SBI Holdings (8473) Stock Overview
Engages in investment businesses in Japan and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
8473 Community Fair Values
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Analyst Price Targets
SBI Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥2,858.00 |
| 52 Week High | JP¥3,866.00 |
| 52 Week Low | JP¥2,325.00 |
| Beta | 0.46 |
| 1 Month Change | -6.48% |
| 3 Month Change | -3.58% |
| 1 Year Change | 18.86% |
| 3 Year Change | 107.18% |
| 5 Year Change | 114.48% |
| Change since IPO | 20.57% |
Recent News & Updates
Narrative Update • Jun 09
8473: Ripple Ties And U.S. Venture Alliance Will Drive Future Upside Re Rating
Analysts have trimmed their price target on SBI Holdings from ¥4,249.97 to ¥4,180, citing updated assumptions for revenue growth, profit margins, and a lower forward P/E multiple. What's in the News SBI Remit, the international transfer arm of SBI Holdings, reported cumulative cross border transfer volume of ¥2.5 trillion, or more than US$15b, using Ripple's On Demand Liquidity with XRP as the bridge currency, Source: SBI Remit / Ripple focused coverage.
Narrative Update • May 26
8473: Higher Margins And Dividend Outlook Will Support Stronger Future Returns
Analysts have raised their fair value estimate for SBI Holdings from ¥2,650 to ¥3,660, citing updated assumptions that indicate a smaller revenue decline, stronger profit margins, and a lower future P/E multiple. What's in the News SBI Holdings has scheduled a board meeting on March 13, 2026, to consider revising the dividend forecast for the year-end dividend per share for the fiscal year ending March 31, 2026 (Key Developments).Recent updates
Narrative Update • Jun 09
8473: Ripple Ties And U.S. Venture Alliance Will Drive Future Upside Re Rating
Analysts have trimmed their price target on SBI Holdings from ¥4,249.97 to ¥4,180, citing updated assumptions for revenue growth, profit margins, and a lower forward P/E multiple. What's in the News SBI Remit, the international transfer arm of SBI Holdings, reported cumulative cross border transfer volume of ¥2.5 trillion, or more than US$15b, using Ripple's On Demand Liquidity with XRP as the bridge currency, Source: SBI Remit / Ripple focused coverage.Narrative Update • May 26
8473: Higher Margins And Dividend Outlook Will Support Stronger Future Returns
Analysts have raised their fair value estimate for SBI Holdings from ¥2,650 to ¥3,660, citing updated assumptions that indicate a smaller revenue decline, stronger profit margins, and a lower future P/E multiple. What's in the News SBI Holdings has scheduled a board meeting on March 13, 2026, to consider revising the dividend forecast for the year-end dividend per share for the fiscal year ending March 31, 2026 (Key Developments).Narrative Update • May 09
8473: Capital Returns And U.S. Venture Alliance Will Support Future Upside Re Rating
Analysts have nudged their fair value estimate for SBI Holdings up from about ¥4,000 to roughly ¥4,250, citing updated assumptions for a smaller revenue decline, slightly lower profit margins, a marginally higher discount rate, and a steady forward P/E profile. What's in the News Across Ventures plans a fund-of-funds, Across Ventures Fund I, L.P., targeting about US$100 million (around ¥16,000 million) to connect early stage U.S. startups with Japanese enterprises, with SBI Holdings set to participate as an anchor limited partner (Key Developments).Narrative Update • Apr 21
8473: Capital Returns And Blockchain Platform Will Support Future Upside Re Rating
Analysts kept their fair value estimate for SBI Holdings steady at ¥4,000, making only small tweaks to revenue growth, profit margin and future P/E assumptions that together still support this unchanged price target. What's in the News Across Ventures plans a new Across Ventures Fund I, L.P. targeting about US$100 million (around ¥16,000 million), with SBI Holdings set to participate as an anchor limited partner to connect U.S. micro VCs and startups with Japanese corporates.Narrative Update • Apr 06
8473: Capital Returns And Blockchain Platform Will Support Future Bullish Re Rating
Analysts have trimmed their price target on SBI Holdings from ¥4,300 to ¥4,000 as they factor in softer revenue expectations, slightly higher profit margin forecasts, and a lower assumed future P/E multiple. What's in the News A board meeting is scheduled for March 19, 2026 to consider changing a second tier subsidiary into a direct subsidiary, which could reshape parts of the group structure (Key Developments).Narrative Update • Mar 23
8473: Higher Margin Outlook And Capital Returns Will Support Bullish Re Rating
Analysts have raised their price target on SBI Holdings from ¥3,550 to ¥4,300, citing adjustments to their models that include a slightly lower discount rate, revised revenue growth assumptions and a higher projected profit margin supported by a modestly higher future P/E multiple. What's in the News Board meeting on March 19, 2026 to consider changing a second tier subsidiary into a direct subsidiary, which could affect how parts of the group are organized (Board meeting agenda).
