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The Book-entry Transfer System for stocks, etc. refers to the computerized management (issuance, transfer and redemption) of shareholders’ ownership rights (which had formerly been administered on the assumption of the physical existence of share certificates, etc.) through accounts established by JASDEC and securities companies etc. in accordance with the Act on Transfer of Bonds, Shares, etc. which abolished stock certificates, etc. for the stocks, etc. of publicly listed companies.
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