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© 2026 Japan Exchange Group, Inc. October 27, 2026 Japan Exchange Group, Inc. Overview of Earnings for Q2 FY2026
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© 2026 Japan Exchange Group, Inc. 2 89,322 131,002 38,917 48,270 51,279 84,668 34,553 57,210 FY2025 Q2 FY2026 Q2 FY2025 Q2 FY2026 Q2 FY2025 Q2 FY2026 Q2 FY2025 Q2 FY2026 Q2 Highlights Operating Revenue Operating Income Net Income * Up 46.7 % Up 65.1 % Up 65.6 % (JPY mil.) Operating Expenses Up 24.0% * Net income attributable to owners of the parent company.
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© 2026 Japan Exchange Group, Inc. 3 Information Services +2,550 Listing Services +1,296 • Trading services revenue and clearing services revenue increased due to the lively Japanese stock market. • Revenue from deposited collateral assets related to interest rate swap transactions, etc. contributed to the increase in clearing services revenue. Operating Revenue Trading Services +19,103 (JPY mil.) Other +7 Clearing Services +18,340 89,322 131,002 ‒ Initial/Additional Listing Fees : +669 ‒ Annual Listing Fees : +627 y/y +41,680 (+46.7%) ‒ Cash Equities : +18,772 ‒ Financial Derivatives : +596 ‒ Commodity Derivatives : (266) FY2025 Q2 FY2026 Q2 System Services +381 - arrownet Usage Fees : +228 - Co-location Usage Fees : +297 - Others * : (144) * Revenue from system development and operations, etc. - Revenue from deposited collateral assets related to int erest rate swap transactions, etc. : +9,760
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© 2026 Japan Exchange Group, Inc. 4 • Personnel expenses increased due to factors such as wage increases. • System maintenance & operation expenses increased due to an increase in maintenance and repair expenses for each system. • Other operating expenses increased due to an increase in the amount returned to clearing participants for deposited collateral assets related to interest rate swap transactions, etc. *1 Operating Expenses (JPY mil.) Other +6,199 Real Estate-related Expenses *2 (51) Personnel Expenses +2,276 System Maintenance & Operation Expenses +1,092 Depreciation & Amortization (164) 38,917 FY2025 Q2 FY2026 Q2 *1 The amount of the revenue from deposited collateral assets related to interest rate swap transactions, etc. which has been returned to clearing participants is recorded under other operating expenses. *2 A portion of real estate-related expenses, which are reported under depreciation in line with IFRS 16, Leases, is included under "Real Estate-related Expenses" in this chart. y/y +9,352 (+24.0%) - Expenses from deposited collateral assets related to interest rate swap transactions, etc. : +6,466 48,270
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© 2026 Japan Exchange Group, Inc. 5 Trading Services Revenue Trading Services Revenue Transaction Fees (JPY mil.) Average Daily Trading Value/ Trading Volume y/y FY2026 FY2025 y/y FY2026 FY2025 Q2Q2Q2 Q2 +74.3 %42,210 24,223 +89.5 % 11.90 tril. 6.28 tril. Cash Equities *1 +13.1 %4,893 4,324 (0.9 %)45 mil. Contracts 46 mil. Contracts Financial Derivatives *2 +0.4 %873 869 +3.1 % 8.9 (10,000 contracts) 8.6 (10,000 contracts) TOPIX Futures (Large) (0.8 %)1,689 1,702 (3.3 %) 13.1 (10,000 contracts) 13.5 (10,000 contracts) Nikkei 225 Futures (Including mini and micro *2 ) +8.9 %1,188 1,090 +70.7 % JPY 40.7 bil. JPY 23.9 bil. Nikkei 225 Options +28.9 %1,249 969 +31.0 % 5.4 (10,000 contracts) 4.1 (10,000 contracts) 10-year JGB Futures (47.2 %) 304 577 (57.1 %) 271 (10,000 contracts) 633 (10,000 contracts) Commodity Derivatives *2 • Trading services revenue increased significantly due to an increase in the trading value of cash equities. • The increase in trading volume of 10-year JGB Futures contributed to the increase in transaction fees for financial derivatives. 34,767 53,870 FY2025 Q2 FY2026 Q2 Trading Value, Trading Volume, and Transaction Fees of Major Products (JPY mil.) *1 Average daily trading value of auction and off-aucti on trades of common stock on the Prime, Standard, and Gr owth Markets and TOKYO PRO Market, as well as ETFs/ETNs/REITs, etc. *2 In line with the contract unit of each, the trading volumes of mini contracts and micro contracts are calculated using factors of 1/10 and 1/100, respectively.
