# 会社法 / Companies Act — 第百八十六条 (Article 186)

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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: 第百八十六条 (Article 186)（株式無償割当てに関する事項の決定） — address `art-186`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-186
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-186
- 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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### 第百八十六条（株式無償割当てに関する事項の決定） — (Determination of Matters Concerning Allotment of Shares without Contribution)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-186 · https://japanlaw.org/en/companies-act/art-186 · https://japanlaw.org/l/417AC0000000086/art-186</sup>

      **第一項**  株式会社は、株式無償割当てをしようとするときは、その都度、次に掲げる事項を定めなければならない。
      <sup>art-186/par-1 · https://japanlaw.org/en/companies-act/art-186/par-1 · https://japanlaw.org/l/417AC0000000086/art-186/par-1</sup>
      Whenever a stock company intends to effect the allotment of shares without contribution, it must prescribe the following matters:
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **一**  株主に割り当てる株式の数（種類株式発行会社にあっては、株式の種類及び種類ごとの数）又はその数の算定方法
        <sup>art-186/par-1/item-1 · https://japanlaw.org/en/companies-act/art-186/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-186/par-1/item-1</sup>
        the number of shares the stock company will allot to shareholders (or, for a company with class shares, the classes of shares and the number of shares for each class), or the method for calculating that number;
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **二**  当該株式無償割当てがその効力を生ずる日
        <sup>art-186/par-1/item-2 · https://japanlaw.org/en/companies-act/art-186/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-186/par-1/item-2</sup>
        the day when that allotment of shares without contribution becomes effective; and
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **三**  株式会社が種類株式発行会社である場合には、当該株式無償割当てを受ける株主の有する株式の種類
        <sup>art-186/par-1/item-3 · https://japanlaw.org/en/companies-act/art-186/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-186/par-1/item-3</sup>
        if the stock company is a company with class shares, the classes of shares held by the shareholders entitled to that allotment of shares without contribution.
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第二項**  前項第一号に掲げる事項についての定めは、当該株式会社以外の株主（種類株式発行会社にあっては、同項第三号の種類の種類株主）の有する株式（種類株式発行会社にあっては、同項第三号の種類の株式）の数に応じて同項第一号の株式を割り当てることを内容とするものでなければならない。
      <sup>art-186/par-2 · https://japanlaw.org/en/companies-act/art-186/par-2 · https://japanlaw.org/l/417AC0000000086/art-186/par-2</sup>
      The provisions regarding the matters set forth in item (i) of the preceding paragraph must stipulate that the shares under item (i) of that paragraph will be allotted in proportion to the number of shares (or, for a company with class shares, shares of the classes under item (iii) of that paragraph) held by shareholders (or, for a company with class shares, class shareholders of shares of the classes under item (iii) of that paragraph) other than that stock company.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第三項**  第一項各号に掲げる事項の決定は、株主総会（取締役会設置会社にあっては、取締役会）の決議によらなければならない。ただし、定款に別段の定めがある場合は、この限りでない。
      <sup>art-186/par-3 · https://japanlaw.org/en/companies-act/art-186/par-3 · https://japanlaw.org/l/417AC0000000086/art-186/par-3</sup>
      The determination of the matters set forth in each item of paragraph (1) must be made by a resolution at a shareholders meeting (or of a board of directors meeting for a company with board of directors); provided, however, that this does not apply if it is otherwise provided in the articles of incorporation.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-186/par-2: 前項第一号 → 会社法 第百八十六条第一項第一号 (Article 186, paragraph (1), item (i)), art-186/par-1/item-1 — https://japanlaw.org/en/companies-act/art-186/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-186/par-1/item-1
- art-186/par-2: 同項第三号 → 会社法 第百八十六条第一項第三号 (Article 186, paragraph (1), item (iii)), art-186/par-1/item-3 — https://japanlaw.org/en/companies-act/art-186/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-186/par-1/item-3
- art-186/par-3: 第一項 → 会社法 第百八十六条第一項 (Article 186, paragraph (1)), art-186/par-1 — https://japanlaw.org/en/companies-act/art-186/par-1 · https://japanlaw.org/l/417AC0000000086/art-186/par-1

## Cited by

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

- 会社法 第百八十六条第二項（株式無償割当てに関する事項の決定） — https://japanlaw.org/en/companies-act/art-186/par-2 · https://japanlaw.org/l/417AC0000000086/art-186/par-2
- 会社法 第百八十六条第三項（株式無償割当てに関する事項の決定） — https://japanlaw.org/en/companies-act/art-186/par-3 · https://japanlaw.org/l/417AC0000000086/art-186/par-3
- 会社法 第百八十七条第一項（株式無償割当ての効力の発生等） — https://japanlaw.org/en/companies-act/art-187/par-1 · https://japanlaw.org/l/417AC0000000086/art-187/par-1
- 会社法 第百八十七条第二項（株式無償割当ての効力の発生等） — https://japanlaw.org/en/companies-act/art-187/par-2 · https://japanlaw.org/l/417AC0000000086/art-187/par-2

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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