With regard to share options, the fact that the share options belong to the trust property may not be perfected against the stock company and other third parties unless the fact that the share options belong to the trust property is entered or recorded in the share option register.
新株予約権については、当該新株予約権が信託財産に属する旨を新株予約権原簿に記載し、又は記録しなければ、当該新株予約権が信託財産に属することを株式会社その他の第三者に対抗することができない。
When share options held by the share option holders set forth in Article 249, item (iii), (a) belong to the trust property, the share option holders may request the stock company to enter or record to that effect in the share option register.
第二百四十九条第三号イの新株予約権者は、その有する新株予約権が信託財産に属するときは、株式会社に対し、その旨を新株予約権原簿に記載し、又は記録することを請求することができる。
When applying the provisions of Article 250, paragraph (1) and Article 259, paragraph (1) if the statement or record is made pursuant to the provisions of the preceding paragraph in the share option register, the phrase "showing the information required to be entered in the share option register which has been entered or recorded" in Article 250, paragraph (1) is deemed to be replaced with "showing the information required to be entered in the share option register (including the fact that the share options held by those share option holders belong to the trust property) which has been entered or recorded" and the phrase "information required to be entered in the share option register" in Article 259, paragraph (1) is deemed to be replaced with "information required to be entered in the share option register (including the fact that the share options held by those share option holders belong to the trust property)".
新株予約権原簿に前項の規定による記載又は記録がされた場合における第二百五十条第一項及び第二百五十九条第一項の規定の適用については、第二百五十条第一項中「記録された新株予約権原簿記載事項」とあるのは「記録された新株予約権原簿記載事項（当該新株予約権者の有する新株予約権が信託財産に属する旨を含む。）」と、第二百五十九条第一項中「新株予約権原簿記載事項」とあるのは「新株予約権原簿記載事項（当該新株予約権者の有する新株予約権が信託財産に属する旨を含む。）」とする。
The provisions of the preceding three paragraphs do not apply to a share certificate-issuing company.
前三項の規定は、証券発行新株予約権及び証券発行新株予約権付社債に付された新株予約権については、適用しない。
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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
information required to be entered in the share option registermachine translation
「新株予約権原簿記載事項」
The details a stock company must enter in its share option register for the share options it issues, such as their number and terms and, for registered options, the holder's name and address.
Short name set inArticle 249, paragraph (1)
bonds with share options for which certificates are issuedmachine translation
「証券発行新株予約権付社債」
Bonds with share options whose terms provide that bond certificates are issued for the bonds.
Defined inArticle 249, paragraph (1), item (ii)· applies only in this chapter
share options for which certificates are issuedmachine translation
「証券発行新株予約権」
Share options, other than those attached to bonds, whose terms provide that share option certificates are issued for them.
Defined inArticle 249, paragraph (1), item (iii), (d)· applies only in this chapter
assert against
対抗
To be able to rely on a right, or on a fact about it, against someone who is not a party to it. Acquiring, losing or changing a right in rem (物権) in land or a building cannot be asserted against third parties until it is registered (登記) (Civil Code, Article 177), and a registered lease of land or a building can be asserted against a person who acquires a right in rem in it, such as a buyer, and against other third parties (Article 605). The Act on Land and Building Leases lets a tenant do without registering the lease itself: a right to use land for a building (借地権) can be asserted against third parties once the tenant owns a registered building on the land (Article 10, paragraph (1)), and a building lease takes effect against anyone who later acquires a right in rem in the building, such as a new owner, once the building has been handed over (Article 31). Some rules protect only a third party who did not know: a rescission for fraud cannot be asserted against a third party who did not know of the fraud and was not careless in not knowing (善意でかつ過失がない) (Civil Code, Article 96, paragraph (3)).
Written by AI using Civil Code, Arts. 96, 177, 605 and Act on Land and Building Leases, Arts. 10, 31 as a reference.