About the book-entry transfer system for stocks, etc.

The book-entry transfer system for stocks, etc. refers to the computerized management (issuance, transfer and cancellation) 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 Book-Entry Transfer of Company Bonds, Shares, etc. which abolished stock certificates, etc. for the stocks, etc. of publicly listed companies.
Having obtained the consent of issuers to do so, JASDEC conducts transactions through this book-entry transfer system for stocks, etc. in stocks listed publicly on securities exchanges, warrants for new shares, corporate bonds with warrants for new stock, investment units, preferred shares, beneficial interests in investment trusts and other items pertaining to these instruments.