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Wednesday, February 17, 2021 | 7:00-8:00 PM (EST)

Thursday, February 18, 2021 | 9:00-10:00 AM (Japan Time)

Featuring:

Oki Matsumoto, Chairman and CEO, Monex Group, Inc.

Moderated by:

Alicia Ogawa, Director, Project on Japanese Corporate Governance and Stewardship, Center on Japanese Economy and Business, Columbia Business School

What You’ll Learn:

The Monex Group includes Monex Securities in Japan; Coincheck, a cryptocurrency exchange based in Japan; and TradeStation, the sixth largest online U.S. broker. Mr. Matsumoto will explain how Monex is using cross-fertilization across technologies and geographies to grow its business.
In Japan, more than 50% of household savings is invested in bank accounts; equity investment is far lower than other OECD countries. How and why is this changing, and what is the role of Monex in increasing financial literacy in Japan?
Retail investors across the globe have been largely silent in voting their shares. Monex has launched a new fund which will harness the power of retail investors in order to challenge Japanese executives to improve their environmental, social, and governance standards.
About the Speaker:

Born in 1963. BA in Law from the University of Tokyo (1987). Began his career at Salomon Brothers and joined Goldman Sachs in 1990, and became General Partner in 1994 at the age of 30, the youngest ever at that time. He took charge of trading, risk management, capital markets businesses in Asia, and also founded the special situations unit at Goldman Sachs. In 1999, he founded Monex which was jointly capitalized with Sony. Monex is listed on the 1st section of Tokyo Stock Exchange where he is presently Chairman & CEO.

Monex Group has grown to become a major online financial institution that operates retail online brokerages in Japan, US, China (including Hong Kong), and Australia. In addition, with the acquisition of Coincheck in April 2018, the crypto-asset business became one of the core pillars of the business segments. In January 2020, Monex established Japan Catalyst, an investment advisory arm, to pursue investment returns through proposals to and engagement with listed Japanese companies to stimulate Japanese capital markets. The group has about 1100 employees worldwide with over half of its staffs located in the United States and Costa Rica.

He served as Financial Counsel to the Prime Minister and also as outside director of several companies including Tokyo Stock Exchange which was from June 2008 to 2013. He presently is an outside director of MasterCard, Incorporated and also a Vice Chair of Human Rights Watch.

Admission and Contact:

This is a free event. You must register for the webinar to receive the login details. Participants will receive a link to access the live webinar upon registration.

If you have questions about the event, please contact us at cjeb@columbia.edu. For more information about other CJEB events, visit our website or contact cjeb@columbia.edu.

Live Webinar | Register here.

Tuesday, February 9, 2021 | 7:00-8:00 PM (EST)

Wednesday, February 10, 2021 | 9:00-10:00 AM (Japan Time)

Featuring:

Ryota Kimura, Chief Representative & General Manager, New York Representative Office, Tokyo Stock Exchange, Inc.

Moderated by:

Alicia Ogawa, Director, Project on Japanese Corporate Governance and Stewardship, Center on Japanese Economy and Business, Columbia Business School

What you’ll learn:

In the U.S., NASDAQ has issued new diversity requirements for companies listed on that exchange. Similarly, the TSE is introducing new requirements for being listed on Japan’s stock exchange, which will address many persistent concerns of investors: cross-shareholding, lack of diversity, and weak corporate governance are only some examples.
Stock market indices will be reformed to highlight the companies that meet the new standards. Market indices are a key driver of investor appetite, particularly in the case of large index funds. Therefore, the new “best” companies are likely to enjoy a boost to their stock prices, relative to their former peer group.
Incentives for companies to list their shares on the stock exchange will change. Once seen mainly as a source of prestige and a means to attract new hires, a listing on the TSE will now demonstrate to investors an accountability to shareholders, as well as a commitment to sustainable growth strategies.
About the Speaker:

Ryota Kimura is Chief Representative & General Manager of New York Representative Office, Tokyo Stock Exchange, Inc. (TSE). The New York office led by Mr. Kimura is responsible for promotion activities related to all products listed on TSE, such as Japanese equities and fixed income products, as well as research activities regarding the securities and derivatives markets in the U.S.

Prior to his current role, Mr. Kimura was Head of Product Development, New Listings Department based in Tokyo, Japan. The team was responsible for developing listing rules for structured financial products, such as exchange traded funds (ETFs), exchange traded notes (ETNs), real estate investment trusts (REITs), TOKYO PRO-BOND Market (TPBM), and etc. as well as promoting these structured financial products to the TSE market.

Previously, Mr. Kimura was Senior Manager of Financial Planning, Treasury Department at Tokyo Stock Exchange Group, Inc. for five years and he spent six years at TSE’s Stock Market Department and led the development of trading rules and regulations for cash equity products including ETFs and REITs.

Mr. Kimura received his MBA from the Darden School at University of Virginia (USA) and his BA in Economics from Waseda University (Japan).

Admission and Contact:

This is a free event. You must register for the webinar to receive the login details. Participants will receive a link to access the live webinar upon registration.

If you have questions about the event, please contact us at cjeb@columbia.edu. For more information about other CJEB events, visit our website or contact cjeb@columbia.edu.