# 会社法 / Companies Act — 第八百四十四条 (Article 844)

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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: 第八百四十四条 (Article 844)（株式交換又は株式移転の無効判決の効力） — address `art-844`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/companies-act/art-844
- e-Gov law ID: 417AC0000000086 — never renamed. A permanent link, `/l/{lawId}/{address}` on this site, redirects to the page.
- Every provision below carries its address and its URL 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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### 第八百四十四条（株式交換又は株式移転の無効判決の効力） — (Effects of a Judgment of Invalidation of a Share Exchange or Share Transfer)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-844 · https://japanlaw.org/en/companies-act/art-844</sup>

    **第一項**  株式会社の株式交換又は株式移転の無効の訴えに係る請求を認容する判決が確定した場合において、株式交換又は株式移転をする株式会社（以下この条において「旧完全子会社」という。）の発行済株式の全部を取得する株式会社（以下この条において「旧完全親会社」という。）が当該株式交換又は株式移転に際して当該旧完全親会社の株式（以下この条において「旧完全親会社株式」という。）を交付したときは、当該旧完全親会社は、当該判決の確定時における当該旧完全親会社株式に係る株主に対し、当該株式交換又は株式移転の際に当該旧完全親会社株式の交付を受けた者が有していた旧完全子会社の株式（以下この条において「旧完全子会社株式」という。）を交付しなければならない。この場合において、旧完全親会社が株券発行会社であるときは、当該旧完全親会社は、当該株主に対し、当該旧完全子会社株式を交付するのと引換えに、当該旧完全親会社株式に係る旧株券を返還することを請求することができる。
    <sup>art-844/par-1 · https://japanlaw.org/en/companies-act/art-844/par-1</sup>
    If a judgment upholding a claim relating to an action seeking invalidation of a share exchange or share transfer of a stock company has become final and binding, if the stock company acquiring all of the issued shares (hereinafter referred to as the "former wholly owning parent company" in this Article) of the stock company effecting the share exchange or share transfer (hereinafter referred to as the "former wholly owned subsidiary company" in this Article) has delivered the shares of the former wholly owning parent company (hereinafter referred to as the "shares of the former wholly owning parent company" in this Article) at the time of the share exchange or share transfer, the former wholly owning parent company must deliver to holders of the shares of the former wholly owning parent company as of the time relevant judgment became final and conclusive the shares of the former wholly owned subsidiary company (hereinafter referred to as the "shares of the former wholly owned subsidiary company" in this Article) that had been held, at the time of the share exchange or share transfer, by the persons who received delivery of the shares of the former wholly owning parent company. In these cases, when relevant former wholly owning parent company is a share certificate-issuing company, the former wholly owning parent company may request relevant shareholders to return the old share certificates representing relevant shares of the former wholly owning parent company in exchange for the delivery of relevant shares of the former wholly owned subsidiary company.
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **第二項**  前項前段に規定する場合には、旧完全親会社株式を目的とする質権は、旧完全子会社株式について存在する。
    <sup>art-844/par-2 · https://japanlaw.org/en/companies-act/art-844/par-2</sup>
    In the cases prescribed in the first sentence of the preceding paragraph, pledges on the shares of the former wholly owning parent company are effective with respect to the shares of the former wholly owned subsidiary company.
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **第三項**  前項の質権の質権者が登録株式質権者であるときは、旧完全親会社は、第一項の判決の確定後遅滞なく、旧完全子会社に対し、当該登録株式質権者についての第百四十八条各号に掲げる事項を通知しなければならない。
    <sup>art-844/par-3 · https://japanlaw.org/en/companies-act/art-844/par-3</sup>
    When the pledgees with respect to the pledges set forth in the preceding paragraph are registered pledgees of shares, the former wholly owning parent company must, without delay after the judgment set forth in paragraph (1) became final and binding, notify the former wholly owned subsidiary company of the matters set forth in the items of Article 148 regarding relevant registered pledgees of shares.
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **第四項**  前項の規定による通知を受けた旧完全子会社は、その株主名簿に同項の登録株式質権者の質権の目的である株式に係る株主名簿記載事項を記載し、又は記録した場合には、直ちに、当該株主名簿に当該登録株式質権者についての第百四十八条各号に掲げる事項を記載し、又は記録しなければならない。
    <sup>art-844/par-4 · https://japanlaw.org/en/companies-act/art-844/par-4</sup>
    A former wholly owned subsidiary company that has received a notice under the provisions of the preceding paragraph must, when it enters or records in the shareholder register the information required to be entered in the shareholder register in connection with the shares underlying the pledges of the registered pledgees of shares referred to in that paragraph, immediately enter or record in the shareholder register the information set forth in the items of Article 148 regarding relevant registered pledgees of shares.
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **第五項**  第三項に規定する場合において、同項の旧完全子会社が株券発行会社であるときは、旧完全親会社は、登録株式質権者に対し、第二項の旧完全子会社株式に係る株券を引き渡さなければならない。ただし、第一項前段の株主が旧完全子会社株式の交付を受けるために旧完全親会社株式に係る旧株券を提出しなければならない場合において、旧株券の提出があるまでの間は、この限りでない。
    <sup>art-844/par-5 · https://japanlaw.org/en/companies-act/art-844/par-5</sup>
    In the cases prescribed in paragraph (3), when the former wholly owned subsidiary company set forth in that paragraph is a share certificate-issuing company, the former wholly owning parent company must deliver the share certificates representing the shares of the former wholly owned subsidiary company referred to in paragraph (2) to its registered pledgees of shares; provided, however, that this does not apply until the old share certificates representing the shares of the former wholly owning parent company are submitted if the shareholders referred to in the first sentence of paragraph (1) must submit relevant old share certificates in order to acquire the shares of the former wholly owned subsidiary company.
    <sup>Ministry of Justice translation with a slip corrected by this site — not the Ministry's text; the Ministry printed: "In the cases prescribed in paragraph (3), when the former wholly owned subsidiary company set forth in that paragraph is a share certificate-issuing company, the former wholly owning parent company must deliver the share certificates representing the shares of the former wholly owned subsidiary company referred to in paragraph (2) to its registered pledgees of shares; provided, however, that this does not apply until the old share certificates representing the former wholly owning subsidiary company are submitted if the shareholders referred to in the first sentence of paragraph (1) must submit relevant old share certifications in order to acquire the shares of the former wholly owned subsidiary company." — https://www.japaneselawtranslation.go.jp/en/laws/view/4482/tb</sup>

