Supplementary Provisions, Article 36Transitional Measures Accompanying the Partial Amendment of the Commercial Code
第三十六条(商法の一部改正に伴う経過措置)
In the case where a judgment invalidating the disposal of own shares held by a company has become final and binding, if that company gave the public notice or notice under Article 280-17, paragraph (2) of the Former Commercial Code as applied mutatis mutandis in Article 211, paragraph (3) of the Commercial Code prior to the amendment by the provisions of Article 2 (hereinafter referred to as the "Former Commercial Code") before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 280-17, paragraph (3) of the Amended Commercial Code as applied mutatis mutandis in Article 211, paragraph (3) of the Amended Commercial Code.
会社が有する自己の株式の処分を無効とする判決が確定した場合において、当該会社が一部施行日前に第二条の規定による改正前の商法(以下「旧商法」という。)第二百十一条第三項において準用する旧商法第二百八十条ノ十七第二項の規定による公告又は通知をしたときは、新商法第二百十一条第三項において準用する新商法第二百八十条ノ十七第三項の規定にかかわらず、なお従前の例による。
In the case where a company that intends to retire shares gave the public notice or notice under Article 215, paragraph (1) of the Former Commercial Code as applied mutatis mutandis in Article 213, paragraph (2) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 213, paragraph (4) of the Amended Commercial Code.
株式の消却をしようとする会社が一部施行日前に旧商法第二百十三条第二項において準用する旧商法第二百十五条第一項の規定による公告又は通知をした場合においては、新商法第二百十三条第四項の規定にかかわらず、なお従前の例による。
In the case where a company that intends to consolidate shares gave the public notice or notice under Article 215, paragraph (1) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 215-2 of the Amended Commercial Code.
株式の併合をしようとする会社が一部施行日前に旧商法第二百十五条第一項の規定による公告又は通知をした場合においては、新商法第二百十五条ノ二の規定にかかわらず、なお従前の例による。
In the case where a company that intends to convert shares with a compulsory conversion clause prescribed in Article 222-9, paragraph (1) of the Former Commercial Code gave the public notice or notice under paragraph (2) of that Article before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 222-9, paragraph (5) of the Amended Commercial Code.
旧商法第二百二十二条ノ九第一項に規定する強制転換条項付株式の転換をしようとする会社が一部施行日前に同条第二項の規定による公告又は通知をした場合においては、新商法第二百二十二条ノ九第五項の規定にかかわらず、なお従前の例による。
In the case where a judgment invalidating the issue of new shares by a company has become final and binding, if that company gave the public notice or notice under Article 280-17, paragraph (2) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 280-17, paragraph (3) of the Amended Commercial Code.
会社の新株発行を無効とする判決が確定した場合において、当該会社が一部施行日前に旧商法第二百八十条ノ十七第二項の規定による公告又は通知をしたときは、新商法第二百八十条ノ十七第三項の規定にかかわらず、なお従前の例による。
In the case where a company that adopted the resolution under the latter part of Article 280-36, paragraph (1) of the Former Commercial Code gave the public notice or notice under paragraph (2) of that Article before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 280-36, paragraph (4) of the Amended Commercial Code.
旧商法第二百八十条ノ三十六第一項後段の決議をした会社が一部施行日前に同条第二項の規定による公告又は通知をした場合においては、新商法第二百八十条ノ三十六第四項の規定にかかわらず、なお従前の例による。
In the case where a company that adopted the resolution under Article 348, paragraph (1) of the Former Commercial Code gave the public notice or notice under Article 350, paragraph (1) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 350-2 of the Amended Commercial Code.
旧商法第三百四十八条第一項の決議をした会社が一部施行日前に旧商法第三百五十条第一項の規定による公告又は通知をした場合においては、新商法第三百五十条ノ二の規定にかかわらず、なお従前の例による。
In the case where a company that becomes a wholly owned subsidiary through a share exchange gave the public notice or notice under Article 359, paragraph (1) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern.
株式交換により完全子会社となる会社が一部施行日前に旧商法第三百五十九条第一項の規定による公告又は通知をした場合においては、なお従前の例による。
In the case where a company that becomes a wholly owning parent company through a share exchange gave the public notice or notice under Article 350, paragraph (1) of the Former Commercial Code as applied mutatis mutandis in Article 362, paragraph (2) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 350-2 of the Amended Commercial Code as applied mutatis mutandis in Article 362, paragraph (2) of the Amended Commercial Code.
株式交換により完全親会社となる会社が一部施行日前に旧商法第三百六十二条第二項において準用する旧商法第三百五十条第一項の規定による公告又は通知をした場合においては、新商法第三百六十二条第二項において準用する新商法第三百五十条ノ二の規定にかかわらず、なお従前の例による。
In the case where a judgment invalidating a share exchange of a company has become final and binding, if that company gave the public notice or notice under Article 280-17, paragraph (2) of the Former Commercial Code as applied mutatis mutandis in Article 363, paragraph (5) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 280-17, paragraph (3) of the Amended Commercial Code as applied mutatis mutandis in Article 363, paragraph (5) of the Amended Commercial Code.
