SM-ECO-10060 · Japan

SM-ECO-10060sm-eco-10060.org/market/jp/

Japan · jp-eco-10060

chapter jp.chapter.v11 · supersedes jp.chapter.v10 · as of 2026-10-31 · node jp-cm-kg · https://mcp.jp-cm-kg.ai/book/

7.2 The field element (every catalogue entry below is one of these)

Ask get_orderability with: Qualified Institutional Investors — the client categories the chapter names, in the regime's own words (AIO client_categories, jp.aio.v5) · https://mcp.jp-cm-kg.ai/book/aio.json. The other category lists below are the chapter's ECO and ACM fields, not the identifiers the door takes.

Appendix A · ECO market section

ECO · jp.eco.v3 · supersedes jp.eco.v2 · produced 2026-10-31T02:07:23Z · signed on the node door

The catalogue starts from identifying the duty, obtaining the relevant facts, recognising constraints, supporting an action and preserving evidence. It retains the current page's sourceable information and extends the chapter beyond the page. Each regime is scoped to the instruments, actors and activities its evidence applies to. No tax or settlement value is treated as universal to a market.

`jurisdiction_scope`Territory, regime boundaries and cross-border applicability	not found
`competent_authorities`Regulators, competent authorities and allocation of responsibility	Financial Services Agency (FSA), Government of Japan - operates EDINET and receives annual securities reports under the Financial Instruments and Exchange Act source https://disclosure2.edinet-fsa.go.jp/weee0010.aspx · dated not found
`duty_map`Applicable product-governance and suitability duties by activity and actor	duty suitability principle (FIEA Article 40) source https://mcp.getissuer.ai/mcp · dated not found
`regulated_activities`Activities requiring authorisation and their scope	category Type I Financial Instruments Business basis Article 28(1) of the FIEA category Type II Financial Instruments Business basis Article 28(2) of the FIEA category Investment Advisory and Agency Business basis Article 28(3) of the FIEA category Investment Management Business basis Article 28(4) of the FIEA source https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section06.html · dated 2026-08-03
`product_categories`Instrument classes, exclusions and special regimes	class national government bonds class municipal bonds class bonds class share certificates and share option certificates class beneficiary securities of investment trusts or foreign investment trusts class mortgage securities class securities or certificates issued by a foreign state or foreign person class Options source https://www.fsa.go.jp/common/law/fie01.pdf · dated April 1, 2008
`issuer_and_listing_scope`Domicile, listing and issuer-status distinctions	issuer_definition a person who issues, or intends to issue, Securities source https://www.fsa.go.jp/common/law/fie01.pdf · dated April 1, 2008
`exchanges_and_venues`Venue identities linked to AMP records	name Tokyo Stock Exchange (TSE; Prime Market and Standard Market named in the Guidebook) - Japan Exchange Group listings_page https://www.jpx.co.jp/english/listing/co-search/index.html source https://www.jpx.co.jp/english/equities/listing/disclosure/tdnet/index.html · dated not found
`information_stores`Authoritative regulated-information repositories	Statutory filings: EDINET (FSA). Timely disclosure: TDnet (Timely Disclosure network, TSE) posted to JPX 'Company Announcements Disclosure Service' / 'Company Announcements Service (English)' and 'Listed Company Search' source https://www.jpx.co.jp/english/equities/listing/disclosure/tdnet/index.html · dated not found
`store_lookup`Documented lookup methods and identifier requirements	store Company Announcements Disclosure Service displayed_fields timely disclosure information disclosed via TDnet the date and time of disclosure listed exchange(s) company code company name title of the disclosure access via the websites of TSE and other stock exchanges, etc. participating in TDnet source https://www.jpx.co.jp/english/equities/listing/disclosure/tdnet/index.html · dated Feb. 28, 2022
`periodic_reporting`Periodic duties, deadlines, triggering events and exceptions	report Annual securities report and internal controls report (FIEA, via EDINET) deadline Within three months following the end of the fiscal year report Quarterly securities report (per FSA notice, 2021) deadline Within 45 days following the end of the quarterly accounting period report Semi-annual securities report (per FSA notice, 2021) deadline Within three months following the end of the interim accounting period report Earnings report (kessan tanshin) and quarterly financial results to TSE via TDnet deadline In principle, within 45 days from the end of the fiscal year / quarter (TSE Guidebook) source https://www.fsa.go.jp/en/ordinary/coronavirus202001/20210512-1.html · dated not found
`ad_hoc_disclosure`Event-driven and inside-information disclosure obligations	TSE Securities Listing Regulations timely disclosure: "a listed company is obliged to immediately disclose any items, excluding those falling under any of criteria for items having minor influence on investors' decision-making (De minimis Criteria)"; disclosure via TDnet source https://www.jpx.co.jp/english/equities/listing/disclosure/guidebook/dh3otn0000000xbv-att/Guidebook.pdf · dated not found
`filing_formats`Required formats, validation requirements and document types	TDnet: disclosure documents prepared as PDF (file under 10 MB, no print/search/copy prohibition); earnings report summary, quarterly financial results summary, and revisions to forecasts / dividend also submitted as XBRL. Statutory filings are electronic via EDINET (taxonomies/XBRL). source https://www.jpx.co.jp/english/equities/listing/disclosure/guidebook/dh3otn0000000xbv-att/Guidebook.pdf · dated not found
`filing_languages`Required or accepted languages and translation conditions	not found
