# 会社法 / Companies Act — 第百五十九条 (Article 159) This is the Markdown twin of https://japanlaw.org/ja/companies-act/art-159. Every law, and how to address a provision: https://japanlaw.org/llms.txt. The same laws as MCP tools (no sign-in): https://japanlaw.org/mcp. - 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: 第百五十九条 (Article 159)（譲渡しの申込み） — address `art-159` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-159 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-159 - 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. --- ### 第百五十九条（譲渡しの申込み） — (Offers to Transfer) caption: Ministry of Justice translation — Japanese Law Translation Database System art-159 · https://japanlaw.org/ja/companies-act/art-159 · https://japanlaw.org/l/417AC0000000086/art-159 **第一項** 前条第一項の規定による通知を受けた株主は、その有する株式の譲渡しの申込みをしようとするときは、株式会社に対し、その申込みに係る株式の数（種類株式発行会社にあっては、株式の種類及び数）を明らかにしなければならない。 art-159/par-1 · https://japanlaw.org/ja/companies-act/art-159/par-1 · https://japanlaw.org/l/417AC0000000086/art-159/par-1 If a shareholder who receives a notice pursuant to the provisions of paragraph (1) of the preceding Article intends to make an offer to transfer the shares the shareholder holds, the shareholder must disclose to the stock company the number of shares (or, for a company with class shares, the classes of the shares and the number of the shares for each class) relating to that offer. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 株式会社は、第百五十七条第一項第四号の期日において、前項の株主が申込みをした株式の譲受けを承諾したものとみなす。ただし、同項の株主が申込みをした株式の総数（以下この項において「申込総数」という。）が同条第一項第一号の数（以下この項において「取得総数」という。）を超えるときは、取得総数を申込総数で除して得た数に前項の株主が申込みをした株式の数を乗じて得た数（その数に一に満たない端数がある場合にあっては、これを切り捨てるものとする。）の株式の譲受けを承諾したものとみなす。 art-159/par-2 · https://japanlaw.org/ja/companies-act/art-159/par-2 · https://japanlaw.org/l/417AC0000000086/art-159/par-2 A stock company is deemed to have accepted, on the date provided for in Article 157, paragraph (1), item (iv), the transfer of shares that the shareholders under the preceding paragraph offered; provided, however, that if the total number of shares that the shareholders under that paragraph offered (hereinafter in this paragraph referred to as "total number of shares offered") exceed the number provided for in paragraph (1), item (i) of that Article (hereinafter in this paragraph referred to as "total number of shares to be acquired"), it is deemed that the stock company has accepted the transfer of the shares in the number obtained by first dividing the total number of shares to be acquired by the total number of shares offered, and then multiplying relevant product by the number of the shares offered by the shareholders under the preceding paragraph (if the number so obtained includes a fractional share, this fractional share is to be rounded off). Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-159/par-1: 前条第一項 → 会社法 第百五十八条第一項 (Article 158, paragraph (1)), art-158/par-1 — https://japanlaw.org/ja/companies-act/art-158/par-1 · https://japanlaw.org/l/417AC0000000086/art-158/par-1 - art-159/par-2: 第百五十七条第一項第四号 → 会社法 第百五十七条第一項第四号 (Article 157, paragraph (1), item (iv)), art-157/par-1/item-4 — https://japanlaw.org/ja/companies-act/art-157/par-1/item-4 · https://japanlaw.org/l/417AC0000000086/art-157/par-1/item-4 - art-159/par-2: 前項 → 会社法 第百五十九条第一項 (Article 159, paragraph (1)), art-159/par-1 — https://japanlaw.org/ja/companies-act/art-159/par-1 · https://japanlaw.org/l/417AC0000000086/art-159/par-1 - art-159/par-2: この項 → 会社法 第百五十九条第二項 (Article 159, paragraph (2)), art-159/par-2 — https://japanlaw.org/ja/companies-act/art-159/par-2 · https://japanlaw.org/l/417AC0000000086/art-159/par-2 - art-159/par-2: 同条第一項第一号 → 会社法 第百五十七条第一項第一号 (Article 157, paragraph (1), item (i)), art-157/par-1/item-1 — https://japanlaw.org/ja/companies-act/art-157/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-157/par-1/item-1 ## Cited by 3 provisions cite this one. No official source publishes this direction. - 会社法 第百五十九条第二項（譲渡しの申込み） — https://japanlaw.org/ja/companies-act/art-159/par-2 · https://japanlaw.org/l/417AC0000000086/art-159/par-2 - 会社法 第百六十三条第一項（子会社からの株式の取得） — https://japanlaw.org/ja/companies-act/art-163/par-1 · https://japanlaw.org/l/417AC0000000086/art-163/par-1 - 会社法 第百六十五条第一項 — https://japanlaw.org/ja/companies-act/art-165/par-1 · https://japanlaw.org/l/417AC0000000086/art-165/par-1 --- ## 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