2018年3月期 sbiホールディングス株式会社 Ⅰ. 2018 年 3 月期 連結業績 Ⅲ. sbi...
TRANSCRIPT
-
Strategic Business Innovator
-
1
SBISBI
-
2
. 20183
. SBI
.
. SBI2017727
-
3
20183
28.7%3,370
66.5%71843.8%467IFRS
639+30.6%565+307.6%
ALA20193
2018335851570
-
4
20173 2016420173
20183 2017420183
%
261,939 337,017 +28.7
43,139 71,810 +66.5
28,303 55,958 +97.7
32,455 46,684 +43.8
20133IFRS
20183 IFRS
R O E , % 8.7 11.6 +2.9
-
5
5IFRS
20183
20181 600 / PREMIUM 550
389
631
522
431
718
192
0
200
400
600
20143 20153 20163 20173 20183
SBI
-
6
20173 2016420173
20183 2017420183
%
179,941 217,272 +20.7
77,441 117,572 +51.8
5,530 4,199 24.1
1 SBI2015367,309 2
20183 IFRS
20173 2016420173
20183 2017420183
%
48,932 63,888 +30.6
13,861 56,491 +307.6
9,574 37,252
1
-
7
20183 1
20183 15 70 85 20173 10 40 50
1
20182 70 / PREMIUM 70
40%
2018130708540.1%
2018335 85
-
8
20193
40 CF
-
9
1 2018331
1,00010
2018331
1001
90 1 1 20 1 1 270 1 1 1 10 1
2018331
199SBI50%1
90
20
270
10
-
10
-
11
1 SBI 2 SBI 3 SBISBI3
1.
-
12
1 SBI 20183
-
13
20173 2016420173
20183 2017420183
%
90,464 116,716 +29.0
83,907 106,997 +27.5
37,972 53,570 +41.1
37,973 53,798 +41.7 27,798 36,812 +32.4
SBI 20183
SBI
-
14
SBI
%
SBI 35.1 36.4 4,261 12.9 53,570
1 16.4 16.7 2,372 5.0 20,643
11.2 14.3 1,136 2.5 18,532
8.8 10.4 1,087 2.3 7,934
2 5.3 3.7 1,761 4.2 9,302
1 2017920179 2
20183
SBI
-
15
4,261
5,318
2,838
2,000
2,400
2,800
3,200
3,600
4,000
4,400
4,800
5,200
5,600
6 12 6 12 6 12 6 12 6 12 6 12 6 12
SBI
SMBC
2011 2012 2013 2014
1.1
9.7
CAGR% 20116-201712
1.3
2015
SBI3 20116-20183
SBI20183
2016
20176
SBI20179400
2017
201733,886 2.3%20116-20173 20173
SBI
-
16
IPO
IPO20174-20183
20174-20183 79
(%)
SBI 75 94.9
SMBC 62 78.5
54 68.4
38 48.1
37 46.8
36 45.6
35 44.3
IPO94.9% 20167
SBI17120183
SBI
20176
SBIM&A
-
17
SBISBI SBBO-X
SBI
SBI
SBBO SBI Best Bid Offer -X SORSmart Order Routing1SBISBIToSTNeT
2
1 2 PTSPTS
ToSTNeT
-
18
SBI
SBISBIIFRS 18.4%3,770 201851120183J-GAAP
201833214.4
-
19
SBIIFRS SBIIFRS20183 18.4 %3,770
3,185
3,770
0
400
800
1,200
1,600
2,000
2,400
2,800
3,200
3,600
4,000
20173 20183
+ 18.4%
IFRS
2 SBI
-
20
44,252
34,060
21,61518,239
8,390
7,1290
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
SBI20079
20115
20016
20017
20087
200010
2001320183
SBI
SBI
321 20183
2 SBI
2001 2003 2005 2007 2009 2011 2013 2015 2017 2018
-
21
31,874
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
22,000
24,000
26,000
28,000
30,000
32,000
3 3 3 3 3 3 3 3 3 3 3
2008 2010 2012
1 2008320183
4.2 201849
2
2
1
2014 2016
SBI
20166
SBI
20079
MR.REAL20153
20121
3520159
2 SBI
2018
-
22
329
2017
MX201710
18.6 201813
20183
2 SBI
-
23
3 SBISBI3 SBIIFRS20.3%2,263
SBIIFRS172.7%360
SBI
-
24
163
174
150
160
170
180
2017 3
2018 3
20173
20183 %
1,881 2,263 +20.3
2008SBI
SBI
SBIIFRS 6.7%
20081 20152
20123 20133 20169
SBI
SBI5
-
25
SBI
90 132
360
0
100
200
300
400
20163
20173
20183
