Sbi Holdings Incorporated · TSE:8473
Sbi — Sbi Holdings Inc Ord — Q2 2024 Earnings Presentation
173 slides from Sbi's earnings presentation, Nov 9, 2024
Slide 1: SBI Holdings, Inc. Financial Results
Strategic Business Innovator SBI Holdings, Inc. Financial Results For the Six-month Period Ended September 30, 2024 (Fiscal Year Ending March 31, 2025) November 8, 2024
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. 1H FY2024 Consolidated Performance Overview II. Conclusion of the primary actions we have focused on and initiatives for the further growth in the future [Unauthorized reproduction is prohibited] 2
Slide 4: 1H FY2024 Consolidated Performance Overview
I. 1H FY2024 Consolidated Performance Overview [Unauthorized reproduction is prohibited] 3
Slide 5: Consolidated Performance Overview
[Consolidated Performance Overview] • Revenue increased 17.6% year-on-year to JPY 676.0bn, which is a record high for 1H, due to strong increase in revenue from the Financial Services Business and Asset Management Business, as well as a large contribution from significant increase of Crypto-asset Bu
Slide 6: 1H FY2024 Consolidated Performance (IFRS)
1H FY2024 Consolidated Performance (IFRS) [Year-on-year comparison] (Unit: JPY million) 1H FY2023 1H FY2024 YoY % (Apr.-Sept. 2023) (Apr.-Sept. 2024) change Record Revenue 574,825 high 676,030 +17.6 Profit before income tax 70,241 78,872 +12.3 expense Profit for the period 48,241 60,003 +24.4 Profit
Slide 7: 1H FY2024 Performance by Segment (IFRS)
1H FY2024 Performance by Segment (IFRS) [Year-on-year comparison] Profit Before Income (Unit: JPY million) Revenue Tax Expense 1H FY2023 1H FY2024 YoY % 1H FY2023 1H FY2024 YoY % (Apr. 2023– (Apr. 2024– (Apr. 2023– (Apr. 2024– Sept. 2023) Sept. 2024) change Sept. 2023) Sept. 2024) change Financial S
Slide 8: Interim Dividend of JPY 30 Per Share Expected
Interim Dividend of JPY 30 Per Share is Expected to be Implemented [Basic Policy for Shareholder Return] The total amount of dividends will be approximately 30% of profit before income tax expense of the Financial Services Business excluding extraordinary factors such as gain on sales of subsidiarie
Slide 9: Business Overview of Each Business Segment
[Business Overview of Each Business Segment] [Unauthorized reproduction is prohibited] 8
Slide 10: Financial Service Business
1. Financial Service Business [Financial Service Business Consolidated Results (IFRS)] (Unit: JPY million) 1H FY2023 1H FY2024 YoY (%) (Apr. 2023 – Sept. 2023) (Apr. 2024 – Sept. 2024) Revenue 517,389 621,683 +20.2 Profit before income tax expense 74,437 104,426 +40.3 Breakdown of Profit Before Inco
Slide 11: Financial Services Business: Banking Business
1. Financial Services Business: (1) Banking Business [Major constituent companies] SBI Shinsei Bank Group, SBI Sumishin Net Bank, SBI ARUHI (company name changed in January 2024), overseas banks including SBI SAVINGS BANK [Unauthorized reproduction is prohibited] 10
Slide 12: SBI Shinsei Bank 1H FY2024 Consolidated Performance
SBI Shinsei Bank 1H FY2024 Consolidated Performance [JGAAP] Note: Units are rounded down to second decimals 1H FY2023 1H FY2024 YoY (Unit: JPY billion) (Apr. 2023–Sept. 2023) (Apr. 2024–Sept. 2024) change(%) Revenue 135.5 140.9 +4 Ordinary Business Profit 53.8 58.0 +8 Net income before income taxes
Slide 13: Performance of SBI Sumishin Net Bank
Performance of SBI Sumishin Net Bank (Equity ratio : 34.19%) (Unit: JPY million) 1H FY2023 1H FY2024 YoY (Apr. 2023–Sept. 2023) (Apr. 2024–Sept. 2024) change(%) Ordinary profit (J-GAAP) 16,321 18,983 +16.3 Share of profit of investments accounted for 1,625 3,206 +97.3 using equity method (IFRS) J-
Slide 14: Performance of SBI SAVINGS BANK (IFRS)
Performance of SBI SAVINGS BANK (IFRS) (Unit: 1H FY2023 1H FY2024 YoY JPY million) (Apr. 2023–Sept. 2023) (Apr. 2024–Sept. 2024) change(%) Profit Before Income Tax 4,206 8,949 +112.7 Expense The underlying earnings remained steady and net credit cost decreased due to the slowdown in the pace of de
Slide 15: Financial Services Business: 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] • SBI SECURITIES’ consolidated results (J-GAAP) for 1H FY 202
Slide 16: SBI SECURITIES 1H FY2024 Consolidated Results
SBI SECURITIES 1H FY2024 Consolidated Results (J-GAAP) [Year-on-year comparison] (JPY million) 1H FY2023 1H FY2024 YoY (%) (Apr. 2023 – Sept. 2023) (Apr. 2024 – Sept. 2024) Operating Record Revenue 102,091 high 115,750 +13.4 Net Operating Record Revenue 91,830 high 103,189 +12.4 Record Operating Inc
Slide 17: Like-for-like Comparison of Securities Companies Results
Like-for-like Comparison of Financial Results of Major Face- to-face and Online Securities Companies for 1H FY2024 Change from Change from Operating Operating Operating (JPY million) previous previous profit revenue quarter (%) profit quarter (%) margin (%) If the lost Nomura (non-consolidated) 460,
Slide 18: SBI Liquidity Market Record Operating Revenue and Profit
SBI Liquidity Market Achieved Record-high Operating Revenue and Operating Profit [Operating Revenue and Operating Profit of SBI Liquidity Market (Non-consolidated, J-GAAP) ] (JPY million) 1H FY2023 1H FY2024 YoY (%) (Apr. 2023 – Sept. 2023) (Apr. 2024 – Sept. 2024) Operating revenue 16,188 Record Hi
Slide 19: 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 [Business highlights] ・ SBI Insurance Group’s consolidated ordinary income for 1H FY2024 (J-GAAP basis, preliminary
Slide 20: SBI Insurance Group's Performance
SBI Insurance Group’s Performance （preliminary） （Final financial result will be disclosed on November 12） Consolidated results for 1H FY2024 (J-GAAP) (Unit: JPY million) 1H FY2023 1H FY2024 YoY % (Apr. – Sept. 2023) (Apr. – Sept. 2024) change Ordinary income 52,507 57,362 +9.2 Ordinary profit 4,851
Slide 21: SBI Insurance Group's In-Force Contracts
SBI Insurance Group’s Total Number of In-Force Contracts CAGR 14.8% （End of Mar. 2016 to end of Sept. 2024） Sept. 2023, SBI Pet SSI （million contracts） Sept. 2020, SBI joined the Group JOGUCHI SAFETY 3.50 June 2019, SBI SSI joined the PRISM SSI Group 3.00 Sept. 2016, joined the Group 2.81 2.92 SBI N
Slide 22: 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)] (JPY million) 1H FY2023
Slide 23: Consolidated Results of SBI Global Asset Management
Consolidated Results of SBI Global Asset Management (J-GAAP) (Unit:JPY million) 1H FY2023 1H FY2024 YoY（%） （Apr. 2023 – Sept. 2023） （Apr. 2024 – Sept. 2024） Record Revenue 4,989 high 5,738 +15.0 Record Operating profit 1,127 high 1,218 +8.1 Record Ordinary profit 1,363 high 1,424 +4.5 Profit attribu
Slide 24: SBI Global Asset Management AUM Reached JPY 6.4 Trillion
SBI Global Asset Management Group’s AUM Reached JPY 6.4 Trillion, Up 26.6% Year-on-Year （Unit:JPY billion） Overseas Investment Management (Carret) 7,000 +26.6% Privately offered funds/Discretionary investment/Investment 6493.5 64,221 Advice/Others CARRET Publicly offered index funds 511.2 466.3 6,00
Slide 25: Results for SBI RHEOS HIFUMI and SBI Okasan Asset Management
Financial Results for SBI RHEOS HIFUMI and SBI Okasan Asset Management Consolidated Results (J-GAAP) (Unit:JPY million) 1H FY2023 * 1H FY2024 YoY（%） （Apr. 2023 – Sept. 2023） （Apr. 2024 – Sept. 2024） Operating Revenue 5,139 5,694 +10.8 Ordinary Profit 1,003 1,065 +6.2 Profit attributable to owners of
