【Reference Material 2】SPAN Parameter List of Sample File

In this list, we recorded SPAN parameters that were applied on the April 7, 2014 business date. In addition, this list does not guarante setting in SPAN Parameters after Clearing System Consolidation

1. JGB Group Price Scan Range Volatility Scan Intra-commodity Spread Short Option Minimum Code Combined Commodity (Yen) Range (%) Charge per Net Delta (Yen) Charge per Unit (Yen) 0001 10-year JGB 450,000 0.61 60,000 14,500 0002 20-year JGB 1,550,000 1,300,000 0004 5-year JGB 80,000 47,000

2. Index Group Price Scan Range Volatility Scan Intra-commodity Spread Short Option Minimum Code Combined Commodity (Yen) Range (%) Charge per Net Delta (Yen) Charge per Unit (Yen) 0005 TOPIX 420,000 6.57 65,000 23,800 0008 TOPIX Dividend Index 8,600 17,200 0015 Nikkei 225 VI 59,500 23,800 0017 Nikkei 225 Dividend Index 3,500 7,000 0018 Nikkei 225 570,000 4.90 60,000 29,400 0022 JPX-Nikkei Index 400 * 37,500 3,800 0032 TOPIX Banks Index 71,000 10,000 0063 TOPIX Core30 22,000 3,500 0064 TOPIX Core30 Dividend Index 5,300 10,600 0069 TSE REIT Index 75,000 50,000 0073 DJIA 36,100 3,610 0074 CNX Nifty 20,400 2,040 0076 RN Prime 315,000 31,500 "*" The JPX-Nikkei Index 400 Futures will be hed on November 25, 2014 (Tue.). 3. Securities Group Price Scan Range Volatility Scan Intra-commodity Spread Short Option Minimum Code Combined Commodity (Yen) Range (%) Charge per Net Delta (Yen) Charge per Unit (Yen) 1306 TOPIX ETF 370 6.34 37 25 SSE50 Index Linked Exchange Traded 1309 550 3.41 55 35 Fund 1320 Daiwa ETF-Nikkei225 500 4.75 50 31 1321 Nikkei 225 Exchange Traded Fund 500 4.29 50 31 1328 Gold-Price-Linked Exchange Traded 1,000 1.38 100 72 1330 Nikko Exchange Traded 225 4,900 4.71 490 304 1343 NEXT FUNDS REIT INDEX ETF 650 6.96 65 32 1540 Japan Physical Gold ETF 125 4.57 13 9 1605 INPEX CORPORATION 6,900 9.18 690 264 1615 TOPIX Banks 700 5.64 70 35 1671 Simplex WTI ETF 340 3.24 34 14 1801 TAISEI CORPORATION 61,000 19.67 6,100 920 1802 OBAYASHI CORPORATION 42,000 12.14 4,200 1,170 1803 SHIMIZU CORPORATION 46,000 16.73 4,600 1,070 1808 HASEKO Corporation 4,300 11.90 430 126 1812 KAJIMA CORPORATION 29,000 12.21 2,900 730 1925 DAIWA HOUSE INDUSTRY CO.,LTD. 67,000 10.85 6,700 3,490 1928 Sekisui House,Ltd. 5,100 3.61 510 256 1944 KINDEN CORPORATION 58,000 6.88 5,800 2,020 1963 JGC CORPORATION 170,000 6.04 17,000 7,200 2002 NISSHIN SEIFUN GROUP INC. 4,400 4.59 440 227 2432 DeNA Co.,Ltd. 26,500 24.49 2,650 380 2502 Asahi Group Holdings, Ltd. 13,400 5.13 1,340 580 2503 Kirin Holdings Company, Limited 6,000 18.34 600 280 2531 TAKARA HOLDINGS INC. 47,000 7.65 4,700 1,580 2651 LAWSON,INC. 30,000 4.93 3,000 1,410 2768 Sojitz Corporation 800 5.83 80 34 2802 Ajinomoto Co.,Inc. 67,000 