SBI : Notice Regarding the Disclosure Schedule for the Consolidated Financial Results for the Fiscal Year Ended March 31, 2022
April 20, 2022 at 12:55 am EDT
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April 20, 2022
SBI Holdings, Inc.
(TOKYO: 8473)
Notice Regarding the Disclosure Schedule for the Consolidated Financial Results for the Fiscal Year Ended March 31, 2022
SBI Holdings, Inc. (hereinafter "the Company") hereby announces that it has decided to disclose, on the following schedule, its consolidated financial results for the fiscal year ended March 31, 2022 (IFRS).
1.
Scheduled disclosure date for the Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (IFRS)
May 27, 2022
2. The Reason for disclosure on the aforementioned schedule
The Company had made Shinsei Bank, Limited (hereinafter "Shinsei Bank") a consolidated subsidiary on December 17, 2021. Due to the consolidation of Shinsei Bank, the consolidated balance sheet as of the end of the fiscal year ended March 31, 2022, and the consolidated statements of income for the period from January to March 2022 of Shinsei Bank (Shinsei Bank's consolidated financial statements for the fiscal year ended March 31, 2022, to be disclosed on May 13, 2022), which are based on Japanese GAAP, must be made to comply with the International Financial Reporting Standards (IFRS) adopted by the Company. The Company must accordingly prepare its consolidated financial statements by integrating the two companies' financial statements, which is a task that is expected to take considerable time. Therefore, the Company has decided to set May 27, 2022, as the scheduled disclosure date for the financial results for the fiscal year ended March 31, 2022.
***************************************************************************************** For further information, please contact:
SBI Holdings, Inc. Corporate Communications Dept., Tel: +81 3 6229-0126
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SBI Holdings Inc. published this content on 20 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2022 04:54:05 UTC.
SBI Holdings Inc is a Japan-based company mainly engaged in the financial business. The Company operates five business segments. The Financial Services segment engages in various finance related businesses, centered on securities related, banking, and insurance businesses in Japan and overseas. The Asset Management segment is engaged in investment management, including the establishment, offering, and management of investment trusts, investment advisory services, and provision of financial products information. The Investment segment includes investment in domestic and overseas information technology (IT), fintech, blockchain, financial, and biotechnology related venture companies. The Crypto-asset segment provides crypto-asset exchange and trading services. The Non-financial segment is engaged in various businesses such as bio-healthcare & medical informatics business, Web3 related business, renewable energy business, and businesses developing in new overseas markets such as Africa.