`prospectus_regime`Offering and admission requirements, exemptions and thresholds	not found
`takeover_regime`Offer rules, control triggers and shareholder treatment	not found
`ownership_reporting`Significant holdings, beneficial ownership and notification duties	regime Chapter II-3 Disclosure of the Status of Large-Volume Holdings in Share Certificates, etc. provision Article 27-23 (Submission of Statements of Large-Volume Holdings) source https://www.japaneselawtranslation.go.jp/en/laws/view/2355/e regime Reporting by partners of Specified Partnerships, etc. holding 10% or more of voting rights of a Listed Company duty the partner having executed the Purchase, etc. or Sales, etc. is obligated to submit a report on the Sales and Purchase, etc. on or before the 15th day of the following month provision Article 165-2(1) and (2) of the FIEA source https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section07.html · dated 2026-08-03
`short_selling`Restrictions, disclosure, locate or borrowing requirements, emergency measures	restriction the FIEA prohibits a partner of a Specified Partnership, etc. from carrying out short selling, etc. of Specified Securities, etc. pertaining to the Listed Company, etc. with regard to assets of the Specified Partnership, etc. provision Article 165-2(15) of the FIEA source https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section07.html · dated 2026-08-03
`market_abuse`Insider dealing, manipulation and related disclosure regimes	conduct misegyoku (false orders to manipulate prices) treatment regarded as an act of market manipulation and is subject to criminal punishment and Administrative Monetary Penalty conduct short-term sales and purchases by an Officer or Major Shareholder of a Listed Company, etc. provision Articles 163 through 165 of the FIEA source https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section07.html · dated 2026-08-03
`trading_controls`Market-wide trading constraints and intervention powers	not found
`market_calendar`Authoritative calendars and exceptional closures	JPX Market Holidays (2026, 2027): markets closed on Saturdays, Sundays, national holidays and listed dates source https://www.jpx.co.jp/english/corporate/about-jpx/calendar/index.html · dated not found
`halts_sources`Official halt and suspension sources with scope	TSE trading halt system (Business Regulations Rule 29): trading resumes in principle 15 minutes after the listed company discloses clarifying information; JPX English home page carries a Trading Halt feed (RSS) source https://www.jpx.co.jp/english/equities/listing/disclosure/guidebook/dh3otn0000000xbv-att/Guidebook.pdf · dated not found
`identifiers`Security and entity identifier conventions and validation sources	not found
`isin_prefix`ISIN prefix information and its limits as a jurisdiction indicator	JP - Securities Identification Code Committee (SICC), "the designated ISIN code numbering agency for Japan" (formed by the securities exchanges and JASDEC; TSE is secretariat) source https://www.jpx.co.jp/english/sicc/news/01.html · dated not found
`lei_requirements`Legal Entity Identifier requirements and authoritative lookup references	LEI allocated by LOUs; JPX (Tokyo Stock Exchange) operates the JPX-LEI service as a Japanese LOU: "JPX has decided to become LOU in order to establish LEI allocation system in Japan" source https://www.lei.jpx.co.jp/lei/en/about.html · dated not found
`settlement`Settlement cycles by instrument and venue, exceptions and transition dates	instrument Stocks and other securities cycle T+2 effective July 16, 2019 (for executed trades) description delivery is made two business days after the trade date source https://www.jpx.co.jp/english/equities/clearing-settlement/tplus2-settlement-cycle/index.html · dated Jul. 03, 2023
`clearing_and_custody`Clearing, depository, custody and asset-protection frameworks	framework Separate management obligation (Article 43-2 of the FIEA) description the Securities subject to the strict separate management obligation imposed on Financial Instruments Business Operators, etc. and those subject to external audit on the state of separate management source https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section06.html · dated 2026-08-03
`corporate_actions`Rights, elections, notices and procedural deadlines	not found
`retail_access`Retail distribution limits, access restrictions and safeguards	scope Specially Permitted Businesses for Qualified Institutional Investors, etc. (self-offering after enforcement of the Revised FIEA of 2015) restriction The Principle of Suitability will be applied, and funds will be prohibited from soliciting investment from the general public source https://www.fsa.go.jp/en/news/2016/20160203-2.html · dated February 3, 2016
`cross_border_access`Foreign participation and cross-border offering or service restrictions	scope Specially Permitted Businesses for Qualified Institutional Investors, etc. restriction Disqualifying factor: in the case of a foreign juridical person, a person who has not determined a representative in Japan source https://www.fsa.go.jp/en/news/2016/20160203-2.html · dated February 3, 2016
`tax_at_source`Withholding regimes by income, instrument and recipient category; relief conditions	not found
`fees_and_levies`Transaction taxes, statutory levies and relevant charges	not found
`complaints_and_redress`Complaint, escalation and redress routes	item Establishment of Internal Control Environment for Dealing with Complaints, etc. item Response to the Financial ADR System cases Cases Where There is a Designated ADR Body Cases Where There is No Designated ADR Body item Response to Inquiries, Complaints, etc. source https://www.fsa.go.jp/common/law/guide/kinyushohin_eng.pdf · dated December 2025
`additional_duty_fields`Further sourceable duty-relevant fields, introduced through a versioned catalogue extension	not found

