第三期中期経営計画_JPX_英語
8/22 - Core Strategy II-Initiatives

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(Translation Disclaimer) This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version prevails. Japan Exchange Group, Inc. (“JPX”) and its subsidiaries accept no responsibility or liability for damage or loss caused by any rror, inaccuracy or misunderstanding with regard to this translation. This translation may be used only for reference purposes. JPX and its bsidiaries maintain the right to claim ompensation for any damage or loss it may suffer from the violation of these conditions. (Forward-Looking Statements) These materials contain statements that constitute forward-looking statements. Some of these statements express, for general management purposes only, group performance targets. Forward-looking statements are not a guarantee of future performance. These statements are based on assumptions, which may prove incorrect, and reflect our management’s current views or expectations with respect to future events or results rather than historical facts. These forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from those we currently anticipate. Potential risks and uncertainties include, without limitation, that: (1) because our operations are restricted by law,we may experience competitive disadvantages if we are unable to receive in a timely manner or at all regulatory approvals necessary to pursue new business opportunities and new regulations or the manner of application or interpretation of existing regulations could restrict our current business or limit future business opportunities; and (2) because our group revenues are significantly affected by the level of market activity, they could be materially adversely affected by a general economic downturn, particularly in Japan, esulting in a reduction in trading volumes and liquidity of TSE-listed products. (No Offer of Securities) These materials are not an offer for sale of our securities in the United States or anywhere else. Our securities have not been registered under the U.S. Securities Act of 1933, as amended (“the Securities Act”) and may not be sold in the United States absent registration or an exemption from registration under the Securities Act.