Sbi Holdings Incorporated · TSE:8473
Sbi — Sbi Holdings Inc Ord — FY2024 Earnings Presentation
172 slides from Sbi's earnings presentation, May 10, 2025
Slide 1: SBI Holdings, Inc. Financial Results
Strategic Business Innovator SBI Holdings, Inc. Financial Results (Fiscal Year Ended March 31, 2025) May 9, 2025 [Unauthorized reproduction is prohibited] 0
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: FY2024 Consolidated Performance
Ⅰ. FY2024 Consolidated Performance [Unauthorized reproduction is prohibited] 2
Slide 4: Consolidated Performance Overview
[Consolidated Performance Overview] • Revenue increased 19.3% year-on-year to JPY 1,443.7bn, which is a record high, due to stable performance in Financial Services Business and Asset Management Business, as well as a contribution from significant increase in PE Investment Business* and Crypto-asset
Slide 5: FY2024 Consolidated Performance (IFRS)
FY2024 Consolidated Performance (IFRS) [Year-on-year comparison] (Unit: JPY million) FY2023 FY2024 YoY (%) (Apr. 2023 – Mar. 2024) (Apr. 2024 – Mar. 2025) Revenue 1,210,504 Record high 1,443,733 +19.3 Profit before income tax expense 141,569 282,290 +99.4 Profit for the period 113,616 189,158 +66.5
Slide 6: Profit Before Income Tax Comparison
Comparison of Consolidated Profit Before Income Tax Expense with Major Securities Companies FY 2024 YoY (%) (Apr. 2024 – Mar. 2025) Profit before income SBI Holdings 282,290 +99.4 tax Expense (JPY million) （IFRS） ROE(%) 12.8 +5.1pt Profit before income Nomura Holdings 471,964 +72.3 tax Expense (JPY
Slide 7: FY2024 Performance by Segment
FY2024 Performance by Segment (IFRS) [Year-on-year comparison] (Unit: JPY million) Revenue Profit Before Income Tax Expense FY2023 FY2024 FY2023 FY2024 (Apr. 2023– (Apr. 2024– YoY (%) (Apr. 2023– (Apr. 2024– YoY (%) Mar. 2024) Mar. 2025) Mar. 2024) Mar. 2025) Financial Services 1,094,098 1,202,206 +
Slide 8: Annual Dividend for FY2024
Annual Dividend for FY2024: JPY 170 per Share, an Increase of JPY 10 Compared to FY2023 ■ Dividend per share Payout Ratio Interim Year-end Annual (%) FY2024 JPY 30 JPY 140 JPY 170 31.7 JPY 130 FY2023 JPY 30 (Including JPY 10 commemorative dividend to celebrate the 25th JPY 160 50.6 anniversary since
Slide 9: Basic Shareholder Return Policy
The Company’s Basic Shareholder Return Policy • The Company determines a total shareholder return ratio, which is the sum of dividend payouts and share buybacks, of approximately 30% of the profit before income tax expense attributable to Financial Services Business excluding extraordinary factors s
Slide 10: Shareholder Benefits This Fiscal Year
Following Last Year, Shareholder Benefits will be Implemented This Fiscal Year [Details of shareholder benefits] *Shareholders listed or recorded in the shareholder register as of Mar. 31, 2025, are eligible Qualified Shareholders who have held shares For shareholders other than on the left sharehol
Slide 11: Shareholder Benefits Market Value
The Market Value of Shareholder Benefits (XRP) Relative to the Average Acquisition Price is Currently Approximately 7 Times XRP converted at the rate at the end of July From the end of Mar. 2020 when the shareholder benefits, XRP distributed, a total of five distributions were made until now (In c
Slide 12: Business Overview of Each Segment
[Business Overview of Each Business Segment] [Unauthorized reproduction is prohibited] 11
Slide 13: Financial Service Business
1. Financial Service Business *1 [Financial Service Business Consolidated Results (IFRS)] (Unit: JPY million) FY2023 FY2024 YoY (Apr. 2023 – Mar. 2024) (Apr. 2024 – Mar. 2025) (%) Record Revenue 1,094,098 high 1,202,206 +9.9 Profit before income tax expense 172,918 225,369 +30.3 Breakdown of Profit
Slide 14: Banking Business
1. Financial Services Business: (1) Banking Business [Major constituent companies] SBI Shinsei Bank Group, SBI Sumishin Net Bank, SBI ARUHI, Overseas banks including SBI SAVINGS BANK [Unauthorized reproduction is prohibited] 13
Slide 15: SBI Shinsei Bank FY2024
1.（1） Banking Business： SBI Shinsei Bank SBI Shinsei Bank FY2024 Consolidated Performance [JGAAP] Note: Units are rounded down to second decimals FY2023 FY2024 YoY (Unit: JPY billion) (Apr. 2023–Mar. 2024) (Apr. 2024–Mar. 2025) (%) Revenue 267.9 298.7 +11 Ordinary Business Profit 102.2 130.2 +27 Net
Slide 16: SBI Sumishin Net Bank
1.（1） Banking Business： SBI Sumishin Net Bank Performance of SBI Sumishin Net Bank (Equity ratio : 34.21%) FY2023 FY2024 YoY (Unit: JPY million) (Apr. 2023–Mar. 2024) (Apr. 2024–Mar. 2025) (%) Ordinary profit (J-GAAP) 34,846 38,190 +9.6 Share of profit of investments accounted for 4,462 6,436 +44.3
Slide 17: SBI SAVINGS BANK
1.（1） Banking Business： SBI SAVINGS BANK Performance of SBI SAVINGS BANK (Profit Before Income Tax Expense/IFRS) (Unit: JPY million) FY2023 FY2024 YoY（%） (Apr. 2023–Mar. 2024) （Apr.2024 – Mar. 2025） IFRS 12,498 18,146 +45 Although the high credit cost burden on personal credit loans and housing-ba
Slide 18: 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 FY 2024 r
Slide 19: SBI SECURITIES FY2024
SBI SECURITIES FY2024 Consolidated Results (J-GAAP) [Year-on-year comparison] (JPY million) FY2023 FY2024 YoY (%) (Apr. 2023 - Mar.2024) (Apr. 2024 - Mar.2025) Operating Revenue 203,398 Record high 238,867 +17.4 Net Operating Revenue 182,752 Record high 211,419 +15.7 Operating Income 68,686 Record h
Slide 20: Recovered Lost Earnings
1.(2)Securities Business： SBI SECURITIES Recovered Lost Earnings of approx. JPY 38.0bn (estimate*1) due to the “ZERO Revolution” by Diversifying its Revenue Sources [Comparison of SBI SECURITIES’ Consolidated Operating Revenue (Net Sales) Breakdown] (JPY million) 238,867 240,000 19 （0.0％） Others 220
Slide 21: Margin Trading Positions
1.(2)Securities Business： The Balance of Margin Trading Positions has Recovered to the Level Seen before the Market Plunge in August 2024, Leading to a Record-high Financial Revenue for the Quarter [Trend of Open Interest Credit Balance (EoM)] [Trend of Financial Revenue] （JPY million） Aug.2024 25,0
Slide 22: Foreign Stocks Commission Income
1.(2)Securities Business： Commission Income from Foreign Stocks Reached a Record High due to Brisk Trading, Especially in U.S. Stocks • Trading is increasing due to the start of the New NISA in Jan. 2024, and the ZERO Revolution Part 3, announced on Dec. 1, 2023, which waived real-time exchange fees
Slide 23: Trading Revenue of SBI SECURITIES
1.(2)Securities Business： Trading Revenue of SBI SECURITIES (consolidated) -Revenue from FX trading increased- （JPY million） FX revenue Record YoY Crypto asset trading revenue High 70,000 ＋2.1% Others (revenue through foreign currency bond, etc) 60,000 56,290 57,450 50,222 51,551 50,000 46,670 40,00