Slide 26: Investment Business
3. Investment Business [Major constituent companies/businesses] Private equity business [Investment Business Consolidated Results (IFRS)] (Unit: JPY million) 1H FY2023 1H FY2024 YoY % (Apr.-Sept. 2023) （Apr.-Sept. 2024） change Revenue 27,011 12,224 -54.7 Profit before income tax expense 5,361 -8,525
Slide 27: IPOs and M&As of Investee Companies
IPOs and M&As of the SBI Group’s Investee Companies FY2023 FY2024 results prospects Number of IPO・ M&A deals 21 31 11 companies went public in FY 2024 Investee Investee EXIT Date Market EXIT Date Market company company Bankware Global Co., June 5, 2024 Astroscale Holdings Inc. TSE Growth Aug. 12, 20
Slide 28: Continued Investment in Promising Venture Companies
Continued Investment in Promising Venture Companies with High Technological Capabilities Preferred Networks Preferred Networks designs AI semiconductors, develops peripheral software and supercomputers using its own AI semiconductors, as well as building the generative AI infrastructure models and
Slide 29: Assets Under Management of the SBI Group
Assets Under Management of the SBI Group (As of the end of Sept. 2024) (*2) Private equity, etc. JPY 819.2bn (*1) Excluding JPY 356bn of both cash and commitment amount to be paid in) Balance Breakdown of operating Balance Breakdown of operating investment (JPY investment securities by region (JPY b
Slide 30: Crypto-asset Business
4. Crypto-asset Business [Major constituent companies / business] SBI VC Trade, BITPoint Japan, B2C2, crypto asset mining business, HashHub [Crypto-asset Business Consolidated Performance (IFRS)] (Unit: JPY million) 1H FY2023 1H FY2024 YoY(%) (Apr. 2023-Sept. 2023) (Apr. 2024-Sept. 2024) Revenue 16,
Slide 31: Performance of the Crypto-asset Business
Performance of the Crypto-asset Business [Changes in 1H Profit Before [Changes in 1H Revenue in Income Tax Expense in the the Crypto-asset Business] Crypto-asset Business] (JPY million) (JPY million) 1,500 1,425 30,321 30,000 985 YoY YoY 1,000 +111.4% 20,534 +88.7% 674 20,000 15,575 16,066 500 10,00
Slide 32: 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) 1H FY2023 1H FY2024 YoY % change (Apr. – Sept. 2023) (Apr. – Sept. 2024)
Slide 33: Conclusion of Primary Actions and Initiatives for Growth
Ⅱ. Conclusion of the primary actions we have focused on and initiatives for further growth in the future 1. Recap of SBI SECURITIES’ “ZERO Revolution” one year after its launch on September 30, 2023, and initiatives that the company is working on to make further strides in the future 2. The achievem
Slide 34: Recap of SBI SECURITIES' ZERO Revolution One Year After Launch
1. Recap of SBI SECURITIES’ “ZERO Revolution” one year after its launch on September 30, 2023, and initiatives that the company is working on to make further strides in the future (1) SBI SECURITIES recovers lost earnings due to the “ZERO Revolution” by diversifying revenue sources and significantly
Slide 35: SBI SECURITIES Recovers Revenue Lost to ZERO Revolution
(1) SBI SECURITIES recovers lost revenue due to the “ZERO Revolution” by diversifying revenue sources and significantly expanding its customer base ① SBI SECURITIES secured revenue after the “ZERO Revolution” in a different way from the U.S., which is steps ahead in zero commissions ② SBI SECURITIES
Slide 36: Secured Revenue After ZERO Revolution Differently from the U.S.
① SBI SECURITIES secured revenue after the “ZERO Revolution” in a different way from the U.S., which is steps ahead in zero commissions [Unauthorized reproduction is prohibited] 35
Slide 37: Revenue Increase Despite JPY18.8 Billion Estimated Loss
SBI SECURITIES Achieved YoY Increase in Revenue Despite Losing JPY18.8 Billion (Estimated*1) in Revenue due to “ZERO Revolution” <SBI SECURITIES’ Consolidated Operating Revenue (Net Sales) Composition for FY2023> (JPY million) 120,000 115,750 Others 102,091 12 (0.0%) 110,000 100,000 17 (0.0%) Financ
Slide 38: Revenue Sources of U.S. Zero-Commission Companies
Revenue Source of U.S. Online Securities Companies that Preceded in Zero Comissions Charles Schwab (Est. 1971) Robinhood Markets (Est. 2013) 2023 Revenue: USD 18,837m 2023 Revenue: USD 1,865m Other USD 719M Service fees. Software related Other Revenues USD 151m revenue Robinhood Gold 4% Bank deposit
Slide 39: SBI SECURITIES' Quarterly Revenue Growing Steadily
SBI SECURITIES’ Quarterly Revenue is Growing Steadily <Comparison of Quarterly Consolidated Operating Revenue (net sales) Before and After the Start of “ZERO Revolution”> YoY +15.6% （JPY million） Start of “ZERO Revolution” 58,998 60,000 56,751 Others 6 6 51,050 51,040 51,664 12 49,643 7 5 5 Financia
Slide 40: Improved Profitability Through Customer Base Expansion
② SBI SECURITIES improved profitability due to the expansion of its customer base through the “ZERO Revolution” and the success of the revenue diversification measures it has been working on for over five years -While the number of employees at SBI SECURITIES increased by 8% in the first year after
Slide 41: Margin Trading Accounts Increased Sharply
Number of SBI SECURITIES’ Margin Trading Accounts have Increased Sharply after the Start of the “ZERO Revolution” (Thousand Open Interest Credit Balance (Right axis) Margin Accounts (Left axis) (JPY billion) accounts) 1,600 Growth of margin accounts one 1,505 2,500 years before and after the August
Slide 42: Open Interest Credit Balance and Financial Revenue Record High
Open Interest Credit Balance Increased Year-on-year and Financial Revenue Marked Record High <Trend of Open Interest Credit Balance (EOQ)> <Trend of Financial Revenue> (JPY (JPY million) billion) Record high 25,000 2,000 22,015 JPY 1,590.6bn JPY 1,651.7bn 20,000 1,500 16,437 15,000 1,000 Compared to
Slide 43: Record Investment Trust Balance and Fees
Achieved Record Highs in both Investment Trust Balance and Investment Trust Fees Due to Multiplier Effects of Increase in Customer Base Through “Zero Revolution” and Start of the New NISA <Quarterly Investment Trust Balance Comparison between SBI SECURTIES <Investment Trust Fees> (JPY and the Invest
Slide 44: Set Accumulation for Investment Trusts Expanding
Amount of Set Accumulation for Investment Trusts are Expanding Among the Trend “from Savings to Investment” • Due to the spread of individual investors as a result of the “ZERO Revolution” and the new NISA, the monthly accumulation amount of investment trust has steadily increased and reached approx
Slide 45: SBI Wrap Nears JPY120 Billion in AUM
Fully Automated Discretionary Investment Service “SBI Wrap” Nears JPY120 Billion in AUM in Just 2.5 Years Since the Service Launch • SBI SECURITIES and FOLIO jointly developed “SBI Wrap” service using “4RAP”, a discretionary investment management system platform provided by FOLIO, starting Mar. 31,
Slide 46: Foreign Stock Trading Commissions Grew
Commissions from Foreign Stock Trading Grew Due to Increase of Trading Activity Associated with Expansion of Customers <Foreign Stocks (including foreign ETFs)> • Handles stocks from China, Korea, Russia, Vietnam, Indonesia, Singapore, Thailand, and Malaysia, in addition to 5,400 U.S. stocks which i
