In order to implement the entity conversion referred to in the preceding Article (hereinafter referred to as an "entity conversion" in this Division), an incorporated association-operated financial instruments exchange must prepare an entity conversion plan and have it approved by general meeting resolution.
An incorporated association-operated financial instruments exchange may not adopt a resolution for an entity conversion without the affirmative votes of three-fourths or more of all the members; provided, however, that this does not apply if otherwise provided for in the articles of incorporation.
To convene the general meeting referred to in paragraph (1), an outline of the entity conversion plan and the articles of incorporation of the stock company after the entity conversion (hereinafter referred to as the "incorporated financial instruments exchange after entity conversion" in this Division), must be presented by at least five days prior to the day of the meeting, in addition to the purpose of the meeting.
If an incorporated association-operated financial instruments exchange implements an entity conversion, that incorporated association-operated financial instruments exchange must provide for the following matters in the entity conversion plan:
the purpose, trade name, location of the head office, and total number of authorized shares in the incorporated financial instruments exchange after entity conversion;
組織変更後株式会社金融商品取引所の目的、商号、本店の所在地及び発行可能株式総数
beyond what is set forth in the preceding item, particulars that are specified by the articles of incorporation of the incorporated financial instruments exchange after entity conversion;
前号に掲げるもののほか、組織変更後株式会社金融商品取引所の定款で定める事項
the names of directors and name of the accounting auditor of the incorporated financial instruments exchange after entity conversion;
組織変更後株式会社金融商品取引所の取締役の氏名及び会計監査人の氏名又は名称
the particulars specified in the relevant of the following (a) and (b) for the category of cases set forth in (a) and (b):
次のイ及びロに掲げる場合の区分に応じ、それぞれ当該イ及びロに定める事項
if the incorporated financial instruments exchange after entity conversion will be a company with accounting advisors:the names of the accounting advisors of the incorporated financial instruments exchange after entity conversion; or
組織変更後株式会社金融商品取引所が会計参与設置会社である場合 組織変更後株式会社金融商品取引所の会計参与の氏名又は名称
if the incorporated financial instruments exchange after entity conversion will be a company with company auditors:the names of the company auditors of the incorporated financial instruments exchange after entity conversion;
組織変更後株式会社金融商品取引所が監査役設置会社である場合 組織変更後株式会社金融商品取引所の監査役の氏名
the number of shares in the incorporated financial instruments exchange after entity conversion which the members of the incorporated association-operated financial instruments exchange implementing the entity conversion will acquire upon entity conversion (if the incorporated financial instruments exchange after the entity conversion will be a company with class shares, the classes of shares and the number of shares in each class) or the method of calculating the number;
組織変更をする会員金融商品取引所の会員が組織変更に際して取得する組織変更後株式会社金融商品取引所の株式の数（組織変更後株式会社金融商品取引所が種類株式発行会社である場合にあつては、株式の種類及び種類ごとの数）又はその数の算定方法
the particulars of the allotment of the shares referred to in the preceding item to members of the incorporated association-operated financial instruments exchange implementing the entity conversion;
if the incorporated financial instruments exchange after entity conversion, upon implementation of the entity conversion, will deliver money to the members of the incorporated association-operated financial instruments exchange implementing the entity conversion, the amount of money or the method of calculating the amount;
組織変更後株式会社金融商品取引所が組織変更に際して組織変更をする会員金融商品取引所の会員に対して金銭を交付するときは、その額又はその算定方法
in the case prescribed in the preceding item, the particulars of the allotment of the money referred to in that item to the members of the incorporated association-operated financial instruments exchange implementing the entity conversion;
the particulars of the amount of stated capital and reserve funds of the incorporated financial instruments exchange after entity conversion; and
組織変更後株式会社金融商品取引所の資本金及び準備金の額に関する事項
the day on which the entity conversion will become effective (hereinafter referred to as the "effective date" in this Division), and other matters specified by Cabinet Office Order.
組織変更がその効力を生ずる日（以下この目において「効力発生日」という。）その他内閣府令で定める事項
If the incorporated financial instruments exchange after entity conversion is a company with supervisory committee, the matters set forth in item (iii) of the preceding paragraph (limited to the names of directors of the incorporated financial instruments exchange after entity conversion) must be provided separately with regard to directors that are to be supervisory committee members and any other directors.
組織変更後株式会社金融商品取引所が監査等委員会設置会社である場合には、前項第三号に掲げる事項（組織変更後株式会社金融商品取引所の取締役の氏名に限る。）は、監査等委員である取締役とそれ以外の取締役とを区別して定めなければならない。
Read this with the articles around it
(Entity Conversion from an Incorporated Association-Operated Financial Instruments Exchange to an Incorporated Financial Instruments Exchange)
An incorporated association-operated financial instruments exchange may become an incorporated financial instruments exchange through an entity conversion.
