Sbi Holdings Incorporated · TSE:8473
Sbi — Sbi Holdings Inc Ord — Q2 2023 Earnings Presentation
162 slides from Sbi's earnings presentation, Nov 11, 2023
Slide 1: SBI Holdings, Inc. Financial Results
Strategic Business Innovator SBI Holdings, Inc. Financial Results For the Six-month Period Ended September 30, 2023 (Fiscal Year Ending March 31, 2024) November 10, 2023
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 FY2023 Consolidated Financial Results II. 2H FY2023 is a time of major macro/semi-macro economic turning points, and SBI Group will implement various initiatives to achieve sustainable growth in this environment [Unauthorized reproduction is prohibited] 2
Slide 4: 1H FY2023 Consolidated Financial Results
I. 1H FY2023 Consolidated Financial Results [Unauthorized reproduction is prohibited] 3
Slide 5: Consolidated Performance Overview
[Consolidated Performance Overview] • Revenue increased 28.3% year-on-year to JPY 574.8bn, which is a record high for 1H, largely due to significant increase in revenue from the Financial Services Business (28.0% increase year-on-year to JPY 487.8bn) • Consolidated profit before income tax expense i
Slide 6: 1H FY2023 Consolidated Performance (IFRS)
1H FY2023 Consolidated Performance (IFRS) [Year-on-year comparison] (Unit: JPY million) 1H FY2022 1H FY2023 YoY % (Apr.-Sept. 2022) *1 (Apr.-Sept. 2023) change Record Revenue 448,155 high 574,825 +28.3 Profit before income tax 53,283 70,241 +31.8 expense Profit for the period 38,129 48,241 +26.5 Pro
Slide 7: Comparison of Profit Before Income Tax with Major Securities Companies
Comparison of Consolidated Profit Before Income Tax Expense with Major Securities Companies (Unit: JPY million) YoY % 1H FY2022 1H FY2023 change / YoY (Apr.-Sept. 2022) (Apr.-Sept. 2023) change SBI Holdings (IFRS) 53,283 70,241 +31.8 Nomura Holdings (US-GAAP) 43,217 103,045 +138.4 Daiwa Securities G
Slide 8: 1H FY2023 Performance by Segment (IFRS)
1H FY2023 Performance by Segment (IFRS) [Year-on-year comparison] (Unit: JPY million) Revenue Profit Before Income Tax Expense *1 *1 1H FY2022 1H FY2023 YoY % 1H FY2022 1H FY2023 YoY % (Apr. 2022– (Apr. 2023– (Apr. 2022– (Apr. 2023– Sept. 2022) Sept. 2023) change Sept. 2022) Sept. 2023) change Finan
Slide 9: 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 10: Business Overview of Core Businesses
[Business Overview of Core Businesses] [Unauthorized reproduction is prohibited] 9
Slide 11: Financial Service Business
1. Financial Service Business [Financial Service Business Consolidated Results (IFRS)] (Unit: JPY million) 1H FY2022 1H FY2023 YoY (%) (Apr. 2022 – Sept. 2022) (Apr. 2023 – Sept. 2023) Revenue 381,032 487,791 +28.0 Profit before income tax 70,223 70,875 +0.9 expense [Unauthorized reproduction is pro
Slide 12: Financial Services: Securities business
1. Financial Services Business: (1) 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 recorded a record high JPY 102.0bn in operat
Slide 13: SBI SECURITIES 1H FY2023 Consolidated Results
1.(1) Securities business SBI SECURITIES 1H FY2023 Consolidated Results (J-GAAP) [Year-on-year comparison] (Unit: JPY million) 1H FY2022 1H FY2023 YoY % (Apr. 2022 – Sept. 2022) (Apr. 2023 – Sept. 2023) change Operating Revenue 80,839 Record high 102,091 +26.3 Net Operating Revenue 74,778 Record hig
Slide 14: Comparison of Results of Major Brokerage Companies
1.(1) Securities business Like-for-like Comparison of Financial Results of Major Brokerage Companies for 1H FY2023 (Unit: million) Profit attributable to Operating profit Ordinary profit owners of the Company 1 Nomura Securities (Non-consolidated) 65,430 65,357 51,004 2 Daiwa Securities (Non-consoli
Slide 15: Operating Revenue of SBI Liquidity Market
1.(1) Securities Business Operating Revenue of SBI Liquidity Market, the Main Company in the FX-Related Business (Non-consolidated, J-GAAP) (Unit: JPY million) 1H FY2022 1H FY2023 YoY(%) (Apr. 2022-Sept. 2022) (Apr. 2023-Sept. 2023) Operating Record Revenue 14,703 High 16,188 +10.1 • Although overal
Slide 16: OTC FX Revenues of FX Specialized Companies
1.(1) Securities Business OTC FX Revenues of FX Specialized Companies (Year-On-Year Comparison) (JPY million) 18,000 16,188 16,000 14,703 14,655 14,000 12,000 11,349 10,000 8,000 6,000 5,497 4,990 4,000 2,662 2,650 2,000 0 1H 1H 1H 1H 1H 1H Apr. 2022- Apr. 2023- FY2022 FY2023 Sept. 2022 Sept. 2023 F
Slide 17: Securities Subsidiaries in Thailand and Cambodia
1.(1) Securities business Endeavor to Establish Industry Positioning and Further Expand Business Base at Securities Subsidiaries in Thailand and Cambodia (Investment ratio 100.0%, SBI Thai Online Securities established in October 2014) First pure-play Internet securities company in Thailand Prov
Slide 18: Financial Services: Banking business
1. Financial Services Business: (2) Banking business [Major constituent companies] SBI Shinsei Bank Group, SBI Sumishin Net Bank, ARUHI, overseas banks including SBI SAVINGS BANK [Business highlights] • SBI Shinsei Bank recorded net profit attributable to owners of the company (J-GAAP) of approx. JP
Slide 19: SBI Shinsei Bank Group
① SBI Shinsei Bank Group [Unauthorized reproduction is prohibited] 18
Slide 20: SBI Shinsei Bank 1H FY2023 Consolidated Performance
1.(2) Banking-related business: ①SBI Shinsei Bank Group SBI Shinsei Bank 1H FY2023 Consolidated Performance(J-GAAP) Note: Units are rounded down to the nearest decimal (JPY billion) YoY % 1H FY2022 1H FY2023 change Gross operating profit 119.4 135.5 +13.4 Ordinary Business Profit 41.5 53.8 +29.6 Pro
Slide 21: SBI Sumishin Net Bank
② SBI Sumishin Net Bank SBI Sumishin Net Bank was listed on the TSE Standard Market on March 29, 2023, and the Company’s shareholding ratio is 34.19% (equity method affiliate) [Unauthorized reproduction is prohibited] 20
Slide 22: Performance of SBI Sumishin Net Bank
1.(2) Banking-related business: ②SBI Sumishin Net Bank Performance of SBI Sumishin Net Bank SBI Sumishin Net Bank recorded a 14.0% YoY increase in J-GAAP recurring profit to JPY 16,321m on the back of steady loan growth in the housing loan business SBI Holdings’ equity method in earnings of SBI
Slide 23: Number of Accounts and Deposits of SBI Sumishin Net Bank
