Japan Exchange : Jan. 28, 2021JPXDisclosure Consolidated financial results for the nine months ended December 31, 2020 (Based on IFRS), unaudited

(Reference Translation)

January 28, 2021

Japan Exchange Group, Inc. and Consolidated Subsidiaries

Consolidated financial results for the nine months ended December 31, 2020

(Based on IFRS), unaudited

Company name:	Japan Exchange Group, Inc.	Stock Exchange Listings: Tokyo
Code number:	8697	URL: https://www.jpx.co.jp/english/
Representative:	Kiyota Akira, Director & Representative Executive Officer, Group CEO
Contact:	Miyaji Kazuyuki, Director, Corporate Communications
Scheduled date of filing of quarterly report:	February 12, 2021
Scheduled date of start of dividend payment:	－
Preparation of 3Q earnings presentation material:	Yes
Holding of 3Q earnings announcement:	None

1. Consolidated financial results for nine months ended December 31, 2020 (from April 1, 2020 to December 31, 2020)

(Figures less than a million yen are omitted)

(1) Consolidated operating results (cumulative)

(Percentages represent changes year on year)

															Net income
	Operating	Operating		Income before	Net income	attributable to		Comprehensive
	revenue	income		income tax	owners of the		income
															parent company
	Mil. yen		%	Mil. yen	%		Mil. yen		%		Mil. yen		%	Mil. yen	%		Mil. yen	%
Nine months ended
97,273	11.3	54,365		12.8	54,479	12.1		37,894	11.6	37,361		12.1	39,152	4.7
December 31, 2020
Nine months ended
87,433	(5.0)	48,176		(11.3)	48,586	(12.1)		33,953	(12.6)	33,317		(13.3)	37,398	(4.4)
December 31, 2019
	Basic earnings	Diluted earnings
		per share					per share
				yen						yen
Nine months ended			69.80
December 31, 2020								－
Nine months ended			62.22
December 31, 2019								－
(2) Consolidated financial position
												Total equity attributable to	Ratio of total equity
												attributable to owners of
	Total assets		Total equity	owners of the parent
		the parent company to
													company
																total assets
				Mil. yen						Mil. yen					Mil. yen					%
As of December 31,	59,393,100					313,755					306,473					0.5
2020
As of March 31, 2020	67,286,302					305,375					298,228					0.4

• Sizable amounts of "Clearing business financial assets and liabilities" and "Deposits from clearing participants" pertaining to clearing business conducted by consolidated subsidiary Japan Securities Clearing Corporation are included in assets and liabilities of JPX Group (meaning JPX and its subsidiaries). For JPX Group's financial position excluding "Clearing business financial assets and liabilities", "Deposits from clearing participants", etc., see "1. QUALITATIVE INFORMATION ON OPERATING RESULTS AND FINANCIAL POSITION - (2) Explanation on Financial Position" on Page 4 of the Appendix.

2. Dividends

Annual dividends per share

First quarter-end

Second quarter-end

Third quarter-end

Fiscal year-end

Total

yen

yen

yen

yen

yen

Year ended

24.00

30.00

54.00

March 31, 2020

－

－

Year ending

26.00

－

－

March 31, 2021

Year ending March 31,

26.00

52.00

2021 (Forecast)

(Note) Change in dividends forecast from the most recent announcement: None

3. Consolidated earnings forecast for the fiscal year ending March 31, 2021 (from April 1, 2020 to March 31, 2021) (Percentages represent changes year on year)

											Net income
	Operating	Operating	Income before	Net income	attributable to	Basic earnings
	revenue		income		income tax	owners of the	per share
											parent company
	Mil. yen		%	Mil. yen		%	Mil. yen	%	Mil. yen	%	Mil. yen	%	yen
Year ending
126,000		1.9	65,500		(4.4)	65,600	(5.1)	46,000	(4.8)	45,500	(4.4)	85.00
March 31, 2021

(Note) Change in earnings forecast from the most recent announcement: None

* Notes

1. Changes in significant subsidiaries during the period (Changes in specified subsidiaries that caused changes in the scope of consolidation): None
2. Changes in accounting policies / changes in accounting estimates

1. Changes in accounting policies due to revisions in accounting standards under IFRS: None
2. Changes in accounting policies other than the above: None
3. Changes in accounting estimates: None

1. Number of issued shares (common shares)

1. Number of issued shares at the end of the period (including treasury shares):

	As of December 31, 2020:	536,351,448
	As of March 31, 2020:	536,351,448
2)	Number of treasury shares at the end of the period:
	As of December 31, 2020:	1,069,255
	As of March 31, 2020:	904,476
3)	Average number of shares:
	Nine months ended December 31, 2020:	535,301,916
	Nine months ended December 31, 2019:	535,467,238

*This release is outside the scope of the quarterly review by certified public accountants or an audit firm.

* Explanation on appropriate use of forecast and other special items

This material contains earnings forecast and other forward-looking statements which are based on available information and certain assumptions that are considered reasonable at the time of preparation. Various factors may cause actual results, etc. to be materially different from those expressed in these forward-looking statements.

DISCLAIMER: This translation may be used for reference purposes only. 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 shall prevail. This translation is subject to change without notice. Japan Exchange Group, Inc., and/or its affiliates shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.

(Appendix)

Contents of Appendix

1. QUALITATIVE INFORMATION ON OPERATING RESULTS AND FINANCIAL POSITION …2
2. 1. Explanation on Operating Results …2
   2. Explanation on Financial Position …4
   3. Explanation on Forecast Information such as Consolidated Earnings Forecast, etc. …5
3. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND NOTES …6
4. 1. Condensed Consolidated Statement of Financial Position …6
   2. Condensed Consolidated Statement of Income …8
   3. Condensed Consolidated Statement of Comprehensive Income …9
   4. Condensed Consolidated Statement of Changes in Equity …10
   5. Notes on Condensed Consolidated Financial Statements …12

(Note on Going-Concern Assumption) …12 (Operating Revenue) …12

(Operating Expenses) …12

Information on Risks Related to Coronavirus, etc.

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