SBI Holdings finalizes stock options, gains approval for Kyobo Life acquisition

SBI Holdings has finalized details for its 2025 First Stock Acquisition Rights (Paid Stock Options) issuance, following a share split effective December 1, 2025. A total of 15,690 stock acquisition rights will be issued to 92 directors, representing 3,138,000 shares of the company's common stock. Post-split, the number of shares underlying each right adjusted from 100 to 200, and the exercise price per share adjusted from JPY 6,340 to JPY 3,170.

Concurrently, SBI Holdings announced it has secured approval from South Korean financial authorities for the acquisition of Kyobo Life Insurance Co. This approval was a prerequisite for the acquisition, initially announced on April 17, 2025. Upon completion, Kyobo Life will become an equity-method affiliate of SBI Holdings.

SBI Holdings anticipates recording a gain on negative goodwill from the Kyobo Life acquisition, with the final amount to be calculated based on Kyobo Life's consolidated financial statements at the transaction completion. Further details will be disclosed as they become available.