In the cases provided for in paragraph (4), item (i) of the preceding Article, the stock company must notify shareholders of the matters set forth in that item no later than 20 days prior to the last day of the period referred to in that item.
A stock company must pay to shareholders who have exercised the right to demand distribution of monies, in lieu of the dividend property assigned to relevant shareholders, the monies equivalent to the value of relevant dividend property. In cases, the amounts provided for in each of the following items for the case categories set forth in each relevant item are the value of relevant dividend property:
if relevant dividend property consists of property with a market price:the amount calculated in a manner prescribed by Ministry of Justice Order as the market price of relevant dividend property;
当該配当財産が市場価格のある財産である場合 当該配当財産の市場価格として法務省令で定める方法により算定される額
in cases other than those set forth in the preceding item:the amount determined by the court in response to a petition by the stock company.
前号に掲げる場合以外の場合 株式会社の申立てにより裁判所が定める額
Read this with the articles around it
(Decisions on Matters Regarding Dividends of Surplus)
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…
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
Open this provision(Exercise of Rights to Demand Distribution of Monies)
if relevant dividend property consists of property with a market price:the amount calculated in a manner prescribed by Ministry of Justice Order as the market price of relevant dividend property;
当該配当財産が市場価格のある財産である場合 当該配当財産の市場価格として法務省令で定める方法により算定される額
Open this provisiondividend property
「配当財産」
The money or other property a stock company hands out when it pays a dividend of surplus.
Defined inArticle 2, paragraph (1), item (xxv)· applies throughout the law
right to demand distribution of moniesmachine translation
「金銭分配請求権」
A shareholder's right, where a dividend of surplus is paid in property other than money, to demand money from the stock company instead of that property.
Defined inArticle 454, paragraph (4), item (i)· applies only in this chapter