Sbi Holdings Incorporated · TSE:8473
Sbi — Sbi Holdings Inc Ord — Q3 2026 Earnings Presentation
87 slides from Sbi's earnings presentation, Feb 5, 2026
Slide 1: SBI Holdings, Inc. Financial Results
Strategic Business Innovator SBI Holdings, Inc. Financial Results For the Nine-Month Period Ended December 31, 2025 (Fiscal Year Ending March 31, 2026) February 4, 2026
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: Agenda
I. Nine-Month(9M) FY2025 Consolidated Performance Overview II. Progress toward targets set in the mid-term vision III. Business strategy striving toward mid- to long- term business expansion and organizational building accordingly [Unauthorized reproduction is prohibited] 2
Slide 4: I. Nine-Month FY2025 Consolidated Performance Overview
I. Nine-Month(9M) FY2025 Consolidated Performance Overview [Unauthorized reproduction is prohibited] 3
Slide 5: Consolidated Performance Overview
[Consolidated Performance Overview] • Revenue increased 47.0% year-on-year to JPY 1,489.7bn, profit before income tax expense rose 141.6% to JPY 433.3bn, each marking a record high for 9M results • In profit before income tax expense, the Financial Services Business and the Asset Management Business
Slide 6: 9M FY2025 Consolidated Performance (IFRS)
9M FY2025 Consolidated Performance (IFRS) [Year-on-year comparison] (JPY million) 9M FY2024 9M FY2025 YoY % (Apr.-Dec. 2024) (Apr.-Dec. 2025) change Revenue 1,013,394 Record high 1,489,658 *1 +47.0 Profit before income tax 179,378 Record high *1 433,315 +141.6 expense Profit for the period 129,790 3
Slide 7: Comparison of 9M Profit with Major Securities Groups
Comparison of 9M Profit Attributable to Owners of the Company with Major Securities Groups (JPY million) 9M FY2024 9M FY2025 YoY % (Apr.-Dec. 2024) (Apr.-Dec. 2025) change SBI Holdings (IFRS) 101,157 349,136 +245.1 NOMURA HOLDINGS (US-GAAP) 268,766 288,196 +7.2 Daiwa Securities Group (J-GAAP) 124,41
Slide 8: SBI Group's Market Capitalization
SBI Group’s Market Capitalization (As of February 3, 2026) SBI Group Equity Market Capitalization Market Capitalization SBI Holdings JPY 2.2804tn ― Consolidated subsidiaries and equity method associates in total JPY 2.6407tn JPY 1.5258tn SBI Shinsei Bank JPY 1.6795tn JPY 1.1847tn SBI Global Asset Ma
Slide 9: 9M FY2025 Performance by Segment (IFRS)
9M FY2025 Performance by Segment (IFRS) [Year-on-year comparison] Profit Before Income (JPY million) Revenue Tax Expense 9M FY2024 9M FY2025 YoY % 9M FY2024 9M FY2025 YoY % (Apr. 2024 - (Apr. 2025 – (Apr. 2024– (Apr. 2025– Dec. 2024) Dec. 2025) change Dec. 2024) Dec. 2025) change Financial Services
Slide 10: Status of Acquire Company's Own Shares
Status of Acquire Company’s Own Shares Announced on Feburary 2, 2026 Number of shares 10,688,300 shares acquired Total cost of shares JPY 36,113,287,500 acquired Period for share From December 2, 2025 to January 30, acquisition 2026 (Based on the trade date) (Reference) Resolutions passed at the Boa
Slide 11: Shareholder Benefits Awarded This Fiscal Year
Similar to Last Fiscal Year, Shareholders Benefits will also be Awarded This Fiscal Year [Details of shareholder benefits] *Shareholders listed or recorded in the shareholder register as of March 31, 2026, are eligible Qualified Shareholders who have held shares For shareholders other than on the le
Slide 12: Market Value of Shareholder Benefits (XRP)
The Market Value of Shareholder Benefits (XRP) Relative to the Average Acquisition Price is Currently over Four Times From the end of Mar. 2020 when the shareholder benefits in XRP began, a total of six distributions have been made so far (In case of a value is equivalent to JPY8,000) 816XRP (In c
