Japan Exchange : Jul. 27, 2022JPXJPXIInformation Conclusion of Capital and Business Alliance Agreement with Minsetsu, Inc.
July 27, 2022 at 02:42 am EDT
Share
News Release
Jul. 27, 2022 JPXJPXIConclusion of Capital and Business Alliance Agreement with Minsetsu, Inc.
Tweet
Japan Exchange Group, Inc. (JPX) and JPX Market Innovation & Research, Inc. (JPXI) have concluded a capital and business alliance agreement with Minsetsu, Inc. (hereinafter, "Minsetsu") and will acquire common shares through a third-party allotment of new shares carried out by Minsetsu. Details are as below.
Objective of Capital and Business Alliance
JPX has been endeavoring to enhance the mid- to long-term corporate value of listed companies and promote constructive dialogue between listed companies and shareholders to contribute to this. JPX considers that this will become ever more important for bolstering the competitiveness of the Japanese financial and capital markets going forward.
Minsetsu operates an IR communication platform called "Minna no Setsumeikai" (everyone's briefing) which provides several services including a system to provide information on earnings briefings and coordinate the scheduling of interviews between investors, securities companies, and listed companies. The interview scheduling service is used more than 20,000 times annually (FY2021 data). Minsetsu also provides IR support services to listed companies, including the provision of information on investors and support services for holding briefings.
JPX and JPXI has entered into a capital and business alliance agreement with Minsetsu, which works to promote communication among listed companies and investors through its IR communication platform, in order to establish an environment that facilitates more effective communication between listed companies and investors inside and outside Japan, and an environment that allows investors easier access to information such as IR information from listed companies.
Outline of Capital and Business Alliance
Details of Business Alliance
The business alliance aims to help develop Japan's capital market by promoting communication between listed companies and investors through the creation and provision of IR-related content from Japanese listed companies that is beneficial to investors inside and outside Japan, and wider use of the IR communication platform provided by Minsetsu.
Details of Capital Alliance
JPX and JPXI will receive all new shares totaling approximately JPY 500 million issued through the third-party allotment by Minsetsu.
Outline of Minsetsu, Inc.
Name
Minsetsu, Inc.
Location
1-8-1, Nihonbashi Kayabacho, Chuo-ku, Tokyo
Position and Name of Representative
Representative Director and CEO, Nakayasu Yuki
Overview of Business
Planning, development and operation of "Minna no Setsumeikai"
Establishment Date
June 2015
Website
minsetsu
Contact
Corporate Communications Department Japan Exchange Group, Inc.
TEL:03-3666-1361
Back to list
Attachments
Original Link
Original Document
Permalink
Disclaimer
Japan Exchange Group Inc. published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 06:41:10 UTC.
Japan Exchange Group, Inc. is specialized in the provision of financial services. Net sales break down by activity as follows:
- trading services (39.3%): execution and management of transactions in derivatives, equities, bonds, commodities, etc.;
- financial clearing services (20.6%);
- dissemination of market data and indices (20.1%);
- listing services (11.6%);
- other (8.4%).