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SBI Holdings
(8473)
SBI Holdings (8473) vs. iShares MSCI Japan ETF (EWJ)
SBI Holdings Business Overview & Revenue Model
SBI Holdings Earnings Call Summary
SBI Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.62T | 1.44T | 1.21T | 956.98B | 763.62B | 541.14B |
| Gross Profit | 914.27B | 834.12B | 655.82B | 573.24B | 499.64B | 366.05B |
| EBITDA | 659.40B | 353.35B | 192.72B | 172.29B | 202.52B | 185.87B |
| Net Income | 283.19B | 162.12B | 87.24B | 35.45B | 366.85B | 81.10B |
Balance Sheet | ||||||
| Total Assets | 35.30T | 32.11T | 27.14T | 22.31T | 17.84T | 7.21T |
| Cash, Cash Equivalents and Short-Term Investments | 6.22T | 6.26T | 4.58T | 3.78T | 4.86T | 3.10T |
| Total Debt | 6.08T | 5.72T | 4.48T | 3.68T | 3.96T | 2.00T |
| Total Liabilities | 33.49T | 30.35T | 25.23T | 20.56T | 16.25T | 6.49T |
| Stockholders Equity | 1.52T | 1.26T | 1.26T | 1.01T | 924.60B | 562.12B |
Cash Flow | ||||||
| Free Cash Flow | 2.35T | 1.46T | 1.30T | 923.17B | -340.01B | -193.82B |
| Operating Cash Flow | 2.75T | 1.51T | 1.35T | 960.74B | -314.05B | -178.40B |
| Investing Cash Flow | -1.57T | -1.06T | -65.12B | -1.08T | 1.84T | -82.07B |
| Financing Cash Flow | 303.44B | 445.89B | 29.17B | 810.42B | 163.30B | 210.82B |
SBI Holdings Technical Analysis
SBI Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥52.94B | 11.68 | 17.21% | 4.27% | 7.60% | 7.20% | |
72 Outperform | ¥2.35T | 7.96 | 20.02% | 2.63% | 23.96% | 179.16% | |
72 Outperform | ¥177.83B | 14.76 | 6.79% | 5.60% | 3.10% | 17.73% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | ¥15.87B | 230.91 | ― | 2.52% | 1.35% | -91.61% | |
60 Neutral | ¥129.58B | 19.70 | 5.11% | 5.07% | -19.64% | -31.08% | |
46 Neutral | ¥4.86B | 17.52 | 4.15% | ― | -6.60% | ― |
SBI Holdings Corporate Events
SBI Holdings has disclosed the progress of its ongoing share buyback program authorized by its board in November 2025, under which the company repurchased 7,784,300 common shares on the Tokyo Stock Exchange in December 2025 at a total cost of approximately ¥25.97 billion. The buyback forms part of a broader authorization allowing purchases of up to 20 million shares or ¥50 billion through March 31, 2026, signaling continued efforts to optimize capital structure, support the share price, and enhance shareholder returns through active treasury share management.
The most recent analyst rating on (JP:8473) stock is a Buy with a Yen3679.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings has obtained the required approvals from South Korean financial authorities to proceed with its planned acquisition of shares in Seoul-based Kyobo Life Insurance Co., Ltd. from multiple existing shareholders, paving the way for Kyobo Life to become an equity-method affiliate of the Japanese group. The transaction is expected to generate a gain on negative goodwill for SBI Holdings, with the final amount to be determined based on Kyobo Life’s consolidated financial statements at the time the deal closes, underscoring SBI’s strategic push into the South Korean insurance market and its potential positive impact on the company’s financial results and regional insurance business portfolio.
The most recent analyst rating on (JP:8473) stock is a Buy with a Yen3679.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings has finalized the detailed terms for its 2025 first issuance of paid stock acquisition rights (stock options) to directors of the company and its subsidiaries, following an earlier announcement in November. The company will issue 15,690 stock acquisition rights, corresponding to 3,138,000 shares of common stock, to 92 directors, with the number of shares per right and the exercise price adjusted to reflect a share split effective December 1, 2025, potentially aligning executive incentives more closely with shareholder value and supporting the group’s long-term corporate governance and compensation strategy.
