Special controlling shareholders of a stock company (if a person if not less than nine-tenths of the votes of all shareholders of the stock company (if a higher proportion is provided for in the articles of incorporation of that stock company, that proportion) are held by that person other than that stock company and if a corporation prescribed by Ministry of Justice Order as a stock company all of the issued shares of which are held by that person or one equivalent thereto (hereinafter referred to as "wholly owned subsidiary corporation of the special controlling shareholder" in this Article and paragraph (1) of the following Article), meaning that person; the same applies hereinafter) may demand from all shareholders of relevant stock company (excluding relevant stock company and the special controlling shareholders) to sell all of the shares of that stock company that they hold to relevant special controlling shareholder; provided, however, that these special controlling shareholders may choose not to make a demand to a wholly owned subsidiary corporation of the special controlling shareholder.
株式会社の特別支配株主（株式会社の総株主の議決権の十分の九（これを上回る割合を当該株式会社の定款で定めた場合にあっては、その割合）以上を当該株式会社以外の者及び当該者が発行済株式の全部を有する株式会社その他これに準ずるものとして法務省令で定める法人（以下この条及び次条第一項において「特別支配株主完全子法人」という。）が有している場合における当該者をいう。以下同じ。）は、当該株式会社の株主（当該株式会社及び当該特別支配株主を除く。）の全員に対し、その有する当該株式会社の株式の全部を当該特別支配株主に売り渡すことを請求することができる。ただし、特別支配株主完全子法人に対しては、その請求をしないことができる。
When making a demand pursuant to the provisions of the preceding paragraph (hereinafter referred to as "demand for cash-out" in this Chapter and Article 846-2, paragraph (2), item (i)), a special controlling shareholders may also request from all of the share option holders (excluding subject company and the special controlling shareholders) of a stock company issuing shares for the demand for cash-out (hereinafter referred to as "subject company") to sell all of the share options of the subject company that they have to relevant special controlling shareholders; provided, however, that the special controlling shareholders may choose not to make a demand to a wholly owned subsidiary corporation of the special controlling shareholder.
特別支配株主は、前項の規定による請求（以下この章及び第八百四十六条の二第二項第一号において「株式売渡請求」という。）をするときは、併せて、その株式売渡請求に係る株式を発行している株式会社（以下「対象会社」という。）の新株予約権の新株予約権者（対象会社及び当該特別支配株主を除く。）の全員に対し、その有する対象会社の新株予約権の全部を当該特別支配株主に売り渡すことを請求することができる。ただし、特別支配株主完全子法人に対しては、その請求をしないことができる。
When making a demand pursuant to the provisions of the preceding paragraph with regard to share options (hereinafter referred to as "demand for share option cash-out") attached to bonds with share option, special controlling shareholders must also demand to sell all bonds concerning bonds with share option to the special controlling shareholders; provided, however, that this does not apply to cases where it is otherwise provided for with respect to the share options attached to relevant bonds with share option.
Read this with the articles around it
(Demand for Share Cash-Out)
Special controlling shareholders of a stock company (if a person if not less than nine-tenths of the votes of all shareholders of the stock company (if a higher proportion is provided for in the…
株式会社の特別支配株主（株式会社の総株主の議決権の十分の九（これを上回る割合を当該株式会社の定款で定めた場合にあっては、その割合）以上を当該株式会社以外の者及び当該者が発行済株式の全部を有する株式会社その他これに準ずるものとして法務省令で定める法人（以下この条及び次条第一項において「特別支配株主完全子法人」という。）…
Open this provision(Method of Demand for Share Cash-Out)
The demand for share, etc. cash-out must be made by specifying the matters set forth below:
株式売渡請求は、次に掲げる事項を定めてしなければならない。
Open this provision(Demand for Share Cash-Out)
Special controlling shareholders of a stock company (if a person if not less than nine-tenths of the votes of all shareholders of the stock company (if a higher proportion is provided for in the…
株式会社の特別支配株主（株式会社の総株主の議決権の十分の九（これを上回る割合を当該株式会社の定款で定めた場合にあっては、その割合）以上を当該株式会社以外の者及び当該者が発行済株式の全部を有する株式会社その他これに準ずるものとして法務省令で定める法人（以下この条及び次条第一項において「特別支配株主完全子法人」という。）…
Open this provision(Demand for Share Cash-Out)
When making a demand pursuant to the provisions of the preceding paragraph (hereinafter referred to as "demand for cash-out" in this Chapter and Article 846-2, paragraph (2), item (i))…
特別支配株主は、前項の規定による請求（以下この章及び第八百四十六条の二第二項第一号において「株式売渡請求」という。）をするときは、併せて、その株式売渡請求に係る株式を発行している株式会社（以下「対象会社」という。）の新株予約権の新株予約権者（対象会社及び当該特別支配株主を除く。）の全員に対し…
Open this provision(Action Seeking Invalidation of Acquisition of Shares Subject to the Cash-Out)
a person who was a shareholder subject to the cash-out (if demand for share option cash-out is made along with demand for share cash-out, shareholders subject to the cash-out and share option holders…
取得日において売渡株主（株式売渡請求に併せて新株予約権売渡請求がされた場合にあっては、売渡株主又は売渡新株予約権者。第八百四十六条の五第一項において同じ。）であった者
Open this provisionshare option
「新株予約権」
A right that entitles its holder, by exercising it against a stock company, to receive shares of that company.
Defined inArticle 2, paragraph (1), item (xxi)· applies throughout the law
bonds with share options
「新株予約権付社債」
A bond with share options attached to it.
Defined inArticle 2, paragraph (1), item (xxii)· applies throughout the law
bond
「社債」
A money claim against a company, arising from an allotment the company makes under this Act, that is to be repaid according to the terms set under Article 676.
Defined inArticle 2, paragraph (1), item (xxiii)· applies throughout the law
issued shares
「発行済株式」
The shares a stock company has issued.
Defined inArticle 2, paragraph (1), item (xxxi)
special controlling shareholdermachine translation
「特別支配株主」
A person who, together with the stock companies it wholly owns and similar corporations set by Ministry of Justice Order (法務省令), holds nine tenths or more of the votes in a stock company (or any higher proportion its articles of incorporation set), and who may therefore demand that all other shareholders sell it their shares.
Defined inArticle 179, paragraph (1)
wholly owned subsidiary corporation of the special controlling shareholdermachine translation
「特別支配株主完全子法人」
In Article 179 and Article 179-2, paragraph (1), a stock company, or a similar corporation set by Ministry of Justice Order (法務省令), all of whose issued shares are held by a person whose votes, together with those of such corporations, reach nine-tenths of a company's shareholders' votes.
Short name set inArticle 179, paragraph (1)· applies only in this article and in Article 179-2, paragraph (1)
subject company
「対象会社」
The stock company whose shares a special controlling shareholder (one holding at least nine tenths of the votes) demands the other shareholders sell to it in a cash-out.
Short name set inArticle 179, paragraph (2)
demand for cash-out
「株式売渡請求」
A special controlling shareholder's (特別支配株主) demand under Article 179, paragraph (1) that all the other shareholders sell it all their shares in the company — the shareholder being one that, with its wholly owned companies, holds at least nine-tenths of all shareholders' votes.
Short name set inArticle 179, paragraph (2)· applies only in this chapter and in Article 846-2, paragraph (2), item (i)
demand for share option cash-out
「新株予約権売渡請求」
A demand by a special controlling shareholder (one holding at least nine tenths of the votes), made along with its demand for cash-out of the shares, that all holders of the company's share options sell them to it.
Short name set inArticle 179, paragraph (3)
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.