SBI IFRS
20163 20173 20183
1 74.7 71.8 72.4
2 20.8 19.4 18.6
95.5 91.2 91.0
1 %100 2 %= 100 3
172.7%
SBI
-
26
0
20
40
60
80
100
120
2011 3
2012 3
2013 3
2014 3
2015 3
2016 3
2017 3
2018 3
28
SBI 100
20118
201610
2011320183 CAGR20.1%
SBI
100
-
27
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
70%
SBI
20184
SBI
SBI
7(4) SBI
20183
SBI
-
28
SBI 20183
5
1,113.0%201712
117,210
SBI
SBI
SBI
20176
33,161
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
20164 20167 201610 20171 20174 20177 201710 20181
20176
-
29
SBI
4
SBI
20183
16,502 ANP():1,021
REAL 35
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
0
200
400
600
800
1,000
1,200
20176 20179 201712 20183
ANP()
2018
ANP
SBI
20183
SBI20186
SBI
-
30
375 390
2,798 3,354
4,926
5,285
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
20173 20183
13
[] 2
[]
[] 2
11.5%
1
15,4883.4%
69,66122.1 %
539,5725.9%
-
31
20183 456,491
FinTechIPOM&A
SBISBI IFRS140SBI
.
-
32
20173 20183 %
774 1,176 +51.8 139 565 +307.6
SBI 56 140 +148.1 68 444 +549.6
IFRS
20183
20183
74 370
-
33
IPOM&A 2018FinTechIPO
20183
IPOM&A 13 2018310IPO3M&A
EXIT
2017418 Toebox Korea M&A
2017720 JASDAQ
201783
201784 Motrex KOSDAQ
201795 Global Tax Free M&A
2017914 Pearl Abyss KOSDAQ
2017915 SAMCO KOSDAQ
EXIT
2017927 UTI Korea KOSDAQ
2017929
2017929 YAS KOSDAQ
20171214
20171219 Eloxx Pharmaceuticals M&A
2018327 RPA
FinTechIPO SBIFinTech67 FinTech240SBI160 20171 20184 201912 202021 202114 15
20193
-
34
2018419TP Bank
TPBank19.9%
32,450153 2.5
2018376 20193
20098
Best Digital Banking Award 2017 (Vietnam bank Association)
1 = 0.0047
890 35425
-
35
AI SBI AI&BlockchainSBI A&B
20181 SBI AI&Blockchain
200500
FinTech
AI
1AI
-
36
20136
20146
20156
201512 6
201612
201712
5,292 3,292 202 172 740 889
SBI
()
8,434
31,596 3,160
15,200
50,296 5,030
0
10,000
20,000
30,000
40,000
50,000
60,000
3 6 9 12 3 6 9 12 3 6 9 12 3 6 9 12 3
2014 2015 2016 2017 2018 1=0.10
SBI
()
-
37
45.3
51.6 51.2
46.7
41.3
33.8 29.9
26.8 26.0 22.4
18.5 16.2
13.5 11.7
9.6 8.8 7.5 7.1 5.9 5.3
18.3 21.2
18.9 21.1 21.3 20.4
18.0 16.5 13.9
12.0 9.7 8.5 7.6 6.6 5.7 5.0 3.8 3.8
4.0 4.2
0.0
10.0
20.0
30.0
40.0
50.0
60.0
6 9 12 3 6 9 12 3 6 9 12 3 6 9 12 3 6 9 12 3
%
SBI
2018123.65
2013 2014 2015 2016 2017 2018
-
38
20183
20173 2016420173
20183 2017420183
4,790 - 5,967 - +24.6
1,560 32.6 1,638 27.5 +5.0
1,618 33.8 1,757 29.5 +8.6
1,025 21.4 1,099 18.4 +7.2
9 7
-
39
1ALA ALA 2 270
-
40
20183 IFRS
20183
20173 20183 SBI 737 432 Quark Pharmaceuticals 8,270 7,902 ALA 298 58
SBI 91 42 SBI 233 40 41 55 SBI ALApharmaSBI ALA Hong Kong 69 15 46 64
2AKI
SBI1.5g20183MENA1.5g2
SBI
-
41
233
40
-240
-140
-40
60
20173 20183
1,00020182H&B20184309201632430
TRUE DATA TRUE DATA5,000
SBI20183
822
1,065
0
400
800
1200
20173 20183
29.6
IFRS
20183SBI
-
42
20173 20183
9,574 37,252
26,985
20183 IFRS
57
211
20183
-
43
1
2
3
4 1135
5
1.