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© 2026 Japan Exchange Group, Inc. 6 6.0 9.9 6.1 13.3 5.9 14.1 6.0 12.5 6.8 11.3 6.9 10.3 Market Trends (Cash Equities) Cash Equities Average Daily Trading Value (JPY tril.) Average Daily Trading Value by Market Division (J PY) FY2026 FY2025 y/y Q2 Q2 +103.6 % 9.66 tril. 4.75 tril. Prime Market Domestic Stocks Auction +6.6 % 198.7 bil. 186.4 bil. Standard Market +2.1 % 208.0 bil. 203.7 bil. Growth Market +75.2 % 434.7 bil. 248.1 bil. ETFs/ETNs +58.1 % 1,359.3 bil. 859.6 bil. Off-auction +89.5 % 11.90 tril. 6.28 tril. Cash Equities (auction/off-auction) Total *2 *2 Average daily trading value of auction and off-auction trades of common stock on the Prime, Standard, and Growth Markets and TOKYO PRO Market, as well as ETFs/ETNs/REITs, etc. Sep. Aug. Jul. Jun. May Apr. ■/■：FY2026 *1 ■ /■：FY2025 *1 *1 The red and dark gray bars represent the trading value of domestic stocks on the Prime Market during regular trading in FY2026 and FY2025, respectively.
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© 2026 Japan Exchange Group, Inc. 7 Market Trends (Derivatives) Monthly Trading Volume (100 mil. contracts) Average Daily Trading Volume/Value of Major Products (Trading volume: 10,000 contracts) FY2026 FY2025 y/y Q2 Q2 +3.1 % 8.9 8.6 TOPIX Futures (Large) (10.2 %) 5.4 6.0 Nikkei 225 Futures (Large) (3.5 %) 67.8 70.3 Nikkei 225 mini +70.7 % JPY 40.7 bil. JPY 23.9 bil. Nikkei 225 Options +31.0 % 5.4 4.1 10-year JGB Futures +21.8 % 238 mil. contracts 196 mil. contracts Total Trading Volume for Financial Derivatives (0.9 %) 45 mil. contracts 46 mil. contracts Converted into Large- sized Contracts *2 (61.4 %) 1.3 3.3 Gold Futures (standard) (34.7 %) 0.3 0.4 Platts Dubai Crude Oil Futures (47.1 %) 440 832 Total Trading Volume for Commodity Derivatives (57.1 %) 271 633 Converted into Large- sized Contracts *2 0.50 0.37 0.31 0.35 0.32 0.52 0.29 0.49 0.28 0.33 0.35 0.38 -30 -20 -10 0 10 20 30 40 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 *2 In line with the contract unit of each, the trading volumes of mini contracts and micro contracts are calculated using factors of 1/10 and 1/100, respectively. ■/■：FY2026 *1 ■/■：FY2025 *1 ー：(Ref.) Nikkei VI (Avg.) *1 The blue and dark gray bars represent the trading volume of financial derivatives in FY2026 and FY2025, respectively. Sep. Aug. Jul. Jun. May Apr.
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© 2026 Japan Exchange Group, Inc. 8 * Except convertible bonds Clearing Services Revenue 0 100 200 300 JGB OTC Transactions Clearing Services Revenue 23,059 41,399 FY2025 Q2 FY2026 Q2 0 5 10 15 20 FY2025 Q2 FY2026 Q2 0 50 100 TOPIX Futures Nikkei 225 Futures (Large) Nikkei 225 Options 10-year JGB Futures 1,500 2,000 2,500 3,000 Interest Rate Swap (JPY tril.) (Ref.) Average Daily Obligations Assumed for Other Major Products (1,000 contracts (Nikkei 225 Options: JPY bil.)) (Trades) (JPY tril.) (Ref.) Average Daily Obligations Assumed for Cash Equities* ■ FY2025 Q2 ■ FY2026 Q2 (JPY mil.) • The increase in revenue from deposited collateral assets related to interest rate swap transactions, etc. and the increase in obligations assumed for cash equities contributed to the increase in clearing services revenue.
