# 会社法 / Companies Act — 第七百二十八条 (Article 728)

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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: 第七百二十八条 (Article 728)（議決権の不統一行使） — address `art-728`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-728
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-728
- 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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### 第七百二十八条（議決権の不統一行使） — (Inconsistent Voting)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-728 · https://japanlaw.org/en/companies-act/art-728 · https://japanlaw.org/l/417AC0000000086/art-728</sup>

  **第一項**  社債権者は、その有する議決権を統一しないで行使することができる。この場合においては、社債権者集会の日の三日前までに、招集者に対してその旨及びその理由を通知しなければならない。
  <sup>art-728/par-1 · https://japanlaw.org/en/companies-act/art-728/par-1 · https://japanlaw.org/l/417AC0000000086/art-728/par-1</sup>
  Bondholders may exercise the voting rights they hold without maintaining consistency. In these cases, the bondholders must notify the convener to that effect and of the reasons for the same no later than three days prior to the day of the bondholders meeting.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第二項**  招集者は、前項の社債権者が他人のために社債を有する者でないときは、当該社債権者が同項の規定によりその有する議決権を統一しないで行使することを拒むことができる。
  <sup>art-728/par-2 · https://japanlaw.org/en/companies-act/art-728/par-2 · https://japanlaw.org/l/417AC0000000086/art-728/par-2</sup>
  If a bondholder in the preceding paragraph is not a person who holds bonds on behalf of others, the convener may reject the inconsistent exercise of the voting rights held by relevant bondholder under the provisions of that paragraph.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-728/par-2: 前項 → 会社法 第七百二十八条第一項 (Article 728, paragraph (1)), art-728/par-1 — https://japanlaw.org/en/companies-act/art-728/par-1 · https://japanlaw.org/l/417AC0000000086/art-728/par-1

## Cited by

2 provisions cite this one. No official source publishes this direction.

- 会社法 第七百二十八条第二項（議決権の不統一行使） — https://japanlaw.org/en/companies-act/art-728/par-2 · https://japanlaw.org/l/417AC0000000086/art-728/par-2
- 医療法 第五十四条の七第一項 — https://japanlaw.org/en/medical-care-act/art-54-7/par-1 · https://japanlaw.org/l/323AC0000000205/art-54-7/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
