SBI Holdings to increase its stake in Double Standard
SBI FINANCIAL SERVICES Co., Ltd., a wholly owned subsidiary of SBI Holdings, Inc., will acquire additional shares of Double Standard, and as a result, Double Standard will become an equity-method affiliate of SBI Holdings.
SBI FINANCIAL SERVICES entered into a capital and business alliance agreement with Double Standard on December 26, 2019, and, as of March 31, 2025, held 2,662,500 shares of Double Standard (representing a voting rights ownership ratio of 19.73%).
As part of its efforts to further strengthen collaboration through the deepening of the capital and business alliance, SBI FINANCIAL SERVICES has decided to acquire an additional 55,000 shares through market transactions. Following the acquisition, SBI group’s voting rights ownership ratio will increase to 20.13%, and Double Standard is planned to become an equity-method affiliate of the company.
Double Standard generates and provides big data for corporates by leveraging its unique data cleansing platform technology. Utilizing expertise accumulated through collaborations with various companies in the data generation process, Double Standard functions as a planning and development provider that creates new services together with corporate clients. Within the SBI group, Double Standard, primarily through SBI SECURITES Co., Ltd. has delivered a variety of solutions by supporting the development and operation of business systems for Group companies.