Sbi Holdings Incorporated · TSE:8473
Sbi — Sbi Holdings Inc Ord — Q1 2027 Earnings Presentation
62 slides from Sbi's earnings presentation, Jul 31, 2026
Slide 1: SBI Holdings, Inc. Financial Results
Strategic Business Innovator SBI Holdings, Inc. Financial Results for the Three-month Period Ended June 30, 2026 (Fiscal Year Ending March 31, 2027) July 31, 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. Consolidated financial results for the three-month period ended June 30, 2026 Ⅱ. Other key topics in April to July 2026 [Unauthorized reproduction is prohibited] 2
Slide 4: Consolidated financial results for the three-month period ended June 30, 2026
Ⅰ. Consolidated financial results for the three-month period ended June 30, 2026 [Unauthorized reproduction is prohibited] 3
Slide 5: 1Q FY2026 Consolidated Performance (IFRS)
1Q FY2026 Consolidated Performance (IFRS) (Unit: JPY billion) 1Q FY2025 1Q FY2026 YoY change (%) （Apr. 2025 – June 2025) （Apr. 2026 – June 2026) Record Revenue 443.2 high* 571.0 +28.8 Profit before income Record tax expense 90.4 high* 225.8 +149.9 Profit for the Record period 82.0 high* 156.8 +91.3
Slide 6: Comparison of Consolidated Performance with Major Securities Groups
Comparison of Consolidated Performance with Major Securities Groups(*1) Quarterly profit attributable to Profit before Income tax expense owners of the Company (JPY: billion) 1Q FY2025 1Q FY2026 YoY (%) 1Q FY2025 1Q FY2026 YoY (%) SBIHD (IFRS) 90.4 225.8 +149.9 84.6 148.1 +75.0 Nomura HD (US-GAAP) 1
Slide 7: 1Q FY2026 Performance by Segment (IFRS)
1Q FY2026 Performance by Segment (IFRS) [Year-on-year comparison] Revenue Profit before Income Tax Expense 1Q FY2025 1Q FY2026 1Q FY2025 1Q FY2026 YoY YoY (JPY billion) (Apr. 2025– (Apr. 2026– (Apr. 2025– (Apr. 2026– June 2025) June 2026) change (%) change (%) June 2025) June 2026) Financial Service
Slide 8: Interim Dividend per Share Scheduled to Be JPY30
The Interim Dividend per Share Is Scheduled to Be JPY30, an Increase of JPY10 from the Same Period Last Year In light of the strong performance of the Financial Services Business in 1Q FY2026 and the current favorable market conditions, SBIH has decided in advance to increase the interim dividend
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)] (JPY billion) 1Q FY2025 1Q FY2026 YoY (%) （Apr. 2025 – June 2025） （Apr. 2026 – June 2026） Record Revenue 384.8 high 404.8 +5.2 Profit before income Record tax expense 72.7 high 116.0 +59.5 Breakdown of Profit Befo
Slide 11: Financial Services Business: (1) 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 BANK (CAMBODIA), TPBank (Vietnam), Solaris SE (Germany) etc. [Business Highlights] • SBI Shinsei Bank (JGAAP) recorded year-on-
Slide 12: SBI Shinsei Bank 1Q FY2026 Consolidated Performance
1. (1) Banking Business: SBI Shinsei Bank SBI Shinsei Bank 1Q FY2026 Consolidated Performance [J-GAAP] Note: Units are rounded down to second decimals YoY (JPY billion) 1Q FY2025 1Q FY2026 change(%) Record Gross operating profit 87.0 high* 104.3 +20 Record Net operating profit before credit costs 43
Slide 13: SBI Shinsei Bank's Retail Accounts Reached a Record High
1. (1) Banking Business: SBI Shinsei Bank SBI Shinsei Bank’s Retail Accounts Reached a Record High, while Total Deposits Also Increased, Led by Liquid Deposits (10 thousand (JPY trillion) accounts) Total amount of deposits (Left) 446 20 Dec. 2021 Number of accounts (Right) 433 Joined the SBI Group 3
Slide 14: SBI Hyper Deposit, a Sweep Account
1. (1) Banking Business: SBI Shinsei Bank “SBI Hyper Deposit,” a Sweep Account Offered by SBI Shinsei Bank in Collaboration with SBI SECURITIES, Has Continued to Perform Strongly, with Both the Number of Accounts and Deposit Balances Increasing (JPY trillion) Significantly (thousand accounts) 1.6 SB
