# 会社法 / Companies Act — 第八百十六条の八 (Article 816-8) - 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: 第八百十六条の八 (Article 816-8)（債権者の異議） — address `art-816-8` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-816-8 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-816-8 - 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. --- ### 第八百十六条の八（債権者の異議） — (Objections by Creditors) caption: Ministry of Justice translation — Japanese Law Translation Database System art-816-8 · https://japanlaw.org/en/companies-act/art-816-8 · https://japanlaw.org/l/417AC0000000086/art-816-8 **第一項** 株式交付に際して株式交付子会社の株式及び新株予約権等の譲渡人に対して交付する金銭等（株式交付親会社の株式を除く。）が株式交付親会社の株式に準ずるものとして法務省令で定めるもののみである場合以外の場合には、株式交付親会社の債権者は、株式交付親会社に対し、株式交付について異議を述べることができる。 art-816-8/par-1 · https://japanlaw.org/en/companies-act/art-816-8/par-1 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-1 In cases other than cases where the monies, etc. (excluding the shares of the parent company resulting from a partial share exchange) to be delivered to the transferors of shares and share options, etc. of the subsidiary company resulting from a partial share exchange from the partial share exchange are limited to those prescribed by Ministry of Justice Order as being equivalent to shares in the parent company resulting from a partial share exchange, the creditors of the parent company resulting from a partial share exchange may state their objections to the partial share exchange to the parent company resulting from a partial share exchange. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定により株式交付親会社の債権者が異議を述べることができる場合には、株式交付親会社は、次に掲げる事項を官報に公告し、かつ、知れている債権者には、各別にこれを催告しなければならない。ただし、第四号の期間は、一箇月を下ることができない。 art-816-8/par-2 · https://japanlaw.org/en/companies-act/art-816-8/par-2 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2 If creditors of a parent company resulting from a partial share exchange may state their objections pursuant to the provisions of the preceding paragraph, relevant parent company resulting from a partial share exchange must give public notice of the matters set forth below in Official Gazette and must give notices inviting objections separately to each known creditor, if any; provided, however, that the period provided in item (iv) must be at least one month: Ministry of Justice translation — Japanese Law Translation Database System **一** 株式交付をする旨 art-816-8/par-2/item-1 · https://japanlaw.org/en/companies-act/art-816-8/par-2/item-1 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2/item-1 intent to effect a partial share exchange ; Ministry of Justice translation — Japanese Law Translation Database System **二** 株式交付子会社の商号及び住所 art-816-8/par-2/item-2 · https://japanlaw.org/en/companies-act/art-816-8/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2/item-2 trade name and address of the subsidiary company resulting from a partial share exchange; Ministry of Justice translation — Japanese Law Translation Database System **三** 株式交付親会社及び株式交付子会社の計算書類に関する事項として法務省令で定めるもの art-816-8/par-2/item-3 · https://japanlaw.org/en/companies-act/art-816-8/par-2/item-3 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2/item-3 the matters prescribed by Ministry of Justice Order as the matters regarding the financial statements of the parent company resulting from a partial share exchange and subsidiary company resulting from a partial share exchange; and Ministry of Justice translation — Japanese Law Translation Database System **四** 債権者が一定の期間内に異議を述べることができる旨 art-816-8/par-2/item-4 · https://japanlaw.org/en/companies-act/art-816-8/par-2/item-4 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2/item-4 the fact that creditors may state objections within a certain period of time. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 前項の規定にかかわらず、株式交付親会社が同項の規定による公告を、官報のほか、第九百三十九条第一項の規定による定款の定めに従い、同項第二号又は第三号に掲げる公告方法によりするときは、前項の規定による各別の催告は、することを要しない。 art-816-8/par-3 · https://japanlaw.org/en/companies-act/art-816-8/par-3 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-3 Notwithstanding the provisions of the preceding paragraph, if a parent company resulting from a partial share exchange gives public notice under that paragraph by method of public notice set forth in Article 939, paragraph (1), item (ii) or (iii) in accordance with the provisions of the articles of incorporation pursuant to the provisions of that paragraph beyond Official Gazette, the stock company is not required to give separate notices under the provisions of the preceding paragraph. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 債権者が第二項第四号の期間内に異議を述べなかったときは、当該債権者は、当該株式交付について承認をしたものとみなす。 