INFORMATIONFor Immediate Release
Company Name: SBI Shinsei Bank, Limited
Name of Representative: Katsuya Kawashima
President and CEO(Code: 8303, TSE Standard Market)

Upward Revision of FY2022 Full-Year Earnings Forecast
Tokyo (Friday, April 28, 2023) --- SBI Shinsei Bank, Limited (hereinafter, “SBI Shinsei Bank”) announced a
upward revision of the FY2022 full-year earnings forecast reflecting the recent financial performance trends
in comparison with the previous forecast, which was released at the time of the FY2021 full-year results
announcement on May 13, 2022.

1.

Revisions of the financial performance forecast for FY2022
Revision of the consolidated forecast for FY2022 (April 1, 2022 to March 31, 2023)
Profit attributable to
Basic EPS
owners of the parent
Millions of yen
Yen
Previous forecast (A)35,000171.43
Revised forecast (B)42,000205.69Difference (B-A)+7,000+34.26
Difference (%)
+20.0
+20.0
(Reference) Consolidated results for the20,385
96.78
fiscal year ended March 31, 2022
Revision of the non-consolidated forecast for FY2022 (April 1, 2022 to March 31, 2023)
Ordinary business profit
Net income
Millions of yen
Millions of yen
Previous forecast (A)40,00036,000
Revised forecast (B)45,00048,000Difference (B-A)+5,000+12,000
Difference (%)+12.5+33.3(Reference) Non-consolidated results for
42,23530,387the fiscal year ended March 31, 2022

2.

Reasons for Revision of Earnings Forecast
The consolidated and non-consolidated earnings forecasts for FY2022 are revised upward,
respectively, as shown in the table above, as SBI Shinsei Bank foresees its full-year results to behigher than the previous earnings forecasts for FY2022 released on May 13, 2022, due to the following
factors: financial performance forecasts of its subsidiaries; increase in its corporate business’ revenue
associated with aggressive accumulation of loan assets ; booking of large reversal of allowance for
doubtful receivables and bad debt recovered from collection and redemption of credited loans
pertaining to its corporate business.

3.

Scheduled date of financial results announcement
Friday, May 12, 2023

NOTE) The above forecasts are based on information available as of the date of publication of this release.
Actual results may differ from the above forecasts.
End******SBI Shinsei Bank is a leading diversified Japanese financial institution providing a wide range of financial products andservices to both institutional and individual customers. The Bank has a network of outlets throughout Japan and is committed
in its pursuit of uncompromising levels of integrity and transparency in all of its activities in order to earn the trust of its
stakeholders, including customers, employees and shareholders. The Bank is committed to delivering long-term profit growthand sustainably increasing its corporate value for all its stakeholders. News and other information about SBI Shinsei Bank
are available at https://corp.sbishinseibank.co.jp/en/.
For further information, please contact:
Group Investor Relations & Corporate Communications Division
SBI Shinsei Bank, Limited (www.sbishinseibank.co.jp/english/)
SBIShinsei PR@sbishinseibank.co.jp (Inquiry form for the media)
SBIShinsei IR@sbishinseibank.co.jp (Inquiry form for investor and shareholder relations)