FilingReader Intelligence

SBI Holdings completes SBI Sumishin Net Bank share transfer, records gains

October 2, 2025 at 02:39 AM UTCBy FilingReader AI

SBI Holdings announced today, October 2, 2025, the completion of the transfer of all shares in SBI Sumishin Net Bank. This transfer was effected through SBI Holdings' participation in a share buyback conducted by SBI Sumishin Net Bank. The transaction concludes a process initially disclosed on May 29, 2025, concerning the recording of a gain on sale due to the transfer of shares and a basic agreement on business alliances.

As a result of this share transfer, SBI Holdings expects to record a gain on sale of shares in affiliates of JPY 170.3 billion in its non-consolidated financial results. Additionally, a gain on sale of shares in associates of JPY 141.6 billion will be recognized in the consolidated financial results for the third quarter of the fiscal year ending March 31, 2026. This financial impact aligns with the information detailed in the May 29, 2025, press release.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:8473Tokyo Stock Exchange

News Alerts

Get instant email alerts when Sbi Holdings publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →