A stock company must prescribe the following matters by a resolution at a shareholders meeting in advance in order to acquire for value own shares by agreement with its shareholders; provided, however, that the period under item (iii) cannot exceed one year:
株式会社が株主との合意により当該株式会社の株式を有償で取得するには、あらかじめ、株主総会の決議によって、次に掲げる事項を定めなければならない。ただし、第三号の期間は、一年を超えることができない。
the number of shares to be acquired (or, for a company with class shares, the classes of the shares and the number of shares for each class); and
取得する株式の数（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）
the description and total amount of the monies, etc. (excluding the shares, etc. of the relevant stock company; hereinafter the same applies in this Subsection) that will be delivered in exchange for the acquisition of the shares; and
the period during which the shares can be acquired.
株式を取得することができる期間
The provisions of the preceding paragraph do not apply to the cases set forth in item (i) and item (ii), and in item (iv) through item (xiii) of the preceding Article.
前項の規定は、前条第一号及び第二号並びに第四号から第十三号までに掲げる場合には、適用しない。
Read this with the articles around it
company with class shares
「種類株式発行会社」
A stock company that issues two or more classes of shares with different terms on the matters listed in Article 108, paragraph (1), such as dividends of surplus or voting rights.
Defined inArticle 2, paragraph (1), item (xiii)· applies throughout the law
shares, etc.machine translation
「株式等」
A stock company's shares, bonds and share options taken together.
Defined inArticle 107, paragraph (2), item (ii), (e)
monies, etc.machine translation
「金銭等」
Money and any other property.
Defined inArticle 151, paragraph (1)
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.