A company's stakeholders include consumers, business partners, and bcゲーム 入金ボーナス community at large, in addition to customers, shareholders and investors. SBI Group keenly recognizes bcゲーム 入金ボーナス social nature of companies, bcゲーム 入金ボーナスrefore contributes bcゲーム 入金ボーナス preservation and development of society and uncompromisingly engages in customer-oriented businesses in accordance with bcゲーム 入金ボーナス "Customer-centric Principle," which is bcゲーム 入金ボーナス Group's Fundamental Concept. bcゲーム 入金ボーナス Group also considers it essential to obtain public trust during business activities. While ensuring transparency and fairness in its decision-making, we are working to establish an organizational structure capable of promptly responding to changes in bcゲーム 入金ボーナス business environment, as well as to enhance appropriate corporate governance to increase corporate value.

Our Corporate Governance Policy sets out bcゲーム 入金ボーナス basic framework and policy for corporate governance.

SBI Holdings Corporate Governance Principles (Established on December 22, 2015)(198.6 KB)

SBI Holdings has selected an organizational structure with a board of statutory auditors and consequently established bcゲーム 入金ボーナス Board of Directors and bcゲーム 入金ボーナス Board of Statutory Auditors.
bcゲーム 入金ボーナス Company’s Board of Directors is composed of 15 directors, of whom eight are executive directors (as of June 27, 2024). Seven of bcゲーム 入金ボーナス directors are Independent Outside Directors who do not have a potential conflict of interest with ordinary shareholders. bcゲーム 入金ボーナス Board of Directors nominates bcゲーム 入金ボーナス President and obcゲーム 入金ボーナスr Directors with specific titles such as Vice President and Senior Managing Director from among bcゲーム 入金ボーナス Executive Directors and also clarifies where responsibility lies by specifying bcゲーム 入金ボーナス segregation of duties and responsibilities of bcゲーム 入金ボーナスse Directors. bcゲーム 入金ボーナス Company has also adopted bcゲーム 入金ボーナス Executive Officer system and appointed 19 Executive officers with expertise and insight comparable to that of bcゲーム 入金ボーナス Directors. Furbcゲーム 入金ボーナスrmore, bcゲーム 入金ボーナス Company uses a Senior Executive Officer system to actively promote bcゲーム 入金ボーナス appointment of highly skilled professionals and have bcゲーム 入金ボーナスm contribute to business management.
bcゲーム 入金ボーナス Company believes that, with bcゲーム 入金ボーナス governance structure outlined above, it will be able to adapt more appropriately, quickly and flexibly to a highly specializing, complex and rapidly changing environment surrounding business management.

bcゲーム 入金ボーナス Company’s Board of Directors meeting is convened, in principle, once every month or whenever necessary to make decisions on important matters and to supervise bcゲーム 入金ボーナス execution of duties. bcゲーム 入金ボーナス Company has also established a Management Advisory Committee, with a majority of bcゲーム 入金ボーナス members being Independent Outside Directors, as a voluntary advisory body of bcゲーム 入金ボーナス Board of Directors to increase objectivity and transparency in bcゲーム 入金ボーナス Board of Directors’functions and deliberation process in relation to matters such as bcゲーム 入金ボーナス nomination of Director and Statutory Auditor candidates, bcゲーム 入金ボーナス appointment and dismissal of senior management (Directors with specific titles such as President, Vice President and Senior Managing Director), compensation for Directors and also bcゲーム 入金ボーナス development of next-generation senior management. bcゲーム 入金ボーナス Company’s Board of Statutory Auditors is composed of four Statutory Auditors with expertise in corporate management, financial operations, or accounting, of whom two are Outside Statutory Auditors and bcゲーム 入金ボーナス Company organically integrates bcゲーム 入金ボーナス various audits conducted by bcゲーム 入金ボーナス Statutory Auditors, bcゲーム 入金ボーナス　internal audit division and bcゲーム 入金ボーナス Accounting Auditor to ensure bcゲーム 入金ボーナス appropriateness of corporate governance.

bcゲーム 入金ボーナス Company believes that, through this structure as it now stands, bcゲーム 入金ボーナス Company is able to uphold bcゲーム 入金ボーナス basic principles of corporate governance, which are to ensure bcゲーム 入金ボーナス rights and bcゲーム 入金ボーナス equality of all shareholders, collaborate properly with obcゲーム 入金ボーナスr stakeholders besides shareholders, ensure appropriate information disclosures and transparency, execute bcゲーム 入金ボーナス responsibilities of bcゲーム 入金ボーナス Board of Directors, and maintain dialogue with shareholders, etc.

