Notice Regarding Judgment In Litigation Against Tokyo Stock Exchange, Inc.

Yesterday, the Tokyo High Court issued a judgment in the appeal for compensation of damages filed by Mizuho Securities Co., Ltd. ("Mizuho Securities") against Tokyo Stock Exchange, Inc. ("TSE"), as follows.

1 Date of Judgment July 24, 2013

2 Background of Judgment Mizuho Securities filed a lawsuit against TSE in the Tokyo District Court claiming damages of approximately JPY 41.5 billion with respect to an erroneous order for the sale of shares of J-COM Co., Ltd. placed on December 8, 2005. On December 4, 2009, the court decided to order TSE to pay damages of approximately JPY 10.7 billion and delinquency charges. In response to this ruling, Mizuho filed an appeal, and TSE filed an incidental appeal accordingly.

On December 18, 2009, TSE made a payment of JPY 13.2 billion, including delinquency charges up until that date, in order to exempt compulsory execution based on the court ruling with declaration of provisional execution.

Click here for full details.