SBI Global Asset Management

Basic Information

Stock Code
4765
Industry
Service Industry
Category Detail
Professional Services for Businesses
Prefecture
Tokyo
Establishment Year
March 1998
Listing Year
June 2000
Official Website
https://www.sbiglobalam.co.jp/index.html
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
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Altoner, Sencare, Risk Monster, Fisco, Ururu, Wills, IR Japan Holdings, IFIS Japan, Beat Holdings Limited, Funai Soken HD

Overview

SBI Global Asset Management is a subsidiary of the SBI Group, founded in 1998, and is a financial services company that primarily engages in asset management business centered on investment trust ratings and evaluations.

Current Situation

SBI Global Asset Management recorded consolidated net sales of 10.1 billion yen, ordinary income of 2.5 billion yen, and net income of 1.6 billion yen for the fiscal year ending March 2024, maintaining a solid financial base. Its core business is investment trust rating and evaluation services, providing high-level evaluation services through a joint venture with Morningstar, Inc. Asset management is also conducted diversely through subsidiaries. In recent years, the company has strengthened its business through group reorganization and acquisitions of overseas asset management firms. Following the return of the Morningstar brand, it is promoting its own brand enhancement. It emphasizes ESG factors in investment selection to raise sustainability awareness and address social issues, positioning medium- to long-term growth and social contributions at the core of its strategy. It is proactive in deploying information services tailored to competitors and introducing digital technologies, aiming to strengthen its foundation and secure new revenue sources. Additionally, while closely monitoring regulatory changes and global trends in the financial services industry, it strives to balance stable earnings with growth investments.

Trivia

Interesting Facts

  • Pioneering entity connecting Morningstar and the Japanese investment market
  • Particularly strong in asset management within the SBI Group
  • Experienced rapid business expansion and group integration after listing
  • Holds leading brand in investment trust rating evaluations
  • Deploys multi-layered financial information services domestically and internationally
  • Expanding business areas into bond rating services
  • Implemented management concentration by selling stake in Indonesian subsidiary
  • Acquired Kabushiki Shimbun Co. and expanded into financial information media business
  • Made Carret Holdings a wholly-owned subsidiary for overseas asset management
  • Returned group brand 'Morningstar' in 2023

Hidden Connections

  • Closely collaborates with financial services within SBI Group to leverage synergies
  • Acquired high-precision evaluation capabilities from global network with Morningstar
  • Improved business efficiency by acquiring and integrating multiple financial information companies
  • Experienced entry and withdrawal from Indonesian consulting firm
  • Strong in disseminating investor information through stock newspaper business
  • Ensured continuity of investment rating brand while enhancing independence through group reorganization
  • Promoting strengthening of overseas asset management business via U.S. subsidiary
  • Collaborating with insurance and securities subsidiaries within SBI Group for cross-selling expansion

Future Outlook

Growth Drivers

  • Expansion in demand for ESG investments and sustainable finance
  • Improved reliability of advanced investment trust rating services
  • Sales channel expansion through collaboration with SBI Group
  • Innovation in information services through technology utilization
  • Expansion of overseas asset management business and strengthened global deployment
  • Increasing differentiation needs accompanying maturation of asset management market
  • Dissemination of investment education programs and customer base expansion
  • Sophistication of services for institutional investors
  • Response capabilities to regulatory easing and market structure changes
  • Growth in digital advertising and marketing services

Strategic Goals

  • Establishment as top-class domestic investment trust evaluation service
  • Expansion of ESG-related products and market share growth
  • Revenue diversification through overseas asset management subsidiaries
  • Advancement of service DX through digital platforms
  • New business development maximizing group synergies
  • Achievement of industry-leading customer satisfaction and reliability
  • Development of investment products contributing to sustainable society
  • Continuous enhancement of shareholder value and maintenance of sound financial base
  • Strengthening of security and compliance systems
  • Active involvement in social contribution activities and corporate social responsibility

Business Segments

Asset Management Services

Overview
Supports institutional investors' asset management through investment trust management, operation support, and rating evaluations.
Competitiveness
High-precision evaluations through collaboration with Morningstar
Customers
  • Institutional Investors
  • Pension Funds
  • Fund Managers
  • Financial Institutions
  • Asset Management Companies
  • Insurance Companies
  • Public Institutions
Products
  • Investment Trust Management
  • Fund Operation Consulting
  • Bond Rating Services
  • Asset Valuation Reports
  • Risk Management Services
  • ESG Evaluation Tools

Financial Information Services

Overview
Provides market information as well as advertising and promotion services to financial institutions, etc.
Competitiveness
Combined provision of internet advertising and information services
Customers
  • Financial Institutions
  • Securities Companies
  • Media
  • Investment Advisory Companies
  • Consulting Companies
  • Corporate IR Departments
Products
  • Market Data Distribution
  • Investment Rating System Provision
  • Corporate Research Reports
  • Advertising Marketing Support
  • Internet Advertising Services

Consulting and Seminar Business

Overview
Deploys education and seminar services for companies and organizations to improve financial literacy.
Competitiveness
Long track record in investment education and specialized expertise
Customers
  • Corporate Labor Unions
  • Financial Institution Human Resources Development Departments
  • Business Companies
  • Investor Groups
Products
  • Financial Seminar Planning and Operation
  • Asset Management Education Programs
  • Courses for Investment Beginners
  • Investment Strategy Advice for Companies

Overseas Asset Management Subsidiary Management

Overview
Oversees overseas asset management companies and deploys global operation services.
Competitiveness
Group overseas business collaboration and operation diversity
Customers
  • SBI Group
  • Overseas Investors
  • Local Financial Institutions
Products
  • Carret Holdings Operation Services
  • Overseas Investment Trust Setup
  • Risk Evaluation Services

Competitive Advantage

Strengths

  • Strong partnership with Morningstar
  • High asset evaluation expertise
  • Diversified asset management business expansion
  • Synergy effects with the group
  • Comprehensive financial information services
  • Flexible overseas business strategy
  • Extensive customer base
  • Specialized rating capabilities
  • Sustained performance growth
  • Advanced ESG evaluation system
  • Excellent digital marketing capabilities
  • Stable capital base
  • Diverse subsidiary group
  • High-quality management team
  • Wide sales channels

Competitive Advantages

  • Reliability from Morningstar's global brand
  • High-precision analytical capabilities in investment trust ratings
  • Utilization of SBI Group's financial network
  • Balanced asset management domestically and internationally
  • Provision of diverse financial data services
  • Sales expansion power through introduction of latest internet advertising technology
  • Efficient asset management system through group collaboration
  • Comprehensive seminars and consulting provision
  • Service lineup tailored to segmented customer needs
  • Stable business development backed by strong financial base
  • Flexibility in management strategy based on long years of market experience
  • Brand recognition backed by track record
  • Product development utilizing advanced ESG evaluations
  • Risk diversification effects from multi-regional expansion
  • Advanced information security measures

Threats

  • Strengthening of rating and evaluation business by competitors
  • Impact from financial market volatility
  • Business constraints from intensified domestic and international regulations
  • Risks in keeping up with the speed of technological innovation
  • Fluctuations in demand due to changes in customer investment behavior
  • Decrease in asset management balances due to economic downturn
  • Intensifying competition in digital advertising market
  • Increasing foreign exchange risks in overseas business
  • Risks of information leaks and security incidents
  • Need to update evaluation standards due to ESG criteria fluctuations
  • Challenges in talent retention and acquisition
  • Market uncertainty from global political issues

Innovations

2023: Morningstar Brand Return

Overview
Returned brand license to Morningstar, Inc. and shifted to proprietary brand strategy.
Impact
Achieved brand strategy reorganization and group restructuring

2022: Asset Management Subsidiary Integration

Overview
Merged three SBI Asset Management-related companies to improve business efficiency.
Impact
Improved management efficiency and enhanced competitiveness through service integration

2020: Tokyo Stock Exchange Section 1 Designation Change

Overview
Transitioned to Prime Market following Tokyo Stock Exchange market category review.
Impact
Improved market trust and fundraising capabilities

2021: Launch of Bond Rating Business

Overview
Entered bond rating business by establishing MS Credit Research.
Impact
Successfully created new business and expanded services

2024: ESG Evaluation Service Enhancement

Overview
Revamped investment trust evaluation services aligned with ESG standards.
Impact
Established competitive edge in environmentally and socially conscious investment market

Sustainability

  • Promotion of operation products based on ESG evaluations
  • Strengthened monitoring of environmental risks in investments
  • Implementation of green finance support activities
  • In-house energy-saving and resource reduction measures
  • Environmental awareness activities through collaboration with local communities
  • Issuance of reports incorporating sustainability elements
  • Advancement of R&D for sustainable asset management
  • Provision of sustainability education to investment clients
  • Paperless promotion through digital technology utilization
  • Employee sustainable awareness improvement programs