# 会社法 / Companies Act — 第二章 (Part 4, Chapter 2) This is the Markdown twin of https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2. Every law, and how to address a provision: https://japanlaw.org/llms.txt. The same laws as MCP tools (no sign-in): https://japanlaw.org/mcp. - Law: 会社法 (Companies Act), 平成十七年法律第八十六号 - English title "Companies Act": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第二章 (Part 4, Chapter 2) — address `pt-4/ch-2` - Text: the text as amended with effect from 2027-12-05 (On the day Act No. 56 of 2025 (譲渡担保契約及び所有権留保契約に関する法律) comes into force. The exact day is not fixed yet.), standing until 2028-06-12 as now scheduled, since the next amendment's day is not fixed — NOT yet in force (revision 20271205_507AC0000000057) - URL (this text's page, at this provision): https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2 - The same address in the text in force (its wording there may differ): https://japanlaw.org/en/companies-act/pt-4/ch-2 - Every provision below carries its address and its place on this text's page on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. The Ministry's English is given only where this text's Japanese is a wording the Ministry translated — the same as the text in force, or for a text not yet in force, a wording it translated ahead; every other paragraph's English is machine translation. --- ## 第二章　社債管理者 — Chapter II Bond Administrators heading: Ministry of Justice translation — Japanese Law Translation Database System pt-4/ch-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2 ### 第七百二条（社債管理者の設置） — (Establishment of Bond Administrators) caption: Ministry of Justice translation — Japanese Law Translation Database System art-702 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-702 **第一項** 会社は、社債を発行する場合には、社債管理者を定め、社債権者のために、弁済の受領、債権の保全その他の社債の管理を行うことを委託しなければならない。ただし、各社債の金額が一億円以上である場合その他社債権者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は、この限りでない。 art-702/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-702/par-1 If a company will issue bonds, the company must specify a bond administrator and entrust the receipt of payments, the preservation of rights of claim on behalf of the bondholders and other administration of the bonds to that manager; provided, however, that this does not apply if the amount of each bond is 100,000,000 yen or more, and other cases prescribed by Ministry of Justice Order as cases where it is unlikely that the protection of bondholders will be compromised. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百三条（社債管理者の資格） — (Qualifications of Bond Administrators) caption: Ministry of Justice translation — Japanese Law Translation Database System art-703 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-703 **第一項** 社債管理者は、次に掲げる者でなければならない。 art-703/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-703/par-1 A bond administrator must be a person set forth as follows: Ministry of Justice translation — Japanese Law Translation Database System **一** 銀行 art-703/par-1/item-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-703/par-1/item-1 a bank; Ministry of Justice translation — Japanese Law Translation Database System **二** 信託会社 art-703/par-1/item-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-703/par-1/item-2 a trust company; and Ministry of Justice translation — Japanese Law Translation Database System **三** 前二号に掲げるもののほか、これらに準ずるものとして法務省令で定める者 art-703/par-1/item-3 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-703/par-1/item-3 beyond what is set forth in the preceding two items, a person prescribed by Ministry of Justice Order as a person equivalent to the above. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百四条（社債管理者の義務） — (Obligations of Bond Administrators) caption: Ministry of Justice translation — Japanese Law Translation Database System art-704 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-704 **第一項** 社債管理者は、社債権者のために、公平かつ誠実に社債の管理を行わなければならない。 art-704/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-704/par-1 Bond administrators must perform the administration of bonds in a fair and sincere manner on behalf of the bondholders. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 社債管理者は、社債権者に対し、善良な管理者の注意をもって社債の管理を行わなければならない。 art-704/par-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-704/par-2 Bond administrators must manage the bonds with due care of a prudent manager to the bondholders. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百五条（社債管理者の権限等） — (Bond Administrator's Power of Representation) caption: Ministry of Justice translation — Japanese Law Translation Database System art-705 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705 **第一項** 社債管理者は、社債権者のために社債に係る債権の弁済を受け、又は社債に係る債権の実現を保全するために必要な一切の裁判上又は裁判外の行為をする権限を有する。 