Insights

We consider the three years from fiscal year 2022 as the first stage in achieving this long-term vision. The slogan of this Medium-Term Management Plan 2024, "Exchange & beyond," embodies our determination to strengthen the traditional function of the exchange, stable market operations, while also advancing in new fields without being overly bound by this framework. We will press ahead with various projects that contribute to improving the attractiveness of Japanese financial and capital markets as a whole and enhance their global competitiveness.

In order to serve as a hub for circulating capital in the Asia Pacific region while keeping focused on changes in the interest
rate environment, we aim to enable optimal allocation of risk/return across society by ensuring systems for raising and
managing funds function smoothly and sufficiently, not only for stocks but for other products as well.

In addition, to reduce the costs of raising and managing funds, we will advance digitization in all corners and enhance
information usage

Actions

◼ Strengthen functionality of interest rate-related markets
• Revitalization of JGB-linked derivatives
• Promotion of professional-oriented bond market etc.

◼ Invigorate the derivatives market
• Listing of small lot products linked to index futures and options
• Improvement of convenience for retail investors
• Expansion of flow from global investors
• Launch of holiday trading etc.

◼ Advance digitization and enhance information usage
• Creation of a digital securities market
Target: Creation of a market and start of trading of new products by the end of FY2024
• Development of new services utilizing digital technologies for internal and external use
Target: 3 services in the 3 years of the plan
• Strengthening of index businesses and enhancement of investment-related information etc.
Target: 200 new clients for information services and 12 cases of creating new
information services or updating existing information services and rules in the 3 years of the plan