Monex Group Management Policy

The Monex Group is a holding company with finance related subsidiaries and equity-method affiliates inside and outside of Japan (headquarter). The Group has three major revenue streams; online brokerage firms, Monex, Inc. in Japan and TradeStation Group, Inc. in the U.S., and a cryptocurrency exchange service provider, Coincheck, Inc. in Japan. Based on the Group's business principles and code of conduct, the Monex Group aims to provide comprehensive financial services necessary for the daily lives and asset building of retail investors.

 

Business Principles

Monex Group Code of Conduct

Monex Group Human Rights Policy

 

Monex Group ESG Approach

Embracing our business principles and working toward raising corporate value sustainably, by addressing ESG issues related to our medium-to-long term business areas

Overview of Monex Group’s ESG

Declaration of Monex Sustainability Statement

Monex Group has announced its approach and thinking to ESG/sustainability as Monex Sustainability Statement. With formulating this statement, all the board of directors in Monex Group have committed to contribute to the realization of a sustainable society.

Monex Sustainability Statement

Our company name “MONEX,” one step ahead of the “Y” in “MONEY,” expresses our desire to embrace all people who are engaged at the forefront of our future. With state-of-the-art Information Technology globally universal values and a sense of professionalism, Monex Group designs innovative ways of managing money and realizing individual self-fulfillment for an ever-changing future. Our ultimate goal is to optimize each person’s lifetime balance sheet.


In addition, Monex Group enables people around the world to achieve self-fulfillment and strives to contribute to environmental and societal sustainability. In the present and in the ever-changing future, Monex Group is committed to respecting the diversity of its customers and employees and working with its various stakeholders to resolve societal issues, to create new value and to contribute to the realization of a sustainable society.


Ever since its establishment, Monex Group has incorporated ESG and sustainability perspectives in its operations. Monex Group operates environmentally friendly online financial businesses and further seeks to reduce environmental burden in each subsidiary. In addition, it continuously works to improve corporate governance as a corporation with committees with outside directors commanding a majority on the board. And finally, it strives to enhance employee diversity and creativity with policies that value diversity, equity and inclusion (DEI). Through its activist fund, Monex Group engages with the listed companies it invests in to improve their corporate governance and contribute to their greater sustainability. With promoting sustainable finance businesses, Monex Group aims to reduce the negative impact on the environment and society while creating positive impact.


Through these and other initiatives, Monex Group is committed to fulfilling its corporate philosophy.

Effective June 26, 2021

Materiality Matrix

In July 2022, we reviewed the "Monex Group Materiality Matrix," which uses a vertical axis for the level of materiality to the Group's stakeholders and a horizontal axis for the level of materiality regarding the impact on the Group's performance, to resolve the Group's unique management and social issues.

Materiality Matrix

Materiality Matrix Identification Process (as revised July 2022)

・STEP1 Identification of material issues
Referring to the survey items of ESG evaluation organizations and frameworks such as SASB and GRI guidelines, we quantified the priorities for the material issues that we had previously set forth.

 

・STEP2 Evaluation of Importance
Vertical axis: Questionnaires were sent to customers, shareholders, and employees (total number of responses: approximately 3,700) regarding the issues identified as a high priority in STEP1. 

Horizontal axis: We measured and evaluated the financial impact (from a quantitative perspective) and the impact on the realization of our corporate philosophy (from a qualitative perspective) of our efforts on each item.

 

・STEP3 Identification of materiality
Based on the results of STEP2, ESTF held discussions and developed a new materiality matrix divided into 9 quadrants. Both the vertical and horizontal axes are expressed in three levels: "Moderate," "Significant," and "Major. The items in each quadrant are listed in descending order of impact value, with the items framed by a white square being our new most important items for which we will promote initiatives.

 

・STEP4 Discussion and Decision by the Board
The decision was made after explanations and hearings with the person in charge of each material issue, as well as consulting with the CEO and other executive officers, and reporting and discussion at the Board of Directors meeting.

 

The materiality matrix created in 2022 represents the current results based on the results of the stakeholder survey and the numerical data results from the quantitative and qualitative analysis of our business impact on the current status.

In order to realize our corporate philosophy of "realizing individual self-fulfillment and optimizing each person’s lifetime balance sheet,” we believe that the importance and impact of "DEI," "Lifetime Balance Sheet Support," should increase as we engage with stakeholders and expand the scale of our business in the future.

 

Review in 2023

In 2023, we again conducted a survey on risks and opportunities to our stakeholders. Since the level of importance to stakeholders did not change from the result of 2022, we have concluded that the most important items in the Materiality Matrix remain unchanged.

ESG Project Organization Diagram

Monex Group is engaged in full-scale ESG activities through the ESG/Sustainability Task Force, which is a cross-functional team within the company. The ESG/Sustainbability Task Force reviews and identidies overall sustainability issues, including environmental issues (E) such as climate crisis, and social issues (S) such as innovation and human capital resources. The ESG and sustainability initiatives are regularly reported to the Board of Directors for approval and the Task Force engages all group companies to work on the issues and for information disclosures.  

ESG Promotion Structure

Note: The Japan locations include Japan segment, Crypto asset segment and Investment segment.

Addressing Important Issues in Our Business

In the Monex Group's business, we have sifted through the important issues that we must resolve and have assigned a specific executive officer to be in charge. Each officer will be responsible for a particular category and help us address each issue by setting targets and monitoring progress.

 

 

Important Matrix Issues and Responsible Executive Officer

Critical Categories in Matrix Responsible Executive
Data Security & Privacy Information Security Executive Officer
Corporate Governance CEO
Compliance (AML & Anti-corruption) Internal Controls Executive
Innovation Chairman
Recruiting & Human Development, Labor Practices, and Diversity, Equity & Inclusion Human Resources Executive Officer
Risk Management Risk Control Manager
Customer Usability CEO
Improve Financial Literacy CEO
Financial Inclusion CEO
Sustainable Finance Japan Segment Executive Officer

ESG Data

Summary data book for ESG (Environmental, Social and Governance) initiatives related to Monex Group's business activities.