SBI Securities Co Ltd, a consolidated subsidiary of SBI Holdings, Inc., plans to compensate customers for 50% of the damages they have suffered due to unauthorized access to their securities accounts caused by phishing scams and other crimes in the area of Internet trading services.

In connection with the implementation of this compensation, the company expects to record a total loss of approximately JPY 8 billion in the company’s consolidated financial results.

However, the company believes the impact on its consolidated financial results will be minor.