Slide 47: Trading Revenue of SBI SECURITIES
Trading Revenue of SBI SECURITIES (consolidated) -Revenue from both FX trading and foreign bond sales grew- Record FX revenue (JPY million) high 35,000 Crypto asset trading revenue YoY 31,881 Others (revenue through foreign currency bond, etc) +20.9% 30,000 26,359 24,605 24,263 24,250 25,000 17,814
Slide 48: SBI Liquidity Market Profitability vs Competitors
SBI Liquidity Market, which Operates FX Business in the SBI Group, Boasts Profitability that Outstrips that of its Competitors Comparison of FX-related Revenue with Competitors (YoY comparison) Backdrop of SBI Liquidity Market’s Strong Profitability (JPY million) Growing swap revenues based on pos
Slide 49: Precious Metals Trading Increased
Trading of Gold, Silver and Platinum has Increased Due to Rise of Geopolitical Risk and Weakening of the Yen Balance and Number of Accounts for Precious Metals (Thousand (JPY million) (gold, silver, platinum) at SBI SECURITIES accounts) Balance of precious metals (Left axis) 60,000 1,453 1,600 Numbe
Slide 50: ZERO Revolution Accelerated Customer Base Expansion
③ “ZERO Revolution” has greatly accelerated the expansion of SBI SECURITIES’ customer base [Unauthorized reproduction is prohibited] 49
Slide 51: SBI SECURITIES Customer Base Expanding Rapidly
SBI SECURITIES Group’s Customer Base is Expanding at a Rapid Pace -Number of securities accounts increased by 20.3% after one year since the start of the “ZERO Revolution”- <Number of Securities Accounts of the SBI Group and Major Face-to-face Securities Companies> (Thousand (end of Mar. 2009 – end
Slide 52: AUM of SBI SECURITIES Expanded Significantly
AUM of SBI SECURITIES has Expanded Significantly Given the Rapid Growth of Customer Base AUM of SBI SECURITIES (End of September 2023- end of September 2024) Stocks Municipal & corporate bonds Investment trusts Others (deposits, SBI Hybrid Deposit) (JPY Sept 30, 2023 JPY 42.7tn trillion) Start of th
Slide 53: Share in Stock Trading Value Doubled in Five Years
SBI SECURITIES’ Share in Stock Trading Value of Individuals and Institutional Investors Increased by Two Times in Five Years [Quarterly Stock Trading Value Share of SBI SECURITIES and Three Major Face-to-face Securities Companies] June 2019 Announced the “Neo Securities 25.00% Concept” which elimina
Slide 54: SBI Group Share of Trading Value Increased
SBI Group’s Share of Trading Value Has Increased Rapidly Following the Start of “ZERO Revolution” < (Quarterly) Share of Individual <Of which, (quarterly) Share of Individual Stock Trading Value*> Margin Trading Value*> （%） （%） 60.0 65.0 Record 57.2 Record high high 60.7 60.0 55.0 55.0 50.0 50.1 47.
Slide 55: Asset Transfer Inflows Continue as Net Increase
Inflow of asset transfer from other companies to SBI SECURITIES continues to be a net increase (%) Trends in the Ratio of Asset Inflows to Outflows for SBI SECURITIES 900 (Scope of assets: Domestic stocks, foreign stocks, investment trusts) *Calculation method=(Amount of inflow/amount of outflow)×10
Slide 56: Seeking Top Position in NISA Accounts
SBI SECURITIES Seeks the Top Position in Number of NISA Accounts with “ZERO Revolution” -Number of securities accounts increased by 30.0% after one year since the start of the “ZERO Revolution”- As of end of Sept. 2024 (Million accounts) <Number of NISA Accounts> 5.23M accounts 5.60 (Mar. 2016– Sept
Slide 57: Customer Base Expansion Benefits Entire SBI Group
(2) Expansion of customer base through “ZERO Revolution” benefitｓ not only SBI SECURITIES but also the entire SBI Group [Unauthorized reproduction is prohibited] 56
Slide 58: Customer Base Expansion Spreads to Other Businesses
Expansion of Customer Base Through SBI SECURITIES’ “ZERO Revolution” Spread to other Businesses in the SBI Group Individual customers who open an account at SBI SECURITIES as a result of the “ZERO Revolution” will not only broaden their interest in other financial products within SBI SECURITIES, but
Slide 59: SBI Group Customer Base Growth After ZERO Revolution
SBI Group’s Customer Base Growth Saw Rapid Expansion After Start of the “ZERO Revolution” ＋8.9% since the start of ZERO Revolution (as the SBI Group’s Customer Base end of Sept. 2023) (End of September 2016 to end of September 2024) September 2023 (Million Start of the “ZERO accounts) Revolution” 55
Slide 60: ZERO Revolution Contributed to SBI Shinsei Bank Accounts and Deposits
SBI SECURITIES’ “ZERO Revolution” also Contributed Significantly to the Increase in the Number of Retail Accounts and Deposits at SBI Shinsei Bank Shinsei Bank’s growth in the number of deposit accounts accelerated after enabling the simultaneous opening of accounts with SBI SECURITIES in October
Slide 61: Customer Base Growth Boosted FX Trading Accounts
Increase of Customer Base by “ZERO Revolution” Greatly Contributing to the Expansion of SBI Group’s Number of FX Trading Accounts Number of Accounts among Customer Margin Deposits among Five Major FX Trading Related Companies FX Trading Related Companies (Thousand (as the end of September 2021 – Sep
Slide 62: Customer Growth Rippled to Asset Management Business
SBI SECURITIES’ Growth in Customer Base has Rippled to the Asset Management Business -Funds have flown into investment funds managed by SBI Asset Management- Top purchased funds at SBI SECURITIES Funds sold exclusively at (Balance of which held only at SBI SECURITIES) SBI SECURITIES *Top Purchases f
Slide 63: SBI SECURITIES Diverse Initiatives for Further Growth
(3) SBI SECURITIES implements diverse initiatives to achieve further growth ① Strengthen branding for potential customers with no investment experience ② Corporate business which is expected to become a new pillar of revenue has shown steady growth ③ Expand options trading as a new investment option
Slide 64: Strengthen Branding for Potential Customers
① Strengthen Branding for Potential Customers with no Investment Experience Strengthen branding to improve Establishment of Financial Education recognition Promotion Office To convey the appeal of investing through the With the acceleration of the shift “from savings “ZERO Revolution,”SBI SECURI
Slide 65: Corporate Business as New Revenue Pillar
② Corporate business which is expected to become a new pillar of revenue has shown steady growth [Unauthorized reproduction is prohibited] 64
Slide 66: Highest IPO Underwriting Share Since FY2012
SBI SECURITIES Has Been Maintaining the Highest IPO Underwriting Share in the Industry Since FY2012 -Rapid growth in POs and corporate bond underwritings- IPO Underwriting Ranking (Apr. 2024 – Sept. 2024) Between Apr. 2024 and June 2024, SBI SECURITIES underwrote 5 34 companies were listed during Ap
Slide 67: SBI Group's M&A Business Expanding Steadily
SBI Group’s M&A Business is Expanding Steadily M&A Advisory [SBI TSUJI HONGO M&A] [SBI SECURITIES] Division • SBI M&A Solutions and TSUJI HONGO • Provides advice on acquisitions, sales, M&A SOLUTION merged in Oct. 2023 management integration, MBO, industry (investment ratio: SBI SECURITIES 51%, reor
Slide 68: Expand Options Trading as New Investment Option
③ Expand options trading as a new investment option [Unauthorized reproduction is prohibited] 67
Slide 69: Options Trading Scale Grows Rapidly in the U.S.
