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Outline

An outline of the operations related to the custody services for foreign stock certificates, etc. is given below.

(1) Securities handled
Foreign stocks listed on a financial instruments exchanges, certificates of foreign share options, foreign investment trust beneficially certificates, foreign investment securities, beneficiary certificates of trusts that issue foreign beneficiary certificates, foreign covered warrants, depository receipt of foreign listed and foreign stock certificates, etc. (referred to as ‘Foreign stock certificates, etc.’).
(2) JASDEC Participants for Foreign stock certificates, etc.
JASDEC participants for foreign stock certificates, etc. are entities authorized by JASDEC to establish accounts on the basis of the Business regulations relating to the depository and Book-entry Transfer for Foreign stock certificates, etc.
(3) Custody of Foreign stock certificates, etc.
JASDEC provides custody services for foreign stock certificates, etc. at a local custodian. The stock certificates, etc. in custody are registered at the local custodian in JASDEC’s name or in the name of the local custodian.
(4) Book-entry Transfer for Foreign stock accounts
JASDEC provides book-entry transfer and non exchange trades book-entry transfer services for the settlement of trades in foreign stock certificates, etc. conducted on securities exchanges.
(5) Deposits and delivery operations for Foreign stock certificates, etc
JASDEC provides deposit (including book-entry transfer into JASDEC accounts at the local custodian) services into local custodian accounts in its own name and delivery (including book-entry transfer into accounts specified by the JASDEC participants for Foreign stock certificates, etc.) services from local custodian accounts in its own name for foreign stock certificates, etc.
(6) Processing of rights, etc. related to Foreign stock certificates, etc
In cases rights are created in connection with dividends and stock splits, etc., JASDEC provides distribution services for such dividends and stocks, etc. to the relevant shareholder on the basis of reports, etc. concerning the beneficial owner of the foreign shares, etc. received from the JASDEC participants for foreign stock certificates, etc. In cases where the beneficial owner of the overseas shares, etc. expresses an opinion in relation to the exercise of voting shares, JASDEC shall exercise the rights to the shares, etc. in question on the shareholder’s behalf.
(7) Stock and dividend payment processing
In relation to stock processing services for dealing with rights and dividend payment services, JASDEC, as trustee for its JASDEC participants for foreign stock certificates, etc, shall consign the execution of such functions to organizations dealing in stock business and to banks dealing in the payment of dividends.
(8) Notification of corporate actions
JASDEC provides notification to its JASDEC participants for foreign stock certificates, etc. about corporate actions related to stocks handled.

Regulations

For enquiries about the Custody Services for Foreign Stock Certificates, etc., please contact:

  • Global Equities, Book-Entry Transfer Department
    Telephone : +81-3-3661-3994

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