In the case where an individual has provided services to a corporation, if restricted shares that satisfy the following requirements (hereinafter in this paragraph referred to as "specified restricted shares") are delivered to that individual as consideration for the provision of those services (including the case where, upon a merger or a company split by split-off prescribed in paragraph (5), item (iii) of the preceding Article, restricted shares of the acquiring corporation prescribed in paragraph (5), item (i) of the preceding Article or of the succeeding corporation in a company split prescribed in paragraph (5), item (v) of the preceding Article, pertaining to that merger or company split by split-off, or other restricted shares specified by Ministry of Finance Order, that are delivered to a person holding those specified restricted shares of the acquired corporation prescribed in paragraph (5), item (ii) of the preceding Article or the splitting corporation prescribed in paragraph (5), item (iv) of the preceding Article, pertaining to that merger or company split by split-off (hereinafter in this paragraph referred to as "succeeding restricted shares") are delivered to that individual), the value under Article 36, paragraph (2) (Amount of Revenue) of the Act pertaining to those specified restricted shares or succeeding restricted shares is the value on the day on which the restriction on the transfer (including the creation of a security interest and other disposition; the same applies in item (i) of the following paragraph) of those specified restricted shares or succeeding restricted shares was lifted (where that individual died before that day, for those specified restricted shares or succeeding restricted shares that, at the time of the death of that individual, have been determined not to fall under the grounds prescribed in item (ii) of the following paragraph, the day of the death of that individual):
個人が法人に対して役務の提供をした場合において、当該役務の提供の対価として譲渡制限付株式であつて次に掲げる要件に該当するもの（以下この項において「特定譲渡制限付株式」という。）が当該個人に交付されたとき（合併又は前条第五項第三号に規定する分割型分割に際し当該合併又は分割型分割に係る同項第二号に規定する被合併法人又は同項第四号に規定する分割法人の当該特定譲渡制限付株式を有する者に対し交付される当該合併又は分割型分割に係る同項第一号に規定する合併法人又は同項第五号に規定する分割承継法人の譲渡制限付株式その他の財務省令で定める譲渡制限付株式（以下この項において「承継譲渡制限付株式」という。）が当該個人に交付されたときを含む。）における当該特定譲渡制限付株式又は承継譲渡制限付株式に係る法第三十六条第二項（収入金額）の価額は、当該特定譲渡制限付株式又は承継譲渡制限付株式の譲渡（担保権の設定その他の処分を含む。次項第一号において同じ。）についての制限が解除された日（同日前に当該個人が死亡した場合において、当該個人の死亡の時に次項第二号に規定する事由に該当しないことが確定している当該特定譲渡制限付株式又は承継譲渡制限付株式については、当該個人の死亡の日）における価額とする。
that the restricted shares are delivered to the individual in exchange for the delivery of the claims arising on the individual as the consideration for the provision of the services; or
当該譲渡制限付株式が当該役務の提供の対価として当該個人に生ずる債権の給付と引換えに当該個人に交付されるものであること。
beyond what is listed in the preceding item, that the restricted shares are found to be substantially the consideration for the provision of the services.
前号に掲げるもののほか、当該譲渡制限付株式が実質的に当該役務の提供の対価と認められるものであること。
The restricted shares prescribed in the preceding paragraph means shares (including capital contributions, investment units prescribed in Article 2, paragraph (14) (Definitions) of the Act on Investment Trusts and Investment Corporations, and other things equivalent to these; the same applies hereinafter in this Article) that satisfy the following requirements.
