Thank you very much for attending our financial results brief session despite your busy schedules today. Without further ado, I would like to go into the explanation. FY 2022 consolidated performance mostly up to the third quarter. What I have been explaining to you applies to the full year. What I mean by this is that the profit deteriorating is VND 30.7 billion TPBank. We had to do a write-off or JPY 15 point several billion crypto asset-related business with a negative result came out, and that has impacted this full year. Regarding this full year, what I definitely wanted to do, there are two things. The first is to have the revenue exceed JPY 1 trillion. Unfortunately, it was JPY 998 billion JPY 559 billion.
We experienced a 30% plus growth, it did not reach JPY 1 trillion. In terms of the profit before income tax expenses, this is the only part we look. With this, we have exceeded JPY 100 billion. Therefore, what we have forecasted and wanted to achieve, we have come close to those. Especially if you look at this is the comparison of consolidated profit before income tax with major securities companies. As I have mentioned right now, it's JPY 100.7 billion. Nomura Holdings is JPY 149 billion profit before income tax. Daiwa is JPY 96.766 billion. SMBC Nikko had various things as a large negative. Mitsubishi UFJ is JPY 82.9 billion. Mizuho was a negative result. This is the securities companies group.
There is Nomura has a trust bank or Daiwa has the bank in their group, therefore, this is the apple-to-apple comparison. This was the situation. Looking at these situations, I believe that we are doing quite well. Also in terms of the revenues, this is looking at the 10 years time frame. You can see that we have been continuing to increase FY 2021, 2022, 2023. We have been largely increasing the revenue. My hope is to exceed JPY 1 trillion. We were slightly short to that. In terms of the profit side, we have many volatile industries, especially in the investment business. Therefore, it's quite volatile. JPY 30 billion-JPY 40 billion to JPY 60 billion-JPY 70 billion, and we have reached at the level of exceeding JPY 100 billion.
FY 2022, SBI Shinsei Bank and former Shinsei Banks, the goodwill, a lot of that was included. Therefore, if we exceed that, it's JPY 217.1 billion. Therefore, this time it's JPY 100.7 billion. Looking at this, by segment, the financial service businesses for sure is growing. Financial services business revenue is a +78.2% year-on-year. Profit before income tax expense is +42%. There was the negative goodwill, which is JPY 195.6, but if we exclude the Shinsei Bank one, it is a 42% increase. This part for us is the base area in term of businesses. Asset management business, it is starting to become the base business area.
We would like to have it to become the base business in a full scale. Investment business and crypto asset business, it goes up and down. When they're good, they go up. When they're not doing well, they go down. If you look at the SoftBank financial results on the group side, I'm sure you understand what I'm talking about. Crypto asset business. The market currently in terms of the legal system and system is not well established, especially in the United States. Therefore, it will still take time for the market to mature. Non-financial businesses, there's bio/health, bio/healthcare and Web3 businesses are included. This is the revenue, quarterly revenue by segment. Looking at the revenue, financial service businesses for sure is increasing the revenue.
Asset management business is surely growing as well. Investment business, when they're doing well, they're doing well, when they're not doing so well, not doing so well. That is the current situation. Crypto asset business and non-financial business is as shown. This is a quarterly profit before income tax expense by segment in an IFRS basis. As you know, we are within the financial institutions, we were the first ones that have implemented the IFRS. Currently, we are under an extremely difficult economic situation. You implement IFRS, the Japanese insurance, life insurance, and mega bank or the bank, financial results. I wonder what would have happened. In that sense, it does not show up on the service, but the unrealized loss, there are quite many of them.
One mega bank, I looked at their result numbers and I was surprised. One year ago, it was JPY 2.8 trillion unrealized gain. It's now down to only JPY 800 billion, meaning that they have lost JPY 2 trillion. Not just that bank, but in other companies, such as the life insurance and insurance companies, they're all having this unsurfaced loss. The IFRS, it will surface, but in Japan, they're quite devised. It's not surfaced, this time, when we face the interest rates rising, what is going to happen? Really, Japan, I won't say, they're trying to purposely hide it. If the people who know about it look at it, they will know. The very deep down parts do not surface.
Therefore, if the investors buy and sell just looking at the surface, it will become quite of a deal. I, myself, from my 50 years experience in the financial industry, this is I've never seen a time that is as difficult it is right now. This is what we are facing. In terms of the dividend, basically, the financial service business, as you have seen before, it is steadily growing. Therefore, we decide on the dividends based on this. In a full year, dividends is 150 JPY, which is the same amount as fiscal year 2022. Total payout is 113.5%. Total shareholder return is JPY 40.8 billion. We will continue on the shareholder benefits.
I would like to simply explain about the business segment, financial service business. As I mentioned before, revenue year-over-year is at +78.2%. Profit before income tax expense, there was a one-time special negative goodwill incurring. If we exclude the JPY 150.6 billion, it is a 42% increase. Financial service business, the securities business is included in here. How did the securities business perform? The operating revenue, which is equivalent to revenue, is the record high. Net operating revenue, record high. Operating income was a record high as well. Ordinary income was at -1.8% year-over-year. Profit attributable to owners of the company was at +3.6%. This is the JGAAP results.
Regarding the revenue or net sales structure is as so. There is the trading revenues, and we are increasing the financial revenues. What happens to the other commissions, the online trade stock trading transactions? Within the total, this comprises 11.2%. In the third quarter, it was 11.7%. Therefore, it went down further. That is why we are going into realizing the new securities, and we are trying to make this to 0. This is the like for like comparison of 20 main financial companies. We are just looking at the securities business. What I showed you before was at the holding level, the overall holding level.
If we look at the securities level, Nomura Securities, we have exceeded them in ordinary profit as well as in operating profit. Mitsubishi, Mizuho, Rakuten, Matsui, GMO, Monex, and Daiwa Securities. That is the order. I don't know why. I don't know, even now, the Japanese media will say the five major securities companies. Who are the major companies? They line it up in that way. That's questionable. Because they're doing that, they're behind their time. All of them, we're in a time where everything is changing into digitalization. The media, they're saying these are the five major companies. I can't believe such medias. If you do such a thing, people make mistakes. Like I have mentioned before, if everything change into IFRS or U.S. standard, then you will see everything clearly.
That type of accounting standard, the companies that are using such standards, and, there are companies that are using a standard that will hide, that you cannot see that clearly. This is the same thing. The times of, physical, real things has ended. If, you continue to hide such things, I will not say or conceal those things. I will not go that far. However, you will not be able to see the true, situation, and investors, will experience a loss. There's quite of a great responsibility on the media side. The numbers that were announced today. Well, I will be announcing from now. We just related to the TOB related price. It says JPY 3,000. Nikkei says JPY 3,000 for TOB.