5.14 6,700 2,980 2914 JAPAN TOBACCO INC. 12,000 5.33 1,200 640 3249 Industrial & Infrastructure Fund 31,000 5.07 3,100 1,720 3269 Advance Residence Investment 8,300 7.80 830 439 3279 Activia Properties Inc. 34,000 5.23 3,400 1,660 3382 Seven & I Holdings Co.,Ltd. 20,500 6.76 2,050 790 3402 TORAY INDUSTRIES,INC. 38,000 8.22 3,800 1,350 3405 KURARAY CO.,LTD. 4,400 7.11 440 232 3407 ASAHI KASEI CORPORATION 33,000 4.02 3,300 1,410 3436 SUMCO CORPORATION 5,600 37.90 560 161 3632 Gree,Inc. 14,900 19.46 1,490 240 3861 Oji Holdings Corporation 26,000 6.74 2,600 920 3863 Nippon Paper Industries Co.,Ltd. 12,900 7.93 1,290 390 4005 SUMITOMO CHEMICAL 25,000 7.82 2,500 740 4062 IBIDEN CO.,LTD. 12,300 14.03 1,230 410 4063 Shin-Etsu Chemical Co.,Ltd. 27,000 5.72 2,700 1,180 4183 Mitsui Chemicals,Inc. 16,000 11.52 1,600 500 4188 Mitsubishi Chemical Holdings 2,000 8.54 200 86 4307 Nomura Research Institute,Ltd. 17,500 9.27 1,750 640 4324 DENTSU INC. 21,500 10.43 2,150 780 4452 Kao Corporation 20,000 7.32 2,000 730 4502 Takeda Pharmaceutical Company 16,500 8.78 1,650 980 4503 Astellas Pharma Inc. 5,900 6.49 590 242 4519 CHUGAI PHARMACEUTICAL 13,900 6.00 1,390 530 4523 Eisai Co.,Ltd. 13,000 4.46 1,300 810 4543 TERUMO CORPORATION 12,300 5.49 1,230 460 4568 DAIICHI SANKYO 11,000 10.95 1,100 350 4631 DAINIPPON INK AND 17,000 6.44 1,700 550 4661 ORIENTAL LAND CO.,LTD. 46,000 5.01 4,600 3,120 4676 FUJI MEDIA HOLDINGS, INC. 12,100 8.59 1,210 380 4689 Yahoo Japan Corporation 4,400 12.51 440 103 4704 Trend Micro Incorporated 16,000 6.11 1,600 640 4716 ORACLE CORPORATION JAPAN 24,500 8.28 2,450 910 4739 ITOCHU Techno-Solutions 24,000 8.32 2,400 870 4901 FUJIFILM Holdings Corporation 12,500 14.98 1,250 550 4902 KONICA MINOLTA HOLDINGS,INC. 6,700 10.95 670 191 Price Scan Range Volatility Scan Intra-commodity Spread Short Option Minimum Code Combined Commodity (Yen) Range (%) Charge per Net Delta (Yen) Charge per Unit (Yen) 4911 Shiseido Company,Limited 10,500 16.62 1,050 360 5012 TonenGeneral Sekiyu K.K. 34,000 4.01 3,400 1,820 5020 JX Holdings,Inc. 2,200 5.88 220 97 5108 BRIDGESTONE CORPORATION 15,500 7.21 1,550 720 5201 Asahi Glass Company,Limited 29,000 8.72 2,900 1,200 5202 Nippon Sheet Glass Company,Limited 9,000 6.67 900 292 5214 Nippon Electric Glass Co.,Ltd. 23,000 9.10 2,300 1,040 5333 NGK INSULATORS,LTD. 148,000 13.98 14,800 4,300 5401 NIPPON STEEL & SUMITOMO 16,000 7.06 1,600 560 5406 Kobe Steel,Ltd. 9,000 6.78 900 266 5411 JFE Holdings, Inc. 9,800 6.95 980 381 5631 The Japan Steel Works,Ltd. 33,000 20.71 3,300 920 5706 Mitsui Mining and Smelting 14,000 6.07 1,400 470 5711 Mitsubishi Materials Corporation 17,000 9.07 1,700 590 5713 Sumitomo Metal Mining Co.,Ltd. 82,000 10.08 8,200 2,520 5801 The Furukawa Electric Co.,Ltd. 