The Book-Entry Transfer System for Shares, 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 share certificates, etc. for the shares, etc. of publicly listed companies.
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