They said JPY 3,000, and the price that we said is JPY 2,800. Everybody went to buy for it. TSE stopped the trading. If the trade was not stopped, what kind of loss would have been caused to the investors? Coming out of it early or late, coming out with the news early or late, that is not the work of the media. To actually have an accurate reporting is their job. This type of insider information, well, closely related to such insider information, if they just reported without knowing the whole story, I think as a media, there are rock bottom. If they would do such a thing, nobody's going to support them. Media, as much as possible, needs to be accurate as much as possible.
Whether they report that early or late, that's irrelevant. After the board of directors meeting, we can disclose that information, that information, it goes to TSE, is being examined and screened, and we can finally officially release that information. The Kanto Local Finance Bureau or the FSA, it has to be taken up by them, depending on the case, such a sensitive issue. The PTS, people who bought through PTS, there were several people close to the price of JPY 3,000. These people, of course, are going to complain. I will say, "Please launch your complaint to Nikkei." As the media's true mission to be conducted, I am going to provide them warning signs.
Writing an untrue article or just an article based on their estimations, if they write it as their own opinion, that's fine. Saying that SBI's number of accounts is at 12.8% CAGR, and from 2009 March to 2023 March, the CAGR is increasing. We're in a position that is not in a position to compare with others. This is the group's share of individual stock trading value, which is 46% and 47.2%. It is up-seeding as well. Why does it increase? It's quite of a simple reason. We have been consistent in a customer-centered policy. Because we do it for the customers and investors, we experience increasing. We have the lowest commission. We provide them the services.
The liquidity markets, operating revenue, this has increased to a record high. Unfortunately, Silicon Valley Bank, starting with Silicon Valley Bank in United States, banks are collapsing, and then the foreign exchange moves, interest rate moves. Globally, we are seeing such movement, there's going to be high volatility. Banks sold short, and then they just reversed that for one time. The essential issue has not changed. It has just worsened, meaning that in that short of a time, increased that much of interest rate, saying the economy is strong, the commercial practices are strong. Of course it is, because during the COVID pandemic, they had that much of a subsidy from the government, and that has increased the savings in %. That was supporting the commercial activities.
The war has started, the energy price is hiking. We are in extremely difficult times. In this situation, how are we going to generate profit? As you can see by looking at this, because there's a factor that because there's volatility, we are making profits. That is why we have to diversify the customers and products. In this times, we have a heightening of uncertainties. What we need to do is diversify. FX, our related business, both overwhelmingly strong. In overseas, this is a diversity. We need to diversify this because if Japan is not doing well, go overseas. In Thailand, FY 2023, their profit before income tax expenses has JPY 300 million.
Royal Securities in Cambodia, and the year ending December 31st, 2022, their profit was JPY 100 million. They're going to continue to grow.
Our bank, our business, SBI Shinsei Bank. Gross profit operating profit +10.4. Ordinary business profit +26.5%. Our profit before income tax expenses, so +82%. Profit attributable to owners of the company is 110.3%. This is based on J-GAAP. With this in IFRS, how much were we able to gain? It's JPY 54.6 billion in terms of profit before income tax expenses. Number of retail accounts, well, we became the market's largest shareholder and has made it a subsidiary company of ours. Shinsei Bank continued to grow. The deposits is getting close to JPY 10 trillion. Also the number of accounts is close to 3.16 billion. It's finally have turned around.
For a long time, the deposit balance has now turned around largely. Of course, Japan is going to experience an increase in interest rate. Therefore, at this time, increasing the deposit has quite of a meaning for a bank, a business. SBI Sumishin Net Bank. For 23 March, on June, in September 29th, we were able to go to market at a cheap price. We were able to do the offering, and then after, share prices obviously went up substantially. I also think this is an issue though. Why at that phase? Well, Rakuten Bank probably feels the same. Why did they have to go to market at cheap price? The issuer's profit was neglected. They were being protective of themselves. Was that the case? When it comes to underwriters, I think they need to take on more risk.
No, they might say it doesn't fit overseas. In that case, they should just try to do something domestically in Japan. Why do the Japanese underwriters have to depend so much on the overseas international markets? Of course, the international markets will try to bring the prices down by huddling together. Direct listings should happen if it's a large scale. That should happen more and more. Without going through brokers, companies should directly list on the market. Several times, the FSA was saying that the offering price is a little too low. The gap between the offering price and the stock price then after was too substantial. Experts were also saying so. Why is not this issue being rectified?
Performance of SBI Sumishin Net Bank, JPY 29,390 million was the increase in ordinary profit, which increased by 26.3%. Our investment profit on a pickup basis was JPY 4.8 billion. Why is it declining? Because our ownership was used to be 50%, but it went down. I think it's now at 36.2%. Therefore, the profit pickup went down as well. We were also able to get gains on sales of shares. For SBI Sumishin Net Bank, since its establishment, it has continued to increase the balance of deposits as well as the number of accounts. Now, deposits are around JPY 8 trillion in balance. 6.15 million accounts are supporting the performance. SBI Savings Bank in South Korea is next.
Our performance used to be good, but this time around, the profit before income tax expenses went down by 29.9% on a IFRS basis. Like the U.S., rates went up, and obviously when rates go up, bank earnings does not go up immediately. It goes down once. I'm sure that, however, we will see a recovery, and they have stopped raising rates. In the second half of the year, performance improvement is expected. That's what I've been hearing from my people. In the case of South Korea, we need to watch out for people who live in the property market more than Japan. We have a tendency where they start to pursue business opportunities in property. I said, "No." In this bank's case, the exposure is minimal, therefore, that has turned out to be a success.
They are starting to learn what I said is right now. For real estate in South Korea, there is an aspect where it's driving the economy. However, once things start to deteriorate, it becomes the most scariest. That's why I was saying that we should have a broad base of customers, collecting deposits and lending to them in a steady way. I've been saying that that's the safest way to do business all along since we acquired the business in 2013. I have continued to say so, and that's how the business turned out to be. When we acquired the business, the legacy rate seems to be 51.6% for all loans. However, it was around one-point-something%. Now it's a little bit up to 3.36%.
We have been able to settle at that level, and we're expecting a recovery from the second half. I think we're fine. Other foreign banks. For TPBank in Vietnam, performance continued to climb steadily. Ho Chi Minh, the market has continued to deteriorate. Therefore, valuation losses were recognized at JPY 30.7 billion, like I mentioned earlier. This was a damage for us regarding its performance. In the backdrop, the number of shares we had was 19.9% ownership. If we had 20% on an equity accounted basis, we wouldn't have to have done the write-off. Because the 20% is the maximum as a system in the same company, foreign investors' ownership is not able to exceed that level.
With these two conditions at least, 30% is the level we shouldn't exceed, and we were already at 30%. Because there was a interested buyer, we were able to reduce it to 20%. Now we are fine. This is Russia. There may be concerns that the business is going to go down, but we were able to see profits for JPY 486 million for Q1 for the year ending December 2023. For LY Hour Bank in Cambodia, which we own 70% of, JPY 169 million was a profit before tax for Q1. For the full year, it was JPY 921 million for the year ended December 2022. It's growing at a good rate.
