Japan Exchange Group, Inc. · TSE:8697
Japan Exchange — Investor Day (July 2025)
17 slides from Japan Exchange's investor day presentation, Jul 1, 2025
Slide 1: Clearing Services
JPX Investor Day 2025 Clearing Services President & CEO Japan Securities Clearing Corporation Konuma Yasuyuki July 1, 2025 DISCLAIMER: This is the reference translation of the original Japanese document. Japan Securities Clearing Corporation shall accept no responsibility or liability for damage or
Slide 2: Positioning of Each Initiative in the Medium-Term Management Plan 2027
Positioning of Each Initiative in the "Medium-Term Management Plan 2027" DISCLAIMER: This is the reference translation of the original Japanese document. Japan Securities Clearing Corporation shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, or misunders
Slide 3: INDEX
Overview of JSCC‘s Business P.4 INDEX Current Initiatives on Clearing Services P.10 DISCLAIMER: This is the reference translation of the original Japanese document. Japan Securities Clearing Corporation shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, o
Slide 4: Overview of JSCC's Business
Overview of JSCC's Business DISCLAIMER: This is the reference translation of the original Japanese document. Japan Securities Clearing Corporation shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, or misunderstanding with regard to this translation. This
Slide 5: JSCC Overview
JSCC Overview ◼ JSCC offers clearing functionality for Listed Products, OTC Derivatives (CDS and IRS) and JGB OTC Transactions. Exchange Transaction, etc. OTC Transaction Tokyo SE Nagoya SE Securities companies, Banks, etc. Sapporo SE Osaka Exchange Trading Fukuoka SE TOCOM PTS ODEX OTC Derivatives
Slide 6: Revenue
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 (OTC derivativ
Slide 7: Mid-Term Business Plan (FY2025 - FY2027)
Mid-Term Business Plan (FY2025 - FY2027) ◼ Under the next medium-term business plan, we focus on following 3 management policies and 5 critical issues and strive to take specific measures, under our management philosophy. Corporate Philosophy JSCC, with a solid risk-management framework, aims to con
Slide 8: Mid-Term Business Plan (FY2025 - FY2027)
Mid-Term Business Plan (FY2025 - FY2027) Key Issue Market Specific Business Plan ⚫ Improve creation/redemption framework for cash-type ETF and platform replacement ⚫ Introduction of new initiatives (e.g. Digitization of investment securities issued by Equity Market BOJ) ⚫ Discussion of shortening se
Slide 9: Mid-Term Business Plan (FY2025 - FY2027)
Mid-Term Business Plan (FY2025 - FY2027) Key Issue Market Specific Business Plan CDS ⚫ Maintain/expand clearing share (e.g. Expand the number of single name OTC Derivatives Reference Entities) ii Further Expand the Market IRS User Base of the OTC Derivatives and JGB ⚫ Further promote onboarding of d
Slide 10: Current Initiatives on Clearing Services
Current Initiatives on Clearing Services DISCLAIMER: This is the reference translation of the original Japanese document. Japan Securities Clearing Corporation shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, or misunderstanding with regard to this tran
Slide 11: Competitive and Regulatory Environment
Competitive and Regulatory Environment ◼ Competitive environment differs depending on cleared market. Market Competitive Environment Listed Cash Equities JSCC clears all trades on Japanese domestic exchanges and PTS, currently no （Stock / ETF） competitor exists Listed Derivatives Exchanges/Clearingh
Slide 12: Changes in Interest Rate Environment - Further Expansion of Clearing of JPY Interest Rate-related Products
i) Changes in Interest Rate Environment - Further Expansion of Clearing of JPY Interest Rate-related Products ⚫ Trading and clearing of JPY interest rate-related products have been active. Particularly, Clearing values in FY2024 were JPY 4,866tril. for IRS and JPY 31,960tril. for OTC JGB, both of wh
Slide 13: Progress in Use of Advanced IT
Progress in Use of Advanced IT - DLT Utilization in Delivery/Settlement of Commodity Futures ⚫ 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 order
Slide 14: Efficient Use of Posted Collaterals
iii) Efficient Use of Posted Collaterals ⚫ JSCC accepts collaterals (cash/securities, etc.) in the large amount. So, it is studying efficient use of collaterals and initiatives for an enhancement of convenience of Clearing Participants/investors in posting collaterals. ⚫ As a part of such efforts, a
Slide 15: Reference_Posted Collateral Management Policy
Reference_Posted Collateral Management Policy ⚫ Shown below are management policy of posted collaterals in OTC Derivatives and Listed Products Clearing Services: # Management Policy OTC Derivatives Listed Products • Posted collaterals of Clearing • Posted collaterals of Clearing Participants which d
Slide 16: Reference_Collateral – Posted / Requirement
Reference_Collateral – Posted / Requirement Equity, Listed Derivatives CDS Requirement DepositedーRequirement Requirement DepositedーRequirement (100million yen) Deposited/Requirement (trillion yen) Deposited/Requirement 10 2.50 5,000 2.50 8 2.00 4,000 2.00 6 1.50 3,000 1.50 4 1.00 2,000 1.00 2 0.50 1
Slide 17: 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 r