. SBI
1SBI
2NASDAQ 3 ALA20183
2.
-
44
1-1
20193RPARobotic Process Automation
-
45
-
46
AI
WealthNavi for SBI
THEO+ SBI
AINEC
AIOCR
303 42018424
62 1.92018424
SBI
FXAI
SBISBI FX
SBIIBM
-
47
AI201711
AI201711
AI201712
NECAI20184
WealthNavi for SBI
THEO+SBI
AI
106 1.1 2018424
19 62018424
-1
-
48
API20163
20175 201612
finbee finbee
7
1.6
20179
1.8
APIApplication Programming Interface API ID
-2
API
-
49
-
50
SBI
/ASV
LINE
Apple Pay
IoT
AEBAutonomous Emergency Braking/ASV20181
LINELINE
SBIApple Pay
ASV Advanced Safety Vehicle
-
51
SBI
SBI
FiNC
AI
-
52
SBI
FinTech
Finance App
Wefox
Wefox
AI
-
53
IoT 20172
JVSBI Cosmoney 2018321
Global Mobility Service
IoT
Coinplug, Inc.
Ripple-20176
-
54
20193RPARobotic Process Automation
-
55
SBIRPARobotic Process Automation
NICENASDAQ15025,0001,2003,500
RPA
2016
20171RTSNICE
20177RPA 201712UiPathUiPath Job-
Robo!RPASBIOEM2
73RTSUiPathJob-Robo! 3336
-
56
RPASBI73 36
3RPA
130RPA 510
510
/
/
78 27,396 11 3,600 6 1,932 5 1,524 4 1,476
104 35,928
RPA
-
57
RPA
RPA Robo-Work! / Job-Robo!
10
BPRPoC 2
PoC
RPA SBI
RPA
1
2
RPA OEM
RPA
-
58
RPA
RPA
RPA
RPA
-
59
RPAAI
RPA
AIRPA
BtoCBtoBAI
RPA+AI
1
2
3
RPAAI
RPA
AI
RPA
-
60
-
61
RippleXRP DLTDistributed
Ledger Technology
RippleSBI100
0.05
66
2
58
16 17 0.000
4
0.96
0.26 0.64
0.37
1,500
16 16 24 10 56
1$
1 28.23
-
62
RippleSBI Ripple Asia20165
60% ()
40% (20165)
24
8DLT24RipplexCurrentRC2.0
-
63
20173 RC - PoC
201712 RC2.0 - - 237
20183 RC2.0Money Tap
-
64
Money Tap
(UX)
RC2.0
APIGW
Money Tap
Ripple xCurrent
SBI3
-
65
DLT
9
20184 SBI35 KYCAML
-
66
DLTAI
DLT
AI / AIRPA PoC()/
BaaS
PoC KYC
KYCWG WG DLTWG KYCKYC
AI/AIRPA
DLT
-
67
SSBI
S
SBI
S
QR
S
-
68
S
UCUC
20184UC
UCSBIHOrbOrb DLT
-
69
1-2
-
70
SBI
28
35.7
21.7
40.3
78.3
79.5
85.5
PHS
PC
PC
PHS
2016%
PC
9.9%20143 32.6%20183
SBI
21.5%20143 52.3%20183
34.4%20143
45.4%2015/3
27.2%2015/3
64.1%20183
59.3%2018/3
44.9%2018/3
40.8%20143 61.1%20183
-
71
2018420
My 1,600
CoinDesk
-
72
20112013
Moven
TD
Moven UI/UX
SBI
SBIMoven7:3
-
73
Decentralized Mobile Applications
SBI
Decentralized Mobile Application
PayKey
24WestpacGaranti6
SBI PayKey Asia PayKey
SBI PayKey Asia
PayKeyDecentralized Mobile Applications
-
74
FinTech
IoT
Synergy Synergy
FX
KYC
Synergy
-
75
SBI
1-3
-
76
SBI
-
77
FinTech
RPA
FinTech FinTech
SBI FinTech
-
78
FinTech
SBI
FinTech
-
79
i) SBI
(ii) SBI
(iii)
(iv) SBI
-
80
IPO A 316
B 133
C 141 D 205
10527
2018416
64 26 41 1
SBI2,6141,282 2018416
201520177720173
272017355
(i)SBI
-
81
SBI
SBI
16 20173 20177
201710 201710
201712 201712
201712 20181
20182 20182
20182 20183
20184 20184
20184 20184
1614630
(i)SBI
-
82
SBI
20151220183298
20183
+55.1% 2.7
+671.2% 4.0
+470.2% +59
+472.3% +35
20167
(i)SBI
-
83
SBI 201710
SBI
SBI
IPOPO 2,500
()
SBI
1
(ii)SBI
-
84
4.3
1
9.2
0
2
4
6
8
10
201711 20181 20183
2017111
SBI
20183 4.3 9.2
201710
(ii)SBI
-
85
SBI34
etc.