Slide 24: FX Trading Accounts
1.(2)Securities Business： 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 Companies FX Trading Companies (Thousand （as the end of Mar. 2022
Slide 25: Investment Trust Fees
1.(2)Securities Business： Investment Trust Fees Hit an All-time high, Driven by the Growth of the Customer Base from the “ZERO Revolution” and the Increase in Investment Trust Balance Following the Introduction of the New NISA [SBI Securities’ Quarterly [Investment Trust Fees] Investment Trust Balan
Slide 26: IPO Underwriting Share
1.(2)Securities Business： SBI SECURITIES Has Been Maintaining the Highest IPO Underwriting Share in the Industry Since FY2012 -Steady growth in POs and corporate bond underwritings- IPO Underwriting Ranking（Apr. 2024 – Mar. 2025） SBI SECURITIES 83 companies were listed during Apr. 2024 to Mar. 2025
Slide 27: 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 Co., Ltd.(planned) [Unauthorized reproduction is prohibited] 26
Slide 28: SBI Insurance Group Performance
1.（3） Insurance Business： SBI Insurance Group’s Performance Consolidated results for FY2024（J-GAAP） (Unit: JPY million) FY2023 FY2024 YoY (Apr. 2023 – Mar. 2024) (Apr. 2024 – Mar. 2025) （%） Ordinary income 109,339 Record High 118,463 +8.3 Ordinary profit 8,236 Record High 9,474 +15.0 Profit attribut
Slide 29: In-Force Contracts
1.（3） Insurance Business： SBI Insurance Group’s Total Number of In-Force Contracts CAGR 15.2% (End of Mar. 2016 to the end of Mar. 2025) 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 joined the 2.99 3.00
Slide 30: 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) FY2023 FY
Slide 31: SBI Global Asset Management
2. Asset Management Business： Consolidated Results of SBI Global Asset Management (J-GAAP) (Unit:JPY million) FY2023 FY2024 YoY（%） （Apr. 2023 – Mar. 2024） （Apr. 2024 – Mar. 2025） 10,137 11,568 +14.1 Record Revenue high 2,111 2,269 +7.5 Record Operating profit high Ordinary profit 2,510 Record high 2
Slide 32: RHEOS HIFUMI and Okasan Asset Management
2. Asset Management Business： Financial Results for SBI RHEOS HIFUMI and SBI Okasan Asset Management *1 Consolidated Results (J-GAAP) (Unit:JPY million) FY2023 FY2024 YoY（%） （Apr. 2023 – Mar. 2024） （Apr. 2024 – Mar. 2025） 10,309 11,424 +10.8 Record Operating Revenue high Ordinary Profit 1,797 Record
Slide 33: Group AUM Reached JPY 10 Trillion
2. Asset Management Business： SBI Group’s AUM Reached JPY 10 Trillion -Targeting AUM of JPY 20 Trillion by the End of FY2027- （JPY billion） YoY +7.5％ 12,000 JPY 10,546.4 bn SBI Okasan Asset 11,000 SBI Okasan Asset Management Management SBI RHEOS HIFUMI JPY 1,687.9bn 10,000 SBI Global Asset Managemen
Slide 34: PE Investment Business
3. PE Investment Business*1 [Major constituent companies/businesses] Private Equity Business [Investment Business Consolidated Results (IFRS)] (Unit: JPY million) FY2023 FY2024 YoY (%) (Apr. 2023–Mar. 2024) (Apr. 2024–Mar. 2025) Revenue 25,528 112,708 +341.5 Profit before income tax expense -17,729
Slide 35: IPOs and M&As of Investee Companies
3. PE Investment Business IPOs and M&As of the SBI Group’s Investee Companies FY2024 Results FY2025 Prospects Number of IPO・ M&A deals 20 25 20 companies realized IPO and M&A in FY 2024 EXIT Date Investee company Market EXIT Date Investee company Market June 5, 2024 Astroscale Holdings Inc. TSE Grow
Slide 36: Assets Under Management
3. PE Investment Business Assets Under Management of the SBI Group (As of the end of Mar. 2025) （Excluding JPY 34.06bn of both cash Private equity, etc. JPY 882.4bn (*1) and commitment amount to be paid in) (*2) Breakdown of operating investment Balance Breakdown of operating Balance securities by I
Slide 37: Crypto-asset Business
4. Crypto-asset Business [Major constituent companies / business] SBI VC Trade, BITPoint Japan, B2C2, crypto asset mining business, HashHub, etc. [Crypto-asset Business Consolidated Performance (IFRS)] (Unit: JPY million) FY2023 FY2024 YoY(%) (Apr. 2023 – Mar. 2024) (Apr. 2024– Mar. 2025) Record Rev
Slide 38: 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) FY2023 FY2024 YoY(%) (Apr. 2023 – Mar. 2024) (Apr. 2024– Mar. 2025) Reven
Slide 39: Vision for the 30th Anniversary
II. Vision for the 30th Anniversary of Our Founding -New Medium-term Vision Targeting FY2028- [Unauthorized reproduction is prohibited] 38
Slide 40: SBI Group Experienced Growth
SBI Group Experienced Remarkable Growth Between its 20th and 25th Anniversaries At the time of 20th anniversary 25th anniversary Compared founding (As of the (As of the to the end (July 8, 1999) end of March 2019) end of March 2024) of Mar. 2019 SBI Group’s customer base 0 25.2m 50.5m 2.0x Net sales
Slide 41: Further Expansion of Customer Base
Further Expansion of the Customer Base is Essential for the SBI Group’s Future Growth (Thousand) Breakdown of the Customer Base 54,422 (as of the end of Mar. 2025) *1,2 (Thousand) 55,000 SBI SECURITIES YoY SBI Neotrade Securities (No. of accounts) 14,093 +7.8% FOLIO 50,501 SBIH InsWeb (No. of custom
Slide 42: Key Indicators of New Vision
Vision for the 30th Anniversary (FY2028) of Our Founding <Key Indicators of The New Medium-term Vision> (Reference.)FY2024 FY2028 (Apr. 2024 -Mar. 2025) (Apr. 2028 -Mar. 2029) Results Targets SBI Group’s customer base 54.22m 100m Consolidated profit before income tax expense 282.3bn 500.0bn The shar
Slide 43: Building on the Customer Base
Building on the Customer Base Accumulated over the Years, the SBI Group is Striving for Further Advancement 20th 25th 30th anniversary anniversary anniversary (FY2023) (FY2028) (FY2018) Results Results Targets SBI Group’s ＋100% ＋98% customer base 25.2m 50.50m 100m Consolidated profit ＋253.2% ＋70.5%
Slide 44: Key Initiatives for New Vision
III. Key Initiatives for Realizing the SBI Group’s New Vision and Driving Transformational Growth 1. By further expanding the customer base, business assets, and financing capabilities built over the years, and by fully leveraging the evolved ecosystem, the SBI Group will strengthen its business pla
Slide 45: Expanding Customer Base and Financing
Part 1, By further expanding the customer base, business assets, and financing capabilities built over the years, and by fully leveraging the evolved ecosystem, the SBI Group will strengthen its business platform (1) By expanding alliances and driving M&A both domestically and internationally, the S
Slide 46: Expand Alliances and M&A
(1) By expanding alliances and driving M&A both domestically and internationally, the SBI Group will build a dominant customer base ① To achieve 30 million securities accounts as early as possible, SBI SECURITIES will further strengthen existing alliances and reach out to customers at all levels ② S
