Whenever a stock company intends to solicit subscribers for an issuance of share options, the stock company must prescribe the following matters (hereinafter in this Section referred to as "subscription requirements") with respect to the share options for subscription (meaning the share options that is to be allotted to persons who subscribed for relevant share options in response to relevant solicitation; hereinafter the same applies in this Chapter):
株式会社は、その発行する新株予約権を引き受ける者の募集をしようとするときは、その都度、募集新株予約権（当該募集に応じて当該新株予約権の引受けの申込みをした者に対して割り当てる新株予約権をいう。以下この章において同じ。）について次に掲げる事項（以下この節において「募集事項」という。）を定めなければならない。
the features and number of the share options for subscription;
募集新株予約権の内容及び数
if it is arranged that there is no requirement for monies to be paid in in exchange for the share options for subscription, a statement to that effect;
募集新株予約権と引換えに金銭の払込みを要しないこととする場合には、その旨
in cases other than the cases provided for in the preceding item, the amount to be paid in for the share options for subscription (meaning the amount of money to be paid in in exchange for one share option for subscription. The same applies hereinafter in this Chapter.) or the method for calculating that amount;
the day on which the share options for subscription is allotted (hereinafter in this Section referred to as the "day of allotment");
募集新株予約権を割り当てる日（以下この節において「割当日」という。）
if the stock company prescribes the date for the payment of monies in exchange for the share options for subscription, that date;
募集新株予約権と引換えにする金銭の払込みの期日を定めるときは、その期日
if share options for subscription are attached to bonds with share option, the matters set forth in each item of Article 676;
in the cases provided for in the preceding item, if the stock company otherwise provides for the method for submission of a demand under the provisions of Article 118, paragraph (1), Article 179, paragraph (2), Article 777, paragraph (1), Article 787, paragraph (1), or Article 808, paragraph (1) with respect to the share options for subscription attached to the bonds with share option under that item, that provision.
前号に規定する場合において、同号の新株予約権付社債に付された募集新株予約権についての第百十八条第一項、第百七十九条第二項、第七百七十七条第一項、第七百八十七条第一項又は第八百八条第一項の規定による請求の方法につき別段の定めをするときは、その定め
The determination of the subscription requirements must be made by a resolution at a shareholders meeting.
募集事項の決定は、株主総会の決議によらなければならない。
In the following cases, the directors must explain at the shareholders meeting referred to in the preceding paragraph the reasons for the need to solicit subscribers for share options for subscription with the offer of the conditions under item (i) or in the amount under item (ii):
if, in the cases provided for in paragraph (1), item (ii), the absence of a requirement for the payment in of monies is particularly favorable to relevant persons; or
第一項第二号に規定する場合において、金銭の払込みを要しないこととすることが当該者に特に有利な条件であるとき。
if, in the cases provided for in paragraph (1), item (iii), the amount to be paid in under that paragraph is particularly favorable to relevant persons.
For a company with class shares, if some or all classes of the shares underlying the share options for subscription are shares with restriction on transfer, the determination of the subscription requirements regarding relevant share options for subscription does not become effective without a resolution at the general meeting of class shareholders, except if there are provisions in the articles of incorporation to the effect that, with respect to the solicitation of subscribers for share options for subscription for which the underlying shares are relevant class shares, a resolution at the relevant general meeting of class shareholders constituted by the class shareholders of relevant class is not required; provided, however, that this does not apply to cases where there is no class shareholder who can exercise a voting right at relevant general meeting of class shareholders.
The subscription requirements must be uniform for each solicitation under paragraph (1).
Read this with the articles around it
(Exercise of Appraisal Rights on Share Options)
If it is intended to effect any amendment to articles of incorporation set forth in the following items, the holders of share options provided for in any item may demand that the stock company…
次の各号に掲げる定款の変更をする場合には、当該各号に定める新株予約権の新株予約権者は、株式会社に対し、自己の有する新株予約権を公正な価格で買い取ることを請求することができる。
Open this provision(Demand for Share Cash-Out)
When making a demand pursuant to the provisions of the preceding paragraph (hereinafter referred to as "demand for cash-out" in this Chapter and Article 846-2, paragraph (2), item (i))…
特別支配株主は、前項の規定による請求（以下この章及び第八百四十六条の二第二項第一号において「株式売渡請求」という。）をするときは、併せて、その株式売渡請求に係る株式を発行している株式会社（以下「対象会社」という。）の新株予約権の新株予約権者（対象会社及び当該特別支配株主を除く。）の全員に対し…
Open this provision(Determination of Subscription Requirements)
Whenever a stock company intends to solicit subscribers for an issuance of share options, the stock company must prescribe the following matters…
株式会社は、その発行する新株予約権を引き受ける者の募集をしようとするときは、その都度、募集新株予約権（当該募集に応じて当該新株予約権の引受けの申込みをした者に対して割り当てる新株予約権をいう。以下この章において同じ。）について次に掲げる事項（以下この節において「募集事項」という。）を定めなければならない。
Open this provision(Determination of Subscription Requirements)
if it is arranged that there is no requirement for monies to be paid in in exchange for the share options for subscription, a statement to that effect;
募集新株予約権と引換えに金銭の払込みを要しないこととする場合には、その旨
Open this provision(Determination of Subscription Requirements)
in cases other than the cases provided for in the preceding item, the amount to be paid in for the share options for subscription…
前号に規定する場合以外の場合には、募集新株予約権の払込金額（募集新株予約権一個と引換えに払い込む金銭の額をいう。以下この章において同じ。）又はその算定方法
Open this provision(Determination of Subscription Requirements)
if share options for subscription are attached to bonds with share option, the matters set forth in each item of Article 676;
募集新株予約権が新株予約権付社債に付されたものである場合には、第六百七十六条各号に掲げる事項
Open this provision(Determination of Subscription Requirements)
The determination of the subscription requirements must be made by a resolution at a shareholders meeting.
