A
A special account is an account opened at a trust bank or another financial institution (usually the shareholder registry administrator) by the share issuing company in order to preserve the right of the shareholder concerning share certificates not deposited with the JASDEC when shifting to the electronic share certificate system. Note that this account is not a trading account used to sell shares. To sell shares recorded in a special account, you will need to open a trading account with a securities company in your name in advance to transfer the balance of shares. Further, it takes around three weeks to open a special account after converting to electronic share certificates. Share transfer procedures cannot be completed during this time.