Article 202-2Special Provisions on Determination of Subscription Requirements Relating to Director Remuneration
第二百二条の二（取締役の報酬等に係る募集事項の決定の特則）
When a stock company that has issued shares that are set forth on a financial instruments exchange provided for in Article 2, paragraph (16) of the Financial Instruments and Exchange Act solicits persons to subscribe for shares it issues or for treasury shares it disposes of in accordance with the provisions on the matters set forth in Article 361, paragraph (1), item (iii) pursuant to its articles of incorporation or a resolution of the shareholders meeting, it is not necessary to determine the matters set forth in Article 199, paragraph (1), item (ii) and item (iv). In these cases, the stock company must decide the following matters concerning the shares for subscription:
金融商品取引法第二条第十六項に規定する金融商品取引所に上場されている株式を発行している株式会社は、定款又は株主総会の決議による第三百六十一条第一項第三号に掲げる事項についての定めに従いその発行する株式又はその処分する自己株式を引き受ける者の募集をするときは、第百九十九条第一項第二号及び第四号に掲げる事項を定めることを要しない。この場合において、当該株式会社は、募集株式について次に掲げる事項を定めなければならない。
that the issuance of shares or disposal of treasury shares relating to the subscription is intended as remuneration of directors (meaning remuneration as provided in Article 361, paragraph (1); the same applies in Article 236, paragraph (3), item (i)) and that the payment of the monies or contribution of property in exchange for the shares for subscription provided for in Article 199, paragraph (1), item (iii) is not required; and
取締役の報酬等（第三百六十一条第一項に規定する報酬等をいう。第二百三十六条第三項第一号において同じ。）として当該募集に係る株式の発行又は自己株式の処分をするものであり、募集株式と引換えにする金銭の払込み又は第百九十九条第一項第三号の財産の給付を要しない旨
the day of allotment of the shares for subscription (hereinafter in this Section referred to as the "day of allotment").
募集株式を割り当てる日（以下この節において「割当日」という。）
For the purpose of the application of the provisions of Article 199, paragraph (2) if the matters set forth in the items of the preceding paragraph are determined, the term "items of the preceding paragraph" in Article 199, paragraph (2) is deemed to be replaced with "items of the preceding paragraph (excluding item (ii) and item (iv)) and the items of Article 202-2, paragraph (1)". In these cases, the provisions of Article 200 and the preceding Article do not apply.
For the purpose of application of the provisions of paragraph (1) by a company with nominating committee, etc., the phrase "the provisions on the matters set forth in Article 361, paragraph (1), item (iii) pursuant to its articles of incorporation or a resolution of the shareholders meeting" in that paragraph is deemed to be replaced with "decision on the matters provided for in Article 409, paragraph (3), item (iii) by the remuneration committee" and the term "director" is deemed to be replaced with "executive officer or director".
指名委員会等設置会社における第一項の規定の適用については、同項中「定款又は株主総会の決議による第三百六十一条第一項第三号に掲げる事項についての定め」とあるのは「報酬委員会による第四百九条第三項第三号に定める事項についての決定」と、「取締役」とあるのは「執行役又は取締役」とする。
Read this with the articles around it
(Determination of Subscription Requirements)
Whenever a stock company intends to solicit persons to subscribe for shares it issues or for treasury shares it disposes of, the stock company must prescribe the following matters with respect to the…
株式会社は、その発行する株式又はその処分する自己株式を引き受ける者の募集をしようとするときは、その都度、募集株式（当該募集に応じてこれらの株式の引受けの申込みをした者に対して割り当てる株式をいう。以下この節において同じ。）について次に掲げる事項を定めなければならない。
Open this provision(Determination of Subscription Requirements)
the amount to be paid in (meaning the amount of the monies to be paid in in exchange for one of the shares for subscription, or the amount of any property other than monies to be contributed…
募集株式の払込金額（募集株式一株と引換えに払い込む金銭又は給付する金銭以外の財産の額をいう。以下この節において同じ。）又はその算定方法
Open this provision(Determination of Subscription Requirements)
if property other than monies will be the subject of the contribution, a statement to that effect and the description and value of relevant property;
金銭以外の財産を出資の目的とするときは、その旨並びに当該財産の内容及び価額
Open this provision(Determination of Subscription Requirements)
the day or period for the payment of the monies in exchange for the shares for subscription, or the contribution of the property under the preceding item;
募集株式と引換えにする金銭の払込み又は前号の財産の給付の期日又はその期間
Open this provision(Determination of Subscription Requirements)
The determination of the matters set forth in each item of the preceding paragraph (hereinafter in this Section referred to as "subscription requirements") must be made by a resolution at a…
前項各号に掲げる事項（以下この節において「募集事項」という。）の決定は、株主総会の決議によらなければならない。
Open this provision(Delegation of Determination of Subscription Requirements)
Notwithstanding the provisions of paragraphs (2) and (4) of the preceding Article, at a shareholders meeting, the determination of the subscription requirements may be delegated to the directors by a…
前条第二項及び第四項の規定にかかわらず、株主総会においては、その決議によって、募集事項の決定を取締役（取締役会設置会社にあっては、取締役会）に委任することができる。この場合においては、その委任に基づいて募集事項の決定をすることができる募集株式の数の上限及び払込金額の下限を定めなければならない。
Open this provision(Cases Where Entitlement to Allotment of Shares Is Granted to Shareholders)
In carrying out solicitation under Article 199, paragraph (1), the stock company may grant entitlement to the allotment of shares to its shareholders.