Slide 47: Achieve 30 Million Securities Accounts
① To achieve 30 million securities accounts as early as possible, SBI SECURITIES will further strengthen existing alliances and reach out to customers at all levels (i) Achieve organic growth by expanding product lineup, continuously improving services, and creating a safe and secure trading environ
Slide 48: SBI Group Securities Accounts
SBI Group Will Endeavor to Achieve 30 Million Securities Accounts as Soon as Possible Achievement of 30m accounts [Image] Expand new alliances Further develop efforts of existing alliances New alliance, M&A Etc. 5m accounts Acquisition of New & young customers Existing 3m accounts alliance 14.09m 3m
Slide 49: Rapid Growth Since ZERO Revolution
SBI Group’s Number of Securities Accounts is Expanding Rapidly Since the Announcement of the “ZERO Revolution” Initiative -SBI SECURITIES has the largest number of accounts in the industry- <Number of Securities Accounts of the SBI Group and Major Face-to-face Securities Companies> *CAGR is calculat
Slide 50: Share of Individual Stock Trading Value
Driven by the Expansion of its Customer Base, the SBI Group has Significantly Increased its Share of Individual Stock Trading Value, Reaching a Dominant Market Position [Share of Individual Stock Trading Value（%） ] [ Of which, Share of Individual Margin Trading Value（%） ] YoY change SBI SBI YoY chan
Slide 51: Share of Brokerage Trading Value
SBI SECURITIES’ Share of Trading Value, the Sum of Individual and Institutional Investors, has Doubled over the Past Five Years <Quarterly Share of Brokerage Trading Value of SBI SECURITIES and the Three Major Face-to-Face Brokerage Firms> June 2019 Announced the “Neo-securities 25.0% concept” which
Slide 52: Initiatives to Achieve 30 Million Accounts
Initiatives to achieve 30 million securities accounts: (i) Achieve organic growth by expanding product lineup, continuously improving services, and creating a safe and secure trading environment a. Expanding the lineup of investment trusts exclusively sold by SBI SECURITIES to meet the diversificati
Slide 53: Investment Trusts
a. Expanding the lineup of investment trusts exclusively sold by SBI SECURITIES to meet the diversification needs of customer portfolios [Unauthorized reproduction is prohibited] 52
Slide 54: Alternative Strategy Fund
Alternative Strategy Fund Offered in Partnership with Man Group Seeks Returns Even Amid Market Volatility “SBI-Man Liquid Trend Fund” • Managed using the Trend Following Strategy, known for generating “Crisis Alpha” • Effectively managed by UK-based Man Group, one of the world’s largest alternative
Slide 55: Quarterly Distribution Funds
SBI SECURITIES Exclusively Sells a Fund with Quarterly Distributions Managed by SBI Asset Management • Launched 13 investment trusts with quarterly distributions, all of which are exclusively offered through SBI SECURITIES • By combining these funds, it is possible to construct an investment approac
Slide 56: Focus on iDeCo
b. With asset building for retirement attracting attention, focus on iDeCo, which is promoted by the government and expected to expand further in the future [Unauthorized reproduction is prohibited] 55
Slide 57: iDeCo and Corporate 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 • As for corporate type DC, the number of
Slide 58: 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> (End of Nov. 2017 – End of Mar. 2025) From December 2024, the employer’s certificate
Slide 59: CFD Market Growth
c. In the Rapidly Growing Contract For Difference (CFD) Area, a New Service is Scheduled to Launch around the end of August Number of transactions of OTC Volume of transactions of OTC CFDs related to stock indexes CFDs related to stock indexes FY2019 FY2024 FY2019 FY2024 16.83m 50.50m JPY 29.1tn JPY
Slide 60: Improve UI/UX
d. Continuously Improve UI/UX for Increased Convenience for Users July 6, 2024 July 2024 Oct. 2024 Current main site Investment trust Bonds responsive website renewal website renewal Dec. 2024 Mar. 2025 May 2025 (Plan) Fall 2025 (Plan) Renewal of Deposit FX Application & Website Navigation Renewal o
Slide 61: Safe and Secure Transactions
e. Responding to the Recent Increase in Phishing Scams and Creating a Safe and Secure Transaction Environment for Customers Provide multi-factor authentication Additional authentication by birth date (FIDO and device authentication) introduced at the time of transaction *Multi-factor authentication
Slide 62: Digital Age Products
Initiatives to achieve 30 million securities accounts: (ii) Focus on distributing new products for the digital age a. The security token (ST) market is steadily expanding b. SBI Global Asset Management prepares to offer digital asset-related products [Unauthorized reproduction is prohibited] 61
Slide 63: Security Token Market
a. The Security Token (ST) Market is Steadily Expanding ST is a digital security that applies blockchain technology to securities and is expected to be a next-generation financial product. SBI SECURITIES is actively involved as part of its revenue diversification strategy, including Japan’s first
Slide 64: Digital Asset Products
b. SBI Global Asset Management Group is Working toward Offering Digital Asset-related Products -In an unstable economic environment, crypto assets are an optimal choice for diversified investments- [Recent Trends in U.S. Long-Term Treasury Prices, U.S. Stocks, Gold Prices, and Bitcoin Prices (Indexe
Slide 65: Cryptocurrency ETFs Worldwide
Starting with BTC, Various Cryptocurrency ETFs Have Been Listed in Countries around the World In January 2024, the U.S. Securities and Exchange Commission (SEC) approved the listing of 11 spot Bitcoin ETFs By April 2025, the total AUM for these 11 ETFs surpassed USD 100bn (approximately JPY 14.7
Slide 66: Partnership with Franklin Templeton
In Partnership with Franklin Templeton, Developing Funds with Crypto Asset Exposure and ETFs Franklin Resources, Inc., with a history of over 75 years, is known globally under the name “Franklin Templeton.” The company manages approximately USD 1.5tn in assets (equivalent to around JPY 217tn) Cu
Slide 67: Crypto Asset Fund in Preparation
Investment Trust Incorporating Crypto Assets in Preparation In the “Review of the Regulatory Framework for Crypto Assets,” disclosed by the Financial Services Agency on April 10, 2025, a legal revision is being considered to treat crypto assets as financial instruments Crypto assets can be positio
Slide 68: Open Alliance Expansion
