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The Transition to the Dematerialization of Stock Certificates in Japan～ Reform Promotion Center for Securities Clearing and Settlement System Japan Securities Dealers Association September 2004 1 Table of Contents 1. Introduction...........................................................................2 2. Enforcement Date ..................................................................3 3. The Basic Scheme of the New Law.........................................3 (1) Holders of Rights .........................................................................................................3 (2) Securities applicable to the New Law........................................................................3 (3) Provisions concerning Stocks of All Corporations .....................................................3 (4) Provisions concerning Stocks of Publicly-held Corporations ..................................4 4. Other Provisions ....................................................................6 Figure 1. New Book-entry Transfer System..............................................................................7 Figure 2. Current System .......................................................................................................8 5. Questions and Answers ..........................................................9 2 1. Introduction The dematerialization of commercial paper (CP), Japanese government bonds (JGBs), corporate bonds, beneficial rights of investment trusts and other securities, have sequentially been legislated in Japan up to now. Further,“Law for partial amendments to the Law concerning Book-entry Transfer of Corporate Bonds and other securities for the purpose ...

Towards Japan Securities Settlement Systems and Infrastructure Reform (Summary) [English Translation] November 2002 The Committee for Reform of Securities Clearing and Settlement System The Securities Settlement System Reform Promotion Working Group 1 Introduction Maintaining Japan’s position as a leading international capital market requires the development of a more efficient, more accessible, and lower risk securities settlement system. To achieve this goal, Japan will need to continuously promote reform of securities settlement practices and the underlying infrastructure. Proper implementation of such a large-scale, industry-wide reform program requires strong commitment and agreement among all market participants. The goal of this report is: (1) to share the strategic importance and goals of the Reform among industry participants (Chapter 3), (2) to recognize and understand the issues/challenges currently faced (Chapter 4), (3) to provide an overview of future securities settlement systems (Chapter 5), and (4) to define the master schedule ...

Consolidation Memo of Points of Issue in Earlier ( or Tentative) Implementation of DVP (Delivery Versus Payment) for CP December 5, 2001 Working Group on Promoting Reform of the Securities Settlement System Points Opinions and Views Comments 1.Settlement verification system ·Even with earlier implementation, it is desirable that a settlement verification system be in place, assuming a multi-layered system and T+0. ·We will continue to consider factors involved in the expansion of the settlement verification system of the CSD, including the development and testing periods and the burden on users. 2. Issuing scheme·As proposed by the Japan CP Association, it is preferable to implement a CSD-based DVP scheme to ensure a solid link betwee n cash settlement and initial security record. ·There are no objections to proceeding in the direction of having the CSD use the real time numbering system needed to make T+0 issuance...

(Provisional English Translation) Demutualization Framework of Japan Securities Depository Center (JASDEC) November 2, 2001 Committee for Reform of Securities Clearing and Settlement System Japan Securities Dealers Association －1－ Demutualization Framework of Japan Securities Depository Center November 2, 2001 Committee for Reform of Securities Clearing and Settlement System Items Description Remarks １．Basic Management Policy (1) Basic Management Policy (2) Basic Financial Policies ○The basic management policy to be taken by the new company is to contribute to improving the functions of securities market by providing a highly secure, efficient and convenient infrastructure for the clearing and settlement of securities, and to contribute to the further development of the national economy by enhancing international competitiveness of the securities market, taking into account the matters below; ①Operating businesses that meet the needs of users of the securities depository and book-entry transfer system through direct governance by participants as its shareholders ...

Interim Report of the Committee for Reform of the Securities Clearing and Settlement System (Memorandum) Note: This is a tentative translation of the "Memorandum of the Interim Report of the Committee for Reform of the Securities Clearing and Settlement System " and has not been formally approved by the issuer of the report. The translation, prepared by the secretariat of the JSDA, is intended to facilitate understanding of the reform by the international audience. March 31, 2000 I. Introduction A securities clearing and settlement system superior in security, productivity, and efficiency is a basic infrastructure for securities markets. It is one of the most important issues yet to be tackled in Japan’s efforts to establish an internationally competitive financial center. In light of the globalization of securities transactions and worldwide competition among markets, major Western countries have already adopted "DVP" (Clearing versus Payment) for a wide range of securities, and ...

