University of Kragujevac Faculty of Economics

SOFR Academy Welcomes Publication of Japanese AXI and FXI Feasibility Study in connection with Reference Rate Reform

Retrieved on: 
Tuesday, September 12, 2023

The paper is a feasibility study of a Japanese version of Across-the-Curve Credit Spread Index (JPAXI) and the Financial Condition Credit Spread Index (JPFXI) accounting for specific features of the Japanese corporate bond market.

Key Points: 
  • The paper is a feasibility study of a Japanese version of Across-the-Curve Credit Spread Index (JPAXI) and the Financial Condition Credit Spread Index (JPFXI) accounting for specific features of the Japanese corporate bond market.
  • I am very grateful to Professors Okimoto and Takaoka.”
    The Japanese AXI and FXI feasibility study is available for download here and market participants can learn more about Japanese FXI and view related resources here .
  • These indices work in conjunction with the Secured Overnight Financing Rate (“SOFR”) and address concerns communicated by a group of American banks.
  • The publication of the Japanese feasibility study complements studies for China and Europe .

SDK and SDMC Nominate H. Takahashi as New President and CEO

Retrieved on: 
Wednesday, September 22, 2021

Takahashi is currently in charge of Carbon and Ceramics divisions, Coating Materials Department, Yokohama and Shiojiri plants and Corporate Strategy Department of SDK.

Key Points: 
  • Takahashi is currently in charge of Carbon and Ceramics divisions, Coating Materials Department, Yokohama and Shiojiri plants and Corporate Strategy Department of SDK.
  • SDK also announces that at Showa Denko Materials Co., Ltd. (SDMC), which is a consolidated subsidiary of SDK, Hisashi Maruyama will resign as President and CEO to become Representative Director and Chairman of the Board of SDMC, and that Hidehito Takahashi, Director of SDMC, will succeed Maruyama, effective January 4, 2022.
  • Hideo Ichikawa, who is currently Director, Chairman of the Board of SDK, will resign as Chairman of the Board on January 4, 2022.
  • (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics.