# 会社法 / Companies Act — 第二百五十六条 (Article 256) This is the Markdown twin of https://japanlaw.org/en/companies-act/art-256. Every law, and how to address a provision: https://japanlaw.org/llms.txt. The same laws as MCP tools (no sign-in): https://japanlaw.org/mcp. - 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: 第二百五十六条 (Article 256)（自己新株予約権の処分に関する特則） — address `art-256` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-256 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-256 - 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. --- ### 第二百五十六条（自己新株予約権の処分に関する特則） — (Special Provisions on Disposition of Own Share Option) caption: Ministry of Justice translation — Japanese Law Translation Database System art-256 · https://japanlaw.org/en/companies-act/art-256 · https://japanlaw.org/l/417AC0000000086/art-256 **第一項** 株式会社は、自己新株予約権（証券発行新株予約権に限る。）を処分した日以後遅滞なく、当該自己新株予約権を取得した者に対し、新株予約権証券を交付しなければならない。 art-256/par-1 · https://japanlaw.org/en/companies-act/art-256/par-1 · https://japanlaw.org/l/417AC0000000086/art-256/par-1 A stock company must, without delay after the day of the disposition of its own share options (limited to share options for which certificates are issued), deliver the share option certificates to the persons who acquired relevant own share options. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定にかかわらず、株式会社は、同項の者から請求がある時までは、同項の新株予約権証券を交付しないことができる。 art-256/par-2 · https://japanlaw.org/en/companies-act/art-256/par-2 · https://japanlaw.org/l/417AC0000000086/art-256/par-2 Notwithstanding the provisions of the preceding paragraph, a stock company may elect to not deliver share option certificates under that paragraph until the persons under that paragraph so request. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 株式会社は、自己新株予約権付社債（証券発行新株予約権付社債に限る。）を処分した日以後遅滞なく、当該自己新株予約権付社債を取得した者に対し、新株予約権付社債券を交付しなければならない。 art-256/par-3 · https://japanlaw.org/en/companies-act/art-256/par-3 · https://japanlaw.org/l/417AC0000000086/art-256/par-3 A stock company must, without delay after the day of the disposition of its own bonds with share option (limited to a bonds with share options for which a certificate is issued), deliver the certificate representing the bonds with share options to the persons who acquire relevant own bonds with share option. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 第六百八十七条の規定は、自己新株予約権付社債の処分による当該自己新株予約権付社債についての社債の譲渡については、適用しない。 art-256/par-4 · https://japanlaw.org/en/companies-act/art-256/par-4 · https://japanlaw.org/l/417AC0000000086/art-256/par-4 The provisions of Article 687 do not apply to the transfer of bonds with respect to the own bonds with share option arising from the disposition of relevant own bonds with share option. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-256/par-2: 前項 → 会社法 第二百五十六条第一項 (Article 256, paragraph (1)), art-256/par-1 — https://japanlaw.org/en/companies-act/art-256/par-1 · https://japanlaw.org/l/417AC0000000086/art-256/par-1 - art-256/par-4: 第六百八十七条 → 会社法 第六百八十七条 (Article 687), art-687 — https://japanlaw.org/en/companies-act/art-687 · https://japanlaw.org/l/417AC0000000086/art-687 ## Cited by 2 provisions cite this one. No official source publishes this direction. - 会社法 第二百五十五条第二項（証券発行新株予約権の譲渡） — https://japanlaw.org/en/companies-act/art-255/par-2 · https://japanlaw.org/l/417AC0000000086/art-255/par-2 - 会社法 第二百五十六条第二項（自己新株予約権の処分に関する特則） — https://japanlaw.org/en/companies-act/art-256/par-2 · https://japanlaw.org/l/417AC0000000086/art-256/par-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 223 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17