Japan Exchange Group, Inc. · TSE:8697
Japan Exchange — Investor Day (July 2026)
16 slides from Japan Exchange's investor day presentation, Jul 2, 2026
Slide 1: JPX Investor Day 2026: Clearing Services
JPX Investor Day 2026 Clearing Services President & CEO Japan Securities Clearing Corporation Hasegawa Isao July 2, 2026 © 2026 Japan Exchange Group, Inc., and/or its affiliates
Slide 2: Positioning of Initiatives in Mid-Term Management Plan 2027
Positioning of Initiatives in “Mid-Term Management Plan 2027” i) Further Expansion of Clearing of JPY Interest Rate-related Products ii) Approach for DLT/Digital Assets iii) Effectively Utilize Collateral Assets © 2026 Japan Exchange Group, Inc., and/or its affiliates 2
Slide 3: Index
1. Changes in Interest Rate Environment - Further Expansion of Clearing of JPY Interest Rate-related Products INDEX 2. Progress in Use of Advanced IT - Approach for DLT/Digital Assets 3. Effective Utilization of Collateral Assets © 2026 Japan Exchange Group, Inc., and/or its affiliates
Slide 4: Changes in Interest Rate Environment - Further Expansion of Clearing of JPY Interest Rate-related Products
1. Changes in Interest Rate Environment - Further Expansion of Clearing of JPY Interest Rate-related Products ⚫ Interest rate-related products are drawing more attention, both domestically and globally, from expectations for rate hike in monetary policy, and trading and clearing of JPY interest rate
Slide 5: Progress in Use of Advanced IT - Approach for DLT/Digital Assets
2. Progress in Use of Advanced IT - Approach for DLT/Digital Assets ⚫ Currently, momentum of globally delivering securities collaterals smoothly and efficiently using DLT (Distributed Ledger Technology) has been heightened globally in clearing/settlement area. JSCC has been continuously conducting m
Slide 6: Efficiently Utilize Collateral Assets
3. Efficiently Utilize Collateral Assets ⚫ Under JSCC risk management framework, JSCC started utilization of “reverse-repo transactions making use of money in trust” as a form of managing cash collaterals posted by Clearing Participants ➢ The cash collateral management methods available for JSCC are
Slide 7: Reference Materials
Reference Materials © 2026 Japan Exchange Group, Inc., and/or its affiliates 7
Slide 8: Proof-of-Concept Trial related to Digital Asset Collateral Management (Approach 1)
Reference - Proof-of-Concept Trial related to Digital Asset Collateral Management (Approach 1) ⚫ JSCC jointly conducted the proof-of-concept trial related to digital asset collateral management with DTCC (Depository Trust & Clearing Corporation, the world largest clearing/settlement organization) in
Slide 9: Proof-of-Concept Trial for Digital Collateral Management Using JGB (Approach 2)
Reference - Proof-of-Concept Trial for Digital Collateral Management Using JGB (Approach 2) ⚫ Amid heightened domestic momentum of utilization of digital assets, JSCC started “Proof-of-Concept Trial for Digital Collateral Management Using JGB” with Mizuho Bank, Nomura Securities and Digital Asset Ho
Slide 10: Practical Implementation of DLT in Delivery Settlement of Commodity Futures (Approach 3)
Reference - Practical Implementation of DLT in Delivery Settlement of Commodity Futures (Approach 3) ⚫ JSCC pursues the use of new technologies in existing operations, such as settlement by delivery, from the perspective of improving operational efficiency ⚫ In January 2023, tokenization of delivery
Slide 11: JSCC Overview
Reference - JSCC Overview ⚫ JSCC offers clearing functionality for Listed Products, OTC Derivatives (CDS and IRS) and JGB OTC Transactions. Exchange Transaction OTC Transaction Tokyo SE Nagoya SE Securities Companies, Banks and the like Sapporo SE Osaka Exchange Trading Fukuoka SE TOCOM PTS ODEX OTC
Slide 12: Revenue
Reference - Revenue ⚫ Operating revenues are expanding moderately, mainly from improved market conditions and increase in OTC derivatives clearing volume ⚫ Majority of the revenues are from exchange-traded transactions (equities and listed derivatives), but revenue from off-exchange transactions (OT
Slide 13: Medium-Term Management Plan (FY2025 - FY2027)
Reference: Medium-Term Management Plan (FY2025 - FY2027) ⚫ Under the current Medium-Term Management Plan, from the perspective of fulfilling our role as a core market infrastructure and contributing to the sustainable development of the market, we have established three business policies and five ke
Slide 14: Medium-Term Management Plan (FY2025 - FY2027)
Reference: Medium-Term Management Plan (FY2025 - FY2027) Key Issues Market Specific Business Plan ⚫ Improve creation/redemption framework for cash-type ETF and platform replacement Equity Market ⚫ Introduction of new initiatives (e.g. Digitization of investment securities issued by BOJ) ⚫ Discussion
Slide 15: Medium-Term Management Plan (FY2025 - FY2027)
Reference: Medium-Term Management Plan (FY2025 - FY2027) Key Issues Market Specific Business Plan CDS ⚫ Maintain/expand clearing share (e.g. Expand the number of single name Reference Entities) ii) Further Expand the OTC Derivatives Market IRS User Base of the OTC ⚫ Further promote onboarding of dom
Slide 16: Disclaimer
Disclaimer These materials are prepared solely for the purpose of providing information regarding Japan Exchange Group, Inc., and as such, they are not intended as an offer or sale of securities or other similar action whether inside or outside Japan. Our securities have not been and will not be reg