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SBI Holdings
Company typepublic company
TYO: 8473
IndustryFinancial Services
Founded1999 as SoftBank Investment Co., Ltd.(became fully independent from Softbank in 2006)
Headquarters
Tokyo
,
Japan
Key people
Yoshitaka Kitao [jp] [1]
(chairman, President and CEO)
ServicesAsset Management | Financial Services |
Consolidated: 64,432 million yen (fiscal year ending March 2020)
Number of employees
Consolidated: 8,003, Single: 227 (as of March 31, 2020)
Subsidiariessee group companies
Websitehttp://www.sbigroup.co.jp

SBI Holdings, sometimes referred to as Strategic Business Innovator Group, (TYO: 8473) is a financial services company group based in Tokyo, Japan.[2] The group's businesses and companies are held primarily at SBI Holdings. The company provides financial services in a wide range of categories, including securities, asset management, banking and insurance and has formed an Internet-based financial conglomerate. The group also has a biotechnology-related business line which develops cosmetics, health foods and drug discovery. Furthermore, the group operates the business school SBI Graduate School. SBI is listed on the first section of the Tokyo Stock Exchange and Osaka Securities Exchange.[3]

Overview

Founded in 1999, the company was initially part of the Softbank group. The company was listed on the Osaka Stock exchange in December 2000 and subsequently on the Tokyo Stock Exchange in 2002. The SBI Group became completely independent from Softbank in 2006. The Financial Services Business is based on an Internet-based financial ecosystem, and undertakes a broad range of financial services, including securities, banking and insurance. At the Asset Management Business, the group conducts investments into and incubation of startup companies, and through the biotechnology-related business, it undertakes the R&D and manufacturing of pharmaceuticals, health foods and other products. The company stated in its 2020 annual report that it would pursue business growth by actively promoting the Open Alliance initiative. This involves developing win-win relationships with companies that have advanced technologies in areas such as fintech, AI, blockchain, and quantum computing, along with companies in different industries. The company's goal is to sustainably increase the corporate value and social value of the SBI Group through self-evolution and co-creation of value with a wide range of companies".[4]

In 2019,[5] SBI Holdings announced its plans to create a 4th Japanese megabank by consolidating several Japanese regional banks (up to 10) into the group and connecting them to SBI's technological pool.[6]

History

References

  1. ^ "Message from Top Management". Retrieved 2024-01-11.
  2. ^ "SBI Group, Corporate profile". Archived from the original on 2009-03-24. Retrieved 2009-01-16.
  3. ^ "SBI Group, Corporate history". Archived from the original on 2008-12-08. Retrieved 2009-01-16.
  4. ^ "Annual Report｜SBI Holdings". www.sbigroup.co.jp. Retrieved 2020-12-26.
  5. ^ Gehrke, Norbert (2019-09-14). "SBI to create Fourth Mega Bank". Medium. Retrieved 2020-12-26.
  6. ^ Fujita, Junko; Umekawa, Takashi; Wada, Takahiko (2020-09-23). "Japan's SBI, eyeing shake-up of regional banks, may get a Suga boost". The Japan Times. Retrieved 2020-12-26.
  7. ^ "Corporate History｜SBI Holdings". www.sbigroup.co.jp. Retrieved 2020-12-26.
  8. ^ "Japanese firm set to acquire 25 percent of BNI Securities | the Jakarta Post". Archived from the original on 2011-04-30. Retrieved 2011-04-28.
  9. ^ "LYHOUR Microfinance Institution Plc. receives Banking License from National Bank of Cambodia". Khmer Times. 2020-04-01. Retrieved 2020-12-26.
  10. ^ "Japan's SMFG and SBI to partner in digital banking". Nikkei Asia. Retrieved 2020-12-26.
  11. ^ "SIX and SBI Planning Digital-Asset Exchange Based in Singapore". Bloomberg.com. 2020-12-08. Retrieved 2020-12-26.

External links

Authority control databases
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