Provisional Translation

Press Conference by SUZUKI Shunichi, Minister of Finance and Minister of State for Financial Services

(Excerpt)

(Friday, October 7, 2022, 9:33 am to 9:39 am)

[Questions and answers:]

Q.: It was reported in various newspapers this morning that the FSA will be taking administrative action against Nikko Securities today for market manipulation. Can you give us your thought on the fact that a major securities firm and its parent company will be subject to administrative action?
A.: At this point, the FSA has not yet taken any administrative actions. Once it has, I would like to take the matter and address the issues you just raised.

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