51

Corporate
Information

Annual Report 2015

52History

1984

1985

1991

1992

2000

2001

May 15th

Relevant
Legislation

2002

2003

June 12th

Law Concerning Central Securities
Depository and Book-Entry Transfer ofStock Certificates and Other Securities(CSD Law) was promulgated (effectiveon November 14th)

The Act on Improvements, etc., of the Laws Related to the Improvements of theSecurities Market through a Reform of the Securities Settlement System, etc.
was promulgated (the Act on Transfer of Short-term Bonds, etc. was amendedto the Act on Transfer of Bonds, etc. The Securities and Exchange Act wasamended upon the establishment of the clearing organization system)

June 27th
The Law for Partial Amendments to the Law Concerning
Central Securities Depository and Book-Entry Transferof Stock Certificates and Other Securities as well as theAct on Transfer of Short-term Bonds, etc. werepromulgated (fully effective on April 1st, 2002)

Jan. 4th
Nov. 2ndOrganization ofJASDEC andits Subsidiary

Detailed plan for conversion of JASDEC
to a joint-stock company was announced

May 27th
JASDEC was designated as
the depository organization
under the CSD Law

Japan Securities Depository
Center, Inc. was establishedJan. 10th

JASDEC received official designation asBook-entry Transfer Institution under thestipulations of the Act on Transfer of Bonds, etc.

June 6th

June 17thDec. 6th

Japan Securities Depository Center, Inc.
took over all depository and book-entry
transfer operations from the JASDEC
Foundation, which was dissolved

Japan Securities Depository
Center (JASDEC), wasestablished as a foundation

JASDEC DVP Clearing
Corporation (JDCC) wasestablishedJan. 4th
JASDEC launched Securities
Information Tracing System(SITRAS) for lost stocks

Operation ofthe SystemMarch 31st

May 8th

May 1st

New depository and book-entry
transfer system launchedJASDEC launched proprietary JASDEC inaugurated
system for DVP settlement of Short-Term Corporate Bonds
exchange trades(Commercial Paper) Bookentry Transfer System

Oct. 9th
Depository and book-entry transfer
business started (initially for 50 listed
stocks on the TSE)

Oct. 9th
Computer system for depository andbook-entry transfer began operation

Sept. 10th
Pre-Settlement Matching System (PSMS) started

Oct. 9th
Full-scale depository and book-entry
transfer business started

Nov. 26th
Handling of convertible bonds started

Annual Report 2015

53History

20042005200620072008200920102014

June 9th

Jan. 5th

The Law for Partial Amendments to the Act on
Transfer of Bonds, etc. for the Purpose ofStreamlining the Settlement for Trades of Stocks
and Other Securities (Securities TradeSettlement Streamlining Law) was promulgated

The Securities Trade Settlement
Streamlining Law was enacted (the Act on
Transfer of Bonds, etc. was amended to theAct on Transfer of Bonds, Shares, etc.), andthe Law Concerning Central Securities
Depository and Book-Entry Transfer ofStock Certificates and Other Securities wasabolished

2015

April 6thJDCC obtained a license for securities
obligation assumption business to act
as a clearing organization in line withthe Securities and Exchange Act

July 24th
JASDEC migrated to theCompany with Nominating
Committee, etc.

Jan. 4th

Jan. 4th

JASDEC inaugurated
Book-entry Transfer System
for Investment Trusts

Operations of SITRAS
were terminatedJan. 4th
Jan. 10th
JASDEC inaugurated Book-entry
Transfer System for Corporate Bonds

Feb. 14th
JGB repo and gensaki (transactionswith repurchase agreement) wereadded to the list of targets of PSMSJASDEC inaugurated Book-entry Transfer System
for Investment Trusts listed on the stock
exchanges, i.e. for Exchange-Traded Funds (ETFs).

Jan. 6thJASDEC launched new system introducing
ISO 20022-based format, tolerance matchingfor non-residents’ transactions, and DVP
settlements for stock lending transactions

Jan. 5th
JASDEC inaugurated Book-entry
Transfer System for Stocks, etc.

July 1st
JASDEC inaugurated Japanese
Depository Receipts in Book-entry
Transfer System for Stocks, etc.

May 1stJASDEC inaugurated Custody
Services for Foreign Stocks

May 17th
DVP settlement system for Non-Exchange
Transaction Deliveries (NETDs) started

Annual Report 2015