art-705/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705/par-1 A manager has authority to do all judicial and non-judicial acts on behalf of bondholders that are necessary to receive payment of claims relating to the bonds or to preserve the realization of claims relating to the bonds. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 社債管理者が前項の弁済を受けた場合には、社債権者は、その社債管理者に対し、社債の償還額及び利息の支払を請求することができる。この場合において、社債券を発行する旨の定めがあるときは、社債権者は、社債券と引換えに当該償還額の支払を、利札と引換えに当該利息の支払を請求しなければならない。 art-705/par-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705/par-2 If a bond administrator has received payment under the preceding paragraph, the bondholders may claim payment of the redeemed amount of bonds and interest from the bond administrator. In these cases, if there are provisions to the effect that bond certificates are issued, the bondholders must claim the payment of relevant redeemed amount in exchange for the bond certificates, and the payment of relevant interest in exchange for the coupons. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 前項前段の規定による請求権は、これを行使することができる時から十年間行使しないときは、時効によって消滅する。 art-705/par-3 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705/par-3 The right to claim under the provisions of the first sentence of the preceding paragraph will be extinguished by prescription if not exercised for ten years from the time that this right can be exercised. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 社債管理者は、その管理の委託を受けた社債につき第一項の行為をするために必要があるときは、裁判所の許可を得て、社債発行会社の業務及び財産の状況を調査することができる。 art-705/par-4 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705/par-4 If it is necessary for a bond administrator to carry out the acts under paragraph (1) with respect to bonds that the bond administrator has been entrusted to administer, the bond administrator may, with the permission of the court, investigate the status of the business and assets of the bond-issuing company. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百六条 art-706 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706 **第一項** 社債管理者は、社債権者集会の決議によらなければ、次に掲げる行為をしてはならない。ただし、第二号に掲げる行為については、第六百七十六条第八号に掲げる事項についての定めがあるときは、この限りでない。 art-706/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-1 A bond administrator may not carry out the following acts without a resolution at a bondholders meeting; provided, however, that this does not apply with respect to the act set forth in item (ii) if there are provisions with respect to the matters set forth in Article 676, item (viii): Ministry of Justice translation — Japanese Law Translation Database System **一** 当該社債の全部についてするその支払の猶予、その債務若しくはその債務の不履行によって生じた責任の免除又は和解（次号に掲げる行為を除く。） art-706/par-1/item-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-1/item-1 with respect to all of the bonds, granting extension for the payment of those bonds, or releasing, or settling those obligations or liability arising from the failure to perform the obligations of those bonds (excluding the acts set forth in the following item); Ministry of Justice translation — Japanese Law Translation Database System **二** 当該社債の全部についてする訴訟行為又は破産手続、再生手続、更生手続若しくは特別清算に関する手続に属する行為（前条第一項の行為を除く。） art-706/par-1/item-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-1/item-2 carrying out procedural actions with respect to the all of the bonds, or any action involved in bankruptcy proceedings, rehabilitation proceedings, reorganization proceedings or proceedings for special liquidation (excluding the act under paragraph (1) of the preceding Article). Ministry of Justice translation — Japanese Law Translation Database System **第二項** 社債管理者は、前項ただし書の規定により社債権者集会の決議によらずに同項第二号に掲げる行為をしたときは、遅滞なく、その旨を公告し、かつ、知れている社債権者には、各別にこれを通知しなければならない。 art-706/par-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-2 If a bond administrator carries out the acts set forth in item (ii) of the preceding paragraph without a resolution at a bondholders meeting under the provisions of the proviso to that paragraph, the bond administrator must, without delay, give public notice to that effect and separate notice thereof to each known bondholder. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 前項の規定による公告は、社債発行会社における公告の方法によりしなければならない。ただし、その方法が電子公告であるときは、その公告は、官報に掲載する方法でしなければならない。 art-706/par-3 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-3 The public notice under the provisions of the preceding paragraph must be made in accordance with the means of public notice used by the bond-issuing company; provided, however, that, if that method is electronic public notice, relevant public notice must be effected by publication in Official Gazette. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 社債管理者は、その管理の委託を受けた社債につき第一項各号に掲げる行為をするために必要があるときは、裁判所の許可を得て、社債発行会社の業務及び財産の状況を調査することができる。 art-706/par-4 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-4 If it is necessary for a bond administrator to carry out the acts set forth in each item of paragraph (1) with respect to bonds that the bond administrator has been entrusted to administer, the bond administrator may, with the permission of the court, investigate the status of the business and assets of the bond-issuing company. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百七条（特別代理人の選任） — (Appointment of Special Agent) caption: Ministry of Justice translation — Japanese Law Translation Database System art-707 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-707 **第一項** 社債権者と社債管理者との利益が相反する場合において、社債権者のために裁判上又は裁判外の行為をする必要があるときは、裁判所は、社債権者集会の申立てにより、特別代理人を選任しなければならない。 art-707/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-707/par-1 If there is conflict between the interests of the bondholders and those of the bond administrator, if it is necessary to carry out judicial and non-judicial acts on behalf of bondholders, the court must, in response to a petition by the bondholders meeting, appoint a special agent. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百八条（社債管理者等の行為の方式） — (Method of Acts of bond Administrators) caption: Ministry of Justice translation — Japanese Law Translation Database System art-708 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-708 **第一項** 社債管理者又は前条の特別代理人が社債権者のために裁判上又は裁判外の行為をするときは、個別の社債権者を表示することを要しない。 art-708/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-708/par-1 If a bond administrator or a special agent under the preceding Article performs judicial or non-judicial acts on behalf of bondholders, they need not identify individual bondholders. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百九条（二以上の社債管理者がある場合の特則） — (Special Provisions for Multiple Bond Administrators) caption: Ministry of Justice translation — Japanese Law Translation Database System art-709 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-709 **第一項** 二以上の社債管理者があるときは、これらの者が共同してその権限に属する行為をしなければならない。 art-709/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-709/par-1 If there are two or more bond administrators, these persons must perform the acts within their authority jointly. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項に規定する場合において、社債管理者が第七百五条第一項の弁済を受けたときは、社債管理者は、社債権者に対し、連帯して、当該弁済の額を支払う義務を負う。 art-709/par-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-709/par-2 In the cases provided for in the preceding paragraph, if bond administrators have accepted payments referred to in Article 705, paragraph (1), the bond administrators are jointly and severally liable for payment of the amount so tendered. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百十条（社債管理者の責任） — (Liability of Bond Administrator) caption: Ministry of Justice translation — Japanese Law Translation Database System art-710 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-710 **第一項** 社債管理者は、この法律又は社債権者集会の決議に違反する行為をしたときは、社債権者に対し、連帯して、これによって生じた損害を賠償する責任を負う。 art-710/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-710/par-1 If bond administrators commit acts in violation of this Act or resolutions at the bondholders meeting, they are jointly and severally liable to compensate bondholders for losses arising as a result. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 社債管理者は、社債発行会社が社債の償還若しくは利息の支払を怠り、若しくは社債発行会社について支払の停止があった後又はその前三箇月以内に、次に掲げる行為をしたときは、社債権者に対し、損害を賠償する責任を負う。ただし、当該社債管理者が誠実にすべき社債の管理を怠らなかったこと又は当該損害が当該行為によって生じたものでないことを証明したときは、この限りでない。 art-710/par-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-710/par-2 A bond administrator is liable to compensate bondholders for losses if the bond administrator commits any of the following acts after, or within three months prior to, the bond-issuing company's having failed to redeem bonds or pay interest on the same, or having suspended payments; provided, however, that this does not apply if relevant bond administrator has proven that the bond administrator did not fail to manage the bonds with due diligence, or that relevant losses were not caused by relevant acts: Ministry of Justice translation — Japanese Law Translation Database System **一** 当該社債管理者の債権に係る債務について社債発行会社から担保の供与又は債務の消滅に関する行為を受けること。 art-710/par-2/item-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-710/par-2/item-1 accepting, with respect to an obligation relating to a claim of relevant bond administrator, the tender of a security or an act regarding the extinguishment of the obligation from the bond-issuing company; Ministry of Justice translation — Japanese Law Translation Database System **二** 当該社債管理者と法務省令で定める特別の関係がある者に対して当該社債管理者の債権を譲り渡すこと（当該特別の関係がある者が当該債権に係る債務について社債発行会社から担保の供与又は債務の消滅に関する行為を受けた場合に限る。）