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© 2026 Japan Exchange Group, Inc. 9 7,902 9,198 FY2025 Q2 FY2026 Q2 Listing Services Revenue Listing Services Revenue (JPY mil.) y/y FY2026 Q2 FY2025 Q2 +55.0%1,884 1,215 Initial/Additional Listing Fees +9.4%7,314 6,686 Annual Listing Fees 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 FY2025 Q2 FY2026 Q2 IPOs REITs Offerings to shareholders and Private placements Public Offerings (excluding IPOs) (JPY tril.) (Ref.) Amount of Financing Breakdown of Listing Services Revenue (JPY mil.) • Initial/additional listing fees increased due mainly to an increase in financing. • Annual listing fees increased due to an increase in assets under management resulting from domestic ETF prices exceeding the previous years’ prices as of the calculation of annual listing fees (end of each year).
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© 2026 Japan Exchange Group, Inc. 10 6,855 7,237 FY2025 Q2 FY2026 Q2 Information Services Revenue & System Services Revenue Information Services Revenue (JPY mil.) 16,280 18,831 FY2025 Q2 FY2026 Q2 System Services Revenue (JPY mil.) y/y FY2026 Q2 FY2025 Q2 +12.7%2,029 1,801 arrownet Usage Fees +9.3%3,492 3,194 Co-location Usage Fees (7.8%)1,715 1,859 Others * (Ref.) TOPIX Average Breakdown of System Services Revenue 2,200 2,600 3,000 3,400 3,800 4,200 FY2025 Q2 FY2026 Q2 (Pts.) * Revenue from system development and operations, etc. (JPY mil.) • Information services revenue increased due mainly to an increase in revenue from market information usage fees resulting from the expanded use of market data and an increase in revenue from index licensing fees resulting from higher stock prices. • System services revenue increased due mainly to an increase in the usage of co-location services.
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© 2026 Japan Exchange Group, Inc. 11 FY2026 (Forecast) FY2025 Change from the July 28 forecast Revised on September 24 Revised on July 28 +4.6 % 252,500 241,500 198,735 Operating Revenue (JPY mil.) +2.6 % 100,000 97,500 83,598 Operating Expenses (JPY mil.) +6.2 % 154,500 145,500 116,289 Operating Income (JPY mil.) +6.6 % 105,000 98,500 79,139 Net Income (JPY mil.) (Attributable to owners of the parent company) -JPY 102.88 JPY 96.40 JPY 76.81 Earnings Per Share +6.5 % JPY 82 JPY 77 JPY 61 Dividend Per Share -Approx. 80% Approx. 80% 79.4% Dividend Payout Ratio FY2026 Forecast Average daily trading volume/value of major products FY2026 (Forecast) FY2025 Change from the July 28 forecast Revised on September 24 Revised on July 28 +7.8 % JPY 11 tril.JPY 10.2 tril. JPY 7.5243 tril. Cash Equities (trading value) *1 +1.1 % 88,000 contracts 87,000 contracts 89,529 contracts TOPIX Futures (trading volume) (2.2 %) 133,000 contracts 136,000 contracts 137,175 contracts Nikkei 225 Futures (trading volume) *2 +28.3 % JPY 38.5 bil.JPY 30.0 bil. JPY 28.8 bil. Nikkei 225 Options (trading value) +2.0 % 52,000 contracts 51,000 contracts 45,286 contracts 10-year JGB Futures (trading volume) *1 Average daily trading value of auction and off-auction trades of common stock on the TSE Prime, Standard, and Growth Markets and the TOKYO PRO Market, as well as ETFs/ETNs/REITs, etc. *2 Includes Nikkei 225 mini contracts (calculated using a factor of 1/10) and Nikkei 225 Micro Futures contracts (calculated using a factor of 1/100). • There is no change from the “Notice of Revisions to Earnings Forecast and Dividend Forecast” released on September 24, 2026.
