SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

Consolidated Financial Results (Japanese Accounting Standards)
for the Second Quarter of the Fiscal Year ending March 31, 2024
October 26, 2023
Company name SBI Global Asset Management Co., Ltd.
Stock exchange listing: Tokyo Stock Exchange
Stock code
4765
URL https://www.sbiglobalam.co.jp
Representative (Title) Representative Director and President(Name) Tomoya Asakura
Person responsible for disclosure (Title) Executive Officer and CFO (Name) Yasuyuki Ogasawara+81 3 6229-0812
Scheduled date for filing of quarterly report: Novembert 2, 2023
Scheduled date of payment of dividends: ―Supplementary documents for quarterly financial results: None
Quarterly financial results briefing: Yes (We will post a video of the briefing on our official website, targeting analysts
and institutional investors.)(Amounts of less than one million yen are rounded down)

1. Consolidated Financial Results for the Second Quarter of the Fiscal Year ending March 31, 2024
(April 1, 2023 to September 30, 2023)(1) Consolidated Results of Operations (cumulative)
Net sales
Second quarter of Fiscal
Year ending March 31,
2024
Second quarter of Fiscal
Year ended March 31,
2023(Note) Comprehensive income(Percentages show year-on-year changes)

Operating income

Million yen%

Million yen%

Million yen%

Million yen

%

4,989

22.3

1,127

10.3

1,363

10.5

858

18.3

4,080

3.6

1,022

2.9

1,234

4.9

725

0.3

Q2 of the Fiscal Year ending March 31, 2024 623 Million yen (ᶭͳ͸Ǥͷ%)
Q2 of the Fiscal Year ended March 31, 2023 746 Million yen (ᶭͶͺǤ͵%)Net income per share (basic)

Net income per share (diluted)

yen

Second quarter of Fiscal
Year ending March 31,
2024
Second quarter of Fiscal
Year ended March 31,
2023(2) Consolidated financial position
Total assets
Second quarter of Fiscal
Year ending March 31,
2024
Fiscal Year ended March
31, 2023

Net income attributableto owners of parent

Ordinary income

yen

9.58

―

8.10

―

Net assets

Equity ratio

Net assets per share

Million yen

Million yen%

yen

18,32916,09087.0

177.92

21,356

16,79977.2

183.79(Reference) Shareholders’ equity Q2 of the Fiscal Year ending March 31, 2024 15,954 Million yen
Fiscal Year ended March 31, 2023 16,481 Million yen

SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

2. Dividends
End of first quarterEnd of second
quarteryen

Fiscal Year ended March
31, 2023
Fiscal Year ending March
31, 2024
Fiscal Year ending March
31, 2025 (forecast)

Dividend
End of third
quarter

yen

―

8.25

―

8.50
―

Year-end
yen

―

―

―

Annual
yen

yen

12.75

21.00

―

(Note) Revision to the most recently announced dividend forecast: None

Forecast of the annual dividend for the year ending March 31, 2024, is yet to be determined.

3. Forecasts of Consolidated Financial Results for the Fiscal Year ending March 31, 2024 (April 1, 2023, to
March 31, 2024)
Consolidated Forecasts for the Fiscal Year Ending March 31, 2024, are yet to be determined.
(Note) Revision to the most recently announced earnings forecast: None
SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024



Table of contents of attachments
1. Qualitative Information on Quarterly Financial Results ........................................................................... 2(1) Explanation of Business Results .................................................................................................... 2(2) Explanation of Financial Position ................................................................................................... 3(3) Business and Financial Issues to Be Addressed on a Priority Basis .............................................. 4(4) Research and Development Activities............................................................................................ 4(5) Explanation about Future Forecast Information such as Consolidated Earnings Forecast ............ 4
2. Quarterly Consolidated Financial Statements and Major Notes ............................................................. 5(1) Quarterly Consolidated Balance Sheet .......................................................................................... 5(2) Quarterly Consolidated Statement of Income and Quarterly Consolidated Statement  of Comprehensive Income .............................................................................................................. 7
(Quarterly Consolidated Statement of Income) ........................................................................... 7
(Second quarter of the fiscal year) .......................................................................................... 7
(Quarterly Consolidated Statement of Comprehensive Income) ................................................. 7
(Second quarter of the fiscal year) .......................................................................................... 7(3) Quarterly consolidated statement of cash flows ............................................................................. 8(4) Notes on Quarterly Consolidated Financial Statements ................................................................. 9
3. Other investments and other assets ..................................................................................................... 13

SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

1. Qualitative Information on Quarterly Financial Results(1) Explanation of Business Results(1) Summary of consolidated financial results
During the first and second quarters of the current fiscal year (April 1, 2023 to September 30, 2023), inflation continued to riseand interest rates remained high, particularly in Europe and the United States, amid geopolitical instability worldwide. Among the
major economies, Japan maintained its unprecedented monetary easing and the Nikkei Stock Average temporarily reached a postbubble high, but global stocks and debentures markets decelerated towards the second half. Despite such circumstances, theCompany's consolidated financial results set new records in terms of sales and all profit items.
In the Asset Management Business, SBI Asset Management Co., Ltd., a major subsidiary, expanded its publicly offered index
fund products lineup, resulting in a 69% increase in investment balance compared with the end of the same period of the previous
year (end of September 2022). With the addition of the investment balance of Shinsei Investment Management Co., Ltd., which
was merged at the beginning of the current fiscal year, the overall investment balance of the entire Group exceeded 5 trillion yen,and management fees (trust fees) increased accordingly. As a result, net sales of the Asset Management Business amounted to
3,979 million yen, an increase of 31.8% from the same period of the previous fiscal year (from April 1, 2022 to September 30,2022).
In the Financial Services Business, there were steady increases in the number of units of Wealth Advisor for tablet devices usedby advisers of distributing financial institutions and in the number of financial institutions using investment-related tools online. In
addition, the number of asset management seminars held and online advertising, etc., recovered from the difficult situation under
the COVID-19 pandemic. However, due to a lack of projects for temporary development of investment-related tools for financial
institutions and a decrease in net sales of equity-related information, net sales in the Financial Services Business decreased 4.7%
year on year to 1,009 million yen.
As a result, net sales for the first and second quarters under review amounted to 4,989 million yen, an increase of 22.3% from
4,080 million yen for the same period of the previous fiscal year.
Moreover, cost of sales was 2,385 million yen, an increase of 30.9% from 1,821 million yen for the same period of the previous
fiscal year. Selling, general and administrative expenses were 1,476 million yen, an increase of 19.4% from 1,235 million yen forthe same period of the previous fiscal year.
As a result, for the first and second quarters of the current fiscal year, operating profit was 1,127 million yen, an increase of
10.3% from 1,022 million yen for the same period of the previous fiscal year, non-operating profit increased 23 million yen on a
net basis from the same period of the previous fiscal year, and ordinary profit was 1,363 million yen, an increase of 10.5% from
1,234 million yen for the same period of the previous fiscal year.
Based on the above-mentioned results, net income attributable to owners of parent for the first and second quarters of the fiscal
year was 858 million yen, an increase of 18.3% from 725 million yen for the same period of the previous fiscal year, andconsolidated net sales and all profit items marked a record high.
Summary of Financial Results
Second quarter of Fiscal Yearending March 31, 2023

Second quarter of Fiscal Yearending March 31, 2024

Amount(Thousand yen)Amount(Thousand yen)Sales4,080,237

Operating profit

1,022,580

Profit rate(%)

Profit rate(%)

4,989,126
25.1%

1,127,724

22.6%

Increase/Decrease
Amount(Thousand yen)

Rate (%)

908,88822.3%

105,144

10.3%

Ordinary profit
1,234,243
30.2%
1,363,383
27.3%
129,139
10.5%
Net income
attributable to725,94917.8%
858,68117.2%
132,73118.3%
owners of parent
Consolidated net sales increased for the 12th consecutive period as a second quarter and recorded the highest sales for the 7thconsecutive period.
Operating profit increased for the 4th consecutive period as a second quarter and recorded the highest income for the third
consecutive period.
Ordinary profit increased for the 14th consecutive period as a second quarter and recorded the highest income for the 12th
consecutive period.
Net profit attributable to owners of parent increased for the 14th consecutive period as a second quarter and recorded the highest
income for the 9th consecutive period.


SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024Net sales by segment and by service were as follows.
First and Second Quarter ofPrevious Fiscal YearNet sales by Segment

First and Second Quarter ofCurrent Fiscal Year(from April 1, 2022 to September (from April 1, 2022 to September
30, 2022)
30, 2023)

Rate ofchange(%)

Amount (Thousandyen)

Rate (%)

Amount (Thousandyen)

Rate (%)

Asset Management Business

3,020,514

74.0

3,979,691

79.8

31.8

Financial Services Business

1,059,723

26.0

1,009,434

20.2

ᶭ4.7

4,080,237

100.004,989,126

100.0

22.3

Consolidated net sales1) Asset Management Business
The balance of assets under management (including the balance of advisory assets) of three subsidiaries of the AssetManagement Business increased 12.4% to 5.1 trillion yen at the end of the quarter under review (September 30, 2023) from 4.5
trillion yen at the end of the same quarter of the previous fiscal year (September 30, 2022). Net sales of the Business for the second
quarter of the fiscal year under review increased by 31.8% to 3,979 million yen from 3,020 million yen for the same period of theprevious fiscal year, as management fees (trust fees) increased due to a rising investment balance.
 Segment profit was 833 million yen, an increase of 11.0% from 751 million yen for the same period of the previous fiscal year.
2) Financial Services Business
The number of Wealth Advisors used by financial institutions distributing investment trusts rose to 115,943 units, an increase of
842 units from 115,101 units at the end of the same quarter of the previous fiscal year, and data sales for tablet applications also
increased accordingly. In addition, although the number of financial institutions using investment-related tools online has
expanded, and the numbers of asset management seminars and IR support cases have also been on a recovery trend, net sales in thissegment for the first and second quarters of the fiscal year under review decreased 4.7% to 1,009 million yen from 1,059 million
yen in the same quarter of the previous year mainly due to a decrease in equity-related information.
Segment profit was 293 million yen, an increase of 8.4% from 271 million yen for the same period of the previous fiscal year.

(2) Explanation of Financial Position
1) Analysis of Financial Position
Total assets decreased by 3,026 million yen from the end of the previous consolidated fiscal year to 18,329 million yen.
This was due to a decrease of 7,235 million yen in current assets, and an increase of 4,213 million yen in non-current assets. The
decrease in current assets was mainly due to a decrease of 9,409 million yen in accounts receivable and a net increase of 1,695
million yen in cash and deposits. Accounts receivable decreased mainly due to a fall in the collection of receivables for return ofMorningstar licenses. The net increase in cash and deposits resulted from the aforementioned collection of accounts receivable,
payment of dividends, tax payments, and investment management. The increase in non-current assets was mainly due to anincrease of 4,231 million yen in investment securities. This was due to changes in net asset value, new purchases of stableperformance securities for 5,437 million yen, and a reversal of 200 million yen in specified comprehensive trust assets, including
the cancellation and redemption of 682 million yen in investment trusts.
Total liabilities decreased by 2,317 million yen from the end of the previous consolidated fiscal year to 2,239 million yen. Thiswas mainly due to a net decrease of 2,443 million yen in income taxes payable due to the final payment of taxes and the recordingof income taxes for the period under review.
Moreover, total net assets decreased by 709 million yen from the end of the previous consolidated fiscal year to 16,090 million
yen. This was mainly due to the recording of 858 million yen in net income attributable to owners of parent and the dividend
payout of 1,143 million yen resulting in a decrease of 284 million yen in retained earnings, and a decrease of 182 million yen in
non-controlling interests due to additional acquisition of subsidiary stocks from non-controlling shareholders.in the second quarterof the fiscal year under review.


SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

2) Cash FlowsThe balance of cash and cash equivalents at the end of the second quarter of the current consolidated fiscal year increased by
1,492 million yen from the end of the previous consolidated fiscal year to 3,977 million yen. The status of each cash flow is asfollows.
(Cash flows from operating activities)
Cash flows from operating activities increased by 6,007 million yen from the previous consolidated fiscal year to 7,535 million
yen (inflow).
This was mainly due to the recording of 1,363 million yen in income before income taxes, collection of 9,296 million yen inaccounts receivable, an increase of 399 million yen in trade receivable, and 2,523 million yen in income taxes paid.
(Cash flows from investing activities)
Cash flows from investing activities decreased by 1,551 million yen from the previous consolidated fiscal year to 4,702 million
yen (outflow).
This was mainly due to the acquisition of investment securities of 5,437 million yen and the sale of investment securities of 884
million yen.
(Cash flows from financing activities)
Cash flows from financing activities decreased by 508 million yen from the previous consolidated fiscal year to 1,358 million
yen (outflow).
This was mainly due to dividends paid of 1,143 million yen and additional acquisition of existing subsidiaries’ stocks of 189
million yen.

