International Services

As Japan's largest stock transfer agent, we provide a range of listing support services based on our extensive expertise and track record. We are commissioned by foreign companies seeking to list their shares on Japanese securities exchanges and Japan Securities Depository Center, Inc. to perform administrative services related to foreign equities as a stock administration agency.

In foreign equities, we are the stock transfer agent for 6 out of a total of 12 foreign corporations listed in Japan (as of march 31, 2011). We have a share of more than around 60% of the market for agency services for Japanese ETFs (as of march 31, 2011, on a trust balance basis. In the stock transfer agency business, MUTB provides trust beneficiary administration services.). We were entrusted with stock transfer agency services for the first overseas ETF (Kodex22) to be directly listed on the Japanese market. We also provide agency services for all 65 covered warrants (as of march 31, 2011) listed by one covered warrant firm on Japanese markets for the first time in September 2008. We also offered service provider operations in connection with the three-way merger of Citi Group Inc.

We provide support services for implementing Japan Depositary Receipt (JDR) programs, which are used by overseas corporate clients to procure funds in Japanese markets.

JDRs (Japan Depositary Receipts) are certificates of beneficiary interest in trust assets comprising overseas equities, ETNs, ETFs and other financial instruments. JDRs are issued in yen because they are listed on securities exchanges in Japan such as the Tokyo Stock Exchange and Osaka Securities Exchange. From the standpoint of JDR issuers, MUTB is responsible for trust asset administration, and provides various services, including distributing dividends to investors (beneficiaries).

"Fruit of Gold" Series

JDR