Supplementary Provisions
附 則
Supplementary Provisions, Article 1Effective Date
第一条（施行期日）
This Act comes into effect as of the day specified by Cabinet Order within a period not exceeding one year from the date of promulgation; provided, however, that the provisions of Article 2 amending Article 18, paragraph (1) and Article 30, paragraph (1), item (xvi) of the Act on Special Provisions of the Commercial Code Concerning Audits, etc. of Stock Companies (hereinafter referred to as the "Commercial Code Special Provisions Act"), and the provisions of Article 10 of the Supplementary Provisions, come into effect as of the day on which three years have elapsed from the day this Act comes into effect, and the provisions of Article 11 of the Supplementary Provisions come into effect as of the date of promulgation.
この法律は、公布の日から起算して一年を超えない範囲内において政令で定める日から施行する。ただし、第二条中株式会社の監査等に関する商法の特例に関する法律（以下「商法特例法」という。）第十八条第一項及び第三十条第一項第十六号の改正規定並びに附則第十条の規定はこの法律の施行の日から起算して三年を経過した日から、附則第十一条の規定は公布の日から施行する。
Supplementary Provisions, Article 2Transitional Measures on Registration of Outside Directors
第二条（社外取締役の登記に関する経過措置）
If a director actually in office at the time this Act comes into effect is an outside director prescribed in Article 188, paragraph (2), item (vii)-2 of the Commercial Code as amended by this Act (hereinafter referred to as the "Amended Commercial Code"), a stock company is not required to effect the registration to the effect that the director is an outside director, only during the term of office that includes the day this Act comes into effect; provided, however, that this does not apply when the company has amended its articles of incorporation to include a provision that a contract under Article 266, paragraph (19) of the Amended Commercial Code may be made.
株式会社は、この法律の施行の際現に在任する取締役がこの法律による改正後の商法（以下「新商法」という。）第百八十八条第二項第七号ノ二に規定する社外取締役である場合には、この法律の施行の日を含む任期中に限り、当該取締役が社外取締役である旨の登記をすることを要しない。ただし、定款を変更して新商法第二百六十六条第十九項の契約をすることができる旨の定めを設けたときは、この限りでない。
Supplementary Provisions, Article 3Transitional Measures on Exemption from Liability of Directors
第三条（取締役の責任の免除に関する経過措置）
Article 266, paragraphs (7) through (23) of the Amended Commercial Code do not apply to exemption from the liability of a director for acts before this Act comes into effect.
新商法第二百六十六条第七項から第二十三項までの規定は、この法律の施行前の行為に関する取締役の責任の免除については、適用しない。
Supplementary Provisions, Article 4
第四条
With regard to the application of Article 266, paragraph (7), items (i) and (iii) of the Amended Commercial Code, paragraphs (10) and (11) of that Article (including cases where applied mutatis mutandis under paragraphs (16) and (23) of that Article), and paragraphs (12) and (14), paragraph (19), items (i) and (iii), and paragraph (22), item (i) of that Article, to a director who has exercised the right under Article 210-2, paragraph (2), item (iii) of the Commercial Code prior to the amendment by the Act Partially Amending the Commercial Code, etc. and Other Matters (Act No. 79 of 2001) (including cases where that provision remains in force pursuant to Article 3, paragraph (2) of the Supplementary Provisions of that Act) or the right under Article 280-19, paragraph (1) of the Commercial Code prior to the amendment by the Act Partially Amending the Commercial Code, etc. (Act No. 128 of 2001) (including cases where the provisions then in force continue to govern pursuant to Article 6, paragraph (1) of the Supplementary Provisions of that Act), or to a director who holds such a right, the phrase "the amount multiplied by the number of rights" in Article 266, paragraph (7), item (iii) of that Code is deemed to be replaced with "the amount multiplied by the number of rights, the amount obtained, when the right under Article 210-2, paragraph (2), item (iii) prior to the amendment under the Act Partially Amending the Commercial Code, etc. and Other Matters (Act No. 79 of 2001) (including cases where that provision remains in force pursuant to Article 3, paragraph (2) of the Supplementary Provisions of that Act) has been exercised after assuming office, by multiplying the amount obtained by deducting the transfer price from the market price of the shares of that company at the time of exercise by the number of shares acquired by transfer, and the amount obtained, when the right under Article 280-19, paragraph (1) prior to the amendment under the Act Partially Amending the Commercial Code, etc. (Act No. 128 of 2001) (including cases where the provisions then in force are to continue to govern pursuant to Article 6, paragraph (1) of the Supplementary Provisions of that Act) has been exercised after assuming office, by multiplying the amount obtained by deducting the issue price or the price at which transfer was received from the market price of the shares of that company at the time of exercise by the number of shares issued or transferred in lieu of issue".
