SBI Holdings, sometimes referred to as Strategic Business Innovator Group, () is a

financial services Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, ...

company group based in

Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.46 ...

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the n ...

. 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 Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used ...

-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 The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed ...

and

Osaka Securities Exchange , renamed from , is the largest derivatives exchange in Japan, in terms of amount of business handled. , the Osaka Securities Exchange had 477 listed companies with a combined market capitalization of $212 billion. The Nikkei 225 Futures, intr ...

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 has stated in its 2020 annual report that, "Moving forward, we will pursue business growth by actively promoting the Open Alliance initiative, to develop win-win relationships with companies that have advanced technologies in such areas as

fintech Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are r ...

, AI,

blockchain A blockchain is a type of distributed ledger technology (DLT) that consists of growing lists of records, called ''blocks'', that are securely linked together using cryptography. Each block contains a cryptographic hash of the previous block, ...

and

quantum computing Quantum computing is a type of computation whose operations can harness the phenomena of quantum mechanics, such as superposition, interference, and entanglement. Devices that perform quantum computations are known as quantum computers. Though ...

, along with companies in different industries. Our 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". In 2019, 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.

History

* 1999 **April - As a result of a business reorganization accompanying the conversion of SoftBank Corp. (SoftBank Group Corp. as of Jan 2021) into a pure holding company, Softbank Finance Corporation became an independent company to oversee financial-related business activities. **July - Established as SOFTBANK INVESTMENT CORPORATION; start of venture capital business. **Oct. - E*TRADE SECURITIES Co., Ltd. (currently SBI SECURITIES Co., Ltd.) commenced Internet trading services. **Nov - Softbank Ventures Inc. (currently SBI Investment Co., Ltd.) became a wholly owned consolidated subsidiary. * 2000 ** December 15 - The company was listed on JASDAQ (merged with Osaka Securities Exchange in 2010) * 2002 ** February 15 - Tokyo Stock Exchange listed on the First Section of the market ** November 27- Listed on the First Section of the Osaka Securities Exchange * 2003 ** June 2- E-Trade Co., Ltd. merged * 2004 ** March 16- Merged with SBI Real Estate Co., Ltd. * 2005 ** July 1 - Changed name to SBI Holdings, Inc., and transitioned to a holding company structure. * 2006 ** Merged with SBI Partners Co., Ltd. and Finance All Corp. ** August - A wholly owned subsidiary of SoftBank Corp. (name as of Jan 2021 : SoftBank Group Corp.) sold its entire stake in SBI Holdings, Inc. * 2007 **August - SBI Japannext Co., Ltd. (currently Japannext Co., Ltd.) began operation of a proprietary trading system (PTS). **September - SBI Sumishin Net Bank, Ltd. commenced operations. * 2008 ** January - SBI Insurance Co., Ltd. commenced operations **July - SBI E*TRADE SECURITIES Co., Ltd. changed its name to SBI SECURITIES Co., Ltd **November - SBI Sumishin Net Bank, Ltd. commenced business * 2011 ** April 14 - Hong Kong Stock Exchange listed on the ( SEHK : 6488 ) ** On April 27, 2011, SBI Securities, a unit of SBI Holdings, agreed to acquire a 25 percent stake in PT BNI

Securities A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...

, a

subsidiary company A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sam ...

Bank Negara Indonesia Bank Negara Indonesia ( 'State Bank of Indonesia'), is an Indonesian state-owned bank. It has branches primarily in Indonesia, but it can also found in Seoul, Singapore, Hong Kong, Tokyo, London and New York. It had 1000 branches and over 9 milli ...

for Rp.114 billion ($16.70 million). ** May- Opened a representative office in Kuala Lumpur , the capital of Malaysia * 2012 ** March - China Dalian, China business management company changed name to "思佰益 Investment Co., Ltd. (English name: SBI (China) Co., Ltd. )" **April - SBI ALApromo Co., Ltd., commenced business. **May - SBI FXTRADE Co., Ltd., commenced business. * 2014 ** June 25- Delisted from the Hong Kong Stock Exchange. * 2015 **October - SBI Thai Online Securities Co., Ltd., a first pure-play online securities company in

Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is b ...

, commenced business. * 2016 ** November—Established "SBI Virtual Currencies Co., Ltd." (name in 2021: SBI VC Trade Co., Ltd.), which provides virtual currency exchange and trading services. * 2017 ** October-Established a joint holding company " JAL SBI FinTech " to provide new services utilizing Japan Airlines and FinTech . * 2018 ** September—Subsidiary SBI Insurance Group Co., Ltd. is listed on the Tokyo Stock Exchange Mothers. *2019 **April - SBI NEOMOBILE SECURITIES Co., Ltd. established by SBI SECURITIES and CCC Marketing Co., Ltd., commenced business. **May - Established a representative office in Philippines **October - Formed business alliance with Z Holdings Group in the Financial Services Business. **November - Established Strategic Business Innovator Berlin GmbH., a subsidiary in Germany * 2020 ** April - Acquired Cambodian microfinance institution SBI LY HOUR BANK PLC. (formerly Ly Hour Microfinance Institution PLC.) and obtained a banking license. **April - Concluded basic agreement with the SMBC Group on a strategic capital and business alliance. **October- Acquired all shares of Livestar Securities , making it a wholly owned subsidiary of the intermediate holding company SBI Financial Services. Acquired all shares of TaoTao Inc., which operates the crypto asset exchange TAOTAO, and made it a wholly owned subsidiary. **December - SBI Digital Asset Holdings Co., Ltd., a subsidiary of SBI Holdings, announces with the SIX group Plans for Singapore-Based Joint Exchange Venture

References

External links

Website SBI group (English site)
{{Authority control Companies listed on the Osaka Exchange Companies listed on the Tokyo Stock Exchange Companies formerly listed on the Hong Kong Stock Exchange Financial services companies based in Tokyo Insurance companies based in Tokyo Banks of Japan SoftBank Group Financial services companies established in 1999 Japanese companies established in 1999 Blockchains