In the Japanese stock market, cross-holding of shares among listed companies has been rapidly dissolved and foreign investors and institutional investors have increased their stock holdings. Furthermore, institutional investors have become more active in voting at shareholders meetings of companies in which they invest. Therefore, the need to fostering an environment where institutional and foreign investors can exercise voting rights properly has increased.
Under such circumstances, Tokyo Stock Exchange, Inc. and Japan Securities Dealers Association are proceeding to establish an "Electronic Voting Platform for Foreign and Institutional Investors."
About Platform
Development of Electronic Voting Platform