Slide 13: Business Overview of Each Business Segment
[Business Overview of Each Business Segment] [Unauthorized reproduction is prohibited] 12
Slide 14: 1. Financial Service Business
1. Financial Service Business [Financial Service Business Consolidated Results (IFRS)] (JPY million) 9M FY2024 9M FY2025 YoY (%) (Apr. 2024 – Dec. 2024) (Apr. 2025 – Dec. 2025) Record Revenue 867,351 high 1,215,236 +40.1 Profit before income Record tax expense 169,701 high 321,317 +89.3 Breakdown of
Slide 15: Financial Services Business: Banking Business
1. Financial Services Business: (1) Banking Business [Major constituent companies] SBI Shinsei Bank Group, SBI ARUHI, SBI SAVINGS BANK (South Korea), SBI Bank (Russia), SBI LY HOUR BANK (Cambodia), TPBank (Vietnam), Solaris SE (Germany) etc. [Business Highlights] • On Oct. 2, 2025, in response to a
Slide 16: SBI Shinsei Bank 9M FY2025 Consolidated Performance
1. (1) Banking Business: SBI Shinsei Bank SBI Shinsei Bank 9M FY2025 Consolidated Performance [J-GAAP] Note: Units are rounded down to second decimals YoY (JPY billion) 9M FY2024 9M FY2025 change(%) Gross operating profit 227.4 249.6 +10 Ordinary business profit 102.9 118.1 +15 Profit before income
Slide 17: Retail Accounts and Total Deposit Balances at SBI Shinsei Bank
1. (1) Banking Business: SBI Shinsei Bank Number of Retail Accounts and Total Deposit Balances at SBI Shinsei Bank (10 thousand (JPY tn) accounts) Dec. 2021 Total amount of deposits (Left) 417 Joined the SBI Group Number of accounts (Right) 20 387 400 18 16.9 353 16 14.6 316 14 304 11.5 300 12 9.9 1
Slide 18: SBI Hyper Yokin Sweep Account
1. (1) Banking Business: SBI Shinsei Bank “SBI Hyper Yokin,” a Sweep Account with SBI SECURITIES Launched by SBI Shinsei Bank on Sept. 23, 2025, Demonstrates High Customer Retention and Functions as a Highly Effective Deposit Acquisition Channel • By just transferring funds from an SBI Shinsei Bank
Slide 19: SBI Shinsei Bank's Operating Assets
1. (1) Banking Business: SBI Shinsei Bank SBI Shinsei Bank’s Operating Assets (JPY trillion) 18 Dec. 2021 Joined the SBI Group 17.0 16 14.3 3.2 Marketable securities 14 Other 0.4 11.4 0.5 Overseas business 12 0.6 Showa Leasing 10.3 Structured 2.2 finance 10 8.1 Institutional 8 Business 5.4 Corporate
Slide 20: Asset-Light and Asset-Recycling Business Model
1. (1) Banking Business: SBI Shinsei Bank SBI Shinsei Bank Promotes Strengthening of Asset-Light and Asset-Recycling Business Model Origination (Project Structuring) Distribution (Sales of Loan Receivables) Cumulative for Q3 FY2025: JPY 13,842.5bn (*) Cumulative for Q3 FY2025: JPY 594.7bn Borrowers
Slide 21: Business Alliance MOU with Norinchukin Bank and KKR
1. (1) Banking Business: SBI Shinsei Bank SBI Shinsei Bank Signs Memorandum of Understanding for Business Alliance with Norinchukin Bank and U.S.-Based Kohlberg Kravis Roberts & Co. L.P. (KKR) -Strengthening SBI Shinsei Bank’s Functions as a Platformer- Norinchukin Bank (Announced on Nov. 13, 2025)
Slide 22: Performance of SBI SAVINGS BANK
1. (1) Banking Business: SBI SAVINGS BANK(South Korea) Performance of SBI SAVINGS BANK (Profit Before Income Tax Expense ) 9M FY2024 9M FY2025 (JPY million) YoY(%) (Apr. – Dec. 2024) (Apr. – Dec. 2025) IFRS 12,637 16,327 +29 • In addition to securing interest margins through the resumption of the ac
Slide 23: Financial Services Business: Securities Business
1. Financial Services Business: (2) Securities Business [Major constituent companies] SBI SECURITIES, SBI Liquidity Market, SBI FXTRADE, SBI MONEYPLAZA, Osaka Digital Exchange, SBI Thai Online Securities (Thailand), SBI Royal Securities (Cambodia), BNI Sekuritas (Indonesia), FPT Securities (Vietnam)
