# 会社法 / Companies Act — 第二百八条 (Article 208) - 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: 第二百八条 (Article 208)（出資の履行） — address `art-208` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-208 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-208 - 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. --- ### 第二百八条（出資の履行） — (Performance of Contributions) caption: Ministry of Justice translation — Japanese Law Translation Database System art-208 · https://japanlaw.org/en/companies-act/art-208 · https://japanlaw.org/l/417AC0000000086/art-208 **第一項** 募集株式の引受人（現物出資財産を給付する者を除く。）は、第百九十九条第一項第四号の期日又は同号の期間内に、株式会社が定めた銀行等の払込みの取扱いの場所において、それぞれの募集株式の払込金額の全額を払い込まなければならない。 art-208/par-1 · https://japanlaw.org/en/companies-act/art-208/par-1 · https://japanlaw.org/l/417AC0000000086/art-208/par-1 Subscribers for shares for subscription (excluding persons who tender property contributed in kind) must, on the date or within the period provided for in Article 199, paragraph (1), item (iv), pay in the entire amount to be paid in for the shares for subscription for which the subscribers respectively subscribed, at the bank, etc. designated by the stock company as the place for the handling of payments. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 募集株式の引受人（現物出資財産を給付する者に限る。）は、第百九十九条第一項第四号の期日又は同号の期間内に、それぞれの募集株式の払込金額の全額に相当する現物出資財産を給付しなければならない。 art-208/par-2 · https://japanlaw.org/en/companies-act/art-208/par-2 · https://japanlaw.org/l/417AC0000000086/art-208/par-2 Subscribers for shares for subscription (limited to persons who tender property contributed in kind) must, on the date or within the period provided for in Article 199, paragraph (1), item (iv), deliver the property contributed in kind equivalent in value to the entire amount to be paid in of the shares for subscription for which the subscribers respectively subscribed. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 募集株式の引受人は、第一項の規定による払込み又は前項の規定による給付（以下この款において「出資の履行」という。）をする債務と株式会社に対する債権とを相殺することができない。 art-208/par-3 · https://japanlaw.org/en/companies-act/art-208/par-3 · https://japanlaw.org/l/417AC0000000086/art-208/par-3 Subscribers for shares for subscription may not set off their obligations to effect payment under the provisions of paragraph (1) or delivery under the provisions of the preceding paragraph (hereinafter in this subsection referred to as "performance of contribution") against claims they have against the stock company. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 出資の履行をすることにより募集株式の株主となる権利の譲渡は、株式会社に対抗することができない。 art-208/par-4 · https://japanlaw.org/en/companies-act/art-208/par-4 · https://japanlaw.org/l/417AC0000000086/art-208/par-4 Transferring of the right to become a shareholder of shares for subscription by effecting the performance of contribution cannot be asserted against the stock company. Ministry of Justice translation — Japanese Law Translation Database System **第五項** 募集株式の引受人は、出資の履行をしないときは、当該出資の履行をすることにより募集株式の株主となる権利を失う。 art-208/par-5 · https://japanlaw.org/en/companies-act/art-208/par-5 · https://japanlaw.org/l/417AC0000000086/art-208/par-5 A subscriber for shares for subscription will lose a right to become the shareholder of shares for subscription by effecting the performance of contribution if the subscriber fails to effect the performance of contribution. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-208/par-1: 第百九十九条第一項第四号 → 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-208/par-2: 第百九十九条第一項第四号 → 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-208/par-3: 第一項 → 会社法 第二百八条第一項 (Article 208, paragraph (1)), art-208/par-1 — https://japanlaw.org/en/companies-act/art-208/par-1 · https://japanlaw.org/l/417AC0000000086/art-208/par-1 - art-208/par-3: 前項 → 会社法 第二百八条第二項 (Article 208, paragraph (2)), art-208/par-2 — https://japanlaw.org/en/companies-act/art-208/par-2 · https://japanlaw.org/l/417AC0000000086/art-208/par-2 ## Cited by 3 provisions cite this one. No official source publishes this direction. - 会社法 第二百八条第三項（出資の履行） — https://japanlaw.org/en/companies-act/art-208/par-3 · https://japanlaw.org/l/417AC0000000086/art-208/par-3 - 会社法 第二百十三条の二第一項第一号（出資の履行を仮装した募集株式の引受人の責任） — https://japanlaw.org/en/companies-act/art-213-2/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-213-2/par-1/item-1 - 会社法 第二百十三条の二第一項第二号（出資の履行を仮装した募集株式の引受人の責任） — https://japanlaw.org/en/companies-act/art-213-2/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-213-2/par-1/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