Description
SBI Holdings, sometimes referred to as Strategic Business Innovator Group, (TYO: 8473) is a financial services company group based in Tokyo, Japan. 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-related Business line which develops cosmetics, health foods and drug discovery. Furthermore, the group operates SBI Graduate School, a business school. SBI is listed on the first section of the Tokyo Stock Exchange and Osaka Securities Exchange.
History
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 the 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, AI, blockchain and quantum computing, 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".