Options Trading Scale Grows Rapidly in the U.S. -Growing use among individual investors in the U.S. as a means of hedging risk and improving capital efficiency- Volume of Securities Options at (Million contracts) The Options Clearing Corporation 12,000 10,092 9,599 10,000 Trading volume 9,367 increa
Slide 70: Expanding Futures and Options Service Environment
SBI SECURITIES is Exanding its Service Environment for Futures and Options and Individual Stock Option ■Futures and options trading ■Individual stock options trading • Futures and options trading including content • Individual stock options trading is offered in a targeted to new customers has grown
Slide 71: Long-term Asset Building Through iDeCo
③ Contribute to the long-term asset building of the people toward retirement through the enhancement of iDeCo [Unauthorized reproduction is prohibited] 70
Slide 72: Expanding iDeCo as a Strategic Product
Striving to Further Expand iDeCo, which is Contracted by SBI Benefit Systems, as a Strategic Product SBI Group focused on the Individual Defined Contribution (iDeCo) pension business through SBI Benefit Systems (est. 2001), well before expectations for the market size to expand as a result of revisi
Slide 73: Industry Leader in iDeCo Customers
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> (Nov. 2017 – Sept. 2024) （Thousand） 1,200 Surpassed one million customers SBI SECURI
Slide 74: Improve Pricing Through PTS and Dark Pools
⑤ Improve pricing through use of PTS and dark pools [Unauthorized reproduction is prohibited] 73
Slide 75: Enhanced PTS and Dark Pool Offerings
Enhanced PTS (Propriatary Trading System) and Dark Pool Offerings to Further Improve Pricing in Stock Trading -Example of the U.S.- Share of stock trading flow • In the U.S., the securities trading market is in the U.S. (2023 amount-based) decentralized, and trading in ATSs (alternative trading ICE
Slide 76: SBI Cross Spot-trade Matching Service
Spot-trade Matching Service for Domestic Stocks “SBI Cross” Increased Price Improvement ● As a new intermediary dealing in SOR (smart order routing) trades, started connection to SBI Cross (Dark Pool) run by SBI Neotrade Securities on April 22, 2024, ● A service executed on ToSTNet that matches cust
Slide 77: Allocating Management Resources to Banking Sector
2. The achievement in allocating management resources to the banking sector since the acquisition of SBI Shinsei Bank SBI Group announced its decision to allocate management resources to the banking area on the announcement day of full-year results for FY2021 (May 2022) [Unauthorized reproduction is
Slide 78: Total Assets and Profit Before Tax Comparison
Comparison of Total Assets and Profit before income taxes in the Period Immediately Before the Policy Announcement and in 2Q FY2024 Total Assets Profit Before Income (Unit: JPY billion) End of Tax Expense End of (%: share of capital) Mar. 2022 Sept. 2024 FY2021 1H FY2024 SBI Shinsei Bank (69.81%) 10
Slide 79: Three-year Summary of SBI Shinsei Bank and Future Initiatives
3. Three-year summary of SBI Shinsei Bank following the acquisition and projections with future initiatives (1) SBI Shinsei Bank has mostly achieved the financial targets set in the medium-term management plan formulated in May 2022 after joining the SBI Group (2) Since becoming a consolidated subsi
Slide 80: SBI Shinsei Bank Achieved Medium-term Plan Targets
(1) SBI Shinsei Bank has mostly achieved the financial targets set in the medium-term management plan formulated in May 2022 after joining the SBI Group [Unauthorized reproduction is prohibited] 79
Slide 81: Changes in Financial Indicators of SBI Shinsei Bank
Changes in the Various Financial Indicators of SBI Shinsei Bank Dec. 2021 Targets for the Joined the SBI Group ＜Consolidated profit＞ whole year for FY2024 in the 700 medium-term 確認中 57.9 +36% management 42.7 plan : +110% +70% 44.3 JPY 70.0bn 20.3 1H 26.1 0 FY2021 FY2022 FY2023 FY2024 1H ＜Synergies w
Slide 82: Retail Accounts and Deposits at SBI Shinsei Bank
Number of Retail Accounts and Deposits at the SBI Shinsei Bank Medium-term management plan as the end of Mar. 2025 Number of Retail Accounts：3.80m (JPY Deposits：JPY 8.0tn [Achieved as the end of Sept. 2022] (10 thousand accounts) trillon) Total amount of deposits (Left) 366 Dec. 2021 Number of accou
Slide 83: SBI Shinsei Bank's Operating Assets Balance
SBI Shinsei Bank’s Operating Assets Balance (JPY Medium-term management plan as the end of Mar. 2025: trillion) JPY 10.0tn [Achieved as the end of Mar. 2023] 14 12.7 12 Dec. 2021 11.4 Joined the SBI Group Securities investment 10.3 Other 10 Overseas business 8.2 8.1 Showa Leasing 8 Structured financ
Slide 84: Large Growth in SBI Shinsei Bank's Balance Sheet
Large Growth in SBI Shinsei Bank’s Balance Sheet in just Three Years since Joining the SBI Group SBI Shinsei Bank Consolidated Balance Sheets (pre- vs. post-merger) Total assets: JPY 17.7tn (Mar. 31, 2022: +JPY 7.4tn) (Unit: JPY trillion) Corporate loans balance Individual deposits Mar. 31, 2022: +J
Slide 85: SBI Shinsei Bank's Cash Flows from Operating Activities
SBI Shinsei Bank’s Cash Flows from Operating Activities - Significant increase since joining the SBI Group, mainly due to an increase in deposits - (JPY billion) Dec. 2021 15,000 1,500 Joined the SBI Group 1,306.9 1,188.1 1,000 10,000 500 5,000 306.5 249.2 FY2021 0 FY2019 2019年度 FY2020 2020年度 FY2022
Slide 86: Business Platform Expanded Through Integration Strategy
(2) Since becoming a consolidated subsidiary in December 2021, SBI Shinsei Bank’s business platform has expanded significantly through its integration strategy with the SBI Group [Unauthorized reproduction is prohibited] 85
Slide 87: AUM at SBI Shinsei Wealth Management
AUM at SBI Shinsei Wealth Management, a Co-managed Store of SBI Shinsei Bank and SBI MONEYPLAZA, has Steadily Increased since its Launch Plans to have co-managed stores co-located to all 22 branches (excluding sub- branches) of SBI Shinsei Bank by the end of FY2024 As of Nov. 8, 2024, 18 stores
Slide 88: Customer-centric Measures to Expand Retail Base
SBI Shinsei Bank Promotes Various Measures to Apply “Customer-centric Principle” to Expanding the Retail Base Implementation of benefits program in Provision of preferential mortgage ordinary yen deposit accounts to rates for users of home loan holders of SBI SECURITIES accounts comparison analysis
Slide 89: Diamond Asset Finance Rapid Business Expansion
