www.jpx.co.jp/equities/listing-on-tse/new/basic/05.html
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JDRスキーム（外国会社用） | 新規上場基本情報 | 日本取引所グループ
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https://www.jpx.co.jp/equities/listing-on-tse/new/basic/05.html
About this page
This page explains the JDR (Japanese Depositary Receipt) scheme used for foreign companies listing on the Tokyo Stock Exchange. JDR is a Japanese-style depositary receipt system established in 2007 to facilitate smooth trading of foreign securities domestically, similar to ADRs and GDRs. Issued under trust law, JDR beneficiaries receive trust-based protection. Benefits include enabling fundraising when direct listing is difficult and allowing domestic investors to invest without opening foreign securities accounts.
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