TPX 1000 Index - Dividends and Implied Volatility Surfaces Parameters

1. 15.05.2013
Ticker Name GICS_SECTOR_NAME ATM Ref
Dividend
Yield
Next Ex-
Dividend
Date
ATM Vol -
30D
ATM Vol -
60D
ATM Vol -
90D
ATM Vol -
6M
ATM Vol -
12M
ATM Vol -
18M
ATM Vol -
24M
Skew
(a) -
30D
Skew
(a) -
60D
Skew
(a) -
90D
Skew
(a) -
6M
Skew
(a) -
12M
Skew
(a) -
18M
Skew
(a) -
24M
Skew
(b) -
30D
Skew
(b) -
60D
Skew
(b) -
90D
Skew
(b) -
6M
Skew
(b) -
12M
Skew
(b) -
18M
Skew
(b) -
24M
7203 JT Equity TOYOTA MOTOR CORP Consumer Discretionary 6440.00 1.24% 26.09.2013 36.78 34.37 33.26 31.92 0.041 -0.093 -0.073 -0.036 -0.003 0.002 0.002 0.001
8306 JT Equity MITSUBISHI UFJ FINANCIAL GRO Financials 732.00 1.91% 26.09.2014 41.14 40.09 38.58 37.47 -0.005 -0.014 -0.022 -0.002 0.003 0.002 0.002 0.000
8316 JT Equity SUMITOMO MITSUI FINANCIAL GR Financials 4915.00 2.24% 26.09.2014 39.43 39.41 38.08 37.12 -0.194 -0.032 -0.021 0.007 0.000 0.002 0.002 0.001
7267 JT Equity HONDA MOTOR CO LTD Consumer Discretionary 4185.00 1.91% 26.06.2014 30.71 32.35 31.75 31.10 0.103 -0.134 -0.108 -0.063 0.000 0.002 0.001 0.001
8411 JT Equity MIZUHO FINANCIAL GROUP INC Financials 226.00 2.65% 26.09.2014 30.03 48.15 47.74 47.91 -0.026 -0.033 -0.026 -0.003 0.008 0.001 0.001 0.000
9984 JT Equity SOFTBANK CORP Telecommunication Services5960.00 0.67% 26.09.2013 46.56 44.22 42.98 43.31 0.208 -0.048 -0.044 0.007 -0.005 0.002 0.002 0.000
2914 JT Equity JAPAN TOBACCO INC Consumer Staples 3805.00 2.42% 26.09.2014 32.75 38.37 35.20 32.56 -0.094 -0.045 -0.044 -0.013 0.007 0.002 0.002 0.001
7751 JT Equity CANON INC Information Technology 3740.00 3.21% 26.06.2013 33.70 32.80 32.09 31.48 -0.299 -0.131 -0.074 -0.013 -0.010 0.003 0.002 0.000
9432 JT Equity NIPPON TELEGRAPH & TELEPHONE Telecommunication Services5550.00 2.88% 26.09.2014 31.14 29.98 28.52 27.19 0.085 -0.093 -0.073 0.060 -0.004 0.003 0.002 0.002
8802 JT Equity MITSUBISHI ESTATE CO LTD Financials 2868.00 0.42% 26.09.2014 37.00 42.12 41.11 39.96 0.388 -0.048 -0.049 -0.039 0.027 -0.001 0.000 0.001
4502 JT Equity TAKEDA PHARMACEUTICAL CO LTD Health Care 4985.00 3.61% 26.09.2014 33.12 26.19 25.66 25.08 -0.045 -0.006 -0.023 -0.009 -0.013 0.000 0.000 0.000
8604 JT Equity NOMURA HOLDINGS INC Financials 924.00 0.43% 26.09.2013 47.44 45.53 44.28 43.85 0.048 -0.092 -0.065 -0.021 0.007 0.002 0.002 0.001
6501 JT Equity HITACHI LTD Information Technology 739.00 1.35% 26.09.2013 41.02 38.45 38.18 36.75 -0.017 -0.056 -0.050 -0.012 -0.005 0.001 0.001 0.000
6954 JT Equity FANUC CORP Industrials 16460.00 1.22% 26.09.2013 35.79 37.60 37.02 36.05 -0.035 -0.041 -0.043 0.005 -0.001 0.002 0.002 0.001
3382 JT Equity SEVEN & I HOLDINGS CO LTD Consumer Staples 4065.00 1.62% 27.08.2014 25.00 33.54 32.45 31.46 -0.764 -0.083 -0.066 -0.015 0.009 0.003 0.002 0.000
9020 JT Equity EAST JAPAN RAILWAY CO Industrials 8420.00 1.43% 26.09.2014 17.82 31.14 30.37 31.19 0.502 -0.034 -0.032 -0.011 0.010 0.001 0.001 0.000
8801 JT Equity MITSUI FUDOSAN CO LTD Financials 3250.00 0.68% 26.09.2014 44.06 48.09 49.99 50.11 0.577 -0.003 -0.009 0.023 0.004 -0.001 -0.002 -0.002
8058 JT Equity MITSUBISHI CORP Industrials 1900.00 3.16% 26.09.2014 29.49 28.34 28.25 27.84 -0.195 -0.042 -0.031 -0.002 0.001 0.001 0.001 0.001
7201 JT Equity NISSAN MOTOR CO LTD Consumer Discretionary 1147.00 2.22% 26.09.2013 33.88 37.03 36.16 35.45 -0.469 -0.071 -0.053 -0.024 0.003 0.002 0.002 0.000
6301 JT Equity KOMATSU LTD Industrials 2894.00 2.00% 26.09.2014 37.73 36.18 35.85 35.56 -0.038 -0.089 -0.069 -0.013 0.001 0.004 0.003 0.001
4503 JT Equity ASTELLAS PHARMA INC Health Care 6010.00 2.25% 26.09.2014 27.76 26.98 26.56 27.07 -0.071 -0.012 -0.024 -0.011 -0.002 0.005 0.003 0.001
9433 JT Equity KDDI CORP Telecommunication Services4935.00 2.43% 26.09.2014 29.62 30.01 29.92 30.33 -0.083 -0.004 -0.010 0.076 -0.007 0.001 0.001 -0.001
9437 JT Equity NTT DOCOMO INC Telecommunication Services162800.00 3.69% 26.09.2014 18.90 25.66 25.30 24.76 -0.380 -0.048 -0.046 -0.012 -0.003 0.001 0.001 0.001
4063 JT Equity SHIN-ETSU CHEMICAL CO LTD Materials 6980.00 1.43% 26.09.2013 31.19 31.56 31.57 31.45 -0.229 -0.058 -0.049 -0.011 -0.002 0.002 0.002 0.000
6758 JT Equity SONY CORP Consumer Discretionary 2072.00 1.21% 26.09.2013 54.26 47.87 44.92 42.27 0.126 -0.245 -0.200 -0.133 -0.015 0.001 0.001 0.000
8766 JT Equity TOKIO MARINE HOLDINGS INC Financials 3380.00 1.63% 26.09.2013 32.38 37.53 36.59 35.86 -0.036 -0.084 -0.053 0.001 -0.003 0.003 0.002 0.000
8031 JT Equity MITSUI & CO LTD Industrials 1423.00 3.58% 26.09.2014 27.10 28.53 28.33 28.46 -0.258 -0.099 -0.068 -0.009 -0.002 0.002 0.002 0.000
7011 JT Equity MITSUBISHI HEAVY INDUSTRIES Industrials 713.00 1.12% 26.09.2014 33.61 40.33 40.22 40.09 0.011 0.002 0.003 0.006 -0.002 0.000 0.000 0.000
6503 JT Equity MITSUBISHI ELECTRIC CORP Industrials 1180.00 1.10% 26.09.2013 43.88 35.36 35.29 35.20 0.156 0.003 0.004 0.005 0.000 0.000 0.000 0.000
5108 JT Equity BRIDGESTONE CORP Consumer Discretionary 3590.00 1.50% 26.06.2014 40.73 36.92 38.34 40.36 -0.383 -0.051 -0.021 0.015 -0.025 0.002 0.001 -0.001
5401 JT Equity NIPPON STEEL & SUMITOMO META Materials 265.00 1.51% 26.09.2013 30.07 37.56 36.90 36.51 0.045 -0.066 -0.058 0.028 0.017 0.004 0.003 0.000
6902 JT Equity DENSO CORP Consumer Discretionary 4745.00 1.43% 26.09.2014 29.94 33.46 33.96 35.17 -0.483 -0.020 -0.011 0.002 0.008 0.001 0.000 0.000
8309 JT Equity SUMITOMO MITSUI TRUST HOLDIN Financials 600.00 1.67% 26.09.2014 40.66 40.26 40.18 40.01 -0.008 0.001 0.002 0.010 0.001 0.000 0.000 0.000
9022 JT Equity CENTRAL JAPAN RAILWAY CO Industrials 13340.00 0.82% 26.09.2014 26.49 35.30 35.22 34.98 -0.522 0.003 0.003 0.029 0.015 0.000 0.000 0.000
8830 JT Equity SUMITOMO REALTY & DEVELOPMNT Financials 4455.00 0.45% 26.09.2014 39.04 43.81 43.49 43.26 -0.164 -0.161 -0.214 -0.281 -0.024 -0.010 -0.005 0.000
8001 JT Equity ITOCHU CORP Industrials 1312.00 3.20% 26.09.2014 35.33 30.19 30.12 30.18 -0.501 0.005 0.004 0.003 -0.001 0.000 0.000 0.000
6502 JT Equity TOSHIBA CORP Information Technology 523.00 1.53% 26.09.2013 41.98 38.24 37.70 37.45 -0.114 -0.078 -0.052 -0.006 -0.012 0.002 0.002 0.000
6752 JT Equity PANASONIC CORP Consumer Discretionary 898.00 26.09.2013 40.99 41.98 41.58 42.12 0.224 -0.120 -0.067 0.016 -0.009 0.004 0.002 0.000
8601 JT Equity DAIWA SECURITIES GROUP INC Financials 1002.00 0.60% 26.09.2013 46.23 40.32 40.23 40.98 0.073 0.003 0.003 -0.039 0.005 0.000 0.000 -0.001
4452 JT Equity KAO CORP Consumer Staples 3510.00 1.82% 26.06.2014 22.98 23.34 23.36 23.24 -0.118 -0.091 -0.041 0.007 0.003 0.002 0.001 0.000
6326 JT Equity KUBOTA CORP Industrials 1696.00 1.06% 26.09.2013 70.05 30.33 30.27 30.20 0.678 0.002 0.003 0.003 -0.022 0.000 0.000 0.000
6981 JT Equity MURATA MANUFACTURING CO LTD Information Technology 8650.00 1.39% 26.09.2014 32.46 34.18 34.02 33.83 -0.110 -0.075 -0.066 -0.049 0.006 0.000 0.000 0.000
9983 JT Equity FAST RETAILING CO LTD Consumer Discretionary 38800.00 0.72% 26.02.2014 30.98 40.37 40.13 40.21 0.697 -0.010 -0.009 0.015 0.024 0.000 0.000 0.000
2503 JT Equity KIRIN HOLDINGS CO LTD Consumer Staples 1841.00 1.96% 26.06.2014 28.38 29.05 29.27 29.43 -0.359 -0.111 -0.055 0.003 0.004 -0.001 -0.001 0.000
6971 JT Equity KYOCERA CORP Information Technology 10610.00 1.13% 26.09.2013 35.25 30.47 30.25 30.04 -0.257 -0.059 -0.023 0.003 -0.013 0.002 0.001 0.000
8591 JT Equity ORIX CORP Financials 1505.00 0.86% 27.03.2014 37.54 35.15 35.04 34.83 0.204 0.001 0.002 0.006 0.016 0.000 0.000 0.000
8725 JT Equity MS&AD INSURANCE GROUP HOLDIN Financials 2960.00 1.82% 26.09.2013 42.18 40.38 40.30 40.25 -0.022 0.004 0.004 0.004 0.006 0.000 0.000 0.000
6861 JT Equity KEYENCE CORP Information Technology 34450.00 0.17% 17.09.2014 25.41 25.20 25.14 25.04 0.004 0.003 0.004 0.006 0.000 0.000 0.000 0.000
8750 JT Equity DAI-ICHI LIFE INSURANCE Financials 155600.00 1.29% 27.03.2015 41.67 41.35 41.28 41.15 0.002 0.003 0.004 0.006 0.000 0.000 0.000 0.000
8053 JT Equity SUMITOMO CORP Industrials 1353.00 3.47% 26.09.2014 25.96 27.45 27.81 28.74 -0.121 -0.100 -0.047 0.003 0.001 0.003 0.001 0.000
7270 JT Equity FUJI HEAVY INDUSTRIES LTD Consumer Discretionary 2395.00 0.84% 26.09.2014
4578 JT Equity OTSUKA HOLDINGS CO LTD Health Care 3605.00 1.80% 26.09.2014
9531 JT Equity TOKYO GAS CO LTD Utilities 616.00 1.62% 26.09.2014 19.51 20.30 20.22 20.19 0.043 -0.011 -0.004 0.006 0.014 0.001 0.001 0.000
6273 JT Equity SMC CORP Industrials 22340.00 0.72% 26.09.2014 29.49 29.24 29.17 29.06 0.002 0.003 0.004 0.008 0.000 0.000 0.000 0.000
7974 JT Equity NINTENDO CO LTD Information Technology 11710.00 2.22% 27.03.2015 47.95 39.15 38.82 38.79 0.066 -0.135 -0.108 -0.061 -0.028 0.003 0.003 0.001
4568 JT Equity DAIICHI SANKYO CO LTD Health Care 1998.00 3.00% 26.09.2014 20.90 22.89 23.06 23.18 -0.040 -0.048 -0.026 0.002 0.009 0.001 0.000 0.000
1605 JT Equity INPEX CORP Energy 468000.00 1.54% 26.09.2014 33.56 30.81 30.34 31.42 -0.305 -0.061 -0.065 -0.021 0.007 0.001 0.001 0.000
1925 JT Equity DAIWA HOUSE INDUSTRY CO LTD Financials 2259.00 1.68% 26.09.2014 39.17 29.96 31.39 33.37 -0.187 -0.032 -0.009 0.011 -0.023 0.001 0.001 0.000
2502 JT Equity ASAHI GROUP HOLDINGS LTD Consumer Staples 2766.00 1.55% 26.06.2014 41.80 24.80 24.60 24.54 0.275 -0.079 -0.036 0.004 -0.014 0.002 0.001 0.000
5020 JT Equity JX HOLDINGS INC Energy 536.00 2.99% 26.09.2014 29.21 30.21 30.16 30.24 0.014 0.005 0.004 0.006 0.005 0.000 0.000 0.000
9735 JT Equity SECOM CO LTD Industrials 5640.00 2.04% 27.03.2015 22.37 26.77 26.76 27.13 -0.079 -0.080 -0.038 0.006 0.003 0.002 0.001 0.000
8002 JT Equity MARUBENI CORP Industrials 750.00 3.33% 26.09.2014 28.74 35.26 35.15 35.23 0.018 0.003 0.004 0.005 0.001 0.000 0.000 0.000
3402 JT Equity TORAY INDUSTRIES INC Materials 746.00 1.34% 26.09.2014 33.52 30.37 30.30 30.22 0.399 0.002 0.003 0.003 0.007 0.000 0.000 0.000
6367 JT Equity DAIKIN INDUSTRIES LTD Industrials 4410.00 0.86% 26.09.2013 36.85 36.78 37.44 37.90 -0.098 -0.074 -0.033 0.009 0.003 0.001 0.001 0.000
7261 JT Equity MAZDA MOTOR CORP Consumer Discretionary 379.00 48.94 50.47 49.80 49.40 -0.377 -0.407 -0.408 -0.401 -0.001 -0.003 -0.003 -0.003
8630 JT Equity NKSJ HOLDINGS INC Financials 2730.00 2.20% 27.03.2014 26.04 33.29 33.22 33.20 0.005 0.004 0.004 0.005 0.017 0.000 0.000 0.000
6988 JT Equity NITTO DENKO CORP Materials 6920.00 1.45% 26.09.2014 29.78 35.34 35.27 35.21 0.256 0.003 0.003 0.004 0.008 0.000 0.000 0.000
4523 JT Equity EISAI CO LTD Health Care 4630.00 3.24% 26.09.2014 19.74 23.22 23.16 23.13 -0.170 -0.020 -0.006 0.007 0.005 0.000 0.000 0.000
7269 JT Equity SUZUKI MOTOR CORP Consumer Discretionary 2852.00 0.63% 26.09.2014 43.75 35.04 35.17 35.30 -0.678 -0.082 -0.039 0.007 -0.003 0.003 0.001 0.000
5411 JT Equity JFE HOLDINGS INC Materials 2181.00 0.92% 26.09.2013 41.45 45.81 47.56 49.88 -0.445 -0.078 -0.036 0.027 -0.004 0.002 0.001 -0.001
8308 JT Equity RESONA HOLDINGS INC Financials 554.00 2.71% 27.03.2015 31.92 35.19 35.12 34.99 0.757 0.002 0.003 0.005 0.005 0.000 0.000 0.000
4901 JT Equity FUJIFILM HOLDINGS CORP Information Technology 2505.00 1.60% 26.09.2014 58.93 37.13 37.62 37.92 -0.255 -0.079 -0.034 0.001 -0.028 0.003 0.001 0.000
9201 JT Equity JAPAN AIRLINES CO LTD Industrials 4965.00 3.83% 27.03.2014 28.50 28.28 28.22 28.15 0.000 0.003 0.004 0.006 0.000 0.000 0.000 0.000
9503 JT Equity KANSAI ELECTRIC POWER CO INC Utilities 1338.00 26.09.2013 85.86 58.06 58.59 59.16 0.803 0.019 -0.049 -0.114 -0.062 0.002 0.000 -0.002
5802 JT Equity SUMITOMO ELECTRIC INDUSTRIES Industrials 1410.00 1.49% 26.09.2014 46.73 37.63 38.06 38.52 -0.197 -0.153 -0.072 0.007 -0.015 0.004 0.002 0.000