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12 © 2026 Japan Exchange Group, Inc. Reference Materials
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© 2026 Japan Exchange Group, Inc. 13 ■Quarterly Business Performance * A portion of real estate-related expenses, which are reported under depreciation in line with IFRS 16, Le ases, is included under "Real Estate-related Expenses" in this chart. Referential Financial Data FY2026 FY2025 FY2026 FY2025 y/y Apr. –Sep. Apr. –Sep. y/y Q2 Q1 Q4 Q3 Q2 Q1 +46.7% 131,002 89,322 +42.8% 65,487 65,515 59,108 50,304 45,871 43,451 Operating Revenue +38.0% 115,909 83,990 +34.9% 56,995 58,914 52,177 46,629 42,244 41,746 Excluding Revenue from Deposited Collateral Assets +54.9% 53,870 34,767 +49.5% 26,033 27,837 22,907 19,724 17,410 17,356 Trading Services Revenue +79.5% 41,399 23,059 +71.5% 21,249 20,150 17,566 13,616 12,393 10,665 Clearing Services Revenue +16.4% 9,198 7,902 +13.0% 4,679 4,519 6,099 4,681 4,141 3,760 Listing Services Revenue +15.7% 18,831 16,280 +15.9% 9,520 9,311 8,826 8,562 8,211 8,069 Information Services Revenue +5.6% 7,237 6,855 +8.9% 3,756 3,480 3,502 3,480 3,450 3,404 System Services Revenue +1.6% 464 457 (6.0%) 247 217 206 238 262 194 Other Operating Revenue +24.0% 48,270 38,917 +25.5% 25,123 23,146 24,017 20,663 20,014 18,903 Operating Expenses +8.0% 39,061 36,176 +10.0% 20,084 18,976 20,058 18,467 18,262 17,913 Excluding Expenses from Deposited Collateral Assets +20.3% 13,492 11,216 +26.8% 7,334 6,157 7,258 5,832 5,783 5,432 Personnel Expenses +10.6% 11,407 10,315 +10.7% 5,749 5,657 5,274 5,242 5,195 5,119 System Maintenance & Operation Expenses (2.3%) 6,964 7,128 (4.1%) 3,423 3,540 3,471 3,583 3,569 3,559 Depreciation & Amortization (2.1%) 2,404 2,455 (4.9%) 1,200 1,203 1,204 1,211 1,261 1,194 Real Estate-related Expenses +79.5% 14,001 7,801 +76.4% 7,415 6,586 6,808 4,792 4,203 3,598 Other +65.1% 84,668 51,279 +57.2% 40,952 43,716 34,980 30,029 26,046 25,233 Operating Income +65.6% 57,210 34,553 +57.7% 27,643 29,567 24,146 20,439 17,523 17,029 Net Income (Attributable to owners of the parent company) +55.9% 94,583 60,673 +49.0% 45,912 48,670 39,767 34,808 30,808 29,865 EBITDA (JPY mil.) ■(Reference) Operating Expenses Applying IFRS 16 "Leases" (JPY mil.) FY2026 FY2025 y/y Q2 Q1 Q4 Q3 Q2 Q1 +26.8% 7,334 6,157 7,258 5,832 5,783 5,432 Personnel Expenses +10.7% 5,749 5,657 5,274 5,242 5,195 5,119 System Maintenance & Operation Expenses (3.4%) 4,401 4,518 4,440 4,546 4,558 4,490 Depreciation & Amortization (18.4%) 222 226 235 248 273 262 Real Estate-related Expenses +76.4% 7,415 6,586 6,808 4,792 4,203 3,598 Other +25.5% 25,123 23,146 24,017 20,663 20,014 18,903 Total
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© 2026 Japan Exchange Group, Inc. 14 Referential Financial Data ■Quarterly Operating Revenue FY2026 FY2025 FY2026 FY2025 Apr. – Sep. Apr. –Sep. Q2 Q1 Q4 Q3 Q2 Q1 y/y Ratio +54.9% 41.1% 53,870 34,767 26,033 27,837 22,907 19,724 17,410 17,356 Trading Services Revenue +62.8% 47,408 29,125 22,761 24,647 19,870 16,829 14,621 14,504 Transaction Fees +74.3% 89.0% *1 42,210 24,223 20,281 21,928 16,815 14,226 12,479 11,744 Cash Equities +13.1% 10.3% *1 4,893 4,324 2,339 2,553 2,733 2,221 1,890 2,434 Financial Derivatives +0.4% 873 869 417 455 479 431 423 446 TOPIX Futures (0.8%) 1,689 