Slide 24: SBI SECURITIES 9M FY2025 Consolidated Results
1.(2) Securities Business: SBI SECURITIES 9M FY2025 Consolidated Results (J-GAAP) [Year-on-year comparison] (Unit: JPY million) 9M FY2024 9M FY2025 YoY change (Apr. 2024 – Dec. 2024) (Apr. 2025 – Dec. 2025) (%) Operating Revenue 178,426 Record high 207,183 +16.1 Net Operating Revenue 159,131 Record
Slide 25: SBI SECURITIES Revenue Breakdown After ZERO Revolution
1.(2) Securities Business: SBI SECURITIES Steadily Expands its Revenue Even after the “ZERO Revolution” [Comparison of SBI SECURITIES’ Consolidated Operating Revenue (Net Sales) Breakdown] (JPY million) 207,183 220,000 Other revenues 178,426 23 (0.0%) 200,000 19 (0.0%) 180,000 151,734 85,658 Financi
Slide 26: Quarterly Revenues at SBI SECURITIES
1.(2) Securities Business: Quarterly Revenues at SBI SECURITIES Continues to be Robust [Comparison of SBI SECURITIES’ Consolidated Operating Revenue (Net Sales) Breakdown] YoY （JPY million） 80,000 78,349 +25.0% 8 62,676 66,724 Others 70,000 60,441 62,109 7 7 7 60,000 8 29,436 Financial revenues 19,1
Slide 27: Open Interest Credit Balance and Financial Revenues
1.(2) Securities Business: Open Interest Credit Balance and Financial Revenues of SBI SECUIRITIES Achieved an All-Time High [Open Interest Credit Balance (EoM)] [Financial Revenue] Record high ■ Of which from margin trading (JPY billion) End of 3Q FY2025 (JPY million) 2,500 End of 3Q FY2024 35,000 J
Slide 28: Order Routing to Japannext PTS
1.(2) Securities Business: SBI SECURITIES Implemented Order Routing to Japannext (JNX) PTS for New Orders in General Margin Trading starting on Jan. 13 • Enhance price improvement effects for customers by introducing SOR (Smart Order Routing) logic that directs new general margin trading orders to t
Slide 29: Primary and Secondary Underwriting Business
1.(2) Securities Business: SBI SECURITIES is Strengthening its Primary and Secondary Underwriting Business for Stocks and Bonds IPO Underwriting Ranking (Apr. 2025 – Dec. 2025) For 9M fiscal year ending Mar. 2026, SBI SECURITIES served as lead manager for 8 48 companies were listed during Apr. to De
Slide 30: Investment Trust Fees Reach Record High
1.(2) Securities Business: Investment Trust Fees of SBI SECURITIES Reached a Record High, Driven by an Increase in Investment Trust Balance - Monthly investment savings deposits approach JPY 300bn - [SBI SECURITIES’ Quarterly [Investment Trust Fees] Record (JPY trillion) Investment Trust Balance] (J
Slide 31: Largest Number of Securities Accounts in the Industry
1.(2) Securities Business: SBI Group Holds the largest Number of Securities Accounts in the Industry <Number of Securities Accounts of the SBI Group and Major Face-to-face Securities Companies> (Thousand End of Dec. 2025 (end of Mar. 2009 - end of Mar. 2025) accounts) SBI 16,000 Sept. 30, 2023 14,09
Slide 32: AUM of SBI SECURITIES Exceeds JPY 62tn
1.(2) Securities Business: AUM of SBI SECURITIES Exceeds JPY 62tn -Targeting JPY 100tn in AUM by Mar. 31, 2029- Change in AUM* (End of 3Q FY2020 - End of 3Q FY2025) JPY 100tn (JPY trillion) Start of ZERO Revolution (September 2023) 70 *Includes AUM at FOLIO and SBI Neotrade Securities YoY JPY 62.5tn
Slide 33: Share of Individual Stock Trading Value
1.(2) Securities Business: Driven by the Expansion of its Customer Base, SBI SECURITIES has Significantly Increased its Share of Individual Stock Trading Value, Reaching a Dominant Market Position <Trend in Share (quarter) of Individual <(of which) Trend in Share (quarter) of Stock Trading Value*> I
