Whenever a stock company intends to distribute dividends of surplus pursuant to the provisions of the preceding Article, it must specify the following matters by a resolution at a shareholders meeting:
株式会社は、前条の規定による剰余金の配当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。
the kind and total book value of the dividend property (excluding the shares, etc. of relevant stock company);
the matters regarding the assignment of the dividend property to shareholders;
株主に対する配当財産の割当てに関する事項
the day on which relevant distribution of dividend of surplus takes effect.
当該剰余金の配当がその効力を生ずる日
In the cases provided for in the preceding paragraph, if a stock company issues two or more classes of shares with different features as to dividends of surplus, the stock company may decide the following matters as the matters set forth in item (ii) of that paragraph in accordance with the features of relevant classes of shares:
if there is any arrangement that no dividend property is assigned to the shareholders of a certain class of shares, a statement to that effect and relevant class of shares;
ある種類の株式の株主に対して配当財産の割当てをしないこととするときは、その旨及び当該株式の種類
beyond the matters set forth in the preceding item, if there is any arrangement that each class of shares is treated differently with respect to assignment of dividend property, a statement to that effect and the details of relevant different treatment.
The decisions on the matters set forth in paragraph (1), item (ii) must provide that the dividend property is assigned in proportion to the number of the shares (or, if there are decisions on the matters set forth in item (ii) of the preceding paragraph, the number of the shares of each class) held by the shareholders (excluding the relevant stock company and shareholders of the class of shares referred to in item (i) of the preceding paragraph).
If the dividend property consists of property other than monies, the stock company may decide the following matters by a resolution at a shareholders meeting;provided, however, that the last day of the period referred to in item (i) must be the day that is or precedes the day referred to in paragraph (1), item (iii):
if right to demand distribution of monies (meaning the right to demand that the stock company deliver monies in lieu of relevant dividend property; hereinafter the same applies in this Chapter) is granted to shareholders, a statement to that effect and the period during which the right to demand distribution of monies may be exercised; and
株主に対して金銭分配請求権（当該配当財産に代えて金銭を交付することを株式会社に対して請求する権利をいう。以下この章において同じ。）を与えるときは、その旨及び金銭分配請求権を行使することができる期間
if there is any arrangement that no dividend property is to be assigned to shareholders who hold less than a certain number of shares, a statement to that effect and that number.
一定の数未満の数の株式を有する株主に対して配当財産の割当てをしないこととするときは、その旨及びその数
A company with board of directors may provide in the articles of incorporation that it may distribute a dividend of surplus only once during a business year by a resolution of the board of directors meeting (limited to that where the dividend property consists of monies. It is referred to as "interim dividend" hereinafter in this Chapter). For the purpose of the application of the provisions of paragraph (1) to the interim dividend in these cases, the term "shareholders meeting" in that paragraph is deemed to be replaced with "board of directors meeting".