1.(2) Banking-related business: ②SBI Sumishin Net Bank Number of Accounts and Balance of Deposits Since Commencement of Operation of SBI Sumishin Net Bank (JPY billion) Number of accounts: approx. 6.57m / Deposits: JPY 8,639.0bn (10 thousand accounts) (As of the end of Sept. 2023) 614 600 9,000 535
Slide 24: SBI SAVINGS BANK (South Korea)
③ SBI SAVINGS BANK (South Korea) [Unauthorized reproduction is prohibited] 23
Slide 25: Performance of SBI SAVINGS BANK
1.(2) Banking-related business: ③ SBI SAVINGS BANK (South Korea) Performance of SBI SAVINGS BANK Profit Before Income Tax Profit Before Income Tax Expense (KGAAP) Expense (IFRS) (KRW bn) (JPY million) 14,686 286 YoY YoY -71.4% -72.3% 79 4,206 9M FY2022 9M FY2023 1H FY2022 1H FY2023 (Jan.-Sept.) (Jan
Slide 26: Other Foreign Banks
④ Other Foreign Banks [Unauthorized reproduction is prohibited] 25
Slide 27: Bank Subsidiaries Focus on Prudent Business Management
1.(2) Banking-related business: ④ Other Foreign Banks Bank Subsidiaries Focus on Prudent Business Management Based on Market Environment and Local Conditions < Changes in Profit Before Income SBI Bank (Investment ratio: 90.7％) * RUB 1= JPY 1.55 Tax Expense of each Bank > (Unit: JPY million) A comm
Slide 28: Financial Services: 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 revenue for 1H FY2023 (on a J-GAAP basis), incr
Slide 29: SBI Insurance Group's Performance
1.(3) Insurance business SBI Insurance Group’s Performance Consolidated results for 1H FY2023 (J-GAAP) (Unit: JPY million) 1H FY2022 1H FY2023 YoY % (Apr. – Sept. 2022) (Apr. – Sept. 2023) change Ordinary revenue 47,897 52,507 +9.6 Ordinary profit 4,154 4,851 +16.8 Profit attributable to parent of t
Slide 30: SBI Insurance Group's In-Force Contracts
1.(3) Insurance business SBI Insurance Group’s Total Number of In-Force Contracts CAGR 14.1% (From end of Mar. 2016 Sept. 2023 to end of Sept. 2023) Jyumin Seikatsu Shoken, a provider of home equipment insurance, joins the Group (million contracts) JOGUCHI SAFETY SSI joins the Group 3.00 SBI PRISM S
Slide 31: Asset Management Business
2. Asset Management Business [Major constituent companies] SBI Global Asset Management (SBIGAM), SBI Asset Management (SBIGAM subsidiary), Wealth Advisor (SBIGAM subsidiary), Rheos Capital Works, SBI Okasan Asset Management [Asset Management Business Consolidated Results (IFRS)] (JPY million) 1H FY2
Slide 32: SBI Global Asset Management Increases AUM
SBI Global Asset Management Group Has Steadily Increased its AUM - Balance of Asset Under Management surpasses JPY 5tn - AUM from institutional investors, which are mainly regional financial institutions: JPY 2,350.0bn （JPY billion） (as of the end of September 2023) 6,000 ■ SBI Asset Management *1,*
Slide 33: SBI Group Expands Assets Under Management
SBI Group Sustainably Expands Its Assets Under Management Through Organic Growth and Use of M&As - AUM as of end of September 2023 is approx. JPY 8.5tn - （JPY billion） 9,000 JPY 8,518.2bn Okasan Asset Management Nov. 2022 8,000 Rheos Capital Works Okasan Asset Okasan Asset SBI Global Asset Managemen
Slide 34: Investment Business
3. Investment Business [Major constituent companies/businesses] Private Equity Business, SBI Leasing Service [Investment Business Consolidated Results (IFRS)] (Unit: JPY million) 1H FY2022 1H FY2023 YoY % change (Apr.-Sep. 2022) (Apr.-Sep. 2023) Revenue 29,882 56,711 +89.8 Profit before income tax 4
Slide 35: Profit/Loss from Change in Fair Value of Investments
3. Investment Business Profit/Loss from the Change in Fair Value and Profit/Loss on Sales of Investment Business (Unit: JPY million) 1H FY2022 1H FY2023 YoY % change (Apr.-Sept. 2022) (Apr.-Sept. 2023) Profit / loss from the change in fair value and profit / loss on 6,654 15,096 +126.9 sales of inve
Slide 36: IPOs and M&As of SBI Group Investee Companies
3. Investment Business IPOs and M&As of SBI Group Investee Companies Full-year FY2023 Full-year FY2022 prospects IPO・M&A deals 21 24 During the fiscal year, 12 Companies realized either IPO or M&A EXIT Date Company Market EXIT Date Company Market Noile-Immune Apr. 12, 2023 ispace, inc. TSE Growth Ju
Slide 37: Assets Under Management of the SBI Group
3. Investment business Assets Under Management of the SBI Group (As of the end of September 2023) Private equity, etc. JPY786.9bn （*1） Excluding JPY 322.4 bn of both cash and commitment amount to be paid in)(*2) Breakdown of operating investment Amount Breakdown of operating Amount securities by Ind
Slide 38: Crypto-asset Business
4. Crypto-asset Business [Major constituent companies / business] SBI VC Trade, BITPoint Japan, B2C2, crypto asset mining business, HashHub (Joined SBI Group in April 2023) [Crypto-asset Business Consolidated Performance (IFRS)] (Unit: JPY million) 1H FY2022 1H FY2023 YoY(%) (Apr. 2022-Sept. 2022) (
Slide 39: Next Gen Business
5. Next Gen Business (Renamed from Non-financial Business) [Major constituent businesses] Biotechnology, Healthcare & Medical Informatics businesses, other businesses centered around Web3 [Next Gen Business Consolidated Performance(IFRS)] (JPY million) 1H FY2022 1H FY2023 YoY % change (Apr.- Sept. 2
Slide 40: Profit of Biotechnology, Healthcare & Medical Informatics Companies
Profit Before Income Tax Expense of the Biotechnology, Healthcare & Medical Informatics Business Companies (IFRS) (JPY million) 1H FY2022 1H FY2023 YoY % (Apr.- Sept. 2022) (Apr.- Sept. 2023) Change SBI Biotech 80 -30 – 5-ALA-related business 234 257 +9.8 SBI Pharmaceuticals -691 -444 – SBI ALApromo
Slide 41: 2H FY2023 Initiatives for Sustainable Growth
II. 2H FY2023 is a time of major macro/semi-macro economic turning points, and SBI Group will implement various initiatives to achieve sustainable growth in this environment 1. Promoting business operations with an eye on Japan and overseas monetary policy shifts 2. In the securities business, suppo
Slide 42: Promoting business with an eye on monetary policy shifts
1. Promoting business operations with an eye on Japan and overseas monetary policy shifts (1) Japan and overseas macro environment (2) Impact and response of SBI Group of shift in Japan and overseas monetary policy [Unauthorized reproduction is prohibited] 41
Slide 43: Japan and overseas macro environment
(1) Japan and overseas macro environment ① Monetary policies in various countries around the world are entering a major turning point ② Impact of the shift in domestic and foreign monetary policy on the real economy [Unauthorized reproduction prohibited] 42