Slide 34: iDeCo Customer Numbers Leadership
1.(2) Securities Business: SBI SECURITIES Continues to Enhance the Convenience of its Individual-Type Defined Contribution Pension (iDeCo) and Maintains its Position as The Industry Leader in Cumulative Customer Number <Cumulative Number of Customers <Initiatives at SBI SECURITIES> (subscribers & tr
Slide 35: Financial Services Business: 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 [Business highlights] • For 9M FY2025, consolidated results for the SBI Insurance Group (J-
Slide 36: SBI Insurance Group's Consolidated Performance
1. (3) Insurance business： SBI Insurance Group’s Consolidated Performance (Preliminary Figures) *Final consolidated figures for 9M FY2025 to be released on February 12 Consolidated results for 9M FY2025 (J-GAAP) 9M FY2024 9M FY2025 YoY change (JPY million) (Apr. 2024 – Dec. 2024) (Apr. 2025 – Dec. 2
Slide 37: SBI Insurance Group's In-Force Contracts
1. (3) Insurance business： SBI Insurance Group’s Total Number of In-Force Contracts CAGR 12.4% (End of Mar. 2016 to end of Dec. 2025) End of Apr. 2025 Surpassed 3m Sept. 2023, SBI (million contracts) Pet SSI joined the contracts! Sept. 2020, SBI JOGUCHI Group 3.50 June 2019, SBI SAFETY SSI 2.99 3.12
Slide 38: Kyobo Life Insurance Equity-Method Affiliate
1. (3) Insurance Business: Completion of the Conversion of Kyobo Life Insurance into an Equity-Method Affiliate, with Expected Contributions to the Insurance and Overseas Businesses • In Dec. 2025, the SBI Group obtained approval from the South Korean financial authorities, which was a prerequisite
Slide 39: 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 Okasan Asset Management (SBIGAM subsidiary) [Asset Management Business Consolidated Results (IFRS)] (JPY million) 9M FY20
Slide 40: Consolidated Results of SBI Global Asset Management
2. Asset Management Business： Consolidated Results of SBI Global Asset Management (J-GAAP) (JPY million) 9M FY2024 9M FY2025 YoY change (Apr. - Dec. 2024) (Apr. - Dec. 2025) (%) Revenue 8,562 Record High 15,824 +84.8 Ordinary income 2,064 Record High 3,202 +55.1 Profit attributable to Owners of the
Slide 41: Group Reorganization in Asset Management Business
2. Asset Management Business： Group Reorganization Implemented in the Asset Management Business -Strengthening collaboration toward the early achievement of JPY 20tn in AUM- SBI Okasan Asset Management was consolidated as a subsidiary in Sept. 2025. In addition, SBI RHEOS HIFUMI was absorbed through
Slide 42: Comprehensive Asset Management Product Offering Framework
2. Asset Management Business： SBI Group Establishes a Comprehensive Asset Management Product Offering Framework as a Next-generation Total Asset Platformer through Alliances with Leading Overseas Companies Traditional Assets（JV） Alternative（JV） Active management Active Digital Assets management Alte
Slide 43: SBI Group's AUM Reached About JPY 13tn
2. Asset Management Business： SBI Group’s AUM Reached to About JPY 13tn -Targeting AUM of JPY 20 trillion by the end of FY2027- （JPY billion） 129,173 13,000 SBI Okasan 12,000 ← Asset Management 11,000 JPY 2,175.0bn 10,000 RHEOS 9,000 ← CAPITAL WORKS 8,000 JPY 1,533.0bn 7,000 SBI Global Asset 6,000 ←
Slide 44: 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, including the Private Credit Business [PE Investment Business Consolidated Results (IFRS)] (JPY million) 9M FY202
Slide 45: Distribution of XRP (Partly Held by Ripple)