会員金融商品取引所は、その組織を変更して株式会社金融商品取引所になることができる。
Open this provision(Entity Conversion Plan)
In order to implement the entity conversion referred to in the preceding Article (hereinafter referred to as an "entity conversion" in this Division), an incorporated association-operated financial…
会員金融商品取引所は、前条の組織変更（以下この目において「組織変更」という。）をするには、組織変更計画を作成して、総会の決議によつて、その承認を受けなければならない。
Open this provision(Entity Conversion Plan)
the purpose, trade name, location of the head office, and total number of authorized shares in the incorporated financial instruments exchange after entity conversion;
組織変更後株式会社金融商品取引所の目的、商号、本店の所在地及び発行可能株式総数
Open this provision(Entity Conversion Plan)
the names of directors and name of the accounting auditor of the incorporated financial instruments exchange after entity conversion;
組織変更後株式会社金融商品取引所の取締役の氏名及び会計監査人の氏名又は名称
Open this provision(Entity Conversion Plan)
the number of shares in the incorporated financial instruments exchange after entity conversion which the members of the incorporated association-operated financial instruments exchange implementing…
組織変更をする会員金融商品取引所の会員が組織変更に際して取得する組織変更後株式会社金融商品取引所の株式の数（組織変更後株式会社金融商品取引所が種類株式発行会社である場合にあつては、株式の種類及び種類ごとの数）又はその数の算定方法
Open this provision(Entity Conversion Plan)
if the incorporated financial instruments exchange after entity conversion, upon implementation of the entity conversion, will deliver money to the members of the incorporated association-operated…
組織変更後株式会社金融商品取引所が組織変更に際して組織変更をする会員金融商品取引所の会員に対して金銭を交付するときは、その額又はその算定方法
Open this provisionincorporated association-operated financial instruments exchangemachine translation
「会員金融商品取引所」
A financial instruments membership corporation (金融商品会員制法人) that operates a financial instruments exchange market (取引所金融商品市場).
Short name set inArticle 87-6, paragraph (1)
entity conversion
「組織変更」
In the division on the entity conversion of a member financial instruments exchange (Chapter V, Section 2, Subsection 1, Division 6), the change, under Article 101, of a member financial instruments exchange (会員金融商品取引所) into an incorporated financial instruments exchange (株式会社金融商品取引所).
Short name set inArticle 101-2, paragraph (1)· applies only in this division
incorporated financial instruments exchange after entity conversionmachine translation
「組織変更後株式会社金融商品取引所」
In the division on the entity conversion of a member financial instruments exchange (Chapter V, Section 2, Subsection 1, Division 6), the stock company that a member financial instruments exchange (会員金融商品取引所) becomes by its entity conversion (組織変更).
Short name set inArticle 101-2, paragraph (3)· applies only in this division
effective date
「効力発生日」
In the division on entity conversion (組織変更), the day on which a financial instruments membership corporation's (金融商品会員制法人) conversion into a stock company takes effect.
Short name set inArticle 101-2, paragraph (4), item (x)· applies only in this division
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.
company auditor
監査役
An officer of a stock company, elected by the shareholders meeting (Companies Act, Article 329, paragraph (1)), whose job is to audit how the directors carry out their duties and to write an audit report on it (Article 381, paragraph (1)). Not an outside accountant — that is the financial auditor (会計監査人) — and not a director: a company auditor may not also be a director or employee of the company or its subsidiaries (Article 335, paragraph (2)). The term normally runs to the annual shareholders meeting for the last business year ending within four years of election (Article 336, paragraph (1)).
Written by AI using Companies Act, Arts. 329, 335, 336, 381 as a reference.
director
取締役
An officer of a stock company, elected by the shareholders meeting (Companies Act, Article 329, paragraph (1)). Every stock company has at least one (Article 326, paragraph (1)). Where there is no board of directors, the directors run the company's business unless the articles of incorporation say otherwise (Article 348, paragraph (1)), and each of them represents it unless the company has chosen representative directors (代表取締役) or others to do that (Article 349, paragraphs (1) and (3)). Where there is a board (取締役会, board of directors), the directors are its members, and the board decides the business and normally chooses the representative directors from among them (Article 362). The term normally runs to the annual shareholders meeting for the last business year ending within two years of election (Article 332, paragraph (1)).
Written by AI using Companies Act, Arts. 326, 329, 332, 348, 349, 362 as a reference.