前項に規定する譲渡制限付株式とは、次に掲げる要件に該当する株式（出資、投資信託及び投資法人に関する法律第二条第十四項（定義）に規定する投資口その他これらに準ずるものを含む。以下この条において同じ。）をいう。
that restrictions on transfer are imposed, and a period pertaining to those restrictions on transfer (referred to as the "transfer restriction period" in the following item) is provided;
譲渡についての制限がされており、かつ、当該譲渡についての制限に係る期間（次号において「譲渡制限期間」という。）が設けられていること。
that grounds are provided on which the corporation receiving services from the individual in the preceding paragraph, or the corporation that issued the shares or delivered them to the individual in that paragraph, is to acquire the shares without compensation (limited to grounds based on the circumstances of that individual's service, such as the individual in that paragraph who received delivery of the shares not continuing to work for a prescribed period within the transfer restriction period or that individual's work performance not being good, or grounds based on the circumstances of the performance or other indicators of those corporations, such as the performance of those corporations not reaching a predetermined standard).
Where rights listed in the following items, to which restrictions on their transfer or other special conditions are attached, are granted by an issuing corporation (excluding where they are granted as a Shareholder, Member, or Other Investor (limited to where it is found that there is no risk of harm to other Shareholders, Members, or Other Investors of that issuing corporation)), the value under Article 36, paragraph (2) of the Act pertaining to those rights is the amount obtained by deducting, from the value of the shares acquired through the exercise of those rights on the day of that exercise (for the rights listed in item (iii), the due date for payment or delivery under those rights (where a period for payment or delivery is provided, the day on which that payment or delivery was made)), the amount specified in each of the following items for the category of rights listed in that item.
share options prescribed in Article 280-21, paragraph (1) (Resolution on Issuance of Share Options on Favorable Terms) of the Commercial Code (Act No. 48 of 1899) prior to its amendment by the provisions of Article 64 (Partial Amendment of the Commercial Code) of the Act on Arrangement of Relevant Acts Incidental to Enforcement of the Companies Act (Act No. 87 of 2005) that were issued based on a resolution under that paragraph: the amount obtained by adding the amount to be paid in upon the exercise of those share options to the acquisition price of those share options pertaining to that exercise;
会社法の施行に伴う関係法律の整備等に関する法律（平成十七年法律第八十七号）第六十四条（商法の一部改正）の規定による改正前の商法（明治三十二年法律第四十八号）第二百八十条ノ二十一第一項（新株予約権の有利発行の決議）の決議に基づき発行された同項に規定する新株予約権 当該新株予約権の行使に係る当該新株予約権の取得価額にその行使に際し払い込むべき額を加算した金額
share options issued based on a resolution under Article 238, paragraph (2) (Determination of Subscription Requirements) of the Companies Act (including the determination of the subscription requirements prescribed in Article 239, paragraph (1) (Delegation of Determination of Subscription Requirements) of that Act made based on delegation by a resolution under that paragraph, and a resolution of the board of directors under the provisions of Article 240, paragraph (1) (Special Provisions on Determination of Subscription Requirements for Public Company) of that Act) (limited to those specified as being on terms or in an amount particularly favorable to the persons who subscribe for those share options, or as being the whole or part of consideration for the provision of services or other acts): the amount obtained by adding the amount to be paid in upon the exercise of those share options to the acquisition price of those share options pertaining to that exercise;
会社法第二百三十八条第二項（募集事項の決定）の決議（同法第二百三十九条第一項（募集事項の決定の委任）の決議による委任に基づく同項に規定する募集事項の決定及び同法第二百四十条第一項（公開会社における募集事項の決定の特則）の規定による取締役会の決議を含む。）に基づき発行された新株予約権（当該新株予約権を引き受ける者に特に有利な条件若しくは金額であることとされるもの又は役務の提供その他の行為による対価の全部若しくは一部であることとされるものに限る。） 当該新株予約権の行使に係る当該新株予約権の取得価額にその行使に際し払い込むべき額を加算した金額
a right to acquire shares where the amount to be paid in exchange for the shares is a favorable amount (excluding those listed in the preceding two items): the amount obtained by adding the amount to be paid in upon the exercise of that right to the acquisition price of that right pertaining to that exercise.
