# 会社法 / Companies Act — 第二百六十一条 (Article 261)

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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: 第二百六十一条 (Article 261) — address `art-261`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-261
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-261
- 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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### 第二百六十一条
<sup>art-261 · https://japanlaw.org/en/companies-act/art-261 · https://japanlaw.org/l/417AC0000000086/art-261</sup>

      **第一項**  前条の規定は、新株予約権取得者が取得した新株予約権が譲渡制限新株予約権である場合には、適用しない。ただし、次のいずれかに該当する場合は、この限りでない。
      <sup>art-261/par-1 · https://japanlaw.org/en/companies-act/art-261/par-1 · https://japanlaw.org/l/417AC0000000086/art-261/par-1</sup>
      The provisions of the preceding paragraph do not apply if the share options acquired by the acquirer of share options are share options with restriction on transfer; provided, however, that this does not apply if it falls under any of the following:
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **一**  当該新株予約権取得者が当該譲渡制限新株予約権を取得することについて次条の承認を受けていること。
        <sup>art-261/par-1/item-1 · https://japanlaw.org/en/companies-act/art-261/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-261/par-1/item-1</sup>
        relevant acquirer of share options has obtained approval under the following Article as to an intended acquisition of relevant share options with restriction of transfer;
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **二**  当該新株予約権取得者が当該譲渡制限新株予約権を取得したことについて第二百六十三条第一項の承認を受けていること。
        <sup>art-261/par-1/item-2 · https://japanlaw.org/en/companies-act/art-261/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-261/par-1/item-2</sup>
        relevant acquirer of share options has obtained approval under Article 263, paragraph (1) as to a completed acquisition of relevant share options with restriction of transfer;
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **三**  当該新株予約権取得者が相続その他の一般承継により譲渡制限新株予約権を取得した者であること。
        <sup>art-261/par-1/item-3 · https://japanlaw.org/en/companies-act/art-261/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-261/par-1/item-3</sup>
        relevant acquirer of share options is a person who acquired the share options with restriction of transfer by general succession including inheritance.
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-261/par-1: 前条 → 会社法 第二百六十条 (Article 260), art-260 — https://japanlaw.org/en/companies-act/art-260 · https://japanlaw.org/l/417AC0000000086/art-260
- art-261/par-1/item-1: 次条 → 会社法 第二百六十二条 (Article 262), art-262 — https://japanlaw.org/en/companies-act/art-262 · https://japanlaw.org/l/417AC0000000086/art-262
- art-261/par-1/item-2: 第二百六十三条第一項 → 会社法 第二百六十三条第一項 (Article 263, paragraph (1)), art-263/par-1 — https://japanlaw.org/en/companies-act/art-263/par-1 · https://japanlaw.org/l/417AC0000000086/art-263/par-1

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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