(ii)SBI
-
86
10,007
23,014
41,314
46,004
52,656
37
49 57
70
127
0
30
60
90
120
150
0
10,000
20,000
30,000
40,000
50,000
2014 3
2015 3
2016 3
2017 3
2018 3
INDEX
4412752,656
(iii)
INDEX
-
87
18
20202421
1 A.T.Kearny2015 Hype vs. Reality: The Coming Waves of "Robo" Adoption 2 3 1110
(iii)
-
88
SBI
SBI
6 SBI
2018417
15
(iv)SBI
-
89
1-4
1135
-
90
-
91
-
92
131
424
0
100
200
300
400
500
20173 16/0417/03
20183 17/0418/03
86
1,262
0200400600800
1,0001,2001,400
20173 16/0417/03
20183 17/0418/03
SBI
ETF 2017320183
()
1 15.8
2 SBI 14.7
3 BNY 13.7
4 10.7
5 8.2
6 7.0
7 JP 6.1
8 4.2
9 3.2
3.2
10 2.9
()
()
14.7
3.2
SBI
-
93
SBI
201512
SBI 2016320166 SBIPIMCO
104 104
359 391 404 399 459
558 571 605 607 658 723
772 928 967
1,077 1,168 1,209
1,312 1,421
1,575 1,712
1,794 1,844
20164 20166 20168 201610 201612 20172 20174 20176 20178 201710 201712 20182 20184
SBI
1,000
-
94
SBIFinTech
SBI
1,000
SBI20181
-
95
80 117 155 100
359
181 68
57
340
283
400
0
100
200
300
400
500
600
700
20133 20143 20153 20163 20173 20183
FinTech
3CVC
1108 1=0.101=17
3CVC SBI AI&Blockchain
20163
-
96
M&A
2,012 1,916 1,877 1,528 2,188
1,835 2,306 2,590 3,479
6,280
0
2,000
4,000
6,000
8,000
20143 20153 20163 20173 20183
1 3 2 3 4 SBI
-
97
1-5
SBISBI
SBI
-
98
SBI SBI SBISBI
-
99
-
100
2016
SBI
SBI Capital Base
SBI Crypto
Global Max
()
CoVenture
GP ()
SBI CoVenture
Asset Management
T1R ()
CoolBitX
SBI
ICO
ICO
100% 100% 100% 100% 100%
40%
20%
Everspin
6% 30%GP
70%
Sepior ()
Templum ()
TAO
SBI SBI100%
OBook ()
49% 20%
22%
Tokenized Asset Offering
-
101
SBISBI
-
102
SBISBI
SBI
SBI
ICO
Synergy
Synergy
Synergy
SBI
FinTech
AB
-
103
CoVenture 6% GP30%SBI CoVenture Asset Management
T1R ICO 20% SBIICO
CoolBitX 40%
Sepior 49%
Everspin 22%
OBook 20%
E 41%
Othera 20%
B
N -
C -
Templum TAO
P AI
P2
R
S
D
-
104
SBI
SBI SBI
-
105
SBI
-
106
SBI
2017929 2018130 XRP
SBI
SBI426 SBI321SBI 105 SBI FX
-
107
SBI
20181 20183 20184
FSHO 20183 20184 20183 20184 LastRoots 20184 20184 20184 BMEX 20184 20183 Payward Japan (Kraken) 20184 CAMPFIRE 20184 20183 20184 bitExpress 20183
20183 20184
GMO 20183 Zaif 20183
-
108
0
5
10
15
20
25
30
35
40
45
0
50
100
150
200
250
300
350
2017111 2017121 201811 201821 201831 201841
BTC
BCH
ETH
XRP
(10)
(10)
(24)
coinmarketcap
4
SBI
-
109
4/23
SBI 16
SBI
-
110
20184
2018
SBI
-
111
SBI
-
112
FXSBI
20093 8.4
4
20093
SBI LM18.3
SBI LM 8
20093
20081117 2012530
SBI LM
1
Synergy Synergy
SBI SBISBI FX
-
113
bitFlyer QUOINEx
SBI
SBI SBI
SBI SBI SBI
SBISBI
SBI SBI
27,675 27,304 30,867 33,232
40,734
64,222