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## Cites
- art-844/par-1: この条 → 会社法 第八百四十四条 (Article 844), art-844 — https://japanlaw.org/en/companies-act/art-844
- art-844/par-2: 前項 → 会社法 第八百四十四条第一項 (Article 844, paragraph (1)), art-844/par-1 — https://japanlaw.org/en/companies-act/art-844/par-1
- art-844/par-3: 前項 → 会社法 第八百四十四条第二項 (Article 844, paragraph (2)), art-844/par-2 — https://japanlaw.org/en/companies-act/art-844/par-2
- art-844/par-3: 第一項 → 会社法 第八百四十四条第一項 (Article 844, paragraph (1)), art-844/par-1 — https://japanlaw.org/en/companies-act/art-844/par-1
- art-844/par-3: 第百四十八条 → 会社法 第百四十八条 (Article 148), art-148 — https://japanlaw.org/en/companies-act/art-148
- art-844/par-4: 前項 → 会社法 第八百四十四条第三項 (Article 844, paragraph (3)), art-844/par-3 — https://japanlaw.org/en/companies-act/art-844/par-3
- art-844/par-4: 第百四十八条 → 会社法 第百四十八条 (Article 148), art-148 — https://japanlaw.org/en/companies-act/art-148
- art-844/par-5: 第三項 → 会社法 第八百四十四条第三項 (Article 844, paragraph (3)), art-844/par-3 — https://japanlaw.org/en/companies-act/art-844/par-3
- art-844/par-5: 第二項 → 会社法 第八百四十四条第二項 (Article 844, paragraph (2)), art-844/par-2 — https://japanlaw.org/en/companies-act/art-844/par-2
- art-844/par-5: 第一項 → 会社法 第八百四十四条第一項 (Article 844, paragraph (1)), art-844/par-1 — https://japanlaw.org/en/companies-act/art-844/par-1

## Cited by

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

- 会社法 第八百四十四条第一項（株式交換又は株式移転の無効判決の効力） — https://japanlaw.org/en/companies-act/art-844/par-1
- 会社法 第八百四十四条第二項（株式交換又は株式移転の無効判決の効力） — https://japanlaw.org/en/companies-act/art-844/par-2
- 会社法 第八百四十四条第三項（株式交換又は株式移転の無効判決の効力） — https://japanlaw.org/en/companies-act/art-844/par-3
- 会社法 第八百四十四条第四項（株式交換又は株式移転の無効判決の効力） — https://japanlaw.org/en/companies-act/art-844/par-4
- 会社法 第八百四十四条第五項（株式交換又は株式移転の無効判決の効力） — https://japanlaw.org/en/companies-act/art-844/par-5

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## Sources

- claude-opus-5-5 — Corrections to the Ministry of Justice's English of paragraphs, written 2026-09-23
- 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 (会社法), Article 844, paragraph (5) — the Ministry of Justice's English as printed (https://www.japaneselawtranslation.go.jp/en/laws/view/4482/tb), 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 229 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17