7741 JT Equity HOYA CORP Information Technology 2111.00 3.32% 26.09.2013 19.51 21.64 21.59 21.64 -0.076 0.003 0.003 0.015 0.009 0.000 0.000 0.000
7731 JT Equity NIKON CORP Consumer Discretionary 2729.00 1.50% 26.09.2014 63.16 38.74 38.97 39.56 0.048 -0.068 -0.032 0.015 -0.040 0.003 0.002 0.000
7202 JT Equity ISUZU MOTORS LTD Consumer Discretionary 872.00 1.38% 26.09.2014 71.44 41.04 40.38 40.32 0.806 0.100 0.061 0.032 -0.034 -0.005 -0.003 -0.002
1928 JT Equity SEKISUI HOUSE LTD Consumer Discretionary 1480.00 2.43% 29.07.2014 29.04 35.33 35.50 35.18 -0.183 0.001 0.004 0.006 0.026 0.000 0.000 0.000
4661 JT Equity ORIENTAL LAND CO LTD Consumer Discretionary 15430.00 0.78% 26.09.2014 20.32 20.18 20.12 20.07 -0.060 0.002 0.003 0.005 0.003 0.000 0.000 0.000
8035 JT Equity TOKYO ELECTRON LTD Information Technology 5660.00 0.88% 26.09.2014 52.63 41.41 42.59 43.75 -0.160 -0.054 -0.019 0.018 -0.009 0.002 0.001 0.000
3407 JT Equity ASAHI KASEI CORP Materials 720.00 1.94% 26.09.2014 32.71 23.09 23.05 23.03 -0.062 -0.019 -0.008 0.004 0.000 0.001 0.001 0.000
8267 JT Equity AEON CO LTD Consumer Staples 1343.00 1.94% 27.08.2014 26.27 26.19 26.26 26.48 0.235 -0.065 -0.031 0.003 0.015 0.003 0.001 0.000
9041 JT Equity KINTETSU CORP Industrials 504.00 0.99% 27.03.2015
9532 JT Equity OSAKA GAS CO LTD Utilities 461.00 1.95% 26.09.2014 20.18 20.20 20.14 20.09 -0.387 0.004 0.006 0.006 0.009 0.000 0.000 0.000
8795 JT Equity T&D HOLDINGS INC Financials 1311.00 1.72% 27.03.2015 40.68 44.27 44.18 44.01 -0.303 0.002 0.003 0.005 0.007 0.000 0.000 0.000
9005 JT Equity TOKYU CORP Industrials 744.00 1.01% 26.09.2014 25.53 25.26 25.22 25.19 -0.086 0.003 0.004 0.006 0.006 0.000 0.000 0.000
9501 JT Equity TOKYO ELECTRIC POWER CO INC Utilities 513.00 27.03.2015 97.00 69.54 68.50 67.50 -0.872 -0.004 -0.013 -0.026 0.038 0.001 0.001 0.000
1878 JT Equity DAITO TRUST CONSTRUCT CO LTD Financials 9970.00 3.42% 26.09.2014
9202 JT Equity ANA HOLDINGS INC Industrials 214.00 1.87% 27.03.2015 32.87 32.23 32.15 32.09 -0.020 -0.004 0.002 0.010 0.004 0.001 0.000 0.000
2802 JT Equity AJINOMOTO CO INC Consumer Staples 1500.00 1.33% 26.09.2014 24.89 23.46 23.63 23.86 0.048 -0.041 -0.019 0.005 0.006 0.001 0.000 0.000
6702 JT Equity FUJITSU LTD Information Technology 429.00 27.03.2014 38.81 36.27 36.16 35.99 0.487 0.005 0.004 0.005 -0.001 0.000 0.000 0.000
4543 JT Equity TERUMO CORP Health Care 5330.00 1.09% 26.09.2014 29.80 29.50 30.41 31.44 -0.075 -0.060 -0.019 0.014 0.003 0.002 0.001 0.000
9502 JT Equity CHUBU ELECTRIC POWER CO INC Utilities 1334.00 3.75% 26.09.2013 44.45 42.33 42.20 41.74 0.344 0.002 0.003 0.118 -0.020 0.000 0.000 0.000
6201 JT Equity TOYOTA INDUSTRIES CORP Consumer Discretionary 4475.00 1.34% 26.09.2014
5201 JT Equity ASAHI GLASS CO LTD Industrials 786.00 3.31% 26.06.2014 34.43 32.26 32.18 32.12 0.006 0.001 0.001 0.005 -0.004 0.000 0.000 0.000
9021 JT Equity WEST JAPAN RAILWAY CO Industrials 4630.00 2.38% 26.09.2014 14.65 25.17 25.10 25.07 -0.251 0.002 0.003 0.006 0.000 0.000 0.000 0.000
9042 JT Equity HANKYU HANSHIN HOLDINGS INC Industrials 627.00 0.80% 27.03.2015
9064 JT Equity YAMATO HOLDINGS CO LTD Industrials 2078.00 1.15% 26.09.2014 34.88 30.01 30.13 30.19 -0.179 -0.054 -0.020 0.010 -0.011 0.002 0.001 0.000
5713 JT Equity SUMITOMO METAL MINING CO LTD Materials 1417.00 2.40% 26.09.2014 41.93 35.72 36.33 36.94 -0.191 -0.098 -0.044 0.007 -0.002 0.004 0.002 0.000
9007 JT Equity ODAKYU ELECTRIC RAILWAY CO Industrials 1189.00 0.67% 26.09.2014
6594 JT Equity NIDEC CORP Industrials 6960.00 1.22% 26.09.2014 38.72 38.90 33.85 28.90 0.006 0.018 0.012 0.004 -0.010 -0.010 -0.006 -0.001
4689 JT Equity YAHOO JAPAN CORP Information Technology 52600.00 0.80% 27.03.2014 36.38 35.24 35.16 34.98 0.049 0.003 0.003 0.006 0.001 0.000 0.000 0.000
8113 JT Equity UNICHARM CORP Consumer Staples 6490.00 0.55% 26.09.2014 20.39 20.23 20.20 20.16 -0.082 -0.004 0.000 0.004 0.005 0.000 0.000 0.000
7752 JT Equity RICOH CO LTD Information Technology 1247.00 2.65% 26.09.2014 44.18 41.69 42.33 43.86 -0.462 -0.138 -0.067 0.004 0.005 0.004 0.002 0.000
8332 JT Equity BANK OF YOKOHAMA LTD/THE Financials 609.00 1.81% 26.09.2014
8355 JT Equity SHIZUOKA BANK LTD/THE Financials 1279.00 1.17% 26.09.2014
5938 JT Equity LIXIL GROUP CORP Industrials 2527.00 1.58% 26.09.2014 39.09 27.22 27.17 27.13 -0.558 0.000 0.002 0.004 -0.010 0.000 0.000 0.000
6645 JT Equity OMRON CORP Information Technology 3455.00 1.04% 27.03.2014
7259 JT Equity AISIN SEIKI CO LTD Consumer Discretionary 3945.00 1.90% 26.09.2014 40.69 40.41 40.33 40.31 0.006 0.004 0.004 0.005 -0.001 0.000 0.000 0.000
4324 JT Equity DENTSU INC Consumer Discretionary 3780.00 0.85% 26.09.2014 30.74 28.72 28.51 28.52 -0.023 -0.029 -0.031 -0.030 -0.001 0.000 0.000 0.001
7309 JT Equity SHIMANO INC Consumer Discretionary 8910.00 0.14% 26.06.2014
4507 JT Equity SHIONOGI & CO LTD Health Care 2326.00 1.89% 26.09.2014
6586 JT Equity MAKITA CORP Industrials 5800.00 1.31% 27.03.2014
1963 JT Equity JGC CORP Industrials 3120.00 1.49% 27.03.2015 39.35 36.02 34.70 33.70 -0.009 -0.043 -0.049 -0.057 -0.008 -0.004 -0.002 -0.001
4188 JT Equity MITSUBISHI CHEMICAL HOLDINGS Materials 523.00 2.29% 26.09.2014 41.19 35.25 35.18 35.23 -0.245 0.000 0.002 0.003 -0.004 0.000 0.000 0.000
2267 JT Equity YAKULT HONSHA CO LTD Consumer Staples 5210.00 0.46% 26.09.2014
9506 JT Equity TOHOKU ELECTRIC POWER CO INC Utilities 1350.00 27.03.2014 50.85 50.34 50.24 50.10 0.002 0.004 0.005 0.007 0.000 0.000 0.000 0.000
4528 JT Equity ONO PHARMACEUTICAL CO LTD Health Care 6570.00 2.74% 26.09.2014
6701 JT Equity NEC CORP Information Technology 260.00 1.54% 27.03.2015 55.18 42.33 42.26 42.12 0.259 0.001 0.001 0.004 -0.028 0.000 0.000 0.000
9001 JT Equity TOBU RAILWAY CO LTD Industrials 583.00 1.03% 26.09.2014
9508 JT Equity KYUSHU ELECTRIC POWER CO INC Utilities 1456.00 0.69% 27.03.2014 67.77 45.40 45.28 45.18 0.778 0.002 0.003 0.007 -0.033 0.000 0.000 0.000
7733 JT Equity OLYMPUS CORP Health Care 2715.00 27.03.2015 41.27 34.60 31.74 29.03 -0.182 -0.201 -0.211 -0.218 -0.017 -0.008 -0.004 0.001
7211 JT Equity MITSUBISHI MOTORS CORP Consumer Discretionary 129.00
Option Implied Volatility Skew Parameters by Terms:
IVt = atx + btx
2
+ ct
At The Money Implied Volatilities by Terms
TOPIX1000Index-TPX1000
Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

2. 15.05.2013
Ticker Name GICS_SECTOR_NAME ATM Ref
Dividend
Yield
Next Ex-
Dividend
Date
ATM Vol -
30D
ATM Vol -
60D
ATM Vol -
90D
ATM Vol -
6M
ATM Vol -
12M
ATM Vol -
18M
ATM Vol -
24M
Skew
(a) -
30D
Skew
(a) -
60D
Skew
(a) -
90D
Skew
(a) -
6M
Skew
(a) -
12M
Skew
(a) -
18M
Skew
(a) -
24M
Skew
(b) -
30D
Skew
(b) -
60D
Skew
(b) -
90D
Skew
(b) -
6M
Skew
(b) -
12M
Skew
(b) -
18M
Skew
(b) -
24M
6460 JT Equity SEGA SAMMY HOLDINGS INC Consumer Discretionary 2896.00 1.38% 26.09.2014
7912 JT Equity DAI NIPPON PRINTING CO LTD Industrials 1007.00 3.18% 26.09.2014 25.62 26.21 27.61 29.01 -0.170 -0.111 -0.055 0.003 0.002 0.002 0.001 0.000
8015 JT Equity TOYOTA TSUSHO CORP Industrials 2788.00 1.65% 26.09.2014
4519 JT Equity CHUGAI PHARMACEUTICAL CO LTD Health Care 2505.00 1.80% 26.06.2014 31.52 35.31 35.22 35.11 -0.296 0.001 0.002 0.004 -0.003 0.000 0.000 0.000
3099 JT Equity ISETAN MITSUKOSHI HOLDINGS L Consumer Discretionary 1519.00 0.66% 27.03.2015
8331 JT Equity CHIBA BANK LTD/THE Financials 776.00 1.55% 26.09.2014
2651 JT Equity LAWSON INC Consumer Staples 7750.00 2.71% 27.08.2014 13.03 24.68 24.44 24.67 -0.118 -0.138 -0.126 -0.119 0.014 0.000 -0.001 -0.001
9006 JT Equity KEIKYU CORP Industrials 1091.00 0.55% 26.09.2014
3405 JT Equity KURARAY CO LTD Materials 1553.00 2.32% 26.09.2014 30.75 30.36 30.44 30.60 -0.108 -0.084 -0.038 0.004 0.003 0.003 0.001 0.000
8697 JT Equity JAPAN EXCHANGE GROUP INC Financials 11040.00 0.86% 26.09.2014
4911 JT Equity SHISEIDO CO LTD Consumer Staples 1472.00 1.36% 26.09.2014 28.90 27.49 27.59 27.79 -0.097 -0.056 -0.029 0.003 0.003 0.002 0.001 0.000
7012 JT Equity KAWASAKI HEAVY INDUSTRIES Industrials 345.00 1.45% 27.03.2015 38.26 43.44 43.33 43.21 0.091 0.003 0.003 0.005 -0.003 0.000 0.000 0.000
4204 JT Equity SEKISUI CHEMICAL CO LTD Consumer Discretionary 1219.00 1.64% 26.09.2014
7013 JT Equity IHI CORP Industrials 383.00 1.31% 27.03.2015 41.55 48.06 49.62 51.38 -0.114 -0.170 -0.189 -0.220 0.010 0.003 0.002 -0.001
4005 JT Equity SUMITOMO CHEMICAL CO LTD Materials 358.00 2.51% 26.09.2014 55.37 42.37 42.26 41.70 0.159 -0.002 0.003 0.113 -0.004 0.000 0.000 0.000
6806 JT Equity HIROSE ELECTRIC CO LTD Information Technology 14100.00 1.13% 26.09.2014 31.47 31.20 31.12 31.04 0.002 0.003 0.003 0.005 0.000 0.000 0.000 0.000
6869 JT Equity SYSMEX CORP Health Care 6810.00 0.62% 26.09.2014
6753 JT Equity SHARP CORP Consumer Discretionary 463.00 27.03.2015 92.19 70.70 70.50 70.25 0.509 0.005 0.004 0.008 -0.020 0.000 0.000 0.000
8333 JT Equity JOYO BANK LTD/THE Financials 629.00 1.43% 26.09.2014
8303 JT Equity SHINSEI BANK LTD Financials 274.00 0.36% 27.03.2015
9008 JT Equity KEIO CORP Industrials 837.00 0.90% 26.09.2014
8815 JT Equity TOKYU LAND CORP Financials 1083.00 0.65% 26.09.2014
9613 JT Equity NTT DATA CORP Information Technology 382000.00 1.57% 26.09.2014 52.32 29.44 29.76 30.08 0.791 -0.074 -0.035 0.004 -0.028 0.001 0.001 0.000
7272 JT Equity YAMAHA MOTOR CO LTD Consumer Discretionary 1531.00 1.11% 26.06.2014
8253 JT Equity CREDIT SAISON CO LTD Financials 2679.00 1.12% 27.03.2015 44.44 45.73 47.78 50.07 -0.115 -0.111 -0.057 0.005 0.003 0.001 0.000 0.000
7262 JT Equity DAIHATSU MOTOR CO LTD Consumer Discretionary 2171.00 2.76% 26.09.2013
6471 JT Equity NSK LTD Industrials 1014.00 1.18% 26.09.2014 45.71 45.33 45.20 45.12 0.002 0.002 0.003 0.005 0.000 0.000 0.000 0.000
4185 JT Equity JSR CORP Materials 2329.00 1.63% 26.09.2014
6762 JT Equity TDK CORP Information Technology 3965.00 1.77% 26.09.2014 39.05 38.13 37.62 37.99 0.131 -0.067 -0.068 -0.022 -0.005 0.002 0.002 0.001
4676 JT Equity FUJI MEDIA HOLDINGS INC Consumer Discretionary 232000.00 1.90% 26.09.2014 56.27 45.39 45.30 45.30 -0.094 0.003 0.004 0.005 -0.017 0.000 0.000 0.000
1801 JT Equity TAISEI CORP Industrials 379.00 1.32% 26.09.2014 48.58 35.31 35.22 35.08 0.268 0.002 0.002 0.004 -0.010 0.000 0.000 0.000
6963 JT Equity ROHM CO LTD Information Technology 4010.00 1.00% 26.09.2014 47.35 42.73 42.39 41.91 -0.001 -0.092 -0.080 -0.059 0.006 -0.001 -0.001 0.000
7911 JT Equity TOPPAN PRINTING CO LTD Industrials 746.00 2.41% 26.09.2014 25.46 25.27 25.23 25.26 -0.093 0.005 0.004 0.005 0.005 0.000 0.000 0.000
8473 JT Equity SBI HOLDINGS INC Financials 1668.00 0.60% 27.03.2014 103.26 77.94 59.56 41.65 0.956 0.466 0.125 -0.225 -0.127 -0.074 -0.036 0.002
9101 JT Equity NIPPON YUSEN Industrials 263.00 1.52% 26.09.2014 28.77 39.39 39.26 39.17 -0.287 -0.004 0.002 0.006 0.015 0.000 0.000 0.000
7205 JT Equity HINO MOTORS LTD Industrials 1666.00 1.80% 26.09.2014
5711 JT Equity MITSUBISHI MATERIALS CORP Materials 335.00 1.79% 26.09.2014 65.94 39.36 39.48 39.74 0.638 -0.197 -0.200 -0.209 -0.017 0.001 -0.001 -0.002
9504 JT Equity CHUGOKU ELECTRIC POWER CO Utilities 1480.00 3.38% 26.09.2013 38.34 31.10 29.73 28.57 -0.082 0.120 0.213 0.308 -0.012 -0.013 -0.011 -0.009
5333 JT Equity NGK INSULATORS LTD Industrials 1497.00 1.34% 26.09.2014 35.88 34.41 33.83 33.19 -0.014 -0.008 -0.007 -0.009 0.001 0.001 0.001 0.000
1802 JT Equity OBAYASHI CORP Industrials 601.00 1.33% 26.09.2014 42.80 37.26 37.12 37.02 0.186 0.002 0.004 0.006 -0.009 0.000 0.000 0.000
9513 JT Equity ELECTRIC POWER DEVELOPMENT C Utilities 3235.00 2.16% 26.09.2014
9831 JT Equity YAMADA DENKI CO LTD Consumer Discretionary 4410.00 1.36% 27.03.2015 47.58 45.32 45.20 44.99 0.351 0.004 0.004 0.006 -0.011 0.000 0.000 0.000
4902 JT Equity KONICA MINOLTA INC Information Technology 751.00 2.00% 26.09.2014 46.82 45.05 42.27 39.57 0.029 0.022 0.039 0.031 -0.008 -0.006 -0.005 -0.001
9104 JT Equity MITSUI OSK LINES LTD Industrials 404.00 26.09.2014 44.04 47.38 47.23 47.52 -0.548 0.003 0.003 -0.037 -0.011 0.000 0.000 0.000
8354 JT Equity FUKUOKA FINANCIAL GROUP INC Financials 491.00 2.04% 26.09.2014
9062 JT Equity NIPPON EXPRESS CO LTD Industrials 495.00 2.02% 26.09.2014 31.63 30.30 30.26 30.24 -0.050 0.002 0.002 0.005 -0.010 0.000 0.000 0.000
4581 JT Equity TAISHO PHARMACEUTICAL HOLDIN Health Care 7770.00 1.42% 26.09.2014
8369 JT Equity BANK OF KYOTO LTD/THE Financials 1095.00 0.91% 26.09.2014
5406 JT Equity KOBE STEEL LTD Materials 133.00 27.03.2014 48.07 46.08 40.31 34.25 -0.122 0.023 0.295 0.565 0.001 0.000 0.002 0.005
4530 JT Equity HISAMITSU PHARMACEUTICAL CO Health Care 5900.00 1.19% 27.08.2014
2897 JT Equity NISSIN FOODS HOLDINGS CO LTD Consumer Staples 4330.00 1.73% 26.09.2014
8358 JT Equity SURUGA BANK LTD Financials 1937.00 0.77% 26.09.2014
3086 JT Equity J FRONT RETAILING CO LTD Consumer Discretionary 791.00 1.26% 27.08.2014
7832 JT Equity NAMCO BANDAI HOLDINGS INC Consumer Discretionary 1769.00 1.36% 26.09.2014
3861 JT Equity OJI HOLDINGS CORP Materials 392.00 2.55% 26.09.2014 37.74 35.29 35.25 35.29 0.039 0.004 0.005 0.004 0.003 0.000 0.000 0.000
2801 JT Equity KIKKOMAN CORP Consumer Staples 1975.00 0.91% 27.03.2015
6481 JT Equity THK CO LTD Industrials 2663.00 0.83% 26.09.2014
2875 JT Equity TOYO SUISAN KAISHA LTD Consumer Staples 3410.00 1.47% 26.09.2014
9507 JT Equity SHIKOKU ELECTRIC POWER CO Utilities 1950.00 2.56% 26.09.2013
5334 JT Equity NGK SPARK PLUG CO LTD Consumer Discretionary 1942.00 1.13% 26.09.2014
5332 JT Equity TOTO LTD Industrials 1077.00 1.49% 26.09.2014
9404 JT Equity NIPPON TELEVISION HOLDINGS Consumer Discretionary 1876.00 1.55% 26.09.2014 37.26 35.32 35.26 35.51 0.193 0.002 0.004 0.030 0.011 0.000 0.000 0.000
4613 JT Equity KANSAI PAINT CO LTD Materials 1422.00 0.98% 26.09.2014
5233 JT Equity TAIHEIYO CEMENT CORP Materials 291.00 1.37% 26.09.2014
6448 JT Equity BROTHER INDUSTRIES LTD Information Technology 1295.00 1.85% 26.09.2014
9843 JT Equity NITORI HOLDINGS CO LTD Consumer Discretionary 8560.00 1.17% 18.08.2014
1812 JT Equity KAJIMA CORP Industrials 339.00 1.47% 26.09.2014 48.68 41.36 41.29 41.32 0.020 -0.001 0.003 0.007 -0.023 0.000 0.000 0.000
4307 JT Equity NOMURA RESEARCH INSTITUTE LT Information Technology 2986.00 1.74% 26.09.2014 37.14 35.36 33.96 32.76 -0.099 -0.101 -0.081 -0.053 -0.003 -0.001 -0.001 -0.001
4536 JT Equity SANTEN PHARMACEUTICAL CO LTD Health Care 4640.00 2.16% 26.09.2014
7936 JT Equity ASICS CORP Consumer Discretionary 1777.00 0.79% 27.03.2015
6923 JT Equity STANLEY ELECTRIC CO LTD Consumer Discretionary 2109.00 1.42% 26.09.2014
8804 JT Equity TOKYO TATEMONO CO LTD Financials 858.00 0.47% 26.12.2014
8377 JT Equity HOKUHOKU FINANCIAL GROUP INC Financials 239.00 1.57% 27.03.2015
2269 JT Equity MEIJI HOLDINGS CO LTD Consumer Staples 4825.00 1.66% 26.09.2014
5012 JT Equity TONENGENERAL SEKIYU KK Energy 1012.00 3.75% 26.06.2014 24.33 24.04 24.00 23.90 -0.088 0.007 0.006 0.006 0.006 0.000 0.000 0.000
9533 JT Equity TOHO GAS CO LTD Utilities 625.00 1.44% 26.09.2014
4151 JT Equity KYOWA HAKKO KIRIN CO LTD Health Care 1252.00 2.00% 26.06.2014
7532 JT Equity DON QUIJOTE CO LTD Consumer Discretionary 5340.00 0.58% 26.12.2013
6506 JT Equity YASKAWA ELECTRIC CORP Information Technology 1402.00 0.86% 17.09.2014
9602 JT Equity TOHO CO LTD Consumer Discretionary 2181.00 0.46% 27.08.2014
8729 JT Equity SONY FINANCIAL HOLDINGS INC Financials 1620.00 1.54% 27.03.2014
4732 JT Equity USS CO LTD Consumer Discretionary 13100.00 2.44% 26.09.2014
6965 JT Equity HAMAMATSU PHOTONICS KK Information Technology 3915.00 1.10% 27.03.2014
5110 JT Equity SUMITOMO RUBBER INDUSTRIES Consumer Discretionary 1860.00 1.61% 26.06.2014
8379 JT Equity HIROSHIMA BANK LTD/THE Financials 518.00 1.16% 26.09.2014
9505 JT Equity HOKURIKU ELECTRIC POWER CO Utilities 1537.00 3.25% 26.09.2013
9009 JT Equity KEISEI ELECTRIC RAILWAY CO Industrials 1004.00 0.60% 26.09.2014
7459 JT Equity MEDIPAL HOLDINGS CORP Health Care 1518.00 1.45% 26.09.2014
5101 JT Equity YOKOHAMA RUBBER CO LTD Consumer Discretionary 1269.00 1.73% 26.06.2014
2784 JT Equity ALFRESA HOLDINGS CORP Health Care 5790.00 1.69% 26.09.2014
8252 JT Equity MARUI GROUP CO LTD Consumer Discretionary 1149.00 1.57% 26.09.2014 37.24 40.31 40.23 40.20 0.219 0.003 0.004 0.004 0.023 0.000 0.000 0.000
8227 JT Equity SHIMAMURA CO LTD Consumer Discretionary 12750.00 1.18% 18.08.2014
8233 JT Equity TAKASHIMAYA CO LTD Consumer Discretionary 1092.00 0.92% 27.08.2014
6305 JT Equity HITACHI CONSTRUCTION MACHINE Industrials 2645.00 1.89% 26.09.2014 43.78 49.40 54.34 59.11 0.371 0.278 0.106 -0.070 0.006 -0.001 -0.002 -0.002
8028 JT Equity FAMILYMART CO LTD Consumer Staples 4640.00 2.20% 27.08.2014 25.34 25.07 24.87 24.88 -0.015 0.003 0.003 0.003 0.001 0.000 0.000 0.000
9987 JT Equity SUZUKEN CO LTD Health Care 3700.00 1.35% 26.09.2014
8334 JT Equity GUNMA BANK LTD/THE Financials 634.00 1.50% 26.09.2014
5947 JT Equity RINNAI CORP Consumer Discretionary 8280.00 0.77% 26.09.2014
2282 JT Equity NIPPON MEAT PACKERS INC Consumer Staples 1618.00 1.61% 27.03.2015
6417 JT Equity SANKYO CO LTD Consumer Discretionary 4525.00 3.31% 26.09.2014
1803 JT Equity SHIMIZU CORP Industrials 400.00 1.75% 26.09.2014 31.39 31.15 31.10 31.03 -0.023 -0.001 0.003 0.008 0.001 0.000 0.000 0.000
2002 JT Equity NISSHIN SEIFUN GROUP INC Consumer Staples 1347.00 1.48% 26.09.2014 23.22 23.60 24.05 24.55 -0.122 -0.043 -0.020 0.005 0.005 0.003 0.001 0.000
4088 JT Equity AIR WATER INC Materials 1579.00 1.52% 26.09.2014
4506 JT Equity DAINIPPON SUMITOMO PHARMA CO Health Care 1837.00 0.98% 26.09.2014
8905 JT Equity AEON MALL CO LTD Financials 3020.00 0.73% 27.08.2014
4544 JT Equity MIRACA HOLDINGS INC Health Care 4955.00 1.74% 26.09.2014
4182 JT Equity MITSUBISHI GAS CHEMICAL CO Materials 805.00 1.49% 26.09.2014
8136 JT Equity SANRIO CO LTD Consumer Discretionary 5320.00 1.13% 26.09.2014
4704 JT Equity TREND MICRO INC Information Technology 3370.00 2.23% 26.12.2013 65.46 55.18 45.95 36.28 0.840 0.522 0.248 -0.020 -0.023 -0.014 -0.007 0.001
6370 JT Equity KURITA WATER INDUSTRIES LTD Industrials 2248.00 1.96% 26.09.2014
6113 JT Equity AMADA CO LTD Industrials 807.00 1.73% 26.09.2014
8382 JT Equity CHUGOKU BANK LTD/THE Financials 1752.00 0.80% 26.09.2014
3003 JT Equity HULIC CO LTD Financials 1004.00 0.50% 26.06.2014
6268 JT Equity NABTESCO CORP Industrials 2460.00 1.54% 26.09.2014
9509 JT Equity HOKKAIDO ELECTRIC POWER CO Utilities 1347.00 27.03.2014
6473 JT Equity JTEKT CORP Industrials 1179.00 1.36% 26.09.2014
8359 JT Equity HACHIJUNI BANK LTD/THE Financials 687.00 1.16% 26.09.2014
9301 JT Equity MITSUBISHI LOGISTICS CORP Industrials 1751.00 0.69% 26.09.2014 31.54 31.27 31.20 31.13 -0.007 0.003 0.003 0.005 0.000 0.000 0.000 0.000
4508 JT Equity MITSUBISHI TANABE PHARMA Health Care 1419.00 2.82% 26.09.2014
8410 JT Equity SEVEN BANK LTD Financials 371.00 1.89% 26.09.2014
9783 JT Equity BENESSE HOLDINGS INC Consumer Discretionary 3860.00 2.46% 26.09.2014
8593 JT Equity MITSUBISHI UFJ LEASE & FINAN Financials 487.00 1.38% 26.09.2014
6302 JT Equity SUMITOMO HEAVY INDUSTRIES Industrials 424.00 1.42% 26.09.2014 53.21 38.34 37.21 36.28 -0.108 -0.045 -0.044 -0.036 -0.018 -0.003 -0.001 0.001
3231 JT Equity NOMURA REAL ESTATE HOLDINGS Financials 2538.00 1.18% 26.09.2014
2433 JT Equity HAKUHODO DY HOLDINGS INC Consumer Discretionary 8180.00 1.10% 26.09.2014
5901 JT Equity TOYO SEIKAN GROUP HOLDINGS L Materials 1577.00 0.89% 26.09.2014 39.37 39.14 39.52 39.92 -0.040 -0.038 -0.004 0.031 0.002 0.002 0.001 0.000
Option Implied Volatility Skew Parameters by Terms:
IVt = atx + btx2
+ ct
At The Money Implied Volatilities by Terms
TOPIX1000Index-TPX1000
Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

3. 15.05.2013
Ticker Name GICS_SECTOR_NAME ATM2 Ref
Dividend
Yield
Next Ex-
Dividend
Date
ATM2
Vol - 30D
ATM2
Vol - 60D
ATM2
Vol - 90D
ATM2
Vol - 6M
ATM2
Vol - 12M
ATM2
Vol - 18M
ATM2
Vol - 24M
Skew
(a) -
30D
Skew
(a) -
60D
Skew
(a) -
90D
Skew
(a) -
6M
Skew
(a) -
12M
Skew
(a) -
18M
Skew
(a) -
24M
Skew
(b) -
30D
Skew
(b) -
60D
Skew
(b) -
90D
Skew
(b) -
6M
Skew
(b) -
12M
Skew
(b) -
18M
Skew
(b) -
24M
6361 JT Equity EBARA CORP Industrials 543.00 0.92% 26.09.2014
6504 JT Equity FUJI ELECTRIC CO LTD Industrials 387.00 1.29% 26.09.2013
8304 JT Equity AOZORA BANK LTD Financials 325.00 4.31% 27.03.2014
6857 JT Equity ADVANTEST CORP Information Technology 1699.00 1.18% 26.09.2014 53.42 47.63 47.52 47.35 0.285 -0.052 -0.023 -0.012 -0.010 0.002 0.001 0.000
2432 JT Equity DENA CO LTD Information Technology 2211.00 2.26% 27.03.2014 50.68 50.27 50.13 49.91 0.002 0.003 0.004 0.005 0.000 0.000 0.000 0.000
9766 JT Equity KONAMI CORP Information Technology 2554.00 1.33% 26.09.2014 58.66 32.30 32.24 32.22 0.710 0.004 0.004 0.005 -0.020 0.000 0.000 0.000
8385 JT Equity IYO BANK LTD/THE Financials 1073.00 0.93% 26.09.2014
4612 JT Equity NIPPON PAINT CO LTD Materials 1239.00 1.13% 26.09.2014
8327 JT Equity NISHI-NIPPON CITY BANK LTD Financials 321.00 1.56% 26.09.2014
6841 JT Equity YOKOGAWA ELECTRIC CORP Information Technology 1109.00 1.08% 26.09.2014
4202 JT Equity DAICEL CORP Materials 889.00 1.35% 26.09.2014
4062 JT Equity IBIDEN CO LTD Information Technology 1816.00 1.65% 26.09.2013 46.94 45.35 45.25 45.25 0.386 0.003 0.004 0.004 -0.014 0.000 0.000 0.000
9962 JT Equity MISUMI GROUP INC Industrials 2999.00 0.95% 26.09.2014
4183 JT Equity MITSUI CHEMICALS INC Materials 244.00 2.46% 26.09.2014 43.80 43.40 43.28 43.26 -0.011 0.008 0.005 0.003 0.000 0.000 0.000 0.000
5214 JT Equity NIPPON ELECTRIC GLASS CO LTD Information Technology 583.00 2.74% 26.09.2014 56.88 49.32 49.20 49.80 0.011 -0.065 -0.049 -0.045 -0.014 -0.002 -0.002 -0.001
8418 JT Equity YAMAGUCHI FINANCIAL GROUP IN Financials 1092.00 1.10% 26.09.2014
4091 JT Equity TAIYO NIPPON SANSO CORP Materials 777.00 1.54% 26.09.2014
2768 JT Equity SOJITZ CORP Industrials 171.00 2.34% 26.09.2014 37.97 39.71 38.93 37.65 0.517 0.462 0.411 0.324 0.005 -0.011 -0.009 -0.006
7276 JT Equity KOITO MANUFACTURING CO LTD Consumer Discretionary 2109.00 0.95% 26.09.2013
9048 JT Equity NAGOYA RAILROAD CO LTD Industrials 301.00 1.33% 27.03.2015
5471 JT Equity DAIDO STEEL CO LTD Materials 638.00 0.78% 26.09.2014
4042 JT Equity TOSOH CORP Materials 368.00 1.63% 26.09.2014
4004 JT Equity SHOWA DENKO K K Materials 158.00 1.90% 26.12.2014
4208 JT Equity UBE INDUSTRIES LTD Materials 205.00 2.44% 27.03.2015
1911 JT Equity SUMITOMO FORESTRY CO LTD Consumer Discretionary 1332.00 1.43% 26.09.2014
6727 JT Equity WACOM CO LTD Information Technology 559000.00 1.25% 27.03.2015
8616 JT Equity TOKAI TOKYO FINANCIAL HOLDIN Financials 904.00 2.65% 26.09.2013
4205 JT Equity ZEON CORP Materials 1134.00 1.15% 26.09.2014
8570 JT Equity AEON FINANCIAL SERVICE CO LT Financials 2842.00 1.58% 26.09.2013
7701 JT Equity SHIMADZU CORP Information Technology 852.00 1.06% 26.09.2014
2229 JT Equity CALBEE INC Consumer Staples 9920.00 0.73% 27.03.2015
5631 JT Equity JAPAN STEEL WORKS LTD Industrials 627.00 0.80% 26.09.2014 94.69 47.39 38.81 30.57 1.330 0.640 0.444 0.253 -0.057 -0.002 -0.003 -0.004
5019 JT Equity IDEMITSU KOSAN CO LTD Energy 8140.00 2.46% 26.09.2014
2531 JT Equity TAKARA HOLDINGS INC Consumer Staples 1150.00 0.78% 27.03.2015 117.91 89.20 66.63 44.57 1.283 0.784 1.153 1.532 -0.074 -0.017 -0.014 -0.012
