Article 182-5Determination of the Price of Shares
第百八十二条の五(株式の価格の決定等)
If a shareholder exercises appraisal rights and an agreement determining the price of the shares is reached between the shareholder and the stock company, the stock company must pay that price within sixty days from the effective day.
If no agreement deciding the price of shares is reached within thirty days from the effective day, the shareholders or the stock company may file a petition for the court to determine the price within thirty days after the expiration of that period.
株式の価格の決定について、効力発生日から三十日以内に協議が調わないときは、株主又は株式会社は、その期間の満了の日後三十日以内に、裁判所に対し、価格の決定の申立てをすることができる。
Notwithstanding the provisions of paragraph (6) of the preceding Article, in the cases provided for in the preceding paragraph, if the petition under the same paragraph is not made within sixty days after the effective day, shareholders exercising appraisal rights may withdraw their demands for appraisal at any time after the expiration of that period.
The stock company must also pay interest on the price determined by the court at the statutory interest rate from and including the day of the expiration of the period referred to in paragraph (1).
株式会社は、裁判所の決定した価格に対する第一項の期間の満了の日後の法定利率による利息をも支払わなければならない。
The stock company may pay to shareholders the amount the stock company considers as a fair price until the determination of the price of shares.
株式会社は、株式の価格の決定があるまでは、株主に対し、当該株式会社が公正な価格と認める額を支払うことができる。
A share purchase connected with the exercise of appraisal rights becomes effective on the effective day.
If a shareholder exercises appraisal rights with respect to shares for which share certificates are issued, the share certificate-issuing company must pay the price of the shares relating to the exercise of the appraisal rights in exchange for the share certificates.
Article 182-6Keeping and Inspection of Documents Related to Consolidation of Shares
第百八十二条の六(株式の併合に関する書面等の備置き及び閲覧等)
A stock company having consolidated shares must prepare a document or an electronic or magnetic record in which it details or records the total number of issued shares at the time when consolidation of shares comes into effect (in cases of a company with class shares, total number of the issued shares of class under Article 180, paragraph (2), item (iii)) and other information prescribed by Ministry of Justice Order as related to the consolidation of shares after the effective day without delay.
株式の併合をした株式会社は、効力発生日後遅滞なく、株式の併合が効力を生じた時における発行済株式(種類株式発行会社にあっては、第百八十条第二項第三号の種類の発行済株式)の総数その他の株式の併合に関する事項として法務省令で定める事項を記載し、又は記録した書面又は電磁的記録を作成しなければならない。
A stock company must keep the document or electronic or magnetic record referred to in the preceding paragraph at its head office for six months from the effective day.
Shareholders of a stock company that consolidated shares or persons who were shareholders of the stock company on the effective day may make the following requests from the stock company at any time during its business hours; provided, however, that the cost specified by the stock company must be paid for making a request set forth in items (ii) or (iv):
a request to inspect documents under the preceding paragraph;
前項の書面の閲覧の請求
a request for a transcript or extract of documents under the preceding paragraph;
前項の書面の謄本又は抄本の交付の請求
a request to inspect anything that is used in a manner prescribed by Ministry of Justice Order to display the information recorded in an electronic or magnetic record as referred to in the preceding paragraph; and
a request to be provided with the information recorded in an electronic or magnetic record as referred to in the preceding paragraph by an electronic or magnetic means that the stock company has designated, or a request to be issued a document showing that information.
Subsection 2 Share Splits
第二款 株式の分割
第百八十三条(株式の分割)
A stock company may split its shares.
株式会社は、株式の分割をすることができる。
Whenever a stock company intends to split its shares, it must prescribe the following matters by a resolution at a shareholders meeting (or at a board of directors meeting for a company with board of directors):
株式会社は、株式の分割をしようとするときは、その都度、株主総会(取締役会設置会社にあっては、取締役会)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 ratio of the total number of shares after the increase as a result of the share split to the total number of issued shares (or, for a company with class shares, issued shares of the classes under item (iii)) immediately before the share split, and the record date relating to that share split;
the day when the share split will become effective;
株式の分割がその効力を生ずる日
if the stock company is a company with class shares, the classes of the shares it splits.
株式会社が種類株式発行会社である場合には、分割する株式の種類
第百八十四条(効力の発生等)
Shareholders that have been entered or recorded in the shareholder register on the record date (or, for a company with class shares, class shareholders of the classes provided for in paragraph (2), item (iii) of the preceding Article that have been entered or recorded in the shareholder register on the record date) acquire, on the day provided for in item (ii) of that paragraph, shares in the number obtained by multiplying the number of shares (or, for a company with class shares, shares of the classes provided for in item (iii) of that paragraph; hereinafter the same applies in this paragraph) they hold on the record date, by the ratio provided for in paragraph (2), item (i) of that Article.
Notwithstanding the provisions of Article 466, a stock company (excluding a stock company that in fact issues two or more classes of shares) may, without a resolution at a shareholders meeting, effect an amendment to the articles of incorporation that is intended to increase the total number of authorized shares on the day provided for in paragraph (2), item (ii) of the preceding Article to the extent of the number obtained by multiplying the total number of authorized shares as of the day immediately preceding that day, by the ratio provided for in item (i) of that paragraph.
Subsection 3 Allotment of Shares without Contribution
第三款 株式無償割当て
Article 185Allotment of Shares without Contribution
第百八十五条(株式無償割当て)
A stock company may allot the shares of that stock company to shareholders (or, for a company with class shares, shareholders of certain classes) without requiring them to make additional contribution (hereinafter in this Subsection referred to as "allotment of shares without contribution").
Article 186Determination of Matters Concerning Allotment of Shares without Contribution
第百八十六条(株式無償割当てに関する事項の決定)
Whenever a stock company intends to effect the allotment of shares without contribution, it must prescribe the following matters:
株式会社は、株式無償割当てをしようとするときは、その都度、次に掲げる事項を定めなければならない。
the number of shares the stock company will allot to shareholders (or, for a company with class shares, the classes of shares and the number of shares for each class), or the method for calculating that number;
株主に割り当てる株式の数(種類株式発行会社にあっては、株式の種類及び種類ごとの数)又はその数の算定方法
the day when that allotment of shares without contribution becomes effective; and
当該株式無償割当てがその効力を生ずる日
if the stock company is a company with class shares, the classes of shares held by the shareholders entitled to that allotment of shares without contribution.
The provisions regarding the matters set forth in item (i) of the preceding paragraph must stipulate that the shares under item (i) of that paragraph will be allotted in proportion to the number of shares (or, for a company with class shares, shares of the classes under item (iii) of that paragraph) held by shareholders (or, for a company with class shares, class shareholders of shares of the classes under item (iii) of that paragraph) other than that stock company.
The determination of the matters set forth in each item of paragraph (1) must be made by a resolution at a shareholders meeting (or of a board of directors meeting for a company with board of directors); provided, however, that this does not apply if it is otherwise provided in the articles of incorporation.
Article 187Effectuation of Allotment of Shares without Contribution
第百八十七条(株式無償割当ての効力の発生等)
Shareholders to whom the shares under paragraph (1), item (i) of the preceding Article have been allotted become shareholders of the shares provided for in item (i) of that paragraph on the day provided for in item (ii) of that paragraph.
Without delay after the day provided for in item (ii) of that paragraph, a stock company must notify shareholders (or, for a company with class shares, class shareholders of the classes under item (iii) of that paragraph) and the registered pledgees of the shares thereof of the number of the shares (or, for a company with class shares, the classes of the shares and the number of shares for each class) that have been allotted to the shareholders.