3. PE Investment Business Distribution of XRP (Partly Held by Ripple) [Burned] (Amount burned as transaction fees) Approx. 0.01bn XRP [XRP circulated in the market] Max Approx. 60.85bn XRP supply: (Market Capitalization: approx. JPY 15.4tn) [Actual XRP] 100bn [Current Ripple’s holdings Approx. 5.24b
Slide 46: IPOs and M&As of Investee Companies
3. PE Investment Business: IPOs and M&As of the SBI Group’s Investee Companies*1 FY2024 Results FY2025 Prospects Number of IPO・ M&A deals 20 17 During the fiscal year, 14 companies realized stock listings EXIT Date Investee company Market EXIT Date Investee company Market TPEx May 8, 2025 Innostar S
Slide 47: Assets Under Management of the SBI Group
3. PE Investment Business: Assets Under Management of the SBI Group (As of the end of Dec. 2025) (Excluding JPY 343.5bn of both cash Private equity, etc. JPY 1,089.6bn (*1) and commitment amount to be paid in) (*2) Breakdown of operating investment Balance Breakdown of operating Balance securities b
Slide 48: 4. Crypto-asset Business
4. Crypto-asset Business [Major constituent companies / business] SBI VC Trade, BITPoint Japan, B2C2 [Crypto-asset Business Consolidated Performance (IFRS)] (Unit: JPY million) 9M FY2024 9M FY2025 YoY(%) (Apr. 2024–Dec. 2024) (Apr. 2025–Dec. 2025) Record Revenue 62,849 high 72,082 +14.7 Profit befor
Slide 49: SBI VC Trade to Absorb BITPoint Japan
4. Crypto-asset Business： SBI VC Trade to Absorb BITPoint Japan through a Merger [Overview of the Merger] • An absorption-type merger with SBI VC Trade as the surviving company • The merger date (effective date) is scheduled for April 1, 2026 • For the time being, a structure will be maintained that
Slide 50: Combined Accounts for SBI VC Trade and BITPOINT
4. Crypto-asset Business： Trends in the Combined Number of Accounts for SBI VC Trade and BITPOINT (Thousand accounts) 2,000 March 2025 DMM Bitcoin accounts and 1,855 1,790 custodial assets transferred 1,706 1,650 to SBI VC Trade 1,500 Total deposit balance of SBI VC Trade and BITPOINT is approx. JPY
Slide 51: Crypto Asset Shareholder Benefit Programs for Listed Companies
4. Crypto-asset Business： SBI VC Trade Supports Shareholder Benefit Programs Utilizing Crypto Assets for Listed Companies Crypto Company Market Start asset TSE Prime 2019 XRP • Supporting corporate TSE Prime 2020 XRP shareholder benefit programs • Distributing crypto assets to TSE Growth 2025 XRP sh
Slide 52: 5. Next Gen Business
5. Next Gen Business [Major constituent businesses] Biotechnology, Healthcare & Medical Informatics businesses and other businesses including Web3, Mynavi Corporation [Next Gen Business Segment Consolidated Performance (IFRS)] (JPY million) 9M FY2024 9M FY2025 YoY change (Apr. 2024 – Dec. 2024) (Apr
Slide 53: II. Progress toward targets set in the mid-term vision
II. Progress toward targets set in the mid- term vision [Unauthorized reproduction is prohibited] 52
Slide 54: Vision for the 30th Anniversary (FY2028)
[Re-posting] Vision for the 30th Anniversary (FY2028) of our Founding <Key Indicators of the New Medium-term Vision> (Announced on May 9, 2025) (Reference.)FY2024 FY2028 (Apr. 2024 -Mar. 2025) (Apr. 2028 -Mar. 2029) Results Targets Consolidated profit before income tax 282.3bn 500.0bn expense SBI Gr
Slide 55: Toward 100 Million Customer Base
Toward 100 Million Customer Base, Beginning Aggregation of Customer Bases for Overseas Financial Services Businesses (Thousand) Breakdown of the Customer Base 80,326 (as of the end of Dec. 2025) *1,2 (Thousand) 80,000 76,469 78,362 SBI SECURITIES, FOLIO, and SBI Neotrade Securities (No. of accounts)
Slide 56: Overseas Business Share of Profit Before Income Tax
