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.

March

Mar. 2: Selection of 2020 Health & Productivity Stocks

TSE and the Ministry of Economy, Trade, and Industry (METI) jointly selected and announced the 2020 Health & Productivity Stocks. This is the sixth year in which TSE and METI have recognized TSE listed companies which have done outstanding work in health and productivity management. For 2020 we selected 40 enterprises from 30 sectors by assessing 1) Management principles/policies, 2) Company structure, 3) Implementation of rules/policies, 4) Evaluation and improvement, and 5) Compliance and risk management through survey responses and then narrowing the candidates down using financial indicators. The program aims to encourage further efforts on health and productivity management by showcasing the attractiveness of selected enterprises to investors who focus on corporate value improvement over the long term.

Mar. 3: Announcement of FY2019 Nadeshiko Brand Stocks

TSE and the Ministry of Economy, Trade and Industry jointly select listed companies that are outstanding in terms of encouraging women’s success as Nadeshiko Brand Stocks. These consist of TSE listed companies that are advancing initiatives to encourage women’s participation in the workplace such as by creating environments conducive to retaining female talent. The initiative aims to garner interest toward such companies among investors and to accelerate efforts in encouraging women’s advancement at listed companies.

This initiative is now in its eighth year. Each year, the selection committee assesses all TSE listed companies. This year, out of approximately 3,700 companies, 46 across 27 sectors were selected through evaluation of necessary actions they have taken toward diversity-focused management in order to realize corporate value improvement, and how these actions are disclosed.

Mar. 6: Launch of Options Calculator

In response to the recent increase in demand for options trading, OSE has launched an "Options Calculator" as a support tool for investors trading options. As well as providing calculations of theoretical prices, the tool displays an option price table and chart, making it instinctively easy to understand even by beginners. The tool is available to anyone free of charge.

Mar. 6: Pilot Test of DLT Information Sharing Platform in the Field of Securities Post-Trade

JPX, jointly with Japan Securities Depository Center, Inc., will launch pilot testing of a DLT information sharing platform for securities post-trade information with NEC Corporation as the IT support vendor.
Since building an information sharing platform using DLT could solve various problems originating from low efficiency in the post-trade field, we will invite a wide range of industry participants in order to confirm the feasibility and usefulness of the DLT platform. JPX will contribute to the standardization and efficiency of data and workflows in the securities post-trade field through these efforts.

Mar. 28: Update of the 3rd Medium-Term Management Plan

JPX updated its 3rd Medium-Term Management Plan for the three years from FY2019 to FY2021. Under the 3rd Medium-Term Management Plan, JPX set a medium- to long-term vision, which is "Under rapid innovation and global dynamics, we aim to evolve into a total smart exchange, where anyone can trade any product in a secure and easy way, by further cooperating with stakeholders and entering into new partnerships."
For the 2nd year of the plan, along with the basic view that our most important mission is to securely provide market infrastructure that satisfies users while properly responding to various risks stemming from environmental uncertainties and unknowns, we updated our medium- to long-term visions and policies in line with the recognition that it is important to continue stabilizing and strengthening our finances so as not to excessively rely on revenues impacted by the market condition of Japanese equities, and that it is important to make a more active contribution to building a "sustainable society" in our role as a responsible infrastructure operator supporting Japanese financial and capital markets.

Mar. 31: TSE/JPX Publish "Practical Handbook for ESG Disclosure"

JPX and TSE have published a "Practical Handbook for ESG Disclosure", to support listed companies who are choosing to aim for corporate value growth by working on their ESG disclosure. Rather than focusing on what specific points to disclose and how, the Handbook brings together techniques that can be used to come to these decisions through linking ESG issues to corporate value, and splits them into four Steps. The Practical Handbook for ESG Disclosure can be downloaded from the JPX Sustainability webpage.