SBC Medical Group Holdings Incorporated

Last updated September 27, 2026

Organization details

Legal name
SBC Medical Group Holdings Incorporated
Former names
Pono Capital Two, Inc.
Ownership
Public
Status
Active
SIC code
8011 — Services-Offices & Clinics of Doctors of Medicine
Jurisdiction of incorporation
Delaware
Headquarters city
Irvine
Headquarters state / province
California
Headquarters country
United States
Fiscal year end
December
Ticker symbol
SBC
Primary stock exchange
Nasdaq

Identifiers

SEC CIK
0001930313
EIN
88-1263511

Board of directors

Chief executives

Yoshiyuki Aikawa · Director, Chairman and CEO
Since September 2024
44 CEO score

Weak · grade F

Out of 100, from shareholder return, dividends, growth and acquisitions.

Partial: only 35% of the scoring weight is on file.

Revenue growth 20%
19

-5.3% a year in revenue

Earnings growth 15%
76

9.1% a year in earnings per share

35% of the scoring weight is on file. Figures cover December 2023 – December 2025.

Director election results

Annual meeting of June 13, 2025. Support is votes for as a share of votes for and against (or withheld). Below 80% is a clear protest.

Board connections

3 of this board's directors also sit on 3 other boards.

Network of SBC Medical Group Holdings Incorporated's board connections New Horizon Aircraft Ltd. New Horizon Aircraft L... Pono Capital Four Inc. Pono Capital Four Inc. MEDIROM Healthcare Technologies Inc. American Depositary Share MEDIROM Healthcare Tec... Dustin M. Shindo Dustin M. Shindo Fumitoshi Fujiwara Fumitoshi Fujiwara Mike K. Sayama Mike K. Sayama SBC Medical Group Holdings...
Shared director Other board Same sector

Insider trades

All notable trades →

From SEC Forms 4 and 5. Open-market purchases and sales are highlighted; grants, option exercises and shares withheld for tax are routine.

Bought, last 12 months
$0
0 purchases by 0 insiders
Sold, last 12 months
$20,142,848
3 sales by 1 insider
Date Insider Transaction Shares Price Value
Apr 28, 2026 Yoshiyuki Aikawa Director, Officer (Chairman and CEO), 10% owner Open-market sale −465,000 $3.02 $1,404,300
Apr 21, 2026 Yoshiyuki Aikawa Director, Officer (Chairman and CEO), 10% owner Open-market sale −3,100,000 $3.02 $9,362,000
Mar 6, 2026 Yoshiyuki Aikawa Director, Officer (Chairman and CEO), 10% owner Open-market sale −4,422,900 $2.12 $9,376,548
Sep 30, 2024 Mike K. Sayama Director Other +15,000 — —
Sep 19, 2024 ZUU Funders Co. Ltd. 10% owner Open-market sale +6,196 $7.34 $45,479
Sep 17, 2024 ZUU Funders Co. Ltd. 10% owner Other +1,503,473 — —
Sep 17, 2024 Yoshiyuki Aikawa Director, Officer (Director, Chairman and CEO), 10% owner Other −1,503,473 — —
Aug 22, 2024 ZUU Target Fund for SBC Medical Group HD Investment Partnership 10% owner Open-market purchase +8,399 $10.51 $88,273
Aug 21, 2024 ZUU Target Fund for SBC Medical Group HD Investment Partnership 10% owner Open-market sale +4,755 $11.38 $54,112
Aug 20, 2024 Tomita Kazumasa 10% owner Open-market sale +5,000 $11.72 $58,600
Aug 19, 2024 Tomita Kazumasa 10% owner Open-market sale +70,000 $11.45 $801,500
Aug 1, 2024 ZUU Funders Co. Ltd. 10% owner Open-market purchase +888 $12.50 $11,100
Aug 1, 2024 ZUU Funders Co. Ltd. 10% owner Open-market purchase +1,599 $13.00 $20,787
Jul 31, 2024 ZUU Funders Co. Ltd. 10% owner Open-market purchase +12 $12.50 $150
Jul 24, 2024 Tomita Kazumasa 10% owner Open-market purchase +10,685 $13.00 $138,905

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