If a stock company determines the matters set forth in each item of paragraph (1) of the preceding Article, it may demand that the persons under item (ii) of that paragraph sell the shares under item (i) of that paragraph to relevant stock company; provided, however, that this does not apply when one year has lapsed from the day when that stock company acquires knowledge of the general succession, including inheritances.
Demands pursuant to the provisions of paragraph (1) must be made by disclosing the number of shares relating to relevant demand (or, for a company with class shares, the classes of the shares and the number of shares for each class).
A stock company may withdraw a demand under the provisions of paragraph (1) at any time.
株式会社は、いつでも、第一項の規定による請求を撤回することができる。
Read this with the articles around it
(Determinations Regarding Demand for Sale)
If there are provisions of the articles of incorporation under the provisions of the preceding Article, whenever a stock company intends to effect a demand pursuant to the provisions of paragraph (1)…
株式会社は、前条の規定による定款の定めがある場合において、次条第一項の規定による請求をしようとするときは、その都度、株主総会の決議によって、次に掲げる事項を定めなければならない。
Open this provision(Determinations Regarding Demand for Sale)
the number of shares for which the stock company intends to effect the demand pursuant to the provisions of paragraph (1) of the following Article…
次条第一項の規定による請求をする株式の数（種類株式発行会社にあっては、株式の種類及び種類ごとの数）
Open this provision(Determinations Regarding Demand for Sale)
the names of the persons who hold the shares under the preceding item.
前号の株式を有する者の氏名又は名称
Open this provision(Demand for Sale)
If a stock company determines the matters set forth in each item of paragraph (1) of the preceding Article, it may demand that the persons under item (ii) of that paragraph sell the shares under item…
株式会社は、前条第一項各号に掲げる事項を定めたときは、同項第二号の者に対し、同項第一号の株式を当該株式会社に売り渡すことを請求することができる。ただし、当該株式会社が相続その他の一般承継があったことを知った日から一年を経過したときは、この限りでない。
Open this provisioncompany 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