Major overseas exchange groups are advancing the diversification of their businesses and sophistication of their services by strengthening these kinds of digital and network-related businesses which utilize data and technologies. In Japan, too, changes in the external environment are rapidly progressing, such as the movement toward creating a market that utilizes new digital technologies.
In order to accurately respond to such external changes and further accelerate work toward diversifying our businesses and advancing sophistication of our services, JPX needs to aim for flexibility and mobility in business development through M&As and leveraging highly-skilled human resources while fostering a new culture that is different from the conventional "exchange" without being constrained by the traditional "exchange" framework. In order to establish a group structure which can radically strengthen and accelerate such initiatives, JPX resolved to establish a new subsidiary, JPX Market Innovation & Research, Inc.