The incorporators must specify from among the applicants the persons to whom the shares solicited at incorporation are allotted, and specify the number of the shares solicited at incorporation that are allotted to relevant persons. In these cases, the incorporators may reduce the number of the shares solicited at incorporation to be allotted to relevant applicants to less than the number referred to in paragraph (3), item (ii) of the preceding Article.
The incorporator must notify the Applicant, no later than the day immediately preceding the date referred to in Article 58, paragraph (1), item (iii) (or, in case a period is specified under that item, no later than the day immediately preceding the first day of that period), of the number of the shares solicited at incorporation that are allotted to relevant applicant.
発起人は、第五十八条第一項第三号の期日(同号の期間を定めた場合にあっては、その期間の初日)の前日までに、申込者に対し、当該申込者に割り当てる設立時募集株式の数を通知しなければならない。
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shares solicited at incorporation
「設立時募集株式」
Shares issued at incorporation that are allotted to the persons who apply for them when the incorporators invite outside subscriptions.
Defined inArticle 58, paragraph (1)· applies only in this section
applicants
「申込者」
A person who has applied for shares that the incorporators solicit when a stock company is incorporated.
Short name set inArticle 59, paragraph (5)· applies only in this subsection