。 art-710/par-2/item-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-710/par-2/item-2 transferring a claim of relevant bond administrator to a person who has a special relationship prescribed by Ministry of Justice Order with relevant bond administrator (limited to cases where the person who has relevant special relationship has accepted with respect to an obligation relating to relevant claim, the tender of a security or an act regarding the extinguishment of the obligation, from the bond-issuing company); or Ministry of Justice translation — Japanese Law Translation Database System **三** 当該社債管理者が社債発行会社に対する債権を有する場合において、契約によって負担する債務を専ら当該債権をもってする相殺に供する目的で社債発行会社の財産の処分を内容とする契約を社債発行会社との間で締結し、又は社債発行会社に対して債務を負担する者の債務を引き受けることを内容とする契約を締結し、かつ、これにより社債発行会社に対し負担した債務と当該債権とを相殺すること。 art-710/par-2/item-3 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-710/par-2/item-3 if relevant bond administrator has a claim against the bond-issuing company, entering into a contract with the bond-issuing company for disposal of assets of the bond-issuing company, or entering into a contract under which the bond administrator assumes the obligations that a person owes to the bond-issuing company, in each case for the sole purpose of setting off obligations to the bond-issuing company that the bond administrator assumes under the contract against the bond administrator's claim against the bond-issuing company; Ministry of Justice translation — Japanese Law Translation Database System **四** 当該社債管理者が社債発行会社に対して債務を負担する場合において、社債発行会社に対する債権を譲り受け、かつ、当該債務と当該債権とを相殺すること。 art-710/par-2/item-4 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-710/par-2/item-4 if relevant bond administrator has an obligation to the bond-issuing company, accepting the transfer of a claim against the bond-issuing company and setting off relevant obligation against relevant claim. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百十一条（社債管理者の辞任） — (Resignation of Bond Administrators) caption: Ministry of Justice translation — Japanese Law Translation Database System art-711 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-711 **第一項** 社債管理者は、社債発行会社及び社債権者集会の同意を得て辞任することができる。この場合において、他に社債管理者がないときは、当該社債管理者は、あらかじめ、事務を承継する社債管理者を定めなければならない。 art-711/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-711/par-1 A bond administrator may resign with the consent of the bond-issuing company and the bondholders meeting. In these cases, if there is no other bond administrator, relevant bond administrator must specify a bond administrator to succeed to the administration of the bonds in advance. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定にかかわらず、社債管理者は、第七百二条の規定による委託に係る契約に定めた事由があるときは、辞任することができる。ただし、当該契約に事務を承継する社債管理者に関する定めがないときは、この限りでない。 art-711/par-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-711/par-2 Notwithstanding the provisions of the preceding paragraph, a bond administrator may resign on any ground provided for in the entrustment contract under the provisions of Article 702;provided, however, that this does not apply if the contract does not have provisions regarding bond administrators to succeed to the administration of the bonds. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 第一項の規定にかかわらず、社債管理者は、やむを得ない事由があるときは、裁判所の許可を得て、辞任することができる。 art-711/par-3 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-711/par-3 Notwithstanding the provisions of paragraph (1), a bond administrator may resign with the permission of the court if there are unavoidable reasons. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百十二条（社債管理者が辞任した場合の責任） — (Liability of Bond Administrators after Resignation) caption: Ministry of Justice translation — Japanese Law Translation Database System art-712 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-712 **第一項** 第七百十条第二項の規定は、社債発行会社が社債の償還若しくは利息の支払を怠り、若しくは社債発行会社について支払の停止があった後又はその前三箇月以内に前条第二項の規定により辞任した社債管理者について準用する。 art-712/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-712/par-1 The provisions of Article 710, paragraph (2) apply mutatis mutandis to a person who resigned as bond administrator under the provisions of paragraph (2) of the preceding Article after, or within three months prior to, the bond-issuing company's having failed to redeem bonds or pay interest, or having suspended payments. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百十三条（社債管理者の解任） — (Dismissal of Bond Administrators) caption: Ministry of Justice translation — Japanese Law Translation Database System art-713 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-713 **第一項** 裁判所は、社債管理者がその義務に違反したとき、その事務処理に不適任であるときその他正当な理由があるときは、社債発行会社又は社債権者集会の申立てにより、当該社債管理者を解任することができる。 