Initiatives to achieve 30 million securities accounts: (iii) Expansion of open alliance based on deepening of existing alliances and collaboration with new alliances, as well as seeking out potential acquisition targets [Unauthorized reproduction is prohibited] 67
Slide 69: Open Alliances with Companies
SBI SECURITIES Builds Win-win Relationships with Various Companies Inside and Outside the Group Through Open Alliances Financial Products Intermediary Simultaneous account opening Credit card accumulation Point investment etc. Endeavor to further expand open alliances based on deepening existing all
Slide 70: Alliance-Driven Customer Base Growth
Open Alliance has Contributed to the Expansion of SBI SECURITIES’ Customer Base Number of Accounts Acquired through alliances of SBI SECURITIES and Ratio of Alliances in Total Accounts Acquired Number of accounts acquired through alliances *January 2023 indexed as 1 for Alliance ratio Jan. 2024 Numb
Slide 71: Multi-Card Strategy
Multi-card Strategy through Open Alliances Contributed to an Increase in the Number of Customer Acquisitions and Cumulative Amount of Regular Investment in Investment Trusts • SBI SECURITIES accepts Sumitomo Mitsui Card, Takashimaya Card, Tokyu Card, APLUS, UCS Card (Pan Pacific International Card),
Slide 72: Multipoint Ecosystem
Multipoint Ecosystem Has Been Successfully Established SBI SECURITIES has established multipoint ecosystem where the customers can choose the shared points they are most likely to use by cooperating with various companies outside the Group through open alliance Saving points by opening accounts, buy
Slide 73: Collaboration with SMBC Group Olive
Collaboration between SBI SECURITIES and SMBC Group “Olive” Achieved Great Results [Previous partnership strategies] Ability to check balances held in a securities account and trade in investment trust handled by SBI SECURITIES on the SMBC app and the “Vpass app”, a Sumitomo Mitsui Card applicatio
Slide 74: Build Long-Term Relationships
Initiatives to achieve 30 million securities account: (iv) Build long-term relationships with customers by reaching out to a younger generation, many of whom are beginners or inexperienced investors a. Promoting financial education and dissemination of investment information to investors b. Supporti
Slide 75: Financial Education Initiatives
a. Promoting Financial Education and Dissemination of Investment Information to Investors Provision of financial education by Financial Education Promotion Office • Held more than 1,200 financial education seminars at businesses, regional governments and organizations, schools, etc. Providing invest
Slide 76: Supporting Inexperienced Investors
b. Supporting asset building of inexperienced investors and customers who feel worried about investing through the provision of robo advisors [Unauthorized reproduction is prohibited] 75
Slide 77: SBI Wrap Automated Investment Service
Offering “SBI Wrap,” a Fully Automated Discretionary Investment Service Utilizing AI Technology that Enables Inexperienced Investors to Easily Make Sophisticated Investments • “SBI Wrap,” a fully automated asset management service jointly developed by SBI SECURITIES and FOLIO, is available from Marc
Slide 78: ROBOPRO Risk and Return
FOLIO’s Robo Advisor “ROBOPRO” Realizes Favorable Risk and Return Comparison of Risk and Return of Major Robo Advisors Annualized (End of January 2020-Feburary 2025) Return 25% ROBOPRO Low risk high Risk: 10.90% return Return: 15.82% 20% Sharpe ratio: 1.40 15% 10% 5% 0% High risk low return -5% 0% 5
Slide 79: Strengthen Overseas Business Foundation
② Strengthening our overseas business foundation in light of the global responses to the tariff policies implemented under the Trump administration in the U.S (i) Strengthen the foundation in existing regions and accelerate expansion into new areas with a view to building a global supply network for
Slide 80: Trump Tariff Measures
Trump Administration’s Tariff Measures Announced on April 2, 2025 Continue to Exert a Large Impact on the Global Economy <Country-specific tariffs announced by the U.S. (*1)> Japan 24% S. Korea 25% Cambodia 49% China 145% (*2) India 26％ Thailand 36% EU 20％ Vietnam 46％ Taiwan 32% (*1) For many countr
Slide 81: Impact of Tariffs on Japan
Impact of Tariffs on Japan and the Future Economic Outlook Adverse effects on the Japanese economy from a worsening of U.S.- bound exports ⇒ Among Japan’s total export value of JPY 107tn in 2024, exports to the U.S. were JPY 21.3tn (about 20% of total exports). Automobiles and automotive parts acc
Slide 82: Expand Overseas Business
(i) Strengthen the foundation in existing regions and accelerate expansion into new areas with a view to building a global supply network for local production for local consumption by Japanese companies, which is expected to increase worldwide in the future (a) Present condition of the SBI Group’s o
Slide 83: Present Condition of Overseas Business
(a) Present condition of the SBI Group’s overseas business [Unauthorized reproduction is prohibited] 82
Slide 84: Cross-Group Overseas Structure
SBI Group is Developing a Cross-group Structure to Strengthen Overseas Business As a department specializing in the promotion of this project, the International Business Dept Preparatory Office was established within SBIHD as of November 1. The office is steadily promoting the establishment of a new
Slide 85: Securities Business Overseas
Group Companies Operating Securities Business Overseas < Changes in Profit Before Income Tax Expense under Local Accounting Standards > SBI Royal Securities (65.29% ownership) (Unit: JPY million) 58.5 60 The only Japanese-affiliated comprehensive securities firm in 44.4 Cambodia, positioned as a l
Slide 86: TPBank Ownership
Group Companies Operating Banking Business Overseas ① TPBank (20.0％ ownership) SBI Group has participated in the company since August 2009 and made it an equity method affiliate in February 2023. Listed on Ho Chi Minh Stock Exchange; market capitalization is approx. JPY 220bn as of March 31, 2025
Slide 87: SBI LY HOUR BANK
Group Companies Operating Banking Business Overseas ② <Changes in Profit Before Income Tax Expense under SBI LY HOUR BANK (70.0% ownership) Local Accounting Standards> （Unit: JPY billion） 2 Acquired a medium-sized microfinance company in Cambodia; converted it to a commercial bank in March 2020 an
Slide 88: UDC Finance Limited
Group Companies Operating Non-Banking Business Overseas < Changes in Profit Before UDC Finance Limited (100% ownership) Income Tax Expense under Local Accounting Standards > New Zealand's largest non-bank, which became a wholly （Unit: JPY billion） 9.46 owned subsidiary of SBI Shinsei Bank in Sept.