(Reference Translation) －1－ ©2024 Tokyo Stock Exchange, Inc. All rights reserved. DISCLAIMER: This translation may be used only for reference purposes. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, or misunderstanding with regard to this translation. Sep. 9, 2024 Listing Department Tokyo Stock Exchange, Inc. Outline of Initial Listing Issue *In line with the determination of the scheduled listing date for the company, the Scheduled Listing Date and the schedule for the Provisional Conditions Determination Date to the Settlement Date have been updated. The changes have been underlined in the information below. Company Name Nihon Suido Consultants ...

新規上場申請のための有価証券報告書 (Ⅰの部)の訂正報告書東京地下鉄株式会社 【表紙】 【提出書類】新規上場申請のための有価証券報告書(Ⅰの部)の訂正報告書 【提出先】株式会社東京証券取引所代表取締役社長岩永守幸殿 【提出日】2024年10月７日 【会社名】東京地下鉄株式会社 【英訳名】Tokyo Metro Co., Ltd. 【代表者の役職氏名】代表取締役社長山村明義 【本店の所在の場所】東京都台...

Decision on Delisting, etc.: Riken Corundum Company Limited | Japan Exchange Group Oct. 03, 2024 TSE Decision on Delisting, etc.: Riken Corundum Company Limited Post TSE has decided on delisting and designation as Securities to Be Delisted as follows. １．Delisting and Designation as Securities to Be Delisted （１）Issue Name Riken Corundum Company Limited stock (Code: 5395, Market Segment: Standard Market) （２）Period of Designation as 　　　Securities to Be Delisted From Oct. 3, 2024 (Thu.) to Nov. 4, 2024 (Mon.) （３）Delisting Date Nov. 5, 2024 (Tue.) (Note) In cases where circumstances in which the company should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date. （４）Reason 　　　(Related Clause) Due to falling under acquisition by a demand for share, etc. cash-out (Securities Listing Regulations, Rule 601, Paragraph 1, Item (17)) （５）Details of Reason Today, Riken Corundum ...

Daily Price Limits to be Broadened（ETF/ETN） : 6 issues | Japan Exchange Group Oct. 03, 2024 TSE Daily Price Limits to be Broadened（ETF/ETN） : 6 issues Post Since the auction of the following 6 issues closed at the upper (lower) price on the TSE, the upper daily price limit (lower price limit) will be broadened on the next business day (October 4) as follows. Listed Index Fund China A Share (Panda) E Fund CSI300 (Code: 1322) Upper daily price limit: 12,000 yen (Lower limit will remain 3,000 yen as per normal) Base price: 10,930 yen; Upper daily price limit: 22,930 yen; Lower daily price limit: 7,930 yen Global X China Electric Vehicle and Battery ETF (Code: 2254) Upper daily price limit: 1,200 yen (Lower limit will remain 300 yen as per normal) Base price: 1,100 yen; Upper daily price limit: 2,310 ...

Matching Mechanism for the First Day of Listing: Series 2 Bond-Type Class Shares of SoftBank Corp. | Japan Exchange Group Oct. 03, 2024 TSE Matching Mechanism for the First Day of Listing: Series 2 Bond-Type Class Shares of SoftBank Corp. Post Series 2 Bond-Type Class Shares of SoftBank Corp. (code: 94346) will be listed on Oct. 4. The matching mechanism to be applied to Series 2 Bond-Type Class Shares of SoftBank Corp. until the initial price is determined is shown below. This special matching mechanism is applied to first-time listed issues until its initial price is determined. 1. Order book center price JPY 8,000 (public offering price) 2. Quote renewal (1) Initial special quote An initial special (bid or ask) quote will be indicated at the order book center price. *) If there is a matching quote within the special quote renewal price interval from the ...