1,702 816 872 934 843 759 943 Nikkei 225 Futures *2 +8.9% 1,188 1,090 522 665 691 593 466 624 Nikkei 225 Options +28.9% 1,249 969 642 607 611 519 466 502 10-year JGB Futures －(107) (307) (58) (48) 17 (166) (224) (82) Others (47.2%) 0.6% *1 304 577 139 165 320 382 252 325 Commodity Derivatives +0.6% 481 478 243 238 237 239 239 239 Basic Fees +22.1% 3,770 3,087 1,889 1,881 1,736 1,614 1,508 1,579 Access Fees +6.7% 2,161 2,025 1,115 1,045 1,034 1,015 1,017 1,007 Trading System Facilities Usage Fees (3.6%) 48 50 23 24 28 25 24 25 Others +79.5% 31.6% 41,399 23,059 21,249 20,150 17,566 13,616 12,393 10,665 Clearing Services Revenue 48.4% 26,306 17,727 12,757 13,549 10,635 9,941 8,766 8,960 Excluding Revenue from Deposited Collateral Assets +16.4% 7.0% 9,198 7,902 4,679 4,519 6,099 4,681 4,141 3,760 Listing Services Revenue +55.0% 1,884 1,215 1,041 842 2,400 979 799 416 Initial/Additional Listing Fees +9.4% 7,314 6,686 3,638 3,676 3,698 3,702 3,342 3,344 Annual Listing Fees +15.7% 14.4% 18,831 16,280 9,520 9,311 8,826 8,562 8,211 8,069 Information Services Revenue +5.6% 5.5% 7,237 6,855 3,756 3,480 3,502 3,480 3,450 3,404 System Services Revenue +12.7% 2,029 1,801 1,125 904 919 917 904 896 arrownet Usage Fees +9.3% 3,492 3,194 1,792 1,700 1,645 1,640 1,623 1,571 Co-location Usage Fees (7.8%) 1,715 1,859 839 875 938 922 923 936 Others *3 +1.6% 0.4% 464 457 247 217 206 238 262 194 Other Operating Revenue +46.7% 100.0% 131,002 89,322 65,487 65,515 59,108 50,304 45,871 43,451 Total *1 Figures indicate percentage of Transaction Fees. *2 Inclu des Nikkei 225 mini and micro. *3 Revenue from system d evelopment and operations, etc. (JPY mil.)
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© 2026 Japan Exchange Group, Inc. 15 ■Annual Business Performance *1*2 Referential Financial Data FY2025 FY2024 FY2023 FY2022 FY2021 198,735 162,230 152,871 133,991 135,432 Operating Revenue 77,399 64,515 61,585 53,089 53,196 Trading Services Revenue 54,242 34,445 32,885 28,008 27,945 Clearing Services Revenue 18,682 17,309 15,590 13,666 15,736 Listing Services Revenue 33,669 31,899 29,763 27,597 27,175 Information Services Revenue 13,838 13,269 12,066 10,915 10,819 System Services Revenue 902 791 981 715 559 Other Operating Revenue 83,598 75,071 71,554 67,502 63,220 Operating Expenses 24,307 23,740 22,396 19,599 19,048 Personnel Expenses 20,832 20,492 19,099 16,931 14,984 System Maintenance & Operation Expenses 14,183 14,625 14,562 15,557 14,364 Depreciation & Amortization 4,872 4,792 4,871 4,687 4,391 Real Estate-related Expenses 19,402 11,420 10,624 10,727 10,431 Other 116,289 90,122 87,444 68,253 73,473 Operating Income 79,139 61,092 60,822 46,342 49,955 Net Income (Attributable to owners of the parent company) 135,249 108,812 105,811 87,275 91,025 EBITDA (JPY mil.) *1 A portion of real estate-related expenses, which are reported under depreciation in line with IFRS 16, L eases, is included under "Real Estate-related Expenses" in this chart. *2 Expense recording classifications have been partially chan ged from the FY2022 financial results due to the establ ishment of JPX Market Innovation & Research, Inc. (system de velopment-related costs previously included in “other” under operating expenses are now included in p ersonnel expenses and system maintenance & operation expe nses).
