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SBI Holdings ( (JP:8473) ) has shared an announcement.
SBI Holdings has decided to acquire additional shares of Kyobo Life Insurance Co., Ltd., a leading life insurance company in Korea, to make it an equity-method affiliate. This acquisition aims to strengthen their cooperation and expand SBI’s insurance business, although the financial impact on SBI’s results for the fiscal year ending March 2026 is expected to be negligible.
More about SBI Holdings
SBI Holdings, Inc. is a diversified financial services company based in Tokyo, Japan. The company operates in various sectors, including digital finance and insurance, and has a strong focus on expanding its business both domestically and globally through mergers and acquisitions.
YTD Price Performance: -9.59%
Average Trading Volume: 3,042
Technical Sentiment Signal: Hold
Current Market Cap: $7.31B
Find detailed analytics on 8473 stock on TipRanks’ Stock Analysis page.