Slide 15: SBI Shinsei Bank's Operating Assets
1. (1) Banking Business: SBI Shinsei Bank SBI Shinsei Bank’s Operating Assets -Increased focus on corporate banking yielded positive results- 18.8 (JPY trillion) Dec. 2021 18.0 18 Joined the SBI Group Marketable securities 16 3.8 14.3 0.4 Other 14 Overseas business 0.5 Showa Leasing 12 11.4 0.6 Stru
Slide 16: Profitability Is Improving Amid Rising Domestic Interest Rates
1. (1) Banking Business: SBI Shinsei Bank Profitability Is Improving Amid Rising Domestic Interest Rates Interest Spread(Loan Interest Rate – Deposit Interest Rate)* The interest rate on Rate Hike Rate Hike Rate Hike corporate loans rose 0.25%→0.50% 0.50%→0.75% 0.75%→1.00% to 1.52%, tracking the p
Slide 17: Fourth Megabank Concept and Financial Institution Partners
1. (1) Banking Business: SBI Shinsei Bank Shimane Bank and Fukushima Bank Became Equity-method Affiliates of The Company, Further Advancing The “Fourth Megabank Concept” with SBI Shinsei Bank at Its Core “Fourth Megabank Concept” Seeking to establish SBI Shinsei Bank as the core of a wide-area regio
Slide 18: 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, Osaka Digital Exchange, SBI Thai Online Securities (Thailand), SBI Royal Securities (Cambodia), BNI SECURITAS (Indonesia), FPT Securities (Vietnam)
Slide 19: SBI SECURITIES 1Q FY2026 Consolidated Results (J-GAAP)
1.(2) Securities Business: SBI SECURITIES 1Q FY2026 Consolidated Results (J-GAAP) [Year-on-year comparison] (Unit: JPY billion) 1Q FY2025 1Q FY2026 YoY (%) (Apr. 2025 - June 2025) (Apr. 2026 - June 2026) Operating Revenue 62.1 Record high 91.6 +47.5 Net Operating Revenue 53.3 Record high 76.9 +44.3
Slide 20: Strengthening and Diversifying Revenue Sources
1.(2) Securities Business: SBI SECURITIES Achieved Revenue Increase by Strengthening and Diversifying Its Revenue Sources [Comparison of SBI SECURITIES’ Consolidated (JPY billion) Operating Revenue (Net Sales) Breakdown] YoY 100 91.6 +47.5% 90 80 Financial revenues 38.0 70 62.1 (41.5%) 60 56.8 Tradi
Slide 21: Quarterly Revenues at SBI SECURITIES Have Remained Robust
1.(2) Securities Business: Quarterly Revenues at SBI SECURITIES Have Remained Robust [Comparison of SBI SECURITIES’ Quarterly Consolidated Operating Revenue (Net Sales) Breakdown] (JPY billion) QoQ 100.0 +18.3% 91.6 90.0 78.3 77.4 Financial revenues 80.0 70.0 66.7 38.0 62.1 29.4 60.0 34.9 Trading re
Slide 22: Securities Accounts at the SBI Group Surpass 16m
1.(2) Securities Business: Number of Securities Accounts at the SBI Group Surpasses 16m for the First Time in the Industry with Contribution from the ZERO Revolution and Open Alliance [Number of Securities Accounts of the SBI Group* and (Thousand Major Face-to-face Securities Companies] As of end of
Slide 23: Assets Under Custody Exceeded JPY 75tn
1.(2) Securities Business: Assets Under Custody of SBI Group’s Securities Business Exceeded JPY 75tn Driven by Expansion of Accumulation Type Investment Centered on Investment Trusts -Target JPY 100tn in assets under custody by the end of Mar. 2029- (JPY Trillion) Trend of Assets Under Custody*1 (En
Slide 24: Capital Gains Realized by Retail Investors Reached a Record High
1.(2) Securities Business: Capital Gains Realized by Retail Investors at SBI SECURITIES Reached a Record High Trend in capital gains in SBI SECURITIES’ withholding- (JPY billion) type specific accounts (excluding dividends) 500 2025 2026 464.7 Record 450 425.8 high 400 385.9 393.5 Cumulative total f
Slide 25: Diversifying revenue sources at SBI SECURITIES
Ongoing efforts to diversify revenue sources are progressing steadily at SBI SECURITIES [In order of revenue contribution] ① Financial revenues ② Trading revenues ③ Other commissions(Asset management fees for investment trusts, M&A advisory fees, etc.) ④ Commissions ⑤ Underwriting/Offering commissio