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© 2026 Japan Exchange Group, Inc. 16 As of Sep. 30, 2026 As of Mar. 31, 2026 Liabilities and equity Liabilities Current liabilities 7,643 8,668 Trade and other payables 52,497 52,493 Bonds and loans payable 51,210,758 63,401,208 Clearing business financial liabilities 6,282,191 7,716,198 Deposits from clearing participants 550 549 Legal guarantee funds 12,705 10,827 Trading participant security deposits 28,053 23,404 Income tax payables 14,018 16,687 Other current liabilities 57,608,419 71,230,038 Total current liabilities Non-current liabilities 7,597 7,484 Retirement benefit liabilities 4,195 4,313 Other non-current liabilities 102 120 Deferred tax liabilities 11,895 11,918 Total non-current liabilities 57,620,314 71,241,956 Total liabilities Equity 11,500 11,500 Share capital 38,923 38,929 Capital surplus (23,885) (4,092) Treasury shares 610 625 Other components of equity 318,118 298,052 Retained earnings 345,266 345,015 Total equity attributable to owners of the parent company 13,913 12,594 Non-controlling interests 359,180 357,609 Total equity 57,979,495 71,599,566 Total liabilities and equity *2 *3 *1 *4 Referential Financial Data ■Consolidated Statement of Financial Position As of Sep. 30, 2026 As of Mar. 31, 2026 Assets Current assets 141,854 110,471 Cash and cash equivalents 23,627 24,666 Trade and other receivables 51,210,758 63,401,208 Clearing business financial assets 6,282,191 7,716,198 Specified assets for deposits from clearing participants 550 549 Specified assets for legal guarantee funds 139,410 164,010 Other financial assets 2,765 3,990 Other current assets 57,801,159 71,421,095 Total current assets Non-current assets 10,366 12,264 Property and equipment 69,360 69,360 Goodwill 30,626 30,286 Intangible assets 49 -Retirement benefit assets 22,392 21,276 Investments accounted for using the equity method 27,948 27,948 Specified assets for default compensation reserve funds 3,591 3,617 Other financial assets 6,888 6,816 Other non-current assets 7,113 6,900 Deferred tax assets 178,336 178,471 Total non-current assets 57,979,495 71,599,566 Total assets *1 Clearing business financial assets and liabilities assumed as a clearing organization *2 Deposits from clearing participants deposited by clearing participants as collateral *3 *4 *5 Deposits and reserve funds based on the rules for securing the safety of financial instruments transactions and other transactions *6 Including “default compensation reserve funds *5 " *1 *2 *3 *5 *6 (JPY mil.)
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© 2026 Japan Exchange Group, Inc. 17 Referential Financial Data ■Assets, Liabilities, and Equity For assets and liabilities of JPX Group, "clearing business financial assets and liabilities"* 1 assumed by JSCC as a clearing organization and "deposits from clearing participants"* 2 deposited by clearing participants as collateral are included under both assets and liabilities. "Clearing business financial assets and liabilities"* 1 and "deposits from clearing participants"* 2 have a large impact on the amount of assets and liabilities of JPX Group due to their sizable amounts and daily fluctuations subject to changes in clearing participants' positions. In addition, "legal guarantee funds,"* 3 “trading participant security deposits,"* 4 and "default compensation reserve funds"* 5 based on the rules for securing the safety of financial instruments transactions and other transactions are included under both assets and either liabilities or equity. The figures shown in parentheses in the table below are those calculated by excluding "clearing business financial assets,"* 1 "deposits from clearing participants,"* 2 "legal guarantee funds,"* 3 and "default compensation reserve funds"* 5 from total assets, and by excluding "default compensation reserve funds"* 5 from total equity and total equity attributable to owners of the parent company. Ratio of total equity attributable to owners of the parent company to total assets Total equity attributable to owners of the parent company Total equity Total assets % 0.6 (69.3) JPY mil. 345,266 (317,318) JPY mil. 359,180 (331,232) JPY mil. 57,979,495 (458,046) FY2026 Q2 0.5 (69.9) 345,015 (317,067) 357,609 (329,661) 71,599,566 (453,661) FY2025 * The footnotes from the previous page also apply to the contents of this page.
