# 会社法 / Companies Act — 第二百条 (Article 200) - 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: 第二百条 (Article 200)（募集事項の決定の委任） — address `art-200` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-200 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-200 - 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. --- ### 第二百条（募集事項の決定の委任） — (Delegation of Determination of Subscription Requirements) caption: Ministry of Justice translation — Japanese Law Translation Database System art-200 · https://japanlaw.org/en/companies-act/art-200 · https://japanlaw.org/l/417AC0000000086/art-200 **第一項** 前条第二項及び第四項の規定にかかわらず、株主総会においては、その決議によって、募集事項の決定を取締役（取締役会設置会社にあっては、取締役会）に委任することができる。この場合においては、その委任に基づいて募集事項の決定をすることができる募集株式の数の上限及び払込金額の下限を定めなければならない。 art-200/par-1 · https://japanlaw.org/en/companies-act/art-200/par-1 · https://japanlaw.org/l/417AC0000000086/art-200/par-1 Notwithstanding the provisions of paragraphs (2) and (4) of the preceding Article, at a shareholders meeting, the determination of the subscription requirements may be delegated to the directors by a resolution at the relevant shareholders meeting (or, for a company with board of directors, of the board of directors). In these cases, the shareholders meeting must prescribe the maximum number of the shares for subscription for which the subscription requirements may be determined under that delegation, and the minimum amount to be paid in. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の払込金額の下限が募集株式を引き受ける者に特に有利な金額である場合には、取締役は、同項の株主総会において、当該払込金額でその者の募集をすることを必要とする理由を説明しなければならない。 art-200/par-2 · https://japanlaw.org/en/companies-act/art-200/par-2 · https://japanlaw.org/l/417AC0000000086/art-200/par-2 If the minimum amount to be paid in in the preceding paragraph is particularly favorable to subscribers for the shares for subscription, the directors must, at the shareholders meeting under that paragraph, explain the reason for the need to solicit that persons with such an offer of the amount to be paid in. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 第一項の決議は、前条第一項第四号の期日（同号の期間を定めた場合にあっては、その期間の末日）が当該決議の日から一年以内の日である同項の募集についてのみその効力を有する。 art-200/par-3 · https://japanlaw.org/en/companies-act/art-200/par-3 · https://japanlaw.org/l/417AC0000000086/art-200/par-3 The resolution under paragraph (1) is effective with respect only to solicitations under paragraph (1) of the preceding Article under which the date in item (iv) of that paragraph (if a period is determined under that item, the last day of the period) falls within one year from the day of relevant resolution. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 種類株式発行会社において、第一項の募集株式の種類が譲渡制限株式であるときは、当該種類の株式に関する募集事項の決定の委任は、当該種類の株式について前条第四項の定款の定めがある場合を除き、当該種類の株式の種類株主を構成員とする種類株主総会の決議がなければ、その効力を生じない。ただし、当該種類株主総会において議決権を行使することができる種類株主が存しない場合は、この限りでない。 art-200/par-4 · https://japanlaw.org/en/companies-act/art-200/par-4 · https://japanlaw.org/l/417AC0000000086/art-200/par-4 For a company with class shares, if the class of the shares for subscription under paragraph (1) is that of shares with restriction on transfer, the delegation of the determination of the subscription requirements regarding relevant class shares does not become effective without a resolution at the general meeting of class shareholders constituted by the class shareholders of relevant class shares, except if there are provisions in the articles of incorporation under paragraph (4) of the preceding Article with respect to relevant class shares; provided, however, that this does not apply to cases where there is no class shareholder who can exercise voting right at relevant general meeting of class shareholders. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-200/par-1: 前条第二項 → 会社法 第百九十九条第二項 (Article 199, paragraph (2)), art-199/par-2 — https://japanlaw.org/en/companies-act/art-199/par-2 · https://japanlaw.org/l/417AC0000000086/art-199/par-2 - art-200/par-1: 第四項 → 会社法 第百九十九条第四項 (Article 199, paragraph (4)), art-199/par-4 — https://japanlaw.org/en/companies-act/art-199/par-4 · https://japanlaw.org/l/417AC0000000086/art-199/par-4 - art-200/par-2: 前項 → 会社法 第二百条第一項 (Article 200, paragraph (1)), art-200/par-1 — https://japanlaw.org/en/companies-act/art-200/par-1 · https://japanlaw.org/l/417AC0000000086/art-200/par-1 - art-200/par-3: 第一項 → 会社法 第二百条第一項 (Article 200, paragraph (1)), art-200/par-1 — https://japanlaw.org/en/companies-act/art-200/par-1 · https://japanlaw.org/l/417AC0000000086/art-200/par-1 - art-200/par-3: 前条第一項第四号 → 会社法 第百九十九条第一項第四号 (Article 199, paragraph (1), item (iv)), art-199/par-1/item-4 — https://japanlaw.org/en/companies-act/art-199/par-1/item-4 · https://japanlaw.org/l/417AC0000000086/art-199/par-1/item-4 - art-200/par-3: 同項 → 会社法 第百九十九条第一項 (Article 199, paragraph (1)), art-199/par-1 — https://japanlaw.org/en/companies-act/art-199/par-1 · https://japanlaw.org/l/417AC0000000086/art-199/par-1 - art-200/par-4: 第一項 → 会社法 第二百条第一項 (Article 200, paragraph (1)), art-200/par-1 — https://japanlaw.org/en/companies-act/art-200/par-1 · https://japanlaw.org/l/417AC0000000086/art-200/par-1 - art-200/par-4: 前条第四項 → 会社法 第百九十九条第四項 (Article 199, paragraph (4)), art-199/par-4 — https://japanlaw.org/en/companies-act/art-199/par-4 · https://japanlaw.org/l/417AC0000000086/art-199/par-4 ## Cited by 8 provisions cite this one. No official source publishes this direction. - 会社法 第二百条第二項（募集事項の決定の委任） — https://japanlaw.org/en/companies-act/art-200/par-2 · https://japanlaw.org/l/417AC0000000086/art-200/par-2 - 会社法 第二百条第三項（募集事項の決定の委任） — https://japanlaw.org/en/companies-act/art-200/par-3 · https://japanlaw.org/l/417AC0000000086/art-200/par-3 - 会社法 第二百条第四項（募集事項の決定の委任） — https://japanlaw.org/en/companies-act/art-200/par-4 · https://japanlaw.org/l/417AC0000000086/art-200/par-4 - 会社法 第二百一条第一項（公開会社における募集事項の決定の特則） — https://japanlaw.org/en/companies-act/art-201/par-1 · https://japanlaw.org/l/417AC0000000086/art-201/par-1 - 会社法 第二百二条第五項（株主に株式の割当てを受ける権利を与える場合） — https://japanlaw.org/en/companies-act/art-202/par-5 · https://japanlaw.org/l/417AC0000000086/art-202/par-5 - 会社法 第二百二条の二第二項（取締役の報酬等に係る募集事項の決定の特則） — https://japanlaw.org/en/companies-act/art-202-2/par-2 · https://japanlaw.org/l/417AC0000000086/art-202-2/par-2 - 会社法 第三百九条第二項第五号（株主総会の決議） — https://japanlaw.org/en/companies-act/art-309/par-2/item-5 · https://japanlaw.org/l/417AC0000000086/art-309/par-2/item-5 - 会社法 第三百二十四条第二項第二号（種類株主総会の決議） — https://japanlaw.org/en/companies-act/art-324/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-324/par-2/item-2 --- ## 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