株式と引換えに払い込むべき額が有利な金額である場合における当該株式を取得する権利（前二号に掲げるものを除く。） 当該権利の行使に係る当該権利の取得価額にその行使に際し払い込むべき額を加算した金額
acquiring corporationmachine translation
「合併法人」
In Article 83-2, an acquiring corporation as defined in Article 2, item (xii) of the Corporation Tax Act: the corporation that receives the assets and liabilities of another corporation in a merger.
Defined inArticle 83-2, paragraph (5), item (i)· applies only in this article
acquired corporationmachine translation
「被合併法人」
A corporation that transferred its assets and liabilities in a merger, as Article 2, item (xi) of the Corporation Tax Act defines it.
Defined inArticle 83-2, paragraph (5), item (ii)· applies only in this article
company split by split-offmachine translation
「分割型分割」
A company split by split-off as defined in Article 2, item (xii)-9 of the Corporation Tax Act: a split in which all the shares or other assets the succeeding corporation delivers as consideration go to the splitting corporation's shareholders, or a split with no consideration of the kinds that item sets out.
Defined inArticle 83-2, paragraph (5), item (iii)· applies only in this article
splitting corporationmachine translation
「分割法人」
A splitting corporation as defined in Article 2, item (xii)-2 of the Corporation Tax Act: a corporation that transfers its assets or liabilities to another in a company split.
Defined inArticle 83-2, paragraph (5), item (iv)· applies only in this article
succeeding corporation in a company splitmachine translation
「分割承継法人」
A succeeding corporation in a company split as defined in Article 2, item (xii)-3 of the Corporation Tax Act: a corporation that receives assets or liabilities from the splitting corporation in a company split.
Defined inArticle 83-2, paragraph (5), item (v)· applies only in this article
succeeding restricted sharesmachine translation
「承継譲渡制限付株式」
In Article 84, paragraph (1), restricted shares (譲渡制限付株式) of the merging corporation or successor corporation, and other restricted shares a Ministry of Finance Order (財務省令) specifies, delivered on a merger or a split-off type company split (分割型分割) to an individual holding specified restricted shares (特定譲渡制限付株式) of the merged or split corporation.
Short name set inArticle 84, paragraph (1)· applies only in this paragraph
specified restricted sharesmachine translation
「特定譲渡制限付株式」
Restricted shares (譲渡制限付株式) given to an individual as consideration for services provided to a corporation, either in exchange for the individual's claim arising from those services or otherwise recognised in substance as consideration for them.
Short name set inArticle 84, paragraph (1)· applies only in this paragraph
transfer restriction periodmachine translation
「譲渡制限期間」
The period for which the transfer of restricted shares (譲渡制限付株式), given to an individual in return for services, is restricted.
Short name set inArticle 84, paragraph (2), item (i)· applies only in this provision and in Article 84, paragraph (2), item (ii)
board of directors
取締役会
The body made up of all of a stock company's directors (Companies Act, Article 362, paragraph (1)). It decides how the company's business is carried out, supervises the directors, and appoints and removes the representative directors (代表取締役) (Article 362, paragraphs (2) and (3)) — except in a company with a nominating committee and the other committees (指名委員会等設置会社), where it appoints representative executive officers (代表執行役) instead (Articles 416 and 420). Some decisions, such as disposing of important assets or borrowing a large amount, it normally may not hand to the directors (Article 362, paragraph (4)). A company with an audit and supervisory committee (監査等委員会設置会社) can hand more of them to directors (Article 399-13, paragraphs (5) and (6)), and a company with the committees hands them to executive officers (執行役) rather than directors (Article 416, paragraphs (3) and (4)). A company chooses in its articles of incorporation whether to have one (Article 326, paragraph (2)), but a public company (公開会社), among others, must (Article 327, paragraph (1)): a public company is one whose articles of incorporation let at least some of its shares change hands without the company's approval (Article 2, item (v)). A company with a board must have at least three directors (Article 331, paragraph (5)).
Written by AI using Companies Act, Arts. 2, 326, 327, 331, 362, 399-13, 416, 420 as a reference.