Satoe Kusakabe

SBI Japannext Co., Ltd. operates an online trading system. It creates a proprietary trading system venue to replicate the electronic connection networks in the United States serving as an after-hours market for online users. The company was founded on November 8, 2006 and is headquartered in Tokyo, Japan.

SBI Securities Co., Ltd. is the broker/dealer subsidiary of SBI Financial Services Co. Ltd., itself a subsidiary of SBI Holdings, Inc. (TYO: 8473) in Japan. The firm was founded in 1944 as SBI eTrade Securities Co., Ltd. and changed their name to SBI Securities Co., Ltd. in 2008. Headquartered in Tokyo, SBI Securities provides securities trading, underwriting and private placement services, which are offered through the Internet and call centers. Besides domestic stocks, the product lineup extends to investment trusts, foreign stocks, futures and options, FX (foreign exchange margin trading), domestic and foreign bonds, etc. to meet the various needs of investors, supporting efficient fund management of individual investors.