Only six months remains until all stock certificates will eliminated in favor of electronic records. Yet as many as 660,000 shareholders in Kyushu and Okinawa Prefecture still retain paper stock certificates. A Japan Securities Dealers Association survey shows that Kyushu has the lowest rate of decline of this group of the 10 regions in Japan. The association says that autumn is the de facto deadline for conversion to ensure that the procedures will be completed in time.
- Local News
- Kyushu Lagging in Conversion of Paper Stock Certificates