募集事項の決定は、株主総会の決議によらなければならない。
Open this provision(Determination of Subscription Requirements)
if, in the cases provided for in paragraph (1), item (ii), the absence of a requirement for the payment in of monies is particularly favorable to relevant persons; or
第一項第二号に規定する場合において、金銭の払込みを要しないこととすることが当該者に特に有利な条件であるとき。
Open this provision(Determination of Subscription Requirements)
if, in the cases provided for in paragraph (1), item (iii), the amount to be paid in under that paragraph is particularly favorable to relevant persons.
第一項第三号に規定する場合において、同号の払込金額が当該者に特に有利な金額であるとき。
Open this provision(Determination of Matters on Bonds for Subscription)
Whenever a company intends to solicit persons who subscribe for the bonds it issues, the company must determine the following matters with respect to the bonds for subscription…
会社は、その発行する社債を引き受ける者の募集をしようとするときは、その都度、募集社債（当該募集に応じて当該社債の引受けの申込みをした者に対して割り当てる社債をいう。以下この編において同じ。）について次に掲げる事項を定めなければならない。
Open this provision(Exercise of Appraisal Rights on Share Options)
If a stock company effects entity conversion, holders of share options of the stock company effecting entity conversion may demand that the stock company purchase, at a fair price…
株式会社が組織変更をする場合には、組織変更をする株式会社の新株予約権の新株予約権者は、当該株式会社に対し、自己の有する新株予約権を公正な価格で買い取ることを請求することができる。
Open this provision(Exercise of Appraisal Rights on Share Options)
In cases of carrying out any one of the acts set forth in the following items, holders of share options of the disappearing stock company, etc. provided for in those items may demand that the…
次の各号に掲げる行為をする場合には、当該各号に定める消滅株式会社等の新株予約権の新株予約権者は、消滅株式会社等に対し、自己の有する新株予約権を公正な価格で買い取ることを請求することができる。
Open this provision(Exercise of Appraisal Rights on Share Options)
In cases of carrying out any one of the acts set forth in the following items, holders of share options of the disappearing stock company, etc. provided for in those items may demand that the…
次の各号に掲げる行為をする場合には、当該各号に定める消滅株式会社等の新株予約権の新株予約権者は、消滅株式会社等に対し、自己の有する新株予約権を公正な価格で買い取ることを請求することができる。
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
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)
general meeting of class shareholders
「種類株主総会」
A meeting of the shareholders who hold a particular class of shares in a company with class shares.
Defined inArticle 2, paragraph (1), item (xiv)· applies throughout the law
shares with restriction on transfer
「譲渡制限株式」
Shares whose terms require the company's approval for anyone to acquire them by transfer.
Defined inArticle 2, paragraph (1), item (xvii)· applies throughout the law
share option
「新株予約権」
A right that entitles its holder, by exercising it against a stock company, to receive shares of that company.
Defined inArticle 2, paragraph (1), item (xxi)· applies throughout the law
bonds with share options
「新株予約権付社債」
A bond with share options attached to it.
Defined inArticle 2, paragraph (1), item (xxii)· applies throughout the law
subscription requirements
「募集事項」
The terms a stock company must decide each time it invites subscriptions for its shares or share options, such as the number offered and the amount to be paid for them.
Short name set inArticle 238, paragraph (1)· applies only in this section
share options for subscription
「募集新株予約権」
Share options that a stock company allots to the persons who applied for them in response to its invitation to subscribe.
Defined inArticle 238, paragraph (1)· applies only in this chapter
amount to be paid inmachine translation
「払込金額」
The amount of money to be paid in exchange for each share option for subscription.
Defined inArticle 238, paragraph (1), item (iii)· applies only in this chapter
day of allotment
「割当日」
The day on which shares for subscription, or share options for subscription, are allotted to the persons who applied for them.
Short name set inArticle 238, paragraph (1), item (iv)· applies only in this section
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.
director
取締役
An officer of a stock company, elected by the shareholders meeting (Companies Act, Article 329, paragraph (1)). Every stock company has at least one (Article 326, paragraph (1)). Where there is no board of directors, the directors run the company's business unless the articles of incorporation say otherwise (Article 348, paragraph (1)), and each of them represents it unless the company has chosen representative directors (代表取締役) or others to do that (Article 349, paragraphs (1) and (3)). Where there is a board (取締役会, board of directors), the directors are its members, and the board decides the business and normally chooses the representative directors from among them (Article 362). The term normally runs to the annual shareholders meeting for the last business year ending within two years of election (Article 332, paragraph (1)).
Written by AI using Companies Act, Arts. 326, 329, 332, 348, 349, 362 as a reference.
shareholders meeting
株主総会
The meeting of a stock company's shareholders, and the body through which they decide the company's basic matters. It elects the directors and company auditors (Companies Act, Article 329, paragraph (1)) and changes the articles of incorporation (Article 466). In a company without a board of directors it may decide any matter about the company; in one with a board, only what the Act or the articles of incorporation leave to it (Article 295). An annual shareholders meeting must be called after the end of every business year, and another may be called whenever needed (Article 296). A resolution normally passes by a majority of the votes present, with holders of a majority of the votes entitled to vote attending (Article 309, paragraph (1)).
Written by AI using Companies Act, Arts. 295, 296, 309, 329, 466 as a reference.