(3) Priority Business and Financial Issues to Be Addressed
There are no significant changes in the issues that the Group should address during the first and second quarters of the fiscal year
under review.

(4) Research and Development Activities
Not applicable(5) Explanation about Future Forecast Information such as Consolidated Earnings Forecast
Regarding the forecast for the current fiscal year, it is difficult to predict the trends over the course of the current fiscal year in thefinancial market closely related to our business, rendering it challenging to make a rational calculation of the business results at the
moment, so we have yet to decide the forecast at this time.


SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024



2. Quarterly Consolidated Financial Statementsand Major Notes(1)

Quarterly Consolidated Balance Sheet(Thousand yen)
Fiscal Year ended March
31, 2023(March 31, 2023)

ASSETS
Current assets
Cash and cash equivalents
Accounts receivable

2,137,894
1,483,903

Inventories

ͤ1Second Quarter ofCurrent Fiscal Year
(September 30, 2023)

3,833,221
2,247,003

1,386

ͤ1

1,368

Other accounts receivable
Other current assets

9,409,529
959,197

674,937

Total current assets

13,991,911

6,756,530

Non-current assets
Tangible fixed assets

ͤ2Intangible fixed assets
Goodwill
Software
Other intangible assets

1,676,585
863,429
39,775

1,707,525
842,729
87,764

Total intangible assets

2,579,790

2,638,019

Investments and other assets
Investment securities
Deferred tax assets
Other investment and other assets

3,871,154
416,769
142,375

8,102,944
338,023
127,315

Total investments and other assets

4,430,299

8,568,282

7,355,867

11,569,105

8,587

3,997

Total non-current assets
Deferred assets
Stock issuance cost
Total deferred assets
TOTAL ASSETS


345,777

ͤ2362,803

8,587

3,997

21,356,365

18,329,634


SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024(Thousand yen)
Fiscal Year ended March
31, 2023(March 31, 2023)

Second Quarter of Current
Fiscal Year
(September 30, 2023)

LIABILITIESCurrent liabilities
Accounts payable-trade
Accounts payable–other
Lease payable
Income taxes payable
Consumption taxes payable
Other current liabilities

62,753
1,010,877
50,646
2,709,257
12,179508,107

15,926
1,122,204
57,725
265,635
65,828519,783

Total current liabilities

4,353,822

2,047,103

202,641

192,056

Non-current liabilities
Lease payable

202,641

192,056

TOTAL LIABILITIES

Total non-current liabilities

4,556,464

2,239,159

NET ASSETS
Shareholders’ equity
Common stock
Capital surplus
Retained earnings
Treasury stocks

3,363,635
4,514,168
8,335,546
ᶭ20

3,363,635
4,528,571
8,050,891
ᶭ20

16,213,329

15,943,076

13,440254,273

ᶭ409,743
421,217

267,713

11,473

318,858

135,924

16,799,901

16,090,474

21,356,365

18,329,634

Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on other securities
Foreign currency translation adjustments
Total accumulated other comprehensive
incomeNon-controlling shareholders’ equity
TOTAL NET ASSETSTOTAL LIABILITIES AND NET ASSETS
SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

(2)
Quarterly Consolidated Statement of Income and Quarterly Consolidated Statement of Comprehensive Income
Quarterly Consolidated Statement of Income
Second quarter of the fiscal year
(Thousand yen)
Second Quarter of Previous
Fiscal Year
(From April 1, 2022 toSeptember 30,2022) 

Second Quarter of Current
Fiscal Year
(From April 1, 2023 to
September 30, 2023)