Overseas Business*1 Accounted for Approximately 14.7%*2 of the SBI Group’s Consolidated Profit Before Income Tax Expense for the 9M FY2025 Profit before income tax expense for Full-Year Target for FY 2028 9M FY2025 Kyobo Life Insurance： Organic：JPY 90bn JPY 19.6bn*3（4.3%） When added up : Overseas： J
Slide 57: Achieving 30% Overseas Ratio via Vertical Integration
To Achieve a 30% Overseas Ratio in Consolidated Profit before Income Tax Expense, Group Companies both Domestically and Internationally will Strengthen Vertical Integration within each Business Segment • Previously, collaboration was limited to individual countries or regions • With an eye toward ex
Slide 58: III. Business strategy for mid- to long-term expansion
Ⅲ. Business strategy striving toward mid- to long-term business expansion and organizational building accordingly Following the proposition that “structure follows strategy” advocated by Alfred D. Chandler Jr., SBI Group establishes organizations and structures aligned with business strategies and i
Slide 59: Fundamental Principle: Leveraging Technological Superiority
SBI Group’s Fundamental Principle: Expand the Business by Leveraging Technological Superiority through the Rapid Adoption of Technological Advances – Technological Innovation Comes from Venture Companies – Three processes of the SBI Group’s Mechanism within the SBI Group basic strategy for startup i
Slide 60: Strategy 1: Company-wide Introduction of AI
Strategy 1: Promoting company-wide introduction of AI to strategically transform the SBI Group into an AI-oriented organization [Background] • Rapidly evolving generative AI is becoming capable of even expert-level understanding • AI agents hold the potential to fundamentally change society by drast
Slide 61: Next-generation Management Model with Ridge-i
Organization Building for Strategy Execution: (1) SBI Group Strives towards Transformation into A Next-generation Management Model Where “AI Works, People Lead” through Collaboration with Ridge-I which is a strategic partner -Transformation of the management model through the integration of AI agent
Slide 62: SBI AI Agent for Cost Reform and New Revenue
Organization Building for Strategy Execution: (2) SBI Group Achieves both Cost Structure Reform and the Acquisition of New Revenue Streams through the Use of AI Agents - Simultaneously achieving “Aggressive Monetization” and “Defensive Operational Efficiency” by creating AI agents that reflect the v
Slide 63: Strategy 2: Blockchain On-chain Transformation of Capital Markets
Strategy 2: Leveraging Blockchain Technology, Pioneering the On-chain Transformation of The Entire Capital Market, from Issuance and Distribution to Settlement [Background] • The RWA tokenization market is rapidly expanding, marking the arrival of the token economy in which tokens are used for tradi
Slide 64: Shinsei Trust & Banking Renamed SBI Shinsei Trust & Banking
Organization Building for Strategy Execution: (1) Shinsei Trust & Banking Renamed to SBI Shinsei Trust & Banking [Overview of the Corporate Name Change] At its Board of Directors meeting held on Dec. 18, 2025, Shinsei Trust & Banking Co., Ltd. resolved, subject to regulatory approval, to change its
Slide 65: SBI Shinsei Trust & Banking and SBI VC Trade Ecosystems
Organization Building for Strategy Execution: (2) SBI Shinsei Trust & Banking and SBI VC Trade Bridging the Digital Space Ecosystem and the Traditional Financial Ecosystem By expanding SBI VC Trade’s licenses, the path toward becoming a digital bank is clarified, enabling service offerings that span
Slide 66: Strategic Partnership with Startale Group
