Update : Mar. 28, 2011
Tokyo Stock Exchange (TSE) expresses its deepest condolences to those afflicted by the earthquake off the Pacific coast of the Tohoku (North East) region on March 11, 2011 and heartfelt sympathy for listed companies as well as market participants who have operations based in the affected area or have suffered damages. TSE sincerely hopes for a swift recovery of the people and areas affected by the disaster.
In an environment where cross-border trading is frequently conducted for stocks, etc., TSE recognizes its expected role to provide opportunities for trading with its best efforts. Under such circumstances, TSE will make efforts toward achieving proper price formation as Japan's primary market where supply and demand from a large number of investors is pooled.
Tokyo Stock Exchange Group, Inc. (TSE Group) has drawn up a new Medium-Term Management Plan for the next three years from FY2011 to 2013. In the plan, TSE aims at enhancing market infrastructure, expanding the user-base, including individual investors, and securing a high level of liquidity.
Specifically, TSE plans to further strengthen the functions of the financial and capital market infrastructure as a source of risk-money to companies and a base of efficient asset management based on the core business initiatives, "Increase IPOs" and "Expand Derivatives/ETF markets", thereby leading the Japanese economy's revitalization.
For more information:
TSE has decided to consolidate each department's sales functions and establish a "Marketing and Promotion Unit" in April 2011. This will enable TSE to achieve the goals including "Increase IPOs" and "Expand ETF and Derivatives Markets" and pursue customer-oriented services. The Marketing and Promotion Unit will be divided into the "New Listings" and "Market Business Development" departments. Through the Marketing and Promotion Unit, TSE will continue working to meet the needs of its diverse customers including companies aiming at new listings, and trading participants, while increasing market convenience and developing new products and services.
For more information:
In line with the Establishment of the Marketing and Promotion Unit, TSE will appoint new executive officers. Mr Kiyoyuki Tsuchimoto, Standing Governor of Tokyo Stock Exchange Regulation, will serve as Director of the Marketing and Promotion Unit as Senior Executive Officer from April 1, 2011. Mr Yasuyuki Konuma, Director of Listing Promotion Office, and Mr Ryusuke Yokoyama, Director of IT Business, will be selected as executive officers and serve as the directors of New Listings and Market Business Development, respectively.
For more information:
| Appointment of Executive Officers |
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For notes from the press conference (by Mr.Atsushi Saito, President & CEO, Tokyo Stock Exchange Group, Inc., on March 22nd, 2011), please refer to the following PDF.
| Press Conference Notes for March 2011 |
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