Monex : Notice Regarding Recognition of Profit due to the Tax Reform Legislation in the US.

Notice Regarding Recognition of Profit due to the Tax Reform Legislation in the US.

TOKYO, January 10, 2018 - Monex Group, Inc. ("the Company") hereby announces that the Company recognizes the impact of change in deferred tax assets and deferred tax liabilities and records profit in the third quarter of our financial statements of the fiscal year ending March 31, 2018, as described below.

The Tax Cuts and Jobs Act was enacted on December 22, 2017 and the tax reform legislation reduces the maximum corporate income tax rate from 35% to 21% in the US. Due to this tax reform legislation, we recognize the reduction in deferred tax assets and deferred tax liabilities in the US segment, which results in an increase of profit due to decreased income taxes expense by approximately 8 million dollars (about 9 hundred million yen*) in the third quarter of the consolidated financial statements of the fiscal year ending March 31, 2018.

*Converted into yen using the exchange rate at the end of December 2017

Contact:

Akiko Kato, Yumi Matsuzaki, Toshiaki Koike	Atsushi Demoto, Yuki Nakano
Corporate Communications Office	Investor Relations, Financial Control Department
Monex Group, Inc.	Monex Group, Inc.
[phone]	[phone]

This material is an English translation of a Japanese announcement made on the date above. Although the Company intended to faithfully translate the Japanese document into English, the accuracy and correctness of this English translation is not guaranteed and thus you are encouraged to refer to the original Japanese document. This translation was made as a matter of record only and does not constitute an offer to sell or to solicit an offer to buy securities in the U.S.