Slide 44: Monetary policies reaching a major turning point
① Monetary policies in various countries around the world are entering a major turning point [Unauthorized reproduction prohibited] 43
Slide 45: Interest Rate Policies Reaching a Turning Point
Interest Rate Policies in Europe and the U.S. are Reaching a Turning Point and Long-term Interest Rates in Japan are also Begin to Rise ~ Long-term interest rates in Japan are close to 1% for the first time since May 23, 2013 ~ Changes in US Policy Interest Rates, US 10-year Treasury Bond Yields, (%
Slide 46: Impact of Monetary Tightening on Foreign Exchange Market
Impact of Continued Monetary Tightening in Europe and the U.S. on the Foreign Exchange Market (JPY) Changes in Over-the-counter Foreign Exchange Margin Trading Volume, 170 USD/JPY and EUR/JPY Exchange Rates (Apr. 2018 – end of Sept. 2023) 160 Continued monetary tightening in Europe and the U.S. has
Slide 47: Rising Global Interest Rates and Japan's Monetary Easing
Rising Global Interest Rates and Japan’s Monetary Easing Policies Are Now Reaching a Major Turning Point [United States] The Federal Reserve signaled that a run-up in long-term Treasury yields reduces the impetus to raise interest rates again, even as Chair Jerome Powell left the door open to anothe
Slide 48: Impact of monetary policy on the real economy
② Impact of the shift in domestic and foreign monetary policy on the real economy [Unauthorized reproduction prohibited] 47
Slide 49: U.S. Employment, CPI, and Real GDP
U.S. Employment Statistics, Consumer Price Index, and Quarterly Real GDP -The U.S. jobs report for October showed that nonfarm payrolls grew by 150,000 month-over-month, down half from September, and the labor market is beginning to show signs of a retreat from overheated conditions- Real GDP 2021 2
Slide 50: CPI and Real GDP in the U.K. and Germany
Consumer Price Index and Quarterly Real GDP in the U.K. and Germany -Real GDP remains sluggish despite the recent effect of interest rate hikes to push down prices- 2020 2021 2022 2023 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 GDP (compared U.K. +1.5% -1.2% +5.6% +1.0% +1.0% +0.5% +0.1% -0.1% +0.1% +0.1% +0.
Slide 51: Consumer Prices, Real Wages, Real GDP in Japan
Trends in Consumer Prices, Real Wages, and Real GDP in Japan -Real wages continue to decline as consumer prices rise- Consumer Price Index and Real Wage Index in Japan (%) (compared to the same period of the previous year) 10.0 Real GDP Consumer price index Real wages 7.80 After the lifting of the 8
Slide 52: Impact and Response of SBI Group to Policy Shifts
(2) Impact and response to SBI Group of shift in Japan and overseas monetary policy ① Thoroughly promote measures to strengthen both fund raising and investment in order to increase the profitability of the banking business after the change in monetary policy ② In insurance business, in addition to
Slide 53: Strengthen Fund Raising and Investment in Banking
① Thoroughly promote measures to strengthen both fund raising and investment in order to increase the profitability of the banking business after the change in monetary policy (i) The possible impact of rising interest rates on the business of SBI Shinsei Bank Group and the various initiatives being
Slide 54: Impact of Rising Rates on SBI Shinsei Bank Group
(i) The possible impact of rising interest rates on the business of SBI Shinsei Bank Group and the various initiatives being promoted in response [Unauthorized reproduction is prohibited] 53
Slide 55: Impact of Rising Interest Rates on SBI Shinsei Bank Group
Impact of Rising Interest Rates on SBI Shinsei Bank Group Business Rises in short- and long-term rates can widen spreads and provide a direct boost to revenue expansion Retail & corporate business: While cost increases on the fund procurement side are limited, on the lending side we expect increas
Slide 56: SBI Shinsei Bank Expanding Customer Base and Deposits
SBI Shinsei Bank is Expanding Its Customer Base and Building up Deposit Balances Ahead of Future Interest Rate Increases <Number of Retail Accounts and Deposits at SBI Shinsei Bank> (10 thousand (JPY trillion) 331 accounts) 309 316 12 308 305 11 10.5 300 9.9 10 Total amount of deposits (Left) Number
Slide 57: Customer Base Expansion via Bank-Securities Link
A Major Expansion of the Customer Base through a Bank-Securities Link with SBI SECURITIES For SBI Shinsei Bank, the simultaneous opening of accounts with SBI SECURITIES has accelerated growth in deposit accounts since October 2022 New customers, including the 60% or so coming over from SBI SECUR
Slide 58: Cooperation with SBI MONEYPLAZA Retail Stores
Steady Expansion of Cooperation between SBI Shinsei Bank and SBI MONEYPLAZA which Provides In-person Retail Stores Prefectures with SBI Shinsei Bank branches : Branches located : Co-managed stores located Aug. 2022 Established a co-managed store in Nov. 2022 Ikebukuro and started brokerage Establish
Slide 59: Increasing Shareholding of SBI Shinsei Bank
Increasing the Shareholding of SBI Shinsei Bank Shares to Increase Management Flexibility About About several May 15- After Sept. 1 Sept. 28 Oct. 2 one month months June 23 June 30 from ⑤ from ⑥ Overall 1 2 3 4 5 6 7 flow Held extraordinary Commence- meeting of Implementation Petition to the Purchas
Slide 60: Fourth Megabank Concept
Seeking to further Expand the Corporate Customer Base through the SBI Group’s “Fourth Megabank concept” “Fourth Megabank concept” Pursue the benefits of improvements in efficiency and the expansion of our business scope through wide-ranging collaboration between SBI Group and regional financial inst
Slide 61: SBI Shinsei Bank's Achievements as a Platformer
SBI Shinsei Bank’s Achievements as a Platformer Steadily Materialize *Each figure is the end of (Case study in SBI Shinsei Bank) Sept. 2023 Co-financing for local companies arranged by regional banks ⇒ In cooperation with regional banks, Loans totaled JPY 13.0bn (including unused loans and contrac
Slide 62: SBI Sumishin Net Bank Variable-Rate Mortgages
(ii) SBI Sumishin Net Bank’s Main Products is on Variable- Rate Mortgage Products, Which are Expected to be Positively Affected by Rising Interest Rates Over 92% of mortgage loans, which account for the majority of loans, are linked to the short-term prime rate If the zero-interest rate is lifte