Narrative Update • Mar 09
8473: Share Buybacks And Blockchain Exchange Platform Will Support Future Capital Returns
Analysts have maintained their SBI Holdings fair value target at ¥3,685, based on supporting assumptions that now include a profit margin of 10.02% and a forward P/E of 28.26x. What's in the News SBI Holdings completed a share repurchase of 7,784,300 shares, representing 1.18% of shares, for ¥25,974.48 million under the buyback announced on November 21, 2025, covering the period from November 21, 2025 to December 31, 2025 (company buyback update).Narrative Update • Feb 23
8473: Buybacks And Tokenized Securities Platform Will Support Future Capital Returns Stability
Analysts have nudged their 12 month price target for SBI Holdings up from ¥3,645 to ¥3,685, reflecting updated assumptions around a slightly lower discount rate, softer revenue growth and profit margins, and a higher future P/E multiple of 39.71x. What's in the News SBI Holdings reported progress on its share buyback program, repurchasing 7,784,300 shares for ¥25,974.48 million between November 21, 2025 and December 31, 2025 under the buyback announced on November 21, 2025 (Key Developments).Narrative Update • Feb 08
8473: Weaker Profitability Outlook Will Outweigh Benefits From Share Repurchases
Analysts have kept their fair value estimate for SBI Holdings steady at ¥2,650. They updated assumptions to reflect a slightly lower discount rate, softer revenue growth and profit margin expectations, and a higher future P/E multiple.Narrative Update • Jan 25
8473: Dividend Growth And Buybacks Will Support Future Capital Returns Stability
Narrative Update on SBI Holdings Analysts have raised their fair value estimate for SBI Holdings from ¥3,323 to ¥3,645. They cite adjustments to long term revenue growth assumptions, a slightly higher profit margin outlook at 11.92%, and a higher future P/E of 21.38x, while keeping the discount rate steady at 11.1%.Narrative Update • Jan 09
8473: Lower Profitability Expectations Will Drive Cautious View Despite Capital Actions
Analysts have reset their price target on SBI Holdings from ¥4,730 to ¥2,650, citing updated assumptions around revenue trends, profit margins and a higher expected P/E multiple. What's in the News Announced a private placement of 6,206,897 common shares at TWD 29 per share for gross proceeds of TWD 180,000,013, including participation from new investor Orient Europharma Co., Ltd.Narrative Update • Dec 24
8473: Outlook Will Balance Buyback Plans And Moderating Profit Margin Expectations
Analysts have lowered their price target on SBI Holdings from ¥6,710 to ¥3,550, citing expectations for slightly slower revenue growth, softer profit margins, and a higher future P/E multiple that together temper the company’s valuation outlook. What's in the News SBI Holdings announced a private placement of 6,206,897 common shares at NT 29 per share, raising approximately NT 180 million, with participation from new investor Orient Europharma Co., Ltd.Narrative Update • Dec 10
8473: Dividend Increase And Buyback Will Support Capital Returns And Stability
Analysts have reduced their fair value estimate for SBI Holdings to ¥3,323, roughly half its previous level, while still pointing to slightly faster expected revenue growth, a modestly stronger profit margin, and a marginally higher future P/E multiple as support for the new target. What's in the News The board has approved a new share repurchase program of 10,000,000 shares (3.09% of outstanding shares), for up to ¥50 billion, running through March 31, 2026, to enhance capital efficiency (Board resolution, Nov 21, 2025).Narrative Update • Nov 26
8473: Dividend Increase And Share Buyback Are Expected To Support Stability
Narrative Update on SBI Holdings: Analyst Price Target Change Analysts have maintained their fair value estimate for SBI Holdings at ¥6,538. This reflects consistent views on the company’s revenue growth, profit margin, and discount rate.Narrative Update • Nov 08
8473: Dividend Increase And Stock Split Are Expected To Drive Steady Performance
Analysts have raised their price target for SBI Holdings from ¥6,292 to ¥6,538. They cited updates to financial projections, including a slightly higher profit margin and revised estimates for revenue growth and valuation multiples.Narrative Update • Oct 25
Share Exchange And Regional Alliances Will Support Earnings Momentum Ahead
