SBI Group
Encyclopedia
SBI Group is a financial services
company group based in Japan
. The groups's businesses and companies are held primarily at SBI Holdings, the group also operates a business school
and children's charity foundation
as well. The company is based in Tokyo
.
SBI Group began in 1999 as the primary investment and financial services arm of SoftBank
, the Japanese media
and telecommunications company. SoftBank Investment, as it was then called, established several prized investment funds targeting Internet business, capturing Silicon Valley's meteoric growth and placing SBI as one of the most winning technology investors. Some of these successful investments, include Yahoo! and E*TRADE. More recently, SBI has found success in other markets, like China, where it "seeded" the New Horizon Fund I -- one of the most successful funds targeting China. Expanding since then, SBI is listed on the first section of the Osaka Securities Exchange
and Tokyo Stock Exchange
.
The company has dozens of subsidiaries and associated companies, involved in every aspect of financial services, including credit cards, insurance
, investments, venture capital
, science incubation
, auto loans
and banking.
SBI Holdings has been listed in Hong Kong in form of Hong Kong Depositary Receipt (HDR) since April 2011.
for Rp.114 billion ($16.70 million).
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
company group based in Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
. The groups's businesses and companies are held primarily at SBI Holdings, the group also operates a business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...
and children's charity foundation
Charitable organization
A charitable organization is a type of non-profit organization . It differs from other types of NPOs in that it centers on philanthropic goals A charitable organization is a type of non-profit organization (NPO). It differs from other types of NPOs in that it centers on philanthropic goals A...
as well. The company is based in Tokyo
Tokyo
, ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...
.
SBI Group began in 1999 as the primary investment and financial services arm of SoftBank
SoftBank
is a Japanese telecommunications and internet corporation, with operations in broadband, fixed-line telecommunications, e-Commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses....
, the Japanese media
Mass media
Mass media refers collectively to all media technologies which are intended to reach a large audience via mass communication. Broadcast media transmit their information electronically and comprise of television, film and radio, movies, CDs, DVDs and some other gadgets like cameras or video consoles...
and telecommunications company. SoftBank Investment, as it was then called, established several prized investment funds targeting Internet business, capturing Silicon Valley's meteoric growth and placing SBI as one of the most winning technology investors. Some of these successful investments, include Yahoo! and E*TRADE. More recently, SBI has found success in other markets, like China, where it "seeded" the New Horizon Fund I -- one of the most successful funds targeting China. Expanding since then, SBI is listed on the first section of the Osaka Securities Exchange
Osaka Securities Exchange
is the second largest securities exchange in Japan, in terms of amount of business handled. As of 31 December 2007, the Osaka Securities Exchange had 477 listed companies with a combined market capitalization of $212 billion. The Nikkei 225 Futures, introduced at the Osaka Securities Exchange in...
and Tokyo Stock Exchange
Tokyo Stock Exchange
The , called or TSE for short, is located in Tokyo, Japan and is the third largest stock exchange in the world by aggregate market capitalization of its listed companies...
.
The company has dozens of subsidiaries and associated companies, involved in every aspect of financial services, including credit cards, insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
, investments, venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
, science incubation
Business incubator
Business incubators are programs designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts...
, auto loans
Loan
A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower....
and banking.
SBI Holdings has been listed in Hong Kong in form of Hong Kong Depositary Receipt (HDR) since April 2011.
SBI Securities
On April 27, 2011 SBI securities, a unit of SBI Holdings, has agreed to acquire a 25 percent stake in PT BNI Securities, a susidiary company of Bank Negara IndonesiaBank Negara Indonesia
Bank Negara Indonesia , commonly known as BNI, is an Indonesian bank. It branches primarily in Indonesia, but it can also found in Singapore, Hong Kong, Tokyo, London and New York. It had 1,000 branches and 9 million customers in 2006. It is quoted on the Indonesia Stock Exchange as...
for Rp.114 billion ($16.70 million).