Slide 63: Regional financial institutions' share prices
(iii) At regional financial institutions in which SBI Group has a stake in, share prices have risen in line with expectations of increased profits from lending and market operations, among other factors, as they promote measures in anticipation of rising interest rates through collaboration with SBI
Slide 64: Past Policy Rate Hikes and Current Situation Similar
Past Phases of Domestic Policy Rate Hikes and the Current Situation are Very Similar <Changes in the domestic bank share index* and JGB yields> [April 2005 – end of Mar. 2007] [April 2020 – end of Oct. 2023] Correlation coefficient is 0.80 Correlation coefficient is 0.92 (points) (%) (points) (%) Do
Slide 65: Variable Lending Ratio of Regional Financial Institutions
The Variable Lending Ratio of Regional Financial Institutions, Including Loans with a Remaining Maturity of a Year or Less, has Reached 63% <Outstanding Variable and Fixed Rate Loans of Regional Financial Institutions by Residual Maturity> Fixed-rate lending Valuable-rate lending (JPY tn) 120 100 81
Slide 66: P/B Ratio of Alliance Partner Banks
Comparison of P/B Ratio of Each of the SBI Group’s Capital and Business Alliance Partners at the Time of the Alliance Announcement and at the Most Recent Date Major 【The Shimane Bank】 Major 【The Fukushima Bank】 【THE CHIKUHO BANK】 share- share- holder holder (Sept. 6, 2019) (Nov. 11, 2019) (Jan. 17,
Slide 67: Share Prices Rose at Alliance Partner Banks
Share Prices Rose across the Board at Each of SBI Group’s Capital and Business Alliance Partner Banks, against a Backdrop of Changes in Interest Rate Policy, Combined with the Promotion of Digitalization BOJ decided to make the operation of its yield curve control policy more flexible at the Monetar
Slide 68: Efforts to Acquire Deposits with SBI Group Cooperation
Aggressive Efforts to Acquire Deposits in Order to Further Strengthen Fund Management Based on Cooperation with SBI Group Through such characteristic measures as paying the industry’s highest level of interest on ordinary deposits (0.25%) and eliminating ATM fees, deposit balances at the “Shimaho!
Slide 69: Next-Generation Banking Systems
Significantly Reduce System Costs and Radically Reform Operations through the Provision of Next-Generation Banking Systems SBI Regional Revitalization Banking System and Future Architect have formed a business alliance to promote the development of a next-generation banking system, including an ac
Slide 70: SBI Common ATM Service
Launch of the SBI Common ATM Service to Contribute to the Reduction of System Costs for Regional Banks Common specifications for ATM applications, monitoring and operation minimize individual development for each bank and reduce operating costs THE SENDAI BANK and Kirayaka Bank started operation
Slide 71: SBI SAVINGS BANK earnings outlook
(iv) SBI SAVINGS BANK suffered a short-term negative impact on earnings due to a sharp rise in interest rates following monetary tightening in the US, but expects earnings to improve from 2H FY2023 and beyond as the macro environment improves [Unauthorized reproduction is prohibited] 70
Slide 72: Deterioration in Customer Credit and Collateral Prices
Deterioration in Customer Credit and Collateral Property Prices Due to Continued Inflation and Sharp Rise in Policy Rates Changes in Indicators since Becoming a Subsidiary (K-GAAP) * Converted at KRW 1 = JPY 0.11 (KRW bn) ：About policy rates (％) Total Assets Jan. 2023 Delinquency rate KRW 16,146.8bn
Slide 73: Signs of Improvement in Korean Economy
Signs of Improvement in the Korean Economy are Beginning to Emerge <Rate of Change in House Prices Compared to Previous Month> The overall bankruptcy rate of （%） Nationwide Seoul domestic businesses in South 0.2 0.15 Korea has continued to worsen 0.1 0.06 since the end of 2022, but the rate May Ju
Slide 74: Insurance business tailwind
② In insurance business, in addition to changes in the interest rate environment, the old-style sales methods of major insurance companies, as seen in the scandals involving used car dealers, have been called into question, providing a tailwind for the Group's insurance companies [Unauthorized repro
Slide 75: Insurance Investment Policies for Rising Rates
SBI Life Insurance and SBI Insurance have Investment Policies that Anticipate a Future Phase of Rising Interest Rates [SBI Life Insurance] [SBI Insurance] • Given the growing appeal of investing in yen bonds relative • Given the rising interest rates and to other asset classes, expand buy-and-hold i
Slide 76: Improper Insurance Claims by Used Car Dealers
Improper Insurance Claims by BIGMOTOR and Other Used Car Dealers Have Exposed Not Only the Collapse of Business Ethics but Also Structural Problems in the Agency-type Non-life Insurance Business Agency-type non-life insurance Independent direct non-life insurance • Used car dealers also play a role
Slide 77: Customer-centric Principles in Insurance
In the Insurance Business, where a String of Scandals has Shaken Confidence in the Industry as a Whole, the Key to Growth is a Thorough “Customer-centric Principles” Approach -based on the SBI Group’s “Customer-centric Principles,” SBI Insurance achieved a high level of customer satisfaction in exte
Slide 78: Developing Products for Changing Investment Environment
③ Focusing on developing products that capture changes in the investment environment, such as interest rates, in the Asset Management Business (i) Plans to launch and manage a new JGB investment trust in anticipation of changes in the interest rate environment in Japan (ii) Establish joint venture w
Slide 79: New JGB investment trust
(i) Plans to launch and manage a new JGB investment trust in anticipation of changes in the interest rate environment in Japan [Unauthorized reproduction is prohibited] 78
Slide 80: Low-Cost Domestic Bond Active Fund
Plan to Establish and Operate an Industry-Leading Low-Cost Domestic Bond Active Fund, Anticipating the Evolving Domestic Interest Rate Trends in Japan - SBI Asset Management will offer a JGB Fund amid expectation of return of “World with Interest Rates” Fund name: SBI JGB Fund (Quarterly settlement
Slide 81: Joint venture for alternative investment products