I'm really looking forward to Vietnam as well as to Cambodia as well. Total assets of banking segment in the SBI Group are shown here. It has reached around JPY 26 trillion on a pure addition basis. When you compare this against others, Fukuoka Financial Group is at JPY 28 trillion, and Concordia is at JPY 24 trillion, and so forth. Looking at the insurance business, SBI Insurance Group's consolidated performance is shown here. Ordinary revenue went up by 8.8% at JPY 96 billion, 110 million. Ordinary profit was JPY 6.3 billion, up 6.5%. Profit attributable to parent of the company was JPY 1.24 billion, up by 39.1%. For dividends, we are paying out JPY 10 a share.
Also, regarding in-force contracts, it has been steadily increasing. CAGR has been 14.6% from 2016 March through March 2023. For the asset management business, the reason why it's growing is because the Morningstar brand has been returned to the U.S. Morningstar. We've been receiving JPY 8 billion in return. This JPY 8 billion, we would like to use it for M&A in order to acquire a quality entity. That's what we're trying to do. This business has grown steadily as well. As one of the pillars of our business, we would like to nurture the asset management business even more. The Morningstar brand has been taken off for this intent. For Rheos Capital Works, it has been listed. We own 48.89%. The name is going to change to SBI Rheos going forward.
We're actually, we are discussing whether we should change the name or not. I will probably make the final decision. SBI Global Asset Management, this is basically the new name for former Morningstar. Underneath, we will have SBI Asset Management, Wealth Advisor and Carrot. The investment business is the next slide. This is mainly about the private equity business these days. It has been challenging. However, for the unlisted securities, we still have positive profits. Although it has declined, we are still positive at JPY 18 billion, JPY 181 billion. For the listed securities, it was hit straight by market trends. For about 40 companies are expected to list in fiscal year 2023. For private equity, the
It excludes JPY 257.1 billion of both cash and commitment amount to be paid, but private equity is around JPY 682.4 billion. This is one of the greatest private equity companies in Japan already. SBI Leasing Services-It used to be too good before in the previous fiscal year, so it's down at the bottom line. Realistically speaking, this is basically it's the performance. Crypto asset business, FTX as well as others went bankrupt, so we were hit by losses. From our point of view, we may have needed to have scrutinized the business a little bit more in hindsight 20/20, but we are leaving this business to our international people, and it was being managed by the international employees.
Now when it comes to budget management and managing investments, we are scrutinizing the details more than before. That's how much, that's how high the volatility of this business was. JPY 18.5 billion was the amount we were hit by. For the non-financial businesses, I feel that we need to change the name of these businesses because Web3 does include some financial businesses like LiFi and so forth. I'm contemplating about this name, but right now, it's defined as non-financial businesses. Of course, it does include biotechnology, healthcare, medical informatics businesses, which are, in fact, non-financial. In Web3, there are, in part, some non-financial businesses. There's various types of businesses included, basically. There's the ALA business as well as the biotech business.
For the biotech business, for March 2023, milestone revenues declined. Profit before tax declined. We are preparing for an IPO, and it has a good pipeline. For the ALA business, things are going well, but we are spending quite a lot of R&D at the same time. That is why we're seeing these results. For SBI ALApromo, which is mainly engaged in sales, it is also preparing for an IPO. ALApromo is selling these products like ALAplus Tou-down, Gold EX, basically, products that contain ALA. Also, Deep Sleep Fukai Nemuri or Hiroukan Keigen, a fatigue mitigation or melting care, drinks are also available that all contain ALA.
One ingredient can be applied in various ways, and the consumer's office acknowledges its impact, and it's being applied for cosmetic products nowadays as well. There are over 20,000 distributors now nationwide in Japan. Finally, we've been seeing good growth, and that is why we decided to go to the market. Furthermore, for Machinowa, which is also another non-financial business, this is a local currency business. In neighborhood shopping areas, you're able to use this. It comes with premium e-com coupons is also another part of business, and we do this as a joint venture with Chikuho and so forth. It has turned to the black, and we expand the service to 50 regions nationwide.
Going into the main topic, I touched upon this earlier, the global economy is in a state of chaos, and uncertainty is increasing even more than at the time of the Lehman crisis. That's how I feel. Under this circumstance, the SBI Group, we'd like to focus on three areas on a group-wide basis in a detailed way so that we could diversify the risk and also expand our revenue sources and develop more revenue sources. In times like this, we need to thoroughly expand our customer base and diversify our customer base. This is the way we should go. In this way, we would like to diversify risks so that we can manage to overcome these challenging times.
Even back in the Lehman crisis days, we took a series of measures. As a result, we didn't need any help, we were able to survive, and we were able to come out strong in light of the crisis. We need to think ahead of others and take action. Back in the Lehman days in South Korea, we sold all of the shares before the Paribas shock of Kyobo Life Insurance and E*Trade Korea, which we made from scratch, we decided to take care and get rid of it. Moreover, there was a listed entity, SBI E*Trade. We decided to buy it back. Those are the series of measures we took in order to prepare for Lehman crisis.
We would like to increase the customer base as much as possible and diversify the customer base as much as possible. In order to diversify customers, we need to diversify financial products and services as well as business fields.
Even if one thing doesn't work out well, we want to create a situation where the other part of our business is doing well. In difficult times like this is a must. Regarding diversification of customers, how are we going to do about this? When it comes to our customers, we already have 45,647,000 customers, but we would like to bring this up to 100 million as soon as possible. One way of doing this is to promote neo-securities initiative. This will be our weapon. In fiscal 2023 first half, we would like to launch the neo-securities initiative, and we are preparing right now. For commissions that investors are burdening right now, we would like to make this free and eliminate their trading fees.
Since the 1999 founding of our company, when it comes to commission, when you look at the basis trends, which is brokerage commission divided by brokerage trading value, it has come down to a very low level, to a marginal level actually. It's overwhelmingly low cost, and we have been thorough with our customer-centric approach, and that is the reason why we have been able to establish top position inside our industry. To reduce transaction costs for investors, we have been taking various measures since 2019, one after another until today. We have been announcing measures that have been realized to date. As a result of such, for us, if you look at the revenue through online trading, the domestic stock brokerage commissions from online trading, which are free of charge, now that ratio has been down to 11.2% of operating revenue.
The third quarter, which was JPY 10.4. There has been a significant decline. How are we maintaining our revenue? From margin, trading, the open interest, the credit balance, and the financial revenue increased significantly, or rather, the investment trend balance, quarterly balance was record high, and investment trust fees comparing year-over-year increased 9.5%. FX business trading revenue has become one of the pillars of revenue. Perhaps for customers, if you realize this, I believe that we will be able to achieve 20 million soon. From 10 million accounts- 20 million accounts, it is not difficult to reach that level. What is going to be challenge for us? That is systems. In order to address systems issue, in January, we have established joint venture with Simplex, SBI Simplex Solutions.
This company was established, which was incorporated on February 28th, and the capital and business alliance was formed and signed in January in 2023. By doing this, we are strengthening the system so that we can accommodate as many as 20 million accounts. When the number of customers increase, for example, the customers who open the account with SBI Securities, many of them are actually neophytes or novice. They may be interested in doing some other transactions, such as margin trading or IPO trading within SBI Group, for example, purchasing domestic and foreign bonds or FX, and also foreign stocks and so forth. They will increase transactions within the group.
Exceeding the boundary of group, there is the outside and inside of the ecosystem of the group of SBI, the customers may be migrating to different entities. On the contrary, the customers within the ecosystem of the group may be interested into this area as well if the commission is now zero, and then they may be interested in transcending the borders of the ecosystem. Collaboration with SMBC Group now moving to the next phase. We have been doing many things. I myself believe that this mobile comprehensive financial service of SMBC Group is providing a leave. For us, this is really appreciated by us.
In this, SBI Securities is a main provider of online securities and with Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui cards application can be utilized in order to provide the very highly convenient securities related services through their applications. V points can be applicable and acquiring 2 million securities accounts in the first 5 years and in 3 years, JPY 50 billion in amount with accumulated funds through credit card in 3 years will be achieved. This is what we are aiming at, and we are currently discussing on the measures to be taken. So far, what kind of customers we have acquired so far based upon our analysis? More than 50% of customers inflow from Olive are under 20s, and more than 90% of customers of inflow from Olive are neophyte investors.
For us, this is what exactly what we wanted to acquire. With this alliance through Olive and Sumitomo Mitsui Card, and also Sumitomo Mitsui Bank, it is now possible to get the brokerage from them. So to speak, Sumitomo Mitsui banking brokers customers have relatively high income and a financial asset base with rich experience in investment. Also age brackets are relatively higher. We are aiming at the further expansion of the multipoint ecosystem. Rakuten is making its own Rakuten ecosystem to encircle customers within their ecosystem, we are touting the multipoint ecosystem, T Point and V Point and Ponta Point and d POINT, and so forth. We are expanding our alliance and partnership with various partners in order to carry through multipoint ecosystem. This is the multi-card strategy.
Through credit card, customers are now expanding accumulation funds through credit cards. At the end of March 2023, now JPY 18.2 billion has been accumulated through this scheme. We are working towards expanding business and financial corporate clients by leveraging the diverse management resources of the SBI Group companies. Rather, so far, we have been targeting individual retail customers. Now, when we decided to buy Shinsei Bank, and one of the significance of buying Shinsei Bank was to expand the corporate market business, and also the financial institutions with whom we have partnered. Furthermore, there are various measures to strengthen the partnership. This acquisition can be one of the measures to strengthen partnership with financial institutions.
That's what I said to my people, and now at last, we are embarking on the expansion of, or entry into our corporate market. As I said earlier, underwriting, we are making very stretch approach so that we will avoid making the losses and making the customers who buy happy, and also the issuing companies will become happier, and we needed to promote underwriting in that way. For insurance business as well, we are trying to meet the needs of corporate partners by expanding the products and services to meet those needs. Anyhow, with the diversifying customers, and one of the big factors for this is to aim at gaining business with financial and corporate clients, we needed to expand and build this customer base in this segment thoroughly.
All the entities in our group will come up with their products and services in order to approach and attack the corporate market clients. Securities business. The underwriting share in IPO is 98.9%. From April 2022 through March 2023, there was 93 companies. We have been able to become the lead manager for 15 companies, and 98.8% underwriting share. Also, we are focusing on the underwriting business for corporate bond. For the electric power company bonds, we are asked to lead the management of the underwriting lead manager. There were 15 companies. As lead manager, we were engaged in the dealings between April 2022 through March 2023. What is necessary in targeting the corporate market is the M&A advisory.
M&A advisory division was established within SBI Securities and supports that the one is set for the FY 2018. 7.5 times of the advisory revenue was gained for fiscal year 2022. I believe that this has been announced today. Tsuji Hongo, with whom we have been doing a lot of cooperation, M&A solution of SBI and Tsuji Hongo M&A solution, we are going to merge together so that we'll be able to strengthen M&A for business succession. The timing of the merge is October 2023. For corporate markets, the FX market and OTC trading of currency-related derivatives, including futures and options, in this segment, we have been working with Mrs. Watanabe or retail customers, but now we'd like to increase corporate customers. Corporate market.
Daily transaction value is 74 trillion JPY. This represents huge market. The integrated private REIT investment in the broad array of real estate. In order to do this business, on 8th of May, we announced that SBI Private REIT Investment Corporation shall be established. 1,100 billion JPY in 3 to 5 years, and 500 billion JPY in 10 years. That is the image of the fund size. When I was in New York. I don't think that there are many Japanese people in your business negotiation, equity and bonds are not enough, cash management needs to be added, also management of the property needs to be added. These sections are must in approaching customers.
REIT or private REIT, I thought that this will be the best approach. Therefore, we decided to enter into this segment. We are increasing corporate and financial customers through collaboration with the SBI Shinsei Bank group. There are Atlas, Lake, and Service, others in... We have been increasing the lease and others by having the organic synergy so that we will be able to expand significantly the customer bases in the corporate finance areas. From SBI Shinsei Bank to investees or SBI Securities, the loans and the investment, 51 transactions have been already executed amounting to 109.2 billion JPY by SBI Shinsei Bank for venture debts and investments and loans to investees. We would like to increase this.
Atlas Wallet is quite easy to use and a very good system, I believe. For example, for those who are considering the issuing the new application, white label plan can be offered. For those companies already offering apps, embedded plan. These two plans are offered. By doing so, BaaS, various ways of BaaS, will be provided. This is what we would like to do. The insurance business continues to actively promote products development, provision of services to meet the needs of corporate partners. For example, Atlas will deal with the SBI Insurance and life insurance products to meet the needs of the customers. SBI Insurance will utilize the service Castella of the Sumitomo Mitsui Card to commence the automobile insurance solicitation initiatives.
SBI Insurance has started providing special automobile insurance for BYD, an electric EV car manufacturer. There are various products and services to be deployed. A funeral service company and a pet service company and a bridal-related service companies. Through these companies, we are forming a partnership in order to provide our products to expand our customer base. SBI New Corporate Services for corporate clients, this company provides business matching services for corporate clients. In May 2022, a so-called Value Place was established and launched, there are over 25 diverse categories are provided in order to provide selected corporate services. Companies can have options from this, or the second round of a business matching in various ways.
Uh, for example, web, uh, uh, operators and HRs and also for general affairs and for salespersons and HR staff and so forth. As you can see here, uh, this is very convenient, and nearly two hundred services from around one hundred companies are listed here. Uh, number five, promote cooperation with regional institutions. Uh, the track record of cooperating with regional financial institutions promoted by the SBI Group. Uh, we have been having, uh, special relationships with the regional, uh, banks, these nine banks. With them, of course, there are differences in the amount of the capital relationship. Uh, we have been had very close, uh, relationship, and, uh, we have been helping them out, uh, with, uh, providing them with abundant, uh, capital.