Slide 89: LY HOUR SBI Insurance
Group Companies Operating Insurance Business Overseas Financial Performance of LY HOUR SBI Insurance (Share of Capital: 40.0%) Profit Before Income Tax Expense (local GAAP) (Unit: JPY million) ※1USD＝149.53JPN Joined the SBI Group 40.0 34.8 35.0 31.4 30.0 24.6 25.0 20.0 19.1 20.0 15.0 10.0 5.0 0.0 Q1
Slide 90: Expand Customer Base in Southeast Asia
(b) Initiatives to further expand the customer base in Southeast Asia [Unauthorized reproduction is prohibited] 89
Slide 91: Southeast Asian Economies
Southeast Asian Economies are Supported by Export Industries, and the Impact of the U.S. Tariff Measures is Significant Vietnam (tariff rates by country：46％) A cut in the policy rate is under consideration as a stimulus measure (current policy rate: 3.00%) Trade surplus with the U.S. accounts fo
Slide 92: Global Supply Network Underway
The Construction of a Global Supply Network for Local Production for Local Consumption is Underway Southeast Asian investment and expansion of Japanese companies Otsuka Pharmaceutical Ricoh In April 2025, established a new factory in In October 2024, established a core Vietnam to produce “Pocari S
Slide 93: Financial Services in Southeast Asia
The SBI Group Has Already Developed a Wide Range of Financial Services Businesses in Southeast Asia, and is Seeking to Grow by Capitalizing on the Expected Increase in Demand for Funds in Each Country *The ownership percentage of the SBI Group represents the total stake in consolidated subsidiary co
Slide 94: Immediate Priority Regions
（c）Initiatives in the immediate priority regions of the overseas business (α) Initiatives in the Middle East (β) Initiatives in the U.S. [Unauthorized reproduction is prohibited] 93
Slide 95: Initiatives in the Middle East
（α） Initiatives in the Meddle East [Unauthorized reproduction is prohibited] 94
Slide 96: Business Platform in Saudi Arabia
Steady Expansion of Alliances with Leading Companies and Organizations to Build a Business Platform in Saudi Arabia In January 2025, a Memorandum of Understanding was signed with the Alfanar Group, a Saudi global conglomerate, for cooperation in the energy and infrastructure sectors in the Gulf Co
Slide 97: Saudi Arabia Equity ETF
SBI Group is Committed to Advancing its Business Expansion in the Asset Management Field in Saudi Arabia 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: Otc. 31, 2024 Eligible fo
Slide 98: Photonamic Approval in Jordan
Photonamic, a Developer of 5-aminolevulinic acid (5-ALA)-based Medicines, Receives Jordanian Approval for The First Intraoperative Diagnostic for Brain Tumours in the Middle East Photonamic, a wholly-owned subsidiary of the Company based in Germany, developed and registered 5-ALA for fluorescence-
Slide 99: Initiatives in the U.S.
（β） Initiatives in the U.S. [Unauthorized reproduction is prohibited] 98
Slide 100: PE Investments in North America
Expand PE Investments Mainly in North America by Leveraging the Network of Local Partners in the U.S. SBI US Gateway Fund (Seattle, Washington, the U.S.) SNBL Group Plug and Play led by Shin Nippon the world's largest Biomedical Laboratories accelerator / innovation platform In Sep.2024, Co-establis
Slide 101: Reorganize Overseas Portfolio
（ii） Reorganization of overseas business portfolio with a view to sustainable value creation (a) By making Kyobo Life Insurance in South Korea an equity-method affiliate, the Group will further stabilize its earnings base and expand its business foundation (b) Acquisition of Solaris SE (Germany) as
Slide 102: Kyobo Life Insurance Affiliate
(a) By making Kyobo Life Insurance in South Korea an equity-method affiliate, the Group will further stabilize its earnings base and expand its business foundation [Unauthorized reproduction is prohibited] 101
Slide 103: Kyobo Life Insurance Affiliate
It Has Been Decided that Kyobo Life Insurance Co., Ltd., One of South Korea’s Leading Life Insurance Companies, will Become an Equity-method Affiliate of SBI Holdings （Announced on April 17, 2025） (Established in 1958) • As one of the three major life insurers in South Korea, Kyobo Life Insurance ho
Slide 104: Transfer of SBI SAVINGS BANK Shares
SBI Group has Decided to Transfer Part of its Shares in SBI SAVINGS BANK to Kyobo Life Insurance (Announced April 28, 2025) Agreed to transfer a total of 156,147,223 shares of common stock of SBI SAVINGS BANK held by the SBI Group to Kyobo Life Insurance by October 30, 2026, in multiple portions.