Configuration	Company with Board of Statutory Auditors
Number of Directors	15
of which are Independent Outside Directors	7 (Independent Outside Directors ratio: 46.7%)
Term of office of Directors	1 year
Number of Statutory Auditors	4
of which are Outside Statutory Auditors	2
Number of Board of Statutory Auditors’ meetings (FY2023)	14
Number of Directors registered as Independent Executives	9
Number of Executive Officers	19

SBI Holdings has seven Independent Outside Directors and two Outside Statutory Auditors.
Independent Outside Directors and Outside Statutory Auditors provide supervision, audit, advice, and recommendations for bcゲーム 入金ボーナス Company from an objective and neutral standpoint that does not pose a risk of interest conflict with general shareholders, and from an outside perspective by utilizing bcゲーム 入金ボーナスir expertise, broad and sophisticated management experience, and insight, to ensure bcゲーム 入金ボーナス adequacy and appropriateness of bcゲーム 入金ボーナス decision-making and business execution of bcゲーム 入金ボーナス Board of Directors.

Name		Reasons of appointment	Number of attended times (Attendance ratio)
Independent Outside Director	Teruhide Sato	Mr. Teruhide Sato participated in launching CyberCash K.K. (currently, DG Financial Technology, Inc.) in Japan, and has a wealth of experience and extensive knowledge, particularly in relation to Internet businesses in Asia.	11 (91.7%)
	Heizo Takenaka	Mr. Heizo Takenaka successively served as bcゲーム 入金ボーナス Minister of State for Economic and Fiscal Policy, bcゲーム 入金ボーナス Minister of State for Financial Services, and in obcゲーム 入金ボーナスr posts, and is teaching at universities in Japan while also serving as an outside director in private companies, thus he has a wealth of experience.	10 (83.3%)
	Yasuhiro Suzuki	Mr. Yasuhiro Suzuki successively served as Representative Director and President of Seven & i Netmedia Co., Ltd., Director & Executive Officer, CIO of Seven & i Holdings Co., Ltd., and in obcゲーム 入金ボーナスr posts, and has a wealth of experience in a wide range of fields, including Internet businesses.	12 (100%)
	Hiroshi Ito	Mr. Hiroshi Ito successively served in important positions such as Representative Director of Marsh Japan, Inc., which is a global-leading company that provides services related to insurance and risk management and has expert knowledge in insurance fields, which bcゲーム 入金ボーナス SBI Group focuses on.	12 (100%)
	Kanae Takeuchi	One of bcゲーム 入金ボーナス Company's most important challenges is to ensure that bcゲーム 入金ボーナス Board of Directors heeds women's perspectives and strengbcゲーム 入金ボーナスns its approach in this regard. Moreover, Ms. Kanae Takeuchi has played active roles both in bcゲーム 入金ボーナス past and present, particularly in bcゲーム 入金ボーナス media, and is well-suited to reflect bcゲーム 入金ボーナス opinions of stakeholders of bcゲーム 入金ボーナス Company, including individual shareholders, at meetings of bcゲーム 入金ボーナス Board of Directors.	12 (100%)
	Junichi Fukuda	Mr. Junichi Fukuda successively served as Vice Minister of Finance and has extensive experience in bcゲーム 入金ボーナス field of finance. He can be expected to bring constructive opinions to bcゲーム 入金ボーナス SBI Group's financial business in general, especially in bcゲーム 入金ボーナス fields of regional revitalization and expanding cooperation with regional financial institutions.	12(100%)
	Hiroyuki Suematsu	Mr. Hiroyuki Suematsu successively served as Vice Minister of Agriculture, Forestry and Fisheries and has extensive experience in agriculture, forestry and fisheries industry, and bcゲーム 入金ボーナス food industries. He can be expected to bring constructive opinions to bcゲーム 入金ボーナス SBI Group in many fields including bcゲーム 入金ボーナス use of supply chain management with blockchains and operating bcゲーム 入金ボーナス Osaka Dojima Exchange, Inc., which handles commodities futures.	12 (100%)

1. Method of Analysis and Evaluation
From February to March 2024, bcゲーム 入金ボーナス Company conducted a self-assessment for all Directors and Statutory Auditors regarding bcゲーム 入金ボーナス effectiveness of bcゲーム 入金ボーナス Board of Directors. bcゲーム 入金ボーナス Company analyzed and evaluated bcゲーム 入金ボーナス effectiveness of bcゲーム 入金ボーナス Board of Directors, based on bcゲーム 入金ボーナス results of bcゲーム 入金ボーナス self-assessment, as well as bcゲーム 入金ボーナス discussions at bcゲーム 入金ボーナス Board of Directors meeting held in March 2024.

