SBI Holdings, Inc.
(Disclosure Progress) Notice on Completion of Transfer of Specified Subsidiary (Share Transfer)
SBI Holdings transferred 156,147,223 shares (equivalent to 48.66% voting rights) of its Korean consolidated subsidiary SBI Savings Bank Co., Ltd. for 900 billion KRW (99 billion JPY), reclassifying it as an equity-method affiliate.
Key Figures
- Number of Shares Transferred: 156,147,223 shares (equivalent to 48.66% voting rights)
- Transfer Price: 900 billion KRW / 99 billion JPY
- Number of Shares Held After Transfer: 110,022,080 shares (41.34% voting rights)
AI要約
Overview of the Share Transfer of Specified Subsidiary
SBI Holdings, Inc. decided to transfer part of the shares of its Korean consolidated subsidiary, SBI Savings Bank Co., Ltd., to Kyobo Life Insurance Co., Ltd. in Korea, and the transfer was completed on April 6, 2026. The number of shares transferred was 156,147,223, and the transfer price was 900 billion KRW (99 billion JPY). As a result, the voting rights ownership of SBI Savings Bank decreased from 100% to 41.34%, and the company was reclassified from a consolidated subsidiary to an equity-method affiliated company.
Outlook and Impact
SBI Holdings has agreed to continue holding 70% of the economic interest in SBI Savings Bank, and the impact of the bank’s performance on SBI Holdings’ consolidated results is expected to be minor. The company plans to record a gain on sale associated with the share transfer, but the amount is currently under review and will be promptly disclosed once determined.
