2009/01/05

Japanese Law No.3 Electronic Share System (Paperless Share System)

Happy New Year!

I’ve just filed for two registrations online in this morning.
One is the corporation merger registration and the other is the real estate registration of inheritance.
Each application number is No.19 and No.21 at each legal Affairs Bureau.
I feel anew the financial condition is not very promising.

In order to adapt to Electronic Share System (Paperless Share System) which came into effect today, the listed company (hereinafter “the company”):
1. has been deemed that the company has resolved to abolish the articles for Issuance of Share Certificate in its articles of Incorporation; and
2. must file for alteration registration of abolishing the articles for Issuance of Share Certificate at legal Affairs Bureau within two weeks effective today.
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