History (as of March 2009)1984

Relevant
Legislation

Organizationof JASDECand its
Subsidiaries

1985

1991

1992

2000

2001

June 27th

May 15th

The Law for Partial
Amendments to the Law
Concerning Book-Entry Transfer
of Stock Certificates, etc. waspromulgated (thoroughly
effective on April 1st, 2002)

Law Concerning Central
Securities Depository andBook-Entry Transfer of Stock
Certificates and Other
Securities (CSD Law) waspromulgated (effective on
November 14th)

Dec. 6th

May 27th

Nov. 2nd

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

JASDEC was designated as thedepository organization under
the CSD Law

Detailed plan for conversion ofJASDEC to a joint-stockcompany was announced

Operation ofthe System

Sept. 10thPre-Settlement
Matching System (PSMS)
started64

J a p a n Securi ti es Depo si to ry C enter, Inc. A nn u al R e p ort 2 0 0 9

Oct. 9th

Oct. 9th

Nov. 26th

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

Full-scale depository andbook-entry transfer
business started

Handling of convertible
bonds started

Oct. 9th

May 8th

May 1stComputer system fordepository and book-entry
transfer began operation

New depository andbook-entry transfersystem launched

JASDEC launched
proprietary system for
DVP settlement ofexchange trades

2002

2003

2004

2005

2006

2007

2008

2009

June 9th

Jan. 5th

The Law for Partial Amendments to the Law
Concerning Book-entry Transfer of Corporate Bonds
and Other Securities for the Purpose of Streamlining
the Settlement for Trades of Stocks and OtherSecurities (Securities Trade Settlement Streamlining
Law) was promulgated

The Securities Trade
Settlement Streamlining Law
was enacted

Jan. 4th

Jan. 10th

Japan Securities
Depository Center, Inc.
was established

JASDEC received official designation as
Book-Entry Transfer Institution under thestipulations of the Law Concerning Book-Entry
Transfer of Corporate Bonds, etc.

June 17th
Japan Securities Depository
Center, Inc. took over all
depository and book-entry
transfer operations from the
JASDEC Foundation, which is
dissolved

June 6thApril 6th

JASDEC DVP
Clearing Corporation(JDCC) wasestablishedJDCC obtained a license forsecurities obligation assumption
business to act as a securities
clearing agency

March 31stJan. 10th

JASDEC inaugurated Short-Term
Corporate Bonds (CommercialPapers) Book-entry Transfer System

JASDEC inaugurated
Book-entry Transfer System for
Corporate Bonds

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

Jan. 4th
JASDEC inaugurated
Book-entry Transfer Systemfor Investment Trusts

Feb. 14th
JGB repo and gensaki (transactionswith repurchase agreement) wereadded to the list of targets of PSMS

May 1stJASDEC inaugurated Custody
services for Foreign Stocks

Jan. 4th

Jan. 5th

JASDEC inaugurated Book-entry
Transfer System for Investment
Ttrusts listed on the stock exchanges,
i.e. for Exchange-Traded Funds (ETFs).

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

Jan. 4th

Jan. 4th

JASDEC launched Securities
Information Tracing System(SITRAS) for lost stocks

Operations of SITRAS
were terminated

J ap an S e c urit ie s De p os it ory C e nt e r, I nc . A nnu al R e p ort 2 0 0 965