2212 JT Equity YAMAZAKI BAKING CO LTD Consumer Staples 1231.00 1.30% 26.12.2014
4666 JT Equity PARK24 CO LTD Industrials 1948.00 1.80% 29.10.2014
3659 JT Equity NEXON CO LTD Information Technology 1230.00 0.81% 26.06.2014
9364 JT Equity KAMIGUMI CO LTD Industrials 893.00 1.12% 26.09.2014
3401 JT Equity TEIJIN LTD Materials 248.00 1.61% 26.09.2014
5991 JT Equity NHK SPRING CO LTD Consumer Discretionary 1297.00 1.16% 26.09.2013
9107 JT Equity KAWASAKI KISEN KAISHA LTD Industrials 224.00 1.56% 27.03.2015 44.86 54.26 58.00 62.12 -0.097 -0.120 -0.119 -0.105 0.027 0.014 0.008 0.002
4272 JT Equity NIPPON KAYAKU CO LTD Materials 1330.00 1.50% 26.09.2014
4021 JT Equity NISSAN CHEMICAL INDUSTRIES Materials 1366.00 1.90% 26.09.2014
8609 JT Equity OKASAN SECURITIES GROUP INC Financials 1164.00 1.29% 27.03.2014
1808 JT Equity HASEKO CORP Consumer Discretionary 137.00 105.69 69.66 57.61 45.38 0.086 0.482 0.419 0.358 -0.075 -0.024 -0.013 -0.001
5463 JT Equity MARUICHI STEEL TUBE LTD Materials 2722.00 2.28% 26.09.2014
9045 JT Equity KEIHAN ELECTRIC RAILWAY CO Industrials 423.00 1.18% 26.09.2014
5714 JT Equity DOWA HOLDINGS CO LTD Materials 807.00 1.49% 27.03.2015
6724 JT Equity SEIKO EPSON CORP Information Technology 1359.00 1.91% 26.09.2014
6952 JT Equity CASIO COMPUTER CO LTD Consumer Discretionary 971.00 2.06% 26.09.2014 36.31 34.31 34.46 34.49 -0.108 -0.054 -0.055 -0.060 -0.001 0.000 0.000 0.000
8515 JT Equity AIFUL CORP Financials 1123.00
8933 JT Equity NTT URBAN DEVELOPMENT CORP Financials 149500.00 1.07% 26.09.2014
6976 JT Equity TAIYO YUDEN CO LTD Information Technology 1869.00 0.54% 26.09.2014 57.33 55.48 56.66 57.79 -0.063 -0.041 -0.011 0.003 0.003 0.002 0.001 0.000
4631 JT Equity DIC CORP Materials 244.00 2.46% 26.06.2014 39.81 39.30 39.26 39.33 -0.027 0.004 0.002 0.001 0.002 0.000 0.000 0.000
4684 JT Equity OBIC CO LTD Information Technology 26390.00 1.89% 26.09.2014
4540 JT Equity TSUMURA & CO Health Care 3140.00 2.04% 26.09.2014
4716 JT Equity ORACLE CORP JAPAN Information Technology 4540.00 1.92% 28.05.2014 30.57 30.29 30.22 30.13 0.007 0.006 0.006 0.009 0.000 0.000 0.000 0.000
4768 JT Equity OTSUKA CORP Information Technology 10100.00 2.03% 26.12.2014
2809 JT Equity KEWPIE CORP Consumer Staples 1564.00 1.41% 28.05.2014
7453 JT Equity RYOHIN KEIKAKU CO LTD Consumer Discretionary 8490.00 1.83% 27.08.2014
6674 JT Equity GS YUASA CORP Industrials 461.00 1.74% 27.03.2015 34.57 34.27 34.19 34.08 0.006 -0.002 0.001 0.006 0.000 0.000 0.000 0.000
3391 JT Equity TSURUHA HOLDINGS INC Consumer Staples 9090.00 1.21% 13.11.2013
4967 JT Equity KOBAYASHI PHARMACEUTICAL CO Consumer Staples 5540.00 1.48% 26.09.2014
4118 JT Equity KANEKA CORP Materials 670.00 2.39% 26.09.2014
7951 JT Equity YAMAHA CORP Consumer Discretionary 1188.00 1.26% 26.09.2014
8341 JT Equity 77 BANK LTD/THE Financials 562.00 1.25% 26.09.2014
4555 JT Equity SAWAI PHARMACEUTICAL CO LTD Health Care 12610.00 1.43% 26.09.2014
8572 JT Equity ACOM CO LTD Financials 4330.00
8219 JT Equity AOYAMA TRADING CO LTD Consumer Discretionary 3115.00 2.25% 26.09.2014
4061 JT Equity DENKI KAGAKU KOGYO K K Materials 398.00 2.51% 26.09.2014
5486 JT Equity HITACHI METALS LTD Materials 1122.00 1.25% 26.09.2014
6366 JT Equity CHIYODA CORP Industrials 1029.00 1.85% 27.03.2015
7240 JT Equity NOK CORP Consumer Discretionary 1716.00 1.17% 26.09.2014
9989 JT Equity SUNDRUG CO LTD Consumer Staples 4420.00 1.18% 26.09.2014
6849 JT Equity NIHON KOHDEN CORP Health Care 4165.00 1.44% 26.09.2014
6457 JT Equity GLORY LTD Industrials 2769.00 1.59% 26.09.2014
5801 JT Equity FURUKAWA ELECTRIC CO LTD Industrials 250.00 1.20% 27.03.2015 42.91 47.31 47.29 47.12 -0.210 0.001 0.004 0.006 -0.007 0.000 0.000 0.000
9044 JT Equity NANKAI ELECTRIC RAILWAY CO Industrials 394.00 1.27% 27.03.2015
4114 JT Equity NIPPON SHOKUBAI CO LTD Materials 1071.00 1.49% 26.09.2014
3863 JT Equity NIPPON PAPER INDUSTRIES CO L Materials 1601.00 2.50% 40.66 40.27 40.16 40.05 0.003 0.003 0.004 0.007 0.000 0.000 0.000 0.000
6146 JT Equity DISCO CORP Information Technology 6880.00 1.02% 26.09.2014
8282 JT Equity K'S HOLDINGS CORP Consumer Discretionary 3230.00 1.86% 26.09.2014
6925 JT Equity USHIO INC Industrials 1308.00 1.68% 27.03.2015
2501 JT Equity SAPPORO HOLDINGS LTD Consumer Staples 432.00 1.62% 26.12.2014
3436 JT Equity SUMCO CORP Information Technology 1237.00 0.16% 29.01.2014 43.67 51.84 50.92 50.19 0.275 0.168 0.163 0.158 0.007 -0.002 -0.002 -0.002
6465 JT Equity HOSHIZAKI ELECTRIC CO LTD Industrials 3590.00 0.84% 26.12.2014
7762 JT Equity CITIZEN HOLDINGS CO LTD Information Technology 689.00 1.45% 26.09.2014
7282 JT Equity TOYODA GOSEI CO LTD Consumer Discretionary 2747.00 1.89% 26.09.2014
6754 JT Equity ANRITSU CORP Information Technology 1446.00 1.38% 26.09.2014
6592 JT Equity MABUCHI MOTOR CO LTD Industrials 5480.00 1.09% 26.06.2014 25.45 25.29 25.23 25.14 -0.002 0.002 0.003 0.004 0.000 0.000 0.000 0.000
8036 JT Equity HITACHI HIGH-TECHNOLOGIES CO Information Technology 2583.00 0.77% 26.09.2014
5002 JT Equity SHOWA SHELL SEKIYU KK Energy 823.00 2.19% 26.06.2014
8012 JT Equity NAGASE & CO LTD Industrials 1373.00 2.04% 26.09.2014
6856 JT Equity HORIBA LTD Information Technology 3870.00 1.16% 26.06.2014
4912 JT Equity LION CORP Consumer Staples 633.00 1.58% 26.06.2014
2371 JT Equity KAKAKU.COM INC Information Technology 2682.00 0.75% 27.03.2014
5444 JT Equity YAMATO KOGYO CO LTD Materials 3515.00 0.85% 26.09.2014
3101 JT Equity TOYOBO CO LTD Materials 172.00 2.03% 27.03.2015
1721 JT Equity COMSYS HOLDINGS CORP Industrials 1394.00 1.43% 26.09.2014
4217 JT Equity HITACHI CHEMICAL CO LTD Materials 1674.00 2.15% 26.09.2014
9401 JT Equity TOKYO BROADCASTING SYSTEM Consumer Discretionary 1398.00 1.14% 26.09.2014
6136 JT Equity OSG CORP Industrials 1722.00 1.34% 28.05.2014
2579 JT Equity COCA-COLA WEST CO LTD Consumer Staples 1945.00 2.11% 26.06.2014
8628 JT Equity MATSUI SECURITIES CO LTD Financials 1238.00 1.62% 27.03.2014
8585 JT Equity ORIENT CORP Financials 364.00
6141 JT Equity MORI SEIKI CO LTD Industrials 1310.00 1.53% 26.09.2014
2593 JT Equity ITO EN LTD Consumer Staples 2362.00 1.61% 29.10.2013
2811 JT Equity KAGOME CO LTD Consumer Staples 1788.00 1.23% 27.03.2015
7313 JT Equity TS TECH CO LTD Consumer Discretionary 3400.00 1.18% 26.09.2014
4521 JT Equity KAKEN PHARMACEUTICAL CO LTD Health Care 1735.00 2.77% 26.09.2014
6703 JT Equity OKI ELECTRIC INDUSTRY CO LTD Information Technology 196.00 84.78 84.05 73.89 63.99 0.315 0.303 0.240 0.182 -0.045 -0.045 -0.026 -0.006
4569 JT Equity KYORIN HOLDINGS INC Health Care 2537.00 2.05% 26.09.2014
7003 JT Equity MITSUI ENGINEER & SHIPBUILD Industrials 183.00 1.09% 27.03.2015
6472 JT Equity NTN CORP Industrials 328.00 0.61% 26.09.2013
2810 JT Equity HOUSE FOODS CORP Consumer Staples 1782.00 1.68% 26.09.2014
8439 JT Equity CENTURY TOKYO LEASING CORP Financials 2973.00 1.75% 26.09.2014
8415 JT Equity KIYO HOLDINGS INC Financials 175.00 17.14% 27.03.2015
8273 JT Equity IZUMI CO LTD Consumer Discretionary 2806.00 1.43% 27.08.2014
1662 JT Equity JAPAN PETROLEUM EXPLORATION Energy 4270.00 1.17% 26.09.2014
8129 JT Equity TOHO HOLDINGS CO LTD Health Care 2153.00 0.74% 26.09.2014
2331 JT Equity SOHGO SECURITY SERVICES CO Industrials 1772.00 1.41% 26.09.2014
3591 JT Equity WACOAL HOLDINGS CORP Consumer Discretionary 1074.00 2.61% 27.03.2015
5706 JT Equity MITSUI MINING & SMELTING CO Materials 250.00 1.20% 27.03.2015 35.61 35.34 35.23 34.97 0.005 0.005 0.005 0.005 0.000 0.000 0.000 0.000
2871 JT Equity NICHIREI CORP Consumer Staples 556.00 1.80% 26.09.2014
Option Implied Volatility Skew Parameters by Terms:
IVt = atx + btx
2
+ ct
At The Money Implied Volatilities by Terms
TOPIX1000Index-TPX1000
Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

4. 15.05.2013
Ticker Name GICS_SECTOR_NAME ATM2 Ref
Dividend
Yield
Next Ex-
Dividend
Date
ATM2
Vol - 30D
ATM2
Vol - 60D
ATM2
Vol - 90D
ATM2
Vol - 6M
ATM2
Vol - 12M
ATM2
Vol - 18M
ATM2
Vol - 24M
Skew
(a) -
30D
Skew
(a) -
60D
Skew
(a) -
90D
Skew
(a) -
6M
Skew
(a) -
12M
Skew
(a) -
18M
Skew
(a) -
24M
Skew
(b) -
30D
Skew
(b) -
60D
Skew
(b) -
90D
Skew
(b) -
6M
Skew
(b) -
12M
Skew
(b) -
18M
Skew
(b) -
24M
8086 JT Equity NIPRO CORP Health Care 1247.00 2.04% 26.09.2014
9076 JT Equity SEINO HOLDINGS CO LTD Industrials 843.00 1.30% 27.03.2015
8016 JT Equity ONWARD HOLDINGS CO LTD Consumer Discretionary 929.00 2.58% 25.02.2015
8270 JT Equity UNY GROUP HOLDINGS CO LTD Consumer Staples 686.00 3.50% 18.08.2014
6845 JT Equity AZBIL CORP Information Technology 2311.00 2.73% 26.09.2014
9601 JT Equity SHOCHIKU CO LTD Consumer Discretionary 987.00 0.30% 25.02.2015
8242 JT Equity H2O RETAILING CORP Consumer Discretionary 988.00 1.27% 26.09.2014
5007 JT Equity COSMO OIL COMPANY LTD Energy 219.00 3.65% 27.03.2014
7004 JT Equity HITACHI ZOSEN CORP Industrials 160.00 1.25% 27.03.2015
5803 JT Equity FUJIKURA LTD Industrials 376.00 1.60% 26.09.2014 41.72 41.30 41.17 41.13 0.004 0.003 0.005 0.006 0.000 0.000 0.000 0.000
6395 JT Equity TADANO LTD Industrials 1296.00 1.23% 26.09.2014
4527 JT Equity ROHTO PHARMACEUTICAL CO LTD Health Care 1421.00 1.27% 26.09.2014
8184 JT Equity SHIMACHU CO LTD Consumer Discretionary 2761.00 1.99% 26.02.2014
8336 JT Equity MUSASHINO BANK LTD/THE Financials 3915.00 1.79% 26.09.2014
7956 JT Equity PIGEON CORP Consumer Staples 8140.00 1.50% 29.07.2014
4206 JT Equity AICA KOGYO CO LTD Industrials 2091.00 1.82% 26.09.2014
8366 JT Equity SHIGA BANK LTD/THE Financials 659.00 0.91% 26.09.2014
7649 JT Equity SUGI HOLDINGS CO LTD Consumer Staples 3855.00 0.83% 27.08.2014
4321 JT Equity KENEDIX INC Financials 60700.00
5929 JT Equity SANWA HOLDINGS CORP Industrials 627.00 1.91% 26.09.2014
9003 JT Equity SOTETSU HOLDINGS INC Industrials 376.00 1.33% 26.09.2014
8595 JT Equity JAFCO CO LTD Financials 4455.00 0.56% 27.03.2014
9832 JT Equity AUTOBACS SEVEN CO LTD Consumer Discretionary 1634.00 3.30% 26.09.2014
5202 JT Equity NIPPON SHEET GLASS CO LTD Industrials 125.00 1.60% 26.09.2013 50.80 56.49 56.39 56.22 0.517 0.001 -0.001 0.002 0.025 0.000 0.000 0.000
6103 JT Equity OKUMA CORP Industrials 870.00 1.15% 26.09.2014
7860 JT Equity AVEX GROUP HOLDINGS INC Consumer Discretionary 3145.00 1.59% 26.09.2014
2413 JT Equity M3 INC Health Care 236200.00 0.47% 27.03.2014
7735 JT Equity DAINIPPON SCREEN MFG CO LTD Information Technology 567.00 0.53% 27.03.2015
3349 JT Equity COSMOS PHARMACEUTICAL CORP Consumer Staples 11620.00 0.52% 27.11.2013
3116 JT Equity TOYOTA BOSHOKU CORP Consumer Discretionary 1638.00 1.10% 26.09.2014
5232 JT Equity SUMITOMO OSAKA CEMENT CO LTD Materials 307.00 1.63% 26.09.2014
8394 JT Equity HIGO BANK LTD/THE Financials 702.00 1.28% 26.09.2014
3360 JT Equity SHIP HEALTHCARE HOLDINGS INC Health Care 4025.00 0.87% 27.03.2015
4681 JT Equity RESORTTRUST INC Consumer Discretionary 3200.00 1.88% 26.09.2014
8356 JT Equity JUROKU BANK LTD/THE Financials 456.00 1.54% 26.09.2014
4665 JT Equity DUSKIN CO LTD Industrials 1990.00 2.01% 26.09.2014
4045 JT Equity TOAGOSEI CO LTD Materials 446.00 2.24% 26.06.2014
7988 JT Equity NIFCO INC Consumer Discretionary 2333.00 2.01% 26.09.2014
9719 JT Equity SCSK CORP Information Technology 2322.00 1.72% 26.09.2014
1944 JT Equity KINDEN CORP Industrials 730.00 1.64% 26.09.2014 35.07 26.10 26.09 26.32 -0.175 -0.015 0.006 0.025 -0.006 -0.004 -0.004 -0.004
9435 JT Equity HIKARI TSUSHIN INC Consumer Discretionary 5440.00 1.69% 26.06.2013
6770 JT Equity ALPS ELECTRIC CO LTD Information Technology 729.00 0.69% 27.03.2014 55.68 50.45 50.34 50.15 0.176 0.003 0.004 0.007 -0.016 0.000 0.000 0.000
9409 JT Equity TV ASAHI CORP Consumer Discretionary 2132.00 0.94% 26.09.2014
