Since 1990's, while cross-holding of shares among Japanese listed companies had been rapidly dissolved and foreign investors and institutional investors had increased their stock holdings, the need to foster an environment where institutional and foreign investors could exercise voting rights properly had increased.
Under such circumstances, the Tokyo Stock Exchange (TSE) and Broadridge Financial Solutions, Inc. (Broadridge) have established an "Electronic Voting Platform for Foreign and Institutional Investors," and started operation of the platform from companies with 2005 December year-end. Currently more than 700 companies have already agreed to participate in the platform.
ICJ Incorporated is a joint venture company of TSE and Broadridge, which operates an Electronic Voting Platform for Foreign and Institutional Investors. For details, visit ICJ website.