The provisions of the preceding Article do not apply if other party to the contracts relating to the acts set forth in paragraph (1), items (i) through (iv) of that Article (hereinafter in this Chapter referred to as " business transfer, etc.") is the special controlling company (meaning the relevant other company if nine tenths (or, if any proportion higher than that is provided for in the articles of incorporation, the proportion) or more of the voting rights of all shareholders of a stock company are held by other company, and by stock companies all of the issued shares in which are held by relevant other company and other corporations prescribed by Ministry of Justice Order as entities equivalent to the above; the same applies hereinafter) of the stock company that effects relevant business transfer, etc.
前条の規定は、同条第一項第一号から第四号までに掲げる行為（以下この章において「事業譲渡等」という。）に係る契約の相手方が当該事業譲渡等をする株式会社の特別支配会社（ある株式会社の総株主の議決権の十分の九（これを上回る割合を当該株式会社の定款で定めた場合にあっては、その割合）以上を他の会社及び当該他の会社が発行済株式の全部を有する株式会社その他これに準ずるものとして法務省令で定める法人が有している場合における当該他の会社をいう。以下同じ。）である場合には、適用しない。
The provisions of the preceding Article do not apply if the act set forth in paragraph (1), item (iii) of that Article is carried out, and the proportion of the amount set forth in item (i) to the amount set forth in item (ii) does not exceed one fifth (or, if any lower proportion is provided for in the articles of incorporation, relevant proportion):
the total book value of the assets that are issued as the consideration for all business of relevant other company;
当該他の会社の事業の全部の対価として交付する財産の帳簿価額の合計額
the amount calculated by the method prescribed by Ministry of Justice Order as the amount of the net assets of relevant stock company.
当該株式会社の純資産額として法務省令で定める方法により算定される額
In the cases provided for in the preceding paragraph, if shareholders that hold the shares (limited to those that entitle the shareholders to exercise voting rights at a shareholders meeting under paragraph (1) of the preceding Article) in the number prescribed by Ministry of Justice Order notify the stock company that carries out the act set forth in paragraph (1), item (iii) of the preceding Article to the effect that relevant shareholders dissent from relevant act, within two weeks from the day of the notice under the provisions of paragraph (3) of the following Article or the public notice under paragraph (4) of that Article, relevant stock company must obtain the approval of the contract relating to relevant act by a resolution at a shareholders meeting no later than the day immediately preceding the effective day.
(Approval of Transfers of Business)
If a stock company intends to commit any of the following acts, it must obtain the approval of the contracts relating to the acts by the resolution at the shareholders meeting no later than the day…
株式会社は、次に掲げる行為をする場合には、当該行為がその効力を生ずる日（以下この章において「効力発生日」という。）の前日までに、株主総会の決議によって、当該行為に係る契約の承認を受けなければならない。
Open this provision(Approval of Transfers of Business)
If a stock company intends to commit any of the following acts, it must obtain the approval of the contracts relating to the acts by the resolution at the shareholders meeting no later than the day…
株式会社は、次に掲げる行為をする場合には、当該行為がその効力を生ずる日（以下この章において「効力発生日」という。）の前日までに、株主総会の決議によって、当該行為に係る契約の承認を受けなければならない。
Open this provision(Approval of Transfers of Business)
the transfer of the entire business;
事業の全部の譲渡
Open this provision(Approval of Transfers of Business)
the transfer of significant part of the business (excluding the transfer in which the book value of the assets to be transferred to others by relevant transfer does not exceed one fifth (or, if any…
事業の重要な一部の譲渡（当該譲渡により譲り渡す資産の帳簿価額が当該株式会社の総資産額として法務省令で定める方法により算定される額の五分の一（これを下回る割合を定款で定めた場合にあっては、その割合）を超えないものを除く。）
Open this provision(Approval of Transfers of Business)
the transfer of all or part of shares or equity interests of the subsidiary company (limited to transfers in cases corresponding to all of the following):
その子会社の株式又は持分の全部又は一部の譲渡（次のいずれにも該当する場合における譲渡に限る。）
Open this provision(Approval of Transfers of Business)
the acceptance of transfer of entire business of another company (including foreign corporations and other corporations; the same applies in the following Article);
他の会社（外国会社その他の法人を含む。次条において同じ。）の事業の全部の譲受け
Open this provision(Approval of Transfers of Business)
the entering into, changing or termination of contracts for the lease of the entire business, contracts for the entrustment of the management of the entire business…
事業の全部の賃貸、事業の全部の経営の委任、他人と事業上の損益の全部を共通にする契約その他これらに準ずる契約の締結、変更又は解約
Open this provision(Cases Where Approval of Business Transfer Is Not Required)
The provisions of the preceding Article do not apply if the act set forth in paragraph (1), item (iii) of that Article is carried out, and the proportion of the amount set forth in item (i) to the…
前条の規定は、同条第一項第三号に掲げる行為をする場合において、第一号に掲げる額の第二号に掲げる額に対する割合が五分の一（これを下回る割合を定款で定めた場合にあっては、その割合）を超えないときは、適用しない。
Open this provision(Dissenting Shareholders' Appraisal Rights)
A stock company that intends to effect the business transfer, etc. must give notice to its shareholders (excluding the special controlling company in the cases prescribed in paragraph (1) of the…
事業譲渡等をしようとする株式会社は、効力発生日の二十日前までに、その株主（前条第一項に規定する場合における当該特別支配会社を除く。）に対し、事業譲渡等をする旨（第四百六十七条第二項に規定する場合にあっては、同条第一項第三号に掲げる行為をする旨及び同条第二項の株式に関する事項）を通知しなければならない。
Open this provision(Dissenting Shareholders' Appraisal Rights)
A public notice may be substituted for the notice pursuant to the provisions of the preceding paragraph in the following cases:
次に掲げる場合には、前項の規定による通知は、公告をもってこれに代えることができる。
Open this provisioncompany
「会社」
Any of the four kinds of company this Act governs: a stock company (株式会社), a general partnership company (合名会社), a limited partnership company (合資会社) or a limited liability company (合同会社).
Defined inArticle 2, paragraph (1), item (i)· applies throughout the law
issued shares
「発行済株式」
The shares a stock company has issued.
Defined inArticle 2, paragraph (1), item (xxxi)
effective day
「効力発生日」
The day on which the corporate action in question takes effect, such as a share consolidation, business transfer, entity conversion, merger, company split, share exchange or partial share exchange.
Short name set inArticle 467, paragraph (1)· applies only in this chapter
business transfer, etc.machine translation
「事業譲渡等」
The transactions listed in Article 467, paragraph (1), items (i) to (iv) that need approval at a shareholders meeting: transferring all or an important part of the company's business or certain shares in a subsidiary, taking over all of another company's business, and leasing or handing over the management of its whole business.
Short name set inArticle 468, paragraph (1)· applies only in this chapter
special controlling company
「特別支配会社」
A company that, together with the stock companies it wholly owns and similar corporations set by Ministry of Justice Order (法務省令), holds nine tenths or more of the votes in a stock company, or any higher proportion that company's articles of incorporation set.
Defined inArticle 468, paragraph (1)
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.
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.