Diamond Asset Finance Achieves Rapid Business Expansion after Becoming a Wholly Owned Subsidiary of SBI Shinsei Bank in January 2024 Developing a finance business to investment real estate centered on investment-purpose condo loans for individuals Using acquisitions to energize sales activities
Slide 90: Wholesale Business Foundation Expanded Dramatically
In the Wholesale Business, Business Foundation has also Expanded Dramatically Due to the Vitalization of Sales Activities and Strengthening of Cooperation with the SBI Group Partners -The network of financial and business institutions expanded significantly- Business Corporate JPY 1.6tn JPY 6.4tn Pa
Slide 91: Partial Share Acquisition of NEC Capital Solutions
SBI Shinsei Bank Makes Partial Share Acquisition of NEC Capital Solutions, Ltd. and the Two Companies Enter Into Basic Agreement on Business Alliance SBI Shinsei Bank received 7,172,278 shares (33.3% of voting rights) of NEC Capital Solutions (NECCS) transferred from its major shareholders, NEC Co
Slide 92: Reorganization Between SBI Group and SBI Shinsei Bank Group
Reorganization between the SBI Group and SBI Shinsei Bank Group with the Objective of Creating an Efficient Business Ecosystem <Examples of reorganization> SBI Shinsei Business July 2022 : with SBIH, jointly established General affairs and Service human resources subsidiary Shinsei Investment Oct. 2
Slide 93: Shinsei Corporate Investment Selected as Tokyo Fund Operator
Shinsei Corporate Investment, a Venture Investment Company, has been Selected as the Operator of a Public Fund to be Set up by the Tokyo Metropolitan Government -Leveraging the wealthy investment experience and track record of the SBI Group and Shinsei Corporate Investment- Circular economy and natu
Slide 94: Synergy Creation Through Personnel Exchange
Promoting Further Synergy Creation Between the SBI Group and SBI Shinsei Bank Group through the Exchange of Personnel, including Executive Level <Examples of personnel exchange> Case 1. The Managing Executive Officer in charge of financial institutions sales as well as corporate sales at SBI Shinsei
Slide 95: SBI Shinsei Bank's Future Strategy for Exponential Growth
(3) SBI Shinsei Bank’s future strategy for exponential growth ① SBI Group‘s regional revitalization strategy places SBI Shinsei Bank at the core of “wide-area regional platform” ② Repayment of public funds by SBI Shinsei Bank, which the SBI Group considers as a great cause [Unauthorized reproduction
Slide 96: Regional Revitalization Strategy and Wide-area Regional Platform
① SBI Group’s regional revitalization strategy places SBI Shinsei Bank at the core of “wide-area regional platform” i. Realization of making the costs associated with the accounts systems of regional financial institutions a variable by providing the next-generation accounts system ii. SBI regional
Slide 97: Fourth Megabank Concept
SBI Group Further Strengthens its Support for the Revitalization of Regional Financial Institutions through the “Fourth Megabank concept” “Fourth Megabank concept” SBI Group seeks to become a wide-area regional platform with the SBI Shinsei Bank as its core by pursuing the benefits of improvements i
Slide 98: Achievements as Platformer of Regional Financial Institutions
SBI Shinsei Bank’s Achievements as a Platformer of Regional Financial Institutions Steadily Materialize *Each figure is as of end of (Case study in SBI Shinsei Bank) Sept. 2024 Co-financing for local companies arranged by regional banks ⇒ Co-financed a total of JPY 23.9 bn (including unused loans
Slide 99: Converting System Costs from Fixed to Variable
(i) Successfully converted the costs associated with accounts systems of regional financial institutions from fixed to variable by providing the next-generation accounts system [Unauthorized reproduction is prohibited] 98
Slide 100: Switch Huge System Costs from Fixed to Variable
Switch Huge System Costs from Fixed to Variable Challenges of Solutions that the SBI Group can offer conventional systems ① Large investment required for ① Annual fee model large-scale system renewal once every few years ② Reduce system costs through joint operation on AWS ② Periodic system renewal
Slide 101: Cloud-Based Accounts System Started at The Fukushima Bank
A Cloud-Based Accounts System for Regional Financial Institutions Jointly Developed by the SBI Group and Future Architect, Inc. Started Operations at The Fukushima Bank on July 16, 2024 [Features of next-generation banking system] Designed and built on AWS to achieve high scalability All account
Slide 102: SBI Regional Business Investment for Succession Problems
(ii) SBI Regional Business Investment Contributes to Improving the Business Environment for Regional Financial Institutions by Investing in Small and Medium-sized Domestic Companies with Succession Problems Targeting for the ‘good for all three sides’ : (i) the survival of medium-sized and small ent
Slide 103: Regional Startup Support Programs with Regional Banks
(iii) Steady Progress in Regional Startup Support Programs Based on Joint Fund Operations by the SBI Group and Regional Financial Institutions Using joint fund operations, pursue not only support for the smooth succession and growth of regional businesses, but also regional revitalization through
Slide 104: Repayment of Public Funds by SBI Shinsei Bank
② Repayment of public funds by SBI Shinsei Bank, which the SBI Group considers as a great cause [Unauthorized reproduction is prohibited] 103
Slide 105: Current Status of Voting Rights Ratios
Current Status of Voting Rights Ratios [Recent trends] Note: Rounded to nearest JPY 100m On February 9, 2024, a court authorization was obtained, the SBI Group to execute a purchase of the fractional shares at an amount equivalent to the tender offer price (JPY 2,800 per share before the reverse s
Slide 106: Schedule and Approach for Repayment of Public Funds
Schedule and Approach Related to Repayment of Public Funds [Steady advances in establishing the growth platform and improving profitability at SBI Shinsei Bank] In financing, through simultaneous opening of accounts with SBI SECURITIES, opening co- managed stores with SBI MONEYPLAZA, and leveragin
Slide 107: SBI Shinsei Bank Net Profit and Nikkei 225
SBI Shinsei Bank Consolidated Net Profit and Nikkei 225 Stock Price Feb. 19, 2004 Stock price of SBI Shinsei bank (JPY/left axis) Nov. 7, 2024 IPO price JPY 8,720 Nikkei 225 (JPY/right axis) Nikkei 225 JPY 39,381 Consolidated net Apr. 10, 2006 profit (JPY bn) 40,000 9,000 Highest price JPY 8,880 Sep
