JPX Monthly Headlines

JPX group companies undertake various initiatives and disseminate information with the aim of providing the most attractive markets to all users.
Every month, we showcase the highlights of these efforts in short and concise summaries just for you.

October

Oct. 2: JPX opened IOSCO's inaugural World Investor Week

The International Organization of Securities Commissions (IOSCO) held its inaugural World Investor Week (WIW) from October 2 to 8, 2017 to raise awareness of the importance of initiatives in investor education, investor protection across the world.
On October 2, JPX Group kick started the week with an opening ceremony to celebrate efforts in Japan and highlight the message of investor education, investor protection, and financial literacy. JPX Group will continue working to improve awareness in these areas among investors and the general public.

Oct. 4: Events in Celebration of Investment Day

October 4 is "Investment Day" in Japan. (This is because the numbers "10" and "4" can be pronounced in the same way as the word for "investment" in Japanese.) To celebrate the day, Japanese Securities Dealers Association, JPX, and other industry organizations, which participate in the Securities Knowledge Proliferation Project, hosted a number of seminars and exhibitions across the country again this year.
Aiming to continuously "promote and enlighten the public about financial and securities knowledge" over the longer term, the project continues its efforts to hold seminars and lectures for individuals and the general public, as well as providing learning materials related to financial and economics education at schools.

Oct. 10: Basic Agreement with Regional Banks Participating in the Shikoku Alliance

TSE concluded basic agreements with the Awa Bank, Ltd., the Hyakujushi Bank, Ltd., the Iyo Bank, Ltd., and the Shikoku Bank Ltd., which collectively form the Shikoku Alliance , for cooperative relationships concerning the capital market. The central goals are to support the growth of and promote listings for companies in the sales territories of these banks. For instance, TSE plans to support companies that aim at listing, such as by providing information about listing on the 1st/2nd Sections, Mothers, or JASDAQ, and use of TOKYO PRO Market, a market for professional investors which features more lax listing requirements. A cooperation system will also be built via personnel exchanges for exchanging information on capital markets and sharing knowledge.

Oct. 19: Upcoming Launch of JPY-Denominated TOPIX Futures Contract on CME

JPX entered into a license agreement for TOPIX with CME Group. Japanese Yen-Denominated TOPIX Futures Contracts will be traded on CME Globex by Q1 of 2018. The launch of Japanese Yen-Denominated TOPIX Futures Contract at CME is expected to raise the awareness of TOPIX internationally and drive the use of TOPIX by global investors.
JPX has also commenced collaboration with CME Group on promoting connectivity between their respective co-location facilities located in Tokyo and Aurora, IL. Both sides will engage in marketing activities to provide awareness and availability of the telecommunication providers who offer connectivity services to customers of each exchange's co-location facilities.

Oct. 19: Basic Agreement with the Bank of Kyoto, Ltd.

TSE concluded a basic agreement with the Bank of Kyoto, Ltd. for cooperative relationships concerning the capital market. The central goals are to support the growth of and promote listings for companies in the sales territory of the Bank of Kyoto. TSE will cooperate with the Bank of Kyoto to provide opportunities for venture businesses, listed companies, and institutions that support the growth of companies in the Kansai region to visit cutting-edge research facilities and attend presentations on business models by venture businesses.

Oct. 30: Consolidated Financial Results for Q2 FY2017

On Oct. 30, JPX released its earnings report of the consolidated financial results for the six months ended September 30, 2017. Operating revenue was up JPY 2.8 billion (+5.4%) year-on-year to JPY 55.7 billion due mainly to an increase in cash equity trading value. Operating expenses were down JPY 1.6 billion (-6.3%) year-on-year to JPY 23.9 billion due mainly to a decrease in systems-related depreciation.
Operating income increased JPY 4.5 billion (+16.1%) to JPY 32.8 billion with net income (attributable to owners of the parent company) up JPY 3 billion (+15.8%) to JPY 22.6 billion. Thus, both revenue and income increased compared to the previous year.