art-816-8/par-4 · https://japanlaw.org/en/companies-act/art-816-8/par-4 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-4 If a creditor has not stated an objection within the period of time specified under the terms of paragraph (2) item (iv), the creditor is deemed to have approved the partial share exchange . Ministry of Justice translation — Japanese Law Translation Database System **第五項** 債権者が第二項第四号の期間内に異議を述べたときは、株式交付親会社は、当該債権者に対し、弁済し、若しくは相当の担保を提供し、又は当該債権者に弁済を受けさせることを目的として信託会社等に相当の財産を信託しなければならない。ただし、当該株式交付をしても当該債権者を害するおそれがないときは、この限りでない。 art-816-8/par-5 · https://japanlaw.org/en/companies-act/art-816-8/par-5 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-5 If the creditors raise objections within the period under paragraph (2), item (iv), the parent company resulting from a partial share exchange must make payment to or provide appropriate security to relevant creditors, or entrust appropriate assets to a qualified trust company for the purpose of assuring the payment to relevant creditors; provided, however, that this does not apply if there is no risk of harm to that creditors by relevant partial share exchange . Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-816-8/par-2: 前項 → 会社法 第八百十六条の八第一項 (Article 816-8, paragraph (1)), art-816-8/par-1 — https://japanlaw.org/en/companies-act/art-816-8/par-1 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-1 - art-816-8/par-2: 第四号 → 会社法 第八百十六条の八第二項第四号 (Article 816-8, paragraph (2), item (iv)), art-816-8/par-2/item-4 — https://japanlaw.org/en/companies-act/art-816-8/par-2/item-4 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2/item-4 - art-816-8/par-3: 前項 → 会社法 第八百十六条の八第二項 (Article 816-8, paragraph (2)), art-816-8/par-2 — https://japanlaw.org/en/companies-act/art-816-8/par-2 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2 - art-816-8/par-3: 第九百三十九条第一項 → 会社法 第九百三十九条第一項 (Article 939, paragraph (1)), art-939/par-1 — https://japanlaw.org/en/companies-act/art-939/par-1 · https://japanlaw.org/l/417AC0000000086/art-939/par-1 - art-816-8/par-3: 同項第二号 → 会社法 第九百三十九条第一項第二号 (Article 939, paragraph (1), item (ii)), art-939/par-1/item-2 — https://japanlaw.org/en/companies-act/art-939/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-939/par-1/item-2 - art-816-8/par-3: 第三号 → 会社法 第九百三十九条第一項第三号 (Article 939, paragraph (1), item (iii)), art-939/par-1/item-3 — https://japanlaw.org/en/companies-act/art-939/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-939/par-1/item-3 - art-816-8/par-4: 第二項第四号 → 会社法 第八百十六条の八第二項第四号 (Article 816-8, paragraph (2), item (iv)), art-816-8/par-2/item-4 — https://japanlaw.org/en/companies-act/art-816-8/par-2/item-4 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2/item-4 - art-816-8/par-5: 第二項第四号 → 会社法 第八百十六条の八第二項第四号 (Article 816-8, paragraph (2), item (iv)), art-816-8/par-2/item-4 — https://japanlaw.org/en/companies-act/art-816-8/par-2/item-4 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2/item-4 ## Cited by 9 provisions cite this one. No official source publishes this direction. - 会社法 第七百四十条第一項（債権者の異議手続の特則） — https://japanlaw.org/en/companies-act/art-740/par-1 · https://japanlaw.org/l/417AC0000000086/art-740/par-1 - 会社法 第七百四十条第三項（債権者の異議手続の特則） — https://japanlaw.org/en/companies-act/art-740/par-3 · https://japanlaw.org/l/417AC0000000086/art-740/par-3 - 会社法 第七百七十四条の十一第五項第一号（株式交付の効力の発生等） — https://japanlaw.org/en/companies-act/art-774-11/par-5/item-1 · https://japanlaw.org/l/417AC0000000086/art-774-11/par-5/item-1 - 会社法 第八百十六条の二第二項第三号（株式交付計画に関する書面等の備置き及び閲覧等） — https://japanlaw.org/en/companies-act/art-816-2/par-2/item-3 · https://japanlaw.org/l/417AC0000000086/art-816-2/par-2/item-3 - 会社法 第八百十六条の八第二項（債権者の異議） — https://japanlaw.org/en/companies-act/art-816-8/par-2 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-2 - 会社法 第八百十六条の八第三項（債権者の異議） — https://japanlaw.org/en/companies-act/art-816-8/par-3 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-3 - 会社法 第八百十六条の八第四項（債権者の異議） — https://japanlaw.org/en/companies-act/art-816-8/par-4 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-4 - 会社法 第八百十六条の八第五項（債権者の異議） — https://japanlaw.org/en/companies-act/art-816-8/par-5 · https://japanlaw.org/l/417AC0000000086/art-816-8/par-5 - 会社法 第九百七十六条第一項第二十六号（過料に処すべき行為） — https://japanlaw.org/en/companies-act/art-976/par-1/item-26 · https://japanlaw.org/l/417AC0000000086/art-976/par-1/item-26 --- ## 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 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Companies Act — Ministry of Justice translation (part 2 of 2) (https://www.japaneselawtranslation.go.jp/en/laws/view/4482/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