Analysts have raised their price target for SBI Holdings from ¥5,950 to ¥6,292. This change reflects increased optimism due to higher projected revenue growth and slightly improved profit margins.Narrative Update • Sep 18
Aggressive Crypto And AI Expansion Will Trigger Margin Erosion
The slight increase in SBI Holdings’ Analyst Price Target appears driven by an improved valuation profile, as reflected in a lower forward P/E multiple, while growth forecasts remain stable, lifting fair value to ¥5,950. What's in the News SBI Holdings concluded a strategic capital and business alliance agreement with THE TOHOKU BANK to drive regional revitalization, enhance local asset building, and support DX (digital transformation) initiatives, including the provision of financial services and establishment of a joint fund for local businesses.Analysis Article • Aug 29
Improved Earnings Required Before SBI Holdings, Inc. (TSE:8473) Stock's 26% Jump Looks Justified
Despite an already strong run, SBI Holdings, Inc. ( TSE:8473 ) shares have been powering on, with a gain of 26% in the...Narrative Update • Aug 07
Aggressive Crypto And AI Expansion Will Trigger Margin Erosion
SBI Holdings’ future P/E multiple has declined, indicating improved valuation despite flat revenue growth forecasts, while the consensus analyst price target remains unchanged at ¥5804. What's in the News SBI Holdings resolved to distribute a year-end dividend of JPY 140 per share for FY ended March 31, 2025, up from JPY 120 per share previously, with total payouts of JPY 42,423 million from retained earnings.Analysis Article • Jun 25
SBI Holdings, Inc. (TSE:8473) Surges 25% Yet Its Low P/E Is No Reason For Excitement
SBI Holdings, Inc. ( TSE:8473 ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...
New Narrative • Nov 30
Expanding Frontiers In Fintech And Asset Management Promise Dynamic Growth Trajectory
Expanding into Saudi Arabia and Southeast Asia aims to significantly increase international revenue, positively impacting future income.Shareholder Returns
| 8473 | JP Capital Markets | JP Market | |
|---|---|---|---|
| 7D | -3.1% | 1.3% | 4.7% |
| 1Y | 18.9% | 34.7% | 46.9% |
Return vs Industry: 8473 underperformed the JP Capital Markets industry which returned 34.7% over the past year.
Return vs Market: 8473 underperformed the JP Market which returned 46.9% over the past year.
Price Volatility
| 8473 volatility | |
|---|---|
| 8473 Average Weekly Movement | 4.5% |
| Capital Markets Industry Average Movement | 4.4% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in JP Market | 9.3% |
| 10% least volatile stocks in JP Market | 2.3% |
Stable Share Price: 8473 has not had significant price volatility in the past 3 months compared to the JP market.
Volatility Over Time: 8473's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 19,156 | Yoshitaka Kitao | www.sbigroup.co.jp |
SBI Holdings, Inc. engages in investment businesses in Japan and internationally. The company operates through five business segments: Financial Services Business, Asset Management Business, PE Investment Business, Crypto-Asset Business, and Next Gen Business segments. Its Financial Services Business segment consists of a range of finance-related business, including securities brokerage business; banking services business; and life, property, and casualty insurance businesses.
SBI Holdings, Inc. Fundamentals Summary
| 8473 fundamental statistics | |
|---|---|
| Market cap | JP¥1.83t |
| Earnings (TTM) | JP¥427.58b |
| Revenue (TTM) | JP¥1.90t |
4.3x
P/E Ratio1.0x
P/S RatioIs 8473 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 8473 income statement (TTM) | |
|---|---|
| Revenue | JP¥1.90t |
| Cost of Revenue | JP¥465.58b |
| Gross Profit | JP¥1.43t |
| Other Expenses | JP¥1.00t |
| Earnings | JP¥427.58b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 661.51 |
| Gross Margin | 75.45% |
| Net Profit Margin | 22.54% |
| Debt/Equity Ratio | 290.5% |
How did 8473 perform over the long term?
See historical performance and comparisonDividends
3.3%
Current Dividend Yield14%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/22 02:16 |
| End of Day Share Price | 2026/06/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SBI Holdings, Inc. is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Natsumu Tsujino | BofA Global Research |
| Koichi Niwa | Citigroup Inc |
| Hideyasu Ban | CLSA |