17,000 9.94 1,700 500 5802 Sumitomo Electric Industries,Ltd. 7,600 12.14 760 296 5803 Fujikura Ltd. 46,000 20.83 4,600 930 5901 Toyo Seikan Group Holdings, LTD. 9,700 5.43 970 332 5938 LIXIL Group Corporation 13,600 8.35 1,360 560 6273 SMC CORPORATION 183,000 13.90 18,300 5,300 6301 KOMATSU LTD. 13,500 14.10 1,350 430 6302 SUMITOMO HEAVY 33,000 13.66 3,300 850 6305 Hitachi Construction Machinery 11,200 7.95 1,120 400 6326 KUBOTA CORPORATION 91,000 10.03 9,100 2,700 6367 DAIKIN INDUSTRIES,LTD. 29,000 6.71 2,900 1,140 6471 NSK Ltd. 65,000 7.86 6,500 2,080 6479 MINEBEA CO.,LTD. 94,000 26.82 9,400 1,780 6501 Hitachi,Ltd. 43,000 11.22 4,300 1,510 6502 TOSHIBA CORPORATION 23,000 12.66 2,300 860 6503 Mitsubishi Electric Corporation 67,000 8.84 6,700 2,280 6592 MABUCHI MOTOR CO.,LTD. 35,000 14.91 3,500 1,360 6594 NIDEC CORPORATION 34,000 8.10 3,400 1,220 6674 GS Yuasa Corporation 45,000 11.21 4,500 1,090 6701 NEC Corporation 22,000 8.66 2,200 630 6702 FUJITSU LIMITED 36,000 16.29 3,600 1,240 6703 Oki Electric Industry 23,000 34.21 2,300 450 6723 Renesas Electronics Corporation 7,500 14.69 750 148 6752 Panasonic Corporation 8,000 33.07 800 233 6753 Sharp Corporation 27,000 11.68 2,700 630 6758 SONY CORPORATION 8,700 23.49 870 380 6762 TDK Corporation 30,000 13.51 3,000 870 6770 ALPS ELECTRIC CO.,LTD. 9,700 8.79 970 249 6773 PIONEER CORPORATION 2,200 35.89 220 44 6806 HIROSE ELECTRIC CO.,LTD. 58,000 10.23 5,800 2,830 6857 ADVANTEST CORPORATION 6,900 10.21 690 223 6861 KEYENCE CORPORATION 295,000 8.99 29,500 8,400 6902 DENSO CORPORATION 19,000 4.01 1,900 960 6952 CASIO COMPUTER CO.,LTD. 7,400 7.65 740 242 6954 FANUC LTD. 82,000 4.81 8,200 3,630 6963 ROHM COMPANY LIMITED 30,000 9.39 3,000 930 6971 KYOCERA CORPORATION 24,500 7.59 2,450 930 6976 Taiyo Yuden Co.,Ltd. 8,100 20.26 810 258 6981 MURATA MANUFACTURING 61,000 11.24 6,100 1,940 6988 NITTO DENKO CORPORATION 75,000 52.99 7,500 990 7011 Mitsubishi Heavy Industries,Ltd. 33,000 8.82 3,300 1,180 7012 Kawasaki Heavy Industries,Ltd. 23,000 9.08 2,300 750 7013 IHI Corporation 31,000 8.56 3,100 860 7201 NISSAN MOTOR CO.,LTD. 4,300 21.28 430 180 7202 ISUZU MOTORS LIMITED 35,000 6.41 3,500 1,150 7203 TOYOTA MOTOR CORPORATION 33,000 7.54 3,300 1,160 7259 AISIN SEIKI CO.,LTD. 18,500 8.34 1,850 720 7261 Mazda Motor Corporation 29,000 7.00 2,900 880 7267 HONDA MOTOR CO.,LTD. 15,000 8.90 1,500 720 7269 SUZUKI MOTOR CORPORATION 14,800 8.63 1,480 540 7731 NIKON CORPORATION 9,400 9.79 940 333 7733 OLYMPUS CORPORATION 17,500 8.11 1,750 670 7741 HOYA CORPORATION 18,500 12.73 1,850 660 7751 CANON INC. 10,500 4.28 1,050 640 7752 RICOH COMPANY,LTD. 7,400 10.05 740 232 7911 TOPPAN PRINTING CO.,LTD. 33,000 11.05 3,300 1,470 7912 DAI NIPPON PRINTING CO.,LTD. 43,000 6.40 4,300 1,970 