(ii) Established a joint venture with leading overseas asset management companies to provide alternative investment products [Unauthorized reproduction is prohibited] 80
Slide 82: Asset Management Environment at a Turning Point
The Environment Surrounding Asset Management is at a Major Turning Point - Rising interest rates around the world have also brought about changes in the asset management environment - BlackRock Inc. strategists are ditching the 60/40 portfolio in favor of public and private investments as well as ta
Slide 83: Acquire Asset Managers and Strategic Alliances
Acquire Quality Asset Management Companies and Promote Strategic Alliances in Order to Enhance Asset Management Sophistication and Build a Global Asset Allocation Structure <To provide advanced asset allocation that can cope with an uncertain environment> [Up to now] Expansion of traditional asset c
Slide 84: Alliance with Man Group and KKR
Develop around Two Alternative Investment Strategies: “Alternative Strategies” and “Alternative Assets” SBI Group Agrees to Alliance with Two Leading Global Alternative Management Firms U.K. Man Group, which has strength in “alternative strategies” U.S. KKR, which has strength in “alternative assets
Slide 85: Agreement with Man Group for Joint Venture
① Agreement with Man Group, a Leading U.K.-based Asset Management Firm, to Establish a Joint Venture to Manage Alternative Investments Basic Agreement (July 18, 2023) Man Group, founded in the UK in 1783, is one of the world’s largest asset management companies specializing in alternative asset ma
Slide 86: Agreement with KKR for Joint Venture
② Agreement with KKR, a Leading U.S. Asset Management Firm, to Establish a Joint Venture to Manage Alternative Investments Basic Agreement (Sept. 12, 2023) KKR is one of the world’s largest comprehensive asset management firms, established in 1976 in the U.S., with 23 offices around the world incl
Slide 87: Target Group AUM of JPY 20tn by FY2027
Endeavor to Achieve the Total Group Assets Under Management of JPY 20tn by FY2027 [Current position] [New goal] As of end of September 2023 Endeavor to achieve JPY 8.5tn JPY 20tn by FY2027 <Index & multi-asset> <U.S. govt. bonds> <Active> [Okasan Asset Management] Approx. JPY5.0tn * Approx. JPY2.6tn
Slide 88: FX Volatility Expected to Grow Trading Revenues
④ Volatility in the foreign exchange market will increase due to changes in monetary policy, and trading revenues are expected to continue to grow in the securities business [Unauthorized reproduction is prohibited] 87
Slide 89: Higher FX Volatility Leads to Increased FX Revenue
Higher Volatility in the Foreign Exchange Market Leads to Increase in Revenue of the FX Business SBI Liquidity Market Operating Revenue, OTC Foreign Exchange Transaction Volume, and USD/JPY Rate (April 2018 – End of September 2023) Operating revenue (JPY million) OTC Foreign Exchange Transaction Vol
Slide 90: Accounts and Margin Balance of Five FX Companies
Comparison of the Number of Accounts and Margin Balance on Deposit of Five FX Companies Changes in the number of accounts among Customer Margin Deposits of FX Trading Related (thousand 5 major FX Trading Related Companies (JPY Companies accounts) (as of end of January 2021 – September 2023) billion)
Slide 91: Sales of Foreign Bonds
Focusing on Sales of Foreign Bonds as Part of Efforts to Strengthen Customer’s Global Asset Allocation Trend of Revenues through (JPY million) Foreign Currency Bond 3,861 4000 +181.4% YoY 3,037 2,970 3000 2000 1,538 1,372 1,496 1,041 1000 747 612 506 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2021 FY2022 FY2
Slide 92: Supporting Popularization of Investment via ZERO Revolution
2. In the securities business, supporting the “popularization of investment” through implementing “ZERO Revolution” (commission-free online trading of domestic stocks), which is being driven by policies that promote the shift from saving to asset management (1) The effects of “ZERO Revolution” on SB
Slide 93: Effects of ZERO Revolution on customer base
（1）The effects of “ZERO Revolution” on SBI SECURITIES’ customer base [Unauthorized reproduction prohibited] 92
Slide 94: Account Opening Accelerated by ZERO Revolution
The Pace of Account Opening at SBI Group accelerated by “ZERO Revolution,” and Became the First Company in Japan to Reach 11 Million Securities Comprehensive Accounts Number of Accounts of SBI SECURITIES Group and CAGR：% Major Face-to-face Securities Companies (end of Mar. 2009 - (thousand accounts)
Slide 95: Record New Accounts and Margin Accounts Opened
Both the number of Newly Opened Accounts and Margin Trading Accounts Opened Reached Record Highs after the Announcement of ZERO Revolution *1 Number of New Accounts Opened Number of margin Accounts Opened *2 (Apr. 2022 – Sept. 2023) (Apr. 2022 – Sept. 2023) (accounts) (accounts) 56.1% higher 277.1%
Slide 96: Transfers from Other Securities Companies Increased
Transfers from Other Securities Companies such as Rakuten Securities Have Increased Significantly after the Announcement of “ZERO Revolution” - Securities industry may be facing a shakeout - Number of domestic stocks account Aug. 31, 2023: in- and out- transfers at SBI SECURITIES Announced in-transf
Slide 97: Customer-centric Principle and Transfers from Competitors
SBI SECURITIES’ Customer-centric Principle Which has Been in Place since its Founding, Has Been Successful, and the Number of Transfers from Other Securities Companies Has Increased Number of domestic stocks Number of domestic stocks Number of domestic stocks account in- and out- transfers account i
Slide 98: ZERO Revolution Effects on Alliance Customer Acquisition
Effects of the “ZERO Revolution” Spills Over to Customer Acquisition through Alliances • Following the announcement of ZERO Revolution, the number of new account applications through the alliance with Sumitomo Mitsui Banking Corporation (SMBC) Group from Sept. 2023 increased by 122% from Sept. 2023
Slide 99: Increasing Share of Trading Value
SBI Group has Taken the ZERO Revolution as a Boost, Further Increasing its Share of Trading Value Trend of Share of Individual Stock (of which) Share of Individual Margin Trading Value* (as end of Quarter) Trading Value* (as of end of each (end of Mar. 2022 – end of Sept. 2023) quarter) (end of Mar.
