund investments of approximately JPY 250 billion contributed to this performance- [SBI Securities’ Quarterly [Investment Trust Fees] Record (JPY trillion)
Slide 96: Highest IPO Underwriting Share in the Industry
2. Securities Business： SBI SECURITIES Has Been Maintaining the Highest IPO Underwriting Share in the Industry Since FY2012 -Steady growth in POs and corporate bond underwritings- IPO Underwriting Ranking (Apr. 2025 – June 2025) 11 companies were listed during Apr. 2025 to June 2025 SBI SECURITIES u
Slide 97: AUM of SBI Wrap Surpassed JPY 150 Billion
2. Securities Business： AUM of “SBI Wrap”, the Fully Automated Investment Service Powered by FOLIO’s AI Have Surpassed JPY 150 billion SBI SECURITIES and FOLIO jointly developed the fully automated asset management service “SBI Wrap” by leveraging “4 RAP”, the discretionary investment management pla
Slide 98: Over-the-counter CFD Service for Crypto Assets
2. Securities Business： Over-the-counter CFD Service for Crypto Assets is Scheduled to Launch at SBI SECURITIES in Late August 2025 -The exchange-traded CFD service “Click Kabu 365” Has Reached 1 million accounts- The exchange-traded CFD service Trend in Number of SBI SECURITIES’ the Exchange-traded
Slide 99: Expanding iDeCo and Corporate Typed DC
2. Securities Business： Striving to Further Expand iDeCo and Corporate Typed DC, which is Contracted by SBI Benefit Systems, as a Strategic Product Under the Pension Reform Act enacted in June 2025, the defined-contribution pension system will be revised within the next three years as follows: • The
Slide 100: Industry Leader in iDeCo Customers
2. Securities Business： SBI SECURITIES is the Industry Leader in the Cumulative Number of Individual Defined Contribution Plan (iDeCo) Customers <Cumulative Number of Customers (subscribers & transfers*) of iDeCo by Planning Administrator> (End of Nov. 2017 – End of May 2025) （Thousand） SBI SECURITI
Slide 101: PE Investment Business
3. PE Investment Business [Unauthorized reproduction is prohibited] 100
Slide 102: Assets Under Management of the SBI Group
3. PE Investment Business Assets Under Management of the SBI Group (As of the end of June 2025) （Excluding JPY 370.9bn of both cash Private equity, etc. JPY 936.3bn (*1) and commitment amount to be paid in) (*2) Breakdown of operating investment Balance Breakdown of operating Balance securities by I
Slide 103: Overview of the Group
4. Overview of the Group [Unauthorized reproduction is prohibited] 102
Slide 104: Counting Overseas Customers Towards 100 Million Customer Base
4. Overview of the Group Counting Overseas Financial Service Business Customers Towards 100 Million Customer Base Set in New Medium-term Vision Breakdown of the Customer Base (Thousand) (as of the end of June 2025) *1,2 (Thousand) SBI SECURITIES, SBI Neotrade 70,000 67,004 Securities, and FOLIO (No.
Slide 105: Number of Companies and Employees of the SBI Group
4. Overview of the Group Number of Companies and Employees of the SBI Group (Consolidated) Number of Group Companies End of Mar. 2025 End of June 2025 Consolidated subsidiaries (companies) 635 646 Consolidated partnerships (partnerships) 61 59 Total consolidated subsidiaries (companies) 696 705 Equi
Slide 106: https://www.sbigroup.co.jp
https://www.sbigroup.co.jp [Unauthorized reproduction is prohibited] 105