Slide 108: Strengthen Asset Management Business
4. Strengthen Asset Management Business to Develop New Revenue Stream (1) Past set targets and measures for their achievement (2) Future targets and strategies for accomplishment [Unauthorized reproduction is prohibited] 107
Slide 109: Past Targets and Measures
（1）Past set targets and measures for their achievement [Unauthorized reproduction is prohibited] 108
Slide 110: SBI Group AUM Exceeded JPY 10 Trillion
SBI Group’s Asset Under Management Exceeded JPY 10 Trillion （JPY billion） YoY JPY 10,309.7bn 11,000 SBI Okasan Asset Management +21％ SBI Okasan SBI RHEOS HIFUMI Asset 10,000 Management SBI Global Asset Management Group 9,000 JPY 8518.2bn JPY 1,745.4bn Private equity, etc. SBI RHEOS 8,000 HIFUMI JPY1
Slide 111: Path to Surpassing JPY 10 Trillion in AUM
SBI Group’s Path to Surpassing JPY 10 Trillion in AUM Mar. 2023 Feb. 2019 July. 2021 Acquisition of Carret AUM from Returned the "Morningstar" brand and received JPY 8bn. Asset Management LLC, a Regional Financial Improve shareholder returns and U.S.-based firm with Institutions strive for business
Slide 112: Future Targets and Strategies
(2)Future target setting and strategies for accomplishment ① Target to JPY 20tn AUM in FY2027 through product diversification and M&A ②Expanding the product lineup for corresponding New NISA and investment in growth markets ③Collaborating with leading global asset management companies to launch new
Slide 113: Target JPY 20 Trillion AUM in FY2027
①Target to JPY 20 Trillion AUM in FY2027 through product diversification and M&A ＜Active＞ ＜ Index & multi-asset＞ ＜ U.S. govt. bonds＞ ＜investment information service＞ AUM * AUM * Approx. JPY 3.1tn Approx. JPY 6.4tn <Private equity, etc.> <Alternative investment> <M&A (planned)> AUM * AUM M&A for AUM
Slide 114: Expanding Product Lineup for New NISA
② Expanding the product lineup for corresponding New NISA and investment in growth markets [Unauthorized reproduction is prohibited] 113
Slide 115: Expand Product Lineup for New NISA
Expand the Product Lineup for corresponding New NISA SBI Asset Management： YoY +17 products Products selected for NISA Growth Quota: 64 (Of which selected for Tsumitate Quota: 9) [Names of major funds] SBI・V・S&P500 Index Fund, SBI・V・All Country Index Fund, SBI・Global Stock Index Fund, SBI・UTI India
Slide 116: Popular Low-cost High-dividend Equity Funds
Offerings of Recent Popular Low-cost High-dividend Equity Funds Net Assets Japan High Dividend Equity US High Dividend Yield/Dividend European High Dividend Fund Growth Index Fund Equity Fund (quarterly distribution-type) JPY 54.0bn (quarterly distribution-type) JPY 80.4bn JPY 13.5bn Management fee:
Slide 117: Newly Formed All World High Dividend Equity Fund
Newly Formed All World High Dividend Equity Fund Name: SBI All World High Dividend Equity Fund (quarterly distribution-type) Management fee: 0.0550% Start date: Oct. 1, 2024 Eligible for the growth quota of the new NISA The lowest cost in the industry as a global equity fund Emerging markets Pro
Slide 118: Funds Investing in Emerging Trends
Focus on Launching and Managing Funds Investing in Emerging Trends [Private Equity] Selected for NISA Growth Quota Fund Name： Hifumi Crossover Pro Company： Rheos Capital Works Setting date: Sept. 12, 2024 • A publicly offered investment trust focused on capital appreciation, through active investmen
Slide 119: Japan's First Saudi Arabia ETF Listed
SBI Asset Management Listed Japan’s First Saudi Arabia ETF on the Tokyo Stock Exchange Name: SBI Saudi Arabia Equity ETF (273A) Management fee: 0.1925%/yr. Listing date: Oct. 31, 2024 Eligible for the growth quota of the new NISA [Background] Economic growth potential Saudi Arabia is advancing its
Slide 120: Collaborating with Global Asset Managers
③ Collaborating with leading global asset management companies to launch new investment products [Unauthorized reproduction is prohibited] 119
Slide 121: First Alternative Strategies Fund Surpassed JPY 12 Billion
SBI Asset Management's First Alternative Strategies Fund Surpassed JPY 12 Billion in Net Assets Fund Name： "SBI-Man Liquid Trend Fund" Trust Fee： 0.998% fixed fee, Zero success fee Application period：August 1st to 15th, 2024 Commencement of management: August 16 First product launched in advance o
Slide 122: Man Group Product Lineup
Asset management product lineup of the UK’s Man Group Total investment: USD 175.7bn (approx. JPY 26.5tn) *March 31, 2024 AHL numericQuant GLG multi-strategy/ Quant multi-asset equity asset multi-manager management management management AUM: JPY 63.8bn (approx. JPY 9tn) AUM: USD 45.4bn (approx. JPY 6
Slide 123: India Equity Index Fund with Franklin Templeton
Launching Japan’s Lowest-Cost India Equity Index Fund in Partnership with Franklin Templeton Fund Name： "SBI-Franklin Templeton India Equity Index Fund" Actual Cost： Application period: Commencement of operations： Approx. 0.2538% From October 7th to 21st, 2024 From October 22nd, 2024 With a over 7
Slide 124: Focusing on Alternative Investments
④ Focusing on alternative investments to diversify the investment products and enhance performance [Unauthorized reproduction is prohibited] 123
Slide 125: Complete Range of Alternative Investment Products
Asset Management Business Now Offers a Complete Range of Alternative Investment Products -Establishing joint ventures with leading overseas companies possessing advanced expertise to provide innovative alternative products sequentially- ｃ Alternative Assets Alternative Digital Assets Strategies ✓Pri
Slide 126: KKR Investment Platform Focused on Private Debt
KKR Investment Platform Focused on Private Debt Total investment: USD 601.0bn (approx. JPY 96.8tn)*as of June 30, 2024 Private equity Real estate Infrastructure & Credit management management management energy management AUM: USD 237.0bn AUM: USD 185bn AUM: USD 75.0bn AUM: USD 76.0bn (approx. JPY 38
Slide 127: KIT Private Debt Strengths
KIT (KKR Income Trust) Private Debt Strengths: Combining of Direct Lending and Asset-Based Finance -Alternative Strategies That have Resilience in Downside Market, Low Correlation, and Attractive Income Potential- Direct Lending Asset-based Finance • Privately placed senior secured corporate • Uniqu
Slide 128: JV with KKR: Private Debt Funds for Japan
