A stock company must, without delay after the day of issue of share options for which certificates are issued, issue share option certificates representing the share options for which certificates are issued.
株式会社は、証券発行新株予約権を発行した日以後遅滞なく、当該証券発行新株予約権に係る新株予約権証券を発行しなければならない。
Notwithstanding the provisions of the preceding paragraph, a stock company may elect to not deliver the share option certificates under that paragraph until the share option holders so request.
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share options for which certificates are issuedmachine translation
「証券発行新株予約権」
Share options, other than those attached to bonds, whose terms provide that share option certificates are issued for them.
Defined inArticle 249, paragraph (1), item (iii), (d)· applies only in this chapter