Appendix B · ACM register section

ACM · jp.acm.v3 · supersedes jp.acm.v2 · produced 2026-10-31T01:49:18Z · signed on the node door

The register revision is incorporated by reference to ACM-68000 (Agent Clearance Manifest) canonical text v1.0 §8.1 and is not redrawn here. These are chapter attachment fields connecting the chapter to that register; they never redefine rule_version, signal meanings or revision internals.

`register_revision_ref`Exact immutable revision governed by ACM-68000 §8.1	rule_version acm-68000/jp/suitability-principle-fiea-article-40/r1 path register/jp/acm-68000-jp-suitability-principle-fiea-article-40-r1.json content_hash sha256:ed1606f4d8614d1641e0f921efa001f6e6a9a59d4af391121239ad9f32c526a9 source https://www.amt-law.com/asset/res/JapanAI-InternationalAIinFinancialServicesReview2026_27E-Mail.pdf · dated 29 August 2026
`register_schema_ref`Authoritative register-revision schema and its version	ACM-68000 canonical text v1.0 §8.1 — a register revision source https://acm-68000.org/ · dated 2026-10-30
`chapter_evidence_ref`Immutable chapter version and section from which the revision was produced	chapter jp.chapter.v3 chapter_sha256 sha256:88597676e1b97b5ea1a46c3befd2b26b80cbcaf009ff029af1b2a8f20ebd7e08 sections family ECO version jp.eco.v2 field duty_map sha256 sha256:cedc1f076de89bca8b45ec1a562b84db8af1ec46cae4577e17f69820dae23e55 family ACM version jp.acm.v2 sha256 sha256:aeecf67142a7aba804d4f880a3580457ca163fc224bfe38a4cb4b124d2bd2ceb source https://mcp.getissuer.ai/mcp · dated 2026-10-31
`rule_applicability`Market-specific applicability evidence for the referenced revision	field actions value solicitation source_url https://www.amt-law.com/asset/res/JapanAI-InternationalAIinFinancialServicesReview2026_27E-Mail.pdf source_date 29 August 2026 field actor_classes value Financial Instruments Business Operators source_url https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section06.html source_date 2026-08-03 source https://www.amt-law.com/asset/res/JapanAI-InternationalAIinFinancialServicesReview2026_27E-Mail.pdf · dated 29 August 2026
`shared_revision_ref`Shared-family revisions produced by the apex, where applicable	not found
`national_overlay_ref`Separately versioned national additions or exceptions	not found
`revision_change_evidence`Sources supporting selection or succession of the referenced revision	field legal_reference value instrument Financial Instruments and Exchange Act provision Article 40(i) (suitability principle) instrument Financial Instruments and Exchange Act provision Article 38 (prohibits false statements and solicitation through conclusive evaluations of uncertain matters) source_url https://www.amt-law.com/asset/res/JapanAI-InternationalAIinFinancialServicesReview2026_27E-Mail.pdf source_date 29 August 2026 field effective_from value 2007-09-30 source_url https://www.fsa.go.jp/en/policy/fiel/index.html source_date 2026-08-03 field instrument_published value 2006-06-14 source_url https://www.fsa.go.jp/en/policy/fiel/index.html source_date 2026-08-03 source https://www.amt-law.com/asset/res/JapanAI-InternationalAIinFinancialServicesReview2026_27E-Mail.pdf · dated 29 August 2026

Appendix C · AIO orderability section

standard AIO-10060 · AI Orderability

AIO · jp.aio.v5 · supersedes jp.aio.v4 · produced 2026-10-31T22:33:24Z · signed on the node door

The chapter describes the source-backed determination framework. A product-specific orderability result requires the product record, the client category, the relevant evidence and the applicable rule revision; this section never manufactures that result from market membership alone. It adds no field to the deployed receipt.

