# 会社法 / Companies Act — 第百四十四条 (Article 144)

- 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: 第百四十四条 (Article 144)（売買価格の決定） — address `art-144`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-144
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-144
- 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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### 第百四十四条（売買価格の決定） — (Determination of Sale Prices)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-144 · https://japanlaw.org/ja/companies-act/art-144 · https://japanlaw.org/l/417AC0000000086/art-144</sup>

      **第一項**  第百四十一条第一項の規定による通知があった場合には、第百四十条第一項第二号の対象株式の売買価格は、株式会社と譲渡等承認請求者との協議によって定める。
      <sup>art-144/par-1 · https://japanlaw.org/ja/companies-act/art-144/par-1 · https://japanlaw.org/l/417AC0000000086/art-144/par-1</sup>
      If notice is given pursuant to the provisions of Article 141, paragraph (1), the sale price of the subject shares under Article 140, paragraph (1), item (ii) is prescribed through discussion between the stock company and the requester for approval of transfer.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第二項**  株式会社又は譲渡等承認請求者は、第百四十一条第一項の規定による通知があった日から二十日以内に、裁判所に対し、売買価格の決定の申立てをすることができる。
      <sup>art-144/par-2 · https://japanlaw.org/ja/companies-act/art-144/par-2 · https://japanlaw.org/l/417AC0000000086/art-144/par-2</sup>
      The stock company or requester for approval of transfers may file a petition for the court to determine the sale price within twenty days from the day when notice is given pursuant to the provisions of Article 141, paragraph (1).
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第三項**  裁判所は、前項の決定をするには、譲渡等承認請求の時における株式会社の資産状態その他一切の事情を考慮しなければならない。
      <sup>art-144/par-3 · https://japanlaw.org/ja/companies-act/art-144/par-3 · https://japanlaw.org/l/417AC0000000086/art-144/par-3</sup>
      In order to make the determination under the preceding paragraph, the court must consider the financial conditions of the stock company at the time of the requests for approval of transfer and all other circumstances.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第四項**  第一項の規定にかかわらず、第二項の期間内に同項の申立てがあったときは、当該申立てにより裁判所が定めた額をもって第百四十条第一項第二号の対象株式の売買価格とする。
      <sup>art-144/par-4 · https://japanlaw.org/ja/companies-act/art-144/par-4 · https://japanlaw.org/l/417AC0000000086/art-144/par-4</sup>
      Notwithstanding the provisions of paragraph (1), if a petition under paragraph (2) is made within the period provided for in that paragraph, the amount determined by the court in response to relevant petition is to be the sale price of the subject shares under Article 140, paragraph (1), item (ii).
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第五項**  第一項の規定にかかわらず、第二項の期間内に同項の申立てがないとき（当該期間内に第一項の協議が調った場合を除く。）は、一株当たり純資産額に第百四十条第一項第二号の対象株式の数を乗じて得た額をもって当該対象株式の売買価格とする。
      <sup>art-144/par-5 · https://japanlaw.org/ja/companies-act/art-144/par-5 · https://japanlaw.org/l/417AC0000000086/art-144/par-5</sup>
      Notwithstanding the provisions of paragraph (1), if no petition under paragraph (2) is made within the period provided for in that paragraph (except if the discussions under paragraph (1) are successfully concluded within the period), the amount obtained by multiplying the amount of the net assets per share by the number of the subject shares under Article 140, paragraph (1), item (ii) is to be the sale price of the subject shares.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第六項**  第百四十一条第二項の規定による供託をした場合において、第百四十条第一項第二号の対象株式の売買価格が確定したときは、株式会社は、供託した金銭に相当する額を限度として、売買代金の全部又は一部を支払ったものとみなす。
      <sup>art-144/par-6 · https://japanlaw.org/ja/companies-act/art-144/par-6 · https://japanlaw.org/l/417AC0000000086/art-144/par-6</sup>
