# 会社法 / Companies Act — 第百七十七条 (Article 177) - 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: 第百七十七条 (Article 177)（売買価格の決定） — address `art-177` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-177 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-177 - 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. --- ### 第百七十七条（売買価格の決定） — (Determination of Sale Price) caption: Ministry of Justice translation — Japanese Law Translation Database System art-177 · https://japanlaw.org/en/companies-act/art-177 · https://japanlaw.org/l/417AC0000000086/art-177 **第一項** 前条第一項の規定による請求があった場合には、第百七十五条第一項第一号の株式の売買価格は、株式会社と同項第二号の者との協議によって定める。 art-177/par-1 · https://japanlaw.org/en/companies-act/art-177/par-1 · https://japanlaw.org/l/417AC0000000086/art-177/par-1 If notice is given under the provisions of paragraph (1) of the preceding Article, the sale price of the shares under Article 175, paragraph (1), item (i) is prescribed through discussion between the stock company and the persons under item (ii) of that paragraph. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 株式会社又は第百七十五条第一項第二号の者は、前条第一項の規定による請求があった日から二十日以内に、裁判所に対し、売買価格の決定の申立てをすることができる。 art-177/par-2 · https://japanlaw.org/en/companies-act/art-177/par-2 · https://japanlaw.org/l/417AC0000000086/art-177/par-2 The stock company or persons under Article 175, paragraph (1), item (ii) may file a petition for the court to determine the sale price within twenty days from the day when a demand is made under the provisions of paragraph (1) of the preceding Article. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 裁判所は、前項の決定をするには、前条第一項の規定による請求の時における株式会社の資産状態その他一切の事情を考慮しなければならない。 art-177/par-3 · https://japanlaw.org/en/companies-act/art-177/par-3 · https://japanlaw.org/l/417AC0000000086/art-177/par-3 In order to make the determination under the preceding paragraph, the court must consider the financial conditions of the stock company at the time of the demand pursuant to the provisions of paragraph (1) of the preceding Article and all other circumstances. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 第一項の規定にかかわらず、第二項の期間内に同項の申立てがあったときは、当該申立てにより裁判所が定めた額をもって第百七十五条第一項第一号の株式の売買価格とする。 art-177/par-4 · https://japanlaw.org/en/companies-act/art-177/par-4 · https://japanlaw.org/l/417AC0000000086/art-177/par-4 Notwithstanding the provisions of paragraph (1), if a petition is made under paragraph (2) within the period provided for in that paragraph, the amount determined by the court in response to relevant petition is to be the sale price of the shares under Article 175, paragraph (1), item (i). Ministry of Justice translation — Japanese Law Translation Database System **第五項** 第二項の期間内に同項の申立てがないとき（当該期間内に第一項の協議が調った場合を除く。）は、前条第一項の規定による請求は、その効力を失う。 art-177/par-5 · https://japanlaw.org/en/companies-act/art-177/par-5 · https://japanlaw.org/l/417AC0000000086/art-177/par-5 If no petition is made under paragraph (2) within the period provided for in that paragraph (except if the discussions under paragraph (1) are successfully concluded within the period), a demand under the provisions of paragraph (1) of the preceding Article becomes ineffective. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-177/par-1: 前条第一項 → 会社法 第百七十六条第一項 (Article 176, paragraph (1)), art-176/par-1 — https://japanlaw.org/en/companies-act/art-176/par-1 · https://japanlaw.org/l/417AC0000000086/art-176/par-1 - art-177/par-1: 第百七十五条第一項第一号 → 会社法 第百七十五条第一項第一号 (Article 175, paragraph (1), item (i)), art-175/par-1/item-1 — https://japanlaw.org/en/companies-act/art-175/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-175/par-1/item-1 - art-177/par-1: 同項第二号 → 会社法 第百七十五条第一項第二号 (Article 175, paragraph (1), item (ii)), art-175/par-1/item-2 — https://japanlaw.org/en/companies-act/art-175/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-175/par-1/item-2 - art-177/par-2: 第百七十五条第一項第二号 → 会社法 第百七十五条第一項第二号 (Article 175, paragraph (1), item (ii)), art-175/par-1/item-2 — https://japanlaw.org/en/companies-act/art-175/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-175/par-1/item-2 - art-177/par-2: 前条第一項 → 会社法 第百七十六条第一項 (Article 176, paragraph (1)), art-176/par-1 — https://japanlaw.org/en/companies-act/art-176/par-1 · https://japanlaw.org/l/417AC0000000086/art-176/par-1 - art-177/par-3: 前項 → 会社法 第百七十七条第二項 (Article 177, paragraph (2)), art-177/par-2 — https://japanlaw.org/en/companies-act/art-177/par-2 · https://japanlaw.org/l/417AC0000000086/art-177/par-2 - art-177/par-3: 前条第一項 → 会社法 第百七十六条第一項 (Article 176, paragraph (1)), art-176/par-1 — https://japanlaw.org/en/companies-act/art-176/par-1 · https://japanlaw.org/l/417AC0000000086/art-176/par-1 - art-177/par-4: 第一項 → 会社法 第百七十七条第一項 (Article 177, paragraph (1)), art-177/par-1 — https://japanlaw.org/en/companies-act/art-177/par-1 · https://japanlaw.org/l/417AC0000000086/art-177/par-1 - art-177/par-4: 第二項 → 会社法 第百七十七条第二項 (Article 177, paragraph (2)), art-177/par-2 — https://japanlaw.org/en/companies-act/art-177/par-2 · https://japanlaw.org/l/417AC0000000086/art-177/par-2 - art-177/par-4: 第百七十五条第一項第一号 → 会社法 第百七十五条第一項第一号 (Article 175, paragraph (1), item (i)), art-175/par-1/item-1 — https://japanlaw.org/en/companies-act/art-175/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-175/par-1/item-1 - art-177/par-5: 第二項 → 会社法 第百七十七条第二項 (Article 177, paragraph (2)), art-177/par-2 — https://japanlaw.org/en/companies-act/art-177/par-2 · https://japanlaw.org/l/417AC0000000086/art-177/par-2 - art-177/par-5: 第一項 → 会社法 第百七十七条第一項 (Article 177, paragraph (1)), art-177/par-1 — https://japanlaw.org/en/companies-act/art-177/par-1 · https://japanlaw.org/l/417AC0000000086/art-177/par-1 - art-177/par-5: 前条第一項 → 会社法 第百七十六条第一項 (Article 176, paragraph (1)), art-176/par-1 — https://japanlaw.org/en/companies-act/art-176/par-1 · https://japanlaw.org/l/417AC0000000086/art-176/par-1 ## Cited by 4 provisions cite this one. No official source publishes this direction. - 会社法 第百七十七条第三項（売買価格の決定） — https://japanlaw.org/en/companies-act/art-177/par-3 · https://japanlaw.org/l/417AC0000000086/art-177/par-3 - 会社法 第百七十七条第四項（売買価格の決定） — https://japanlaw.org/en/companies-act/art-177/par-4 · https://japanlaw.org/l/417AC0000000086/art-177/par-4 - 会社法 第百七十七条第五項（売買価格の決定） — https://japanlaw.org/en/companies-act/art-177/par-5 · https://japanlaw.org/l/417AC0000000086/art-177/par-5 - 会社法 第八百七十条第二項第三号（陳述の聴取） — https://japanlaw.org/en/companies-act/art-870/par-2/item-3 · https://japanlaw.org/l/417AC0000000086/art-870/par-2/item-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