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1 Notes on Media Briefing by Akira Kiyota, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on June 16, 2017 There were responses from 19,974 out of all 52,560 shareholders, including those who were not present but submitted voting forms, for a total of 4,745,580 out of 5,410,072 voting rights exercised. 2,038 shareholders attended the AGM, 992 more than the previous year. Many questions came up, and the meeting closed at 12:42 p.m. I would also like to report that at the AGM, proposals such as on the election of directors were approved in their original form. [Q&A] Q: The AGM season for listed companies will be in full swing next week. TSE has worked on spreading out dates for AGMs. The concentration rate on the most concentrated date this year was less than 30%, which one ...

1 Notes on Media Briefing by Akira Kiyota, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on July 28, 2017 I would like to go over the consolidated financial results for the firstquarter for the fiscal year ending March 2018. Operating revenue increased to JPY 27.8 billion, resulting in a year-on-year increase of JPY 1.1 billion (+4.3%). This is a result of an increase in cash equity trading value compared to the same period last year, among other factors. Operating expenses were JPY 11.9 billion, a JPY 1.1 billion year-on-year decrease (-8.4%) due mainly to a decline in systems-related depreciation. As a result, JPX recorded an increase in revenue and income for the first quarter of the consolidated statement of income. Since operating revenue increased while operating expenses decreased, operating income increased by JPY 2 billion (+...

1 Notes on Media Briefing by Akira Kiyota, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on September 27, 2017 I would like to talk about the shortening of the stock settlement cycle first. For instance, say that a securities company were to default anytime between the execution of a stock trade and the time of settlement of said transaction. There is risk of securities and funds not being delivered as scheduled. In Japan, stocks are settled the third business day following the transaction day (T+3), whereas major countries in Europe and the U.S. have already shortened the cycle to the second business day following the transaction day. In light of such a trend overseas, we have decided to shorten the settlement cycle to the second business day following the transaction day (T+2) for reducing risk related to settlement and for maintaining and enhancing...

1 Notes on Media Briefing by Akira Kiyota, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on October 30, 2017. I would like to go over the consolidated financial results for the second quarter for the fiscal year ending March 2018. Operating revenue in the second quarter increased to JPY 55.7 billion, resulting in a year-on-year increase of JPY 2.8 billion (+ 5.4%). This is a result of an increase in cash equity trading value compared to the same period last year, among other factors. Operating expenses were JPY 23.9 billion, a JPY 1.6 billion year-on-year decrease (-6.3%) due mainly to a decline in systems-related depreciation. As a result, JPX recorded year-on-year increase in revenue and income for the consolidated profit/loss. Since operating revenue increased while operating expenses decreased, operating income was JPY 32....

1 Notes on Media Briefing by Takafumi Sato, President, Japan Exchange Regulation on October 11, 2017 Today, TSE has announced its decision to cancel the designation of Toshiba stock as Security on Alert based on the examination results obtained by JPX-R. As President of JPX-R, which conducted this examination, I hold this media briefing to fulfill my obligation to explain and provide a certain level of accountability for our decision to cancel the designation. The first topic I would like to address is our "Basic Concept" for the examination. The determination on whether or not the stock should remain listed is made to fulfill two primary purposes: protecting investors and maintaining orderly markets. First, when it comes to the first primary purpose of protecting investors, if a company is highly likely to cause a serious loss to investors in the future due to inadequacies in the company's ...

1 Notes on Media Briefing by Akira Kiyota, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on November 30, 2017. First, I would like to report on the construction of the new secondary data center. JPX has been advancing discussions based on the "Second Report of the Technical Committee on Exchange Transactions" published by the BCP Forum on April 20, 2017, and, today, we would like to announce our decision to build a new secondary data center. To protect the safety of market operations, I cannot disclose the exact geographical location of the new data center, because it is classified information. Currently, both the primary and the secondary data centers are located in the Kanto region. By building the new secondary data center in the Kansai region, we hope to prevent simultaneous disruption of both centers in the event of disaster. We are planning to incorporate systems ...

1 Notes on Media Briefing by Akira Kiyota, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on December 21, 2017 I would like to start by talking about the ETF Market Making Scheme that TSE will introduce in July 2018. Currently, 230 ETFs are listed on the TSE market. Just this month, a domestic bond ETF was listed, which is an example of how the product lineup is expanding across various fields. Though this translates into proportional increases in trading value, some ETFs still do not necessarily have enough liquidity. There are similar schemes in place for futures and such. We hope that this new market making scheme for ETFs that obligatesMarket Makers to display quotes will allow us to develop an environment where investors can always trade at an appropriate price in the exchange market. The ETF is considered to be a suitable product for long-...

1 Notes on Media Briefing by Akira Kiyota, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on January 31, 2018 I would like to go over the consolidated financial results for the third quarter for the fiscal year ending March 2018. Operating revenue increased to JPY 87.8 billion, resulting in a year-on-year increase of JPY 7.1 billion (+8.9%). This is a result of an increase in cash equity trading value compared to the same period last year, among other factors. Operating expenses were JPY 36.2 billion, a JPY 900 million year-on-year decrease (-2.5%). This is a result of a decrease in depreciation of systems. As a result, JPX produced favorable results with an increase in revenue and income for the third quarter of the consolidated statement of income with operating revenue increasing and operating expenses decreasing. Consequently, operating ...

1 Notes on Media Briefing by Akira Kiyota, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on February 21, 2018 First, I would like to talk about the candidates for directors and executive officers. Our new management team takes office from April 1. The tenure of current JPX executive officers ends on March 31, 2018. The same applies to TSE, OSE, and JSCC (JPX Group companies). I would like to begin with JPX. Mr. Yoshinori Karino will leave the positions of senior executive officer at JPX and TSE, as well as of director and senior executive officer at OSE. Next, I will move to TSE. Mr. Satoshi Takura, who is currently director of the IT Development Department at OSE, will assume the positions of executive officer at TSE and OSE overseeing IT Development (Information). Mr. Mikio Hinoide, who is currently director of the Risk Management Office at ...

1 Notes on Media Briefing by Akira Kiyota, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on March 30, 2018 I have three topics to report today. First, I would like to talk about the revisions to Japan’s Corporate Governance Code on the basis of the recommendations made by the Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code. Since October 2017, said council, for which the FSA and TSE are the joint secretariat, has verified the progress of corporate governance reform. There was an evaluation that there has been a certain degree of progress in corporate governance reform due in part to the formulation of Japan’s Corporate Governance Code. On the other hand, it was pointed out that companies’compliance with the code remains superficial, not accompanied by substance, and that the engagement between companies ...