Overview
Banks

SBI Shinsei Bank,Limited

SBI Shinsei Bank is a Japanese commercial bank operating under the SBI Holdings group, providing a broad range of financial products and services across three business segments: Institutional Business, Individual Business, and Overseas Business. Its Institutional Business covers corporate lending, structured finance (real estate finance, project finance, M&A finance), principal transactions (private equity, credit trading), financial markets, and leasing through Showa Lease. Its Individual Business encompasses retail banking, unsecured card loans (Lake, SBI Shinsei Bank Card Loan L) via Shinsei Financial, and shopping credit, card, and payment services through APLUS.

Market Cap
¥1,382B
US$8.79B
EV
¥—B
Stock¥1,558▲+0.61%
US$1 = ¥157.25 (2026-10-30)
ROE
8.8%
* LTM NI / end-of-period equity
PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-21.7%pt
10012345
Dec 17, 25 – Oct 30, 26StockTOPIX
1Dec 17, 25Adjustment after SBI Shinsei's TOB for NEC Capital completed
2Dec 18, 25Rebound from previous day's sharp decline
3Jan 7, 26New year buying interest
4Jan 20, 26Decline in line with TOPIX fall
5Feb 6, 26Rise in line with TOPIX gain
AI Briefing
SBI-controlled commercial bank (71% owned) spanning corporate banking, consumer finance (Lake/APLUS) and leasing, back on TSE Prime since Dec 2025 after repaying public funds. FY26/3 revenue ¥774B, up from ¥614B in FY25/3 — strong multi-year top-line growth across institutional, individual and overseas segments. Market cap ¥1,303B with ¥4,624B cash on hand; closely held structure (SBI Holdings majority stake) limits float and leaves M&A optionality tied to SBI's broader strategy.
Performance & Balance
Revenue 5Y (¥B)
373US$2.37B'22/3422US$2.68B'23/3531US$3.38B'24/3614US$3.90B'25/3774US$4.92B'26/3
Net Income 5Y (¥B)
20.4US$130M'22/342.8US$272M'23/357.9US$368M'24/384.5US$537M'25/3113US$721M'26/3
Capital Structure
74%
26%
EquityD/E 0.36xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
1,567US$9.97B380US$2.42B'22/31,914US$12.2B367US$2.33B'23/33,128US$19.9B'24/33,772US$24.0B235US$1.50B'25/34,624US$29.4B246US$1.56B'26/3
Shareholders
Top 10 hold 78.8%
1
SBI Holdings,Inc.
71.21%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
2.63%
3
QATAR HOLDING LLC (Standing Proxy: Mizuho Bank, Ltd.)
1.91%
4
Japan Securities Finance Co.,Ltd.
0.60%
5
JPMorgan Securities Japan Co., Ltd.
0.44%
6
Custody Bank of Japan, Ltd. (Trust Account)
0.42%
7
JP MORGAN CHASE BANK 385167 (Standing Proxy: Mizuho Bank, Ltd.)
0.41%
8
MSIP CLIENT SECURITIES (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
0.40%
9
The Norinchukin Bank
0.38%
10
Nomura Securities Co., Ltd.
0.38%
Management
12 officers
Katsuya KAWASHIMA
Representative Director, President and CEO
Apr 1985 Joined Nomura Securities Co., Ltd. Aug 1995 Joined SoftBank Corp. (now SoftBank Group Corp.) Jul 1999 Director, SBI Investment Co., Ltd. (now SBI Holdings, Inc.) Oct 1999 Representative Director, President, SoftBank Frontier Securities Co., Ltd. (now SBI Securities Co., Ltd.) Nov 2000 Representative Director, President, SoftBank Finance Corp. (now SoftBank Corp.) Mar 2001 Representative Director, President, Morningstar Co., Ltd. (now SBI Global Asset Management Co., Ltd.) Dec 2005 Director, Executive Officer, Vice President, E*TRADE Securities Co., Ltd. (now SBI Securities Co., Ltd.) Apr 2006 Representative Director, Vice President, SBI Sumishin Net Bank Preparatory Company (now Sumishin SBI Net Bank, Ltd.) Sep 2007 Representative Director, Vice President and COO, Sumishin SBI Net Bank, Ltd. Aug 2011 Representative Director, President, Sumishin SBI Net Bank, Ltd. Apr 2014 Representative Director, President, SBI Money Plaza Co., Ltd. Jun 2014 Director, SBI Securities Co., Ltd. Jun 2014 Representative Director, Executive Officer, Vice President, SBI Holdings, Inc. Apr 2015 Director, SBI Financial Services Co., Ltd. Apr 2015 Representative Director, President, SBI Capital Management