4534 JT Equity MOCHIDA PHARMACEUTICAL CO Health Care 1373.00 1.97% 26.09.2014
9031 JT Equity NISHI-NIPPON RAILROAD CO LTD Industrials 403.00 1.49% 26.09.2014
8840 JT Equity DAIKYO INC Financials 341.00 0.88% 27.03.2015
8544 JT Equity KEIYO BANK LTD/THE Financials 638.00 1.57% 26.09.2014
8324 JT Equity DAISHI BANK LTD/THE Financials 411.00 1.70% 26.09.2014
9681 JT Equity TOKYO DOME CORP Consumer Discretionary 668.00 0.75% 28.01.2015
8388 JT Equity AWA BANK LTD/THE Financials 640.00 1.09% 26.09.2014
6376 JT Equity NIKKISO CO LTD Health Care 1460.00 1.10% 26.09.2014
3632 JT Equity GREE INC Information Technology 997.00 3.21% 26.06.2013 50.94 52.65 52.25 51.58 0.002 -0.019 0.042 0.089 0.000 -0.001 -0.002 -0.002
3105 JT Equity NISSHINBO HOLDINGS INC Industrials 761.00 1.97% 26.09.2014
8390 JT Equity KAGOSHIMA BANK LTD/THE Financials 739.00 1.22% 26.09.2014
3626 JT Equity IT HOLDINGS CORP Information Technology 1543.00 1.62% 26.09.2014
4739 JT Equity ITOCHU TECHNO-SOLUTIONS CORP Information Technology 4330.00 2.54% 26.09.2014 29.55 29.30 29.25 29.24 0.001 0.003 0.003 0.005 0.000 0.000 0.000 0.000
5105 JT Equity TOYO TIRE & RUBBER CO LTD Consumer Discretionary 580.00 1.55% 26.12.2014
9706 JT Equity JAPAN AIRPORT TERMINAL CO Industrials 1476.00 0.68% 26.09.2014
2131 JT Equity ACCORDIA GOLF CO LTD Consumer Discretionary 109600.00 5.11% 27.03.2015
6479 JT Equity MINEBEA CO LTD Industrials 367.00 1.91% 26.09.2014 35.97 35.61 35.54 35.52 -0.016 0.005 0.005 0.003 0.001 0.000 0.000 0.000
8524 JT Equity NORTH PACIFIC BANK LTD Financials 336.00 1.49% 27.03.2015
4922 JT Equity KOSE CORP Consumer Staples 2650.00 1.58% 26.09.2014
6995 JT Equity TOKAI RIKA CO LTD Consumer Discretionary 2126.00 1.60% 26.09.2014
8425 JT Equity IBJ LEASING CO LTD Financials 3335.00 1.56% 26.09.2014
4095 JT Equity NIHON PARKERIZING CO LTD Materials 1989.00 1.26% 26.09.2014
8060 JT Equity CANON MARKETING JAPAN INC Consumer Discretionary 1493.00 1.61% 26.06.2014
8698 JT Equity MONEX GROUP INC Financials 43900.00 0.55% 26.09.2013
1951 JT Equity KYOWA EXEO CORP Industrials 1209.00 1.99% 26.09.2014
2670 JT Equity ABC-MART INC Consumer Discretionary 4150.00 1.20% 27.08.2014
6474 JT Equity NACHI-FUJIKOSHI CORP Industrials 522.00 1.15% 26.11.2014
8848 JT Equity LEOPALACE21 CORP Financials 512.00
8361 JT Equity OGAKI KYORITSU BANK LTD/THE Financials 367.00 1.91% 26.09.2014
8130 JT Equity SANGETSU CO LTD Consumer Discretionary 2755.00 2.72% 26.09.2014
4186 JT Equity TOKYO OHKA KOGYO CO LTD Materials 2370.00 2.03% 26.09.2014
8363 JT Equity HOKKOKU BANK LTD/THE Financials 430.00 1.40% 26.09.2014
8381 JT Equity SAN-IN GODO BANK LTD/THE Financials 832.00 1.20% 26.09.2014
3941 JT Equity RENGO CO LTD Materials 565.00 2.12% 26.09.2014
7550 JT Equity ZENSHO HOLDINGS CO LTD Consumer Discretionary 1264.00 1.27% 26.09.2014
8218 JT Equity KOMERI CO LTD Consumer Discretionary 3125.00 1.15% 26.09.2014
9072 JT Equity NIPPON KONPO UNYU SOKO CO Industrials 1550.00 2.58% 26.09.2014
9684 JT Equity SQUARE ENIX HOLDINGS CO LTD Information Technology 1307.00 2.30% 26.09.2014
3092 JT Equity START TODAY CO LTD Consumer Discretionary 1705.00 1.17% 26.09.2014
9065 JT Equity SANKYU INC Industrials 381.00 2.36% 27.03.2015
7242 JT Equity KYB CO LTD Consumer Discretionary 607.00 1.32% 26.09.2014
9747 JT Equity ASATSU-DK INC Consumer Discretionary 2683.00 0.93% 26.06.2014
4927 JT Equity POLA ORBIS HOLDINGS INC Consumer Staples 3695.00 1.49% 26.06.2014
8088 JT Equity IWATANI CORP Industrials 420.00 1.67% 27.03.2015
2206 JT Equity EZAKI GLICO CO LTD Consumer Staples 1132.00 1.33% 26.09.2014
3088 JT Equity MATSUMOTOKIYOSHI HOLDINGS CO Consumer Staples 2747.00 1.46% 26.09.2014
1883 JT Equity MAEDA ROAD CONSTRUCTION CO Industrials 1421.00 1.76% 27.03.2015
8714 JT Equity SENSHU IKEDA HOLDINGS INC Financials 560.00 2.68% 27.03.2015
4401 JT Equity ADEKA CORP Materials 1009.00 2.18% 26.09.2014
8368 JT Equity HYAKUGO BANK LTD/THE Financials 507.00 1.48% 26.09.2014
2607 JT Equity FUJI OIL CO LTD Consumer Staples 1650.00 1.58% 26.09.2014
4403 JT Equity NOF CORP Materials 552.00 1.99% 26.09.2014
4043 JT Equity TOKUYAMA CORPORATION Materials 294.00 2.04% 26.09.2014
8586 JT Equity HITACHI CAPITAL CORP Financials 2302.00 1.82% 26.09.2014
2685 JT Equity POINT INC Consumer Discretionary 4895.00 2.45% 27.08.2014
4634 JT Equity TOYO INK SC HOLDINGS CO LTD Materials 472.00 2.54% 26.09.2014
7606 JT Equity UNITED ARROWS LTD Consumer Discretionary 4195.00 1.45% 26.09.2014
7222 JT Equity NISSAN SHATAI CO LTD Consumer Discretionary 1296.00 0.69% 26.09.2014
7230 JT Equity NISSIN KOGYO CO LTD Consumer Discretionary 2162.00 1.85% 26.09.2014
3774 JT Equity INTERNET INITIATIVE JAPAN Information Technology 3805.00 0.58% 26.09.2014
7729 JT Equity TOKYO SEIMITSU CO LTD Information Technology 2435.00 1.03% 27.03.2014
5949 JT Equity UNIPRES CORP Consumer Discretionary 2477.00 1.01% 26.09.2014
5413 JT Equity NISSHIN STEEL HOLDINGS CO LT Materials 980.00 0.51% 27.03.2014
3050 JT Equity DCM HOLDINGS CO LTD Consumer Discretionary 884.00 2.26% 27.08.2014
8367 JT Equity NANTO BANK LTD/THE Financials 444.00 1.35% 26.09.2014
9956 JT Equity VALOR CO LTD Consumer Staples 2001.00 1.50% 26.09.2014
1334 JT Equity MARUHA NICHIRO HOLDINGS INC Consumer Staples 197.00 1.52% 27.03.2015
9412 JT Equity SKY PERFECT JSAT HOLDINGS Consumer Discretionary 49350.00 2.43% 26.09.2014
8386 JT Equity HYAKUJUSHI BANK LTD/THE Financials 389.00 1.80% 26.09.2014
4547 JT Equity KISSEI PHARMACEUTICAL CO LTD Health Care 2154.00 1.86% 26.09.2014
7966 JT Equity LINTEC CORP Materials 1953.00 2.15% 26.09.2014
7312 JT Equity TAKATA CORP Consumer Discretionary 2295.00 1.31% 27.03.2014
1414 JT Equity SHO-BOND HOLDINGS CO LTD Industrials 4155.00 1.28% 26.12.2013
7984 JT Equity KOKUYO CO LTD Industrials 794.00 1.89% 26.06.2014
6412 JT Equity HEIWA CORP Consumer Discretionary 1900.00 3.16% 26.09.2014
7296 JT Equity FCC CO LTD Consumer Discretionary 2520.00 1.59% 26.09.2014
8522 JT Equity BANK OF NAGOYA LTD/THE Financials 461.00 1.41% 26.09.2014
1833 JT Equity OKUMURA CORP Industrials 414.00 2.17% 27.03.2015
1881 JT Equity NIPPO CORP Industrials 1580.00 0.95% 27.03.2015
4917 JT Equity MANDOM CORP Consumer Staples 3640.00 1.81% 26.09.2014
8803 JT Equity HEIWA REAL ESTATE CO LTD Financials 2188.00 1.01% 26.09.2014
3064 JT Equity MONOTARO CO LTD Industrials 3070.00 0.39% 26.06.2014
9303 JT Equity SUMITOMO WAREHOUSE CO LTD Industrials 609.00 1.81% 26.09.2014
At The Money Implied Volatilities by Terms
Option Implied Volatility Skew Parameters by Terms:
IVt = atx + btx2
+ ct
TOPIX1000Index-TPX1000
Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

5. 15.05.2013
Ticker Name GICS_SECTOR_NAME ATM3 Ref
Dividend
Yield
Next Ex-
Dividend
Date
ATM3
Vol - 30D
ATM3
Vol - 60D
ATM3
Vol - 90D
ATM3
Vol - 6M
ATM3
Vol - 12M
ATM3
Vol - 18M
ATM3
Vol - 24M
Skew
(a) -
30D
Skew
(a) -
60D
Skew
(a) -
90D
Skew
(a) -
6M
Skew
(a) -
12M
Skew
(a) -
18M
Skew
(a) -
24M
Skew
(b) -
30D
Skew
(b) -
60D
Skew
(b) -
90D
Skew
(b) -
6M
Skew
(b) -
12M
Skew
(b) -
18M
Skew
(b) -
24M
9449 JT Equity GMO INTERNET INC Information Technology 1224.00 1.14% 27.03.2014
6383 JT Equity DAIFUKU CO LTD Industrials 878.00 1.71% 26.09.2014
3593 JT Equity HOGY MEDICAL CO LTD Health Care 6090.00 1.77% 26.06.2014
9744 JT Equity MEITEC CORP Industrials 2594.00 2.78% 26.09.2014
1860 JT Equity TODA CORP Industrials 301.00 1.66% 27.03.2015
8078 JT Equity HANWA CO LTD Industrials 391.00 3.07% 26.09.2014
6967 JT Equity SHINKO ELECTRIC INDUSTRIES Information Technology 1139.00 1.76% 26.09.2014
5943 JT Equity NORITZ CORP Industrials 1863.00 1.61% 26.06.2014
9603 JT Equity H I S CO LTD Consumer Discretionary 4430.00 0.77% 29.10.2014
3608 JT Equity TSI HOLDINGS CO LTD Consumer Discretionary 698.00 2.51% 25.02.2015
4541 JT Equity NICHI-IKO PHARMACEUTICAL CO Health Care 2480.00 1.29% 26.09.2014
6005 JT Equity MIURA CO LTD Industrials 2414.00 1.74% 26.09.2014
4516 JT Equity NIPPON SHINYAKU CO LTD Health Care 1712.00 1.34% 26.09.2014
6588 JT Equity TOSHIBA TEC CORP Information Technology 594.00 1.35% 26.09.2014
6310 JT Equity ISEKI & CO LTD Industrials 368.00 0.82% 27.03.2015
1979 JT Equity TAIKISHA LTD Industrials 2290.00 1.97% 26.09.2014
7981 JT Equity TAKARA STANDARD CO LTD Industrials 796.00 1.26% 26.09.2014
5541 JT Equity PACIFIC METALS CO LTD Materials 544.00 1.29% 26.09.2014
6508 JT Equity MEIDENSHA CORP Industrials 366.00 1.37% 27.03.2015
7864 JT Equity FUJI SEAL INTERNATIONAL INC Materials 2980.00 1.24% 26.09.2014
7248 JT Equity CALSONIC KANSEI CORP Consumer Discretionary 532.00 1.41% 26.09.2014
8424 JT Equity FUYO GENERAL LEASE CO LTD Financials 3830.00 1.83% 26.09.2014
8511 JT Equity JAPAN SECURITIES FINANCE CO Financials 950.00 1.47% 26.09.2014
3098 JT Equity COCOKARA FINE INC Consumer Staples 3490.00 1.72% 26.09.2014
7274 JT Equity SHOWA CORP Consumer Discretionary 1520.00 1.84% 26.09.2014
5932 JT Equity SANKYO TATEYAMA INC Industrials 2594.00 0.77% 28.05.2014
4203 JT Equity SUMITOMO BAKELITE CO LTD Materials 435.00 2.30% 26.09.2014
1893 JT Equity PENTA-OCEAN CONSTRUCTION CO Industrials 266.00 0.75% 27.03.2015
7278 JT Equity EXEDY CORP Consumer Discretionary 2606.00 1.92% 26.09.2014
7251 JT Equity KEIHIN CORP Consumer Discretionary 1710.00 1.75% 26.09.2014
9934 JT Equity INABA DENKI SANGYO CO LTD Industrials 3035.00 3.72% 27.03.2015
8276 JT Equity HEIWADO CO LTD Consumer Staples 1762.00 1.42% 18.08.2014
8397 JT Equity BANK OF OKINAWA LTD/THE Financials 4770.00 1.36% 26.09.2014
2127 JT Equity NIHON M&A CENTER INC Industrials 6490.00 0.92% 26.09.2014
1824 JT Equity MAEDA CORP Industrials 501.00 1.40% 27.03.2015
9075 JT Equity FUKUYAMA TRANSPORTING CO LTD Industrials 568.00 1.76% 26.09.2014
6371 JT Equity TSUBAKIMOTO CHAIN CO Industrials 639.00 1.25% 26.09.2014
6436 JT Equity AMANO CORP Information Technology 1125.00 2.31% 26.09.2014
7224 JT Equity SHINMAYWA INDUSTRIES LTD Industrials 842.00 1.19% 26.09.2014
8895 JT Equity ARNEST ONE CORP Consumer Discretionary 2080.00 2.12% 26.09.2014
9672 JT Equity TOKYOTOKEIBA CO LTD Consumer Discretionary 421.00 0.71% 26.06.2014
6222 JT Equity SHIMA SEIKI MFG LTD Industrials 2478.00 1.21% 26.09.2014
9749 JT Equity FUJI SOFT INC Information Technology 2480.00 0.85% 26.09.2014
9948 JT Equity ARCS CO LTD Consumer Staples 1993.00 2.01% 27.08.2014
8624 JT Equity ICHIYOSHI SECURITIES CO LTD Financials 1517.00 1.32% 26.09.2013
5857 JT Equity ASAHI HOLDINGS INC Materials 2123.00 2.83% 26.09.2014
9375 JT Equity KINTETSU WORLD EXPRESS INC Industrials 3710.00 1.08% 26.09.2014
2001 JT Equity NIPPON FLOUR MILLS CO LTD Consumer Staples 483.00 2.48% 26.09.2014
2270 JT Equity MEGMILK SNOW BRAND CO LTD Consumer Staples 1508.00 1.99% 27.03.2015
6135 JT Equity MAKINO MILLING MACHINE CO Industrials 684.00 1.46% 26.09.2014
6996 JT Equity NICHICON CORP Information Technology 1049.00 1.53% 26.09.2014
6349 JT Equity KOMORI CORP Industrials 1294.00 0.77% 26.09.2014
8345 JT Equity BANK OF IWATE LTD/THE Financials 4625.00 1.30% 26.09.2014
8185 JT Equity CHIYODA CO LTD Consumer Discretionary 2823.00 2.13% 27.08.2014
4044 JT Equity CENTRAL GLASS CO LTD Industrials 351.00 2.28% 26.09.2014
9697 JT Equity CAPCOM CO LTD Information Technology 1727.00 2.32% 26.09.2014
8399 JT Equity BANK OF THE RYUKYUS LTD Financials 1590.00 1.89% 26.09.2014
5451 JT Equity YODOGAWA STEEL WORKS LTD Materials 437.00 2.29% 26.09.2014
1417 JT Equity MIRAIT HOLDINGS CORP Industrials 1020.00 1.96% 26.09.2014
8237 JT Equity MATSUYA CO LTD Consumer Discretionary 1623.00
7518 JT Equity NET ONE SYSTEMS CO LTD Information Technology 897.00 3.79% 26.09.2014
