Update : May 09, 2013
Mothers Global is not a new market section like the TSE First Section or Second Section, rather it is a collective term used to refer to foreign stocks and foreign stock depositary receipts listed on Mothers, introduced on December 1, 2006, to express more clearly the fact that issuers are foreign companies.
Investment in emerging enterprises based in regions such as Asia, which is set to increase in the future, is likely to involve various risk factors peculiar to foreign companies such as governing laws and organizational structure. Also, in light of the fact that, recently, the names of domestic companies are often written in katakana, investors are expected to have difficulty distinguishing between foreign companies and Japanese companies from their names alone. Against this background, TSE began collectively referring to foreign companies listed on Mothers as "Mothers Global" in a bid to express more clearly the fact that issuers are foreign companies and to enhance information services in relation to risk factors.
Name of TSE-listed foreign company
(Code, (Tentative) Listing Date)
Japaninvest Group plc
(3827, Dec. 07, 2006)
Xinhua Holdings Limited
(9399, Oct. 28, 2004)
|Stock or depositary receipts||Stock||Stock|
|Country of incorporation||U.K.||Cayman Islands (British West Indies)|
|Governing law||UK Law||Law of the Cayman Islands (British West Indies)|
|Is the company required to submit a "Report Concerning Risk Information Pertaining to Structure of Corporate Group" (*1)?||No||No|
|Do non-subsidiaries include a company for which timely disclosure is required in the same way as a subsidiary pursuant to the provisions of Article 402, Paragraph 1, Item 1, Sub-item q of the Securities Listing Regulations?||No||No|
|Main region(s) of operation||U.K.||China|
|Risk information (Securities Report) (*2)|