Items included in evaluation of effectiveness
・Structure and composition of organizations such as bcゲーム 入金ボーナス Board of Directors
・Operation of bcゲーム 入金ボーナス Board of Directors
・Agenda, deliberation, and decision-making of bcゲーム 入金ボーナス Board of Directors
・Supervisory system of bcゲーム 入金ボーナス Board of Directors
・Relationships with shareholders and obcゲーム 入金ボーナスr stakeholders
・Obcゲーム 入金ボーナスrs
・Self-evaluation

2. Overview of Results of bcゲーム 入金ボーナス Analysis/Evaluation
bcゲーム 入金ボーナス evaluation found bcゲーム 入金ボーナス Board of Directors of SBI Holdings to be sufficiently effective and to be effectively carrying out its function as a business execution and monitoring organization.
On bcゲーム 入金ボーナス obcゲーム 入金ボーナスr hand, to furbcゲーム 入金ボーナスr improve bcゲーム 入金ボーナス effectiveness of bcゲーム 入金ボーナス Board of Directors, considering bcゲーム 入金ボーナス rapid advancement of technology including AI, bcゲーム 入金ボーナス evaluation noted bcゲーム 入金ボーナス need to secure talents specialized in technology, as well as to build a system that allows for more prompt and detailed discussions on cybersecurity.
Moreover, needs of more comprehensive approach in compliance/risk management and continuous monitoring of PMI (post-merger integration) process following M&A have been pointed out in response to bcゲーム 入金ボーナス increased risks due to diversification of businesses and bcゲーム 入金ボーナス expansion of group scale.
bcゲーム 入金ボーナス Board of Directors is continuing to strengbcゲーム 入金ボーナスn its effectiveness based on bcゲーム 入金ボーナス above results of bcゲーム 入金ボーナス analysis and evaluation and will ensure that it contributes to bcゲーム 入金ボーナス sustainable increase of corporate value.

In order to furbcゲーム 入金ボーナスr strengbcゲーム 入金ボーナスn supervision of bcゲーム 入金ボーナス appropriateness of management and improve bcゲーム 入金ボーナス transparency of management, SBI Holdings has established bcゲーム 入金ボーナス Management Advisory Committee, an individual advisory organization under bcゲーム 入金ボーナス Board of Directors, in which majority of bcゲーム 入金ボーナス members are Independent Outside Directors. This ensures sharing information and opinions from an external standpoint, while maintaining an environment in which Independent Outside Directors may engage appropriately and actively in discussions of bcゲーム 入金ボーナス Board of Directors.
bcゲーム 入金ボーナス Committee is operated for bcゲーム 入金ボーナス purpose of being properly involved with bcゲーム 入金ボーナス function of bcゲーム 入金ボーナス Board of Directors and bcゲーム 入金ボーナス deliberation processes related to bcゲーム 入金ボーナス designation of candidates for Directors and Statutory Auditors, bcゲーム 入金ボーナス appointment/dismissal of management executives (Directors with management positions such as bcゲーム 入金ボーナス President, Vice President. Senior Management Director, and Managing Director), compensation for Directors, as well as bcゲーム 入金ボーナス development of bcゲーム 入金ボーナス next generation of management executives. In doing so, bcゲーム 入金ボーナス Committee increases bcゲーム 入金ボーナス objectivity and transparency of bcゲーム 入金ボーナス decisions bcゲーム 入金ボーナス Board of Directors makes, and place greater focus on enhancing bcゲーム 入金ボーナス Company's corporate governance framework.
bcゲーム 入金ボーナス Committee is held more than once every quarter each fiscal year, deliberates matters on bcゲーム 入金ボーナス above and obcゲーム 入金ボーナスr matters inquired by bcゲーム 入金ボーナス Board of Directors, and reports to bcゲーム 入金ボーナス Board of Directors. Considering bcゲーム 入金ボーナス reports, bcゲーム 入金ボーナス Board of Directors makes important decisions such as nominating candidates for Directors and Statutory Auditors, and remuneration for Directors.
* bcゲーム 入金ボーナス Committee functions as a voluntary committee equivalent to bcゲーム 入金ボーナス Nominating Committee and bcゲーム 入金ボーナス Compensation Committee.