`duty_revision_ref`Applicable immutable ACM rule revision	not found
`product_scope`Products and instrument categories covered by the target-market regime	instrument_class Securities rule Article 2(1) covers national government bonds cfi_categories DB source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T22:32:47Z instrument_class national government bonds rule Article 2(1)(i) covers national government bonds cfi_categories DB source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T22:32:47Z instrument_class municipal bonds rule Article 2(1)(ii) covers municipal bonds cfi_categories DN source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T22:32:47Z instrument_class bonds rule Article 2(1)(v) covers bonds (including those issued by a mutual company cfi_categories DB source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T22:32:47Z instrument_class share certificates and share option certificates rule Article 2(1)(ix) covers share certificates and share option certificates cfi_categories ES,RW source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T22:32:47Z instrument_class beneficiary securities of investment trusts or foreign investment trusts rule Article 2(1)(x) covers beneficiary securities of investment trusts or foreign investment trusts cfi_categories CI source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T22:32:47Z instrument_class beneficiary securities of loan trusts rule Article 2(1)(xii) covers beneficiary securities of loan trusts cfi_categories CM source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T22:32:47Z instrument_class mortgage securities rule Article 2(1)(xvi) covers mortgage securities prescribed in the Mortgage Securities Act cfi_categories DG source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T22:32:47Z source https://www.fsa.go.jp/common/law/fie01.pdf · dated April 1, 2008
`client_categories`Client classifications and source-backed qualification criteria	identifier Qualified Institutional Investors criteria persons specified by a Cabinet Office Ordinance as those having expert knowledge of and experience with investment in Securities rule Article 2(3)(i) source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T20:05:27Z source https://www.fsa.go.jp/common/law/fie01.pdf · dated April 1, 2008
`target_market`Positive target-market criteria and their applicability	products products and services, such as structured bonds criterion sold to a specifically targeted group of customers source https://www.fsa.go.jp/en/newsletter/weekly2022/496.html · dated June 30, 2022
`negative_target_market`Explicit exclusions or incompatible client characteristics	products products and services, such as structured bonds exclusion not considered to meet general customers' needs for medium- to long-term asset building source https://www.fsa.go.jp/en/newsletter/weekly2022/496.html · dated June 30, 2022
`distribution_conditions`Permitted distribution methods and constraints	condition the obligation to deliver documents prior to the conclusion of a contract party financial instruments business operator source_url https://www.fsa.go.jp/en/newsletter/weekly2022/496.html source_date June 30, 2022 read_at 2026-10-31T20:05:27Z source https://www.fsa.go.jp/en/newsletter/weekly2022/496.html · dated June 30, 2022
`manufacturer_distributor_roles`Responsibilities and information exchange between actors	actor Entrusting Financial Instruments Business Operator, etc. role liable for the damages caused to a customer with regard to the Financial Instruments Intermediary Service rendered by the Financial Instruments Intermediary Service Provider to which it entrusted said service rule Article 66-24 of the FIEA source_url https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section06.html source_date 2026-08-03 read_at 2026-10-31T18:38:03Z actor Financial Instruments Intermediary Service Provider role prohibited from receiving a deposit of money or Securities from customers with regard to its Financial Instruments Intermediary Service rule Article 66-13 of the FIEA source_url https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section06.html source_date 2026-08-03 read_at 2026-10-31T18:38:03Z actor Issuer role self-offering: solicits Offers to Acquire Securities newly issued by the Issuer; categorized as Type II Financial Instruments Business rule Article 28(2) of the FIEA source_url https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section06.html source_date 2026-08-03 read_at 2026-10-31T18:38:03Z source https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section06.html · dated 2026-08-03
`review_triggers`Required review events and periodic review conditions	not found
`evidence_requirements`Evidence needed to support a scoped outcome	not found
`exceptions`Source-backed exceptions with conditions and boundaries	exception Investment Management Business and Securities-Related Business conducted by financial institutions not categorized as Financial Instruments Business condition conducted by financial institutions provision the principal sentence of Article 2(8) of the FIEA source_url https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section06.html source_date 2026-08-03 read_at 2026-10-31T18:38:03Z exception Solicitation for Acquisition made only to Qualified Institutional Investors (not Public Offering of Securities) condition solicited Securities not likely to be transferred to any other person other than Qualified Institutional Investors provision Article 2(3)(ii)(a) source_url https://www.fsa.go.jp/common/law/fie01.pdf source_date April 1, 2008 read_at 2026-10-31T18:38:03Z source https://www.fsa.go.jp/en/laws_regulations/faq_on_fiea/section06.html · dated 2026-08-03
`orderability_profile_ref`Schema for the product, market and client-class outcome produced under these rules	not found
`sources`Supporting documents and provenance not attached to a specific field	not found

Appendix D · AMP venue section

standard AMP-10060 · Agentic Market Protocol

AMP · jp.amp.v2 · supersedes jp.amp.v1 · produced 2026-10-31T02:44:14Z · signed on the node door