7817 JT Equity PARAMOUNT BED HOLDINGS CO LT Health Care 3740.00 1.34% 26.09.2014
8050 JT Equity SEIKO HOLDINGS CORP Consumer Discretionary 504.00 0.99% 27.03.2015
7616 JT Equity COLOWIDE CO LTD Consumer Discretionary 977.00 0.51% 27.03.2015
3865 JT Equity HOKUETSU KISHU PAPER CO LTD Materials 492.00 2.44% 26.09.2014
6773 JT Equity PIONEER CORP Consumer Discretionary 263.00 50.73 50.41 50.28 50.13 0.001 -0.005 0.000 0.006 0.000 0.000 0.000 0.000
8600 JT Equity TOMONY HOLDINGS INC Financials 419.00 1.91% 26.09.2014
8584 JT Equity JACCS CO LTD Financials 578.00 2.08% 26.09.2014
7947 JT Equity FP CORP Materials 6090.00 2.12% 26.09.2014
1924 JT Equity PANAHOME CORP Consumer Discretionary 745.00 2.01% 26.09.2014
8806 JT Equity DAIBIRU CORP Financials 1224.00 0.98% 26.09.2014
8281 JT Equity XEBIO CO LTD Consumer Discretionary 2320.00 1.51% 26.09.2014
9678 JT Equity KANAMOTO CO LTD Industrials 2529.00 0.79% 25.04.2014
6961 JT Equity ENPLAS CORP Information Technology 7040.00 0.57% 26.09.2014
4626 JT Equity TAIYO HOLDINGS CO LTD Materials 3615.00 2.49% 26.09.2014
9869 JT Equity KATO SANGYO CO LTD Consumer Staples 2168.00 2.17% 27.03.2014
9861 JT Equity YOSHINOYA HOLDINGS CO LTD Consumer Discretionary 115200.00 1.74% 27.08.2014
7915 JT Equity NISSHA PRINTING CO LTD Industrials 1990.00 27.03.2014
4921 JT Equity FANCL CORP Consumer Staples 1161.00 2.93% 26.09.2014
7451 JT Equity MITSUBISHI SHOKUHIN CO LTD Consumer Staples 2813.00 1.49% 26.09.2014
1820 JT Equity NISHIMATSU CONSTRUCTION CO Industrials 219.00 1.83% 27.03.2015
8344 JT Equity YAMAGATA BANK LTD/THE Financials 494.00 1.21% 26.09.2014
6104 JT Equity TOSHIBA MACHINE CO LTD Industrials 572.00 1.22% 26.09.2014
2284 JT Equity ITOHAM FOODS INC Consumer Staples 482.00 1.45% 27.03.2015
4041 JT Equity NIPPON SODA CO LTD Materials 475.00 1.26% 27.03.2015
7732 JT Equity TOPCON CORP Information Technology 1279.00 0.78% 26.09.2014
8360 JT Equity YAMANASHI CHUO BANK LTD/THE Financials 501.00 1.20% 26.09.2014
9086 JT Equity HITACHI TRANSPORT SYSTEM LTD Industrials 1692.00 1.54% 26.09.2014
5301 JT Equity TOKAI CARBON CO LTD Materials 323.00 1.86% 26.06.2014
9793 JT Equity DAISEKI CO LTD Industrials 1898.00 1.05% 27.08.2014
7220 JT Equity MUSASHI SEIMITSU INDUSTRY CO Consumer Discretionary 2737.00 1.61% 26.09.2014
6406 JT Equity FUJITEC CO LTD Industrials 995.00 1.41% 26.09.2014
6330 JT Equity TOYO ENGINEERING CORP Industrials 480.00 1.25% 27.03.2015
5393 JT Equity NICHIAS CORP Industrials 616.00 2.27% 26.09.2014
5481 JT Equity SANYO SPECIAL STEEL CO LTD Materials 553.00 0.72% 26.09.2013
8339 JT Equity TOKYO TOMIN BANK LTD/THE Financials 1536.00 0.98% 27.03.2015
9605 JT Equity TOEI CO LTD Consumer Discretionary 691.00 0.87% 26.09.2014
2264 JT Equity MORINAGA MILK INDUSTRY CO Consumer Staples 300.00 2.33% 27.03.2015
6707 JT Equity SANKEN ELECTRIC CO LTD Information Technology 560.00 1.07% 26.09.2014
3715 JT Equity DWANGO CO LTD Information Technology 636000.00 0.31% 26.09.2014
1722 JT Equity MISAWA HOMES CO LTD Consumer Discretionary 2128.00 0.94% 27.03.2015
8140 JT Equity RYOSAN CO LTD Information Technology 1752.00 3.42% 26.09.2014
3110 JT Equity NITTO BOSEKI CO LTD Industrials 366.00 1.37% 27.03.2014
8703 JT Equity KABU.COM SECURITIES CO LTD Financials 732.00 1.37% 27.03.2014
3880 JT Equity DAIO PAPER CORP Materials 634.00 1.34% 26.09.2014
4985 JT Equity EARTH CHEMICAL CO LTD Materials 3700.00 2.57% 26.12.2014
8706 JT Equity KYOKUTO SECURITIES Financials 2100.00 4.05% 26.09.2013
9302 JT Equity MITSUI-SOKO CO LTD Industrials 599.00 1.50% 26.09.2014
6986 JT Equity FUTABA CORP/CHIBA Industrials 1496.00 1.34% 26.09.2013
8346 JT Equity TOHO BANK LTD/THE Financials 332.00 1.96% 26.09.2014
6269 JT Equity MODEC INC Energy 3185.00 0.94% 26.06.2014
3201 JT Equity JAPAN WOOL TEXTILE CO LTD Consumer Discretionary 834.00 2.16% 28.05.2014
9536 JT Equity SAIBU GAS CO LTD Utilities 244.00 2.46% 26.09.2014
8214 JT Equity AOKI HOLDINGS INC Consumer Discretionary 3220.00 1.86% 26.09.2014
5703 JT Equity NIPPON LIGHT METAL HOLDINGS Materials 124.00 3.23% 27.03.2015
9477 JT Equity KADOKAWA GROUP HOLDINGS INC Consumer Discretionary 3205.00 1.09% 27.03.2015
7994 JT Equity OKAMURA CORP Industrials 706.00 1.98% 26.09.2014
1969 JT Equity TAKASAGO THERMAL ENGINEERING Industrials 847.00 2.95% 26.09.2014
1983 JT Equity TOSHIBA PLANT SYSTEMS & SERV Industrials 1487.00 1.01% 26.09.2014
4548 JT Equity SEIKAGAKU CORP Health Care 1349.00 1.85% 26.09.2014
6140 JT Equity ASAHI DIAMOND INDUSTRIAL CO Industrials 1071.00 1.87% 26.09.2014
8056 JT Equity NIHON UNISYS LTD Information Technology 985.00 1.52% 26.09.2014
8613 JT Equity MARUSAN SECURITIES CO LTD Financials 887.00 1.35% 26.09.2013
9627 JT Equity AIN PHARMACIEZ INC Consumer Staples 4475.00 1.34% 25.04.2014
TOPIX1000Index-TPX1000
At The Money Implied Volatilities by Terms
Option Implied Volatility Skew Parameters by Terms:
IVt = atx + btx
2
+ ct
Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

6. 15.05.2013
Ticker Name GICS_SECTOR_NAME ATM3 Ref
Dividend
Yield
Next Ex-
Dividend
Date
ATM3
Vol - 30D
ATM3
Vol - 60D
ATM3
Vol - 90D
ATM3
Vol - 6M
ATM3
Vol - 12M
ATM3
Vol - 18M
ATM3
Vol - 24M
Skew
(a) -
30D
Skew
(a) -
60D
Skew
(a) -
90D
Skew
(a) -
6M
Skew
(a) -
12M
Skew
(a) -
18M
Skew
(a) -
24M
Skew
(b) -
30D
Skew
(b) -
60D
Skew
(b) -
90D
Skew
(b) -
6M
Skew
(b) -
12M
Skew
(b) -
18M
Skew
(b) -
24M
5738 JT Equity SUMITOMO LIGHT METAL IND LTD Materials 105.00 3.33% 27.03.2014
8841 JT Equity TOC CO LTD Financials 779.00 1.16% 26.09.2014
8020 JT Equity KANEMATSU CORP Industrials 126.00
6767 JT Equity MITSUMI ELECTRIC CO LTD Information Technology 694.00 0.72% 27.03.2015
1332 JT Equity NIPPON SUISAN KAISHA LTD Consumer Staples 219.00 26.09.2014
7280 JT Equity MITSUBA CORP Consumer Discretionary 1429.00 0.56% 27.03.2015
6013 JT Equity TAKUMA CO LTD Industrials 736.00 0.82% 26.09.2014
4023 JT Equity KUREHA CORP Materials 355.00 2.82% 26.09.2014
6755 JT Equity FUJITSU GENERAL LTD Consumer Discretionary 1093.00 1.10% 26.09.2014
7238 JT Equity AKEBONO BRAKE INDUSTRY CO Consumer Discretionary 557.00 1.80% 26.09.2014
9119 JT Equity IINO KAIUN KAISHA LTD Industrials 623.00 1.28% 26.09.2014
8179 JT Equity ROYAL HOLDINGS CO LTD Consumer Discretionary 1564.00 0.77% 26.12.2014
4553 JT Equity TOWA PHARMACEUTICAL CO LTD Health Care 4825.00 1.55% 26.09.2014
6756 JT Equity HITACHI KOKUSAI ELECTRIC INC Information Technology 1119.00 1.25% 26.09.2014
9830 JT Equity TRUSCO NAKAYAMA CORP Industrials 2269.00 1.96% 26.06.2014
8051 JT Equity YAMAZEN CORP Industrials 669.00 2.24% 26.09.2014
8153 JT Equity MOS FOOD SERVICES INC Consumer Discretionary 1957.00 1.02% 26.09.2014
6581 JT Equity HITACHI KOKI CO LTD Industrials 930.00 2.58% 26.06.2014
6651 JT Equity NITTO KOGYO CORP Industrials 1686.00 2.61% 26.09.2014
6407 JT Equity CKD CORP Industrials 881.00 1.59% 26.09.2014
2590 JT Equity DYDO DRINCO INC Consumer Staples 4360.00 1.38% 16.07.2014
4680 JT Equity ROUND ONE CORP Consumer Discretionary 751.00 2.66% 26.09.2014
6282 JT Equity OILES CORP Industrials 2223.00 1.80% 26.09.2014
4201 JT Equity NIPPON SYNTHETIC CHEMICAL Materials 1133.00 1.59% 26.09.2014
5482 JT Equity AICHI STEEL CORP Materials 435.00 2.30% 26.09.2014
1377 JT Equity SAKATA SEED CORP Consumer Staples 1461.00 1.37% 27.11.2013
3087 JT Equity DOUTOR NICHIRES HOLDINGS CO Consumer Discretionary 1389.00 1.87% 27.08.2014
8879 JT Equity TOKYU LIVABLE INC Financials 2295.00 1.57% 27.03.2014
1766 JT Equity TOKEN CORP Consumer Discretionary 5720.00 1.75% 25.04.2014
2815 JT Equity ARIAKE JAPAN CO LTD Consumer Staples 2348.00 1.92% 26.09.2014
7541 JT Equity MEGANE TOP CO LTD Consumer Discretionary 1402.00 0.86% 26.09.2013
1835 JT Equity TOTETSU KOGYO CO LTD Industrials 1626.00 1.35% 27.03.2015
5946 JT Equity CHOFU SEISAKUSHO CO LTD Consumer Discretionary 2348.00 1.28% 26.06.2014
6444 JT Equity SANDEN CORP Consumer Discretionary 411.00 2.43% 27.03.2015
5186 JT Equity NITTA CORP Industrials 2251.00 1.47% 26.09.2014
1950 JT Equity NIPPON DENSETSU KOGYO CO LTD Industrials 1147.00 1.22% 27.03.2015
8325 JT Equity HOKUETSU BANK LTD/THE Financials 233.00 2.58% 26.09.2014
2201 JT Equity MORINAGA & CO LTD Consumer Staples 211.00 2.84% 27.03.2015
8160 JT Equity KISOJI CO LTD Consumer Discretionary 1909.00 0.73% 26.09.2014
5715 JT Equity FURUKAWA CO LTD Industrials 131.00 1.53% 27.03.2015
6498 JT Equity KITZ CORP Industrials 560.00 1.79% 26.09.2014
4997 JT Equity NIHON NOHYAKU CO LTD Materials 953.00 0.94% 27.03.2014
8251 JT Equity PARCO CO LTD Consumer Discretionary 1200.00 1.50% 27.08.2014
8392 JT Equity OITA BANK LTD/THE Financials 390.00 1.54% 26.09.2014
8393 JT Equity MIYAZAKI BANK LTD/THE Financials 344.00 1.74% 26.09.2014
5423 JT Equity TOKYO STEEL MFG CO LTD Materials 391.00 0.51% 26.09.2014
7246 JT Equity PRESS KOGYO CO LTD Consumer Discretionary 531.00 1.88% 26.09.2014
9759 JT Equity NSD CO LTD Information Technology 1145.00 2.45% 27.03.2015
6807 JT Equity JAPAN AVIATION ELECTRONICS Information Technology 961.00 1.04% 26.09.2014
7226 JT Equity KYOKUTO KAIHATSU KOGYO CO Industrials 1186.00 1.52% 26.09.2014
1973 JT Equity NEC NETWORKS & SYSTEM INTEGR Information Technology 2376.00 2.53% 26.09.2014
4924 JT Equity DR CI:LABO CO LTD Consumer Staples 310000.00 2.90% 29.07.2014
1379 JT Equity HOKUTO CORP Consumer Staples 1933.00 2.95% 26.09.2013
7599 JT Equity GULLIVER INTERNATIONAL CO Consumer Discretionary 662.00 15.11% 27.08.2014
2730 JT Equity EDION CORP Consumer Discretionary 515.00 3.88% 26.09.2014
2580 JT Equity COCA-COLA CENTRAL JAPAN CO Consumer Staples 1571.00 2.29% 26.12.2013
8342 JT Equity AOMORI BANK LTD/THE Financials 303.00 1.98% 26.09.2014
6997 JT Equity NIPPON CHEMI-CON CORP Information Technology 380.00 27.03.2015
6287 JT Equity SATO HOLDINGS CORP Industrials 1998.00 1.85% 26.09.2014
9787 JT Equity AEON DELIGHT CO LTD Industrials 2159.00 2.22% 27.08.2014
5707 JT Equity TOHO ZINC CO LTD Materials 367.00 1.36% 27.03.2015
1942 JT Equity KANDENKO CO LTD Industrials 424.00 2.83% 26.09.2014
7239 JT Equity TACHI-S CO LTD Consumer Discretionary 1610.00 0.87% 26.09.2014
8870 JT Equity SUMITOMO REAL ESTATE SALES Financials 6060.00 1.65% 26.09.2014
9511 JT Equity OKINAWA ELECTRIC POWER CO Utilities 3595.00 1.67% 26.09.2014
7447 JT Equity NAGAILEBEN CO LTD Health Care 1646.00 2.13% 27.08.2014
6463 JT Equity TPR CO LTD Consumer Discretionary 1934.00 1.24% 26.09.2014
6816 JT Equity ALPINE ELECTRONICS INC Consumer Discretionary 1100.00 1.82% 26.09.2014
9069 JT Equity SENKO CO LTD Industrials 534.00 2.62% 26.09.2014
7581 JT Equity SAIZERIYA CO LTD Consumer Discretionary 1461.00 1.23% 27.08.2014
6622 JT Equity DAIHEN CORP Industrials 390.00 1.79% 26.09.2014
2726 JT Equity PAL CO LTD Consumer Discretionary 3700.00 1.35% 25.02.2015
8022 JT Equity MIZUNO CORP Consumer Discretionary 428.00 2.34% 26.09.2013
3569 JT Equity SEIREN CO LTD Consumer Discretionary 754.00 1.99% 26.09.2014
7522 JT Equity WATAMI CO LTD Consumer Discretionary 1810.00 1.38% 26.09.2014
8387 JT Equity SHIKOKU BANK LTD/THE Financials 295.00 1.86% 26.09.2014
2874 JT Equity YOKOHAMA REITO CO LTD Consumer Staples 859.00 2.33% 27.03.2014
9715 JT Equity TRANSCOSMOS INC Information Technology 1533.00 2.28% 27.03.2014
4471 JT Equity SANYO CHEMICAL INDUSTRIES Materials 635.00 2.36% 26.09.2014
8098 JT Equity INABATA & CO LTD Industrials 858.00 2.68% 26.09.2014
5911 JT Equity YOKOGAWA BRIDGE HOLDINGS COR Industrials 1049.00 0.95% 26.09.2014
6118 JT Equity AIDA ENGINEERING LTD Industrials 845.00 2.37% 27.03.2015
7718 JT Equity STAR MICRONICS CO LTD Information Technology 1184.00 2.87% 27.08.2014
4212 JT Equity SEKISUI JUSHI CORP Industrials 1407.00 1.85% 26.09.2014
