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Tsurushima resigns as TSE president over system problems

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima speaks during a news conference in Tokyo on Dec. 20 after resigning the same day to take responsibility for serious problems with the TSE's computer system that roiled the market recently.

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Nishimuro doubles as TSE president after Tsurushima resigns

TOKYO, Japan - Tokyo Stock Exchange Chairman Taizo Nishimuro speaks during a news conference in Tokyo on Dec. 20. Nishimuro will double as TSE president for the time being after President Takuo Tsurushima resigned to take responsibility for serious problems with the TSE's computer system that roiled the market recently.

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TSE to cut execs' wages up to 50% over system crash

TOKYO, Japan - Takuo Tsurushima, president of the Tokyo Stock Exchange, speaks to reporters in Tokyo on Nov. 10 about punishments against TSE executives over the Nov. 1 massive computer system breakdown at the TSE.

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Fujitsu's inadequate instructions led to trading suspension: TSE

TOKYO, Japan - Takuo Tsurushima, president of the Tokyo Stock Exchange, bows in apology at the beginning of a news conference at the TSE in central Tokyo on Nov. 7.

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TSE to set up panel to find causes of system failure

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima bows in a gesture of apology at a press conference at his office on Nov. 2. He said TSE will set up a committee, with members from outside the bourse, to look into why its trading systems failed the previous day and how it can prevent a recurrence.

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Ukrainian President Yushchenko visits Tokyo Stock Exchange

TOKYO, Japan - Ukrainian President Viktor Yushchenko (L) talks with Takuo Tsurushima, president of the Tokyo Stock Exchange as he visits there on July 21.

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TSE needs to be best in Asia, says Nishimuro

TOKYO, Japan - Taizo Nishimuro, who is set to become the first chairman of Tokyo Stock Exchange Inc. next week, shakes hands with TSE President Takuo Tsurushima at the TSE building on June 22. Nishimuro said that Japan's largest bourse is making efforts for going public so it can secure its place as Asia's best stock market.

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TSE has no intention to spin off regulatory division

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima tells a press conference on May 17 that TSE has no intention to spin off the division that sets rules for listing applications and equities transactions when the bourse becomes a listed company later in 2005. ''To ensure the credibility of the market, it is inevitable that a market operator exercises self-regulatory functions on its own,'' Tsurushima said.

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TSE decides to delist Kanebo in June for accounting fraud

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima (L) says May 12 in Tokyo the TSE decided the same day to delist Kanebo Ltd. on June 13 for accounting fraud over the five years through March 2004.

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Crown Prince Naruhito visits TSE

TOKYO, Japan - Crown Prince Naruhito (R) listens to an explanation by Takuo Tsurushima, president of the Tokyo Stock Exchange, at TSE Arrows, the site of the former trading floor converted into an information center in 2000, on July 23. The prince visited the TSE in Tokyo's Kabutocho financial district for the first time. (Pool photo)

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New president of Tokyo Stock Exchange

TOKYO, Japan - Takuo Tsurushima who assumed the presidency of Tokyo Stock Exchange Inc. (TSE) on April 1, 2004.

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New TSE head vows to list stock in TSE

TOKYO, Japan - Takuo Tsurushima, new president of the Tokyo Stock Exchange Inc. (TSE), speaks at his inaugural press conference on April 1. Tsurushima said he will do his utmost to list TSE stock on Japan's largest bourse in fiscal 2005 and strengthen its international competitiveness.

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TSE, NYSE looking to list each others' shares

NEW YORK, United States - Takuo Tsurushima, vice president of the Tokyo Stock Exchange (TSE), speaks in a lecture in New York on Nov. 23. Later he told journalists that TSE and the New York Stock Exchange (NYSE) are discussing the feasibility of trading the stocks listed on each other's stock exchanges.

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TSE decides to delist Kanebo in June for accounting fraud

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima (L) says May 12 in Tokyo the TSE decided the same day to delist Kanebo Ltd. on June 13 for accounting fraud over the five years through March 2004. (Kyodo)

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TSE has no intention to spin off regulatory division

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima tells a press conference on May 17 that TSS has no intention to spin off the division that sets rules for listing applications and equities transactions when the bourse becomes a listed company later in 2005. ''To ensure the credibility of the market, it is inevitable that a market operator exercises self-regulatory functions on its own,'' Tsurushima said. (Kyodo)

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TSE needs to be best in Asia, says Nishimuro

TOKYO, Japan - Taizo Nishimuro, who is set to become the first chairman of Tokyo Stock Exchange Inc. next week, shakes hands with TSE President Takuo Tsurushima at the TSE building on June 22. Nishimuro said that Japan's largest bourse is making efforts for going public so it can secure its place as Asia's best stock market. (Kyodo)

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Ukrainian President Yushchenko visits Tokyo Stock Exchange

TOKYO, Japan - Ukrainian President Viktor Yushchenko (L) talks with Takuo Tsurushima, president of the Tokyo Stock Exchange as he visits there on July 21. (Kyodo)

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TSE to set up panel to find causes of system failure

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima bows in a gesture of apology at a press conference at his office on Nov. 2. He said TSE will set up a committee, with members from outside the bourse, to look into why its trading systems failed the previous day and how it can prevent a recurrence. (Kyodo)

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TSE to cut execs' wages up to 50% over system crash

TOKYO, Japan - Takuo Tsurushima, president of the Tokyo Stock Exchange, speaks to reporters in Tokyo on Nov. 10 about punishments against TSE executives over the Nov. 1 massive computer system breakdown at the TSE. (Kyodo)

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TSE to cut execs' wages up to 50% over system crash

TOKYO, Japan - Takuo Tsurushima, president of the Tokyo Stock Exchange, speaks to reporters in Tokyo on Nov. 10 about punishments against TSE executives over the Nov. 1 massive computer system breakdown at the TSE. (Kyodo)

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Nishimuro doubles as TSE president after Tsurushima resigns

TOKYO, Japan - Tokyo Stock Exchange Chairman Taizo Nishimuro speaks during a news conference in Tokyo on Dec. 20. Nishimuro will double as TSE president for the time being after President Takuo Tsurushima resigned to take responsibility for serious problems with the TSE's computer system that roiled the market recently. (Kyodo)

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Fujitsu's inadequate instructions led to trading suspension: TSE

TOKYO, Japan - Takuo Tsurushima, president of the Tokyo Stock Exchange, bows in apology at the beginning of a news conference at the TSE in central Tokyo on Nov. 7. (Kyodo)

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Tsurushima nominated president of Tokyo Stock Exchange

TOKYO, Japan - Tokyo Stock Exchange Inc. (TSE) on March 16 nominated Takuo Tsurushima (file photo), a former TSE vice president, as its president to succeed the late Masaaki Tsuchida. The appointment, approved at a board meeting, will take effect on April 1 upon approval by a shareholders' meeting the same day. (Kyodo)

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Tsurushima resigns as TSE president over system problems

TOKYO, Japan - Tokyo Stock Exchange President Takuo Tsurushima speaks during a news conference in Tokyo on Dec. 20 after resigning the same day to take responsibility for serious problems with the TSE's computer system that roiled the market recently. (Kyodo)

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Crown Prince Naruhito visits TSE

TOKYO, Japan - Crown Prince Naruhito (R) listens to an explanation by Takuo Tsurushima, president of the Tokyo Stock Exchange, at TSE Arrows, the site of the former trading floor converted into an information center in 2000, on July 23. The prince visited the TSE in Tokyo's Kabutocho financial district for the first time. (Pool photo)(Kyodo)

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New TSE head vows to list stock in TSE

TOKYO, Japan - Takuo Tsurushima, new president of the Tokyo Stock Exchange Inc. (TSE), speaks at his inaugural press conference on April 1. Tsurushima said he will do his utmost to list TSE stock on Japan's largest bourse in fiscal 2005 and strengthen its international competitiveness. (Kyodo)

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New president of Tokyo Stock Exchange

TOKYO, Japan - Takuo Tsurushima who assumed the presidency of Tokyo Stock Exchange Inc. (TSE) on April 1, 2004. (Kyodo)

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TSE, NYSE looking to list each others' shares

NEW YORK, United States - Takuo Tsurushima, vice president of the Tokyo Stock Exchange (TSE), speaks in a lecture in New York on Nov. 23. Later he told journalists that TSE and the New York Stock Exchange (NYSE) are discussing the feasibility of trading the stocks listed on each other's stock exchanges.