7974 Nintendo Co.,Ltd. 101,000 16.00 10,100 2,400 8001 ITOCHU Corporation 5,100 5.62 510 239 8002 Marubeni Corporation 29,000 8.00 2,900 1,380 8028 FamilyMart Co.,Ltd. 14,500 3.30 1,450 910 8031 MITSUI & CO.,LTD. 5,600 9.54 560 288 8035 Tokyo Electron Limited 44,000 18.29 4,400 1,260 8053 SUMITOMO CORPORATION 5,300 10.26 530 259 8058 Mitsubishi Corporation 8,800 7.91 880 376 8113 UNI CHARM CORPORATION 26,000 6.50 2,600 1,100 8252 MARUI Group CO.,LTD. 4,100 5.65 410 175 8253 Credit Saison Co.,Ltd. 10,100 6.07 1,010 420 8263 The Daiei,Inc. 1,200 7.87 120 35 8267 AEON CO.,LTD. 4,900 6.47 490 230 8306 Mitsubishi UFJ Financial Group,Inc. 2,800 6.82 280 111 8308 Risona Holdings, Inc. 1,800 3.79 180 98 8309 Sumitomo Mitsui Trust Holdings, Inc. 33,000 11.84 3,300 910 8316 Sumitomo Mitsui Financial Group,Inc. 21,500 7.84 2,150 860 8411 Mizuho Financial Group,Inc. 900 6.99 90 41 8473 SBI Holdings,Inc. 13,700 16.23 1,370 260 8591 ORIX CORPORATION 7,300 5.85 730 284 Price Scan Range Volatility Scan Intra-commodity Spread Short Option Minimum Code Combined Commodity (Yen) Range (%) Charge per Net Delta (Yen) Charge per Unit (Yen) 8601 Daiwa Securities Group Inc. 43,000 5.81 4,300 1,770 8604 Nomura Holdings,Inc. 3,200 7.55 320 131 8630 NKSJ Holding,Inc. 12,700 6.02 1,270 520 MS&AD Insurance Group 8725 11,100 5.00 1,110 460 Holdings,Inc. 8750 The Dai-ichi Life Insurance 9,700 8.68 970 293 8766 Tokio Marine Holdings, Inc. 13,200 4.83 1,320 600 8795 T&D Holdings, Inc. 7,400 8.45 740 240 8801 Mitsui Fudosan Co.,Ltd. 150,000 4.46 15,000 6,200 8802 Mitsubishi Estate Company,Limited 125,000 4.55 12,500 4,900 8830 Sumitomo Realty & Development 215,000 5.43 21,500 8,000 8951 Nippon Building Fund Inc. 24,000 7.32 2,400 1,080 8952 Japan Real Estate Investment 22,000 6.16 2,200 1,040 8953 Japan Retail Fund Investment 8,200 8.88 820 403 8954 ORIX JREIT Inc. 6,400 7.03 640 259 8955 Japan Prime Realty Investment 16,500 7.24 1,650 670 8957 TOKYU REIT,Inc. 5,700 8.72 570 252 8959 Nomura Real Estate Office Fund,Inc. 20,500 5.67 2,050 910 8961 MORI TRUST Sogo Reit,Inc. 6,000 5.89 600 322 8967 Japan Logistics Fund Inc. 8,100 5.06 810 463 8972 Kenedix Realty Investment 30,000 7.53 3,000 1,030 8976 Daiwa Office Investment Corporation 32,000 10.18 3,200 1,030 8984 Daiwa House Residential Investment 16,500 7.63 1,650 840 9005 TOKYU CORPORATION 34,000 6.37 3,400 1,260 9020 East Japan Railway Company 32,000 4.80 3,200 1,500 9021 West Japan Railway Company 13,500 6.16 1,350 840 9022 Central Japan Railway Company 51,000 6.25 5,100 2,390 9062 NIPPON EXPRESS CO.,LTD. 33,000 7.57 3,300 1,010 9064 YAMATO HOLDINGS CO.,LTD. 12,200 8.19 1,220 440 9101 Nippon Yusen Kabushiki Kaisha 18,000 13.86 1,800 590 9104 Mitsui O.S.K.Lines,Ltd. 24,000 8.65 2,400 