4,080,237
1,821,803
2,258,433

4,989,126
2,385,394
2,603,732

Net sales
Cost of sales
Gross profit
Selling, general and administrative expensesͤOperating income
Non-operating income
Interest income
Dividends income
Gain on sale of investment securities
Other non-operating income
Total non-operating income
Non-operating expenses
Foreign exchange losses
Amortization of stock issuance cost
Other non-operating expenses
Total non-operating expenses
Ordinary income
Extraordinary loss
Loss on valuation of crypto assets
Loss on Loss on sale of investment securities
Total extraordinary loss
Income before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Profit
Net income attributable to non-controlling interests
Net income attributable to owners of parent

1,235,853

ͤ

1,476,007

1,022,580

1,127,724

87,064
114,169
15,5201,589
218,344

8,115
100,078
1,31,942
1,574
241,710

252
5,208
1,220
6,680
1,234,243

49
5,331
670
6,052
1,363,383

4,848
974
5,822
1,228,421
354,887
61,486416,374
812,047
86,097725,949

1,363,383
217,460
264,522481,983
881,400
22,718858,681

Second Quarter of Previous
Fiscal Year
(From April 1, 2022 To
 September 30, 2022)

Second Quarter of Current
Fiscal Year
(From April 1, 2023 To
September 30, 2023)

812,047

881,400

ᶭ329,788
264,564ᶭ424,973
166,944

ᶭ65,224

ᶭ258,029

746,822623,370

666,295

602,441

80,527

20,929Quarterly Consolidated Statement of Comprehensive Income
Second quarter of the fiscal year
(Thousand yen)

ProfitOther comprehensive income
Valuation difference on other securities
Foreign currency translation adjustments
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners ofparentComprehensive income attributable to noncontrolling interests
SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

(3)

Quarterly consolidated statement of cash flows(Thousand yen)
Second Quarter of Previous
Fiscal Year
(From April 1, 2022 toSeptember 30, 2022)

Second Quarter of Current
Fiscal Year
(From April 1, 2023 to
September 30, 2023)

1,228,421
227,454
2,455
58,8725,208
ᶭ201,234
ᶭ14,546
ᶭ632
ᶭ128,231
ᶭ211
ᶭ5,932
63,104
122,940
2,668
1,360,336
58,811
ᶭ535,401
644,803
1,528,549

1,363,383
155,320
51,6455,331
ᶭ108,193
ᶭ131,942
ᶭ562
ᶭ399,414
18
ᶭ46,826
139,372
9,132,147
ᶭ125,586
1,0,034,693
3,691
ᶭ2,523,959
21,222
7,535,647

ᶭ1,637
ᶭ137,668
8,027
ᶭ3,000,000

ᶭ9,958
ᶭ136,081
884,947
ᶭ5,437,007--

ᶭ19,779
ᶭ3,151,058

61,725
ᶭ66,918
ᶭ4,702,893

ᶭ807,060

ᶭ1,143,336

ᶭ9,000
ᶭ33,865
ᶭ849,925

ᶭ189,460
ᶭ25,399
ᶭ1,358,197

ᶭ75,010

17,816

ᶭ2,547,445
5,176,908
ͤ2,629,463

1,492,373
2,485,551
ͤ 3,977,925

Cash flows from operating activities
Income before income taxes
Depreciation and amortization expenses
Amortization of long-term prepaid expenses
Amortization of goodwill
Amortization of stock issuance cost
Interest and dividend income
Loss (gain) on sale of investment securities
Foreign exchange losses (gains)
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Increase (decrease) in accounts payable - other
Decrease (increase) in other current assets
Increase (decrease) in other current liabilities
Sub totalInterest and dividend income received
Income taxes paid
Income tax refund amount
Cash flows from operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Purchase of intangible assets
Proceeds from sales of investment securities
Purchase of investment securities
Proceeds from sale of shares of subsidiaries andassociates
Proceeds from refund of leasehold andguarantee deposits
Payments of leasehold and guarantee deposits
Cash flows from investing activities
Cash flows from financing activities
Cash dividends paid
Expenditure on acquisition of subsidiary shares
without change in scope of consolidation
Repayments of lease obligations
Cash flows from financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