The most recent analyst rating on (JP:8473) stock is a Buy with a Yen3679.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings has announced the successful listing of its subsidiary, SBI Shinsei Bank, on the Tokyo Stock Exchange Prime Market, along with a partial sale of its shares. This move is expected to generate an extraordinary gain of up to JPY 43.6 billion for SBI Holdings, although the overall impact on its consolidated business performance is anticipated to be minor.
The most recent analyst rating on (JP:8473) stock is a Buy with a Yen3679.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings, Inc. announced the issuance of tax-qualified stock options to its employees and executive officers to strengthen group unity and enhance motivation towards achieving mid-to-long-term performance growth. This move is expected to increase the company’s corporate value and involves a potential issuance of up to 3,300,000 shares, representing 0.5% of the total issued shares, with implications for employee engagement and shareholder value.
The most recent analyst rating on (JP:8473) stock is a Buy with a Yen3679.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings has announced its decision to acquire additional shares in CREAL Inc., a company specializing in asset management platform business, through a third-party allotment. This acquisition will make CREAL an equity-method affiliate of SBI Holdings, allowing for deeper collaboration in the real estate finance sector, particularly in the area of security tokens. This strategic move is expected to enhance SBI’s position in the real estate investment market and provide diverse investment opportunities to its clients.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6790.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings has announced the issuance of paid stock options to its directors and those of its subsidiaries, aiming to boost motivation and morale for achieving long-term performance growth and increased corporate value. The issuance involves 16,500 stock acquisition rights, potentially delivering up to 1,650,000 shares, contingent on meeting pre-set performance standards, thus aligning the interests of directors with those of shareholders.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6790.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings announced that its subsidiary, SBI Shinsei Bank, has received approval to list its shares on the Prime Market of the Tokyo Stock Exchange. The company plans a partial sale of these shares, which will result in an extraordinary gain of approximately JPY 42,003 million in its non-consolidated financial results for the fiscal year ending March 2026. Despite this sale, SBI Shinsei Bank will remain a consolidated subsidiary, and the impact on SBI Holdings’ overall business performance is expected to be minor.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6790.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings has announced a plan to acquire up to 10 million of its own shares, with the possibility of increasing to 20 million shares following a stock split. This strategic move aims to facilitate future capital and business alliances, mergers, and acquisitions, thereby strengthening its business foundation and operational flexibility.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6790.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings announced that its subsidiary, SBI Shinsei Bank, has received approval to list its shares on the Prime Market of the Tokyo Stock Exchange. This move is part of SBI Shinsei Bank’s strategy to expand its business foundation and enhance profitability, following its full repayment of public funds. The listing is expected to diversify capital raising methods and increase operational flexibility, contributing to the overall corporate value of SBI Holdings. Despite the listing, SBI Shinsei Bank will remain a consolidated subsidiary, maintaining a degree of independence in its management and operations.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6790.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings, Inc. has refuted claims made in Sentaku Magazine that it is considering acquiring Daiwa Securities in collaboration with Sumitomo Mitsui Financial Group. The company clarified that the report is unfounded, aiming to dispel any misinformation and maintain transparency with its stakeholders.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6710.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings has announced adjustments to the conversion price of its Zero Coupon Convertible Bonds due 2031, following the approval of an extraordinary dividend and a stock split by its Board of Directors. These adjustments, effective retroactively, are expected to impact the company’s financial structure and shareholder value, reflecting strategic financial decisions aimed at optimizing capital management and enhancing shareholder returns.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6710.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings has announced an increase in its interim dividend for the fiscal year ending March 31, 2026, setting it at JPY 40 per share, up from JPY 30 in the previous year. This decision reflects the company’s strategy to enhance shareholder returns, supported by its financial performance and market conditions, while maintaining a policy of distributing approximately 30% of profit before income tax as dividends.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6710.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
SBI Holdings has announced a stock split to enhance the liquidity of its shares and broaden its investor base by reducing the stock price per unit. The stock split, effective December 1, 2025, will double the number of issued shares, and the company’s Articles of Incorporation will be amended to reflect the increased total number of shares authorized.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6710.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.