Slide 26: Open Interest Credit Balance Surpasses JPY 3.2tn
① Financial revenues: Open Interest Credit Balance at SBI SECURITIES Surpasses JPY 3.2tn and Financial Revenues Achieved an All-Time High [Financial Revenues] [Open Interest Credit Balance (EoM)] ■ Of which from margin trading (JPY trillion) Record End of 1Q FY2026 (JPY billion) Record high JPY 3.26
Slide 27: Trading Revenues Achieved a Record High
② Trading revenues: SBI SECURITIES’ Trading Revenues Achieved a Record High FX revenue While spot revenue was in line with the (JPY FX Revenue same period a year earlier, swap billion) Record revenue reached a record high on Equity-related revenue, etc. high 25 strong investment demand for high- Bon
Slide 28: Investment Trust Fees Reached Record High
③ Other commissions Investment Trust Fees at SBI SECURITIES Reached Record High, Driven by an Increase in Investment Trust Balance -Monthly investment savings deposits surpasses JPY 330bn- [Quarterly Investment Trust [Investment Trust Fees] Balance at SBI SECURITIES ] (JPY trillion) (JPY trillion) (
Slide 29: Revenue from Foreign Stocks Grew Substantially
④ Commissions: Foreign stocks Revenue from Foreign Stocks at SBI SECURITIES Grew Substantially • In addition to 5,400 U.S. stocks—among the largest lineups in the industry— SBI SECURITIES handle stocks from China, South Korea, Russia, Vietnam, Indonesia, Singapore, Thailand, and Malaysia. • This qua
Slide 30: Institutional Investor Business Is Growing Rapidly
④ Commissions: Institutional investor business SBI SECURITIES’ Institutional Investor Business is Growing Rapidly as a New Pillar of Revenue -Rapid expansion driven by client growth and market tailwinds- Trends in Institutional Investor Trends in Institutional Investor Core Trading Value at SBI SECU
Slide 31: Strategic Focus on Retail JGBs
⑤ Underwriting/Offering commissions/Sales commissions: Retail JGBs SBI SECURITIES Is Strategically Focusing on Retail JGBs -Quarterly sales renewed its record high- Trend in SBI SECURITIES’ retail JGB sales and the 10-year JGB yield (JPY billion) (1Q FY2023-1Q FY2026) （%） 151.9 3.5 160 ■ Retail JGB
Slide 32: Primary and Secondary Underwriting Business
⑤ Underwriting/Offering commissions/Sales commissions: IPO, bond underwriting SBI SECURITIES Is Strengthening Its Primary and Secondary Underwriting Business for Stocks and Bonds IPO Underwriting Ranking (Apr. 2026-June 2026) Underwriting amount of corporate bonds 11 companies were listed during Apr
Slide 33: 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 [Business highlights] • For 1Q FY2026, consolidated results for the S
Slide 34: SBI Insurance Group's Consolidated Performance
1. (3) Insurance Business： SBI Insurance Group’s Consolidated Performance (Preliminary Figures) *Final consolidated figures for 1Q FY2026 to be released on Aug. 6th Consolidated results for 1Q FY2026 (J-GAAP) 1Q FY2025 1Q FY2026 YoY change (JPY billion) (Apr. 2025 – June 2025) (Apr. 2026 – June 2026
Slide 35: SBI Insurance Group's Total Number of In-Force Contracts
1. (3) Insurance Business： SBI Insurance Group’s Total Number of In-Force Contracts SBI IG CAGR 13.6% (End of Mar. 2016 to end of June. 2026) (Reference) Dai-ichi Life (Non-consolidated) (CAGR) 6.8% (End of Dec. 2015 – End of Mar. 2026) Nippon Life (Non-consolidated) (CAGR) End of Apr. 2025 2.9% (En
Slide 36: Business Progress of Kyobo Life Insurance
1. (3) Insurance Business ： Business Progress and Operational Status of Kyobo Life Insurance, Which Became an Equity- Method Associate in Jan. 2026 • Became an equity-method associate in Jan. 2026 (investment ratio: 20.42%) • Recorded approx. JPY 8.9bn as investment profit under the equity method on
