Japan Exchange Group, Inc.

Japan Exchange Group, Inc.

JPXGY
Japan Exchange Group, Inc.US flagOther OTC
13.18
USD
+0.70
- -
13.55BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
103.86
96.97
106.47
100.77
112.83
113.34
116.41
124.88
128.08
127.75
151.64
157.8
- -
76.66
Basic EPS, GAAP
30.33
31.35
40.87
39.29
47.08
45.81
44.46
48
47.17
44.02
58.45
58.72
- -
28.24
Free Cash Flow per Basic Share
46.52
18.66
43.27
33.93
50.29
36.5
40.44
52.6
40.85
52.79
61.47
68.23
- -
31.53
Dividend per Share
8
11.25
18.5
25.57
25.12
35.06
33.56
28.05
34.25
36.15
34.17
46.69
- -
15.56
Book Value per Share
125.81
146.67
167.7
186.65
209.08
223
237.61
263.87
262.78
272.62
281.39
293.79
- -
282.36
Tangible Book Value per Share
110.67
133.46
149.8
154.63
166.15
178.01
189.51
210.55
206.56
202.94
225.44
237.17
- -
222.87
Basic Weighted Avg Shares
1,098
1,098
1,098
1,072
1,072
1,071
1,071
1,071
1,059
1,053
1,041
1,040
1,030
1,041
Sales/Revenue/Turnover
114,052
106,485
116,913
108,046
120,982
121,382
124,663
133,702
135,637
134,495
157,803
164,172
- -
79,768
Operating Margin (%)
46.72
49.78
56.04
53.54
57.91
55.41
53
54.08
53.38
49.77
54.51
54.26
- -
53.17
Depreciation Expense
13,792
11,365
10,727
11,784
10,114
12,196
16,499
16,783
17,525
18,971
18,298
18,361
- -
9,194
Net Income, GAAP
33,304
34,427
44,877
42,124
50,484
49,057
47,609
51,389
49,955
46,342
60,822
61,092
- -
29,389
Effective Tax Rate (%)
38.78
36.75
33.34
30.1
30.63
30.02
30.08
30.39
30.78
30.77
29.12
30.52
- -
30.27
Profit Margin (%)
29.2
32.33
38.38
38.99
41.73
40.42
38.19
38.44
36.83
34.46
38.54
37.21
- -
36.84
Working Capital
50,569
61,693
97,002
118,880
118,202
134,566
145,985
178,687
171,743
167,299
191,445
204,833
- -
188,904
LT Debt
10,000
- -
10,000
29,933
19,940
19,946
19,953
19,960
19,967
19,973
19,980
19,987
- -
19,983
Total Equity
212,776
241,565
262,911
263,770
279,736
291,450
305,374
328,769
323,851
321,809
338,565
351,147
- -
339,802
Return on Invested Capital (%)
11.47
12.09
14.85
12.81
14.47
13.45
12.8
13.17
12.91
12.12
15.38
14.96
- -
7.35
Return on Capital (%)
16.3
17.71
21.14
17.43
18.63
16.76
15.36
15.49
14.43
13.24
16.97
16.46
- -
8.05
Return on Common Equity (%)
26.58
23.01
26
21.92
23.79
21.19
19.3
19.14
17.82
16.4
20.98
20.42
- -
9.91

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
32,500
- -
32,500
LT Borrowings
19,980
- -
19,983
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,041
- -
1,040
Market Capitalization
2,115,182
1,939,807
1,923,411

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
80,501,228
- -
82,970,470
Cash, Cash Equivalents & STI
238,829
- -
243,478
Accounts Receivable, Net
19,550
- -
16,759
Inventories
- -
- -
- -
Total Current Liabilities
80,309,783
- -
82,781,566
Payables & Accruals
- -
- -
- -
ST Debt
32,500
- -
32,500
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
41,697
36,455
38,405
41,363
157,803
2025
- -
- -
- -
- -
164,172
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.04
13.16
14.57
- -
58.45
2025
- -
- -
- -
- -
58.72
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18.61
- -
15.56
- -
34.17
2025
- -
- -
- -
- -
46.69
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Hiromi Yamaji
Full Time Employees
1,249
Sector
Financial Services
Industry
Financial - Data & Stock Exchanges
Address
2-1 Nihombashi-kabuto-cho Tokyo Japan 103-8224
IPO Date
Jun 9, 2015
Website
jpx.co.jp
Business
Japan Exchange Group, Inc. (JPX) operates as a financial instruments exchange holding company primarily engaged in listing securities and derivatives, providing trading venues, clearing and settlement services, and index and information services across its key exchanges, including Tokyo Stock Exchange, Inc. (TSE), Osaka Exchange, Inc. (OSE), and Tokyo Commodity Exchange, Inc. (TOCOM); core offerings encompass cash equity markets with exchange-traded funds (ETFs) and real estate investment trusts (REITs), derivatives trading such as futures and options on equity indices like TOPIX and Nikkei 225, Japanese government bonds, fixed income, precious metals, rubber, agricultural products, oil, and electricity, alongside commodities via TOCOM, comprehensive market data services through JPX Data Catalog and J-Quants API, ESG-related indices and sustainability platforms like JPX ESG Knowledge Hub, and central clearing via Japan Securities Clearing Corporation (JSCC). Founded in 2013 through the merger of Tokyo Stock Exchange Group and Osaka Securities Exchange, both originally established in 1949, the company maintains headquarters in Tokyo at 2-1 Nihombashi Kabutocho, Chuo-ku, with an additional Osaka Head Office established in April 2022 and operations centered in Japan as one of the Asia-Pacific region's leading exchange groups, ranking fifth globally by market capitalization exceeding $5.8 trillion as of July 2024. Recent developments include the November 2024 collaboration between Tokyo Stock Exchange and Tradeweb Markets Inc. to enhance liquidity in Japan-listed ETFs via integration with TSE's CONNEQTOR request-for-quote platform; launch of J-Quants DataCube and expansion of J-Quants Pro dataset in November 2025 alongside JPX Market Innovation & Research, Inc. (JPXI) enlisting Amazon Web Services support to bolster data and digital businesses; addition of new share buyback and earnings announcement datasets by JPXI; record-high notional amounts in single stock options trades and clearing volumes for JPY interest rate swaps in October 2025; and hosting of the Japan-Southeast Asia Market Forum 2024 in Singapore to strengthen international outreach. In November 2025, JPX reported robust trading activity with daily average Prime Market value at JPY 7.8177 trillion and total derivatives value reaching JPY 274 trillion, the second-highest November on record, amid ongoing market restructuring into Prime, Standard, and Growth segments since April 2022 and strategic focus on ESG initiatives, digital securities, and global partnerships. The company continues to prioritize enhancements in market liquidity, technological innovation including blockchain and AI investments, and support for capital formation amid a domestic M&A boom contributing to a record decline in listed companies on TSE.

Company News

APIChat
  • Japan Exchange Group added to APAC Conviction List at Goldman Sachs

  • Japan Exchange Group added to APAC Conviction List at Goldman Sachs