会社の株式交換を無効とする判決が確定した場合において、当該会社が一部施行日前に旧商法第三百六十三条第五項において準用する旧商法第二百八十条ノ十七第二項の規定による公告又は通知をした場合においては、新商法第三百六十三条第五項において準用する新商法第二百八十条ノ十七第三項の規定にかかわらず、なお従前の例による。
In the case where a company that becomes a wholly owned subsidiary through a share transfer gave the public notice or notice under Article 368, paragraph (1) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern.
株式移転により完全子会社となる会社が一部施行日前に旧商法第三百六十八条第一項の規定による公告又は通知をした場合においては、なお従前の例による。
In the case where a company that succeeds to a business through an absorption-type split gave the public notice or notice under Article 350, paragraph (1) of the Former Commercial Code as applied mutatis mutandis in Article 374-31, paragraph (2) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 350-2 of the Amended Commercial Code as applied mutatis mutandis in Article 374-31, paragraph (2) of the Amended Commercial Code.
吸収分割により営業を承継する会社が一部施行日前に旧商法第三百七十四条ノ三十一第二項において準用する旧商法第三百五十条第一項の規定による公告又は通知をした場合においては、新商法第三百七十四条ノ三十一第二項において準用する新商法第三百五十条ノ二の規定にかかわらず、なお従前の例による。
In the case where a company that is to be extinguished through a merger gave the public notice or notice under Article 413-4, paragraph (1) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern.
合併により消滅する会社が一部施行日前に旧商法第四百十三条ノ四第一項の規定による公告又は通知をした場合においては、なお従前の例による。
In the case where a company that survives after a merger gave the public notice or notice under Article 350, paragraph (1) of the Former Commercial Code as applied mutatis mutandis in Article 416, paragraph (4) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern, notwithstanding the provisions of Article 350-2 of the Amended Commercial Code as applied mutatis mutandis in Article 416, paragraph (4) of the Amended Commercial Code.
合併後存続する会社が一部施行日前に旧商法第四百十六条第四項において準用する旧商法第三百五十条第一項の規定による公告又は通知をした場合においては、新商法第四百十六条第四項において準用する新商法第三百五十条ノ二の規定にかかわらず、なお従前の例による。
In the case where the certain period prescribed in Article 224-3, paragraph (1) of the Former Commercial Code (hereinafter referred to as the "closing period" in this Article) begins to run before the Partial Effective Date and expires on or after the Partial Effective Date, the company referred to in that paragraph may, even on or after the Partial Effective Date, refrain from changing the entries or records in the shareholder register until the time of the expiration of that closing period (hereinafter referred to as the "end of the closing period" in this Article).
旧商法第二百二十四条ノ三第一項に規定する一定期間(以下この条において「閉鎖期間」という。)が一部施行日前に進行を開始し、一部施行日以後に満了する場合には、一部施行日以後も、当該閉鎖期間の満了の時(以下この条において「閉鎖期間満了時」という。)までは、同項の会社は、株主名簿の記載又は記録の変更を行わないことができる。
In the case prescribed in the preceding paragraph, when a company that has fixed a closing period intends to fix the certain date prescribed in Article 219, paragraph (1) of the Amended Commercial Code (including as applied mutatis mutandis under Article 221, paragraph (6) of the Amended Commercial Code), Article 280-4, paragraph (3) of the Amended Commercial Code (including as applied mutatis mutandis under Article 280-25, paragraph (3) and Article 341-15, paragraph (4) of the Amended Commercial Code) and Article 374-7, paragraph (1) of the Amended Commercial Code (including as applied mutatis mutandis under Article 374-31, paragraph (3) of the Amended Commercial Code), that date must be a date after the last day of the closing period.
In the case prescribed in paragraph (15), until the end of the closing period, the provisions then in force continue to govern the voting rights of the following persons:
a person who became a shareholder during that closing period pursuant to the provisions of Article 220-5, paragraph (1) of the Amended Commercial Code;
当該閉鎖期間内に新商法第二百二十条ノ五第一項の規定により株主となった者
a shareholder who, during that closing period, made a request for conversion of shares with a conversion right prescribed in Article 222-3 of the Amended Commercial Code;
当該閉鎖期間内に新商法第二百二十二条ノ三に規定する転換予約権付株式の転換の請求をした株主
in the case where the conversion of shares with a compulsory conversion clause prescribed in Article 222-9, paragraph (1) of the Amended Commercial Code took effect during that closing period, a shareholder of those shares with a compulsory conversion clause;
当該閉鎖期間内に新商法第二百二十二条ノ九第一項に規定する強制転換条項付株式の転換の効力が生じた場合における当該強制転換条項付株式の株主
a person who exercised a stock acquisition right (including one attached to a bond with stock acquisition rights) during that closing period.