Slide 100: Customer Base Expansion Impacts Entire SBI Group
Dramatic Expansion of SBI SECURITIES’ Customer Base Has a Positive Impact on the Entire SBI Group Free domestic stock brokerage fee is expected to increase retail customers interest in a variety of other financial products who open an account with SBI SECURITIES [SBI SECURITIES] Margin trading IPO・P
Slide 101: Spillover into SBI Group Customer Base Expansion
Examples of how the increase in SBI SECURITIES’ Customer Spills over into the Expansion of the SBI Group’s Customer Base A significant expansion of customer base can be confirmed among the Group companies that offer services in cooperation with SBI SECURITIES, compared to June 2019 when initiative t
Slide 102: Focus on NISA and iDeCo
(2) SBI SECURITIES will continue to focus on NISA and iDeCo, and strive to further expand its customer base by taking advantage of the systemic reforms ① SBI SECURITIES has established a dominant position in the securities industry for NISA ② In anticipation of the launch of the New NISA, provide pr
Slide 103: Dominant position in NISA
① SBI SECURITIES has established a dominant position in the securities industry for NISA [Unauthorized reproduction prohibited] 102
Slide 104: Newly Opened NISA Accounts and Transfers Increased
The Number of Newly Opened NISA Accounts and NISA Account Transfers from Other Securities Companies increased Sharply due to ZERO Revolutions and New NISA Initiatives Trend of the Number of Trend of the Number of NISA Account Newly Opened NISA Accounts Transfers from Other Securities Companies (Apr.
Slide 105: SBI SECURITIES Leads Industry in NISA
SBI SECURITIES Has Focused on NISA Initiatives as an Important Strategic Area and Leads the Industry (thousand accounts) Trend of the Number Announced the second part of the of NISA Accounts 4,021 ZERO Revolution on Sept. 22, 2023, 4050 (Sept. 2015 – Sept. 2023) SBI with target to expand the custome
Slide 106: Products for the New NISA
② In anticipation of the launch of the New NISA, provide products that contribute to long-term asset building for individual investors, including investment beginners, in the Asset Management Business [Unauthorized reproduction is prohibited] 105
Slide 107: Expand Product Lineup for New NISA
Aggressively Expand Product Lineup in Anticipation of the Launch of the New NISA in the Asset Management Business Funds of SBI Group’s Asset Management Businesses eligible for the Growth Quota of the New NISA for General Investors SBI Asset Management： Products selected for NISA growth investment: 4
Slide 108: Funds Investing in Attention-Attracting Regions
SBI Asset Management Launches and Manages Investment Funds Investing in Countries and Regions that have Recently Attracted Attention [India Equities] Eligible for Growth Quota of the New NISA Fund name: SBI iShares India Equity Index Fund “Nickname: Sakutto Indo-kabushiki” Trust fee: 0.463％ (Incl. t
Slide 109: iDeCo customer base growing
③ SBI Group’s early efforts in iDeCo have worked, and its customer base is growing steadily [Unauthorized reproduction prohibited] 108
Slide 110: SBI Benefit Systems and iDeCo Subscribers
SBI Benefit Systems Initiated the Individual Defined Contribution (iDeCo) Initiatives from Early Stage and is Steadily Increasing the Number of Subscribers SBI Group focused on the Individual Defined Contribution (iDeCo) pension business through SBI Benefit Systems (est. 2001), well before expectati
Slide 111: Industry Leader in iDeCo Customers
SBI SECURITIES is the Industry Leader in the Cumulative Number of Individual Defined Contribution Plan (iDeCo) Customers - Gap between the number of accumulated customers of the second largest company in the industry (Company B) continues to be widened- Cumulative Number of Customers (subscribers &
Slide 112: Strengthening alternative revenue
(3) SBI SECURITIES thoroughly promote the strengthening of alternative revenue to mitigate the impact of the decrease in revenue caused by “ZERO Revolution” [Unauthorized reproduction prohibited] 111
Slide 113: SBI SECURITIES Operating Revenue Structure
SBI SECURITIES’ Consolidated Operating Revenue (Net Sales) Structure for 1H FY2023 (JPY million) 102,091 Other operating revenues 17 100,000 80,839 Other operating revenues Financial revenues 23 32,169（31.5％） 80,000 21,027 （26.0％） 60,000 Trading revenues 26,359 （25.8％） 24,250 （30.0％） 40,000 Other co
Slide 114: Commission Revenues Not Subject to ZERO Revolution
Commission Revenues Not Subject to ZERO Revolution Has Continued to Increase Domestic Stock Brokerage Commissions* Trading Value transactions excluding ：+10.1% (JPY trillion) online domestic stock (JPY million) online domestic stock ：+25.0% 120.0 +39.7% 113.8 25,000 transactions YoY 100.0 20,000 81.
Slide 115: Open Interest Credit Balance Increasing
Open Interest Credit balance is on an Increasing Trend, Which is Expected to Further Increase Financial Revenue in the Second Half of FY2023 and beyond Trend of Open Interest Credit Balance Financial Revenue (JPY billion) (end of quarter) (JPY million) 1600.0 1590.6 +51.3% 16,437 YoY 15,000 1400.0 1
Slide 116: Investment Trust Balance and Fees
ZERO Revolution Announcement Led to an Increase in Investment Trust Balance, Accelerating the Pace of Increase in Investment Trust Fees Investment Trust Balance* (JPY million) Investment Trust Fees (JPY billion) 2,700 8,669.6 Achieved a +10.7% 2,514 8,000.0 record high YoY quarterly balance 6,000.0
Slide 117: Monthly Accumulation of Investment Trust Exceeds JPY 100 billion
Monthly accumulation amount of Investment Trust Fund Has Already Exceeded JPY 100 billion - Accumulation of investment trust balance of more than JPY 1.2 trillion in one year - • Strong growth in credit card-based accumulation-type fund Investment, with the amount of accumulation exceeding JPY 100 b
Slide 118: Highest IPO Underwriting Share in Industry
SBI SECURITIES Has been Maintaining the Highest IPO Underwriting Share in the Industry since FY2012 - Steady growth in POs and Corporate bond underwriting - Underwriting share of 95.9% is • Between Apr. 2023 and Sept. 2023, an industry-leading figure SBI SECURITIES underwrote IPO Underwriting Rankin
Slide 119: Only Online Securities in Top 10 Equity Underwriting
SBI SECURITIES is the Only Online Securities in the Top 10 in the Equity Underwriting Ranking [Equity and equity-related underwriting ranking (July – Sept. 2023)] Rank Company name Underwriting amount Number of (previous year) (JPY billion) cases 1（3） Nomura 446.6 22 2（5） SMBC Nikko 91.1 15 3（4） Miz
Slide 120: Investments in Digital Assets
3. Actively Promoting Investments and Business Development in the Field of Digital assets in Preparation for the Advent of the Full-fledged Digital World (1) Establish a new fund called “SBI Digital Space Fund,” with a maximum size of JPY 100 bn, focused on investing in cutting-edge services/technol
Slide 121: SBI Digital Space Fund
(1) Establish a New Fund Called “SBI Digital Space Fund,” With a Maximum Size of JPY 100bn, Focused On Investing in Cutting-Edge Services/Technologies in the Digital Space. The Fund was Established Investment target areas： in September 2023 Not only “digital space” segments such as Web3 and the me
Slide 122: Investment Track Record and Fund Participants
(1) SBI Digital Space Fund SBI Group’s Investment Track Record has been Recognized, and a Total of 43 Companies, Including Major Players in Various Industries, are Participating in the Fund The recent valuation of our FinTech fund, established in 2015, has exceeded three times the initial committe
Slide 123: Expand crypto asset ecosystem
(2) Expand the crypto asset ecosystem and maximize profitability, driven by the recent recovery of the crypto asset market ① Market environment for crypto assets over the past few years ② Initiatives in the Crypto Assets Business for the Future [Unauthorized reproduction is prohibited] 122
Slide 124: Crypto market environment
① Market environment for crypto assets over the past few years [Unauthorized reproduction is prohibited] 123
Slide 125: Crypto Markets Inversely Correlated to U.S. Rates
The Crypto Asset Markets Often Inversely Correlated to U.S. Interest Rates (USD) U.S. 10-year yield and Bitcoin price (％) 80,000 6.0 Bitcoin price U.S. 10-year yield 70,000 5.0 60,000 4.0 50,000 40,000 3.0 30,000 2.0 20,000 Bitcoin moves toward higher prices due to money glut from monetary easing 1.
