The press conference in FCCJ

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Press conference at FCCJ
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Atsushi Saito, Japan Exchange Group, Inc.-Outlook for the Japanese stock market in 2014

12:30-13:30 Wednesday, January 22, 2014
Atsushi Saito, Japan Exchange Group, Inc.
"Outlook for the Japanese stock market in 2014"

1月22日(水)12:30-13:00
日本取引所グループ CEO 斉藤 惇

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Atsushi Saito has just had his best year since taking charge at the Tokyo Stock Exchange in 2007. In 2013, the Nikkei 225 has posted its biggest annual gain since 1972. Buoyed by investors' enthusiasm for Abenomics, the Nikkei rose 57 percent last year, following a 23 percent gain in 2012.

It was also a year of momentous change for the Tokyo Stock Exchange, as Saito oversaw the completion of a merger with the Osaka Stock Exchange to create Japan Exchange Group, now the world's third-largest bourse. But there are ominous signs that the shine is wearing off Abe's economic strategy, with the Nikkei down more than 5 percent this year.

With a long career in the brokerage and investment businesses, Saito is well versed in the ups and downs of the stock market. He joined Nomura Securities Co, Japan's biggest brokerage, in 1963 after graduating from Keio University, working his way up the ranks to become Deputy President.

After retiring from Nomura, Saito served as President and then Chairman of Sumitomo Life Investment Co, before taking charge at the Industrial Revitalization Corporation of Japan. He joined the Tokyo Stock Exchange in 2007 and in the same year became President and Chief Executive Officer of a holding company set up to operate the bourse.

Come and listen to Saito provide an outlook for Japanese stocks and the exchange's efforts to improve corporate governance in Japan. He will also talk about strategies the exchange plans to deploy to further boost the appeal of Japanese stocks and the final steps for the integration of the trading systems for Tokyo and Osaka stocks.

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