      If a deposit is effected pursuant to the provisions of Article 141, paragraph (2), and the sale price of the subject shares under Article 140, paragraph (1), item (ii) has been finalized, the stock company is deemed to have paid the sale price, in whole or in part, up to an amount equivalent to the value of the money so deposited.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第七項**  前各項の規定は、第百四十二条第一項の規定による通知があった場合について準用する。この場合において、第一項中「第百四十条第一項第二号」とあるのは「第百四十二条第一項第二号」と、「株式会社」とあるのは「指定買取人」と、第二項中「株式会社」とあるのは「指定買取人」と、第四項及び第五項中「第百四十条第一項第二号」とあるのは「第百四十二条第一項第二号」と、前項中「第百四十一条第二項」とあるのは「第百四十二条第二項」と、「第百四十条第一項第二号」とあるのは「同条第一項第二号」と、「株式会社」とあるのは「指定買取人」と読み替えるものとする。
      <sup>art-144/par-7 · https://japanlaw.org/ja/companies-act/art-144/par-7 · https://japanlaw.org/l/417AC0000000086/art-144/par-7</sup>
      The provisions of the preceding paragraphs apply mutatis mutandis if notice is given pursuant to the provisions of Article 142, paragraph (1). phrase In these cases, in paragraph (1), the phrase "Article 140, paragraph (1), item (ii)" is deemed to be replaced with "Article 142, paragraph (1), item (ii)" and the term "stock company" is deemed to be replaced with "designated purchaser"; in paragraph (2), the term "stock company" is deemed to be replaced with "designated purchaser"; in paragraph (4) and paragraph (5), the phrase "Article 140, paragraph (1), item (ii)" is deemed to be replaced with "Article 142, paragraph (1), item (ii)"; and in the preceding paragraph, the phrase "Article 141, paragraph (2)" is deemed to be replaced with "Article 142, paragraph (2)", the phrase "Article 140, paragraph (1), item (ii)" is deemed to be replaced with "paragraph (1), item (ii) of that Article", and the term "stock company" is deemed to be replaced with "designated purchaser".
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-144/par-1: 第百四十一条第一項 → 会社法 第百四十一条第一項 (Article 141, paragraph (1)), art-141/par-1 — https://japanlaw.org/ja/companies-act/art-141/par-1 · https://japanlaw.org/l/417AC0000000086/art-141/par-1
- art-144/par-1: 第百四十条第一項第二号 → 会社法 第百四十条第一項第二号 (Article 140, paragraph (1), item (ii)), art-140/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-140/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-140/par-1/item-2
- art-144/par-2: 第百四十一条第一項 → 会社法 第百四十一条第一項 (Article 141, paragraph (1)), art-141/par-1 — https://japanlaw.org/ja/companies-act/art-141/par-1 · https://japanlaw.org/l/417AC0000000086/art-141/par-1
- art-144/par-3: 前項 → 会社法 第百四十四条第二項 (Article 144, paragraph (2)), art-144/par-2 — https://japanlaw.org/ja/companies-act/art-144/par-2 · https://japanlaw.org/l/417AC0000000086/art-144/par-2
- art-144/par-4: 第一項 → 会社法 第百四十四条第一項 (Article 144, paragraph (1)), art-144/par-1 — https://japanlaw.org/ja/companies-act/art-144/par-1 · https://japanlaw.org/l/417AC0000000086/art-144/par-1
- art-144/par-4: 第二項 → 会社法 第百四十四条第二項 (Article 144, paragraph (2)), art-144/par-2 — https://japanlaw.org/ja/companies-act/art-144/par-2 · https://japanlaw.org/l/417AC0000000086/art-144/par-2
- art-144/par-4: 第百四十条第一項第二号 → 会社法 第百四十条第一項第二号 (Article 140, paragraph (1), item (ii)), art-140/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-140/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-140/par-1/item-2
- art-144/par-5: 第一項 → 会社法 第百四十四条第一項 (Article 144, paragraph (1)), art-144/par-1 — https://japanlaw.org/ja/companies-act/art-144/par-1 · https://japanlaw.org/l/417AC0000000086/art-144/par-1
- art-144/par-5: 第二項 → 会社法 第百四十四条第二項 (Article 144, paragraph (2)), art-144/par-2 — https://japanlaw.org/ja/companies-act/art-144/par-2 · https://japanlaw.org/l/417AC0000000086/art-144/par-2