(4) Notes on Quarterly Consolidated Financial Statements(Notes on the premise of a going concern)
Not applicable(Change in the scope of consolidation or the scope of application of the equity method)
Change in scope of consolidation
Shinsei Investment Management Co., Ltd., which was a consolidated subsidiary of the Company, is excluded from the scopeof consolidation as it ceased its operation on April 1, 2023 as a result of an absorption-type merger in which SBI AssetManagement Co., Ltd., a consolidated subsidiary of the Company, was the surviving company.
(Notes on the changes in accounting policies)
Not applicable(Application of special accounting treatment for preparing quarterly consolidated financial statements)
Not applicable(Changes in accounting estimates)
Not applicable(Notes on quarterly consolidated balance sheet)*1
Breakdown of inventories
(Thousand yen)Previous Fiscal Year(As of March 31, 2023)
StocksWork in process

*2

1,386
̺

Second Quarter of Current
Fiscal Year(As of September 30, 2023)
968
400

Accumulated depreciation of tangible fixed assets(Thousand yen)Previous Fiscal Year(As of March 31, 2023)

Accumulated depreciation

287,655

Second Quarter of Current
Fiscal Year(As of September 30, 2023)
320,419(Notes on quarterly consolidated statement of income)*
Major items of selling, general and administrative expenses(Thousand yen)

Employee’s salaries

Second Quarter ofPrevious Fiscal Year
(From April 1, 2022 toSeptember 30, 2022)
507,309


Second Quarter of Current
Fiscal Year
(From April 1, 2023 to
September 30, 2023)
612,190


SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

(Notes on quarterly consolidated cash flows)*
Relationship between the quarterly balance of cash and cash equivalents at the end of the period and the amount of
items posted on the quarterly consolidated balance sheet(Thousand yen)
Second Quarter ofPrevious Fiscal Year
(From April 1, 2022 toSeptember 30, 2022)

Cash and cash equivalents
Deposit to securities company
account (of other current assets)
Cash and cash equivalents at endof period

Second Quarter of Current
Fiscal Year
(From April 1, 2023 to
September 30, 2023)

2,612,939

3,833,221

16,523

144,704

2,629,463

3,977,925

(Notes on shareholders’ equity)
I Second quarter of the previous fiscal year (from April 1, 2022 to September 30, 2022)(1)

Dividends paid
Resolution

May 19, 2022
Board of Directors(2)

September 22,
2022
Board of Directors
II

Commonstock

Retainedearnings

Total dividends(Thousand yen)
807,060

Date of rightallotment

9.00 March 31, 2022

Effective dateJune 1, 2022

Kind ofshares

Source ofdividends

Commonstock

Retainedearnings

Total dividends(Thousand yen)

Dividend pershare (yen)Date of rightallotment

Proposedeffective date

739,805

8.25

September 30,
2022

December 1,
2022

Dividends paid

May 19, 2023
Board of Directors

Kind ofshares

Source ofdividends

Commonstock

Retainedearnings

Total dividends(Thousand yen)
1,143,338

Dividend pershare (yen)Date of rightallotment

12.75 March 31, 2023

Effective dateJune 1, 2023

Dividends whose effective date falls after the last day of the second quarter of the current fiscal year, among those
whose record date falls in the said second quarter
Resolution

September 22,
2023
Board of Directors

Kind ofshares

Source ofdividends

Commonstock

Retainedearnings

Total dividends(Thousand yen)

Dividend pershare (yen)Date of rightallotment

Proposedeffective date

762,224

8.50

September 30,
2023

December 1,
2023(Notes on significant change in shareholders’ equity)
Not applicable


Dividend pershare (yen)Second quarter of the current fiscal year (from April 1, 2023 to September 30, 2023)

Resolution(2)

Source ofdividends

Dividends whose effective date falls after the last day of the second quarter of the current fiscal year, among those
whose record date falls in the said second quarter
Resolution(1)

Kind ofshares
SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

(Segment information etc.)
Segment information
1.

Information on sales and income or loss for each reporting segment
Second quarter of the previous fiscal year (from April 1, 2022 to September 30, 2022)(Thousand yen)
Reporting segment
Asset
Management
Business

Financial
Services
Business

Matters
concerning
difference
adjustment

Total

Amountrecorded on
consolidated
financialstatements

Net sales
Sales to external customers

3,020,514

1,059,723

4,080,237

80

11,82911,910

ᶭ11,9103,020,595

1,071,552

4,092,148

ᶭ11,910

751,404

271,175

1,022,580

Internal sales or transfers between
segments
Total
Segment operating income

4,080,237

4,080,237
1,022,580

Second quarter of the current fiscal year (from April 1, 2023 to September 30, 2023)(Thousand yen)
Reporting segment
Asset
Management
Business

Financial
Services
Business

Matters
concerning
difference
adjustment

Total

Amountrecorded on
consolidated
financialstatements

Net sales
Sales to external customers

3,979,691

1,009,434

4,989,126

356

2,298

2,654

ᶭ2,6543,980,048

1,011,732

4,991,780

ᶭ2,654

833,885

293,839

1,127,724

Internal sales or transfers between
segments
Total
Segment operating income

2.

