# 会社法 / Companies Act — 第百五十四条 (Article 154) - 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: 第百五十四条 (Article 154) — address `art-154` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-154 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-154 - 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. --- ### 第百五十四条 art-154 · https://japanlaw.org/en/companies-act/art-154 · https://japanlaw.org/l/417AC0000000086/art-154 **第一項** 登録株式質権者は、第百五十一条第一項の金銭等（金銭に限る。）又は同条第二項の金銭を受領し、他の債権者に先立って自己の債権の弁済に充てることができる。 art-154/par-1 · https://japanlaw.org/en/companies-act/art-154/par-1 · https://japanlaw.org/l/417AC0000000086/art-154/par-1 Registered pledgees of shares may receive the monies, etc. (limited to monies) under Article 151, paragraph (1), or monies under paragraph (2) of that Article, and appropriate them as payment to satisfy their own claims in priority to other creditors. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 株式会社が次の各号に掲げる行為をした場合において、前項の債権の弁済期が到来していないときは、登録株式質権者は、当該各号に定める者に同項に規定する金銭等に相当する金額を供託させることができる。この場合において、質権は、その供託金について存在する。 art-154/par-2 · https://japanlaw.org/en/companies-act/art-154/par-2 · https://japanlaw.org/l/417AC0000000086/art-154/par-2 If a stock company performs the acts set forth in the following items, if the claims under the preceding paragraph have not yet become due and payable, the registered pledgees of shares may have the person specified in each of those items deposit an amount equivalent to the value of the monies, etc. provided for in that paragraph. In these cases, the pledge is effective with respect to the monies so deposited: Ministry of Justice translation — Japanese Law Translation Database System **一** 第百五十一条第一項第一号から第六号まで、第八号、第九号又は第十四号に掲げる行為　当該株式会社 art-154/par-2/item-1 · https://japanlaw.org/en/companies-act/art-154/par-2/item-1 · https://japanlaw.org/l/417AC0000000086/art-154/par-2/item-1 acts set forth in Article 151, paragraph (1), items (i) through (vi), item (viii), item (ix), or item (xiv):that stock company; Ministry of Justice translation — Japanese Law Translation Database System **二** 組織変更　第七百四十四条第一項第一号に規定する組織変更後持分会社 art-154/par-2/item-2 · https://japanlaw.org/en/companies-act/art-154/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-154/par-2/item-2 entity conversion:membership company after entity conversion as prescribed in Article 744, paragraph (1), item (i); Ministry of Justice translation — Japanese Law Translation Database System **三** 合併（合併により当該株式会社が消滅する場合に限る。）　第七百四十九条第一項に規定する吸収合併存続会社又は第七百五十三条第一項に規定する新設合併設立会社 art-154/par-2/item-3 · https://japanlaw.org/en/companies-act/art-154/par-2/item-3 · https://japanlaw.org/l/417AC0000000086/art-154/par-2/item-3 merger (but only if the stock company disappears in the merger):the company surviving the absorption-type merger as prescribed in Article 749, paragraph (1) or the company incorporated in the consolidation-type merger as prescribed in Article 753, paragraph (1); Ministry of Justice translation — Japanese Law Translation Database System **四** 株式交換　第七百六十七条に規定する株式交換完全親会社 art-154/par-2/item-4 · https://japanlaw.org/en/companies-act/art-154/par-2/item-4 · https://japanlaw.org/l/417AC0000000086/art-154/par-2/item-4 share exchange:the wholly owning parent company resulting from the share exchange prescribed in Article 767; or Ministry of Justice translation — Japanese Law Translation Database System **五** 株式移転　第七百七十三条第一項第一号に規定する株式移転設立完全親会社 art-154/par-2/item-5 · https://japanlaw.org/en/companies-act/art-154/par-2/item-5 · https://japanlaw.org/l/417AC0000000086/art-154/par-2/item-5 share transfer:the wholly owning parent company incorporated in a share transfer as prescribed in Article 773, paragraph (1), item (i). Ministry of Justice translation — Japanese Law Translation Database System **第三項** 第百五十一条第二項に規定する場合において、第一項の債権の弁済期が到来していないときは、登録株式質権者は、当該特別支配株主に同条第二項の金銭に相当する金額を供託させることができる。この場合において、質権は、その供託金について存在する。 art-154/par-3 · https://japanlaw.org/en/companies-act/art-154/par-3 · https://japanlaw.org/l/417AC0000000086/art-154/par-3 In the case prescribed in Article 151, paragraph (2), if the claim under paragraph (1) has not yet come due and payable, a registered pledgee of shares may have the special controlling shareholders deposit an amount equivalent to the value of the monies under paragraph (2) of that Article. In this case, the pledge is effective with respect to the monies so deposited Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-154/par-1: 第百五十一条第一項 → 会社法 第百五十一条第一項 (Article 151, paragraph (1)), art-151/par-1 — https://japanlaw.org/en/companies-act/art-151/par-1 · https://japanlaw.org/l/417AC0000000086/art-151/par-1 - art-154/par-1: 同条第二項 → 会社法 第百五十一条第二項 (Article 151, paragraph (2)), art-151/par-2 — https://japanlaw.org/en/companies-act/art-151/par-2 · https://japanlaw.org/l/417AC0000000086/art-151/par-2 - art-154/par-2: 前項 → 会社法 第百五十四条第一項 (Article 154, paragraph (1)), art-154/par-1 — https://japanlaw.org/en/companies-act/art-154/par-1 · https://japanlaw.org/l/417AC0000000086/art-154/par-1 - art-154/par-2/item-1: 第百五十一条第一項第一号から第六号まで → 会社法 第百五十一条第一項第一号 (Article 151, paragraph (1), item (i)), art-151/par-1/item-1 — https://japanlaw.org/en/companies-act/art-151/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-151/par-1/item-1 - art-154/par-2/item-1: 第百五十一条第一項第一号から第六号まで → 会社法 第百五十一条第一項第二号 (Article 151, paragraph (1), item (ii)), art-151/par-1/item-2 — https://japanlaw.org/en/companies-act/art-151/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-151/par-1/item-2 - art-154/par-2/item-1: 第百五十一条第一項第一号から第六号まで → 会社法 第百五十一条第一項第三号 (Article 151, paragraph (1), item (iii)), art-151/par-1/item-3 — https://japanlaw.org/en/companies-act/art-151/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-151/par-1/item-3 - art-154/par-2/item-1: 第百五十一条第一項第一号から第六号まで → 会社法 第百五十一条第一項第四号 (Article 151, paragraph (1), item (iv)), art-151/par-1/item-4 — https://japanlaw.org/en/companies-act/art-151/par-1/item-4 · https://japanlaw.org/l/417AC0000000086/art-151/par-1/item-4 - art-154/par-2/item-1: 第百五十一条第一項第一号から第六号まで → 会社法 第百五十一条第一項第五号 (Article 151, paragraph (1), item (v)), art-151/par-1/item-5 — https://japanlaw.org/en/companies-act/art-151/par-1/item-5 · https://japanlaw.org/l/417AC0000000086/art-151/par-1/item-5 - art-154/par-2/item-1: 第百五十一条第一項第一号から第六号まで → 会社法 第百五十一条第一項第六号 (Article 151, paragraph (1), item (vi)), art-151/par-1/item-6 — https://japanlaw.org/en/companies-act/art-151/par-1/item-6 · https://japanlaw.org/l/417AC0000000086/art-151/par-1/item-6 - art-154/par-2/item-1: 第八号 → 会社法 第百五十一条第一項第八号 (Article 151, paragraph (1), item (viii)), art-151/par-1/item-8 — https://japanlaw.org/en/companies-act/art-151/par-1/item-8 · https://japanlaw.org/l/417AC0000000086/art-151/par-1/item-8 - art-154/par-2/item-1: 第九号 → 会社法 第百五十一条第一項第九号 (Article 151, paragraph (1), item (ix)), art-151/par-1/item-9 — https://japanlaw.org/en/companies-act/art-151/par-1/item-9 · https://japanlaw.org/l/417AC0000000086/art-151/par-1/item-9 - art-154/par-2/item-1: 第十四号 → 会社法 第百五十一条第一項第十四号 (Article 151, paragraph (1), item (xiv)), art-151/par-1/item-14 — https://japanlaw.org/en/companies-act/art-151/par-1/item-14 · https://japanlaw.org/l/417AC0000000086/art-151/par-1/item-14 - art-154/par-2/item-2: 第七百四十四条第一項第一号 → 会社法 第七百四十四条第一項第一号 (Article 744, paragraph (1), item (i)), art-744/par-1/item-1 — https://japanlaw.org/en/companies-act/art-744/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-744/par-1/item-1 - art-154/par-2/item-3: 第七百四十九条第一項 → 会社法 第七百四十九条第一項 (Article 749, paragraph (1)), art-749/par-1 — https://japanlaw.org/en/companies-act/art-749/par-1 · https://japanlaw.org/l/417AC0000000086/art-749/par-1 - art-154/par-2/item-3: 第七百五十三条第一項 → 会社法 第七百五十三条第一項 (Article 753, paragraph (1)), art-753/par-1 — https://japanlaw.org/en/companies-act/art-753/par-1 · https://japanlaw.org/l/417AC0000000086/art-753/par-1 - art-154/par-2/item-4: 第七百六十七条 → 会社法 第七百六十七条 (Article 767), art-767 — https://japanlaw.org/en/companies-act/art-767 · https://japanlaw.org/l/417AC0000000086/art-767 - art-154/par-2/item-5: 第七百七十三条第一項第一号 → 会社法 第七百七十三条第一項第一号 (Article 773, paragraph (1), item (i)), art-773/par-1/item-1 — https://japanlaw.org/en/companies-act/art-773/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-773/par-1/item-1 - art-154/par-3: 第百五十一条第二項 → 会社法 第百五十一条第二項 (Article 151, paragraph (2)), art-151/par-2 — https://japanlaw.org/en/companies-act/art-151/par-2 · https://japanlaw.org/l/417AC0000000086/art-151/par-2 - art-154/par-3: 第一項 → 会社法 第百五十四条第一項 (Article 154, paragraph (1)), art-154/par-1 — https://japanlaw.org/en/companies-act/art-154/par-1 · https://japanlaw.org/l/417AC0000000086/art-154/par-1 ## Cited by 5 provisions cite this one. No official source publishes this direction. - 会社法 第百五十一条第二項（株式の質入れの効果） — https://japanlaw.org/en/companies-act/art-151/par-2 · https://japanlaw.org/l/417AC0000000086/art-151/par-2 - 会社法 第百五十四条第二項 — https://japanlaw.org/en/companies-act/art-154/par-2 · https://japanlaw.org/l/417AC0000000086/art-154/par-2 - 会社法 第百五十四条第三項 — https://japanlaw.org/en/companies-act/art-154/par-3 · https://japanlaw.org/l/417AC0000000086/art-154/par-3 - 会社法 第百九十七条第五項第二号（株式の競売） — https://japanlaw.org/en/companies-act/art-197/par-5/item-2 · https://japanlaw.org/l/417AC0000000086/art-197/par-5/item-2 - 金融商品取引法 第百四十四条第三項（株券等の提出） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-144/par-3 · https://japanlaw.org/l/323AC0000000025/art-144/par-3 --- ## 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 211 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17