株式会社は、第百九十九条第一項の募集において、株主に株式の割当てを受ける権利を与えることができる。この場合においては、募集事項のほか、次に掲げる事項を定めなければならない。
Open this provision(Special Provisions on Determination of Subscription Requirements Relating to Director Remuneration)
When a stock company that has issued shares that are set forth on a financial instruments exchange provided for in Article 2, paragraph (16) of the Financial Instruments and Exchange Act solicits…
金融商品取引法第二条第十六項に規定する金融商品取引所に上場されている株式を発行している株式会社は、定款又は株主総会の決議による第三百六十一条第一項第三号に掲げる事項についての定めに従いその発行する株式又はその処分する自己株式を引き受ける者の募集をするときは…
Open this provision(Features of Share Option)
that the issuance of the share options is intended as remuneration of directors or in exchange for payments made with remuneration of directors and that payment of monies or delivery of property…
取締役の報酬等として又は取締役の報酬等をもってする払込みと引換えに当該新株予約権を発行するものであり、当該新株予約権の行使に際してする金銭の払込み又は第一項第三号の財産の給付を要しない旨
Open this provision(Remuneration for Directors)
The following matters with respect to the financial benefits received from a stock company as a consideration for the execution of the duties, such as remunerations and bonuses…
取締役の報酬、賞与その他の職務執行の対価として株式会社から受ける財産上の利益（以下この章において「報酬等」という。）についての次に掲げる事項は、定款に当該事項を定めていないときは、株主総会の決議によって定める。
Open this provision(Remuneration for Directors)
for remunerations that are shares for subscription (meaning shares for subscription provided in Article 199, paragraph (1); hereinafter the same applies in this paragraph and Article 409, paragraph…
報酬等のうち当該株式会社の募集株式（第百九十九条第一項に規定する募集株式をいう。以下この項及び第四百九条第三項において同じ。）については、当該募集株式の数（種類株式発行会社にあっては、募集株式の種類及び種類ごとの数）の上限その他法務省令で定める事項
Open this provision(Methods for Decisions on Remuneration by Remuneration Committee)
remunerations that are shares for subscription of the stock company: the number of the shares for subscription (or, for a company with class shares, the classes of the shares for subscription and the…
当該株式会社の募集株式 当該募集株式の数（種類株式発行会社にあっては、募集株式の種類及び種類ごとの数）その他法務省令で定める事項
Open this provisioncompany with nominating committee, etc.machine translation
「指名委員会等設置会社」
A stock company with a nominating committee, an audit committee and a remuneration committee, each made up of directors.
Defined inArticle 2, paragraph (1), item (xii)· applies throughout the law
treasury sharesmachine translation
「自己株式」
Shares of a stock company that the company itself holds.
Defined inArticle 113, paragraph (4)
shares for subscription
「募集株式」
Shares, newly issued or held by the company itself, that a stock company allots to the persons who applied for them in response to its invitation to subscribe.
Defined inArticle 199, paragraph (1)· applies only in this section
remuneration of directorsmachine translation
「取締役の報酬等」
In Article 202-2, paragraph (1), item (i) and Article 236, paragraph (3), item (i), the remuneration, bonuses and other financial benefits a director receives from the stock company in return for performing their duties, as Article 361, paragraph (1) defines them.
Defined inArticle 202-2, paragraph (1), item (i)· applies only in this provision and in Article 236, paragraph (3), item (i)
day of allotment
「割当日」
The day on which shares for subscription, or share options for subscription, are allotted to the persons who applied for them.
Short name set inArticle 202-2, paragraph (1), item (ii)· applies only in this section
remunerations
「報酬等」
The pay, bonuses and any other financial benefit that directors and other officers receive from a stock company in return for doing their job.
Short name set inArticle 361, paragraph (1)· applies only in this chapter
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.
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.
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.