Wilson's approach to renormalization group is reanalyzed for supersymmetric
Yang-Mills theory. The usual demonstration of exact renormalization group
equation must be modified due to the presence of the so called Konishi anom
aly under the rescaling of superfields. We carry out the explicit computati
on for N = 1 SUSY Yang-Mills theory with the simpler, gauge invariant regul
arization method, recently proposed by Arkani-Hamed and Murayama. The resul
t is that the Wilsonian action S-M consists of two terms, i.e. the non anom
alous term, which obeys Polchinski's flow equation and Fujikawa-Konishi det
erminant contribution. This latter is responsible for Shifman-Vainshtein re
lation giving the exact beta-function.