# 会社法 / Companies Act — 第百三十五条 (Article 135)

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- 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: 第百三十五条 (Article 135)（親会社株式の取得の禁止） — address `art-135`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-135
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-135
- Every provision below carries its address and both URLs 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.

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### 第百三十五条（親会社株式の取得の禁止） — (Acquisition of Shares of Parent Companies Prohibited)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-135 · https://japanlaw.org/en/companies-act/art-135 · https://japanlaw.org/l/417AC0000000086/art-135</sup>

      **第一項**  子会社は、その親会社である株式会社の株式（以下この条において「親会社株式」という。）を取得してはならない。
      <sup>art-135/par-1 · https://japanlaw.org/en/companies-act/art-135/par-1 · https://japanlaw.org/l/417AC0000000086/art-135/par-1</sup>
      A subsidiary company may not acquire the shares of a stock company that is its parent company (hereinafter in this Article referred to as "parent company's shares").
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第二項**  前項の規定は、次に掲げる場合には、適用しない。
      <sup>art-135/par-2 · https://japanlaw.org/en/companies-act/art-135/par-2 · https://japanlaw.org/l/417AC0000000086/art-135/par-2</sup>
      The provisions of the preceding paragraph do not apply to the following cases:
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **一**  他の会社（外国会社を含む。）の事業の全部を譲り受ける場合において当該他の会社の有する親会社株式を譲り受ける場合
        <sup>art-135/par-2/item-1 · https://japanlaw.org/en/companies-act/art-135/par-2/item-1 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-1</sup>
        if the subsidiary company accepts the transfer of the parent company's shares held by another company if the subsidiary company accepts the transfer of the entire business of relevant other company (including foreign companies);
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **二**  合併後消滅する会社から親会社株式を承継する場合
        <sup>art-135/par-2/item-2 · https://japanlaw.org/en/companies-act/art-135/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-2</sup>
        if the subsidiary company succeeds to the parent company's shares from a company disappearing due to merger;
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **三**  吸収分割により他の会社から親会社株式を承継する場合
        <sup>art-135/par-2/item-3 · https://japanlaw.org/en/companies-act/art-135/par-2/item-3 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-3</sup>
        if the subsidiary company succeeds to the parent company's shares from another company by absorption-type company split;
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **四**  新設分割により他の会社から親会社株式を承継する場合
        <sup>art-135/par-2/item-4 · https://japanlaw.org/en/companies-act/art-135/par-2/item-4 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-4</sup>
        if the subsidiary company succeeds to the parent company's shares from another company by incorporation-type company split; or
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **五**  前各号に掲げるもののほか、法務省令で定める場合
        <sup>art-135/par-2/item-5 · https://japanlaw.org/en/companies-act/art-135/par-2/item-5 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-5</sup>
        beyond what is set forth in the preceding items, cases prescribed by Ministry of Justice Order.
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第三項**  子会社は、相当の時期にその有する親会社株式を処分しなければならない。
      <sup>art-135/par-3 · https://japanlaw.org/en/companies-act/art-135/par-3 · https://japanlaw.org/l/417AC0000000086/art-135/par-3</sup>
      The subsidiary company must dispose of the parent company's shares held by the same at an appropriate time.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-135/par-1: この条 → 会社法 第百三十五条 (Article 135), art-135 — https://japanlaw.org/en/companies-act/art-135 · https://japanlaw.org/l/417AC0000000086/art-135
- art-135/par-2: 前項 → 会社法 第百三十五条第一項 (Article 135, paragraph (1)), art-135/par-1 — https://japanlaw.org/en/companies-act/art-135/par-1 · https://japanlaw.org/l/417AC0000000086/art-135/par-1
- art-135/par-2/item-5: 前各号 → 会社法 第百三十五条第二項第一号 (Article 135, paragraph (2), item (i)), art-135/par-2/item-1 — https://japanlaw.org/en/companies-act/art-135/par-2/item-1 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-1
- art-135/par-2/item-5: 前各号 → 会社法 第百三十五条第二項第二号 (Article 135, paragraph (2), item (ii)), art-135/par-2/item-2 — https://japanlaw.org/en/companies-act/art-135/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-2
- art-135/par-2/item-5: 前各号 → 会社法 第百三十五条第二項第三号 (Article 135, paragraph (2), item (iii)), art-135/par-2/item-3 — https://japanlaw.org/en/companies-act/art-135/par-2/item-3 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-3
- art-135/par-2/item-5: 前各号 → 会社法 第百三十五条第二項第四号 (Article 135, paragraph (2), item (iv)), art-135/par-2/item-4 — https://japanlaw.org/en/companies-act/art-135/par-2/item-4 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-4

## Cited by

6 provisions cite this one. No official source publishes this direction.

- 会社法 第百三十五条第一項（親会社株式の取得の禁止） — https://japanlaw.org/en/companies-act/art-135/par-1 · https://japanlaw.org/l/417AC0000000086/art-135/par-1
- 会社法 第百三十五条第二項（親会社株式の取得の禁止） — https://japanlaw.org/en/companies-act/art-135/par-2 · https://japanlaw.org/l/417AC0000000086/art-135/par-2
- 会社法 第百三十五条第二項第五号（親会社株式の取得の禁止） — https://japanlaw.org/en/companies-act/art-135/par-2/item-5 · https://japanlaw.org/l/417AC0000000086/art-135/par-2/item-5
- 会社法 第八百条第一項（消滅会社等の株主等に対して交付する金銭等が存続株式会社等の親会社株式である場合の特則） — https://japanlaw.org/en/companies-act/art-800/par-1 · https://japanlaw.org/l/417AC0000000086/art-800/par-1
- 会社法 第八百条第二項（消滅会社等の株主等に対して交付する金銭等が存続株式会社等の親会社株式である場合の特則） — https://japanlaw.org/en/companies-act/art-800/par-2 · https://japanlaw.org/l/417AC0000000086/art-800/par-2
- 会社法 第九百七十六条第一項第十号（過料に処すべき行為） — https://japanlaw.org/en/companies-act/art-976/par-1/item-10 · https://japanlaw.org/l/417AC0000000086/art-976/par-1/item-10

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## Sources

- e-Gov 法令検索, Digital Agency (デジタル庁) — 会社法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/417AC0000000086/20260812_508AC0000000064), 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