# 商法 / Commercial Code — 第五条 (Supplementary Provisions, Article 5)

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- Law: 商法 (Commercial Code), 明治三十二年法律第四十八号
- English title "Commercial Code": 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: 第五条 (Supplementary Provisions, Article 5)（自己の株式の処分の制限等） — address `suppl-4131-79/art-5`
- Text in force since: 2026-06-24
- URL (the page that opens at this provision): https://japanlaw.org/ja/commercial-code/suppl-4131-79/art-5
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/132AC0000000048/suppl-4131-79/art-5
- 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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### 第五条（自己の株式の処分の制限等） — Restrictions on Disposal of Own Shares, etc.
<sup>caption: machine translation, not official</sup>
<sup>suppl-4131-79/art-5 · https://japanlaw.org/ja/commercial-code/suppl-4131-79/art-5 · https://japanlaw.org/l/132AC0000000048/suppl-4131-79/art-5</sup>

**第一項**  株式会社は、平成十四年三月三十一日までの間、新商法第三百五十六条、第三百七十四条ノ十九及び第四百九条ノ二並びに次項に規定する場合を除き、その有する自己の株式を処分してはならない。
<sup>suppl-4131-79/art-5/par-1 · https://japanlaw.org/ja/commercial-code/suppl-4131-79/art-5/par-1 · https://japanlaw.org/l/132AC0000000048/suppl-4131-79/art-5/par-1</sup>
A stock company must not, until March 31, 2002, dispose of the own shares it holds, except in the cases prescribed in Articles 356, 374-19 and 409-2 of the Amended Commercial Code and in the following paragraph.
<sup>machine translation, not official</sup>

**第二項**  旧商法第二百十条ノ二第二項の決議に基づいて株式を買い受けた会社は、その株式をその決議の範囲内で譲渡することができる。この場合においては、会社法（平成十七年法律第八十六号）第二編第二章第八節の規定は、適用しない。
<sup>suppl-4131-79/art-5/par-2 · https://japanlaw.org/ja/commercial-code/suppl-4131-79/art-5/par-2 · https://japanlaw.org/l/132AC0000000048/suppl-4131-79/art-5/par-2</sup>
A company that has purchased shares on the basis of a resolution under Article 210-2, paragraph (2) of the Former Commercial Code may transfer those shares within the scope of that resolution. In this case, the provisions of Part II, Chapter II, Section 8 of the Companies Act (Act No. 86 of 2005) do not apply.
<sup>machine translation, not official</sup>

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## Cites
- suppl-4131-79/art-5/par-1: 次項 → 商法 附則第五条第二項 (Supplementary Provisions, Article 5, paragraph (2)), suppl-4131-79/art-5/par-2 — https://japanlaw.org/ja/commercial-code/suppl-4131-79/art-5/par-2 · https://japanlaw.org/l/132AC0000000048/suppl-4131-79/art-5/par-2

## Cited by

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

- 商法 附則第三条第一項（次期決算期に関する定時総会の終結の時までの自己の株式の買受けに関する経過措置） — https://japanlaw.org/ja/commercial-code/suppl-4131-79/art-3/par-1 · https://japanlaw.org/l/132AC0000000048/suppl-4131-79/art-3/par-1
- 商法 附則第五条第一項（自己の株式の処分の制限等） — https://japanlaw.org/ja/commercial-code/suppl-4131-79/art-5/par-1 · https://japanlaw.org/l/132AC0000000048/suppl-4131-79/art-5/par-1

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## Sources

- e-Gov 法令検索, Digital Agency (デジタル庁) — 商法 — the text in force from 2026-06-24 (https://laws.e-gov.go.jp/law/132AC0000000048/20260624_508AC0000000046), retrieved 2026-11-05
- Japanese Law Translation Database System, Ministry of Justice (法務省) — Commercial Code — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4293/tb), retrieved 2026-11-05
- claude-sonnet-5-5 — Machine translation, batch commercial-code-20261105T141039-009, translated 2026-11-06
- This site's parser, version 224 — 商法 — structure, counts, cross-references and defined terms, computed 2026-11-05