Slide 126: Major Crypto Asset Prices on Upward Trend
Prices of Major Crypto Assets Are Currently on an Upward Trend Due to the Anticipation of Crypto Asset ETFS Being Applied for Approval in the U.S. Ethereum (ETH): right axis Bitcoin (BTC): left axis (JPY) July 27: Application by Volatility Shares October 2: Grayscale Investments files (JPY) 5,500,00
Slide 127: XRP Price Continues to Rise in 2023
XRP Price Continues to Rise into 2023 on Positive News, Including Ruling of Litigation made by SEC Against Ripple Labs Inc. (Ripple) XRP Price Movement XRP receives approval as a (JPY) (January 1, 2023 – November 5,2023) crypto asset from the Dubai 120.00 Financial Services Authority (DFSA) on Novem
Slide 128: Initiatives in the Crypto Assets Business
② Initiatives in the Crypto Assets Business for the Future [Unauthorized reproduction is prohibited] 127
Slide 129: Crypto Asset Ecosystem with Synergies
SBI Group Has Established an Ecosystem that Can Generate Synergies Through a Group of Companies With Various Supporting Functions Centered on the Crypto Asset Exchange Crypto asset trust Started operations from July 2023 B2C2 Providing crypto Cooperate Crypto asset CFDs asset liquidity Ripple Labs I
Slide 130: Growth in Crypto Asset Customer Base
Steady Growth in Our Customer Base while Continuing to Build an Ecosystem of the Crypto Asset Business Number of customers in the SBI Group’s Crypto Asset business (End of Sept. 2021 - 2023) 6.0 *1 Combined number of SBI VC Trade (including former TaoTao) and BITPOINT accounts *2 The number of custo
Slide 131: Staking Services Performing Well
Staking Services Provided by the SBI Group (SBI VC Trade, BITPOINT) is Performing 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
Slide 132: High Staking Reward Rates Compared to Industry
SBI Group Offers High Staking Reward Rates Compared to the Industry Staking reward rates offered in SBI Group’s Crypto Asset Business (January - October 2023) 10.00% AVAX’s reward rates 24.00% significantly improved 9.00% through partnership with 8.66% 22.00% Ava Labs 22.00% 8.00% 20.82% 7.18% 20.00
Slide 133: Joint Venture with TradeFinex Tech for XDC Network
As Part of Expanding the Crypto-asset Ecosystem, Entered into a Basic Agreement to Establish a Japan-based Joint Venture with TradeFinex Tech, which is Expanding the XDC Network—A Blockchain Designed to Add Efficiency to Trade Finance Basic agreement announced (9/29/2023) May 11, 2023: Partnership a
Slide 134: World's Largest Global Corridor for Digital Assets
(3) SBI Group endeavors to establish the world’s largest global corridor for the distribution of digital assets ① SBI Digital Asset Holdings is playing a central role in contribution to “Project Guardian” ② Accelerating the development of digital asset-related businesses based in Singapore under all
Slide 135: Central Role in Project Guardian
① SBI Digital Asset Holdings is Playing a Central Role in Contribution to “Project Guardian” Project Guardian is a project initiated by the Monetary Authority of Singapore (MAS) in collaboration with international financial institutions and regulatory authorities from various countries to explore th
Slide 136: Digital Asset Businesses in Singapore with Global Partners
② Accelerating the Development of Digital Asset- Related Businesses Based in Singapore Under Alliances With Global Partners SCB10X is a subsidiary of Siam Commercial A member of the SIX Group, which operates Bank, one of Thailand’s leading banks, the SIX Swiss Exchange, one of the world’s actively p
Slide 137: SBI Group Operates Multiple PTS
③ SBI Group Operates Multiple Proprietary Trading System (PTS) Japannext Operates Japannext PTS, a trading system partnered with NASDAQ, providing investors with a world- Start of operation: August 2007 class trading environment Osaka Digital Exchange, which operates Osaka Digital Exchange a stock P
Slide 138: Developing NFT-Related Business
（4）Developing business related to NFT, the use of which is expected to expand rapidly with the spread of digital assets ① SBINFT announces new business strategy to capture rapidly growing NFT market for gaming ② Equity-method affiliate gumi released a new game in August and is developing a blockchai
Slide 139: SBINFT Strategy for NFT Gaming Market
① SBINFT Announces New Business Strategy to Capture Rapidly Growing NFT Market for Gaming According to a report by Global Information, the blockchain gaming market size will reach US$104.5 billion by 2028, growing at a CAGR of 68.2% between 2022 and 2028 In Japan, major companies such as Sega, N
Slide 140: gumi Game Releases and Blockchain Game
② Equity-method Affiliate gumi Released a New Game in August and is Developing a Blockchain Game Aster Tatarix ・A simulation RPG project by gumi and Aniplex ・Distributed on August 28, 2023. Endeavor to increase sales by implementing appropriate promotions ・Plans to distribute foreign language versio
Slide 141: Strengthening Relations with Oasys
③ Strengthening Relations with Oasys, a Gaming-specific Blockchain [Crypto assets: Oasys (OAS) ] • SBI VC Trade signed a partnership agreement with Oasys Pte. Ltd, operator of Oasys, a gaming-specific blockchain, on March 24, 2023 • OAS sales and savings services was available from May 31, 2023, and
Slide 142: Supporting Expo 2025 Osaka, Kansai with NFTs
④ Endeavor to Promote new Technologies, including NFTs, that are Expected to Grow in the Future, by Supporting the Expo 2025 Osaka, Kansai and Sharing them with the World (i) The official wallet service, "EXPO2025 Digital Wallet," operated by a consortium consisting of SBI Group, SMBC Group, Resona
Slide 143: Creating New Business Portfolio Lowering Volatility
4. Creating a new business portfolio that will lead to lower performance volatility due to major changes in the business environment, such as financial market fluctuations (1) Amidst the anticipation of full-scale demand expansion for AI and electric vehicles (EV), etc., entered into the semiconduct