Slide 105: Acquire Solaris SE
(b) Acquisition of Solaris SE (Germany) as a consolidated subsidiary to strengthen the digital finance business platform in Europe [Unauthorized reproduction is prohibited] 104
Slide 106: Solaris Becomes Consolidated Subsidiary
European Digital Bank Solaris (Germany) to Become a Consolidated Subsidiary Completion of acquisition of Solaris SE shares from existing shareholders (excluding our group) as of February 28, 2025, with the approval of the transfer of control procedure by the European Central Bank and others ⇒ Sola
Slide 107: Global Corridor for Digital Assets
The Acquisition of Solaris Bank is Accelerating Efforts to Build a Global Corridor that Enables Cross-border Trading of Digital Assets A group company of Boerse Stuttgart, the operator of the stock exchange in Germany, the first digital asset exchange compliant with German banking law The first digi
Slide 108: Neo-Media Ecosystem
③ SBI Group strives to build a Neo-media ecosystem that combines media, IT and finance (i) The integration of media, information technology, and financial services is progressing rapidly in the U.S. (ii) SBI Group’s strategic strengths in operating in the media region (iii)Overview of the Neo-media
Slide 109: Integration of Media and Finance
（i） The integration of media, information technology, and financial services is progressing rapidly in the U.S. a. Backdrop of the progressing convergence of media and finance b. Expansion of financial institution into the media domain c. Elon Musk’s vision to transforming X (formerly Twitter) into
Slide 110: Backdrop of Convergence
a. Backdrop of the Progressing Convergence of Media and Finance Media and finance both have a role as hubs for information distribution, and not only do they complement each other, but developments in ‘digital finance’ and ‘AI’ will link them more tightly together ■ Tide on the media side ■ ■ Tide o
Slide 111: Robinhood Case
b. Financial Institutions’ Forays into the Media Domain ① <The case of Robinhood> In the U.S., activity by Robinhood Markets Inc., which provides the Robinhood commission-free stock-trading app, is a prime example of how finance has entered the world of media • 2019: Purchases the market information
Slide 112: Blackstone Case
b. Financial Institutions’ Forays into the Media Domain ② <The case of Blackstone: part 1> Blackstone, one of the world's largest alternative investment managers, acquires companies with global IP content through its investee Candle Media, founded by former Disney executives Kevin Mayer and Tom St
Slide 113: Blackstone Case, Part 2
b. Financial Institutions’ Forays into the Media Domain ② <The case of Blackstone: part 2> Acquisition of global contents IP • The “CoComelon” Youtube channel has more than 190m registered users (as of end-April 2025) and has been viewed approx. 200bn times (as of end-April 2025). CoComelon is one o
Slide 114: Goldman Sachs Case
b. Financial Institutions’ Forays into the Media Domain ③ <The case of Goldman Sachs> Actively invest in the media sector through investment banking and own funds Assist promising media companies in raising funds to acquire future concessions as a behind-the-scenes player USD 325m investment in
Slide 115: JPMorgan Chase Case
b. Financial Institutions’ Forays into the Media Domain ④ <The case of JPMorgan Chase> JPMorgan Chase, a leading global bank, expands into the media domain starting with the acquisition of The Infatuation restaurant review site Media business launched in April 2024 successfully pursues a strateg
Slide 116: X as a Super App
c. Elon Musk’s Concept of Transforming “X” (Formerly Twitter) into a Super App Target to become a comprehensive platform that can provide various functions by integrating AI and finance April 2024 October 2022 eToro partners to display Elon Musk buys real-time prices of stocks, November 2024 Twitt
Slide 117: xAI and X Synergy
d. High synergy between media and AI has already been shown xAI, which runs the world’s largest AI training supercomputer, Colossus, with over 100,000 NVIDIA GPUs, announced the acquisition of X • On March 29, 2025, Elon Musk said his xAI artificial intelligence startup has acquired the “X” platform
Slide 118: SBI Group Strategic Strengths
（ii） SBI Group’s strategic strengths in operating in the Neo-media a. Access to the highest quality and quantity of financial data in the country held by SBI Group companies b. Support the provision of highly targeted content and advertising based on financial data c. As the world’s rare comprehensi
Slide 119: Financial Data Assets
a. SBI Group Has the Highest Quality and Quantity of Financial Data in the Country Asset Banking Securities Insurance Management/Cryp Business Business Business to-asset Business [Banking] [Insurance holding company] [Asset management holding [Comprehensive online company] securities company] [Unsec
Slide 120: Targeted Content and Advertising
b. Support the Provision of Highly Targeted Content and Advertising based on Financial Data Efficient customer development can be achieved by, for example, offering discounts on car insurance as a relevant product to those who have purchased a car, or by offering campaigns exclusively to customers
Slide 121: Spread Information Beyond Finance
c. As the World’s Unique Comprehensive Financial Distributor with a Customer Base of 54.42 Million, SBI Group can Spread Information Beyond Finance Operates information and comparison sites such as Compa InsWeb, one of Japan’s largest insurance product -rison comparison sites; e-Loan, a comprehensiv
Slide 122: Digital Space Ecosystems
d. Digitization of all Information through Digital Space Ecosystems and Diffusion through Digital Channels in addition to Analogue Channels Crypto Asset Exchange Supervision and operation of Former SBI VC Trade and TaoTao merged in December 2021 digital asset-related businesses (mainly overseas) Cry
Slide 123: Overview of Neo-Media Business
(iii) Overview of the Neo-media business by the SBI Group a. Contribute to regional revitalization through collaboration with regional newspapers and local stations in addition to regional financial institutions b. Establish a new content fund focusing on the media domain c. Under an open alliance s
Slide 124: Regional Revitalization
a. Contribute to Regional Revitalization through Collaboration with Regional Newspapers and Local Stations in addition to Regional Financial Institutions Local stations, which account for the majority of the 127 commercial TV stations nationwide, are dependent on key stations for content and distr
Slide 125: New Content Fund
b. Establish a New Content Fund Focusing on the Media Domain ① SBI Group selectively invests in companies with leading IP in the content and media areas, including AI-related areas [Anticipated areas of investment for the fund] Select and invest in IP using the knowledge possessed by the media compa
Slide 126: Content Fund and Games
b. Establish New Content Fund Focusing on the Media Domain ② The content fund seeks to create global IP with a particular focus on investment in the field of games and animation domain, where Japan has strengths In the selection of investment targets, etc., utilize the technology and expertise of