商法等の一部を改正する等の法律（平成十三年法律第七十九号）による改正前の商法第二百十条ノ二第二項第三号（商法等の一部を改正する等の法律附則第三条第二項の規定によりなおその効力を有するものとされる場合を含む。）又は商法等の一部を改正する法律（平成十三年法律第百二十八号）による改正前の商法第二百八十条ノ十九第一項（商法等の一部を改正する法律附則第六条第一項の規定によりなお従前の例によることとされる場合を含む。）の権利を行使した取締役又は当該権利を有する取締役についての新商法第二百六十六条第七項第一号及び第三号、同条第十項及び第十一項（同条第十六項及び第二十三項において準用する場合を含む。）並びに同条第十二項、第十四項、第十九項第一号及び第三号並びに第二十二項第一号の規定の適用については、同条第七項第三号中「権利ノ数ヲ乗ジタル額」とあるのは、「権利ノ数ヲ乗ジタル額、商法等の一部を改正する等の法律（平成十三年法律第七十九号）ニ依ル改正前ノ第二百十条ノ二第二項第三号（同法附則第三条第二項ノ規定ニ依リ仍其ノ効力ヲ有スルモノトセラレタル場合ヲ含ム）ノ権利ヲ就任後ニ行使シタルトキハ行使ノ時ニ於ケル其ノ会社ノ株式ノ時価ヨリ譲渡ノ価額ヲ控除シタル額ニ譲受ケタル株式ノ数ヲ乗ジタル額、商法等の一部を改正する法律（平成十三年法律第百二十八号）ニ依ル改正前ノ第二百八十条ノ十九第一項（同法附則第六条第一項ノ規定ニ依リ仍従前ノ例ニ依ルコトトセラレタル場合ヲ含ム）ノ権利ヲ就任後ニ行使シタルトキハ行使ノ時ニ於ケル其ノ会社ノ株式ノ時価ヨリ発行価額又ハ移転ヲ受ケタル価額ヲ控除シタル額ニ発行ヲ受ケ又ハ之ニ代ヘテ移転ヲ受ケタル株式ノ数ヲ乗ジタル額」とする。
Supplementary Provisions, Article 5Transitional Measures on the Filing of Shareholder Derivative Suits
第五条（株主代表訴訟の提起に関する経過措置）
The provisions of Article 267, paragraph (3) of the Amended Commercial Code (including as applied mutatis mutandis under the Amended Commercial Code or other laws) also apply where a demand prescribed in Article 267, paragraph (3) of the Commercial Code prior to the amendment by this Act (hereinafter referred to as the "Former Commercial Code") (including as applied mutatis mutandis under the Former Commercial Code or other laws; the same applies hereinafter in this Article) was made before the enforcement of this Act (excluding the case where the person who made the demand filed an action pursuant to that paragraph).
新商法第二百六十七条第三項（新商法又は他の法律において準用する場合を含む。）の規定は、この法律の施行前にこの法律による改正前の商法（以下「旧商法」という。）第二百六十七条第三項（旧商法又は他の法律において準用する場合を含む。以下この条において同じ。）に規定する請求があった場合（当該請求をした者が同項の規定により訴えを提起した場合を除く。）についても適用する。
Supplementary Provisions, Article 6Transitional Measures on Actions to Pursue the Liability of Directors, etc.
第六条（取締役等の責任を追及する訴えに関する経過措置）
The provisions of Article 268, paragraphs (4) through (7) of the Amended Commercial Code (including as applied mutatis mutandis under the Amended Commercial Code or other laws) do not apply to an action under Article 268, paragraph (1) of the Former Commercial Code (including as applied mutatis mutandis under the Former Commercial Code or other laws) filed before the enforcement of this Act.
新商法第二百六十八条第四項から第七項まで（これらの規定を新商法又は他の法律において準用する場合を含む。）の規定は、この法律の施行前に提起された旧商法第二百六十八条第一項（旧商法又は他の法律において準用する場合を含む。）の訴えについては、適用しない。
Supplementary Provisions, Article 7Transitional Measures on the Term of Office of Company Auditors
第七条（監査役の任期に関する経過措置）
The provisions then in force continue to govern, after this Act comes into effect, the term of office of a company auditor of a stock company existing at the time this Act comes into effect who is in office before the close of the ordinary general meeting concerning the first account closing day to arrive after this Act comes into effect.