Slide 37: 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), Rheos Capital Works (SBIGAM subsidiary) [Asset Management Business Consolida
Slide 38: Consolidated Results of SBI Global Asset Management
2. Asset Management Business： Consolidated Results of SBI Global Asset Management (J-GAAP) 1Q FY2025 1Q FY2026 YoY change (Unit: JPY billion) (Apr. 2025–June 2025) (Apr. 2026–June 2026) (%) Revenue 2.8 Record High 12.8 +350.9 Ordinary income 0.8 Record High 2.7 +240.6 Profit attributable to Owners o
Slide 39: SBI Global Asset Management Group's AUM Reached Approximately JPY 14tn
2. Asset Management Business： SBI Global Asset Management Group’s AUM Reached Approximately JPY 14tn -Targeting JPY 20tn During FY2026 and JPY 50tn by FY2029- （JPY billion） 13,980 14,000 SBI Okasan 13,000 Asset 12,000 ← Management JPY 2,787.3bn 11,000 10,000 ←Rheos Capital Works 9,000 JPY 1,791.1bn
Slide 40: 3. PE Investment Business
3. PE Investment Business [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 billion) 1Q FY2025 1Q FY2026 YoY change (Apr. 2025–J
Slide 41: 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*1 FY2025 Results FY2026 Prospects Number of IPO・ M&A deals 17 27 Listing Date Investee company Market Apr. 22, 2026 Innostar Service, Inc. TPEx*2 May 27, 2026 InPsytech, Inc. TPEx (OTC market) June, 1,2026 D-Fend Solution
Slide 42: Promising Investee Companies Across Advanced Sectors ①
Promising Investee Companies Across a Range of Advanced Sectors Continue to Drive Strong Profit Contributions in FY2026 ① As of the beginning of the fiscal year, the portfolio comprised 13 investee companies expected to make significant profit contributions in FY2026, and more than 20 in total, incl
Slide 43: Promising Investee Companies Across Advanced Sectors ②
Promising Investee Companies Across a Range of Advanced Sectors Continue to Drive Strong Profit Contributions in FY2026 ② • Profits from 6 companies have already been recognized in 1Q • Profit contributions are expected from 7 companies with high or medium likelihood from 2Q onward Recognized High L
Slide 44: Distribution of XRP Partly Held by Ripple
3. PE Investment Business Distribution of XRP Partly Held by Ripple, an SBI Group Investee Company [Burned] (Amount burned as transaction fees) Approx. 0.01bn XRP [XRP circulated in the market] Approx. 62.53bn XRP (Market Capitalization: approx. JPY 11.0tn) Max supply: [Actual XRP] [Current Ripple’s
Slide 45: Assets Under Management of the SBI Group
3. PE Investment Business: Assets Under Management of the SBI Group (As of the end of June 2026) (Excluding JPY 335.1bn of both cash Private equity, etc. JPY 1,312.5 bn (*1) and commitment amount to be paid in) (*2) Breakdown of operating investment Balance Breakdown of operating Balance securities
Slide 46: 4. Crypto-asset Business
4. Crypto-asset Business [Major constituent companies / business] SBI VC Trade, B2C2, etc. [Crypto-asset Business Consolidated Performance (IFRS)] (Unit: JPY billion) 1Q FY2025 1Q FY2026 YoY change (Apr. 2025- June 2025) (Apr. 2026- June 2026) (%) Revenue 11.1 13.9 +25.9 Profit before income tax exp
Slide 47: Trends in SBI Group Crypto Asset Accounts in Japan
4. Crypto-asset Business： Trends in the Number of the SBI Group’s Crypto Asset Accounts in Japan (Combined Total of VCTRADE and BITPOINT Services) -As of Apr. 1, 2026, SBI VC Trade absorbed and merged with BITPoint Japan, with SBI VC Trade as the surviving company- (10 Thousand accounts) Mar. 2025 2
Slide 48: 5. Next Gen Business
5. Next Gen Business [Major constituent businesses] Biotechnology and healthcare businesses, Neo-media business, other businesses including Web3, Mynavi Corporation [Next Gen Business Segment Consolidated Performance (IFRS)] 1Q FY2025 1Q FY2026 YoY change (JPY billion) (Apr. 2025 – June 2025) (Apr.