Each venue record is keyed by its evidenced Market Identifier Code (MIC). Where an activity has no applicable code, the gap is preserved with a separately typed reference; no code is invented. This section supplies reference information only; it establishes no entitlement, permission to route or order placement. A later permission profile requires its own actor, instrument, action and endpoint evidence.

venue_mic · not found

`venue_identity`Venue name, operator and authoritative identity evidence	venue_name Tokyo Stock Exchange operator Tokyo Stock Exchange, Inc. owner Japan Exchange Group (JPX) source https://en.wikipedia.org/wiki/Tokyo_Stock_Exchange · dated March 31, 2022
`venue_scope`Operating or segment scope, products and jurisdiction bindings	market_segments Prime Market Standard Market Growth Market effective April 4, 2022 source https://www.jpx.co.jp/english/equities/improvements/market-structure/01.html · dated Sep. 19, 2023
`rules_page`Authoritative venue rule source	not found
`halts`Official halt information and applicability scope	event suspend trading in all shares for a whole day due to a technical glitch date October 1, 2020 scope all shares source https://en.wikipedia.org/wiki/Tokyo_Stock_Exchange · dated March 31, 2022
`calendar`Sessions, holidays and exceptional closures	sessions 9:00 a.m. to 11:30 a.m. 12:30 p.m. to 3:30 p.m. days all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance source https://en.wikipedia.org/wiki/Tokyo_Stock_Exchange · dated March 31, 2022
`clearing_house`Clearing relationships by instrument and service	clearing_house Japan Securities Clearing Corporation (JSCC) role central counterparty instruments cash equities JGBs exchange traded derivatives OTC interest rate swaps source https://www.londonstrategicedge.com/directory/exchanges/japan-exchange-group/ · dated April 1, 2026
`participant_roles`Defined participant categories and responsibilities	category specified investors scope TOKYO PRO-BOND Market description Market participants in the TOKYO PRO-BOND Market are limited to specified investors, which include non-Japanese residents source https://resourcehub.bakermckenzie.com/en/resources/cross-border-listings-guide/asia-pacific/tokyo-stock-exchange/topics/overview-of-exchange · dated 1 February 2026
`market_maker_obligations`Source-backed obligations and exemptions for market makers	not found
`gates`Documented entry, membership and access prerequisites	gate Prime Market market capitalization requirement The company's expected aggregate market capitalization as of the listing day must be at least ¥25 billion (approx. US$159.50 million) for a listing on the Prime Market. gate Operating history requirement A company is required to have continuously carried out its business for three full fiscal years before the listing application. gate Ownership requirement 800 or more shareholders worldwide, in the case of a listing on the Prime Market. 400 or more shareholders worldwide, in the case of a listing on the Standard Market. gate Corporate governance report requirement The company must submit a report concerning corporate governance. source https://resourcehub.bakermckenzie.com/en/resources/cross-border-listings-guide/asia-pacific/tokyo-stock-exchange/topics/quick-summary · dated 1 February 2026
`settlement_links`Related market or venue settlement records	name Final Settlement Prices url https://www.jpx.co.jp/english/markets/derivatives/special-quotation/ description The most recent Final Settlement Prices for each product are listed below. source https://www.jpx.co.jp/english/markets/derivatives/special-quotation/ · dated Oct. 30, 2026
`change_notices`Versioned rules changes and operational notices	title Development of Listing Rules for Cash Equity Market Restructuring (second set of revisions) date December 25, 2020 issuer Tokyo Stock Exchange, Inc. effective April 4, 2022 source https://www.jpx.co.jp/english/rules-participants/public-comment/detail/d1/b5b4pj000003twnu-att/b5b4pj000003twpy.pdf · dated December 25, 2020
`sources`Additional source-backed venue evidence	field market segments value The Prime Market. The Standard Market. The Growth Market. The TOKYO PRO Market. The TOKYO PRO-BOND Market. source https://resourcehub.bakermckenzie.com/en/resources/cross-border-listings-guide/asia-pacific/tokyo-stock-exchange/topics/overview-of-exchange · dated 1 February 2026