art-713/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-713/par-1 The court may dismiss a bond administrator in response to a petition by the bond-issuing company or a bondholders meeting if the bond administrator has violated the bond administrator's obligations, if the bond administrator is not fit to handle the administration for which the bond administrator is responsible, or if there are other justifiable grounds. Ministry of Justice translation — Japanese Law Translation Database System ### 第七百十四条（社債管理者の事務の承継） — (Succession to Bond Administrator's Administration of Bonds) caption: Ministry of Justice translation — Japanese Law Translation Database System art-714 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714 **第一項** 社債管理者が次のいずれかに該当することとなった場合において、他に社債管理者がないときは、社債発行会社は、事務を承継する社債管理者を定め、社債権者のために、社債の管理を行うことを委託しなければならない。この場合においては、社債発行会社は、社債権者集会の同意を得るため、遅滞なく、これを招集し、かつ、その同意を得ることができなかったときは、その同意に代わる裁判所の許可の申立てをしなければならない。 art-714/par-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-1 If a bond administrator has fallen under any of the following circumstances, if there is no other bond administrator, the bond-issuing company must specify a bond administrator to succeed to the administration of the bonds, and entrust the administration of the bonds to the person on behalf of the bondholders. In these cases, the bond-issuing company must convene a bondholders meeting without delay in order to obtain the consent of the same, and if the consent cannot be obtained, must file a petition for the permission of the court in lieu of that consent: Ministry of Justice translation — Japanese Law Translation Database System **一** 第七百三条各号に掲げる者でなくなったとき。 art-714/par-1/item-1 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-1/item-1 if the bond administrator is no longer a person set forth in any item of Article 703; Ministry of Justice translation — Japanese Law Translation Database System **二** 第七百十一条第三項の規定により辞任したとき。 art-714/par-1/item-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-1/item-2 if the bond administrator has resigned under the provisions of Article 711, paragraph (3); Ministry of Justice translation — Japanese Law Translation Database System **三** 前条の規定により解任されたとき。 art-714/par-1/item-3 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-1/item-3 if the bond administrator has been dismissed under the provisions of the preceding paragraph; or Ministry of Justice translation — Japanese Law Translation Database System **四** 解散したとき。 art-714/par-1/item-4 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-1/item-4 if the bond administrator has been dissolved. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 社債発行会社は、前項前段に規定する場合において、同項各号のいずれかに該当することとなった日後二箇月以内に、同項後段の規定による招集をせず、又は同項後段の申立てをしなかったときは、当該社債の総額について期限の利益を喪失する。 art-714/par-2 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-2 In the cases provided for in the first sentence of the preceding paragraph, if a bond-issuing company does not convene a meeting under the provisions of the second sentence of that paragraph or file a petition under the second sentence of that paragraph within two months of the day on which the bond-issuing company fell under any of the circumstances in each item of that paragraph, the bond-issuing company will forfeit the benefit of time in relation to the total amount of relevant bonds. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 第一項前段に規定する場合において、やむを得ない事由があるときは、利害関係人は、裁判所に対し、事務を承継する社債管理者の選任の申立てをすることができる。 art-714/par-3 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-3 In the cases provided for in the first sentence of paragraph (1), if there are unavoidable reasons, interested parties may petition the court for the appointment of a bond administrator to succeed to the administration of the bonds. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 社債発行会社は、第一項前段の規定により事務を承継する社債管理者を定めた場合（社債権者集会の同意を得た場合を除く。）又は前項の規定による事務を承継する社債管理者の選任があった場合には、遅滞なく、その旨を公告し、かつ、知れている社債権者には、各別にこれを通知しなければならない。 art-714/par-4 · https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-4 If a bond-issuing company has specified the bond administrator to succeed to the administration of the bonds pursuant to the provisions of the first sentence of paragraph (1) (excluding cases where the consent of a bondholders meeting has been obtained), or if a bond administrator has been appointed to succeed to the administration of the bonds under the provisions of the preceding paragraph, the bond-issuing company must, without delay, give public notice to that effect and separate notice thereof to each known bondholder. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-703/par-1/item-3: 前二号 → 会社法 第七百三条第一項第一号 (Article 703, paragraph (1), item (i)), art-703/par-1/item-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-703/par-1/item-1 - art-703/par-1/item-3: 前二号 → 会社法 第七百三条第一項第二号 (Article 703, paragraph (1), item (ii)), art-703/par-1/item-2 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-703/par-1/item-2 - art-705/par-2: 前項 → 会社法 第七百五条第一項 (Article 705, paragraph (1)), art-705/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705/par-1 - art-705/par-3: 前項 → 会社法 第七百五条第二項 (Article 705, paragraph (2)), art-705/par-2 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705/par-2 - art-705/par-4: 第一項 → 会社法 第七百五条第一項 (Article 705, paragraph (1)), art-705/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705/par-1 - art-706/par-1: 第二号 → 会社法 第七百六条第一項第二号 (Article 706, paragraph (1), item (ii)), art-706/par-1/item-2 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-1/item-2 - art-706/par-1: 第六百七十六条第八号 → 会社法 第六百七十六条第一項第八号 (Article 676, paragraph (1), item (viii)), art-676/par-1/item-8 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-1/from-art-676#art-676/par-1/item-8 - art-706/par-1/item-1: 次号 → 会社法 第七百六条第一項第二号 (Article 706, paragraph (1), item (ii)), art-706/par-1/item-2 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-1/item-2 - art-706/par-1/item-2: 前条第一項 → 会社法 第七百五条第一項 (Article 705, paragraph (1)), art-705/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705/par-1 - art-706/par-2: 前項 → 会社法 第七百六条第一項 (Article 706, paragraph (1)), art-706/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-1 - art-706/par-2: 同項第二号 → 会社法 第七百六条第一項第二号 (Article 706, paragraph (1), item (ii)), art-706/par-1/item-2 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-1/item-2 - art-706/par-3: 前項 → 会社法 第七百六条第二項 (Article 706, paragraph (2)), art-706/par-2 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-2 - art-706/par-4: 第一項 → 会社法 第七百六条第一項 (Article 706, paragraph (1)), art-706/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-706/par-1 - art-708/par-1: 前条 → 会社法 第七百七条 (Article 707), art-707 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-707 - art-709/par-2: 前項 → 会社法 第七百九条第一項 (Article 709, paragraph (1)), art-709/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-709/par-1 - art-709/par-2: 第七百五条第一項 → 会社法 第七百五条第一項 (Article 705, paragraph (1)), art-705/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-705/par-1 - art-711/par-2: 前項 → 会社法 第七百十一条第一項 (Article 711, paragraph (1)), art-711/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-711/par-1 - art-711/par-2: 第七百二条 → 会社法 第七百二条 (Article 702), art-702 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-702 - art-711/par-3: 第一項 → 会社法 第七百十一条第一項 (Article 711, paragraph (1)), art-711/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-711/par-1 - art-712/par-1: 第七百十条第二項 → 会社法 第七百十条第二項 (Article 710, paragraph (2)), art-710/par-2 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-710/par-2 - art-712/par-1: 前条第二項 → 会社法 第七百十一条第二項 (Article 711, paragraph (2)), art-711/par-2 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-711/par-2 - art-714/par-1/item-1: 第七百三条 → 会社法 第七百三条 (Article 703), art-703 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-703 - art-714/par-1/item-2: 第七百十一条第三項 → 会社法 第七百十一条第三項 (Article 711, paragraph (3)), art-711/par-3 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-711/par-3 - art-714/par-1/item-3: 前条 → 会社法 第七百十三条 (Article 713), art-713 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-713 - art-714/par-2: 前項 → 会社法 第七百十四条第一項 (Article 714, paragraph (1)), art-714/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-1 - art-714/par-3: 第一項 → 会社法 第七百十四条第一項 (Article 714, paragraph (1)), art-714/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-1 - art-714/par-4: 第一項 → 会社法 第七百十四条第一項 (Article 714, paragraph (1)), art-714/par-1 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-1 - art-714/par-4: 前項 → 会社法 第七百十四条第三項 (Article 714, paragraph (3)), art-714/par-3 — https://japanlaw.org/en/companies-act/amendments/20271205_507AC0000000057/text/pt-4/ch-2#art-714/par-3 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 会社法 — the text as 令和七年法律第五十七号 leaves it, from a date not yet fixed (https://laws.e-gov.go.jp/law/417AC0000000086/20271205_507AC0000000057), retrieved 2026-09-17 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Companies Act — Ministry of Justice translation (part 1 of 2) (https://www.japaneselawtranslation.go.jp/en/laws/view/4481/tb), retrieved 2026-09-17 - This site's parser, version 223 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17