Article 23Special Provisions for the Small and Medium-sized Enterprise Investment Business Corporation Act
第二十三条(中小企業投資育成株式会社法の特例)
A Small and Medium Business Investment and Consultation Company may, in addition to the business listed in the items of Article 5, paragraph (1) of the Small and Medium-sized Enterprise Investment Business Corporation Act, conduct the following business.
中小企業投資育成株式会社は、中小企業投資育成株式会社法第五条第一項各号に掲げる事業のほか、次に掲げる事業を行うことができる。
the underwriting of shares issued by a specified business operator upon establishing a stock company with an amount of stated capital exceeding 300 million yen in order to carry out an approved management innovation project or a certified management capacity improvement project (meaning a project pertaining to management capacity improvement carried out in accordance with a certified management capacity improvement plan; the same applies hereinafter in this Section, except in Article 25, paragraph (1)), and the holding of the shares pertaining to that underwriting;
the underwriting of shares, share options (excluding those attached to bonds with share options) or bonds with share options, etc. issued, by a stock company with an amount of stated capital exceeding 300 million yen among specified business operators, to raise the funds it needs in order to carry out an approved management innovation project or a certified management capacity improvement project, and the holding of shares, share options (including shares issued or transferred upon their exercise) or bonds with share options, etc. (including shares issued or transferred upon the exercise of share options attached to bonds with share options, etc.) pertaining to that underwriting.
The businesses listed in the items of the preceding paragraph are deemed to be the businesses referred to in Article 5, paragraph (1), items (i) and (ii) of the Small and Medium-sized Enterprise Investment Business Corporation Act for the purpose of the application of that Act.
前項各号に掲げる事業は、中小企業投資育成株式会社法の適用については、同法第五条第一項第一号及び第二号の事業とみなす。
Read this with the articles around it
specified business operatormachine translation
「特定事業者」
A company or individual whose main business is in manufacturing, construction, transport or most other industries and that has no more than 500 regular employees, in wholesale no more than 400, in retail or services no more than 300, or in an industry a Cabinet Order (政令) names no more than the number it sets; an enterprise association (企業組合); a cooperative partnership (協業組合); a business cooperative (事業協同組合) or other union set up under a special law, or a federation of them, that a Cabinet Order specifies; or a general incorporated association (一般社団法人) whose direct or indirect members are any of these and that meets requirements a Cabinet Order sets.
Defined inArticle 2, paragraph (5)· applies throughout the law
management capacity improvementmachine translation
「経営力向上」
A business operator strengthening its management ability and improving its management by bringing in, and running its business with, ways of making advanced use of the management resources it already has, or of those it obtains from or is provided by another business operator through business succession, etc. (事業承継等) — such as training people with useful knowledge or skills, using the results of analysing its finances or information on demand for goods and services, or building information systems to work more efficiently.
Defined inArticle 2, paragraph (10)· applies throughout the law
bonds with share options, etc.machine translation
「新株予約権付社債等」
Bonds with share options, etc. as defined in Article 5, paragraph (1), item (ii) of the Small and Medium-sized Enterprise Investment Business Corporation Act: bonds with share options (新株予約権付社債) and bonds that an Order of the Ministry of Economy, Trade and Industry (経済産業省令) treats as equivalent to them.
Defined inArticle 5, paragraph (1), item (ii)
certified management capacity improvement planmachine translation
「認定経営力向上計画」
A management capacity improvement plan (経営力向上計画) certified under Article 17, paragraph (1), as changed where a change has been certified.
Short name set inArticle 18, paragraph (2)
approved management innovation projectmachine translation
「承認経営革新事業」
A project for management innovation (経営革新) carried out under an approved management innovation plan (承認経営革新計画).
Defined inArticle 22, paragraph (1)
certified management capacity improvement projectmachine translation
「認定経営力向上事業」
In Section 3 of Chapter III, other than Article 25, paragraph (1), a project for management capacity improvement (経営力向上) carried out under a certified management capacity improvement plan (認定経営力向上計画).
Defined inArticle 23, paragraph (1), item (i)· applies only in this section, except in Article 25, paragraph (1)