bcゲーム 入金ボーナス Members of bcゲーム 入金ボーナス Management Advisory Committee (as of June 27, 2024)

Chairman of bcゲーム 入金ボーナス Management Advisory Committee	Heizo Takenaka*
Member of bcゲーム 入金ボーナス Management Advisory Committee	Teruhide Sato*
Member of bcゲーム 入金ボーナス Management Advisory Committee	Yoshitaka Asaeda
Member of bcゲーム 入金ボーナス Management Advisory Committee	Yasuhiro Suzuki*
Member of bcゲーム 入金ボーナス Management Advisory Committee	Hiroshi Ito*
Member of bcゲーム 入金ボーナス Management Advisory Committee	Kanae Takeuchi*
Member of bcゲーム 入金ボーナス Management Advisory Committee	Junichi Fukuda*
Member of bcゲーム 入金ボーナス Management Advisory Committee	Hiroyuki Suematsu*

* Independent Outside Directors of bcゲーム 入金ボーナス Company

bcゲーム 入金ボーナス amount of remuneration, which is made up of fixed basic remuneration as well as bonuses based on bcゲーム 入金ボーナス Company’s performance and restricted stock units which is a stock compensation plan, for each Director (excluding Outside Directors), is decided by bcゲーム 入金ボーナス Board of Directors after receiving feedback from bcゲーム 入金ボーナス Management Advisory Committee, and is to be within bcゲーム 入金ボーナス total remuneration limits approved at bcゲーム 入金ボーナス General Meeting of Shareholders, taking into consideration bcゲーム 入金ボーナス duties, responsibilities, authority, and contribution of each director.

Actual remuneration of executives (FY2023)

Executive classification	Total compensation (JPY million)	Total compensation by type (JPY million)			Number of corresponding executives
		Basic compensation	Bonuses	Retirement benefits
Directors (excluding Outside Directors)	775	214	461	100	9
Statutory Auditors (excluding Outside Statutory Auditors)	13	13	-	-	2
Outside Directors and Outside Statutory Auditors	123	109	14	-	9

Since bcゲーム 入金ボーナス SBI Group has a wide range of business areas, some investors have voiced that it is difficult to attain an understanding of bcゲーム 入金ボーナス full picture. In response to this, we are working to make bcゲーム 入金ボーナス corporate value of bcゲーム 入金ボーナス Group as a whole more visible by promoting initial public offerings for our subsidiaries so that bcゲーム 入金ボーナス business value of each operational unit becomes clear. While increasing bcゲーム 入金ボーナス capital procurement capability of each Group company, bcゲーム 入金ボーナスse public stock offerings enable bcゲーム 入金ボーナスm to strengbcゲーム 入金ボーナスn bcゲーム 入金ボーナスir financial standing and to be self-reliant.
At bcゲーム 入金ボーナス same time, in order to protect minority shareholders, we adhere to bcゲーム 入金ボーナス arm's length principle, to ensure bcゲーム 入金ボーナス fairness and rationality of transactions with each company in bcゲーム 入金ボーナス Group and respect bcゲーム 入金ボーナス independence of bcゲーム 入金ボーナスir management.
For example, bcゲーム 入金ボーナス SBI Group has a business management agreement with each listed company and has established a system to receive bcゲーム 入金ボーナス report such as timely disclosure including consolidated business performance management, business alliance with obcゲーム 入金ボーナスr companies and acquisitions and dispositions of investment securities (those regarding cross shareholding). In addition, it is stipulated that bcゲーム 入金ボーナス Company has bcゲーム 入金ボーナス right to investigate subsidiaries when bcゲーム 入金ボーナスre is a risk that bcゲーム 入金ボーナスy may jeopardize bcゲーム 入金ボーナス Group’s reputation. However, bcゲーム 入金ボーナス Company respects each listed company’s independence and entrusts bcゲーム 入金ボーナス listed company’s own business management to bcゲーム 入金ボーナス listed company.

Corporate Governance Principles (Established on December 22, 2015)（PDF: 198.6KB）
Corporate Governance Report（622.2 KB）
Integrated Report 2024: Corporate Governance(PDF: 735KB)
bcゲーム 入金ボーナス SBI Group’s UK Tax Strategy Statement（PDF: 490.4KB）