800 9107 Kawasaki Kisen Kaisha,Ltd. 12,000 10.29 1,200 430 9201 Japan Airlines Co.Ltd. 20,000 4.66 2,000 1,000 9202 ANA HOLDINGS INC. 11,000 8.00 1,100 450 9301 Mitsubishi Logistics Corporation 86,000 7.03 8,600 2,830 9404 Nippon Television Holdings, Inc. 7,100 9.81 710 332 9432 NIPPON TELEGRAPH AND 24,000 5.19 2,400 1,100 9433 KDDI CORPORATION 37,000 10.24 3,700 1,160 9437 NTT DoCoMo,Inc. 5,600 6.69 560 319 9501 The Tokyo Electric Power 4,600 19.73 460 82 9502 Chubu Electric Power 5,900 5.42 590 244 9503 The Kansai Electric Power 8,300 10.32 830 213 9504 The Chugoku Electric Power Company, 8,100 5.64 810 284 9506 Tohoku Electric Power 7,400 10.25 740 209 9508 Kyushu Electric Power 8,200 7.55 820 251 9531 TOKYO GAS CO.,LTD. 19,000 8.40 1,900 1,060 9532 OSAKA GAS CO.,LTD. 19,000 7.25 1,900 780 9613 NTT DATA CORPORATION 31,000 12.60 3,100 800 9735 SECOM CO.,LTD. 28,000 7.09 2,800 1,180 9766 KONAMI CORPORATION 14,500 8.31 1,450 470 9831 YAMADA DENKI CO.,LTD. 2,300 7.92 230 70 9983 FAST RETAILING CO.,LTD. 200,000 6.77 20,000 7,600 9984 SOFTBANK CORP. 49,000 7.13 4,900 1,540

4. Inter-Commodity Spread Credit Spread Credit Inter-Commodity Spread Credit Delta per Spread Ratio Rate (%) 10-year JGB : 5-year JGB 0.01% 1.00 : 1.29 20-year JGB : 10-year JGB 22.15% 1.00 : 1.35 20-year JGB : 5-year JGB 7.98% 1.00 : 1.75 Nikkei 225 : TOPIX 83.41% 1.00 : 1.22 Nikkei 225 : JPX-Nikkei Index 400 81.74% 1.00 : 13.51 Nikkei 225 : TOPIX Core30 78.10% 1.00 : 22.99 Nikkei 225 : RN Prime 81.31% 1.00 : 1.62 TOPIX : JPX-Nikkei Index 400 87.40% 1.00 : 11.07 TOPIX : TOPIX Core30 80.61% 1.00 : 18.84 TOPIX : RN Prime 80.74% 1.00 : 1.33 JPX-Nikkei Index 400: TOPIX Core30 85.44% 1.00 : 1.71 RN Prime : JPX-Nikkei Index 400 87.35% 1.00 : 8.32 RN Prime : TOPIX Core30 84.23% 1.00 : 14.16 Nikkei 225 : TOPIX Banks Index 78.01% 1.00 : 8.21 TOPIX : TOPIX Banks Index 80.72% 1.00 : 6.73 TOPIX Banks Index : JPX-Nikkei Index 400 84.74% 1.00 : 1.65 TOPIX Banks Index : TOPIX Core30 84.61% 1.00 : 2.80 RN Prime : TOPIX Banks Index 84.44% 1.00 : 5.06 Nikkei 225 : DJIA 58.00% 1.00 : 9.38 TOPIX : DJIA 59.14% 1.00 : 7.69 DJIA : JPX-Nikkei Index 400 59.42% 1.00 : 1.44 DJIA : TOPIX Core30 52.83% 1.00 : 2.45 RN Prime : DJIA 58.77% 1.00 : 5.78 Nikkei 225 : CNX Nifty 44.51% 1.00 : 24.24 TOPIX : CNX Nifty 37.13% 1.00 : 19.86 JPX-Nikkei Index 400: CNX Nifty 36.38% 1.00 : 1.79 TOPIX Core30 : CNX Nifty 34.77% 1.00 : 1.05 RN Prime : CNX Nifty 36.19% 1.00 : 14.93 DJIA : CNX Nifty 25.82% 1.00 : 2.58 (Note)The Price Scan Range shall be equivalent to the Margin Requirement per Unit of Futures Trading (in case of the same contract month of the same commodity). (Note) Intra-Commodity Spread Charge per Net Delta = Price Scan Range times 10% (raise the decimals to a unit)