Shareholders (excluding the shareholder prescribed by Ministry of Justice Order as the entity in a relationship that may allow the stock company to have substantial control of the entity through the holding of one quarter or more of the votes of all shareholders of the entity or other reasons) are entitled to one vote for each one share they hold at the shareholders meeting;provided, however, that, in cases where a share unit is provided for in the articles of incorporation, they are entitled to one vote for each one unit of the shares.
株主(株式会社がその総株主の議決権の四分の一以上を有することその他の事由を通じて株式会社がその経営を実質的に支配することが可能な関係にあるものとして法務省令で定める株主を除く。)は、株主総会において、その有する株式一株につき一個の議決権を有する。ただし、単元株式数を定款で定めている場合には、一単元の株式につき一個の議決権を有する。
Notwithstanding the provisions of the preceding paragraph, a stock company does not have any votes with respect to its treasury shares.