Co., Ltd. Apr 2015 Representative Director, Executive Officer, President, SBI Investment Co., Ltd. Sep 2015 Director, SBI Savings Bank Co., Ltd. May 2017 Director, Sumishin SBI Net Bank, Ltd. Jun 2018 Representative Director, Vice President, SBI Holdings, Inc. Jul 2018 Director, SBI Neo Financial Services Co., Ltd. Feb 2019 Representative Director, President, SBI Regional Succession Investment Co., Ltd. Mar 2019 Representative Director, President, MoneyTap Co., Ltd. (now SBI Remit Co., Ltd.) Jul 2020 Director, SBI Regional Bank Holdings Co., Ltd. Jun 2021 Representative Director, President, SBI Neo Financial Services Co., Ltd. Jan 2022 Adviser to the Bank Feb 2022 Representative Director, President, the Bank (current)
1963-03-30
Eisuke TERASAWA
Director
Apr 1996 Joined the Bank Apr 2017 Senior Manager, Group Organization Strategy Department, the Bank Jul 2018 Section Head, Group Corporate Planning Department, the Bank Jul 2020 General Manager, Group Corporate Planning Department, the Bank Apr 2021 Senior Officer, Group Planning and Finance; General Manager, Group Corporate Planning Department; Executive Officer in charge of Financial Facilitation; General Manager, Financial Facilitation Promotion Office, the Bank Apr 2022 Managing Executive Officer, the Bank Jun 2022 Director, Managing Executive Officer, the Bank Apr 2025 Director, Senior Managing Executive Officer, the Bank (current)
1974-01-27
Kei FUJISAKI
Director
Apr 1991 Joined Norinchukin Bank Jul 2012 Deputy General Manager, General Planning Department, Norinchukin Bank Jul 2015 General Manager, Planning Department, Norinchukin Zenkyoren Asset Management Co., Ltd. Jul 2017 General Manager, Integrated Risk Management Department, Norinchukin Bank Apr 2019 Managing Director, Norinchukin Bank Apr 2021 Executive Director and Managing Executive Officer, Norinchukin Bank Jun 2022 Outside Director, the Bank Jun 2023 Senior Managing Executive Officer, the Bank Jun 2026 Director, Senior Managing Executive Officer, the Bank (current)
1968-06-23
Masanobu OGURA
Director
Apr 2004 Joined Bank of Japan Dec 2012 Member of the House of Representatives Aug 2017 Senior Parliamentary Vice-Minister for Internal Affairs and Communications Aug 2022 Minister of State for Special Missions (Children and Child-Rearing Policy, Measures for Declining Birthrate, Youth Empowerment, Gender Equality), in charge of Women's Empowerment, Social Coexistence, and Measures against Loneliness and Isolation Jan 2025 Vice Chairman, Keijinkai Medical Corporation Jun 2025 Outside Director, Dojima Exchange Inc. (current) Jun 2026 Director, Keijinkai Medical Corporation (current) Jun 2026 Managing Executive Officer, the Bank (current)
1981-05-30
Masahiro TERADA
Director
Apr 1996 Registered with Daini Tokyo Bar Association May 1998 In-house Lawyer, Daiwa Securities Co., Ltd. (now Daiwa Securities Group Inc.) May 2000 In-house Lawyer, Morgan Stanley Securities Co., Ltd. (now Morgan Stanley MUFG Securities Co., Ltd.) Jan 2005 Partner, City-Yuwa Partners Oct 2012 Supervisory Officer, Ichigo Real Estate Investment Corporation (now Ichigo Office REIT Investment Corporation) Aug 2016 Outside Audit & Supervisory Board Member, Nissen Holdings Co., Ltd. Feb 2022 Outside Director, the Bank (current) Jan 2023 Partner Attorney, Miura & Partners (current) Mar 2026 Outside Director (Audit and Supervisory Committee Member), Jinushi Co., Ltd. (current) Mar 2026 Outside Director, Bitbank, Inc. (current)
1968-05-07
Yurina TAKIGUCHI
Director
Apr 2008 Affiliated with Saint Force Co., Ltd. (current) Jun 2014 Sub-anchor, News Morning Satellite, TV Tokyo Apr 2017 Anchor, Nikkei CNBC Apr 2019 Editor and Communications Director, Forbes JAPAN Sep 2021 Member, Advisory Board, Faculty of Engineering, The University of Tokyo Jun 2022 Outside Director, the Bank (current) Jul 2022 Representative Director, Globe8 Co., Ltd. (current) May 2023 Outside Director, TerraSky Co., Ltd. (current) Jun 2024 Outside Director, Avex Inc. (current)