4,989,126

4,989,126
1,127,724

Difference between the total of reporting segments and the quarterly consolidated statement of income and themain content of the difference (matters concerning difference adjustment)(Thousand yen)
Net sales

Second Quarter ofPrevious Fiscal Year

Second Quarter of Current
Fiscal Year

Total of reporting segment

4,092,148

4,991,780

Elimination of transactions between segments

ᶭ11,910

ᶭ2,654

Net sales in the quarterly consolidated statement ofincome4,080,237

4,989,126(Thousand yen)Segment operating income

Second Quarter ofPrevious Fiscal Year

Total of reporting segment

1,022,580

1,127,724

Elimination of transactions between segments--

Operating income in the quarterly consolidated
statement of income

1,022,580

1,127,724


Second Quarter of Current
Fiscal Year
SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024



3. Information on impairment loss on non-current assets or on goodwill of each reporting segment(Significant impairment loss on non-current assets)
Not applicable(Significant changes in the amount of goodwill)
Not applicable(Information on significant gain on bargain purchase)
Not applicable(Revenue recognition)
Disaggregation of revenue from contracts with customers
Second quarter of the previous fiscal year (from April 2, 2023 to September 30, 2023)(Thousand yen)
Reporting segment
Asset
Financial
Management
Services
Business
BusinessAmount recordedon consolidatedbalance sheet

Other

Total

Data Solutions-

903,754903,754-903,754Media Solutions-

155,968

155,968-

155,968

Asset Management

3,020,514-

3,020,514-

3,020,514

Revenue from contracts
with customers

3,020,514

1,059,723

4,080,237-

4,080,237

-

-

-

-

-

3,020,514

1,059,723

4,080,237-

4,080,237

Other revenue
Sales to externalcustomers

First quarter of the current fiscal year (from April 1, 2023 to June 30, 2023)(Thousand yen)
Reporting segment
Asset
Financial
Management
Services
Business
Business-

815,573815,573-815,573

Media Solutions-

193,860

193,860-

193,860

Asset Management

3,979,691-

3,979,691-

3,979,691

Revenue from contracts
with customers

3,979,691

1,009,434

4,989,126-

4,989,126

-

-

-

-

-

3,979,691

1,009,434

4,989,126-

4,989,126

Sales to externalcustomers


Amount recordedon consolidatedbalance sheet

Data Solutions

Other revenue



Total

Other nonoperating
expenses
SBI Global Asset Management Co., Ltd. (4765) Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2024

(Information on a per-share basis)
The amount of net income per share and the basis for calculation are as follows.
Second Quarter of Previous
Fiscal Year

Second Quarter of Current
Fiscal Year

(From April 1, 2022 toSeptember 30, 2022)(From April 1, 2023 to
September 30, 202)

(1) Net income per share

8.10 yen

9.58yen725,949858,681ʷ

ʷ

Net income attributable to owners of parent
related to common stock (Thousand yen)

725,949858,681

Average number of shares of common stockduring the period (Share)

89,673,430

89,673,480(Basis for calculation)
Net income attributable to owners of parent(Thousand yen)Amount not attributable to commonshareholders (Thousand yen)

Diluted net income per share is not stated as there are no dilutive shares.

(Significant subsequent events)
Not applicable

3. Other investments and other assets

At the meeting of the Board of Directors held on September 22, 2023, the Company resolved to pay an interim dividend for the
fiscal year under review, as detailed below.
(a) Total dividends ··································································· 762,224 thousand yen(b) Amount per share ································································· 8.50 yen(c) Proposed effective date of payment request and scheduled
commencement date of payment ··············································· December 1, 2023
(Note) Payments will be made to shareholders listed or recorded on the shareholder list as of September 30, 2023.

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