A stock company must notify its shareholders (or, for a company with class shares, the class shareholders of the classes of the shares it intends to acquire) of the matters set forth in each item of paragraph (1) of the preceding Article.
A public company may substitute a public notice for the notice under the provisions of the preceding paragraph.
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(Determination of Acquisition Price)
Whenever a stock company intends to acquire its shares in accordance with a determination pursuant to the provisions of paragraph (1) of the preceding Article, it must prescribe the following matters:
株式会社は、前条第一項の規定による決定に従い株式を取得しようとするときは、その都度、次に掲げる事項を定めなければならない。
Open this provision(Notice to Shareholders)
A stock company must notify its shareholders (or, for a company with class shares, the class shareholders of the classes of the shares it intends to acquire) of the matters set forth in each item of…
株式会社は、株主(種類株式発行会社にあっては、取得する株式の種類の種類株主)に対し、前条第一項各号に掲げる事項を通知しなければならない。
Open this provisionpublic company
「公開会社」
A stock company whose articles of incorporation do not require the company's approval for transfers of at least some of its shares; it need not be listed on a stock exchange.
Defined inArticle 2, paragraph (1), item (v)· applies throughout the law
company with class shares
「種類株式発行会社」
A stock company that issues two or more classes of shares with different terms on the matters listed in Article 108, paragraph (1), such as dividends of surplus or voting rights.
Defined inArticle 2, paragraph (1), item (xiii)· applies throughout the law
class shareholders
「種類株主」
A shareholder holding a particular class of shares in a company with class shares.
Defined inArticle 2, paragraph (1), item (xiv)