SBHGF - SBI Holdings Inc. (SBHGF) Q4 2024 Earnings Call Transcript
2024-05-12 05:07:02 ET
SBI Holdings, Inc. (SBHGF)
Q4 2024 Earnings Conference Call
May 09, 2024 10:30 PM ET
Company Participants
Yoshitaka Kitao - Chairman of the Board, President & Chief Executive Officer
Conference Call Participants
Presentation
Yoshitaka Kitao
Despite your tight schedule. Thank you very much for this big turnout on the website, about 90 people are participating online what it is going to be a long meeting, two hours or so, so please give -- please do not give up on us and stay with us to the end.
Now, FY 2023 results announcement as to numbers already announced. So, I'm not going into details. The revenue at ¥1.2 trillion. So, it exceeded the ¥1 trillion mark. This is the, I think, a very first time as full year and up 26.5%, pretax income, ¥141 billion, up 38.6%. The net profit, ¥113.616 billion, up 58.5% and the profit attributable to owners of the company, ¥87.243 billion, up 146.1%.
ROE went down when we acquired Shinsei Bank, but now ROE is recovering, and we are targeting at 10% and it's just a question of time that we will reach that level. But this is the comparison with the major competitors, and please look at them later. This is by segment.
So, for each segment, for all the other segments, revenue hit a record high as to dividend. As we said before, ¥160 full year basis, including the 25th anniversary on July 8th. And for that, we have ¥10 and including that full year basis is ¥160 or the total payout ratio of 50.6%.
So, basically, dividend payout and the share buyback, that combination is the total shareholder return ratio. And for the time being, we are going to set around 30%, excluding the special factors such as sales gains of selling the subsidiary in the Financial Services business.
For this time, dividend payout, 29% -- around 29% or around 30%, an appropriate level, I would say. And the shareholders' benefits, there are no major changes here. Our products and crypto asset XRP, these are the choices that we can make.
And as to the shareholders' composition, we have a very high foreign investors, the ratio. And after the COVID in Nagoya and Osaka, we had information meetings in those locations to increase retail investors, retail shareholders. And 26.0%, that is individuals and 33.9% that is the overseas foreign and the domestic financial institutions, 23.1% and 10.3% for domestic business corporations. So it is very well balanced out.
And more than 240,000 shareholders and as to the shareholders who hold one unit or more is 172,761.
Business overview of each core business. Starting with Financial Services business. It is going very well. I myself in the context of revolution, the other securities business, what will happen to them and what will happen to the financial services, the business, and that is -- the most interesting part for myself. And the result is as we have expected. So for the securities business, Securities business is just fine. Securities can continue as they are doing....
SBI Holdings, Inc. (SBHGF) Q4 2024 Earnings Call Transcript