Establishment of New Joint Venture Company between SBI Group and SMBC Group
SBI Holdings, SBI Securities, Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, and SMBC Nikko Securities announced on June 16, 2025, the establishment of a preparatory company to plan and provide new joint services, subject to approval by relevant authorities. They have now established Olive Consulting as the next step in implementing that strategy.
Olive Consulting will provide a new asset management service called "Flexible Consulting" starting next spring. This service features human consulting by advisors from SMBC Nikko Securities and Sumitomo Mitsui Bank who belong to Olive Consulting.
Shareholder Structure
- SBI Holdings: 10%
- SBI Securities: 30%
- Sumitomo Mitsui Financial Group: 10%
- Sumitomo Mitsui Banking Corporation: 20%
- SMBC Nikko Securities: 30%
Business Activities
- Planning, development, operation, and management of applications, systems, and services
- Planning, operation, and management of consulting services related to asset management and life planning, etc.
About Flexible Consulting
Multiple Consultation Channels
- AI Chat: Available 24 hours, 365 days
- Human Consulting: Chat, phone, and video calls
- Olive Locations: Face-to-face consultations at Olive LOUNGE and other locations
Choice of Consultants
- Ability to select advisors that match your needs based on skills and areas of expertise
- Option to choose a dedicated advisor from the second consultation onwards, with possibility to change
Your Personal Expert Team
- One-stop support for all money-related concerns
SMBC Group and SBI Group Partner for New Asset Management Services in “Olive”
Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, SMBC Nikko Securities, and Sumitomo Mitsui Card Company, together with SBI Holdings and SBI Securities, have concluded a “Business Partnership Agreement for Individual Asset Management Services” for the purpose of jointly creating new asset management services for Olive. Furthermore, based on this
Norbert Gehrke
