Article 206-2Special Provisions on Allotment of Shares for Subscription of a Public Company
第二百六条の二（公開会社における募集株式の割当て等の特則）
If the rate of the number set forth in item (I) to the number set forth in item (ii) exceeds 50% with regard to a subscriber for shares for subscription, a public company must notify shareholders of the name or address of the subscriber (hereinafter referred to as "special subscriber" in this paragraph and paragraph (4)), the number set forth in item (I) with respect to the special subscriber, and other matters prescribed by Ministry of Justice Order by two weeks before the day referred to in Article 199, paragraph (1), item (iv) (if the period referred to in the same item is specified, the first day of the period); provided however that this does not apply to cases where the special subscriber is a parent company, etc. of the public company or where the right to obtain the allotment of shares is granted to shareholders pursuant to the provisions of Article 202:
the number of votes that the subscriber (including its subsidiary companies, etc.) will hold when the subscriber becomes a shareholder of shares for subscription that the subscriber subscribed; and
the number of votes of all shareholders if all subscribers of the shares for subscription become shareholders of shares for subscription that they subscribed.
当該募集株式の引受人の全員がその引き受けた募集株式の株主となった場合における総株主の議決権の数
The notice pursuant to the provisions of the preceding paragraph may be substituted with a public notice.
前項の規定による通知は、公告をもってこれに代えることができる。
Notwithstanding the provisions of paragraph (1), if a stock company has made a notification under Article 4, paragraphs (1) through (3) of the Financial Instruments and Exchange Act with respect to the matters referred to in paragraph (1) of this Article by two weeks before the day prescribed in the same paragraph, or where it is prescribed by Ministry of Justice Order as cases where it is unlikely that the protection of shareholders is compromised, the notice pursuant to the provisions of paragraph (1) is not required.
When a shareholder holding one-tenth or more (if lesser proportion is prescribed in the articles of incorporation, the proportion) of the votes of all shareholders (excluding shareholders who cannot exercise voting rights in the shareholders meeting set forth in this paragraph) makes a notice to a public company that the shareholder is against subscription for shares for subscription by a special subscriber (including its subsidiary companies, etc.; hereinafter the same applies in this paragraph) within two weeks from the day of notice pursuant to the provisions of paragraph (1) or the day of public notice referred to in paragraph (2) (in the case set forth in the preceding paragraph, the day specified by Ministry of Justice Order), the public company must obtain approval for the allotment of shares for subscription to the special subscriber or for the contract referred to in Article 205, paragraph (1) with the special subscriber by the resolution at the shareholders meeting by the day before the day specified in paragraph (1); provided, however, that this does not apply if the public company's financial condition has deteriorated greatly and there is an urgent necessity in order for the public company to continue in business.
総株主（この項の株主総会において議決権を行使することができない株主を除く。）の議決権の十分の一（これを下回る割合を定款で定めた場合にあっては、その割合）以上の議決権を有する株主が第一項の規定による通知又は第二項の公告の日（前項の場合にあっては、法務省令で定める日）から二週間以内に特定引受人（その子会社等を含む。以下この項において同じ。）による募集株式の引受けに反対する旨を公開会社に対し通知したときは、当該公開会社は、第一項に規定する期日の前日までに、株主総会の決議によって、当該特定引受人に対する募集株式の割当て又は当該特定引受人との間の第二百五条第一項の契約の承認を受けなければならない。ただし、当該公開会社の財産の状況が著しく悪化している場合において、当該公開会社の事業の継続のため緊急の必要があるときは、この限りでない。
Notwithstanding the provisions of Article 309, paragraph (1), the resolution at the shareholders meeting referred to in the preceding paragraph must be passed by attendance of the shareholders holding a majority of votes out of the shareholders who can exercise voting rights (if one third or more of the proportion is stipulated by the articles of incorporation, the proportion or more) and by a majority of voting rights of the shareholders presents (if any proportion higher than that is provided for in the articles of incorporation, the proportion or more).
Read this with the articles around it
(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(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 Subscription and Allotment of Shares for Subscription)
The provisions of the preceding two Articles do not apply if a person who intends to subscribe for shares for subscription executes a contract for subscription for the total number of those shares.
