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Notes on Media Briefing by Atsushi Saito, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on July 30, 2013 1. First quarter financial results for the FY ending March 31, 2014 2. Outline of the new index 1. First quarter financial results for the FY ending March 31, 2014 Let me first go through our corporate results for the first quarter of FY2014. Please refer to the earnings report. In this quarter, we had operating revenue of 36 billion yen, operating income of 17.9 billion yen, and ordinary income of 18.6 billion yen, and net income of 11.2 billion yen. Since we are unable to do a straight comparison of year-on-year results from those before JPX was established, in the supplementary material attached to the earnings report, we have compared this quarter's results with the simple aggregate of the two former ...

Notes on Media Briefing by Atsushi Saito, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on June 18, 2013 1. Annual general shareholders meeting 2. Developing rules in connection with the integration of the derivatives markets 1. Annual general shareholders meeting We held our first annual general shareholders meeting as JPX earlier today at 10 a.m. at the Royal Park Hotel in Nihombashi. Arrangements were made for a simultaneous telecast in a separate room, where some of you may have watched the proceedings. 1,979 shareholders exercised a total of 480,443 voting rights and the agenda on the election of directors was approved in its original form by a shareholder majority. At the board of directors meeting held after the general shareholders meeting, the election of directors and the assignment of executive duties, as previously announced, was also approved in its original form. 2. Developing ...

Notes on Media Briefing by Atsushi Saito, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on May 14, 2013 1. Optimization of increments of bids and offers in stages 2. Renewal of arrowhead 3. Agree on joint development of new index 4. Report by the Study Group on the Listed Infrastructure Market 1. Optimization of increments of bids and offers in stages To begin, I would like to cover an outline of the reduction in tick-sizes which have been summarized in today's materials. This initiative is one of the core strategies provided in our Medium-term Management Plan released in March, which we have discussed in detail while listing to the opinions of investors and trading participants. Though I stated this in my answers during the press conference last month, tick sizes for issues within certain price ranges, particularly lower priced stocks, are coarse, and ...

Notes on Media Briefing by Atsushi Saito, Director & Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on April 30, 2013 1. Consolidated financial results for the year ended March 31, 2013 2. Candidates for new directors, executive officers, and auditors of the JPX group 1. Consolidated financial results for the year ended March 31, 2013 First, I would like to go through our consolidated financial results for the year ended March 31, 2013. Please look at page 1 of the earnings report. The consolidated results of Japan Exchange Group (JPX) during the fiscal year ended March 31, 2013 were operating revenue of¥71.7 billion, operating income of¥19.5 billion, ordinary income of¥21.6 billion, and net income of¥10.9 billion. The full-year dividend per share is¥80. The dividend payout ratio calculated based on the average number of issued shares (about 54 million shares) ...

Notes on Media Briefing by Atsushi Saito, Director & Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on March 26, 2013 First, I would like to sincerely apologize to investors for the inconveniences caused by the system malfunction of J-GATE, the derivatives trading system of Osaka Securities Exchange. The system malfunction caused the suspension of trading in derivatives such as Nikkei 225 futures and options for about 4 hours on March 4. We are currently conducting an investigation to identify the cause and to formulate preventive measures for the future. We have determined that the source of the malfunction was an issue in the program used in communications between J-GATE's "Trading System Server" and other servers. While we will implement improvements to the program by the end of April, we have implemented measures to sustain the system operations even should a similar program issue reoccur. Therefore I ...

Notes on Media Briefing by Atsushi Saito, Director & Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on February 26, 2013 Good afternoon. Today I will be covering the cancellation of treasury shares and the implementation of a shareholder benefits program. Last year, Tokyo Stock Exchange Group purchased Osaka Securities Exchange shares through the TOB, which are now held as treasury shares of JPX following the merger on January 1st. There are 17,999,900 shares in total, representing 24.7% of the total number of shares issued by JPX. Before the tender offer, we announced that our intent to cancel those shares before the end of the current fiscal year, considering shareholder concerns of dilution of share value. I am glad to announce our official decision to cancel all treasury shares through due formalities on March 8. The net asset value of JPX will not be affected by this...

Notes on Media Briefing by Atsushi Saito, Director & Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on January 30, 2013 1. Third quarter financial results for the FY ending March 31, 2013 2. Revision to earnings forecast and dividend forecast for the FY ending March 31, 2013 3. Basic policy in our Medium-Term Management Plan (FY2013- FY2015) 4. Establishment of rules and regulations related to the integration of our cash markets and clearing functions 5. Joint research on IT for realizing a stable and efficient financial instrument markets with the University of Tokyo's School of Engineering 1. Third quarter financial results for the FY ending March 31, 2013 Good afternoon. Please let me start today’s briefing. Please look at the handout. First, I would like to explain our third quarter financial results for the current fiscal year ending March 2013. These are cumulative results up to ...

Notes on Media Briefing by Atsushi Saito, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on November 25, 2014 1. Start trading of JPX-Nikkei 400 Futures 2. Results of discussion on extension of trading hours 1. Start trading of JPX-Nikkei 400 Futures I have two items on the agenda today. The first item is JPX-Nikkei 400 futures, which were launched today. We are extremely grateful for having a fairly good start with more than 70,000 contracts already traded, largely exceeding those of TOPIX and Nikkei futures. We launched JPX-Nikkei 400 futures in response to market demand that has been there since index calculation began. We hope this provides market users that adopt this index as a benchmark with a more sophisticated manner for hedging risk. The amount of assets under management of ETFs and publicly offered investment trusts linked to the JPX-...

Notes on Media Briefing by Atsushi Saito, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on October 31, 2014 1. FY2014 Q2 earnings results 2. Opening of the Hong Kong Representative Office 3. The Appointment of president Sato of Japan Exchange Regulation to a trustee of the IFRS Foundation 1. FY2014 Q2 earnings results I have three items on the agenda today. First, I would like to go through our earnings results for the second quarter for the year ending March 2015. Please refer to the earnings report. Second quarter operating revenue was JPY 49.7 billion, operating income was JPY 21.8 billion, ordinary income was JPY 22.8 billion, and net income came to JPY 14.1 billion. These figures are cumulative totals from April to September and are comparable with those from the first quarter. The daily average trading value of about JPY 2....

Notes on Media Briefing by Atsushi Saito, Director and Representative Executive Officer, Group CEO, Japan Exchange Group, Inc., on September 24, 2014 I would like to briefly speak about the provision of services to Tokyo Commodity Exchange (TOCOM) in relation to the next-generation derivatives trading system, which is the only item on the agenda for today. As the handout shows, today we concluded a basic agreement on service provision regarding the next-generation derivatives system, and I would like to describe the process so far. We have carried out discussions to respond to TOCOM’s requests since last year. Following a decision made in July to select NASDAQ OMX Group and NTT Data as development vendors for the next-generation derivatives trading system, late last month we put forward the idea of joint usage once again. We received a positive response, and that led to the conclusion of today'...