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.

July

July 3: Launch of JPX Prime 150 Index, Tokyo Stock Exchange REIT Leveraged and Inverse Index Series

On July 3, 2023, JPX Market Innovation & Research, Inc. (JPXI) began calculating the new "JPX Prime 150 Index" which selects its component stocks with a focus on value creation, and the "Tokyo Stock Exchange REIT Leveraged (2x) Index," "Tokyo Stock Exchange REIT Inverse (-1x) Index," and "Tokyo Stock Exchange REIT Double Inverse (-2x) Index" which are calculated by multiplying the fluctuation of the Tokyo Stock Exchange REIT Index by two, minus one, and minus two respectively.

The JPX Prime 150 Index is designed to make visible the leading Japanese companies that are expected to create value. Through making it and its constituent stocks the target of medium- to long-term investment by institutional and individual investors in Japan and abroad, JPXI aims for the JPX Prime 150 Index to contribute to the take-up of value creation-focused management and increase the appeal of the Japanese stock market.

July 14: Tokyo Stock Exchange REIT Sector Focus Index Series to be Launched

In consideration of the various investor needs relating to REITs, from September 4, 2023, JPX Market Innovation & Research, Inc. (JPXI) will start calculating and publishing the "Tokyo Stock Exchange REIT Office Focus Index," the "Tokyo Stock Exchange REIT Residential Focus Index" and the "Tokyo Stock Exchange REIT Hotel & Retail Focus Index."

In addition to the three indexes to be launched this time, JPXI has also been calculating and publishing the "Tokyo Stock Exchange REIT Logistics Focus Index" since July 20, 2020. JPXI aims to serialize these four as the "Tokyo Stock Exchange REIT Sector Focus Index Series," to answer the specific investment needs in the REIT sector.

July 28: Announcement of Financial Results for Q1 FY2023

Japan Exchange Group, Inc. has announced its financial results for the first quarter of fiscal year 2023.

Operating revenues were up JPY 3.3 billion (+10.1%) year-on-year to JPY 36.9 billion, due mainly to an increase in cash equities trading value exceeding the same period last year, and an increase in trading and clearing-related revenues linked to market conditions.

Operating expenses increased by JPY 0.7 billion (+4.5%) year on year to JPY 17.1 billion due mainly to an increase in system maintenance and operation costs.

In addition, as a result of recording profit on sales of owned assets, operating income increased by JPY 7.2 billion (+40.8%) to JPY 25.0 billion with net income (attributable to owners of the parent company) up JPY 5.6 billion (+46.7%) year on year to JPY 17.7 billion.