Slide 127: Collaborate with Content Funds
c. Under an open alliance strategy, the SBI Group is working in collaboration with content funds to build Neo-media ecosystem Provision of financial functions and data, support Considering establishing JVs for global development and/or M&As with leading web media-related companies and production com
Slide 128: Raise Capital for Growth
（2） Effectively utilizing existing business assets to raise capital for future growth investments. ① SBI Shinsei Bank is on track to repay the public funds that the SBI Group has considered as a great cause and can raise funds through re- listing ② SBI Group’s private equity investments, particularl
Slide 129: SBI Shinsei Bank Repayment Plan
① SBI Shinsei Bank is on track to repay the public funds that the SBI Group has considered as a great cause and can raise funds through re-listing (i) SBI Shinsei Bank repaid JPY 100bn of public funds in accordance with the “Agreement on Definitive Repayment Scheme” (ii) Thoroughly pursue synergies
Slide 130: SBI Shinsei Bank Targets
SBI Shinsei Bank Outperformed the Financial Targets Set Out in the Previous Medium-term Management Plan <Financial FY2024 FY2024 Achievement targets> target results Date Number of 3,800 Customer 3,870 thousand End of base Customers thousand (End of Mar. 2025) Mar. 2025 (Retail bank accounts) Deposit
Slide 131: No English Disclosure
Not disclosed because SBI Shinsei Bank has not disclosed its new medium-term management plan in English. [Unauthorized reproduction is prohibited] 130
Slide 132: Public Funds Repayment
(i) SBI Shinsei Bank Repays JPY 100.0bn in Public Funds under “Agreement on Definitive Repayment Scheme” Based on this agreement, the Bank has converted all common stock held by Deposit Insurance Corporation of Japan and The Resolution and Collection Corporation into preferred stock. On March 28, 20
Slide 133: Synergies with SBI Group
(ii) Thoroughly pursue synergies with the SBI Group to achieve dramatic growth that SBI Shinsei Bank could not achieve on its own, in order to further increase corporate value [Unauthorized reproduction is prohibited] 132
Slide 134: SBI Corporate Ecosystem
SBI Group Has Built a Corporate Ecosystem, that is Unique in the World, Fostering Mutual Evolution and Synergy among its Constituent Companies Securities Business Three core businesses ① Synergies within the of the Financial Service core businesses [SBI SECURITIES] Business Segment ②Synergies betwee
Slide 135: Synergies with SBI Shinsei Bank
Lots of Synergies Have Already Been Created between SBI Shinsei Bank and SBI Group Companies Number and Value of Synergies Created Examples of Synergies between SBI 10,000 (corporate area) Shinsei Bank and SBI Group (Unit: JPY bn) 721.7 Companies (223 cases) In a real estate, backed security token
Slide 136: Joint Branch Integration
SBI Shinsei Bank and SBI MONEYPLAZA Complete Joint Branch Integration for All SBI Shinsei Bank’s Retail Branches SBI Shinsei Bank and SBI MONEYPLAZA completed the establishment of a joint branch “SBI Shinsei Wealth Management” in all 22 Retail branches (excluding sub-branches) of SBI Shinsei Bank
Slide 137: Fourth Megabank Concept
(iii) Strongly Promote the “Fourth Megabank Concept” Centered around SBI Shinsei Bank After its Public Listing “Fourth Megabank concept” Seeking to establish a wide-area regional platform with the SBI Shinsei Bank within the SBI Group at its core by pursuing the benefits of improvements in efficie
Slide 138: Strengthen Regional Financial Institutions
SBI Group strives to make further efforts to strengthen the profitability of regional financial institutions as part of the promotion of the “Fourth Megabank concept” (a) Switch huge system costs from fixed to variable with cloud-based account system for regional financial institutions (b) Initiativ
Slide 139: Cloud-Based Account System
(a) Switch Huge System Costs from Fixed to Variable with Cloud-Based Account System for Regional Financial Institutions -Jointly Developed by the SBI Group and Future Architect, Inc.- [Effects of the introduction of the banking system at Fukushima Bank] Improving customer convenience and the effic
Slide 140: Securities Management by Regional Institutions
(b) Initiatives to enhance the securities management of regional financial institutions Steady Increase in the Number of Regional Financial Institutions and Other Companies Entrusting Securities Management to the SBI Global Asset Management Group （Companies） 180 Prefectural Credit Federation, Pensio
Slide 141: Regional Revitalization Fund
(c) SBI Asset Management Has Resolved to Establish the “Regional Revitalization and Japanese High Dividend Equity Fund” Regional Revitalization and Japanese High Dividend Equity Fund Companies contributing to the local community Japanese High Regional Financial Dividend Institutions Companies Region
Slide 142: Mortgage Guarantee Business
(d) Entering Mortgage Guarantee Business to Strengthen Collaboration with Regional Financial Institutions 15% 5% 80% [SBI Credit Guarantee Co., Ltd] Starting the mortgage guarantee business from April 1, 2025 Planning to expand guarantee services for the mortgage loans of regional financial institut
Slide 143: Support Regional Financial Institutions
(e) Leveraging the Technological Strengths of the SBI Group to Fully Support Regional Financial Institutions in Expanding from Regional to Nationwide Case of the Shimane Bank Since September 2022, the smartphone branch “Shimaho!” developed with the support of SBI NEO FINANCIAL SERVICES, including
Slide 144: Business Succession Funds
(f) Contributing to the Improvement of Regional Financial Institutions’ Management Environment Through Investments in Domestic SMEs Facing Succession Issues Established in Oct. 2019 : Business Succession 1 fund (JPY 10.9bn) Investments made by 10 regional financial institutions in a total of 13 co
Slide 145: Joint Regional Revitalization Funds
(g) Establishment of joint funds by the SBI Group and regional financial institutions to revitalize regional industries Using joint fund operations, pursue not only support for the smooth succession and growth of regional businesses, but also regional revitalization through the creation and growth o
Slide 146: Private Equity Payback Period
② SBI Group’s private equity investments, particularly focused investments in advanced technology sectors since around 2015, have now entered the payback period （i） The flagship private equity fund has delivered strong performance and has now entered the payback period （ii） SBI Group’s investment po
Slide 147: Flagship Fund Payback
（i） The flagship private equity fund has delivered strong performance and has now entered the payback period a. SBI Investment’s flagship fund focuses on concentrated investments in cutting-edge technology sectors b. “SBI Digital Space Fund” is investing up to JPY 100bn in advanced services and tech
Slide 148: Flagship Technology Funds
a. The Flagship Fund, which Has Been Investing in Cutting-edge Technology Sectors, is Approaching its Redemption Phase FinTech Fund (Feb. 2015 - June 2025*) *Extended until June 2027 at the (FinTech Business Innovation LPS) latest Investment sectors ：New technologies related to the financial indus