- art-144/par-5: 第百四十条第一項第二号 → 会社法 第百四十条第一項第二号 (Article 140, paragraph (1), item (ii)), art-140/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-140/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-140/par-1/item-2
- art-144/par-6: 第百四十一条第二項 → 会社法 第百四十一条第二項 (Article 141, paragraph (2)), art-141/par-2 — https://japanlaw.org/ja/companies-act/art-141/par-2 · https://japanlaw.org/l/417AC0000000086/art-141/par-2
- art-144/par-6: 第百四十条第一項第二号 → 会社法 第百四十条第一項第二号 (Article 140, paragraph (1), item (ii)), art-140/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-140/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-140/par-1/item-2
- art-144/par-7: 前各項 → 会社法 第百四十四条第一項 (Article 144, paragraph (1)), art-144/par-1 — https://japanlaw.org/ja/companies-act/art-144/par-1 · https://japanlaw.org/l/417AC0000000086/art-144/par-1
- art-144/par-7: 前各項 → 会社法 第百四十四条第二項 (Article 144, paragraph (2)), art-144/par-2 — https://japanlaw.org/ja/companies-act/art-144/par-2 · https://japanlaw.org/l/417AC0000000086/art-144/par-2
- art-144/par-7: 前各項 → 会社法 第百四十四条第三項 (Article 144, paragraph (3)), art-144/par-3 — https://japanlaw.org/ja/companies-act/art-144/par-3 · https://japanlaw.org/l/417AC0000000086/art-144/par-3
- art-144/par-7: 前各項 → 会社法 第百四十四条第四項 (Article 144, paragraph (4)), art-144/par-4 — https://japanlaw.org/ja/companies-act/art-144/par-4 · https://japanlaw.org/l/417AC0000000086/art-144/par-4
- art-144/par-7: 前各項 → 会社法 第百四十四条第五項 (Article 144, paragraph (5)), art-144/par-5 — https://japanlaw.org/ja/companies-act/art-144/par-5 · https://japanlaw.org/l/417AC0000000086/art-144/par-5
- art-144/par-7: 前各項 → 会社法 第百四十四条第六項 (Article 144, paragraph (6)), art-144/par-6 — https://japanlaw.org/ja/companies-act/art-144/par-6 · https://japanlaw.org/l/417AC0000000086/art-144/par-6
- art-144/par-7: 第百四十二条第一項 → 会社法 第百四十二条第一項 (Article 142, paragraph (1)), art-142/par-1 — https://japanlaw.org/ja/companies-act/art-142/par-1 · https://japanlaw.org/l/417AC0000000086/art-142/par-1
- art-144/par-7: 第百四十条第一項第二号 → 会社法 第百四十条第一項第二号 (Article 140, paragraph (1), item (ii)), art-140/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-140/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-140/par-1/item-2
- art-144/par-7: 第百四十二条第一項第二号 → 会社法 第百四十二条第一項第二号 (Article 142, paragraph (1), item (ii)), art-142/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-142/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-142/par-1/item-2
- art-144/par-7: 第百四十一条第二項 → 会社法 第百四十一条第二項 (Article 141, paragraph (2)), art-141/par-2 — https://japanlaw.org/ja/companies-act/art-141/par-2 · https://japanlaw.org/l/417AC0000000086/art-141/par-2
- art-144/par-7: 第百四十二条第二項 → 会社法 第百四十二条第二項 (Article 142, paragraph (2)), art-142/par-2 — https://japanlaw.org/ja/companies-act/art-142/par-2 · https://japanlaw.org/l/417AC0000000086/art-142/par-2

## Cited by

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

- 会社法 第百四十四条第三項（売買価格の決定） — https://japanlaw.org/ja/companies-act/art-144/par-3 · https://japanlaw.org/l/417AC0000000086/art-144/par-3
- 会社法 第百四十四条第四項（売買価格の決定） — https://japanlaw.org/ja/companies-act/art-144/par-4 · https://japanlaw.org/l/417AC0000000086/art-144/par-4
- 会社法 第百四十四条第五項（売買価格の決定） — https://japanlaw.org/ja/companies-act/art-144/par-5 · https://japanlaw.org/l/417AC0000000086/art-144/par-5
- 会社法 第百四十四条第七項（売買価格の決定） — https://japanlaw.org/ja/companies-act/art-144/par-7 · https://japanlaw.org/l/417AC0000000086/art-144/par-7
- 会社法 第八百七十条第二項第三号（陳述の聴取） — https://japanlaw.org/ja/companies-act/art-870/par-2/item-3 · https://japanlaw.org/l/417AC0000000086/art-870/par-2/item-3

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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 211 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17