3002 JT Equity GUNZE LTD Consumer Discretionary 264.00 2.84% 27.03.2015
5726 JT Equity OSAKA TITANIUM TECHNOLOGIES Materials 2005.00 0.50% 27.03.2014
6877 JT Equity OBARA GROUP INC Industrials 3180.00 0.63% 27.03.2014
8550 JT Equity TOCHIGI BANK LTD/THE Financials 415.00 1.69% 26.09.2014
8897 JT Equity TAKARA LEBEN CO LTD Financials 1980.00 0.91% 26.09.2014
9543 JT Equity SHIZUOKA GAS CO LTD Utilities 786.00 1.15% 26.06.2014
8263 JT Equity DAIEI INC Consumer Discretionary 358.00 63.53 46.94 40.87 34.80 0.041 0.041 0.040 0.042 -0.038 -0.018 -0.009 0.000
7545 JT Equity NISHIMATSUYA CHAIN CO LTD Consumer Discretionary 1050.00 1.81% 18.08.2014
5959 JT Equity OKABE CO LTD Industrials 991.00 1.61% 26.06.2014
6951 JT Equity JEOL LTD Health Care 549.00 0.91% 26.09.2014
4708 JT Equity MOSHI MOSHI HOTLINE INC Industrials 1165.00 2.49% 26.09.2014
8279 JT Equity YAOKO CO LTD Consumer Staples 4045.00 1.41% 26.09.2014
8170 JT Equity ADERANS CO LTD Consumer Staples 1608.00 0.62%
8074 JT Equity YUASA TRADING CO LTD Industrials 199.00 3.02% 26.09.2014
8151 JT Equity TOYO CORP Information Technology 1477.00 3.45% 27.03.2014
6339 JT Equity SINTOKOGIO LTD Industrials 949.00 1.37% 26.09.2014
8409 JT Equity YACHIYO BANK LTD/THE Financials 3940.00 1.52% 26.09.2014
8338 JT Equity TSUKUBA BANK LTD Financials 485.00 1.03% 27.03.2015
9430 JT Equity NEC MOBILING LTD Consumer Discretionary 5510.00 1.18% 27.03.2014
8566 JT Equity RICOH LEASING CO LTD Financials 2924.00 1.47% 26.09.2014
5975 JT Equity TOPRE CORP Consumer Discretionary 986.00 1.62% 26.09.2014
3106 JT Equity KURABO INDUSTRIES LTD Consumer Discretionary 184.00 2.72% 27.03.2015
5191 JT Equity TOKAI RUBBER INDUSTRIES Consumer Discretionary 1018.00 1.67% 26.09.2014
9792 JT Equity NICHII GAKKAN CO Health Care 964.00 2.07% 26.09.2014
8343 JT Equity AKITA BANK LTD/THE Financials 290.00 2.07% 26.09.2014
7102 JT Equity NIPPON SHARYO LTD Industrials 538.00 0.93% 26.09.2014
8278 JT Equity FUJI CO LTD Consumer Discretionary 1789.00 0.84% 27.08.2014
4914 JT Equity TAKASAGO INTERNATIONAL CORP Materials 569.00 1.41% 26.09.2013
8545 JT Equity KANSAI URBAN BANKING CORP Financials 142.00 2.11% 27.03.2015
1884 JT Equity NIPPON ROAD CO LTD Industrials 585.00 1.54% 27.03.2015
8527 JT Equity AICHI BANK LTD/THE Financials 5460.00 1.28% 26.09.2014
4958 JT Equity T HASEGAWA CO LTD Materials 1466.00 1.71% 27.03.2014
9755 JT Equity OYO CORP Industrials 1771.00 1.02% 26.06.2014
6741 JT Equity NIPPON SIGNAL CO LTD/THE Industrials 765.00 1.70% 26.09.2014
8880 JT Equity IIDA HOME MAX Financials 1717.00 1.51% 29.10.2013
3635 JT Equity TECMO KOEI HOLDINGS CO LTD Information Technology 980.00 3.37% 27.03.2015
6480 JT Equity NIPPON THOMPSON CO LTD Industrials 558.00 1.79% 26.09.2014
4919 JT Equity MILBON CO LTD Consumer Staples 3715.00 1.78% 18.06.2014
7739 JT Equity CANON ELECTRONICS INC Information Technology 2075.00 3.13% 26.06.2013
2659 JT Equity SAN-A CO LTD Consumer Staples 5100.00 0.98% 25.02.2015
8173 JT Equity JOSHIN DENKI CO LTD Consumer Discretionary 878.00 1.82% 27.03.2015
9945 JT Equity PLENUS CO LTD Consumer Discretionary 1705.00 2.93% 27.08.2014
TOPIX1000Index-TPX1000
At The Money Implied Volatilities by Terms
Option Implied Volatility Skew Parameters by Terms:
IVt = atx + btx2
+ ct
Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

7. 15.05.2013
Ticker Name GICS_SECTOR_NAME ATM4 Ref
Dividend
Yield
Next Ex-
Dividend
Date
ATM4
Vol - 30D
ATM4
Vol - 60D
ATM4
Vol - 90D
ATM4
Vol - 6M
ATM4
Vol - 12M
ATM4
Vol - 18M
ATM4
Vol - 24M
Skew
(a) -
30D
Skew
(a) -
60D
Skew
(a) -
90D
Skew
(a) -
6M
Skew
(a) -
12M
Skew
(a) -
18M
Skew
(a) -
24M
Skew
(b) -
30D
Skew
(b) -
60D
Skew
(b) -
90D
Skew
(b) -
6M
Skew
(b) -
12M
Skew
(b) -
18M
Skew
(b) -
24M
2602 JT Equity NISSHIN OILLIO GROUP LTD/THE Consumer Staples 387.00 2.58% 26.09.2014
6454 JT Equity MAX CO LTD Industrials 1194.00 3.02% 27.03.2015
6369 JT Equity TOYO KANETSU K K Energy 334.00 1.20% 27.03.2015
4733 JT Equity OBIC BUSINESS CONSULTANTS Information Technology 5940.00 1.68% 26.09.2014
9882 JT Equity YELLOW HAT LTD Consumer Discretionary 1996.00 1.80% 26.09.2014
8266 JT Equity IZUMIYA CO LTD Consumer Staples 493.00 1.22% 27.08.2014
5851 JT Equity RYOBI LTD Industrials 311.00 1.93% 26.09.2014
3076 JT Equity AI HOLDINGS CORP Information Technology 1035.00 1.93% 26.12.2013
7943 JT Equity NICHIHA CORP Industrials 1566.00 1.60% 26.09.2014
5440 JT Equity KYOEI STEEL LTD Materials 1859.00 1.08% 26.09.2014
7630 JT Equity ICHIBANYA CO LTD Consumer Discretionary 4570.00 1.20% 28.05.2014
8362 JT Equity FUKUI BANK LTD/THE Financials 211.00 2.37% 26.09.2014
6794 JT Equity FOSTER ELECTRIC CO LTD Consumer Discretionary 1747.00 2.29% 26.09.2014
3148 JT Equity CREATE SD HOLDINGS CO Consumer Staples 4295.00 1.16% 27.11.2013
7241 JT Equity FUTABA INDUSTRIAL CO LTD Consumer Discretionary 584.00 27.03.2014
2681 JT Equity GEO HOLDINGS CORP Consumer Discretionary 104900.00 3.05% 26.09.2014
8876 JT Equity RELO HOLDINGS INC Financials 4965.00 1.61% 27.03.2015
6379 JT Equity SHINKO PLANTECH CO LTD Energy 768.00 3.91% 27.03.2015
7740 JT Equity TAMRON CO LTD Consumer Discretionary 2289.00 2.18% 26.06.2014
6332 JT Equity TSUKISHIMA KIKAI CO LTD Industrials 1034.00 1.45% 26.09.2014
7231 JT Equity TOPY INDUSTRIES LTD Materials 235.00 1.70% 26.09.2014
7517 JT Equity KURODA ELECTRIC CO LTD Industrials 1317.00 2.35% 26.09.2014
8871 JT Equity GOLDCREST CO LTD Financials 2231.00 1.79% 26.09.2014
4282 JT Equity EPS CORPORATION Health Care 154300.00 1.26% 27.03.2014
6905 JT Equity COSEL CO LTD Industrials 1191.00 0.92% 18.11.2013
2288 JT Equity MARUDAI FOOD CO LTD Consumer Staples 322.00 2.48% 27.03.2015
5930 JT Equity BUNKA SHUTTER CO LTD Industrials 639.00 1.88% 26.09.2014
8174 JT Equity NIPPON GAS CO LTD Energy 1264.00 1.03% 26.09.2014
7976 JT Equity MITSUBISHI PENCIL CO LTD Industrials 2079.00 1.25% 26.06.2014
3103 JT Equity UNITIKA LTD Consumer Discretionary 59.00
1941 JT Equity CHUDENKO CORP Industrials 1045.00 1.91% 26.09.2014
3141 JT Equity WELCIA HOLDINGS CO LTD Consumer Staples 4885.00 1.08% 26.02.2014
6632 JT Equity JVC KENWOOD CORP Consumer Discretionary 279.00 1.79% 27.03.2015
6728 JT Equity ULVAC INC Information Technology 997.00 26.06.2013
7867 JT Equity TOMY COMPANY LTD Consumer Discretionary 511.00 1.96% 26.09.2014
4116 JT Equity DAINICHISEIKA COLOR & CHEM Materials 445.00 2.70% 26.09.2014
1961 JT Equity SANKI ENGINEERING CO LTD Industrials 656.00 2.29% 26.09.2014
7862 JT Equity TOPPAN FORMS CO LTD Industrials 934.00 2.68% 26.09.2014
6462 JT Equity RIKEN CORP Consumer Discretionary 456.00 2.63% 26.09.2014
9616 JT Equity KYORITSU MAINTENANCE CO LTD Consumer Discretionary 3210.00 1.34% 26.09.2014
3151 JT Equity VITAL KSK HOLDINGS INC Health Care 887.00 1.80% 26.09.2014
7516 JT Equity KOHNAN SHOJI CO LTD Consumer Discretionary 1271.00 2.52% 27.08.2014
3048 JT Equity BIC CAMERA INC Consumer Discretionary 43800.00 2.28% 26.02.2014
9938 JT Equity SUMIKIN BUSSAN CORP Industrials 321.00 3.74% 27.03.2014
8217 JT Equity OKUWA CO LTD Consumer Staples 1060.00 2.45% 18.08.2014
4694 JT Equity BML INC Health Care 2662.00 1.50% 26.09.2014
8396 JT Equity EIGHTEENTH BANK LTD/THE Financials 266.00 2.26% 26.09.2014
3395 JT Equity SAINT MARC HOLDINGS CO LTD Consumer Discretionary 5130.00 1.91% 26.09.2014
7483 JT Equity DOSHISHA CO LTD Consumer Discretionary 1548.00 1.94% 26.09.2014
4633 JT Equity SAKATA INX CORP Materials 755.00 2.12% 26.09.2014
6804 JT Equity HOSIDEN CORP Information Technology 594.00 1.68% 26.09.2014
4617 JT Equity CHUGOKU MARINE PAINTS LTD Materials 500.00 2.60% 26.09.2014
6737 JT Equity EIZO CORP Information Technology 1899.00 2.63% 26.09.2014
8011 JT Equity SANYO SHOKAI LTD Consumer Discretionary 293.00 2.73% 26.12.2014
9474 JT Equity ZENRIN CO LTD Consumer Discretionary 1221.00 2.46% 26.09.2014
2281 JT Equity PRIMA MEAT PACKERS LTD Consumer Staples 253.00 0.79% 27.03.2015
5331 JT Equity NORITAKE CO LTD Industrials 292.00 2.74% 26.09.2014
3284 JT Equity HOOSIERS HOLDINGS CO LTD Consumer Discretionary 1200.00 1.00%
3107 JT Equity DAIWABO HOLDINGS CO LTD Information Technology 176.00 2.27% 27.03.2015
6277 JT Equity HOSOKAWA MICRON CORP Industrials 905.00 1.33% 27.03.2014
6801 JT Equity TOKO INC Information Technology 312.00
5809 JT Equity TATSUTA ELEC WIRE & CABLE Industrials 797.00 1.25% 26.09.2014
2664 JT Equity CAWACHI LTD Consumer Staples 2270.00 1.98% 11.03.2015
4028 JT Equity ISHIHARA SANGYO KAISHA LTD Materials 82.00
5812 JT Equity HITACHI CABLE LTD Industrials 189.00 27.03.2014
6844 JT Equity SHINDENGEN ELECTRIC MFG Information Technology 478.00 1.05% 27.03.2015
3028 JT Equity ALPEN CO LTD Consumer Discretionary 2013.00 1.86% 26.12.2013
9997 JT Equity BELLUNA CO LTD Consumer Discretionary 1234.00 2.03% 26.09.2014
2678 JT Equity ASKUL CORP Consumer Discretionary 1779.00 1.69% 18.11.2013
6413 JT Equity RISO KAGAKU CORP Information Technology 2259.00 2.66% 27.03.2015
1885 JT Equity TOA CORP Industrials 153.00 1.31% 27.03.2015
7494 JT Equity KONAKA CO LTD Consumer Discretionary 1186.00 1.69% 27.03.2014
8395 JT Equity BANK OF SAGA LTD/THE Financials 249.00 2.41% 26.09.2014
1813 JT Equity FUDO TETRA CORP Industrials 188.00 0.53%
2466 JT Equity PGM HOLDINGS K K Consumer Discretionary 101100.00 0.99% 26.12.2014
6101 JT Equity TSUGAMI CORP Industrials 532.00 2.26% 26.09.2014
6517 JT Equity DENYO CO LTD Industrials 1509.00 1.46% 26.09.2014
6486 JT Equity EAGLE INDUSTRY CO LTD Consumer Discretionary 1198.00 1.17% 26.09.2014
7840 JT Equity FRANCE BED HOLDINGS CO LTD Consumer Discretionary 236.00 1.91% 26.09.2014
4549 JT Equity EIKEN CHEMICAL CO LTD Health Care 1987.00 1.51% 26.09.2014
6706 JT Equity DENKI KOGYO CO LTD Information Technology 563.00 1.78% 27.03.2015
8283 JT Equity PALTAC CORP Consumer Discretionary 1267.00 3.31% 26.09.2014
3950 JT Equity PACK CORP/THE Materials 1986.00 2.52% 26.06.2014
4996 JT Equity KUMIAI CHEMICAL INDUSTRY CO Materials 678.00 0.88% 29.10.2014
5727 JT Equity TOHO TITANIUM CO LTD Materials 827.00 0.60% 27.03.2014
9746 JT Equity TKC CORP Information Technology 1762.00 2.50% 27.03.2014
9682 JT Equity DTS CORP Information Technology 1553.00 1.93% 26.09.2014
2613 JT Equity J-OIL MILLS INC Consumer Staples 311.00 2.57% 26.09.2014
2109 JT Equity MITSUI SUGAR CO LTD Consumer Staples 331.00 2.11% 26.09.2014
3864 JT Equity MITSUBISHI PAPER MILLS LTD Materials 97.00 27.03.2014
2572 JT Equity MIKUNI COCA-COLA BOTTLING CO Consumer Staples 1237.00 0.97% 26.12.2013
4551 JT Equity TORII PHARMACEUTICAL CO LTD Health Care 2287.00 1.75% 26.09.2014
6999 JT Equity KOA CORP Information Technology 1138.00 1.76% 26.09.2013
7250 JT Equity PACIFIC INDUSTRIAL CO LTD Consumer Discretionary 693.00 1.73% 26.09.2014
1719 JT Equity HAZAMA ANDO CORP Industrials 223.00 1.35% 27.03.2015
5632 JT Equity MITSUBISHI STEEL MFG CO LTD Materials 220.00 1.14% 26.09.2014
8196 JT Equity KASUMI CO LTD Consumer Staples 684.00 2.05% 27.08.2014
6820 JT Equity ICOM INC Information Technology 2495.00 1.20% 26.09.2013
5192 JT Equity MITSUBOSHI BELTING CO LTD Industrials 517.00 2.71% 26.09.2014
1982 JT Equity HIBIYA ENGINEERING LTD Industrials 994.00 3.02% 26.09.2014
5195 JT Equity BANDO CHEMICAL INDUSTRIES Industrials 385.00 2.60% 26.09.2014
6875 JT Equity MEGACHIPS CORP Information Technology 1647.00 2.13% 27.03.2014
5563 JT Equity NIPPON DENKO CO LTD Materials 326.00 1.53% 26.12.2014
7294 JT Equity YOROZU CORP Consumer Discretionary 1830.00 1.15% 26.09.2014
5602 JT Equity KURIMOTO LTD Materials 293.00 1.37% 26.09.2014
8200 JT Equity RINGER HUT CO LTD Consumer Discretionary 1503.00 0.67% 27.08.2014
