We would like to express our sincere gratitude for your continued and exceptional support.

With our mission to "create a market where anyone in the world can invest in any asset," we are driving our business forward to contribute to the evolution of Japan's capital markets and the development of the digital asset market.

Currently, our operations are built on two main pillars: the "Equity PTS," which plays a vital role in the capital markets, and "START," the secondary market for security tokens (ST) that represents the next generation of finance. In our Equity PTS business, we continue to provide investors with highly reliable trading opportunities by maintaining stable system operations to meet the robust trading demand driven by the overall market buoyancy.

Regarding "START," we are seeing vibrant activity in the digital domain both domestically and internationally, and the regulatory and infrastructural environment surrounding the market is steadily progressing. Amidst these favorable conditions, our market has moved past the period of "laying the groundwork" for full-scale adoption and is finally entering the phase of "budding" (new growth). We are confident that the steady infrastructure development and the ongoing dialogue we have cultivated to date have formed a solid foundation for expanding the number of listed issues and participants, signaling a new phase that will unlock the potential of the ST market.

We believe that powerfully driving these two engines—"stability and evolution" in the stock market and "innovation" in the digital asset market—is the very source of new value for Japan's capital markets. In a rapidly changing financial environment, we at ODX will always look one step ahead and continue to take on challenges without being bound by conventional concepts, thereby contributing to the further development of the market as a whole.

We look forward to your continued support and partnership.

January 15, 2026
Kimio Mikazuki
President, Osaka Digital Exchange Co., Ltd.