Our Activities

Jan. 2022
Securities Membership Corporation

Fukuoka Stock Exchange

Copyright (C) Fukuoka Stock Exchange All rights reserved.

Table of contents
1. Financial Instruments Exchanges in Japan
2. Mission Statement of Fukuoka Stock Exchange(FSE)
3. Supporting Regional Companies Before Their Listing
4. Supporting Regional Companies After Their Listing
5. Strong Cooperation with Regional Business Communities

1
Copyright (C) Fukuoka Stock Exchange All rights reserved.

1. Financial Instruments Exchanges in Japan
Date of Foundation
State of Organization
Security Firm Members
Listed Companies
Solely Listed on FSE
Trading HoursJune 7th,1949
Securities Membership Corporation
21(as of Dec. 31,2021)

108(as of Dec. 31,2021)
27（Main Board 20 companies
Q-Board 7 companies）
Morning Session
9:00〜11:30
Afternoon Session 12:30〜15:30
as of November 30,2021

Japan has 6 financial instruments
exchanges, of which 4 organizations
mainly deal with stock exchange.

Securities Membership Corporation
Sapporo Securities Exchange（Ambitious）

Japan Exchange Group, Inc.
※Date of Foundation January 1st 2013
Tokyo Stock Exchange,Inc.
（Mothers, Jasdaq)
Osaka Exchange,Inc.
Market specialized in derivative

Tokyo Financial Exchange,Inc.
Nagoya Stock Exchange,Inc.
(Centrex)
Securities Membership Corporation

Fukuoka Stock Exchange(Q‐Board)

Although Tokyo Stock Exchange(TSE)
has overwhelming majority on volume of stocktransactions, other 3 stock exchanges, including
Fukuoka Stock Exchange (FSE), evolve uniquebusiness from their own perspectives.

※the name in parentheses is theone of emerging markets

Abolished stock exchanges
Kobe Stock Exchange(1967)
Niigata Stock Exchange (2000)
Hiroshima Stock Exchange (2000)
Kyoto Stock Exchange (2001)
2
Copyright (C) Fukuoka Stock Exchange All rights reserved.

2. Mission Statement of FSE〔Our Vision〕(1) Managing Business Based on Regional Economy
Fukuoka Stock Exchange(FSE) serves as local direct financing
market, aiming to be rooted in regional economy(mainly in Kyushu, or westernJapan).
FSE supports regional companies in their effort to accomplish sound,sustainable growth through offering the opportunities of listing their share.
(2) Providing Reliable Market
FSE, as a securities membership coperation based on Financial
Instruments and Exchange Act, operates to ensure fairness in issuance andtransaction of securities, as well as fair price formation, thus contributing toprotection of investors.

3Copyright (C) Fukuoka Stock Exchange All rights reserved.

3. Supporting Regional Companies Before Their Listing(1) The Kyushu IPO Preparation Program for Up and Coming Regional Startups
FSE has provided aKyushu IPO preparation program
since 2009 that accelerates
corporate growth toward listingon FSE within 3-5 yrs.
This program is so
unique that FSE is the only
Japanese exchange thatprovides consultation to regional
businesses with supporting
bodies including major auditing
corporations.
Since its launch, 63
companies have been
participating in this program and4 companies have listed on FSE.
4
Copyright (C) Fukuoka Stock Exchange All rights reserved.

3. Supporting Regional Companies Before Their Listing(2) “FSE IPO Seminar”
FSE organizes seminars
on IPO preparation forentrepreneurs, CFOs and staff.
Topic of seminars are as
follows;
・IPOs are essential for corporate
growth・Roads to IPO and breakthroughpoint・”Corporate Governance Code”
・Internal management system
・Rejecting any illegal requests
by anti-social forces
・Explanation of FSE’s supporting
programs

5
Copyright (C) Fukuoka Stock Exchange All rights reserved.

3. Supporting Regional Companies Before Their Listing(3) Kyushu IPO NAVIGATE【Information】
ＩＰＯ Supporters

Information on events and seminars【Navigation】
Inquiries（web,mail,phone,etc）

ＩＰＯ Supporters

FSE operates an informationand matching platform called “Kyushu
IPO NAVIGATE” since 2016 as a partof joint ventures by QSP(Q-shu Smalland Medium-scale Enterprises IPO
Support Project).
In terms of the information
function, regional companies could
efficiently obtain information which isessential to IPO process throughaccessing to this platform. Because
FSE has advantage to have neutral
access to IPO-related organizations.
As for the matching function,
regional startups could ask FSE theirinquiries and leverage collective
expertise of IPO-related organizations
if necessary.

https://www.fse.or.jp/iponavigate/

6Copyright (C) Fukuoka Stock Exchange All rights reserved.

3. Supporting Regional Companies Before Their Listing(4) Collaboration Agreements with Regional Banks

FSE bilaterally signed collaboration agreements with 19 regional banks
in order to strongly support corporate growth with them.
The points of the agreements are as follows:
・Holding IPO-related seminars
・Individual consultation to regional companies on IPO・Sharing information on IPO
・Other things negotiated7
Copyright (C) Fukuoka Stock Exchange All rights reserved.

4. Supporting Regional Companies After Their Listing(1) FSE IR(Investor Relations) Fairs
We sponsor the “FSE IR Fairs” inorder for individual investors to more freely
access listed companies’ information throughtheir voluntary disclosure.
We are currently holding the fairs onthe web.

(2)Providing Press Conference RoomOur main conference room isavailable for listed companies to make press
conferences on announcements of theirfinancial results. (FSE provides a dedicatedroom for press club on the same floor.)

8
Copyright (C) Fukuoka Stock Exchange All rights reserved.

4. Supporting Regional Companies After Their Listing(3) Supporting Activities of “FSE Single-Listed Companies’ Convention”
27 companies solely list FSE.
(83 companies simultaneously list otherexchanges with FSE.)
The solely listed companies
jointly hold “FSE Single-ListedCompanies’ Convention”, which makes
great efforts on IR and other research
activities. FSE supports this conference
as its bureau.

9Copyright (C) Fukuoka Stock Exchange All rights reserved.

5. Strong Cooperation with Regional Business Communities(1) Council for FSE Vitalization(CFV)In June 1998, administrativeand business organizations in theKyushu region jointly founded CFV,
aiming to support FSE managerialactions.
Almost of all initiatives havebeen advised by CFV and mainly
executed by CFV officials dispatched bybusiness communities since its launch.

(2) “FSE Business Networking Party”
FSE and CFV jointly provide
business networking opportunity, aiming
to facilitate the close relationship among
FSE’s stakeholders.

10Copyright (C) Fukuoka Stock Exchange All rights reserved.