SOURCE: JCN Newswire

July 20, 2005 17:00 ET

Japanese Newswire Announces Full-Service Japanese Language Press Release and Financial Disclosure Distribution Service

TOKYO -- (MARKET WIRE) -- July 20, 2005 -- JCN Newswire, Japan's corporate press release newswire, has announced the addition of full-service Japanese language press release and financial disclosure services to its range of international distribution services. JCN Newswire has been offering an English-language press release service for Japanese corporate clients since 2001, and is now pleased to leverage its technology and extensive distribution network to create the first fully automated electronic press release distribution system in Japanese.

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 Market Wire, 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 JCN Newswire

Tokyo-based JCN Newswire was founded in 2001 to dissminate English language financial documentation and press release news from Japanese corporates to the global investor community. The JCN news feed is distributed simultaneously through major networks including Bloomberg, Reuters and Thomson Finanical, databases including Factiva, Factset, Finanical Times Global Services, Lexis-Nexis, Multex, Proquest and Thomson Dialog, carriers and vendors including Aquire Media, Comtex, Finanical Content, Marketwatch, Moreover and Thomson NewsEdge. In July 2005 JCN Newswire launched the first fully automated Japanese language press release feed across all major financial terminals and databases in Japan, including Bloomberg, Reuters, Thomson, Factset and QUICK, the leading Japanese vendor. For more information, please visit. www.jcnnewswire.net.

Contact Information

  • For additional information:
    Bruce Porter
    JCN Newswire
    +81-3-5791-1821
    Email Contact