当該閉鎖期間内に新株予約権(新株予約権付社債に付されたものを含む。)を行使した者
In the case prescribed in paragraph (15), if a share certificate loss registration is cancelled pursuant to the provisions of Article 230-4, paragraph (6) of the Amended Commercial Code before the end of the closing period, then, notwithstanding the provisions of paragraph (15), the company referred to in that paragraph must change the entries or records in the shareholder register for a person who filed an objection to registration against that share certificate loss registration and who made the request under paragraph (3) of that Article.
With regard to a company whose articles of incorporation provide for the designation of a closing period as of the Partial Effective Date (including a company that received certification of the articles of incorporation before the Partial Effective Date and is to be established after the Partial Effective Date (hereinafter referred to as a "company in the process of incorporation" in this paragraph)) and whose articles of incorporation do not provide for the designation of a certain date under Article 224-3, paragraph (1) of the Former Commercial Code, a resolution on an amendment to the articles of incorporation designating, as the certain date under that paragraph, the day before the first day of that closing period, for the purpose of determining the persons who are to exercise rights as shareholders or pledgees, is deemed to have been adopted on the Partial Effective Date (in the case of a company in the process of incorporation, on the day of its establishment). In this case, the content of those rights must be determined by a resolution of the board of directors.
With regard to share certificates deposited pursuant to the provisions of Article 226-2, paragraph (2) of the Former Commercial Code before the Partial Effective Date, the provisions then in force continue to govern.
一部施行日前に旧商法第二百二十六条ノ二第二項の規定により寄託された株券については、なお従前の例による。
In the case where an issue of new shares or a disposal of own shares was made with the day before the Partial Effective Date as the payment date, the subscriber of those new shares or own shares becomes a shareholder from the Partial Effective Date.
一部施行日の前日を払込期日として新株の発行又は自己株式の処分をした場合においては、当該新株又は自己株式の引受人は、一部施行日から株主となる。
Partial Effective Datemachine translation
「一部施行日」
The date, set by Cabinet Order (政令) within one year of promulgation, on which the provisions named in the proviso to Article 1 of the supplementary provisions (附則) of Act No. 88 of 2004 come into effect — among them Article 2 of that Act, which amended the Commercial Code.
Short name set inSupplementary Provisions, Article 1, paragraph (1)
Former Commercial Codemachine translation
「旧商法」
This Act as it stood before Article 2 of Act No. 88 of 2004 amended it.
Short name set inSupplementary Provisions, Article 36, paragraph (1)
closing periodmachine translation
「閉鎖期間」
A fixed period set under Article 224-3, paragraph (1) of the Commercial Code as it stood before Act No. 88 of 2004 amended it; where one began before that Act's partial effective date (一部施行日) and ends after it, the company may leave its shareholder register (株主名簿) unchanged until it ends.
Short name set inSupplementary Provisions, Article 36, paragraph (15)· applies only in this article
end of the closing periodmachine translation
「閉鎖期間満了時」
The time a closing period (閉鎖期間) ends, until which the company may leave its shareholder register (株主名簿) unchanged.
Short name set inSupplementary Provisions, Article 36, paragraph (15)· applies only in this article
company in the process of incorporationmachine translation
「設立中の会社」
In Article 36, paragraph (19) of the supplementary provisions (附則) of Act No. 88 of 2004, a company whose articles of incorporation were certified before the partial effective date (一部施行日) of that Act and that is formed after it.
Short name set inSupplementary Provisions, Article 36, paragraph (19)· applies only in this paragraph
articles of incorporation
定款
A company's own basic rules, written by its founders when it is formed: at least its purpose, its trade name, where its head office is, the value of the property contributed at incorporation and who the founders are (Companies Act, Article 27). A stock company's must be certified by a notary before it takes effect (Article 30, paragraph (1)), and can later be changed by a resolution of the shareholders meeting (Article 466). Many rules in the Act apply "unless the articles of incorporation provide otherwise", so a company's articles decide a great deal of how the Act applies to it.
Written by AI using Companies Act, Arts. 26, 27, 30, 466, 575 as a reference.
board of directors
取締役会
The body made up of all of a stock company's directors (Companies Act, Article 362, paragraph (1)). It decides how the company's business is carried out, supervises the directors, and appoints and removes the representative directors (代表取締役) (Article 362, paragraphs (2) and (3)) — except in a company with a nominating committee and the other committees (指名委員会等設置会社), where it appoints representative executive officers (代表執行役) instead (Articles 416 and 420). Some decisions, such as disposing of important assets or borrowing a large amount, it normally may not hand to the directors (Article 362, paragraph (4)). A company with an audit and supervisory committee (監査等委員会設置会社) can hand more of them to directors (Article 399-13, paragraphs (5) and (6)), and a company with the committees hands them to executive officers (執行役) rather than directors (Article 416, paragraphs (3) and (4)). A company chooses in its articles of incorporation whether to have one (Article 326, paragraph (2)), but a public company (公開会社), among others, must (Article 327, paragraph (1)): a public company is one whose articles of incorporation let at least some of its shares change hands without the company's approval (Article 2, item (v)). A company with a board must have at least three directors (Article 331, paragraph (5)).
Written by AI using Companies Act, Arts. 2, 326, 327, 331, 362, 399-13, 416, 420 as a reference.