Organization Building for Strategy Execution: (3) Strategic Partnership with Startale Group which is a Strategic Partner • Startale Group (CEO: Sota Watanabe) is a Japan-based global fintech company with the mission of Build the Next Civilization by Bringing the World Onchain • SBI Group partners wi
Slide 67: Partnership with SMBC on Yen-Denominated Stablecoins
Organization Building for Strategy Execution: (4) Formed a Partnership with SMBC in the Area of Yen-Denominated Stablecoins Business Alliance [Sumitomo Mitsui Financial Group] （Announced on August 22, 2025） ①Issuance and circulation of stablecoins in Japan Developing a reliable stablecoin backed by
Slide 68: Strategy 3: Financial Super App Initiative
Strategy 3: Promoting the Financial Super App Initiative to Dramatically Enhance Customer Convenience and Further Expand the Customer Base [Background] • Among leading overseas financial institutions and SNS platformers with massive customer bases, such as JP Morgan and X (formerly Twitter), the tra
Slide 69: Corporate Network Expansion and Open Alliance Strategy
Organization Building for Strategy Execution: (1) Expansion of the Corporate Network through the Formation of a Business Ecosystem and an Open Alliance Strategy Neo-media Business PE Investment Crypto-asset Business Business Securities Asset Next Gen Management [SBI SECURITIES] Business Business [My
Slide 70: Collaboration with the NTT Group
Organization Building for Strategy Execution: (2) Oriented Toward Collaborative Relationship with the NTT Group That Extends Beyond Finance since the Conclusion of the Capital and Business Alliance Agreement Capital and Business Alliance Agreement: May 29, 2025 Asset management [SBI SECURITIES] Secu
Slide 71: SBI Neo Financial Platform Super App
Organization Building for Strategy Execution: (3) Establishment of “SBI Neo Financial Platform” to Develop a Super App Integrating the SBI Group’s Financial Functions 95% 5% SBI Group possesses all financial functions within its group, with the internet as main channels, including SBI SECURITIES,
Slide 72: Agreement with Chubu Electric Power Miraiz and FPaaS
[Specific Initiatives] Basic Agreement with Chubu Electric Power Miraiz Co., Inc. and on the Development of New Services Utilizing the “Comprehensive Financial Platform” and Ongoing Discussions toward Alliances with Major Infrastructure Companies Through the financial super app, each company within
Slide 73: Strategy 4: Building SBI Neo-media Ecosystem
Strategy 4: Building SBI Neo-media Ecosystem to Further Penetrate SBI Brand, Create New Customers, and Strengthen Marketing and Development of New Products and Services in Digital Fields [Background] • Existing media lag behind the internet among the younger generation, not only as a source of infor
Slide 74: Neo-media Ecosystem Based on Five Fields
Organization Building for Strategy Execution: (1) Building SBI Neo-media Ecosystem Based on Five Fields to Generate Synergies with Financial and Digital Space Ecosystems SBI Neo-Media Ecosystem Talent Advertising Agency/Production Content Media IP Agency Company/Event Company Fund Synergy Synergy Sy
Slide 75: Expanding Neo-media Ecosystem via Alliances and Acquisitions
Organization Building for Strategy Execution: (2) SBI Group Rapidly Expands SBI Neo-media Ecosystem by Promoting Capital and Business Alliances and Acquisitions Announcement Date Company Name Main Business Form of Alliance June 13, BLISSOO IP production Alliance 2025 July 18, Became an equity- TWIN
Slide 76: In-House Agency Operational Structure for Advertising
