# 会社法 / Companies Act — 第二百三十五条 (Article 235) - 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: 第二百三十五条 (Article 235) — address `art-235` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-235 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-235 - 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. --- ### 第二百三十五条 art-235 · https://japanlaw.org/en/companies-act/art-235 · https://japanlaw.org/l/417AC0000000086/art-235 **第一項** 株式会社が株式の分割又は株式の併合をすることにより株式の数に一株に満たない端数が生ずるときは、その端数の合計数（その合計数に一に満たない端数が生ずる場合にあっては、これを切り捨てるものとする。）に相当する数の株式を競売し、かつ、その端数に応じてその競売により得られた代金を株主に交付しなければならない。 art-235/par-1 · https://japanlaw.org/en/companies-act/art-235/par-1 · https://japanlaw.org/l/417AC0000000086/art-235/par-1 If a share split or consolidation of shares effected by a stock company produces any fractional share in the number of the shares, the stock company must sell the number of shares equivalent to the total sum of the fractional shares by auction (if the total sum includes a fractional share, relevant fractional share is to be rounded off) and must deliver the proceeds of that auction to the shareholders in proportion to the fractional shares attributed to them: Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前条第二項から第五項までの規定は、前項の場合について準用する。 art-235/par-2 · https://japanlaw.org/en/companies-act/art-235/par-2 · https://japanlaw.org/l/417AC0000000086/art-235/par-2 The provisions of paragraphs (2) through (5) of the preceding Article apply mutatis mutandis to the cases provided for in the preceding paragraph. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-235/par-2: 前条第二項から第五項まで → 会社法 第二百三十四条第二項 (Article 234, paragraph (2)), art-234/par-2 — https://japanlaw.org/en/companies-act/art-234/par-2 · https://japanlaw.org/l/417AC0000000086/art-234/par-2 - art-235/par-2: 前条第二項から第五項まで → 会社法 第二百三十四条第三項 (Article 234, paragraph (3)), art-234/par-3 — https://japanlaw.org/en/companies-act/art-234/par-3 · https://japanlaw.org/l/417AC0000000086/art-234/par-3 - art-235/par-2: 前条第二項から第五項まで → 会社法 第二百三十四条第四項 (Article 234, paragraph (4)), art-234/par-4 — https://japanlaw.org/en/companies-act/art-234/par-4 · https://japanlaw.org/l/417AC0000000086/art-234/par-4 - art-235/par-2: 前条第二項から第五項まで → 会社法 第二百三十四条第五項 (Article 234, paragraph (5)), art-234/par-5 — https://japanlaw.org/en/companies-act/art-234/par-5 · https://japanlaw.org/l/417AC0000000086/art-234/par-5 - art-235/par-2: 前項 → 会社法 第二百三十五条第一項 (Article 235, paragraph (1)), art-235/par-1 — https://japanlaw.org/en/companies-act/art-235/par-1 · https://japanlaw.org/l/417AC0000000086/art-235/par-1 ## Cited by 8 provisions cite this one. No official source publishes this direction. - 会社法 第百五十五条第一項第九号 — https://japanlaw.org/en/companies-act/art-155/par-1/item-9 · https://japanlaw.org/l/417AC0000000086/art-155/par-1/item-9 - 会社法 第二百三十五条第二項 — https://japanlaw.org/en/companies-act/art-235/par-2 · https://japanlaw.org/l/417AC0000000086/art-235/par-2 - 会社法 第四百六十一条第一項第七号（配当等の制限） — https://japanlaw.org/en/companies-act/art-461/par-1/item-7 · https://japanlaw.org/l/417AC0000000086/art-461/par-1/item-7 - 会社法 第四百六十二条第一項第五号イ（剰余金の配当等に関する責任） — https://japanlaw.org/en/companies-act/art-462/par-1/item-5/sub-1 · https://japanlaw.org/l/417AC0000000086/art-462/par-1/item-5/sub-1 - 会社法 第四百六十二条第一項第五号ロ（剰余金の配当等に関する責任） — https://japanlaw.org/en/companies-act/art-462/par-1/item-5/sub-2 · https://japanlaw.org/l/417AC0000000086/art-462/par-1/item-5/sub-2 - 会社法 第四百六十五条第一項第九号ロ（欠損が生じた場合の責任） — https://japanlaw.org/en/companies-act/art-465/par-1/item-9/sub-2 · https://japanlaw.org/l/417AC0000000086/art-465/par-1/item-9/sub-2 - 所得税法 第二百二十四条の三第一項第三号（株式等の譲渡の対価の受領者等の告知） — https://japanlaw.org/en/income-tax-act/art-224-3/par-1/item-3 · https://japanlaw.org/l/340AC0000000033/art-224-3/par-1/item-3 - 租税特別措置法 第三十七条の十二の二第二項第八号（上場株式等に係る譲渡損失の損益通算及び繰越控除） — https://japanlaw.org/en/special-taxation-measures-act/art-37-12-2/par-2/item-8 · https://japanlaw.org/l/332AC0000000026/art-37-12-2/par-2/item-8 --- ## 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