Japan Exchange Group, Inc.
8697・Prime Market・Other Financing Business
Governance
The company has adopted a company-with-committees structure, with 10 of its 12 directors being independent outside directors (including 4 women). The outside director ratio stands at a high 83.3%, and the company has established four committees—Nomination, Compensation, Audit, and Risk Policy—to institutionally separate management oversight functions from business execution functions.
Risk Management
The company has established a Risk Policy Committee chaired by an outside director (convened at least twice a year) and a Risk Management Committee chaired by the CEO (reporting quarterly), and has formulated a "Comprehensive Risk Management Statement" to identify and manage material risks. System risk, BCP, cybersecurity, and sustainability-related risks are integrated into the company-wide risk management process.
Shareholder Returns
Basic policy targets a payout ratio of 60% or higher; for FY2026 (ending March 2026), the annual dividend is ¥61 (interim ¥25, year-end ¥36), with a payout ratio of 79.4% and total dividends of ¥62,938 million. For FY2027 (ending March 2027), the annual dividend is also planned at ¥61 (payout ratio forecast at 80.9%). As a subsequent event, a resolution was passed for share buybacks with an upper limit of ¥20.0 billion and 40 million shares (June to October 2026).
Dividend Policy
Dividends are paid based on business performance while giving due consideration to the importance of retained earnings in light of the financial soundness required as a financial instruments exchange group, preparedness for risks as a clearing organization, and investment opportunities aimed at strengthening market competitiveness. The target is a payout ratio of 60% or higher, with dividends paid twice a year in principle, interim and year-end. The actual annual dividend for FY2026 (ending March 2026) is ¥61 (payout ratio of 79.4%), and the forecast annual dividend for FY2027 (ending March 2027) is ¥61 (payout ratio of 80.9%).
ESG
In response to climate change, the company achieved carbon neutrality in Scope 1 and 2 emissions (100% renewable energy procurement for electricity consumption from FY2024 onward). On the human capital front, the company recorded a female manager ratio of 10.4%, a male childcare leave uptake rate of 72.4%, and a work engagement score of 64.5, positioning disclosure in line with TCFD recommendations and the promotion of sustainable finance as priority areas under the Medium-Term Management Plan 2027.
Last updated: June 11, 2026