Slide 149: Digital Space Fund
b. “SBI Digital Space Fund”, with a Target Size of Up to JPY 100 billion, Has Been Launched and has Commenced Investments Investment sectors ： AI・Big Data Semiconductor Fintech Robotics Healthcare Digital Space Key portfolio companies Overseas Ayar Labs In Japan A unicorn backed by leading semic
Slide 150: Portfolio Companies with Returns
（ii） Many companies in SBI Group’s investment portfolio have the potential for huge returns Ex： Leading company the way in building infrastructure for distributed ledger technology : Ripple Labs a. Distribution of XRP, Partly held by Ripple b. SBI Group not only invests in but also provides various
Slide 151: XRP Distribution
a. Distribution of XRP, Partly held by Ripple [Burned] (Amount burned as Escrow: A function in transaction fees) which XRP tokens Approx. 10m XRP provided on XRP tokens Ledger are locked, and their use or [XRP circulated destruction prohibited, in the market] until certain Max Approx. 58.55bn XRP co
Slide 152: SBI Group and Ripple
b. SBI Group not only Invests in but also Provides Various Services through the JV Jointly Established with Ripple 60% 40% SBI Group invested in Ripple Labs in 2016 SBI Group invested in Ripple Labs, a U.S. company developing international money transfer technology using the XRP crypto asset, in 2
Slide 153: Create a Digital Space Ecosystem
Part 2, Creating a digital space ecosystem to promote various initiatives utilizing digital technology (1) SBI Group steadily expands its customer base, centered on crypto asset exchanges (2) Partnering with Circle Internet Financial (Circle) to distribute dollar-pegged stablecoins in Japan [Unautho
Slide 154: Crypto Asset Exchange Customers
(1) SBI Group steadily expands its customer base, centered on crypto asset exchanges ① SBI VC Trade is increasing its presence as a domestic crypto asset exchange ② All Accounts and assets under custody of crypto asset trading services which is provided by DMM Bitcoin transferred to SBI VC Trade ③ T
Slide 155: SBI VC Trade Expansion
① SBI VC Trade is Increasing Its Presence as a Domestic Crypto Asset Exchange Providing lending and staking services with high reward rates Staking 14 types, the most in the industry Strengthening SBIVC for Prime, a service for large-scale and corporate clients Achieved an industry share of over
Slide 156: DMM Bitcoin Transfer to SBI VC Trade
② All Accounts and Assets Under Custody of Crypto Asset Trading Services which is Provided by DMM Bitcoin Transferred to SBI VC Trade All accounts and assets under custody transferred to SBI VC Trade on March 8, 2025, and DMM Bitcoin withdrew from the crypto asset exchange business thereafter Af
Slide 157: Crypto Asset Exchange Trends
③ Trends in the Number of Customers on Crypto Asset Exchanges -Through thee transfer accounts and custodial assets from DMM Bitcoin, the SBI Group’s crypto asset trading business has grown to a scale comparable to that of major domestic exchanges- (Thousand accounts) 1,650 1,650 [Sum of SBI VC Trade
Slide 158: Crypto Asset Product Expansion
④ SBI VC Trade and BITPOINT Respond to Various Customer Needs through Business Development that Leverages their Respective Characteristic [Expanding the number of crypto assets types handled] • Efforts have been made to expand the range of tradable tokens, resulting in a lineup of highly competitive
Slide 159: Staking Services Performance
⑤ Staking Services Provided by the SBI Group Has 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 as
Slide 160: Partnering with Circle
(2) Partnering with Circle Internet Financial (Circle) to distribute dollar-pegged stablecoins in Japan ① Dollar-pegged stablecoins excel in all aspects of value measurement, storage, and exchange ② USDC issued by Circle is one of the world’s largest stablecoins, compliant with regulations ③ Establi
Slide 161: Dollar-Pegged Stablecoins
① Dollar-Pegged Stablecoins Excel in All Aspects of Value Measurement, Storage, and Exchange High interest rate High interest rate Value Measurement Global nature as a key currency Global nature as a key Digital convenience currency High compatibility with Web3 Poor usability Low int
Slide 162: USDC and Regulatory Compliance
② USDC Issued by Circle is One of the World's Largest Stablecoins, Compliant with Regulations Regulatory Compliance About USDC Unlike Tether, which does not provide A stablecoin issued by U.S.-based sufficient services to U.S. customers, Circle, pegged to the price of the Circle has obtained a B
Slide 163: JV with Circle
③ Establishing a JV with Circle to Promote the Adoption of USDC in Japan SBI Group has signed a basic agreement with Circle to form a comprehensive business partnership for distributing stablecoins in Japan Basic agreement announcement (November 27, 2023) Investment Ratio: Investment Ratio: 50% The
Slide 164: Securing Human Resources
Part 3, Focus on securing the talent necessary to advance our strategic initiatives [Unauthorized reproduction is prohibited] 163
Slide 165: Human Resource as Priority
Securing “Human resource”, the Source of Corporate Competitiveness, is a Key Priority -In line with the growth of the Group, the SBI Group have continues to hire both mid-career and new graduate employees, successfully attracting a large number of highly capable individuals- [Number of consolidated
Slide 166: Recruiting Top Talent
Actively Promoting the Recruitment of Talent Capable of Making Meaningful Contributions Across a Wide Range of Fields -By securing top-tier human resources, the SBI Group endeavor to achieve sustainable growth and strengthen our competitive edge- 1. In FY2025, SBI Holdings revised the employee compe
Slide 167: Mynavi Equity Method Affiliate
Toward the Development, Training, and Mobility of Human Resources, Mynavi was Made Converted to an Equity Method Affiliate in November 2024 After the capital and business alliance in November 2023, both groups will promote collaborative projects SBI Group increased its shareholding in Mynavi to 20%
Slide 168: Expand Global Talent Recruitment
Efforts are Underway to Expand the Recruitment of Top Global Talent and to Further Enhance Literacy in Advanced Technology Fields such as AI and Blockchain among Executives and Employees [Specific Initiatives for Global Talent Recruitment Expansion] • Representatives stationed in Silicon Valley and
Slide 169: Reference
[Reference] [Unauthorized reproduction is prohibited] 168
Slide 170: Group Companies and Employees
Number of Companies and Employees of the SBI Group (Consolidated) Number of Group Companies End of Mar. 2024 End of Mar. 2025 Consolidated subsidiaries (companies) 595 635 Consolidated partnerships (partnerships) 65 61 Total consolidated subsidiaries (companies) 660 696 Equity method companies (comp
Slide 171: Shareholders Composition
SBI Group’s Shareholders Composition Has Become More Balance (As the end of Mar. 2025) *1 Total number of shareholders is 255,966, of which the number shareholders who hold one unit or more is 178,069 Shareholding ratio of domestic and foreign institutional investors is 58% *2 （％） Trends of Shar
Slide 172: SBI Group Website
https://www.sbigroup.co.jp [Unauthorized reproduction is prohibited] 171