Moving forward, not limited to these nine banks, but given the experience with the nine banks, we are going to target all regional financial institutions, regardless of whether a capital relationship exists or not, and strengthen the business alliances because there are 100 regional banks. If we include the 80 trust credit banks, there are more. In various areas, we can provide the services.
There are banks or institutions that thought they have to have a capital relationship, but we are saying that that is not necessary anymore. That's what we are talking about. Even up to now, without the capital relationship at SBI Securities, they have a relationship with 49 companies in terms of a partnership. Out of that 40, it's only business alliance, no capital alliance. The red writing is just for business alliance. If you look at only capital alliance in financial institutions, how many are they? We, till now, in various forms, have been providing our management resources. The number of that is a very large number. Our Wealth Advisor is 158 companies, and out of that, 142 are without any capital alliances.
The management of private investment trust for proprietary fund management of regional financial institutions, we have approximately JPY 2.1 trillion. Out of that, about JPY 1.43 trillion is coming from the institutions we do not have a capital alliance with. We are showing the change in the number of accounts and customer deposit assets through financial instruments, intermediary services. The regional financial institutions in this way is increasing the amount of deposit assets and also the number of accounts. A Money Plaza. This red writing, we do have the capital alliance. The black letters, we don't. The deposit assets is increasing steadily. Capital alliance, SMBC and Nikko Securities, we do have that.
SMBC Nikko Securities has 1/3 of SBI MONEY PLAZA. They are seconding, dispatching people into 13 branches. We are having their personnels assigned. They know about securities, they are familiar with the transactions. Those are the people that are assigned to these shops. For the insurance and life insurance, this as well, 100 companies, of which 29 are financial institutions, decided to adopt SBI Insurance products. For SBI Life Insurance, 82 regional financial institutions, of which 19 are regional banks, have decided to adopt or have started sales of SBI Life Insurance's group credit life insurance. SBI Life Insurance is actively involved in providing group credit to the general incorporated association, Zenkoku Danshin Suishin Kyokai, and we're promoting this group credit.
There are 60 institutions and organizations that are members of this association. The regional financial institutions are utilizing the cloud technology at a maximum, and we are providing the economies of scale on a nationwide scale regardless of business type. The SBI NEO FINANCIAL SERVICES is providing the banking apps. This SBI NEO FINANCIAL SERVICES, the banking app itself, we are making the bank teller functions into mobile. With just this, it's like a net banking. Currently, in this way, Shimane Bank, they are increasing their customer numbers by large. Up till now, they were struggling to increase the deposits, and with this app, they're able to increase their number of deposits, and they are very happy about it. Actively propose innovative banking systems to regional financial institutions with no capital relationships.
Currently, there are various challenges of conventional systems. We, in a nutshell, we are helping them to switch huge system costs from fixed to variable costs. In order to do that, we have a business alliance with Future Architect and SBI Regional Revitalization Services. On the cloud basis, using the Amazon cloud, well, it's called AWS, by utilizing that, the core banking system, accounting system, the next generation banking system we have created. For 10 years, what was not changed, we spent a lot of money, we depreciated that, and that was pressuring the profitability. The banks who have been doing that, but switching it from the fixed cost to the variable cost is the way to go, is what I have been saying from the beginning.
Thanks to the Future Architect, we are being able to do that. The Fukushima Bank and The Shimane Bank have decided to adopt it. By 2030, we are aiming to have 10 regional banks to adopt this. If we're able to do that, we will endeavor to level out the system cost burden through an annual fee model and return profits through dividends to investors. With the common ATM services. When we change to this system I have explained, we have to have SBI common ATM and service. Why do they have to spend money on their own unique ATM systems? Because the bank book is different. No, I just say, "Why don't you make it the same?
That's what you need to do. An expansion of the corporate client base through thorough promotion of the triangle strategy. Well, I myself with this SBI Group and with SBI Shinsei Bank Group and regional financial institutions, utilizing each one of their strengths, we're saying to expand the management of the regional financial institutions. Well, I call it all three as one triangle strategy. Through that, the structured finance example is the best way to increase a corporate customer base. With this way, and various banks and regional banks are saying that they want to participate. Realizing regional revitalization by involving diverse stakeholders, not just regional financial institutions, not just the financial institutions, but the local companies.
You can actually discover the local companies through the regional bankings. This SBI DX database, we have the regional financial institutions utilize this, for example, in manufacturing business, in restaurants this way, and they are categorized in various genres. In our group or the companies that we have business with, 50 companies are participating, and we are providing them with the data. What they do is they look at this, and the regional financial institutions can utilize this in various ways. Introducing that is the role that the regional financial institutions can play. We have nine collaborating banks, restaurants, operations, what can they do to make your operations smarter and more efficient?
If the banks are consulted this way, they can show the database and provide advice and to strengthen their consulting capabilities. Why don't we incorporate ChatGPT is what I am saying. ChatGPT itself, just looking at myself's data generation, I'm from Hyogo Prefecture, but it says I'm from Okayama Prefecture. There are some inaccurate statements, especially the ones related to Japan. The ones in the United States are quite accurate. My name's database in Japanese, but the information is more accurate in the U.S. ones. Mr. Son is trying hard to create a new ChatGPT. However, it has to be accurate and precise. It has to be.
Various type of informations, something I have mentioned previously, the information has to be an accurate information. It all will be a negative. It will not be a positive factor if it's not accurate. Therefore, our information, the accuracy level is quite high. The local companies digitalization is what we are supporting. There is over 400 of projects to business discussions reaching fruition in dozens of cases. We have this Seikyu Click, Expense BANK, and Approval Time. Each one of them are quite popular now. From the Because they have to do it due to the invoice system or the Electronic Books Preservation Act. On the tablet, they'll be able to complete it. The cloud type-based invoicing system.
We have 2,100 companies that have applied. Keihi BANK, Expense BANK, a cloud service compatible with multiple devices for streaming line expense settlement and invoice payment, and Approval Time. Shonin TIME is also a multi-cloud basis. By using this, various approval workflow and document retention can be all concluded on the cloud. We're not in the times of doing this on a paper. Everything is switching over to digital. The net securities are saying, the five major securities companies saying such things even now is like, "What age are you living in?" is my impression. Strategies of realizing regional revitalization have moved apace where local governments and local residents are also involved in promoting projects.
Various financial know-how and expertise, various financial-related management resources is what I am always talking about and what we're doing. With just that, the regional revitalization is difficult. We have created a company, Regional Revitalization Partners, and we are receiving guidance from them. The actual execution team is SBI Regional Revitalization Partners. We are making investments and loans to the regional businesses or the system company that I've mentioned before. We have established such companies. From there we have started and for example, the ERE. The EReS has changes the waste into energy quite efficiently.
