Taking these circumstances into account, Japan Securities Clearing Corp., who performs clearing services for trades made on the Tokyo Stock Exchange, has determined today to change settlement conditions for settlement of trades of J-COM Co., Ltd. shares made on December 8.
Through this decision, large scale incompletion of settlements on the settlement day and long-term extension of the problem can be averted, and as such is appropriate for restoring and ensuring order and trust in the market.In consideration of this decision, the TSE will resume trading of shares of J-COM on December 14, after the completion of settlement of trades made on December 8 (trading will continue to be halted until the end of the day on December 13). With this decision, the TSE is fully committed to making efforts to normalize trading of the company's shares.
Takuo Tsurushima
President/CEO
Tokyo Stock Exchange, Inc.
This English version announcement is not an officially accurate translation of the original Japanese announcement. In the case where any differences may occur in the English version, the original Japanese announcement will prevail. TSE shall not accept any responsibility for damages caused by any errors, inaccuracies, misunderstandings or misspelling with regard to the translation of the announcement. This announcement may be used only for reference purposes. This Tokyo Stock Exchange, Inc. maintains the right to claim compensation from violators for any damages it may suffer from the violation of these conditions.