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© 2026 Japan Exchange Group, Inc. 18 ■Trading Volume/Value FY2026 FY2025 y/y Q2 Q1 Q4 Q3 Q2 Q1 Trading Value of Cash Equities (JPY mil.) +78.4 % 641,577,322 691,769,810 515,034,530 433,573,319 359,552,707 327,014,654 Prime *1 (6.0 %) 12,331,397 14,198,456 14,922,495 11,312,416 13,113,187 11,684,677 Standard *1 +1.6 % 13,421,090 13,122,267 10,266,713 10,019,799 13,211,893 13,145,981 Growth *1 +41.5 % 29,162,704 36,804,831 33,546,304 28,209,532 20,615,133 20,701,991 ETFs/ETNs/REITs, etc. *2 Financial Derivatives Trading Volume (contracts) (Tradi ng Value for Nikkei 225 Options) (0.6 %) 5,203,422 5,628,660 5,853,433 5,317,797 5,234,328 5,439,414 TOPIX Futures +2.8 % 7,701,175 8,239,394 8,592,397 8,115,794 7,489,6379,272,963 Total Nikkei 225 Futures/mini/micro *3 (10.3 %) 3,080,705 3,474,472 3,700,209 3,548,786 3,432,951 3,986,260 Nikkei 225 Futures +7.9 % 40,687,874 42,072,121 43,696,081 41,675,321 37,696,969 49,449,512 Nikkei 225 mini +92.2 % 55,168,268 55,770,943 52,257,986 39,947,624 28,698,917 34,175,157 Nikkei 225 micro +77.9 % 2,256,713 2,712,507 2,292,805 1,782,178 1,268,643 1,690,227 Nikkei 225 Options (JPY mil.) +37.6 % 3,379,093 3,196,047 3,216,359 2,731,318 2,456,048 2,646,148 10-year JGB Futures Commodity Derivatives Trading Volume (contracts) *4 (56.0 %) 854,509 866,380 1,972,707 2,545,237 1,942,971 2,358,761 Gold Futures (Total standard/mini/rolling spot) *5 (63.8 %) 217,144 269,061 578,342 734,025 599,446 742,270 Platinum Futures (Total standard/mini/rolling spot) *6 (33.7 %) 157,277 199,032 274,222 237,884 237,295 317,530 Platts Dubai Crude Oil +42.6 % 60,058 61,728 58,477 44,864 42,112 55,562 Rubber Futures (RSS3) *1 Value of auction and off-auction trading of common stocks. *2 Total value of auction and off-auction trading. *3 Nikkei 225 mini contracts and Nikkei 225 micro contracts are calculated using factors of 1/10 and 1/100, respectively. *4 Excluding cash-settled contracts. *5 Mini and rolling spot contracts are calculated using a factor of 1/10. *6 Mini and rolling spot contracts are calculated using a factor of 1/5. Major Products Data
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© 2026 Japan Exchange Group, Inc. 19 ■Average Daily Trading Volume/Value FY2026 FY2025 y/y Q2 Q1 Q4 Q3 Q2 Q1 +74.1 % 11,417,994 12,391,740 9,892,590 7,792,190 6,556,436 6,008,839 Trading Value of Cash Equities (JPY mil.) *1 Financial Derivatives Trading Volume (contracts) (Tradi ng Value for Nikkei 225 Options) +1.0 % 85,302 92,273 100,921 85,771 84,425 87,732 TOPIX Futures +4.5 % 126,249 135,072 148,145 130,900 120,801 149,564 Total Nikkei 225 Futures/mini/micro *2 (8.8 %) 50,503 56,959 63,797 57,238 55,370 64,295 Nikkei 225 Futures +9.7 % 667,014 689,707 753,381 672,183 608,016 797,573 Nikkei 225 mini +95.4 % 904,398 914,278 901,000 644,317 462,886 551,212 Nikkei 225 micro +80.8 % 36,995 44,467 39,531 28,745 20,462 27,262 Nikkei 225 Options (JPY mil.) +39.8 % 55,395 52,394 55,454 44,054 39,614 42,680 10-year JGB Futures Commodity Derivatives Trading Volume (contracts) *3 (55.3 %) 14,008 14,203 34,012 41,052 31,338 38,045 Gold Futures (Total standard/mini/rolling spot) *4 (63.2 %) 3,560 4,411 9,971 11,839 9,668 11,972 Platinum Futures (Total standard/mini/rolling spot) *5 (32.6 %) 2,578 3,263 4,728 3,837 3,827 5,121 Platts Dubai Crude Oil +45.1 % 985 1,012 1,008 724 679 896 Rubber Futures (RSS3) *1 Average daily trading value of auction and off-auction trades of common stock on the TSE Prime, Standard, and Growth Markets and the TOKYO PRO Market, as well as ETFs/ETNs/REITs, etc. *2 Nikkei 225 mini contracts and Nikkei 225 micro contracts are calculated using factors of 1/10 and 1/100, respectively. *3 Excluding cash-settled contracts. *4 Mini and rolling spot contracts are calculated using a factor of 1/10. *5 Mini and rolling spot contracts are calculated using a factor of 1/5. Major Products Data
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