There's a government ordinance, a city in Hamamatsu, and we have created one plant there. Various people are visiting. In the private company, private sector company that are handling paper products, they have implemented that. They have the pyrolysis treatment of the waste at a low temperature and pyrolysis treatment of combustible gases generated during this. Their carbonized fuel is cooled and discharged at 50%, and that is fed to the power generation equipment, and that is converted into electricity. That is the key. We have ownership of 50% of Japan charging infrastructure because everything is going to be changing into EV. Therefore, we have to install charging devices more. Our characteristics is that we want to have that installed in the roadside stations.
The number of locations, 230 of Michino Eki, which is roadside stations, and total of 249 units installed. It's not just the charging, but we would like to make these roadside stations the disaster prevention locations. If there's a disaster, they can go there, and they can charge electricity. I'm hoping that this can be done with the EReS. This regional revitalization with just the regional financial institutions is not sufficient. These type of companies, all of them, have to be involved, and we are conducting our initiatives in such way. This was quite of a hot subject and was covered on TV.
This Balnibarbi, which is listed under Mothers Exchange, together with Shimane Bank and SBI Holdings, the local core company, Izumo Attractive, they have teamed up together to create this hotel. From Izumo Shrine, if we have the people actually visit this area from there, create that flow, this is going to be quite of a good tourist resource because it's an inconvenient place to reach. Yesterday I say, "You should have a shuttle bus running that you can go between these venues." We call it Izumo, then which means is that the clouds come out, so usually they don't have that much of a great weather. Cloudy weather is quite often. There is the Izumo Shrine, and there is the Shimane Castle.
The fish cuisines are tasty. Not many hotels. If you go over here, there is this Iwami Cliff Area. The cafeterias is already created, and they are selling quite tasty items. I did visit there as well. Expansion of the customer base, both within and beyond the financial businesses by promoting SBI Sumishin Net Bank's Neo Bank initiatives. Customer using business services of partner companies also have access to ancillary banking functions from SBI Sumishin Net Bank. They act as the behind-the-partner companies to create a framework by which service can be used by both smoothly and seamlessly.
There is the Muda Holdings, CCC Marketing, Japan Airlines, Open House, SBI Securities, Takashimaya Company, Dai-ichi Life, the Fighters Sports and Entertainment, GA Technologies, Nomura, Mitsubishi UFJ, KL Corporation. Each one of them have quite of a large customer base. To those companies, as the back of the scene partner, we provide these services.
You might think that we might be profitable through these initiatives, but now we are being profitable. Going forward, for banks, they shouldn't just stick to conventional ways of doing business. Diversification of financial products and services is the next slide. In the securities business, we are making efforts to increase customer satisfaction to acquire new customers by diversifying products and services, capturing the trend of from savings to asset building. We are starting to see this trend pick up. By taking this opportunity, we would like to try to grow this business at once. For example, for equities, foreign stock services, we would like to expand this substantially. For Japanese equities, how many people are thinking that it will be fine? Actually, there aren't that many in reality. The reason is because it's just Japan where interest rates haven't gone up yet.
People are feeling that it will eventually rise. It will definitely rise. What's going to happen then in that phase? That's what we're talking about here. That is why, whether it be Nomura, I used to work there, Yoshihisa Tabuchi. That was the President back then. He was a great person. Japanese stocks were going up, and they were saying that it was going to reach JPY 40,000. And President of Nomura can't say Japanese stocks are dangerous. He said GAA, global asset allocation, that we should start to expand in allocating assets globally, GAA. That is why he started to recommend European shares or American shares. He also talked about going to bonds instead of stocks. They were trying to create that trend.
Unfortunately, the next president was in charge of bonds originally, but was not a good president, so they were not able to see that trend take off. For SBI Securities, foreign stock trading volume and revenue shown here. Trading volume has been reaching record highs, and revenue remains high as well. SBI Wrap, fully automatic AI investments. Over 13 months, AUM went up to JPY 35.4 billion and around 69,000 accounts. It should be higher than that. Real estate small lot beneficiary interests are shown here. The cumulative amount is growing. We have investments in various real estate companies. We partner with various entities, and we had a dinner the other day. They will work hard for you, basically. NISA, iDeCo, the system is going to expand.
It's going to turn into a permanent system, and the limit has expanded. With that as a backdrop, we have overwhelming command in this part of the business for the number of accounts in particular. Out of the number of new NISA customers, new customers are 82.4%, and within that amount, 74.7% are novice investors. For Junior NISA share, we have 30% market share, which is overwhelming as well. The excluded deemed discontinued accounts is the case why Nomura Securities saw a decline. We also do that, but we have been seeing an increase in accounts. There was somewhat of a deceleration in its growth. We are still growing. This is about iDeCo. From May 19th, 2017, we have made iDeCo administrative fees completely free of charge.
Resona is saying that they're going to do the same now, but we started back, way back in May 19, 2017. SBI Securities is overwhelmingly, once again, the industry leader in the cumulative number of individual defined contribution plan customers. It used to be Tokio Marine, but then after, the trend has changed. The expansion of customer base by NISA iDeCo brings a positive effect to SBI Group companies, especially in the asset management business. SBI Asset Management, in September 2019, it started a low-cost index fund, the SBI V-Series, together with Vanguard. Net assets surpassed as of end of March JPY 1 trillion . SBI Asset Management started to offer from December 2017, SBI Global Equity Index Fund, and it surpassed JPY 100 billion in net assets. I call it snowman, Yukidaruma, but it's for Yukidaruma.
For Rheos Capital Works, the Hifumi series that began offering from October 2008 surpassed a cumulative of over 1 million holders. SBI Shinsei Banking Group promotes diversification of products and services by strengthening cooperation with the SBI Group. It's basically providing products that contribute to solving social problems like green bond and sustainability deposits and so forth. Cooperation of financial intermediary and banking agency sectors. For SBI Shinsei Bank, connecting it with securities, we're trying to make a seamless situation, and we're trying to cross-refer customers to one another. From SBI Shinsei Bank to SBI Securities, compared to 2022 August, the volume of customers sent is 2.6 times higher, and the other way around it is 21.6 times higher.
You can see that By connecting with SBI Securities, it will really help in expanding the customer base. You could tell from these numbers. Also, SBI Shinsei Connect, the automatic deposit and withdrawal service has started. Also, our Money Plaza joint branches, we currently have three AUM. In seven months, it has exceeded JPY 10 billion since the start. This is SBI Shinsei Bank Group with ARUHI. It used to be SBI Mortgage, but we released it once, and then we acquired it once again. And now it's in our group again. On a standalone basis, ARUHI did well at times and didn't do well in other times, I believe. We left the good parts of the business so that we could refer more customers and expand the business even more.
