Japanese Newswire Announces Full-service Japanese Language Press Release and Financial Disclosure Distribution Service.
The new JCN Japanese press release sevice will be available to listed companies worldwide who wish to improve their disclosure in Japan, and develop or improve investor relations within the Japanese financial community. The JCN Newswire Japanese feed will be distributed across all major financial terminals and databases in Japan, including Bloomberg, Reuters, Thomson, Factset and QUICK, the leading Japanese vendor.
"QUICK is pleased to carry the new JCN Newswire Japanese service on the QUICK system, as our Japanese customer base continues to diversify into foreign securities and demand for foreign market news in Japanese increases," said Mr. Takeharu Kubota, General Manager of Contents Editorial Department at QUICK. "Both buy- and sell-side in Japan appreciate any additional news flow in Japanese that might inform them in their investment strategies and research. We hope more and more foreign companies take advantage of this new opportunity to communicate their news and information to Japanese investors."
Bank of Japan statistics show Japan holding some $500 billion in equities, placing Tokyo third in equity assets under management after only New York and London. It has been recently estimated that North American equity stocks represent some 45% of this pool, from nearly 60% several years ago, while Euro stocks have risen slowly to over 16% and UK stocks to over 8%. Domestic equity holdings are estimated at around 24%, or $120 billion, of the total held.
"JCN Newswire Japan is intended to assist foreign issuers in delivering information quickly and efficiently to institutional investors, banks, insurance companies, pension funds and financial media in Japanese - a key element in any IR program directed towards the Japanese financial community," comments Bruce Porter, President and CEO of JCN. "Japanese investors continue to move weightings from debt to equity, and from passive index strategies to active management. As requirements for investment performance in Japan continue to increase, so too will requirements for information from overseas issuers. We are pleased to introduce this service."
Partners offering fulfillment to clients in Japanese through the new JCN service include US-based Marketwire, the preferred press release service of the NASDAQ, Paris-based CompanyNewsGroup, the European leader in corporate news distribution, and the RNS (Regulatory News Service) of the London Stock Exchange, which distributes the vast majority of company news and results announcements in the UK.
The Regulatory News Service (RNS) of the London Stock Exchange will offer the service to companies which are listed on the Exchange and are interested in providing their financial news in Japanese to their institutional shareholders in Japan. "We have had a lot of early interest from some of our issuers in having news and disclosure distributed into Japan in the local language," said Simon Wilkinson, Head of RNS in London.
Press release news delivered over the JCN Newswire Japanese service is indexed by all major Japanese news engines, including Excite, Google, Infoseek and Yahoo!, as articles appear on the JCN Japan news portal: www.japancorp.net/japan.
About Regulatory News Service (RNS)
RNS is a service of the London Stock Exchange that helps companies in the UK, Europe and the US meet financial communications objectives. The market leader in the UK, RNS has more experience with filing regulatory announcements than any other organization and is responsible for distributing more than 90% of UK company news and results announcements and over 40% of SEC filings on behalf of FTSE 100 companies. For more information, please visit www.londonstockexchange.com.
CompanynewsGroup was created in January 1999 and is a subsidiary of L'Agefi and Agence France Presse (A.F.P.) the French press agency. CompanynewsGroup, now the European leader in corporate news distribution, distributes news from nearly 3,000 companies to major disclosure points, including global information vendors, high-profile Internet portals and online databases. For more information, please visit www.companynewsgroup.com.
About Market Wire
Market Wire provides full-service distribution of company press releases and financial news announcements for more than 3,000 clients worldwide. Established in 1999, Market Wire recently entered into an alliance with NASDAQ, whereby Market Wire became the preferred provider of press release distribution services to NASDAQ-listed companies. For more information, please visit www.marketwire.com.
Copyright [c] 2005 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
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|Date:||Jul 20, 2005|
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