The agenesis of the gonads and adrenal gland in revealed by knockout mouse studies strongly suggested a crucial role for <i>Nr5a1</i> (SF-1 or Ad4BP) in organ development. In relation to these striking phenotypes, <i>NR5A1/Nr5a1</i> has the potential to reprogram cells to steroidogenic cells, endow pluripotency, and regulate cell proliferation. However, due to limited knowledge regarding NR5A1 target genes, the mechanism by which <i>NR5A1/Nr5a1</i> regulates these fundamental processes has remained unknown. Recently, newlyestablished technologies have enabled the identification of NR5A1 target genes related to multiple metabolic processes, as well as the aforementioned biological processes. Considering that active cellular processes are expected to be accompanied by active metabolism, NR5A1 may act as a key factor for processes such as cell differentiation, proliferation, and survival by coordinating these processes with cellular metabolism. A complete and definite picture of the cellular processes coordinated by <i>NR5A1/Nr5a1</i> could be depicted by accumulating evidence of the potential target genes through whole genome studies.