This transaction
In-kind dividendThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
① Acceptance of deposits and installment savings, lending of funds, discounting of bills and foreign exchange transactions ② Guarantees of obligations, acceptance of bills and other businesses incidental to the banking business described in the preceding item ③ Underwriting, handling of public offerings or secondary offerings, handling of private placements, trading and other businesses relating to government bonds, municipal bonds, government-guaranteed bonds and other securities ④ In addition to the businesses in the preceding items, businesses that banks may conduct under the Banking Act, the Secured Bond Trust Act, the Bond Registration Act and other laws ⑤ Other matters incidental or related to the businesses in the preceding items
The impact of this transaction on the Company's consolidated results is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | In-kind dividend |
| Counterparty name | SBI Regional Bank Holdings Co., Ltd. |
| Name of the Subject Company | SBI Shinsei Bank, Limited |
| Business Description of the Subject Company | ① Acceptance of deposits and installment savings, lending of funds, discounting of bills and foreign exchange transactions ② Guarantees of obligations, acceptance of bills and other businesses incidental to the banking business described in the preceding item ③ Underwriting, handling of public offerings or secondary offerings, handling of private placements, trading and other businesses relating to government bonds, municipal bonds, government-guaranteed bonds and other securities ④ In addition to the businesses in the preceding items, businesses that banks may conduct under the Banking Act, the Secured Bond Trust Act, the Bond Registration Act and other laws ⑤ Other matters incidental or related to the businesses in the preceding items |
| Location of the Subject Company | Chuo-ku, Tokyo |
| Capital Stock of the Subject Company | ¥178,507 million |
| Date of Establishment of the Subject Company | December 1952 |
| Net Income of the Subject Company | ¥84,499 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | ¥959,249 million (fiscal year ended March 2025) |
| Acquisition price | — (acquired from SBI Regional Bank Holdings by way of an in-kind distribution) |
| Type of Consideration | Shares (acquired by way of an in-kind dividend) |
| Number of shares acquired | 490,000,000 shares; voting rights: not disclosed (voting rights ownership ratio: 55.24%) |
| Voting rights ownership percentage | Before 15.98% → after 71.22% |
| Funding arrangements | Not disclosed (acquired by way of an in-kind distribution) |
| Impact on Business Performance | The impact of this transaction on the Company's consolidated results is expected to be immaterial. |
| Date of board resolution | 19 March 2026 (SBI Regional Bank Holdings Board of Directors) |
| Execution Date / Effective Date | 26 March 2026 (予定) |
| Management structure after acquisition | The shares of SBI Shinsei Bank will be consolidated under the Company, which will continue to strengthen collaboration with regional financial institutions nationwide, including those in which SBI Regional Bank Holdings has invested, centered on the SBI Shinsei Bank Group. The corporate name, representative and treatment of employees: not disclosed |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company determined that the original purpose of making SBI Shinsei Bank a subsidiary of SBI Regional Bank Holdings had been achieved, as SBI Shinsei Bank had repaid its public funds in full and completed its relisting on the Tokyo Stock Exchange. After consolidating the shares under the Company, the Company will continue to strengthen collaboration with regional financial institutions nationwide, centered on the SBI Shinsei Bank Group.