JV with KKR: Offering Private Debt Funds Leveraging KIT to Japan Currently, SBI Asset Management is offering private dept fund to domestic institutional investors which is supported by investment information provided by SBI Alternative Asset Management, a JV with KKR, leveraging the expertise of K
Slide 129: Allocate Management Resources to High-growth Countries
5. Allocate management resources to countries expected to have high economic growth and strong investments and loans performance and striving to increase the contribution of overseas operations to overall business performance - Promote arbitrage strategies that takes advantage of differences in dome
Slide 130: GDP Growth Rate Forecast Comparison by Country
Comparison of GDP Growth Rates Forecast of Countries around the World 50 [Total Growth Rate Over 5 Years from 2024 to 2029] 45 43.0 40 36.9 35.5 35 34.0 32.8 30 28.0 28.5 27.7 25.7 25 22.5 20.3 21.0 20 World 15 14.6 14.4 12.8 average 10 7.7 16.9% 5 3.8 G7 average 0 6.8% India Egypt Brunei Darussalam
Slide 131: Present Condition of Overseas Business Development
(1)Present condition of overseas business development ① Overseas financial services business ② Overseas investment activities [Unauthorized reproduction is prohibited] 130
Slide 132: Overseas Business Share of Profit and Total Assets
Overseas Business* Accounts for approx. 10% of the SBI Group’s Consolidated Profit Before Income Tax Expense and Total Assets in FY 2023 Profit Before Income Tax Total Assets Expense JPY JPY 3.4tn 9.6% 13.59bn 12.5% (Group consolidated: (Group consolidated: JPY 141.6bn) JPY 27.1tn) Overseas Japan Ov
Slide 133: Overseas Financial Services Business
① Overseas Financial Services Business [Unauthorized reproduction is prohibited] 132
Slide 134: Overseas Financial Services Business Expansion
SBI Group has Extensively Expanded its Financial Services Business Overseas, with a Focus on Southeast Asia Bank SBI Bank Bank SBI SAVINGS BANK 90.74% ownership 100% ownership Became a wholly subsidiary in Aug. 2017 Became a subsidiary in Mar. 2013 Securities Bank TPBank Russia SBI Thai Online Secur
Slide 135: Performance of Overseas Group Financial Institutions
Performance of Overseas Group Financial Institutions Previous FY This FY ( Unit: JPY Country Ownership Accounting Profit before Profit before YoY change million) Name of the Company /Region ratio (%) period income tax income tax （％） expense expense Bank SBI SAVING BANK South Korea 100 December 8,690
Slide 136: SBI SAVINGS BANK Profit Before Income Tax
Present Condition of Major Overseas Group Financial Institutions (i) SBI SAVINGS BANK Changes in Profit Before Income Tax Expense (IFRS on SBIH intake basis) Before joining the SBI Group, SBI SAVINGS BANK’s performance had deteriorated significantly due to the deteriorating real estate market, whi
Slide 137: Indicators of SBI SAVINGS BANK
Present Condition of Major Overseas Group Financial Institutions (i) SBI SAVINGS BANK -Changes in Indicators of SBI SAVINGS BANK (KRW After Becoming a Subsidiary (K-GAAP)- 100 million) Delinquency rate (％) 180,000 for all loans Total Assets * Converted at KRW 1 = JPY 0.11 51.6％ KRW 14,821.1bn 160,00
Slide 138: TPBank
Present Condition of Major Overseas Group Financial Institutions : (ii)TPBank (20.0% ownership) A commercial bank established in May 2008 by FPT, Vietnam's largest IT company SBI Group has participated in the company since August 2009 and made it an equity method affiliate in February 2023 Lis
Slide 139: SBI LY HOUR BANK
Present Condition of Major Overseas Group Financial Institutions : (iii)SBI LY HOUR BANK (70.0% ownership) Acquired a medium-sized microfinance company from a major conglomerate in Cambodia, LY HOUR Group, and converted it into a commercial bank in Mar. 2020 To pursue further growth as a bank wh
Slide 140: UDC Finance Limited
Present Condition of Major Overseas Group Financial Institutions : (iv)UDC Finance Limited (100% ownership) New Zealand’s largest non-bank, which became a wholly owned subsidiary in Sept. 2020 Strengths in retail auto loans, corporate asset finance, and inventory financing for auto dealers Ste
Slide 141: Overseas Investment Activities
② Overseas investment activities [Unauthorized reproduction is prohibited] 140
Slide 142: Alliances with Prominent Local Partners
Focus on the Expansion of Investment Business through Active Alliances with Prominent Local Partners Venture Capital in Germany Silicon Valley-based venture capital Digital Assets Bank in Switzerland SBI Investment Korea The largest Ministry of Finance, The largest high-tech independent Brunei-Darus
Slide 143: Targeting BRICS for Business Expansion
Targeting BRICS for Business Expansion Where High Economic Growth is Expected [Expanding BRICS] Four new BRICS countries joined this January Purchasing power parity GDP, population, and other indicators of the nine BRICS member countries already exceeded those of the G7 Egypt UAE Other Brazil Ru
Slide 144: Investment Activities in the Middle East
Various Activities with a Focus on Investment in the Middle East Region Saudi Arabia Signed a basic agreement on business alliance with NTG, a leading ICT company, to jointly establish an alternative trading system (ATS/equivalent to Japan's PTS). International Finance Corporation (IFC) plans to p
Slide 145: Private Credit and Real Estate Securitization Development
Further Develop Business in Areas such as Private credit and the Securitization of Real Estate SBI Group’s executives traveled to Saudi Arabia at the end of October 2024 and held various meetings with leading companies and government agencies The Ministry of the National The Ministry of Investment f
Slide 146: Investment Business in Africa
Focusing on Investment Business in Africa -Signed a Strategic Capital Alliance Agreement with UK-based Venture Capital Firm Novastar which invests in Africa (November 2, 2023)- Investing in promising African startups with Novastar's years of investment experience and presence in Africa Investment in
Slide 147: Mission of Overseas Business Management Division
(2) Advance Internal Structure to Bolster Overseas Operations: Mission of newly established Overseas Business Management Division I. Generate profit before income tax expense equivalent to 20-30% of the overall Group through overseas operations over the next 3-5 years II. Build a system for the opti
Slide 148: Organizational Structure of SBI International Business Dept.