That is how we would like the two to cooperate even more. For the crypto asset business, we can't just be sluggish with this business. We need to accelerate the business. Based off customer-centric thinking, we are implementing measures for the crypto asset business as well. We feel that this is what we need to do. We would like to have a product lineup that are unique to the SBI Group and expand them, and we would like to provide easy-to-understand products and services, and strengthen crypto asset management services such as expansion of staking services, et cetera. We would like to basically increase, what we offer. March end 2021 through March end 2023, the number of customers have increased by fivefold.
The red highlighted areas are areas that we newly engaged in in order to offer more services to investors. BitPoint is now our subsidiary, and we have been engaging in various types of business areas. Relatively speaking, I would say that for cryptocurrencies, they were more ahead, to be honest, and that is why we acquired the entity. Mr. Tashiro was a very competent person. SBI VC Trade and BitPoint, the exchange business, in order to fulfill diversified customer needs, we would like to expand services and make improvements. Staking services are something we would like to expand. In the industry, we are ahead in doing delegate services and flare token wrap services. For BitPoint, it has been able to be ranked number one in customer satisfaction, et cetera, et cetera.
In various ways, we would like to expand and improve the business. Regarding what is staking services, it is basically Proof of Stake schemes. It is the reward for depositing crypto assets. If I go into detail, I could go on and on because then I'll have to start talking about what is Proof of Stake. I hope you could search this by yourself. For the financial business, this will have a good synergy effect as well. This is something I would like to promote even more of. We are doing M&A of the crypto asset business as well. HashHub is a research service for crypto assets in Web3. We made this acquisition and also the acquisition of BITPoint.
We used to own 51%, we turned it into a fully owned, wholly owned subsidiary. Regarding diversifying business fields, I touched on this earlier, for the asset management business, we would like to position as a core business. Through M&A and joint ventures during fiscal 2027, we would like to aim for JPY 20 trillion assets under management. For assets under management, there are a lot of listed company shares as well. As an investor too, with listed companies, we would like to strengthen our connections with them. The environment surrounding the asset management business, we would like to understand it well. During Fiscal 2024, we originally have the target of reaching JPY 10 trillion for this year, and we're currently at JPY 8 trillion. We're pretty much, close to JPY 10 trillion already.
We are approaching a major turning point in Japan. We had the 20 million issue, people questioning whether we're going to be all right, when we retire, but now we're entering a phase where interest rates are likely to rise. People are questioning whether the Japanese economy is going to be fine. For taxes, defense expenses are going to probably continue to go up. For children, they're talking about all these subsidies, and they're having a competition between the ruling party and the non-ruling parties. When you think about, the fiscal position of Japan, they're neglecting primary balance. What the heck is going to happen to Japan as a country?
GDP per capita is continuing to decline. It's going down and down. The economic positioning of Japan compared to when we were young, it is going down. Many things are. Is Japan okay? Whenever Kishida-san goes abroad, he's using taxes, taxpayers' money, and he's spreading it globally. Is Japan in the position to do that? I'm really concerned about the future of Japan. That is why we need to defend ourselves. 54% of personal financial assets are held at deposits, but interest rates for deposits is close to 0. Depositing your money at 0 rates, is your future all right? How should you manage your money? Unless you manage your money, the future of Japan is in a critical state. Mr. Ueda now has taken the helm of the BOJ from Kuroda-san.
For ETFs, it's the BOJ that is the largest holder of ETFs. Most of the names have the BOJ as the leading shareholder. They're saying they're going to trade it mark to market. What's going to happen if they are affected by a major loss? They all probably say, "All we have to do is print bills." Each and every one of us in Japan needs to manage our money in order to protect our livelihoods. Finally, they're talking about teaching children about managing their assets through public education. They were saying before that they weren't teaching our children before, and they were trying to think that people will be able to come to terms with what they were supposed to do with their money. Are you able to design your future without learning?
SBI Asset Management's index funds has steadily increased. In one year, it increased by 50.3%. The mindset of people personally has started to change around asset management. I think people are thinking increasingly that they have to defend themselves. For regional financial institutions, why? Without having any capital relationship, 69% out of JPY 2.2 trillion AUM, 69% are from those business financial institutions without capital relationship with us. Well, until maturity, if you hold the government bond, if you hold them to the maturity, you will not make loss. That was the mindset in the past, but it's not the era as such. IFRS is now applied to come up with the business performance across the board, and now what will happen?
They're saying that this the government bonds held for maturity will be fine. The government is doubting this, but this is not the case. You needed to keep the transparency. I think that is the starting point for everything. Therefore, how can we realize the improvement in this situation? Global asset management group of SBI has JPY 4.7 trillion as investment assets now as the balance. Through organic growth and use of M&A now, JPY 7.9 trillion is achieved as the balance now. In asset management business, which is approaching a major turning point, the company had set a new goal of achieving JPY 20 trillion in assets under management by fiscal year 2027, and it is promoting M&A and establishment of joint ventures to expand its earnings base.
The interest rate trend, of course, the global interest rate is rising rapidly except for Japan. The change is being seen in relationship among traditional asset class, equities and fixed income. Well, for both asset classes over the past 15 months, there is no not much diversification benefits. Therefore, more sophisticated technology for asset management needed to be deployed by people who are versed in those skills, so there is a need for further sophistication in asset management. To acquire quality asset management and also sophistication and to build our global asset allocation structure, you needed to acquire quality asset management companies and strategic alliances. Together with PIMCO, over many years in the past, together with the government of Singapore affiliated companies, PIMCO had a joint venture and but that went bankrupt. Since then, PIMCO has never established a joint venture.
Douglas Hodge was the CEO of PIMCO. He negotiated with me, for the first time, after a long interval, they established a joint venture with us, the AUM, it reaches JPY 1.2 trillion. Vanguard as well exceeds JPY 1.2 trillion in AUM with us. Alternative assets management needs to be promoted. We needed to find a partnership with quality company in this area as well. JPY 20 trillion in by the end of fiscal year 2027 is the target. In Japan and outside of Japan, innovative technologies needed to be deployed. We have to develop new business areas such as Web3 by incorporating innovative technologies. For ST as well, I think it is becoming more visible. This is security token. Now there is a voluntary self-regulatory organization.
I led this initiative saying that we needed to establish this kind of organization. We are leading the leadership of the Japan ST Association. I am the president, and now the 72 companies have become members of this association. Digital Asset Co-Creation Consortium contributed to the formulation of the proposal on digital securities PTS at consortium. We also led the move towards the collaborations through between the Osaka Digital Exchange, which was led by us. There are five initiatives as the track record of ST issuance led by us. The property or real estate backed ST, I believe that this is the key. I believe this will further expand significantly going forward.
Issuance market as well as distribution market, once this ODX is established, we believe that these markets will start functioning, it is expected that the markets will expand explosively. This is the capital relationship in the ODX. We own 70% and SMBC 20%, Nomura Holdings 5%, Daiwa Securities Group holds 5%. We are inviting 3 foreign capital affiliated companies. We are reaching the final stage of negotiations. I will be able to announce soon. In earnest, in Osaka, ST Digital Securities PTS starting operation, which I believe will lead to the creation of the market. That is what I would like to see. Over the coming 3 years, over the past 3 years, due to the COVID-19, we have been able to move in Osaka.