Slide 49: Other Key Topics from Apr. to July 2026
Ⅱ. Other Key Topics from Apr. to July 2026 Key topics related to Three Key Strategic Objectives in anticipation of SBI Group’s 30th anniversary (FY2028) ・AI related…………………… 1 topic ・On-chain related……… 15 topics ・Neo-media related……4 topics Key topics related to other existing businesses …6 topi
Slide 50: Key Developments in On-Chain Financial Business ①
Key Developments in On-Chain Financial Business ① May 1 Concluded a Memorandum of Understanding (MOU) with Visa to explore a collaboration in digital finance and payments. Also issued the “SBI VISA Crypto Card,” which allows users to accumulate crypto assets May 12 SBI Holdings participate in Circle
Slide 51: Key Developments in On-Chain Financial Business ②
Key Developments in On-Chain Financial Business ② June 24 Began issuance of “JPYSC,” Japan’s first trust-type (Type 3 Electronic Payment Instrument) yen-denominated stablecoin (the on-chain balance is approximately JPY 20bn, as of July 31, 2026) June 25 Concluded an MOU and share transfer agreement
Slide 52: Key Developments in On-Chain Financial Business ③
Key Developments in On-Chain Financial Business ③ July 13 Launched a strategic collaboration with Solana Foundation to build an on-chain financial market from Japan. As part of this effort, “SBI R3 Japan” plans to change its trade name to “SBI Solana Global” July 15 Achieved the world’s first public
Slide 53: Key Topics Related to the Neo-Media Business
Key Topics Related to the Neo-Media Business Apr. 17 SBI Investment establishes the “Cool Japan-SBI Content Investment Limited Partnership” jointly with Cool Japan Fund, Inc. June 1 SBI NEO MEDIA HOLDINGS(SBI NMH) enters into a strategic business alliance agreement with Dentsu Inc. and Dentsu Digita
Slide 54: Key Topics Related to Other Existing Businesses ①
Key Topics Related to Other Existing Businesses ① Asset May 1 Management Reach basic agreement to establish a joint venture with State Street Investment Management, one of the world’s largest index managers Strive for the provision of next-generation low-cost index investment products in Japan Finan
Slide 55: Key Topics Related to Other Existing Businesses ②
Key Topics Related to Other Existing Businesses ② June 4 Next Gen SBI ALApromo holds a presentation about the business strategy centered on the new 5- ALA ingredient brand “SBI 5-ALA,” together with Kyowa Hakko Bio of the Kirin Group, a business alliance partner (collaboration and manufacturing outs
Slide 56: Reference Materials
[Reference Materials] [Unauthorized reproduction is prohibited] 55
Slide 57: SBI Group Is Top in FX Accounts and Margin Deposits
Securities Business: SBI Group Is the Top in the Industry for Numbers of FX Accounts and Margin Deposits Number of Accounts among Customer Margin Deposits among Major FX Trading Companies Major FX Trading Companies （As the end of June 2023–June 2026） （As the end of June 2023–June 2026） (Thousand (JP
Slide 58: SBI SECURITIES Enhances iDeCo Convenience
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 (subscribers & transfers*) (thousand) of iDeCo by Plann
Slide 59: Expanding iDeCo and Corporate-Type DC Plans
Securities Business: Striving to Further Expand iDeCo and Corporate- Type DC Plans Administered 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
Slide 60: SBI Group's Customer Base Has Expanded Dramatically
SBI Group’s Customer Base Has Expanded Dramatically (Million) Breakdown of the Customer Base 90 88.5 (as of the end of June 2026) *1,2 (Million) 82.6 78.4 80.3 SBI SECURITIES, FOLIO, (No. of accounts) 16.4 80 76.5 and SBI Neotrade Securities SBI Holdings InsWeb (No. of customers) 11.7 70 Overseas fi
Slide 61: Number of Companies and Employees of the SBI Group
Overview of the Group Number of Companies and Employees of the SBI Group (Consolidated) Number of Group Companies End of Mar. 2026 End of June 2026 Consolidated subsidiaries (companies) 681 721 Consolidated partnerships (partnerships) 59 61 Total consolidated subsidiaries (companies) 740 782 Equity
Slide 62: https://www.sbigroup.co.jp
https://www.sbigroup.co.jp [Unauthorized reproduction is prohibited] 61