この法律の施行の際現に存する株式会社の監査役でこの法律の施行後最初に到来する決算期に関する定時総会の終結前に在任するものの任期に関しては、この法律の施行後も、なお従前の例による。
Supplementary Provisions, Article 8Transitional Measures on Notice of Convocation of a Shareholders Meeting to a Company Auditor Who Has Resigned
第八条（辞任した監査役に対する株主総会の招集の通知に関する経過措置）
The provisions of Article 275-3-2, paragraph (2) of the Amended Commercial Code do not apply to a shareholders meeting for which the procedure of convocation was commenced before the enforcement of this Act.
新商法第二百七十五条ノ三ノ二第二項の規定は、この法律の施行前に招集の手続が開始された株主総会については、適用しない。
The provisions of the preceding paragraph apply mutatis mutandis where the provisions of Article 275-3-2, paragraph (2) of the Amended Commercial Code are applied mutatis mutandis under other laws.
前項の規定は、他の法律において新商法第二百七十五条ノ三ノ二第二項の規定を準用する場合について準用する。
Supplementary Provisions, Article 9Transitional Measures on Exemption from the Liability of a Company Auditor
第九条（監査役の責任の免除に関する経過措置）
The provisions of Article 266, paragraph (7) of the Amended Commercial Code, which apply with the replacement of terms pursuant to Article 266, paragraph (18) of the Amended Commercial Code as applied mutatis mutandis in Article 280, paragraph (1) of the Amended Commercial Code, Article 266, paragraph (8), paragraphs (10) and (11) of the Amended Commercial Code, Article 266, paragraph (12) of the Amended Commercial Code, which apply with the replacement of terms pursuant to Article 266, paragraph (18) of the Amended Commercial Code, and Article 266, paragraphs (14) through (16) of the Amended Commercial Code do not apply to exemption from the liability of a company auditor for acts prior to the enforcement of this Act.
新商法第二百八十条第一項において準用する新商法第二百六十六条第十八項の規定により読み替えて適用する同条第七項、同条第八項、第十項及び第十一項、同条第十八項の規定により読み替えて適用する同条第十二項並びに同条第十四項から第十六項までの規定は、この法律の施行前の行為に関する監査役の責任の免除については、適用しない。
Commercial Code Special Provisions Actmachine translation
「商法特例法」
Short name for the law on special provisions of the Commercial Code for the auditing of stock companies and other matters (株式会社の監査等に関する商法の特例に関する法律).
Short name set inSupplementary Provisions, Article 1, paragraph (1)
Amended Commercial Codemachine translation
「新商法」
This Act as amended by Act No. 149 of 2001.
Short name set inSupplementary Provisions, Article 2, paragraph (1)
Former Commercial Codemachine translation
「旧商法」
This Act as it stood before Act No. 149 of 2001 amended it.
Short name set inSupplementary Provisions, Article 5, paragraph (1)
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.
registration
登記
Entry in a public register kept by a registry office (登記所) — a Legal Affairs Bureau or one of its branch offices — so that the matter is made public (Real Property Registration Act, Articles 1 and 6, paragraph (1)). Rights in land and buildings, such as ownership, a superficies (地上権), a statutory lien (先取特権), a mortgage and a right of lease (賃借権), can be registered under that Act (Article 3), and matters the Commercial Code, the Companies Act and other Acts require to be registered are registered under the Commercial Registration Act (Article 1). Registration also lets a right be asserted against third parties: acquiring, losing or changing a right in rem (物権) in land or a building, such as ownership, cannot be asserted against third parties until it is registered (Civil Code, Article 177), and a matter the Companies Act requires to be registered cannot be asserted against a third party who does not know of it until it has been registered, nor, even after that, against one who had a justifiable reason for not knowing of the registration (Companies Act, Article 908, paragraph (1)).
Written by AI using Real Property Registration Act, Arts. 1, 3, 6, Commercial Registration Act, Art. 1, Civil Code, Art. 177 and Companies Act, Art. 908 as a reference.
shareholders meeting
株主総会
The meeting of a stock company's shareholders, and the body through which they decide the company's basic matters. It elects the directors and company auditors (Companies Act, Article 329, paragraph (1)) and changes the articles of incorporation (Article 466). In a company without a board of directors it may decide any matter about the company; in one with a board, only what the Act or the articles of incorporation leave to it (Article 295). An annual shareholders meeting must be called after the end of every business year, and another may be called whenever needed (Article 296). A resolution normally passes by a majority of the votes present, with holders of a majority of the votes entitled to vote attending (Article 309, paragraph (1)).
Written by AI using Companies Act, Arts. 295, 296, 309, 329, 466 as a reference.