Slide 144: Entering Semiconductor Business with PSMC
(1) Amidst the anticipation of full-scale demand expansion for AI and electric vehicles (EV), etc., entered the semiconductor-related business in partnership with PSMC, a major foundry in Taiwan ① Demand for semiconductors for AI, EV, and telecom infrastructure is expected to grow over the medium to
Slide 145: Semiconductor Demand for AI, EV, Telecom to Grow
① Demand for Semiconductors for AI, EV, and Telecom Infrastructure is Expected to Grow over the Medium to Long Term Logic Semiconductor* Market Size Forecast (Devices) (Billions of Units) ISP 200 Others Application processor (including ISP) Image Signal Processor RF 180 PMIC Communication RF 160 DDI
Slide 146: Plan to Establish JSMC Holdings
② Plan to Establish JSMC Holdings as the Foundry Operations Company JSMC • Operation of the newly established foundry • Construction of an ecosystem including semiconductor-related businesses beyond foundry operations JSMC Holdings • Possibility of establishing new locations in Japan and overseas in
Slide 147: Building a Semiconductor Foundry Ecosystem
③ SBI Group is striving to build a semiconductor foundry ecosystem Strengthening Competitiveness through Synergy Effects and Mutual Evolution between Related Companies Forming an Ecosystem of Semiconductor Foundry - SBI Group’s approach of incorporating domestic and overseas affiliated companies tha
Slide 148: Investments in Semiconductor-related Companies
③ SBI Group is striving to build a semiconductor foundry ecosystem SBI Group has already Conducted Investment Activities, etc. in Domestic and Overseas Semiconductor-related Companies Based on the Concept of Investment, Introduction, and Diffusion [Development and design of semiconductor products an
Slide 149: Foundry Construction Location Determined
④ The Location for the Construction of the Semiconductor Foundry has been Determined The construction of a semiconductor foundry is an initiative expected to greatly contribute to regional revitalization by promoting income growth and creating employment opportunities of the region Following the not
Slide 150: Plans for Manufacturing Semiconductor Wafers
⑤ Plans for Manufacturing of Semiconductor Wafers at the Foundry PSMC’s expertise will be utilized at the foundry to be built to mass produce high-quality, low-cost wafers 28nm and above in size, which are estimated to account for more than 90% of the demand for automotive semiconductors For Phase
Slide 151: Strengthening Global Alliance Structure
(2) Strengthening our global alliance structure by leveraging our experience in the field of digital assets and other advanced technologies ① Middle East： Saudi Arabia is investing aggressively to realize its national transformation plan, and the SBI Group is working with Saudi companies in the area
Slide 152: MoU with KACST
① Middle East Memorandum of Understanding for Business Alliance with King Abdulaziz City for Science and Technology KACST [Considering business alliances in the following areas in the future] Cooperation and investment in the field of semiconductors in Japan and Saudi Arabia Development of biote
Slide 153: Capital Alliance with Novastar
② Africa UK-based Venture Capital Firm Novastar Invests in Africa Signed a Strategic Capital Alliance Agreement (November 2, 2023) Novastar [Details of Capital Alliance] The SBI group invested USD40 million in a fund managed by Novastar Support Novastar raise the equivalent of the SBI Group’s in
Slide 154: Capital and Business Alliance with Mynavi
(3) Through the capital and business alliance with Mynavi, the SBI Group will thoroughly pursue business synergies to further enhance the corporate value of both groups [Unauthorized reproduction is prohibited] 153
Slide 155: Alliance with Mynavi Enhancing Corporate Value
Through the Capital and Business Alliance with Mynavi, Further Enhancing the Corporate Value of Both Groups [Mynavi] Mynavi 2024 (Employment preparation website for Advancing “Open Alliance students who are going to graduate in 2024) Strategy” Number of registered users : approx. 820,000 Number of c
Slide 156: Business Alliance with Mynavi (1)
Example of Business Alliance with Mynavi (1) Leveraging SBI Group’s Network of Affiliated Regional Financial Institutions -Further strengthen Mynavi’s partners (34 regional banks, 42 shinkin banks and credit cooperatives) and contributing to regional revitalization through employment promotion by id
Slide 157: Business Alliance with Mynavi (2)
Example of Business Alliance with Mynavi (2) Collaboration and Complementarity among Subsidiary Companies Shared by Both Groups Examples of business areas shared by the SBI Group and the Mynavi Group SBI Group Mynavi Group Total number of exhibits: 2,320 Around 30 Auction items. Total amount of auct
Slide 158: Reference material
[Reference material] [Unauthorized reproduction is prohibited] 157
Slide 159: 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. 2023 End of Sept. 2023 Consolidated subsidiaries (companies) 518 559 Consolidated partnerships (partnerships) 62 63 Total consolidated subsidiaries (companies) 580 622 Equity-method companies (com
Slide 160: SBI Group Customer Base of Approximately 48 Million
SBI Group Has a Customer Base of Approximately 48 Million - Endeavor towards a Customer Base of 100 Million - Breakdown of the Customer Base (As of the end of Sep. 2023) *1,2 (Thousand) (Thousand) 47,710 SBI SECURITIES SBI NEOMOBILE 4,600 43,863 SECURITIES (No. of accounts) 11,063 SBI Neotrade Secur
Slide 161: SBI Group's Shareholder Composition
SBI Group’s Sholder Composition as of September 30, 2023 Total number of shareholders is 220,670, of which the number of shareholders who hold one unit or more is 154,608 *1 Shareholding ratio of domestic and foreign institutional investors is 60% (％) Trends of Shareholder Composition ＊2 100 2.8
Slide 162: https://www.sbigroup.co.jp
https://www.sbigroup.co.jp [Unauthorized reproduction prohibited] 161