venue_mic · not found

`venue_identity`Venue name, operator and authoritative identity evidence	venue_name Tokyo Stock Exchange, Inc. (TSE) operator_group Japan Exchange Group, Inc. (JPX) legal_status licensed financial instruments exchange under the Financial Instruments and Exchange Act of Japan source https://www.jpx.co.jp/english/corporate/about-jpx/business/index.html · dated Aug. 21, 2025
`venue_scope`Operating or segment scope, products and jurisdiction bindings	segments Prime Standard Growth products ETFs ETNs jurisdiction Financial Instruments and Exchange Act of Japan source https://www.jpx.co.jp/english/corporate/about-jpx/business/index.html · dated Aug. 21, 2025
`rules_page`Authoritative venue rule source	name Securities Listing Regulations issuer Tokyo Stock Exchange (TSE) source https://www.jpx.co.jp/english/corporate/sustainability/jpx-esg/sasb/index.html · dated Oct. 30, 2026
`halts`Official halt information and applicability scope	venue Tokyo Stock Exchange (TSE) trigger information arises that may have a material effect on investment decisions and the details of that information are unclear or TSE deems it necessary to make the content of the information known, or when trading conditions are deemed abnormal resumption as a rule, trading will resume 15 minutes after the issuer of the security discloses the information and TSE confirms this disclosure source https://www.jpx.co.jp/english/corporate/sustainability/jpx-esg/sasb/index.html · dated Oct. 30, 2026
`calendar`Sessions, holidays and exceptional closures	not found
`clearing_house`Clearing relationships by instrument and service	clearing_house Japan Securities Clearing Corporation (JSCC) service clearing services for transactions executed on Japanese stock exchanges since January 2003 source https://www.jpx.co.jp/english/corporate/about-jpx/business/index.html · dated Aug. 21, 2025
`participant_roles`Defined participant categories and responsibilities	role trading participants definition broker-dealers qualified to access directly the trading platforms of Tokyo Stock Exchange or Osaka Exchange oversight inspections and examinations by Japan Exchange Regulation (JPX-R) source https://www.jpx.co.jp/english/corporate/about-jpx/business/index.html · dated Aug. 21, 2025
`market_maker_obligations`Source-backed obligations and exemptions for market makers	not found
`gates`Documented entry, membership and access prerequisites	gate Acquisition of trading qualifications (TSE/OSE/TOCOM trading participant) criteria quantitative formal criteria and qualitative substantive criteria, such as business continuity, sound management structure, and business execution system source https://www.jpx.co.jp/english/rules-participants/participants/outline/01.html · dated Dec. 06, 2021
`reference_endpoints`Public reference locations with purpose and source	not found
`settlement_links`Related market or venue settlement records	name Final Settlement Prices (JPX Derivatives) url https://www.jpx.co.jp/english/markets/derivatives/special-quotation/ source https://www.jpx.co.jp/english/markets/derivatives/special-quotation/ · dated Oct. 30, 2026
`change_notices`Versioned rules changes and operational notices	change The admission fees of General trading participants, Futures, etc. trading participants, and Government bond futures, etc. trading participants were reduced date June 2020 source https://www.jpx.co.jp/english/rules-participants/participants/outline/01.html · dated Dec. 06, 2021
`sources`Additional source-backed venue evidence	source Baker McKenzie Cross-Border Listings Guide - Japan - Tokyo Stock Exchange evidence The Tokyo Stock Exchange (commonly referred to as the TSE) has five markets source https://resourcehub.bakermckenzie.com/en/resources/cross-border-listings-guide/asia-pacific/tokyo-stock-exchange/topics/overview-of-exchange · dated 1 February 2026

venue_mic · not found

`venue_identity`Venue name, operator and authoritative identity evidence	name Japan Exchange Group, Inc. (JPX) description holding company for Japan's principal securities and derivatives markets formation formed on January 1, 2013 through the merger of Tokyo Stock Exchange Group and Osaka Securities Exchange regulator Japan's Financial Services Agency self_regulatory_subsidiary Japan Exchange Regulation (JPX-R) source https://www.londonstrategicedge.com/directory/exchanges/japan-exchange-group/ · dated April 1, 2026
`venue_scope`Operating or segment scope, products and jurisdiction bindings	Tokyo Stock Exchange (TSE) lists cash equities across the Prime, Standard and Growth market segments plus the TOKYO PRO Market Osaka Exchange (OSE) trades derivatives including Nikkei 225 futures and options and Japanese Government Bond futures source https://www.londonstrategicedge.com/directory/exchanges/japan-exchange-group/ · dated April 1, 2026
`rules_page`Authoritative venue rule source	not found
`halts`Official halt information and applicability scope	not found
`calendar`Sessions, holidays and exceptional closures	not found
`clearing_house`Clearing relationships by instrument and service	clearing_house Japan Securities Clearing Corporation (JSCC) role central counterparty instruments cash equities JGBs exchange traded derivatives OTC interest rate swaps source https://www.londonstrategicedge.com/directory/exchanges/japan-exchange-group/ · dated April 1, 2026
`participant_roles`Defined participant categories and responsibilities	category Trading Participants (OSE) responsibility confirm the following before executing options trades placed by customers who are located in the U.S.; retain the Representation of Eligibility provided by the U.S. customer source https://www.jpx.co.jp/english/rules-participants/participants/permission/01.html · dated Apr. 06, 2026
`market_maker_obligations`Source-backed obligations and exemptions for market makers	not found
`gates`Documented entry, membership and access prerequisites	gate Growth Market listing criterion: Business requirement The company must have conducted business continuously for one year at the time of the listing application. gate Growth Market listing criterion: Shares requirement the company must appoint (or agree to appoint) a shareholder service agent and dividend paying bank(s) in Japan by the listing application date source https://resourcehub.bakermckenzie.com/en/resources/cross-border-listings-guide/asia-pacific/tokyo-stock-exchange/topics/specific-situations · dated 1 February 2026
`reference_endpoints`Public reference locations with purpose and source	name Final Settlement Prices purpose The most recent Final Settlement Prices for each product are listed below. source Japan Exchange Group source https://www.jpx.co.jp/english/markets/derivatives/special-quotation/ · dated Oct. 30, 2026
`settlement_links`Related market or venue settlement records	Japan Securities Depository Center (JASDEC) Bank of Japan (BOJ) Japan Securities Clearing Corporation (JSCC) JASDEC DVP Clearing Corporation (JDCC) source https://library.mizuhogroup.com/asset/5533cf9c-7e95-4958-9f4d-7dc209b77eed/bk_market_profile_japan_september_2026.pdf · dated September 2026
`change_notices`Versioned rules changes and operational notices	notice Revisions to the Continued Listing Criteria detail TSE has decided to revise the Growth Market's continued listing criteria. The revisions will take effect in 2030 published September 26, 2025 source https://www.jpx.co.jp/english/equities/follow-up/03.html · dated Oct. 15, 2026
`sources`Additional source-backed venue evidence	fact Main regulators for listing on the TSE value the TSE and the Kanto Local Finance Bureau (KLFB) source https://resourcehub.bakermckenzie.com/en/resources/cross-border-listings-guide/asia-pacific/tokyo-stock-exchange/topics/overview-of-exchange · dated 1 February 2026