1987-08-01
Katsunori TANISAKI
Director
Apr 1982 Joined Sumitomo Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Apr 2010 Executive Officer, General Manager, Market Investment Department, Sumitomo Mitsui Banking Corporation Apr 2013 Managing Executive Officer, General Manager, Systems Division, Sumitomo Mitsui Banking Corporation Apr 2015 Director and Senior Managing Executive Officer, Sumitomo Mitsui Banking Corporation Apr 2015 Senior Managing Executive Officer, Sumitomo Mitsui Financial Group, Inc. Jun 2015 Director, Sumitomo Mitsui Financial Group, Inc. Apr 2017 Director and Senior Managing Executive Officer, Group CIO, Sumitomo Mitsui Financial Group, Inc. Jun 2017 Director and Executive Managing Officer, Group CIO, Sumitomo Mitsui Financial Group, Inc. Apr 2019 Senior Managing Executive Officer, Sumitomo Mitsui Banking Corporation Jun 2019 Executive Managing Officer, Group CDIO, Sumitomo Mitsui Financial Group, Inc. Jun 2019 Representative Director, President and COO, The Japan Research Institute, Limited Jun 2019 Director, Japan Research Institute Information Services, Ltd. Apr 2021 Outside Director, Osaka Digital Exchange Co., Ltd. Oct 2021 Director, SMBC Nikko Securities Inc. (current) Jun 2023 Outside Director, the Bank (current) Oct 2023 Director, Tokyo Foundation for Policy Research (now The Tokyo Foundation) (current) Apr 2024 Representative Director, President, The Japan Research Institute Holdings, Ltd. Jun 2025 Trustee, Otsuma Gakuin (current) Jun 2025 Outside Director, Nippon Export and Investment Insurance (NEXI) (current) Jun 2025 Special Advisor, The Japan Research Institute, Limited (current)
1957-04-12
Makoto HAYASHI
Director
Apr 1983 Appointed Public Prosecutor, Tokyo District Public Prosecutors Office Apr 2012 General Manager, General Affairs Department, Supreme Public Prosecutors Office Jul 2013 Chief Public Prosecutor, Sendai District Public Prosecutors Office Jan 2014 Director-General, Criminal Affairs Bureau, Ministry of Justice Jan 2018 Superintending Prosecutor, Nagoya High Public Prosecutors Office May 2020 Superintending Prosecutor, Tokyo High Public Prosecutors Office Jul 2020 Prosecutor General Jun 2022 Retired Aug 2022 Visiting Attorney, Mori Hamada & Matsumoto (current) May 2023 Outside Director, AEON Co., Ltd. (current) Jun 2023 Outside Audit & Supervisory Board Member, Mitsui & Co., Ltd. (current) Jun 2023 Outside Audit & Supervisory Board Member, Central Japan Railway Company (current) Jun 2024 Outside Director, the Bank (current) Feb 2026 Outside Audit & Supervisory Board Member, ONODERA Food Service Holdings Co., Ltd. (current)
1957-07-30
Yuji SAKODA
Director
Apr 1991 Joined National Police Agency Aug 2019 Chief of Nagasaki Prefectural Police Aug 2020 Director-General, Public Security Bureau, Metropolitan Police Department Sep 2021 Director-General, International Intelligence Department, Security Bureau, National Police Agency Aug 2022 Director-General, Security Operations Department, Security Bureau, National Police Agency Jun 2023 Director-General, Security Bureau, National Police Agency Jan 2025 Superintendent General, Metropolitan Police Department Jun 2026 Outside Director, the Bank (current) Jun 2026 Outside Audit & Supervisory Board Member, Taisei Corporation (scheduled)
1968-06-26
Jiro KASAHARA
Full-time Audit & Supervisory Board Member
Apr 1982 Joined the Bank Mar 2002 General Manager, Sales Division No. 5, the Bank Dec 2003 General Manager, Corporate Restructuring Division, the Bank Dec 2005 General Manager, Public Finance Division, the Bank Jan 2007 General Manager, Financial Institutions Division, the Bank Jul 2012 General Manager, Management Office (special assignment), the Bank Jun 2013 General Manager, Management Office, the Bank Jun 2018 Full-time Audit & Supervisory Board Member, Aplus Financial Co., Ltd.; Audit & Supervisory Board Member, Aplus Co., Ltd. Jun 2020 Part-time Audit & Supervisory Board Member, Shinsei Business Investment Co., Ltd. Jun 2021 Part-time Audit & Supervisory Board Member, Aplus Co., Ltd. Jun 2021 Part-time Audit & Supervisory Board Member, Showa Leasing Co., Ltd. Jun 2024 Full-time Audit & Supervisory Board Member, the Bank (current)
