Japan Exchange Group H1 profit up 65.6%
Japan Exchange Group, Inc. (JPX) reported a 65.6% rise in first-half net income attributable to owners, to ¥57,210m. JPX runs the Tokyo Stock Exchange, Osaka Exchange and the clearing house Japan Securities Clearing Corporation, which stands behind trades once they are made.
The figures cover the six months to 30 September 2026. Operating revenue, the income from running its markets and services, rose 46.7% to ¥131,002m.
| ¥ million | Six months to 30 September 2026 | Six months to 30 September 2025 | Change |
|---|---|---|---|
| Operating revenue | 131,002 | 89,322 | +46.7% |
| Operating income | 84,668 | 51,279 | +65.1% |
| Net income attributable to owners | 57,210 | 34,553 | +65.6% |
Profit grew faster than revenue. Operating expenses rose 24.0% to ¥48,270m, which left operating income up 65.1%. Basic earnings per share were ¥55.95 against ¥33.46, before the share split.
Revenue rose ¥41,680m in total. Trading services added ¥19,103m and clearing services ¥18,340m, which JPX attributes to a lively Japanese stock market. Average daily trading value reached ¥11.90tn against ¥6.28tn, up 89.5%, and cash equities transaction fees rose 74.3% to ¥42,210m.
Part of the clearing gain came from interest rate swaps. Income on deposited collateral assets, the margin lodged with the clearing house, added ¥9,760m. The matching expense, partly returned to clearing participants, added ¥6,466m to costs.
JPX will pay an interim dividend of ¥41 per share, against ¥25, from 1 December 2026. It left its full-year forecast to 31 March 2027 unchanged, with operating revenue of ¥252,500m and net income attributable to owners of ¥105,000m.
JPX also announced a 2-for-1 share split, in which each share becomes two. The record date is 31 March 2027 and the split takes effect on 1 April 2027, lifting outstanding shares from 1,022,298,636 to 2,044,597,272. JPX said the aim is to reduce the minimum investment unit for individual investors.
On 10 November 2026 JPX will cancel 9,486,700 treasury shares, the shares a company holds itself, equal to 0.92% of issued shares. Issued shares after the cancellation will be 1,022,298,636. The year-end dividend will be paid on pre-split shares.