We would like to try to make Osaka as the international global financial center. We are taking bolder steps now. Through SBI VC Trade, we'll endeavor towards growth of institutional client base by strengthening its Web3 related business. Well, this SBI Web3 Wallet is very good. NFT accommodated, you know, custodial wallet. This is the first ever in Japan, there is no need for managing wallets and buying and sending crypto assets for purchasing NFTs. I believe this is excellent and convenient. For corporate customers, SBI VC Trade for Prime, the provision of this SBI VC Trade for Prime has been started. Blockchain games as well. I believe that this will become more and more popular, and this is being developed at Gooby as well.
Other than that, the unique game-specific blockchain is developed, and we have been making the capital and digital partnership, also we have formed a such partnership with Turingum as well. Related to crypto asset, we are going to build this kind of ecosystem. SBI NFT brings the world of Web3 closer by enhancing corporate clients developing their NFT business. Token Connect. This is to offer all functions such as issuance and posting and purchase and management NFTs on the web API. Celebrities may drop down the graffiti, and that can be sold as NFT. I'm looking forward to what kind of graffiti will be sold through this. Securitize Japan is partnering with us in order to provide the new digital securities in the Web3 era.
This will be provided as the STs with privileged NFTs. As the digital benefits or privileges NFTs will be applied, we endeavor to establish a system to trade digital assets globally in cooperation with partners. In Singapore, we have started already various activities because of the institutional and legal systems which are easier in Singapore than those in Japan. We have been talking with the regulatory authorities of financial services, and JFSA as well is getting the information and saying that they are ready to participate, and SBI Digital Markets and SCB Securities. There has been investment by its subsidiary, and AsiaNext, SIX Group in Switzerland is joining in this scheme. The largest scale of the global Corridors is going to be established.
There was no custody, but Zodia Custody, which is a company in the U.K., we are investing in this company. Furthermore, we are going to establish the Japan entity of this company. Targeting the institutional investors, we plan to offer digital asset custody services for them. One by one, we need to build infrastructure pieces one after another. SBI Traceability. This is well-received recently. For example, one of the leading products from Japan, sake or nihonshu, with breweries. For example, at Born (Kato Kichibei Shoten) and the premium line of Niizawa Brewery, and at the Tokisake Association. This, to authenticate, this is that this is the genuine product from these breweries, like, through digital pairing in order to authenticate and the genuity, genuine nature of these products.
This can be offered for export market or Pan Pacific, which is running the Don Quijote in the DON DONKI, Thailand. They are selling the strawberry from Kumamoto Prefecture, introducing SHIMENAWA. SHIMENAWA is to sell these products, saying that this is truly from Kumamoto. If they are produced from Japan, they believe that this is good things, they are ready to pay money for them in Thailand. We are taking various measures to increase awareness among the digital generation through games, et cetera. The other day, NEXUM 2023 was held by SBI Neo Festival. Over 260,000 participants are viewing on the show, stream alone.
At least 80% were members aged 34 or under, and over 3 million participants participate, deemed to be participate if individual streaming by competitors are also counted. This was the first ever initiative and trial in the digital space era. Branding has been tried in this way. This was very effective. SBI Gaming Kids Day with Pokémon UNITE. Over 1 month, 150,000 was surpassed in terms of the number of views, and also the percentage of female viewers exceeding 30%. This was really effective, and cost effectiveness was overwhelmingly better than others. The esports competitors, they are performing very well, winning the trophy, and approximately 2.93 million per 90 days for the number of unique viewers. It was quite effective. It was good to create this.
Gumi, as I said, we started to invest into this entity. As soon as possible, we like to asking them to complete a blockchain game. Jungle is a quite interesting venture or startup company in Singapore. It is not allowed because of the gambling law prohibition in Japan. We still have such old law which prohibit us from doing this. You don't have to care about such law in Singapore. This is the important announcement. I'd like to talk about the TOB initiation for SBI Shinsei Bank. I don't think that it is important to explain this background. There are a lot of things in preparation for the TOB. Once it is done, our shares stands at 50.04%. That is it.
Now, TOB will be done again.
Excuse me. I have been talking over 2 hours. I have a sore throat now. Excuse me. Ms. Morita, could you please speak on behalf of me? Microphone is not on for you.
I am the Representative Director, Morita of SBI Regional Bank Holdings, and I'd like to talk about the background relating to TOB and also overview of the TOB here today. Starting from today, or rather, we have made announcement today. From the 15th of May, we are going to start the TOB process.JPY 2,800 per share is the price for TOB. This time, if you go to the next page, you will see the trend of the share price and the premiums. Next page. We're showing the transaction scheme. See transaction scheme. SBI Holdings now holds 50.4%, and the Deposit Insurance Corporation and Resolution and Collection Corporation has 22.98%, and the other shareholders, 26.98%.
Through the TOB this time, us, SBI, and the Deposit Insurance Corporation Resolution Collection Corporation only will become the shareholders. After TOB, we will add the squeeze-out. With this, we would like to bring it to delisting, and the shareholders will only be the government-related institutions and us, is what we assume. Regarding this time's TOB, we have not set the minimum. Basically as a TOB, it is going to succeed, and up to the squeeze-out, the flow, the Deposit Insurance Corporation and Resolution Collection Corporation, with them we do have an agreement. Towards this TOB, the government shareholders, they will not respond or apply for the TOB.
pon this point, and regarding the following squeeze out, they do agree, and that is agreed upon in an agreement. The last page, I believe, these are agreed items between the subjected entity and the government-related shareholders. SBI Shinsei Bank, through this TOB, has shown their agreement, and they are recommending the shareholders to apply or respond to this TOB. After that, the aim is the privatization, and the medium to long-term management strategy is going to be built and executed as Mr. Kitao explained before.
We are in economic situation that is full of uncertainties, and within that situation, we're going to pursue more synergy and reduce the listed maintenance cost and have a planned location of the optimal management resources. We believe that synergies and benefits can be realized. The government-related the government shareholders have recommended to participate in this TOB. As the condition that this is not going to change, they are not going to participate in this and regard they are going to exercise the four resolution towards this item regarding squeeze-out. We will be able to succeed in this TOB is what we assume.
Regarding the road to the repayment of the public funds, basically, we have clearly stated the yen to the single digit. After the squeeze-out is done and the privatization is done, by June, end of 2025, we are going to agreed on the specific structure of repaying the public funds. Regarding this Deposit Insurance Corporation and Resolution and Collection Corporation, both institutions have disclosed about this at 4:00 P.M. Japan time. The memorandum will be able and the specification document of the TOB can be read on their website. You will know what the details are, but the basic content is as I have explained.
From here, we would like to bring it to TOB, squeeze out, and delisting or privatization. That is all for the explanation. Thank you.
That's where we are. Nothing more, nothing less.