History

The Exchange’s predecessor, the Osaka Grain Exchange, was established in 1952 with the aim of rebuilding the prewar Dojima Rice Market with an eye toward listing rice in the future.

Since then, while playing an important role in the economy of the Kansai region as a commodity exchange for trading grains, the Exchange has undergone three mergers (with the Osaka Sugar Exchange and the Kobe Grain Exchange in 1993, when it was renamed the Kansai Agricultural Commodities Exchange; with the Kobe Raw Silk Exchange in 1997, when it was renamed the Kansai Commodities Exchange; and with the Fukuoka Commodities Exchange in 2006), until on August 8, 2011 it finally achieved its long-sought goal of listing rice, on a trial basis. In February 2013, when it took over the rice exchange from the Tokyo Grain Exchange, the Exchange took its current name, the Osaka Dojima Commodity Exchange, to express its profound responsibility as the operator of the only rice exchange in Japan.

After that, as it continued to proactively revise the structure of commodities listed, in preparation for officially listing rice on the Exchange, it strived to enhance the functions of the Exchange, through means including migrating in October 2018 from the previous Itayose Method to the global standard of continuous trading sessions. Also, as a commodity exchange which has inherited the legacy of Dojima, we aim to contribute to the growth and stimulation of Japan’s commodities futures markets.

Organization and Operation

This is the member Commodity Exchange which receives the permission of the Minister of Agriculture, Forestry and Fisheries, based on the futures transaction method, and it establishes a commodity futures market. The Board of Directors comprised of the Chairman and Directors picked by the General Meeting of the Members that is the decision-making best organization runs the normal business routine. In addition, as a consultative body about duties, we have various committee meetings.