2327 JT Equity NS SOLUTIONS CORP Information Technology 2031.00 1.97% 26.09.2014
1926 JT Equity RAITO KOGYO CO LTD Industrials 531.00 1.51% 27.03.2015
7421 JT Equity KAPPA CREATE HOLDINGS CO LTD Consumer Discretionary 1842.00 0.81% 27.08.2014
5310 JT Equity TOYO TANSO CO LTD Industrials 2297.00 0.87% 28.05.2014
8111 JT Equity GOLDWIN INC Consumer Discretionary 555.00 1.26% 27.03.2015
2211 JT Equity FUJIYA CO LTD Consumer Staples 206.00 0.97% 26.12.2014
1518 JT Equity MITSUI MATSUSHIMA CO LTD Industrials 179.00 2.23% 27.03.2015
5805 JT Equity SWCC SHOWA HOLDINGS CO LTD Industrials 97.00 27.03.2015
6278 JT Equity UNION TOOL CO Industrials 2263.00 1.33% 28.05.2014
9842 JT Equity ARC LAND SAKAMOTO CO LTD Consumer Discretionary 2018.00 1.78% 18.08.2014
3104 JT Equity FUJIBO HOLDINGS INC Consumer Discretionary 257.00 1.95% 27.03.2015
6839 JT Equity FUNAI ELECTRIC CO LTD Consumer Discretionary 1272.00 3.14% 27.03.2014
9946 JT Equity MINISTOP CO LTD Consumer Staples 1747.00 2.58% 27.08.2014
1515 JT Equity NITTETSU MINING CO LTD Materials 444.00 1.58% 26.09.2014
6363 JT Equity TORISHIMA PUMP MFG CO LTD Industrials 1038.00 1.73% 26.09.2014
3738 JT Equity T-GAIA CORP Consumer Discretionary 1021.00 3.43% 26.09.2014
6419 JT Equity MARS ENGINEERING CORP Consumer Discretionary 2209.00 2.72% 26.09.2014
3167 JT Equity TOKAI HOLDINGS CORP Industrials 323.00 3.72% 26.09.2014
TOPIX1000Index-TPX1000
At The Money Implied Volatilities by Terms
Option Implied Volatility Skew Parameters by Terms:
IVt = atx + btx
2
+ ct
Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

8. 15.05.2013
Ticker Name GICS_SECTOR_NAME ATM4 Ref
Dividend
Yield
Next Ex-
Dividend
Date
ATM4
Vol - 30D
ATM4
Vol - 60D
ATM4
Vol - 90D
ATM4
Vol - 6M
ATM4
Vol - 12M
ATM4
Vol - 18M
ATM4
Vol - 24M
Skew
(a) -
30D
Skew
(a) -
60D
Skew
(a) -
90D
Skew
(a) -
6M
Skew
(a) -
12M
Skew
(a) -
18M
Skew
(a) -
24M
Skew
(b) -
30D
Skew
(b) -
60D
Skew
(b) -
90D
Skew
(b) -
6M
Skew
(b) -
12M
Skew
(b) -
18M
Skew
(b) -
24M
6247 JT Equity HISAKA WORKS LTD Industrials 933.00 2.14% 26.09.2014
6652 JT Equity IDEC CORP Industrials 941.00 3.19% 26.09.2014
5384 JT Equity FUJIMI INC Materials 1286.00 2.33% 26.09.2014
5302 JT Equity NIPPON CARBON CO LTD Industrials 221.00 2.26% 26.12.2014
8133 JT Equity ITOCHU ENEX CO LTD Energy 558.00 2.87% 26.09.2014
4078 JT Equity SAKAI CHEMICAL INDUSTRY CO Materials 304.00 2.63% 26.09.2014
7873 JT Equity ARRK CORP Industrials 351.00
7905 JT Equity DAIKEN CORP Materials 290.00 2.59% 26.09.2014
6985 JT Equity U-SHIN LTD Consumer Discretionary 846.00 1.18% 28.05.2014
7972 JT Equity ITOKI CORP Industrials 559.00 2.24% 26.12.2014
2918 JT Equity WARABEYA NICHIYO CO LTD Consumer Staples 1740.00 1.72% 25.02.2015
6641 JT Equity NISSIN ELECTRIC CO LTD Industrials 581.00 1.89% 26.09.2014
3730 JT Equity MACROMILL INC Information Technology 1509.00 1.52% 26.12.2013
7611 JT Equity HIDAY HIDAKA CORP Consumer Discretionary 2228.00 1.62% 27.08.2014
6910 JT Equity HITACHI MEDICAL CORP Health Care 1565.00 0.64% 26.09.2014
7266 JT Equity IMASEN ELECTRIC INDUSTRIAL Consumer Discretionary 1570.00 1.66% 26.09.2014
6440 JT Equity JUKI CORP Industrials 179.00 1.68% 26.12.2013
2322 JT Equity NEC FIELDING LTD Information Technology 1356.00 2.95% 26.09.2014
6929 JT Equity NIPPON CERAMIC CO LTD Information Technology 1747.00 1.14% 26.12.2014
1301 JT Equity KYOKUYO CO LTD Consumer Staples 240.00 2.08% 27.03.2015
1919 JT Equity SXL CORP Consumer Discretionary 199.00
7995 JT Equity NIPPON VALQUA INDUSTRIES LTD Materials 257.00 3.89% 26.09.2014
9037 JT Equity HAMAKYOREX CO LTD Industrials 3915.00 1.07% 26.09.2014
6966 JT Equity MITSUI HIGH-TEC INC Information Technology 767.00 1.30% 29.07.2014
5196 JT Equity KINUGAWA RUBBER INDUSTRIAL Consumer Discretionary 588.00 1.36% 26.09.2014
5976 JT Equity NETUREN CO LTD Materials 792.00 1.77% 26.09.2014
4714 JT Equity RISO KYOIKU CO LTD Consumer Discretionary 10330.00 3.19% 27.08.2014
7631 JT Equity MACNICA INC Information Technology 2158.00 1.85% 26.09.2014
5741 JT Equity FURUKAWA-SKY ALUMINUM CORP Materials 309.00 2.27% 27.03.2014
8059 JT Equity DAIICHI JITSUGYO CO LTD Industrials 485.00 3.09% 26.09.2014
7283 JT Equity AISAN INDUSTRY CO LTD Consumer Discretionary 1047.00 1.72% 26.09.2014
8536 JT Equity HIGASHI-NIPPON BANK LTD/THE Financials 251.00 3.19% 26.09.2014
9742 JT Equity INES CORP Information Technology 803.00 1.99% 26.09.2014
7958 JT Equity TENMA CORP Materials 1275.00 2.35% 26.09.2014
8037 JT Equity KAMEI CORP Industrials 910.00 1.65% 26.09.2014
6507 JT Equity SINFONIA TECHNOLOGY CO LTD Industrials 175.00 1.71% 27.03.2015
3397 JT Equity TORIDOLL.CORP Consumer Discretionary 1228.00 1.38% 27.03.2015
6482 JT Equity YUSHIN PRECISION EQUIPMENT Industrials 2100.00 0.95% 26.09.2014
2108 JT Equity NIPPON BEET SUGAR MFG CO LTD Consumer Staples 183.00 2.73% 27.03.2015
7236 JT Equity T RAD CO LTD Consumer Discretionary 310.00 2.58% 26.09.2014
1890 JT Equity TOYO CONSTRUCTION CO LTD Industrials 299.00 1.67% 27.03.2015
3315 JT Equity NIPPON COKE & ENGINEERING CO Materials 123.00 2.44% 27.03.2015
6676 JT Equity MELCO HOLDINGS INC Information Technology 1667.00 2.40% 26.09.2014
7456 JT Equity MATSUDA SANGYO CO LTD Industrials 1439.00 1.67% 26.09.2014
8068 JT Equity RYOYO ELECTRO CORP Information Technology 887.00 3.38% 29.07.2014
6723 JT Equity RENESAS ELECTRONICS CORP Information Technology 398.00 89.73 54.47 54.22 54.26 1.554 0.277 0.275 0.268 -0.031 -0.007 -0.007 -0.006
6584 JT Equity SANOH INDUSTRIAL CO LTD Consumer Discretionary 811.00 2.59% 26.09.2014
3529 JT Equity ATSUGI CO LTD Consumer Discretionary 117.00 2.56% 27.03.2015
7942 JT Equity JSP CORP Materials 1501.00 2.00% 26.09.2014
6935 JT Equity JAPAN DIGITAL LABORATORY CO Information Technology 1215.00 1.65% 26.09.2014
5449 JT Equity OSAKA STEEL CO LTD Materials 1947.00 1.03% 26.09.2013
9470 JT Equity GAKKEN HOLDINGS CO LTD Consumer Discretionary 307.00 1.63% 26.09.2014
5480 JT Equity NIPPON YAKIN KOGYO CO LTD Materials 131.00
8097 JT Equity SAN-AI OIL CO LTD Energy 438.00 3.08% 26.09.2014
8141 JT Equity SHINKO SHOJI CO LTD Information Technology 930.00 3.23% 26.09.2014
6730 JT Equity AXELL CORP Information Technology 2004.00 2.50% 26.09.2014
6368 JT Equity ORGANO CORP Industrials 557.00 2.15% 26.09.2014
5410 JT Equity GODO STEEL LTD Materials 171.00 1.46% 27.03.2015
8089 JT Equity NICE HOLDINGS INC Consumer Discretionary 256.00 1.56% 27.03.2015
4775 JT Equity SOGO MEDICAL CO LTD Consumer Staples 4165.00 1.92% 26.09.2014
3333 JT Equity ASAHI CO LTD Consumer Discretionary 1739.00 0.69% 18.02.2015
6798 JT Equity SMK CORP Information Technology 336.00 1.79% 27.03.2014
6459 JT Equity DAIWA INDUSTRIES LTD Industrials 612.00 1.63% 26.06.2014
2695 JT Equity KURA CORP Consumer Discretionary 1679.00 0.71% 29.10.2014
2792 JT Equity HONEYS CO LTD Consumer Discretionary 1236.00 2.83% 27.11.2013
7245 JT Equity DAIDO METAL CO LTD Consumer Discretionary 689.00 2.03% 26.09.2014
8084 JT Equity RYODEN TRADING CO LTD Information Technology 677.00 2.95% 26.09.2014
6430 JT Equity DAIKOKU DENKI CO LTD Consumer Discretionary 2313.00 1.73% 26.09.2014
6859 JT Equity ESPEC CORP Information Technology 919.00 1.96% 26.09.2014
8155 JT Equity MIMASU SEMICONDUCTOR INDUST Information Technology 1077.00 2.32% 27.11.2013
9900 JT Equity SAGAMI CHAIN CO LTD Consumer Discretionary 796.00 0.63%
1964 JT Equity CHUGAI RO CO LTD Industrials 256.00 2.34% 27.03.2015
8150 JT Equity SANSHIN ELECTRONICS CO LTD Information Technology 648.00 3.09% 26.09.2014
4514 JT Equity ASKA PHARMACEUTICAL CO LTD Health Care 733.00 1.91% 26.09.2014
3433 JT Equity TOCALO CO LTD Industrials 1536.00 2.93% 26.09.2014
2440 JT Equity GURUNAVI INC Information Technology 1243.00 1.61% 26.09.2014
6445 JT Equity JANOME SEWING MACHINE CO LTD Consumer Discretionary 93.00
5981 JT Equity TOKYO ROPE MFG CO LTD Materials 127.00 27.03.2015
7944 JT Equity ROLAND CORP Consumer Discretionary 1006.00 1.49% 26.09.2014
6958 JT Equity CMK CORP Information Technology 413.00 1.21% 27.03.2014
9305 JT Equity YAMATANE CORP Consumer Staples 191.00 1.57% 27.03.2015
6768 JT Equity TAMURA CORP Information Technology 224.00 2.68% 26.09.2014
1805 JT Equity TOBISHIMA CORP Industrials 124.00
2317 JT Equity SYSTENA CORP Information Technology 809.00 3.71% 26.09.2014
6779 JT Equity NIHON DEMPA KOGYO CO LTD Information Technology 1004.00 1.99% 26.09.2014
8154 JT Equity KAGA ELECTRONICS CO LTD Information Technology 856.00 3.50% 26.09.2014
4109 JT Equity STELLA CHEMIFA CORP Materials 1825.00 2.08% 26.09.2014
5017 JT Equity AOC HOLDINGS INC Energy 343.00 1.75% 27.03.2015
1868 JT Equity MITSUI HOME CO LTD Consumer Discretionary 576.00 2.78% 26.09.2014
8168 JT Equity KEIYO CO LTD Consumer Discretionary 498.00 2.51% 27.08.2014
1959 JT Equity KYUDENKO CORP Industrials 456.00 2.19% 26.09.2014
1968 JT Equity TAIHEI DENGYO KAISHA LTD Industrials 592.00 1.69% 27.03.2015
3109 JT Equity SHIKIBO LTD Consumer Discretionary 128.00 1.56% 27.03.2015
7007 JT Equity SASEBO HEAVY INDUSTRIES CO Industrials 125.00 4.00% 27.03.2014
6345 JT Equity AICHI CORP Industrials 473.00 2.11% 26.09.2014
9370 JT Equity YUSEN LOGISTICS CO LTD Industrials 1035.00 1.74% 26.09.2014
7769 JT Equity RHYTHM WATCH CO LTD Consumer Discretionary 180.00 1.67% 27.03.2015
6355 JT Equity SUMITOMO PRECISION PRODUCTS Industrials 486.00 1.44% 26.09.2014
3636 JT Equity MITSUBISHI RESEARCH INSTITUT Information Technology 2080.00 1.68% 27.03.2014
7613 JT Equity SIIX CORP Information Technology 1257.00 2.55% 26.06.2014
5210 JT Equity NIHON YAMAMURA GLASS CO LTD Materials 189.00 2.65% 26.09.2014
6796 JT Equity CLARION CO LTD Consumer Discretionary 149.00
2533 JT Equity OENON HOLDINGS INC Consumer Staples 275.00 2.55% 26.12.2014
6644 JT Equity OSAKI ELECTRIC CO LTD Information Technology 595.00 2.02% 26.09.2014
4008 JT Equity SUMITOMO SEIKA CHEMICALS CO Materials 401.00 2.49% 26.09.2014
6924 JT Equity IWASAKI ELECTRIC CO LTD Industrials 213.00
7970 JT Equity SHIN-ETSU POLYMER CO LTD Materials 378.00 2.65% 26.09.2013
5453 JT Equity TOYO KOHAN CO LTD Materials 354.00 2.26% 26.09.2014
1661 JT Equity KANTO NATURAL GAS DEVELOP Energy 680.00 1.76% 26.06.2014
6742 JT Equity KYOSAN ELECTRIC MFG CO LTD Industrials 354.00 2.82% 26.09.2014
6317 JT Equity KITAGAWA IRON WORKS CO LTD Industrials 167.00 1.50% 27.03.2015
6815 JT Equity UNIDEN CORP Information Technology 254.00 2.95% 27.03.2014
5344 JT Equity MARUWA CO LTD Information Technology 3100.00 1.03% 26.09.2014
4228 JT Equity SEKISUI PLASTICS CO LTD Materials 263.00 2.28% 26.09.2014
1819 JT Equity TAIHEI KOGYO CO LTD Industrials 360.00 2.22% 27.03.2014
6617 JT Equity TAKAOKA TOKO HOLDINGS CO LTD Industrials 1378.00 3.63% 26.09.2014
8178 JT Equity MARUETSU INC/THE Consumer Staples 347.00 1.73% 27.08.2014
4047 JT Equity KANTO DENKA KOGYO CO LTD Materials 270.00 26.09.2014
7756 JT Equity NIDEC COPAL CORP Consumer Discretionary 845.00 1.78% 26.09.2014
8029 JT Equity LOOK INC Consumer Discretionary 373.00 0.80% 26.12.2014
6505 JT Equity TOYO DENKI SEIZO -TOYO ELEC Industrials 324.00 1.85% 28.05.2014
2715 JT Equity ELEMATEC CORP Information Technology 1383.00 3.18% 26.09.2014
8248 JT Equity NISSEN HOLDINGS CO LTD Consumer Discretionary 357.00 2.80% 18.06.2014
4825 JT Equity WEATHERNEWS INC Industrials 2398.00 1.67% 27.11.2013
7952 JT Equity KAWAI MUSICAL INSTRUMENTS MF Consumer Discretionary 174.00 2.30% 27.03.2015
2290 JT Equity YONEKYU CORP Consumer Staples 881.00 2.04% 25.02.2015
At The Money Implied Volatilities by Terms
Option Implied Volatility Skew Parameters by Terms:
IVt = atx + btx2
+ ct
TOPIX1000Index-TPX1000
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