# 会社法 / Companies Act — 第四百七十条 (Article 470) - 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: 第四百七十条 (Article 470)（株式の価格の決定等） — address `art-470` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-470 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-470 - 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. --- ### 第四百七十条（株式の価格の決定等） — (Determination of the Price of Shares) caption: Ministry of Justice translation — Japanese Law Translation Database System art-470 · https://japanlaw.org/en/companies-act/art-470 · https://japanlaw.org/l/417AC0000000086/art-470 **第一項** 株式買取請求があった場合において、株式の価格の決定について、株主と事業譲渡等をする株式会社との間に協議が調ったときは、当該株式会社は、効力発生日から六十日以内にその支払をしなければならない。 art-470/par-1 · https://japanlaw.org/en/companies-act/art-470/par-1 · https://japanlaw.org/l/417AC0000000086/art-470/par-1 If a shareholder exercises appraisal rights and an agreement determining the price of shares is reached between the shareholder and the stock company effecting the business transfer, etc., the stock company must pay that price within sixty days from the effective day. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 株式の価格の決定について、効力発生日から三十日以内に協議が調わないときは、株主又は前項の株式会社は、その期間の満了の日後三十日以内に、裁判所に対し、価格の決定の申立てをすることができる。 art-470/par-2 · https://japanlaw.org/en/companies-act/art-470/par-2 · https://japanlaw.org/l/417AC0000000086/art-470/par-2 If no agreement deciding the price of shares is reached within thirty days from the effective day, the shareholders or the stock company under the preceding paragraph may file a petition for the court to determine the price within thirty days after the expiration of that period. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 前条第七項の規定にかかわらず、前項に規定する場合において、効力発生日から六十日以内に同項の申立てがないときは、その期間の満了後は、株主は、いつでも、株式買取請求を撤回することができる。 art-470/par-3 · https://japanlaw.org/en/companies-act/art-470/par-3 · https://japanlaw.org/l/417AC0000000086/art-470/par-3 Notwithstanding the provisions of paragraph (7) of the preceding Article, in the cases provided for in the preceding paragraph, if the petition under that paragraph is not made within sixty days after the effective day, shareholders exercising appraisal rights may withdraw their demands for appraisal at any time after the expiration of that period. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 第一項の株式会社は、裁判所の決定した価格に対する同項の期間の満了の日後の法定利率による利息をも支払わなければならない。 art-470/par-4 · https://japanlaw.org/en/companies-act/art-470/par-4 · https://japanlaw.org/l/417AC0000000086/art-470/par-4 Stock companies under paragraph (1) must also pay interest on the price determined by the court at the statutory interest rate from and including the day of the expiration of the period referred to in that paragraph. Ministry of Justice translation — Japanese Law Translation Database System **第五項** 第一項の株式会社は、株式の価格の決定があるまでは、株主に対し、当該株式会社が公正な価格と認める額を支払うことができる。 art-470/par-5 · https://japanlaw.org/en/companies-act/art-470/par-5 · https://japanlaw.org/l/417AC0000000086/art-470/par-5 The stock company under paragraph (1) may pay to shareholders the amount that the stock company considers to be a fair price until the determination of the share price. Ministry of Justice translation — Japanese Law Translation Database System **第六項** 株式買取請求に係る株式の買取りは、効力発生日に、その効力を生ずる。 art-470/par-6 · https://japanlaw.org/en/companies-act/art-470/par-6 · https://japanlaw.org/l/417AC0000000086/art-470/par-6 A share purchase for the exercise of appraisal rights becomes effective on the effective day. Ministry of Justice translation — Japanese Law Translation Database System **第七項** 株券発行会社は、株券が発行されている株式について株式買取請求があったときは、株券と引換えに、その株式買取請求に係る株式の代金を支払わなければならない。 art-470/par-7 · https://japanlaw.org/en/companies-act/art-470/par-7 · https://japanlaw.org/l/417AC0000000086/art-470/par-7 If a shareholder exercises appraisal rights with respect to shares for which share certificates are issued, the share certificate-issuing company must pay the price of the shares relating to the exercise of the appraisal rights in exchange for the share certificates. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-470/par-2: 前項 → 会社法 第四百七十条第一項 (Article 470, paragraph (1)), art-470/par-1 — https://japanlaw.org/en/companies-act/art-470/par-1 · https://japanlaw.org/l/417AC0000000086/art-470/par-1 - art-470/par-3: 前条第七項 → 会社法 第四百六十九条第七項 (Article 469, paragraph (7)), art-469/par-7 — https://japanlaw.org/en/companies-act/art-469/par-7 · https://japanlaw.org/l/417AC0000000086/art-469/par-7 - art-470/par-3: 前項 → 会社法 第四百七十条第二項 (Article 470, paragraph (2)), art-470/par-2 — https://japanlaw.org/en/companies-act/art-470/par-2 · https://japanlaw.org/l/417AC0000000086/art-470/par-2 - art-470/par-4: 第一項 → 会社法 第四百七十条第一項 (Article 470, paragraph (1)), art-470/par-1 — https://japanlaw.org/en/companies-act/art-470/par-1 · https://japanlaw.org/l/417AC0000000086/art-470/par-1 - art-470/par-5: 第一項 → 会社法 第四百七十条第一項 (Article 470, paragraph (1)), art-470/par-1 — https://japanlaw.org/en/companies-act/art-470/par-1 · https://japanlaw.org/l/417AC0000000086/art-470/par-1 ## Cited by 6 provisions cite this one. No official source publishes this direction. - 会社法 第四百七十条第二項（株式の価格の決定等） — https://japanlaw.org/en/companies-act/art-470/par-2 · https://japanlaw.org/l/417AC0000000086/art-470/par-2 - 会社法 第四百七十条第三項（株式の価格の決定等） — https://japanlaw.org/en/companies-act/art-470/par-3 · https://japanlaw.org/l/417AC0000000086/art-470/par-3 - 会社法 第四百七十条第四項（株式の価格の決定等） — https://japanlaw.org/en/companies-act/art-470/par-4 · https://japanlaw.org/l/417AC0000000086/art-470/par-4 - 会社法 第四百七十条第五項（株式の価格の決定等） — https://japanlaw.org/en/companies-act/art-470/par-5 · https://japanlaw.org/l/417AC0000000086/art-470/par-5 - 会社法 第八百七十条第二項第二号（陳述の聴取） — https://japanlaw.org/en/companies-act/art-870/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-870/par-2/item-2 - 会社法 附則第十八条第一項（事業譲渡等に関する経過措置） — https://japanlaw.org/en/companies-act/suppl-4261-90/art-18/par-1 · https://japanlaw.org/l/417AC0000000086/suppl-4261-90/art-18/par-1 --- ## 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