Diagram of the Organizational Structure of the SBI International Business Dept. SBI International Business Dept. (A vice-president-level person will be invited from outside as general manager) International Corporate International Business Management Dept. (Temporary) Administration Dept. (Temporary
Slide 149: Initiatives in the Digital Asset Field
6. Developing various initiatives in the digital asset field which is a next-generation growth area (1) Crypto asset exchanges which are steadily expanding their customer base strives to strengthen services for corporate customers to further increase revenue (2) Promoting initiatives to utilize toke
Slide 150: Crypto Asset Exchanges Strengthen Corporate Services
(1) Crypto asset exchanges which are steadily expanding their customer base strives to strengthen services for corporate customers to further increase revenue [Unauthorized reproduction is prohibited] 149
Slide 151: Trend in Number of Crypto Asset Customers
Trend in Number of Crypto Asset Customers - The pace of new account acquisition is accelerating - QoQ (Thousand accounts) +6.9% 1,000 *Total number of SBI VC Trade and BITPOINT accounts 950.0 888.8 July 1, 2022 BITPoint Japan became a 806.9 800 consolidated subsidiary 727.7 695.3 666.7 612.7 635.5 5
Slide 152: Staking Services Performed Well
Staking Services Provided by the SBI Group Performed Well Staking is the process of earning rewards by participating in generation and approval of blocks and supporting the operation of the blockchain network, which adopts a proof-of- stake mechanism, in accordance with the amount of crypto assets h
Slide 153: SBI VC Trade and BITPOINT Respond to Customer Needs
SBI VC Trade and BITPOINT Respond to Various Customer Needs through Business Development that Leverages Their Respective Characteristics [Expanding the number of crypto assets handled] Promoting the expansion of crypto assets handled to realize a lineup that is as good as other companies SBI VC Trad
Slide 154: Strategic Partnership with Oasys
Forms Strategic Business Partnership with Oasys, a Blockchain Gaming Platform from Japan (Announced on August 29, 2024) • Oasys is a blockchain platform from Japan dedicated to the use in gaming. Since the inception, several major gaming companies such as SEGA and SQUARE ENIX and telecommunications
Slide 155: SBIVC for Prime Service
SBI VC Trade Strengthen “SBIVC for Prime,” a Service for Large-lot and Corporate Customers Safety & Security High-volume Trading Provides a variety of crypto asset Offers a cash-back service based on the transaction amount for large-lot customers services under strong security Provides special
Slide 156: Regulatory Reforms Toward Cryptocurrency ETFs in Japan
Contribute to Regulatory Reforms Towards the Approval for the Formation of Cryptocurrency ETFs in Japan While cryptocurrency ETFs introduced overseas attract capital inflows, it is currently considered practically impossible to establish cryptocurrency ETFs in Japan since crypto assets do not belo
Slide 157: Initiatives Using STs and NFTs in Web3
(2) Promoting initiatives to utilize tokens such as STs and NFTs in the field of Web3 ① Sponsors the “EXPO2025 DIGITAL WALLET” project and provides “MYAKU-N” at EXPO2025, Osaka, Kansai, Japan ② WebX Osaka to be Held Jointly on August 26, 2025 ③ SBI R3 Japan supports Asia's first next-generation Cord
Slide 158: EXPO2025 DIGITAL WALLET and MYAKU-N
① Sponsors the “EXPO2025 DIGITAL WALLET” Project and Provides “MYAKU-N” at EXPO2025, Osaka, Kansai, Japan SBINFT issues on XRP Ledger, a decentralized public blockchain SBI VC Trade plans to develop and provide a dedicated website for storing and viewing A limited number of special MYAKU-N to celebr
Slide 159: WebX Osaka Co-hosted Event
② The Co-hosted event, WebX Osaka to be Held Jointly on August 26, 2025 The co-hosted event, WebX Osaka will be held on 26 August 2025, as a following event of WebX 2025 which is one of the largest Fintech and Web3 events in Japan during the EXPO2025, Osaka, Kansai, Japan The event will be held
Slide 160: SBI R3 Japan Supports Progmat SaaS
③ SBI R3 Japan Supports Asia’s First Next- generation Corda Implementation with Progmat, Inc.’s Release of Progmat SaaS Progmat, an investee company of the Group, released a SaaS version of its digital asset issuance and management platform, Progmat SaaS in October, which utilizes Corda, R3 US dev
Slide 161: SBI Digital Asset Holdings Global Initiatives
④ SBI Digital Asset Holdings Globally Promotes Various Initiatives Related to Digital Assets Supports Project Agora in which SBI Shinsei Bank participates Basic agreement on “Project Agora”, an initiative Operates SBI Digital strategic partnership led by the Bank for Markets (invested by with Chiliz
Slide 162: Mynavi to Become Equity-method Affiliate
1. Mynavi, with whom we formed a capital and business alliance in November 2023, will become an equity-method affiliate by the end of November 2024, enabling further pursuit of business synergies between both groups [Unauthorized reproduction is prohibited] 161
Slide 163: Mynavi Converted to Equity Method Affiliate
Mynavi will be Converted to an Equity Method Affiliate by the end of November 2024 After the capital and business alliance in November 2023, both groups will promote collaborative projects SBI Group plans to increase its shareholding in Mynavi from the current 19.77% to 20% by November 2024 through
Slide 164: Mynavi Collaboration: Regional Revitalization Projects
Example of Business Collaboration with Mynavi① Strengthening the SBI Group’s Regional Revitalization Projects Mynavi has participated and invested in the Regional Revitalization Partners (in April 2024) Management Structure of Regional Revitalization Partners [Mynavi] Examples of initiatives by Myna
Slide 165: Mynavi Collaboration: Employee Benefit Services
Example of Business Collaboration with Mynavi② Expansion of Employee Benefit Services for the SBI Group Employees First outside company to introduce Mynavi’s employee benefit service “Derisasu” (in August 2024) [Derisasu] Mynavi works to further expand support for sustainable agriculture and marketi
Slide 166: Mynavi Collaboration: Supporting Regional Companies' Recruiting
Example of Business Collaboration with Mynavi③ Supporting Small and Medium Regional Companies Facing Challenges in Recruiting Human Resources Leveraging Mynavi’s human resources expertise to support the growth of small and medium regional companies invested in by the SBI Group’s Business Succession
Slide 167: Mynavi Collaboration: Life Plan Simulation Function
Example of Business Collaboration with Mynavi④ Jointly Developed a Life Plan Simulation Function -Job change site “Mynavi Scouting” to begin offering this service on October 31- Life Planning and Career Assessment Job change data, Collaboration including annual income Life Plan Simulation Function [
Slide 168: Reference
[Reference] [Unauthorized reproduction is prohibited] 167
Slide 169: Synergies between SBI Group and SBI Shinsei Bank
Synergies between the SBI Group and SBI Shinsei Bank Definition of ‘measures to create synergies’ in SBI Shinsei Bank's medium-term management plan formulated in 2022 and assumed breakdown of the target value of JPY 15bn for FY2024 (JPY bn) Increase the number of retail customers, optimize face-to-f
Slide 170: SBI Group Customer Base Exceeding 51 Million
SBI Group Has a Customer Base Exceeding 51 Million (Thousand) Breakdown of the Customer Base (as of the end of Sept. 2024) *1,2 (Thousand) 52,000 51,986 SBI SECURITIES YoY SBI Neotrade Securities (No. of accounts) 13,315 +10.2% FOLIO 48,000 47,157 SBIH InsWeb (No. of customers) 11,240 YoY +9.1% E-Lo
Slide 171: Number of Companies and Employees of the SBI Group
Number of Companies and Employees of the SBI Group (Consolidated) Number of Group Companies End of Mar. 2024 End of Sept. 2024 Consolidated subsidiaries (companies) 595 629 Consolidated partnerships (partnerships) 64 60 Total consolidated subsidiaries (companies) 659 689 Equity method companies (com
Slide 172: SBI Group's Shareholders Composition
SBI Group’s Shareholders Composition Has Become More Balanced (As of the end of Sept. 2024) Total number of shareholders is 256,293 , of which the number of shareholders who hold one unit or more is 179,556 *1 Shareholding ratio of domestic and foreign institutional investors is 58.3% （％） Trends
Slide 173: https://www.sbigroup.co.jp
https://www.sbigroup.co.jp [Unauthorized reproduction is prohibited] 172