Organization Building for Strategy Execution: (3) Building In-House Agency Operational Structure to Improve Efficiency of Advertising Operations within the SBI Group • SBI Group’s advertising operations (totaling JPY 25bn to JPY 30bn) are currently dispersed among approximately 30 advertising agenci
Slide 77: Strategy 5: Fourth Megabank Initiative
Strategy 5: Accelerating the “Fourth Megabank Initiative,” Promoted by the SBI Group with SBI Shinsei Bank, as Its Core, toward the Realization of Regional Revitalization [Background] • For the revitalization of the Japanese economy, regional revitalization represents the most critical challenge, wi
Slide 78: Framework for Regional Revitalization Initiatives
Organizational alignment for strategy execution: (1) SBI Group Establishes a Framework that Enables the Deployment of Multifaceted Initiatives Contributing to Regional Revitalization by Mobilizing the Group’s Collective Strength Including SBI Neo-media Ecosystem Regional financial Regional Local Reg
Slide 79: Next-generation Banking System Adoption at SBI Shinsei Bank
SBI Shinsei Bank Decides to Adopt the Cloud-based Accounting System for Financial Institutions, the “Next-generation Banking System” -Targeting Operational Launch between 2H FY2029 and 1H FY2030- [The Fukushima Bank] [Kirayaka Bank] [THE SENDAI BANK] Launched in Next-generation Banking System Adopti
Slide 80: Initiatives with Strategic Capital and Business Alliance Banks
Organizational alignment for strategy execution: (2) Promote Initiatives with Strategic Capital and Business Alliance Banks Going Forward, with Varying Degrees of Intensity based on Factors such as Investment Ratios and the Level of Ongoing Communication (Including the Sharing of Key Customer Inform
Slide 81: Regional Banks Achieving Synergy: The Shimane Bank
Regional Banks Closely Collaborating with the SBI Group are Achieving Highly Significant Synergy Outcomes Case Study: The Shimane Bank (SBI Group Voting Rights Ratio: 34.52%) Six years since the capital and business alliance started in Sept. 2019, Shimane Bank’s deposits have increased by approx.
Slide 82: Termination of Alliance with THE CHIKUHO BANK
Termination of Capital and Business Alliance Between SBI Holdings and THE CHIKUHO BANK (Originally Signed on Jan. 17, 2020; Effective on Dec. 24, 2025) - Considering the termination of various alliances previously supported by the SBI Group, including co-managed store operations and DC businesses -
Slide 83: Reference materials
[Reference materials] [Unauthorized reproduction is prohibited] 82
Slide 84: Trading Revenue of SBI SECURITIES
Trading Revenue of SBI SECURITIES (consolidated) FX revenue, etc. (JPY million) Crypto asset trading revenue Others (revenue through foreign currency bond, etc) 50,000 46,624 45,000 43,696 40,560 40,000 35,242 37,180 35,000 25,545 30,000 23,277 19,542 14,933 21,308 25,000 2,209 20,000 455 15,000 10,
Slide 85: Expanding iDeCo and Corporate-type DC
Striving to Further Expand iDeCo and Corporate- typed DC, Which is Contracted by SBI Benefit Systems, as a Strategic Product SBI SECURITIES made administrative fees for iDeCo to be completely free of charge on May 19, 2017, to further expand iDeCo business Corporate type DC has more than 20,000
Slide 86: Number of Companies and Employees of the SBI Group
2. Overview of the Group Number of Companies and Employees of the SBI Group (Consolidated) Number of Group Companies End of Mar. 2025 End of Dec. 2025 Consolidated subsidiaries (companies) 635 684 Consolidated partnerships (partnerships) 61 59 Total consolidated subsidiaries (companies) 696 743 Equi
Slide 87: https://www.sbigroup.co.jp
https://www.sbigroup.co.jp [Unauthorized reproduction is prohibited] 86