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JASDEC DVP Clearing Corporation Established on June 6, 2003

June 6, 2003

JASDEC established the JASDEC DVP Clearing Corporation (JDCC) on June 6, 2003, who is a wholly-owned subsidiary of JASDEC and provides clearing services when the DVP settlement system for non-exchange transaction deliveries will be implemented in May 2004.

Outline of JDCC:

Company Name JASDEC DVP Clearing Corporation
Date of Incorporation June 6, 2003
Capital 10 million yen
(Capital will be increased to 300 million yen before it begins its operations in May 2004.)
Shareholder Japan Securities Depository Center, Inc.
Registered Head Office 1-1, Nihombashi-Kayaba-cho 2-chome Chuo-ku, Tokyo 103-0025, Japan
Scope of business Securities obligation undertaking business and incidental or related business to the main business (Subject to the approval by the Competent Ministers)
President Yoshinobu Takeuchi (President & CEO, JASDEC)
Executive Managing Hiromi Murai (Managing Director, JASDEC)
Managing Director Masao Yagi (Managing Director, JASDEC)
Auditor Takashi Daigo (Standing Auditor, JASDEC)

For further information contact:

  • DVP Group, Business Planning Dept., JASDEC
    Tel : +81-3-3661-5674
    E-mail : kanri@dvp.jasdec.com

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