Sbi Holdings Inc Ord (SBHGF) Q1 2027 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much for joining us today for this earnings announcement of SBI Holdings despite your tight schedule. And thank you very much for a big turnout on the internet. This time, this is the announcement of first quarter results. So on behalf of Mr. Kitao, let me walk you through the results. The report is public, but let me read out the numbers. Revenue, 571 billion yen. Profit before income tax expense, 225.8 billion. Profit for the period, 156.8 billion. Profit attributable to owners of the company, 148.1 billion. In all line items at this record high for the first quarter, Last year, the results were relatively good, but this year's results are much better. For the pre-tax income, it's about 2.5 times, 149.9% increase. On the annualized basis, ROE is 29%, so against 15% in a mid-term plan, it is much better than that plan number. Performance by segment. Who is the other currency act anticipated? The crypto asset business market is struggling. Without this business, financial services business, asset management, PE investment, next-gen business, in all of these businesses, both revenue and pre-tax profit hit record highs as first quarter numbers. Driven by especially the financial services business, given the very robust equity market, We saw big growth year-on-year basis. 59.5% increase in terms of pre-tax profit with 116 billion yen. And we have been investing in advanced areas as PE investment business and with multiple number of names at M&As and funding continued. and here again we saw a very good performance on a basis up 328% or 119.9 billion yen. Given very good results of the first quarter, we have decided to issue the forecast of the interim, the dividend, the payout for the very first time after the first quarter. In the previous year, after the...