venue_mic · not found

`venue_identity`Venue name, operator and authoritative identity evidence	name Tokyo Stock Exchange short_name TSE source https://resourcehub.bakermckenzie.com/en/resources/cross-border-listings-guide/asia-pacific/tokyo-stock-exchange/topics/overview-of-exchange · dated 1 February 2026
`rules_page`Authoritative venue rule source	not found
`clearing_house`Clearing relationships by instrument and service	clearing_house Japan Securities Clearing Corporation (JSCC) venue Cboe Japan instruments common stocks, ETFs, REITs primary listed on Tokyo Stock Exchange service Trades are novated to JSCC and may be netted across trading venues including Cboe Japan. source https://cdn.cboe.com/data/jp/equities/document_library/market_guides/Alpha-Select-Market-Guide.pdf · dated July 1, 2025
`participant_roles`Defined participant categories and responsibilities	venue Cboe Japan Alpha role Participant description registered broker-dealer participants in Japan who are either members of, or have clearing arrangements for settling through, the Japan Securities Clearing Corporation (JSCC) venue Cboe Japan Select role Designated Market Maker description Alpha participants who fulfill certain eligibility criteria venue Cboe Japan Select role Designated Taker description retail focused broker-dealers source https://cdn.cboe.com/data/jp/equities/document_library/market_guides/Alpha-Select-Market-Guide.pdf · dated July 1, 2025
`market_maker_obligations`Source-backed obligations and exemptions for market makers	not found
`gates`Documented entry, membership and access prerequisites	gate TOKYO PRO Market buyer restriction requirement prohibits stock buying by general investors excluding specified investors, etc. in accordance with the Financial Instruments and Exchange Act and the regulations of TSE source https://www.jpx.co.jp/english/equities/products/tpm/outline/01.html · dated Apr. 03, 2023
`reference_endpoints`Public reference locations with purpose and source	name Listed Company Search purpose provides variety of information on TSE listed companies ranging from basic data, timely disclosure and filing information to corporate governance source Japan Exchange Group url https://www.jpx.co.jp/english/listing/co-search/ source https://www.jpx.co.jp/english/listing/co-search/ · dated Oct. 23, 2026
`settlement_links`Related market or venue settlement records	Japan Securities Clearing Corporation (JSCC) source https://www.twse.com.tw/market_insights/en/detail/8a8216d69d2e8217019d66a89bcf00cc · dated 2026/03/31
`sources`Additional source-backed venue evidence	field final_settlement_price_publication value the Final Settlement Price for each product is updated after 15:45 on the day following the last trading day with exceptions source https://www.jpx.co.jp/english/markets/derivatives/special-quotation/ · dated Oct. 30, 2026

