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Procedures for Shares

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Specific procedures apply to shares issued by our company. Administrative matters pertaining to our shares are outsourced to Sumitomo Mitsui Trust Bank, Limited, the administrator of our shareholder register.

Transfer from Special Account

Special account

Stock dematerialization was conducted on January 5, 2009. Share certificates not deposited at the Japan Securities Depository Center, Inc. by the implementation date are managed in special accounts opened by the Company at Sumitomo Mitsui Trust Bank, Limited, an institution that manages special accounts.

The Company opened special accounts at Sumitomo Mitsui Trust Bank, Limited, the institution managing special accounts, under laws and regulations to protect the rights of shareholders. Special accounts have been opened in the names printed on share certificates.

Shares managed in special accounts cannot be sold. To sell shares managed in special accounts, you need to open a securities account at a securities company and transfer shares to that securities account. You can apply to Sumitomo Mitsui Trust Bank, Limited to request the purchase of odd-lot shares without transferring shares managed in a special account.

  • If you have any shares in a special account, you will not be able to receive dividends for any stocks through your account at a securities company (dividends allocated in proportion to shares owned).

Transfer from special account

To sell shares managed in a special account, you need to open a securities account at a securities company and transfer shares to the securities account through a specified procedure (except for requesting the purchase of odd-lot shares). For further details, contact Sumitomo Mitsui Trust Bank, Limited or your securities company.

Address change

To change your registered address or name, please notify your securities company if you have deposited shares in the Company in an account at a securities company.

Share certificates not deposited at Japan Securities Depository Center, Inc. on the date of stock dematerialization in January 2009 have been transferred to special accounts at the institution managing special accounts (Sumitomo Mitsui Trust Bank, Limited). In this case, please notify Sumitomo Mitsui Trust Bank, Limited of the change of your address or name.

Procedure for inheritance of shares

Please carry out the procedure at the securities company of the deceased. For details about the procedure, please contact the securities company.

  • If you have share certificates of the deceased with you, the shares may be managed in an account in the institution managing special accounts (Sumitomo Mitsui Trust Bank, Limited) in the name of the deceased. In this case, please undertake the inheritance procedures at Sumitomo Mitsui Trust Bank, Limited.

Fractional Shares

The unit amount of the Company's shares is 100. A number of shares less than one unit (1-99 shares) cannot be traded on the market.
The Company therefore introduces a "share buyback system," under which it will purchase fractional units of shares from the shareholders and a "share sale system," under which it will allow the fractional unit shareholders to buy additional shares in order to make up to one unit (100 shares).

How to submit a request to purchase fractional shares

The Company will purchase fractional unit of shares held by shareholders and pay cash for the shares. Requests for the purchase can be made via a stock broker or Sumitomo Mitsui Trust Bank, Limited, which is Company's shareholder registry administrator. The commission rate will be the same as what is charged for stock broking.

Procedures for the sale of the fractional unit of shares that are on custody at a broker must be completed via the broker. However, procedures for shares that are managed in a special account must be completed via the account administrator (Sumitomo Mitsui Trust Bank, Limited).
For further information, please see the web site of Sumitomo Mitsui Trust Bank, Limited.

How to submit a request to buy additional shares

Shareholders who own fractional unit of shares (1-99 shares) can purchase additional shares sufficient to make up one unit from the Company. Requests for the buy can be made via a stock broker or Sumitomo Mitsui Trust Bank, Limited, which is Company's shareholder registry administrator.

If the shares are managed under a special account, procedures must be completed via the special account administrator (Sumitomo Mitsui Trust Bank, Limited), and the estimated amount required must be paid into the designated account in advance.
For further information, please see the web site of Sumitomo Mitsui Trust Bank, Limited.

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