47,188 36,276
010,00020,00030,00040,00050,00060,00070,000
2017 1Q
2017 Q
201710 201711 201712 20181 20182 20183
22,465 22,930 25,265 27,277
47,526
64,129
48,228 34,091
010,00020,00030,00040,00050,00060,00070,000
2017 1Q
2017 Q
201710 201711 201712 20181 20182 20183
-
114
Global Max
Global Max
XRP
etc.
Multi Virtual Currencies
Exchange Service
Digital Asset Management Product
2018130SBI XRP
SBI Crypto
XRP
-
115
BCH
201811 3
BCH SBI
BCH
SBI5.6%419 3
SBI Crypto 20178BCH
-
116
1
nChain
CoolBitX
Sepior
Everspin
B
CoolBitXCoolWallet
CoolBitX40%SBI
SBI
-
117
2013 Financial TimesAPI
1,000PV5,000SNS
6015
(Consensus)
CoinDesk
CoinDesk
My
1,600
-
118
-
119
SBI
Service-backed token - SBI
Asset-backed token - (IP) -
-
PTS ()
ICO 2017PwCICO
ICO
ICO
-
120
2-1 SBI
-
121
MEDI7734Anti-ILT7
20089
SBI-9674 201612
Cdc7
20145
2018
GNKS356
SLE
AMED20183
SBI-3150
pDC/B
1SBI
20193
-
122
2-2 NASDAQ
-
123
QPI-1002
DGF 75
AKI
QPI-1007
NAION
66
PF-655
a
:670
IPOSBI
SBI95.5%
-
124
3NASDAQNASDAQ
NASDAQ
AKI
2 QPI-1002
QPI-1007
2
310
-
125
2-3 ALA20183
-
126
3 I II III
PDD
1
2
3
4
5
iPDT 6
201712
5 1.5g20139 UAE201610 1.5g
20173 MENA1.5g
20183
SBIALA 3ALA SBI
-
127
2007 Gliolan2007EMA40
20176 FDA
201712
2013 SBI1.5g
SBI ALApharmaALA Gliolan
2018
ALA
2018426 NX Development Corp.52018 Gleolan
-
128
201820NatuALA
SBI ALApharma ALA
49% 51%
SBI Neopharma FZ-LLC
2003UAE50MENA
6
400NMC Health PLC
2016
5050
ALA201610 MENA1.5gALA 20183
ALA 20175 2017121.2 80201820NatuALA
SBI Neopharma ALA
-
129
ALA 15,000
603
15,803
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
1 7 1 7 1 7 1 7 1
201412018417
2018417 1,424 1,552 1,114 1,062 890 867 820 780
2014 2015 2016 2017 2018
SBI ALA
-
130
2018
20183
ALA
ALA3010
201512
SBI
201712
SBI
ALASBI
10 12 12
2018 2019
-
131
SBI
TVCM
ALA ALA10 12 12
2018 2018 2019
ALA SBI 20172018
ALA
OEMOriginal Equipment Manufacturer OEM ALA752017
ALASBI
-
132
. SBI2017727
-
133
35415532
201772736315622
1 25 3
639
8 565
7 373
5
270
SBIFinTech
IPO
IPOALA
IFRS
SBI2017727
-
134
ROE10%
1
1100
2018311.6% 2019310%
6,108 2018425
20183185
SBI2017727
20177273,300
6,4652,879 2018423
1 25 3
20183 IFRS 718
121,000
201772723
-
135
1
-
136
2018425
8,340 2,626 771
11,738+ 2018.3B/SSBIH 3,327
8,411+
SBI1
15 20183 72
- 1 5,227 - 1 3,746
-
137
6,6452018425
SBI 20183 A 1
SBI 32018.3 B
2ABSBI
1 201731 2 2017121 3 SBI
1 SBI-i
SBI
SBI
Comparable Public Company Analysis
2
-
138
SBI? SBI 20183 SBI 6,645 2,722 20183 12.9 2.5 20183 426 114 35.1% 11.2%
536 41.1%
185 24.1%
No.1
No.1
No.1
2018425
No.1