venue_mic · not found

`venue_identity`Venue name, operator and authoritative identity evidence	name Tokyo Stock Exchange abbreviation TSE source https://www.jpx.co.jp/english/equities/products/reits/guidebook/b5b4pj000003984r-att/REIT.pdf · dated 2026.9
`venue_scope`Operating or segment scope, products and jurisdiction bindings	products REITs (Real Estate Investment Trusts) segment TSE market order_types market orders limit orders source https://www.jpx.co.jp/english/equities/products/reits/outline/index.html · dated Mar. 20, 2015
`rules_page`Authoritative venue rule source	title TSE Securities Regulations scope Listing criteria for REITs source https://www.jpx.co.jp/english/equities/products/reits/listing/ · dated Mar. 20, 2015
`halts`Official halt information and applicability scope	not found
`calendar`Sessions, holidays and exceptional closures	not found
`clearing_house`Clearing relationships by instrument and service	not found
`market_maker_obligations`Source-backed obligations and exemptions for market makers	not found
`gates`Documented entry, membership and access prerequisites	gate Appropriateness of Asset Management Company requirement An asset management company entrusted with business pertaining to management of the assets of an investment corporation is a members of the Investment Trusts Association, Japan. scope TSE REIT listing gate Total Net Assets requirement Expected to reach 1 billion yen or more by the time of listing scope TSE REIT listing gate Total Assets requirement Expected to reach 5 billion yen by the time of listing scope TSE REIT listing gate Listed Investment Units requirement Expected to reach 4,000 or more by the time of listing scope TSE REIT listing gate Number of Investors excluding the major investors requirement Expected to reach 1,000 or more by the time of listing scope TSE REIT listing gate Handling of Refund requirement Rules of an investment corporation states that no refund of investment units shall be made upon demand from investors scope TSE REIT listing source https://www.jpx.co.jp/english/equities/products/reits/listing/ · dated Mar. 20, 2015
`change_notices`Versioned rules changes and operational notices	announcement_date Oct. 14, 2026 description Revisions to Securities Listing Regulations and Other Rules Pertaining to Revisions to Listing Rules for Indicator-Tracking Securities Incorporated ETFs announcement_date Oct. 13, 2026 description Revisions to Securities Listing Regulations and Other Rules Pertaining to Revisions to Listing Rules for Venture Funds to Enhance the Supply of Growth Capital announcement_date Sep. 28, 2026 description Revisions to Enforcement Rules for Securities Listing Regulations and Other Rules Regarding Revision of TDnet User Fee announcement_date Aug. 06, 2026 description Revisions to Business Regulations and Other Rules in Connection with Revisions to the Trading Rules to Further Enhance the Functionality of the Cash Market announcement_date Jul. 21, 2026 description Revisions to Securities Listing Regulations in Relation to Revisions to Japan's Corporate Governance Code announcement_date Jul. 03, 2026 description Revisions to Securities Listing Regulations and Other Rules Regarding Minority Shareholder Protection announcement_date Feb. 12, 2026 description Revisions to Securities Listing Regulations and Other Related Rules in Relation to Merger of Investment Trusts Association, Japan and Japan Investment Advisers Association source https://www.jpx.co.jp/english/rules-participants/rules/revise/index.html · dated Oct. 14, 2026
`sources`Additional source-backed venue evidence	name TSE OFFICIAL J-REIT GUIDEBOOK url https://www.jpx.co.jp/english/equities/products/reits/guidebook/index.html description J-REIT GUIDEBOOK explains the structure of J-REIT and the market situation. source https://www.jpx.co.jp/english/equities/products/reits/guidebook/index.html · dated Oct. 23, 2026

Appendix E · ESG disclosure section

standard ESG-10060 · Sustainability Disclosure

ESG · jp.esg.v2 · supersedes jp.esg.v1 · produced 2026-10-31T02:58:23Z · signed on the node door

Sustainability disclosure remains a specialised ECO record with its rules in ACM. A jurisdiction's adoption of a framework is distinct from the framework's application to a particular issuer or period; the schema preserves that distinction and never turns disclosure availability into a sustainability rating.

`regime`Named sustainability-disclosure regime and its scope	not found
`authority`Responsible issuing or supervisory authorities	not found
`applicability`Covered entities, products, thresholds and exemptions	not found
`adoption_stage`Proposal, adoption, commencement and transitional operation, distinguished	not found
`effective_dates`Effective intervals and staged commencement conditions	not found
`disclosure_duties`Required disclosures, reporting periods and filing obligations	not found
`reporting_standards`Referenced disclosure standards and applicable editions	not found
`taxonomy`Classification frameworks, criteria and binding status	not found
`climate_requirements`Source-backed climate disclosure requirements and scope	not found
`assurance`Required assurance, qualifications and transition conditions	not found
`filing_store_and_format`Authoritative destination and required filing format	system EDINET operator Financial Services Agency format corporate disclosures are made available as structured, machine-readable data source https://www.fsa.go.jp/common/conference/danwa/20261030.pdf · dated October 30, 2026
`interoperability`Recognised equivalence, mapping or substituted-compliance provisions	not found
`rule_revision_ref`Applicable immutable ACM disclosure-rule revisions	not found
`sources`Supporting regime and disclosure evidence	not found