1959-05-29
Ikuko AKAMATSU
Audit & Supervisory Board Member
Jan 1995 Joined Ota Showa & Co. (now EY ShinNihon LLC) Dec 2010 Senior Researcher, Management Research Institute, Sanno Institute of Management Apr 2019 Principal Researcher, Management Research Institute, Sanno Institute of Management Jun 2019 Outside Audit & Supervisory Board Member, the Bank (current) Jul 2019 Director, Japanese Institute of Certified Public Accountants Jun 2020 Outside Director, Kawachi Yakuhin Co., Ltd. Jun 2020 Outside Audit & Supervisory Board Member, Toyo Seikan Group Holdings, Ltd. (current) Jun 2022 Outside Director (Audit and Supervisory Committee Member), Mitsubishi UFJ Securities Holdings Co., Ltd. (current) Apr 2023 Outside Audit & Supervisory Board Member, iCARE Inc. Jun 2023 Outside Director, Nippon Kayaku Co., Ltd. (current) Jun 2025 Outside Audit & Supervisory Board Member, Brother Industries, Ltd. (current)
1968-02-27
Miyuki NAKAGAWA
Audit & Supervisory Board Member
Apr 1990 Appointed Public Prosecutor, Tokyo District Public Prosecutors Office Apr 2008 Counselor, Judicial System Department, Minister's Secretariat, Ministry of Justice Jan 2011 Cabinet Counselor, Office of the Deputy Chief Cabinet Secretary, Cabinet Secretariat Apr 2013 Public Prosecutor, Tokyo High Public Prosecutors Office Aug 2013 General Manager, General Affairs Department, Saitama District Public Prosecutors Office Apr 2015 Specially Appointed Professor, Chuo University Law School (seconded prosecutor) Mar 2019 Retired as Public Prosecutor Apr 2019 Registered with Daiichi Tokyo Bar Association; Attorney, Kosui Law Office (current) Apr 2019 Professor, Chuo University Law School (current) Jun 2019 Outside Director (Audit and Supervisory Committee Member), Nitto Kogyo Corporation (current) Jun 2021 Outside Director, Nissan Chemical Corporation (current) Jun 2021 Outside Audit & Supervisory Board Member, FANCL Corporation Jun 2022 Outside Audit & Supervisory Board Member, the Bank (current) Aug 2022 Outside Audit & Supervisory Board Member, ASKUL Corporation Aug 2025 Outside Director (Audit and Supervisory Committee Member), ASKUL Corporation (current)
1964-11-22
Large Shareholding Reports
SBI Holdings, Inc.
2026-03-26
15.82%→70.54%
Annual report (as of 2026-03-31): 71.21%
SBI Regional Banks Holdings Co., Ltd.
2026-01-19
54.72%→54.72%
SBI Regional Banks Holdings Co., Ltd.
2025-12-24
54.72%
―
2023-09-28
9.75%
―
2021-12-17
2.09%→0.00%
―
2021-12-07
5.06%→5.06%
―
2021-12-06
5.35%→5.06%
―
2021-11-19
4.22%→5.35%
―
2021-11-16
3.20%→4.22%
―
2021-11-12
3.20%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINETAmended
2026-07-30
Amended Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-03-26
Large Shareholding Report
TDnet
2026-02-04
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-19
Large Shareholding Report
EDINET
2025-12-24
Large Shareholding Report
EDINETAmended
2025-12-08
Amended Securities Registration Statement
EDINETAmended
2025-12-01
Amended Securities Registration Statement
EDINET
2025-11-13
Securities Registration Statement
EDINET
2025-05-09
中期経営計画
EDINET
2023-09-28
Large Shareholding Report
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-21
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-23
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-12-17
Large Shareholding Report
EDINET
2021-12-07
Large Shareholding Report
EDINET
2021-12-06
Large Shareholding Report
EDINET
2021-11-19
Large Shareholding Report
EDINET
2021-11-17
Quarterly Securities Report
EDINET
2021-11-16
Large Shareholding Report
EDINET
2021-11-12
Large Shareholding Report
EDINET
2021-08-12
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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