1 SBI-ii
-
139
1 SBI
SBI
SBI50.0%
1,266 6332018425
201734
201734
SBI Comparable Public Company Analysis
SBI 20183
4PER
802 2,772
500 1,000 1,500 2,000 2,500 3,000
1,266
-
140
1 SBI
SBISBI FXT
5812018425
SBI Comparable Public Company Analysis
SBI LM 20183
+
201731
2
SBI
150 80 SBI48.8% * 2018425
-
141
1 SBI FinTech Solutions
SBI
SBIIFRS
SBI FinTech Solutions
2282018425
SBI Comparable Public Company Analysis
SBIH 20183
201831
+ 2
* 2018425
SBI %
2018425
SBI
SBI FinTech Solutions 77.5 KOSDAQ 224* 173
-
142
SBI
SBI FinTech Solutions
SBI 6,645 2018425
SBI FinTech SolutionsSBI 173 2018425
1,266 633 SBI50.0%
8,340 SBI
1
SBI 581 2018425
SBI
228 2018425
SBI 150 80 SBI48.8%
2018425
2018425
-
143
1
2 SBIIFRS
3
3
2018/3
SBI %
SBI 28 100.0
SBI 1 5 100.0
3 100.0
1 IFRSJ-GAAP
-
144
2 -
iiv
2,626
iiSBI2018425 103
Comparable Public Company Analysis JAFCO SBI JAFCO
i20183 1,527
JAFCO201831 1PREMIUM
JAFCO 1,628 2018425
-
145
iiiSBI2018425
2 -
1 1 2 SBI 3 SBIIFRS
SBI
Comparable Public Company Analysis
1 SBI 2 2018.3
732 724 SBI99.0%
-
146
2 -
SBI %
2018425
SBI
49.1 JASDAQ 340 167 SBI Investment KOREA 43.9 KOSDAQ 239* 105
579 272
2018/3
SBI %
SBI 5 100.0
* 2018425
iv
SBIIFRS
-
147
3
SBI
SBI ALApharma SBISBIALA SBI ALApharma 1 SBIH
2018395.5%697
SBI771
SBIIFRS
SBI %
2018425
SBI
HD 38.1 194 74
-
148
-
149
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 46,000
10,000
14,000
18,000
22,000
()
()
JASDAQ
+22.4%
20173 20183
2
20183
2849,276 20173
2328,376
13
SBI
-
150
5
SBI
20183
12.9
5.0 4.2
2.5 2.3
0
2
4
6
8
10
12
SBI
SBI
10 201611
4,261
2,372
1,761
1,136
1,087 500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
3 9 3 9 3 9 3 9 3 9 3 9 3
SBI
5
20179
2012320183
400 2017926
2012 2013 2014 2015 2016
2017
SBI
-
151
SBI % %
SBI 35.1
16.4
5.3
8.8
11.2
23.2 SBI 36.4
14.3
3.7 10.4
16.7
18.5
20183 20174-20183
20183 20174-20183
1,2ETF/REIT WEB
2017312ETF/REIT
SBI
-
152
92.5
111.2
0
20
40
60
80
100
120
28,466
34,521
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
SBI
+20.2%
20183 20183
+21.3%
20173 20173
SBI
-
153
SBI
13,23012,163
11,550
16,753
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
2016 3
2017 3
2018 3
2015 3
MMF MRF
20183 20173
4,215
5,181
0
1,000
2,000
3,000
4,000
5,000
+22.9%
SBI
-
154
7,873
6,780
7,991
10,011
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
2017 3
2015 3
2016 3
/
2018 3
20183 20173
SBI/
SBI
26,563
38,159
31,543
44,713
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
+43.7%
Graph1
3154326563
4471338159
Sheet1
6,057
31,54326,563
