Shareholders of a share certificate-issuing company may make an offer to relevant share certificate-issuing company to the effect that they do not wish to hold share certificates representing the shares that they hold.
株券発行会社の株主は、当該株券発行会社に対し、当該株主の有する株式に係る株券の所持を希望しない旨を申し出ることができる。
The offer pursuant to the provisions of the preceding paragraph must be made by disclosing the number of shares relating to the offer (or, for a company with class shares, the classes of shares and the number of shares for each class). In these cases, if share certificates representing those shares have been issued, relevant shareholders must submit relevant share certificates to the share certificate-issuing company.
A share certificate-issuing company that has received an offer under the provisions of paragraph (1) must enter or record in the shareholder register, without delay, a statement that it will not issue share certificates representing the shares referred to in the first sentence of the preceding paragraph.
If a share certificate-issuing company has stated or recorded the statement pursuant to the provisions of the preceding paragraph, it may not issue share certificates representing the shares referred to in the first sentence of paragraph (2).
Share certificates submitted pursuant to the provisions of the second sentence of paragraph (2) become ineffective when a statement is stated or recorded pursuant to the provisions of paragraph (3).
A shareholder who has made an offer pursuant to the provisions of paragraph (1) may at any time demand that the share certificate-issuing company issue share certificates for the shares referred to in the first sentence of paragraph (2). In these cases, if there are any share certificates that have been submitted pursuant to the provisions of the second sentence of paragraph (2), the cost for the issuing of the share certificates is borne by relevant shareholder.