(Reference Translation)
Share certificates are scheduled to be dematerialized (i.e. the paperless share system is implemented) in January 2009. In order to consolidate fractional shares (meaning fractions under one share) that will not be included in the book entry transfer system after the dematerialization, some listed companies are planning to conduct stock splits and adopt Share Unit systems. These will be carried out without having shareholders submit their share certificates.
In such cases, the Tokyo Stock Exchange (TSE) will implement a trading suspension for a pre-determined period. The stocks that will be subject to the trading suspension are indicated in the table below.
If the dematerialization is conducted on Monday, January 5, 2009, the TSE will suspend trading of these stocks for a period from Thursday, December 25, 2008 to Tuesday, December 30 of the same year, and resume trading on Monday, January 5, 2009.
Issue | Code |
---|---|
Coca-cola Central Japan Co.,Ltd. | 2580 |
Nippon Paper Group, Inc. | 3893 |
DENTSU INC. | 4324 |
ROUND ONE Corporation | 4680 |
KYOTO KIMONO YUZEN CO.,LTD. | 7615 |
Resona Holdings, Inc. | 8308 |
Sumitomo Mitsui Financial Group,Inc. | 8316 |
Sapporo Hokuyo Holdings,Inc. | 8328 |
The Yachiyo Bank,Limited | 8409 |
Mizuho Financial Group,Inc. | 8411 |
East Japan Railway Company | 9020 |
NIPPON TELEGRAPH AND TELEPHONE CORPORATION | 9432 |
Impress Holdings,Inc. | 9479 |
(The TSE has prepared the above table based on disclosure documents published by each of those companies. The TSE will update the table from time to time when any change occurs.)
For more details about the dematerialization of share certificates (the paperless share system), please access the website of Reform Promotion Center for Securities Clearing and Settlement System
Reform Promotion Center For Securities Clearing And settlement System/Reports Release: