If a stock company carries out any of the acts set forth below, the pledge for shares is effective with respect to the monies, etc. (meaning monies and other properties; the same applies hereinafter) which the shareholders of relevant shares are entitled to receive as a result of relevant act:
株式会社が次に掲げる行為をした場合には、株式を目的とする質権は、当該行為によって当該株式の株主が受けることのできる金銭等（金銭その他の財産をいう。以下同じ。）について存在する。
the acquisition of shares with put options pursuant to the provisions Article 167, paragraph (1);
the acquisition of shares subject to call pursuant to the provisions of Article 170, paragraph (1);
the acquisition of shares subject to class-wide call provided for in Article 171, paragraph (1) pursuant to the provisions of Article 173, paragraph (1);
第百七十三条第一項の規定による第百七十一条第一項に規定する全部取得条項付種類株式の取得
consolidation of shares;
株式の併合
share split;
株式の分割
allotment of shares without contribution provided for in Article 185;
allotment of share options without contribution provided for in Article 277;
第二百七十七条に規定する新株予約権無償割当て
dividends of surplus;
剰余金の配当
distribution of residual assets;
残余財産の分配
merger (but only if the stock company disappears in the merger);
合併（合併により当該株式会社が消滅する場合に限る。）
acquisition of shares (excluding the acts set forth in item (i) through item (iii)).
株式の取得（第一号から第三号までに掲げる行為を除く。）
If a special controlling shareholder (meaning a special controlling shareholder as prescribed in Article 179, paragraph (1); the same applies in Article 154, paragraph (3)) acquires shares subject to cash-out (meaning shares subject to cash-out prescribed in Article 179-2, paragraph (1), item (ii); hereinafter the same applies in this paragraph) by demand for cash-out (meaning demand for cash-out as prescribed in Article 179, paragraph (2)), the pledge for shares subject to cash-out is effective for monies that shareholders of relevant shares subject to the cash-out can receive by relevant acquisition.
特別支配株主（第百七十九条第一項に規定する特別支配株主をいう。第百五十四条第三項において同じ。）が株式売渡請求（第百七十九条第二項に規定する株式売渡請求をいう。）により売渡株式（第百七十九条の二第一項第二号に規定する売渡株式をいう。以下この項において同じ。）の取得をした場合には、売渡株式を目的とする質権は、当該取得によって当該売渡株式の株主が受けることのできる金銭について存在する。
Read this with the articles around it
shares with put options
「取得請求権付株式」
Shares whose terms let the shareholder demand that the company acquire them.
Defined inArticle 2, paragraph (1), item (xviii)· applies throughout the law
shares subject to call
「取得条項付株式」
Shares whose terms let the company acquire them from the shareholder when a specified event occurs.
Defined inArticle 2, paragraph (1), item (xix)· applies throughout the law
entity conversion
「組織変更」
A company's changing its legal form, either from a stock company into a membership company (a general partnership, limited partnership or limited liability company) or the other way round.
Defined inArticle 2, paragraph (1), item (xxvi)· applies throughout the law
share exchange
「株式交換」
A stock company's having all of its issued shares acquired by another existing stock company or limited liability company, which becomes its sole owner.
Defined inArticle 2, paragraph (1), item (xxxi)· applies throughout the law
share transfer
「株式移転」
One or more stock companies having all of their issued shares acquired by a newly formed stock company, which becomes their sole owner.
Defined inArticle 2, paragraph (1), item (xxxii)· applies throughout the law
monies, etc.machine translation
「金銭等」
Money and any other property.
Defined inArticle 151, paragraph (1)
shares subject to the cash-out
「売渡株式」
The shares that a special controlling shareholder (one holding at least nine tenths of the votes) demands the other shareholders sell to it in a cash-out.
Defined inArticle 151, paragraph (2)· applies only in this paragraph
special controlling shareholdermachine translation
「特別支配株主」
A person who, together with the stock companies it wholly owns and similar corporations set by Ministry of Justice Order (法務省令), holds nine tenths or more of the votes in a stock company (or any higher proportion its articles of incorporation set), and who may therefore demand that all other shareholders sell it their shares.
Defined inArticle 151, paragraph (2)· applies only in this provision and in Article 154, paragraph (3)
shares subject to class-wide callmachine translation
「全部取得条項付種類株式」
A class of shares whose terms let the company acquire every share of that class by a resolution at a shareholders meeting, as provided for in Article 108, paragraph (1), item (vii).
Defined inArticle 171, paragraph (1)· applies only in this subsection
demand for cash-out
「株式売渡請求」
A special controlling shareholder's (特別支配株主) demand under Article 179, paragraph (1) that all the other shareholders sell it all their shares in the company — the shareholder being one that, with its wholly owned companies, holds at least nine-tenths of all shareholders' votes.
Short name set inArticle 179, paragraph (2)· applies only in this chapter and in Article 846-2, paragraph (2), item (i)
allotment of shares without contribution
「株式無償割当て」
A stock company's allotting its own shares to its shareholders without asking them to pay anything.
Short name set inArticle 185, paragraph (1)· applies only in this subsection
allotment of share options without contribution
「新株予約権無償割当て」
A stock company's allotting its share options to its shareholders without asking them to pay anything.
Short name set inArticle 277, paragraph (1)· applies only in this section