SBI Holdings, Inc.
(Disclosure Change) Notice Regarding Partial Transfer of Shares Accompanying Change in Specified Subsidiary
SBI Holdings has decided to transfer 156,147,223 shares of its Korean subsidiary SBI Savings Bank (equivalent to approximately 99 billion yen) to Kyobo Life Insurance and agreed to advance the transfer completion date to March 31, 2026.
Key Figures
- Number of Shares Transferred: 156,147,223 shares
- Transfer Price: 900 billion KRW (approximately 99 billion yen)
- Scheduled Transfer Completion Date: 2026-03-31 (previously 2026-10-30)
AI要約
Details of Change in Share Transfer
SBI Holdings has decided to transfer a portion of the shares (156,147,223 shares) of its consolidated Korean subsidiary, SBI Savings Bank, to Kyobo Life Insurance, and has agreed to advance the transfer completion date from October 30, 2026, to March 31, 2026. The total transfer price is 900 billion KRW (approximately 99 billion yen), and the first transfer (26,545,028 shares) has already been executed on May 2, 2025. After the transfer, the Group will maintain a 70% economic interest in SBI Savings Bank and it will become an equity-method affiliate.
Outlook and Impact
Upon completion of the final share transfer, SBI Savings Bank will cease to be a consolidated subsidiary and will be accounted for as an equity-method affiliate. However, given the Group’s retention of a 70% economic interest, the impact on operating results is expected to be minimal. Additionally, a gain on sale is expected to be recognized at the time of transition to an equity-method affiliate, with the amount currently under review. Regarding the number of directors dispatched, it has also been agreed that Kyobo Life Insurance will dispatch at least one more director than the Group.
