# 会社法 / Companies Act — 第百五十四条の二 (Article 154-2)

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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: 第百五十四条の二 (Article 154-2) — address `art-154-2`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-154-2
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-154-2
- 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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### 第百五十四条の二
<sup>art-154-2 · https://japanlaw.org/en/companies-act/art-154-2 · https://japanlaw.org/l/417AC0000000086/art-154-2</sup>

      **第一項**  株式については、当該株式が信託財産に属する旨を株主名簿に記載し、又は記録しなければ、当該株式が信託財産に属することを株式会社その他の第三者に対抗することができない。
      <sup>art-154-2/par-1 · https://japanlaw.org/en/companies-act/art-154-2/par-1 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-1</sup>
      With regard to shares, it may not be perfected that relevant shares belong to the trust property against the stock company and other third parties unless the fact that relevant shares belong to the trust property is entered or recorded in the shareholder register
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第二項**  第百二十一条第一号の株主は、その有する株式が信託財産に属するときは、株式会社に対し、その旨を株主名簿に記載し、又は記録することを請求することができる。
      <sup>art-154-2/par-2 · https://japanlaw.org/en/companies-act/art-154-2/par-2 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-2</sup>
      When shares held by shareholders under Article 121, item (i) belong to the trust property, it may request the stock company to enter or record to that effect in the shareholder register.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第三項**  株主名簿に前項の規定による記載又は記録がされた場合における第百二十二条第一項及び第百三十二条の規定の適用については、第百二十二条第一項中「記録された株主名簿記載事項」とあるのは「記録された株主名簿記載事項（当該株主の有する株式が信託財産に属する旨を含む。）」と、第百三十二条中「株主名簿記載事項」とあるのは「株主名簿記載事項（当該株主の有する株式が信託財産に属する旨を含む。）」とする。
      <sup>art-154-2/par-3 · https://japanlaw.org/en/companies-act/art-154-2/par-3 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-3</sup>
      For the purpose of the application of the provisions of Article 122, paragraph (1) and Article 132 if the entry or record is made pursuant to the provisions of the preceding paragraph in the shareholder register, the phrase "information required to be entered in the shareholder register which has been entered or recorded in the shareholder register with respect to that shareholder" in Article 122, paragraph (1) is deemed to be replaced with "information required to be entered in the shareholder register which has been entered or recorded in the shareholder register with respect to that shareholder (including the fact that shares held by that shareholder belong to the trust property)" and the phrase "information that is required to be entered in the shareholder register in respect of any shareholder holding shares as referred to in that item" in Article 132 is deemed to be replaced with "information required to be entered in the shareholder register in respect of any shareholder holding shares as referred to in that item (including the fact that shares held by that shareholder belongs to the trust property)".
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第四項**  前三項の規定は、株券発行会社については、適用しない。
      <sup>art-154-2/par-4 · https://japanlaw.org/en/companies-act/art-154-2/par-4 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-4</sup>
      The provisions of the preceding three paragraphs do not apply to a share certificate-issuing company.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-154-2/par-2: 第百二十一条第一号 → 会社法 第百二十一条第一項第一号 (Article 121, paragraph (1), item (i)), art-121/par-1/item-1 — https://japanlaw.org/en/companies-act/art-121/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-121/par-1/item-1
- art-154-2/par-3: 前項 → 会社法 第百五十四条の二第二項 (Article 154-2, paragraph (2)), art-154-2/par-2 — https://japanlaw.org/en/companies-act/art-154-2/par-2 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-2
- art-154-2/par-3: 第百二十二条第一項 → 会社法 第百二十二条第一項 (Article 122, paragraph (1)), art-122/par-1 — https://japanlaw.org/en/companies-act/art-122/par-1 · https://japanlaw.org/l/417AC0000000086/art-122/par-1
- art-154-2/par-3: 第百三十二条 → 会社法 第百三十二条 (Article 132), art-132 — https://japanlaw.org/en/companies-act/art-132 · https://japanlaw.org/l/417AC0000000086/art-132
- art-154-2/par-4: 前三項 → 会社法 第百五十四条の二第一項 (Article 154-2, paragraph (1)), art-154-2/par-1 — https://japanlaw.org/en/companies-act/art-154-2/par-1 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-1
- art-154-2/par-4: 前三項 → 会社法 第百五十四条の二第二項 (Article 154-2, paragraph (2)), art-154-2/par-2 — https://japanlaw.org/en/companies-act/art-154-2/par-2 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-2
- art-154-2/par-4: 前三項 → 会社法 第百五十四条の二第三項 (Article 154-2, paragraph (3)), art-154-2/par-3 — https://japanlaw.org/en/companies-act/art-154-2/par-3 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-3

## Cited by

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

- 会社法 第百五十四条の二第三項 — https://japanlaw.org/en/companies-act/art-154-2/par-3 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-3
- 会社法 第百五十四条の二第四項 — https://japanlaw.org/en/companies-act/art-154-2/par-4 · https://japanlaw.org/l/417AC0000000086/art-154-2/par-4

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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