44,71338,159
-
155
SBI
39.9 29.5
30.0 38.3
5.0 4.7
15.5 16.5
9.6 10.9
0
20
40
60
80
100
20133 20183
%
SBI5
FX
SBI
-
156
iDeCo SBIiDeCo2017519iDeCo
iDeCo
20182iDeCo192,140201751.6
27
127
0
20
40
60
80
100
120
140
2012 2013 2014 2015 2016 2017
SBI401k +
65
296
0
50
100
150
200
250
300
350
2012 2013 2014 2015 2016 2017
SBI
+
SBI
-
157
iDeCo SBI
0
2,000
4,000
6,000
8,000
10,000
5 6 7 8 9 10 11 12 1 2
iDeCo +
SBI
A B
C
D
2017 2018
SBI
-
158
SBI 20182100
20133-20183
10,554
0
2,000
4,000
6,000
8,000
10,000
3 6 9 12 3 6 9 12 3 6 9 12 3 6 9 12 3 6 9 12 3
/ NISA
2013 2015 2016 2017 2014
2018
SBI
-
159
NISA 2018 3 SBI1 1 1
2 120 16 14 164 80
56.8 43.2
NISA56.8%67.7%
SBINISA4.5NISANISA3
SBINISA36.0%
NISA%
1 NISA 2 1 3 20183201712
100130
20181NISA 20181
SBI
-
160
FXSBISBISBI FXSBI3
1,052
200
300
400
500
600
700
800
900
1,000
1 4 7 10 1 4 7 10 1
SBI
GMO
DMM.com
FX
FX20182
1 SBI 216,137
2 GMO 149,578
3 DMM.com 121,809
4 120,261
5 FX 102,960
6 FX 63,309
7 62,309
8 48,941
9 FX by GMO 17,654
10 12,528
11 11,727
2 11,171
938,765
2015 2016
2017 FX 16
FX
FX5 20154-20182
100 201711
2018
-
161
-
162
688
228
447
14
226
54
352
60
119
2188
659
194
165
54
133
75
11
113
659
125
2188
3,431
4,900
1,380
6,280 1 20183 2 3 4 SBI 389
3 1,243
4
(20183)
-
163
IFRS
20173 20183
FVTPL
107 68
5 34
472 444
8 20
(66) (53) 41 409 (7) 333
(2) 235 (5) 98
IFRS
5(SBISBI)FVTPL
20173 20183
350 294 1,139 1,906 101 185
1,590 2,385 308 327 126 210
434 537 874 1,299
282 549
1,156 1,848 1,590 2,385
-
164
SBI 2018
343024.3
IFRS
20173 20183
522 631
61 134
70 127
69 126
1 1
IFRS
SBISBI
SBISBI Bank
20173 20183
474 336 4,365 5,247 1,109 1,122 545 562
6,493 7,267 4,858 5,370 111 177
4,969 5,547 1,514 1,705 10 15
1,524 1,720 6,493 7,267
-
165
SBI
IFRS
20173 20183
43 73 14 22 6 14
2 9 4 5
IFRS
SBI
20173 20183
66 103
154 142
73 76
56 32
349 353
122 127
182 178
45 48
227 226
349 353
-
166
4
-
167
36.7 43.3 41.2 43.8
47.9
18.3 19.0 20.0 19.3
27.5
1.0
0.6 0.6 0.4
0.4 37.3 31.3 27.8 23.8
20.8
6.7 5.7 10.3 12.7 3.4
0
20
40
60
80
100
20143 20153 20163 20173 20183
1.7%
125,33450,411 75.4% 76.7%
SBI
-
168
201831,2
SBI
SBI 426.1 SBIH 894.6 239.3 MoneyLook 94.3 3 79.5
SBI 1.3
SBI 321.1 SBI 4 100.1 SBI 10.9
SBI 180.0
2,347.2
2 3
1
4 SBI
1,480.6
1,690.6
1,883.3
2,178.9
2,347.2
1,200
1,400
1,600
1,800
2,000
2,200
2,400
16 3 15 3 14 3 17 3 18 3
12.2
2014320183
-
169
SBI
20173 20183
166 180 21 17 187 197 36 33 223 230
20173 20183
4,455 5,391
-
170
http://www.sbigroup.co.jp
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171