前二条の規定は、募集株式を引き受けようとする者がその総数の引受けを行う契約を締結する場合には、適用しない。
Open this provision(Special Provisions on Allotment of Shares for Subscription of a Public Company)
If the rate of the number set forth in item (I) to the number set forth in item (ii) exceeds 50% with regard to a subscriber for shares for subscription…
公開会社は、募集株式の引受人について、第一号に掲げる数の第二号に掲げる数に対する割合が二分の一を超える場合には、第百九十九条第一項第四号の期日（同号の期間を定めた場合にあっては、その期間の初日）の二週間前までに、株主に対し、当該引受人（以下この項及び第四項において「特定引受人」という。）の氏名又は名称及び住所…
Open this provision(Special Provisions on Allotment of Shares for Subscription of a Public Company)
the number of votes that the subscriber (including its subsidiary companies, etc.) will hold when the subscriber becomes a shareholder of shares for subscription that the subscriber subscribed; and
当該引受人（その子会社等を含む。）がその引き受けた募集株式の株主となった場合に有することとなる議決権の数
Open this provision(Special Provisions on Allotment of Shares for Subscription of a Public Company)
the number of votes of all shareholders if all subscribers of the shares for subscription become shareholders of shares for subscription that they subscribed.
当該募集株式の引受人の全員がその引き受けた募集株式の株主となった場合における総株主の議決権の数
Open this provision(Special Provisions on Allotment of Shares for Subscription of a Public Company)
The notice pursuant to the provisions of the preceding paragraph may be substituted with a public notice.
前項の規定による通知は、公告をもってこれに代えることができる。
Open this provision(Special Provisions on Allotment of Shares for Subscription of a Public Company)
Notwithstanding the provisions of paragraph (1), if a stock company has made a notification under Article 4, paragraphs (1) through (3) of the Financial Instruments and Exchange Act with respect to…
第一項の規定にかかわらず、株式会社が同項の事項について同項に規定する期日の二週間前までに金融商品取引法第四条第一項から第三項までの届出をしている場合その他の株主の保護に欠けるおそれがないものとして法務省令で定める場合には、第一項の規定による通知は、することを要しない。
Open this provision(Special Provisions on Allotment of Shares for Subscription of a Public Company)
When a shareholder holding one-tenth or more (if lesser proportion is prescribed in the articles of incorporation, the proportion) of the votes of all shareholders…
総株主（この項の株主総会において議決権を行使することができない株主を除く。）の議決権の十分の一（これを下回る割合を定款で定めた場合にあっては、その割合）以上の議決権を有する株主が第一項の規定による通知又は第二項の公告の日（前項の場合にあっては、法務省令で定める日）から二週間以内に特定引受人（その子会社等を含む。以下こ…
Open this provision(Resolutions at Shareholders Meetings)
Unless otherwise provided for in the articles of incorporation, the resolution at a shareholders meeting is passed by a majority of the votes of the shareholders present at the meeting where the…
株主総会の決議は、定款に別段の定めがある場合を除き、議決権を行使することができる株主の議決権の過半数を有する株主が出席し、出席した当該株主の議決権の過半数をもって行う。
Open this provisionsubsidiary company, etc.
「子会社等」
A subsidiary company, or a corporation or other entity whose management is controlled by a person other than a company, such as an individual, as set out by Ministry of Justice Order (法務省令).
Defined inArticle 2, paragraph (1), item (iii-2)· applies throughout the law
parent company, etc.
「親会社等」
A parent company, or a person other than a company, such as an individual, who controls a stock company's management as set out by Ministry of Justice Order (法務省令).
Defined inArticle 2, paragraph (1), item (iv-2)· applies throughout the law
public company
「公開会社」
A stock company whose articles of incorporation do not require the company's approval for transfers of at least some of its shares; it need not be listed on a stock exchange.
Defined inArticle 2, paragraph (1), item (v)· applies throughout the law
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
special subscriber
「特定引受人」
A subscriber for shares offered by a public company who, together with its subsidiary companies, etc., would hold more than half of the votes of all shareholders once it became a shareholder of the shares it took up, and whom the company must name to its shareholders two weeks before the day (or the first day of the period) set for paying for the shares.
Short name set inArticle 206-2, paragraph (1)· applies only in this paragraph and in Article 206-2, paragraph (4)
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.
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.