SBI Shinsei Bank Shares Soar 12% in Tokyo Trading Debut

The SBI Shinsei Bank Ltd. head office in Tokyo.
Photographer: Kiyoshi Ota/Bloomberg

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By Yasutaka Tamura

December 16, 2025 at 10:00 PM UTC

Updated on

December 17, 2025 at 6:42 AM UTC

SBI Shinsei Bank Ltd. surged 12% in its trading debut in Tokyo on Wednesday after raising ¥322 billion ($2.1 billion) in Japan’s second-biggest initial public offering of the year.

The stock closed its first trading day at ¥1,623, up from its IPO price, valuing the bank at about ¥1.5 trillion. It traded as high as ¥1,680, after the sale saw the shares priced at ¥1,450 per share, the upper end of the bookbuilding range. The IPO gave the lender a market value of ¥1.3 trillion.