# 会社法 / Companies Act — 第百六十六条 (Article 166)

- 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: 第百六十六条 (Article 166)（取得の請求） — address `art-166`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-166
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-166
- 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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### 第百六十六条（取得の請求） — (Demand for Acquisition)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-166 · https://japanlaw.org/ja/companies-act/art-166 · https://japanlaw.org/l/417AC0000000086/art-166</sup>

        **第一項**  取得請求権付株式の株主は、株式会社に対して、当該株主の有する取得請求権付株式を取得することを請求することができる。ただし、当該取得請求権付株式を取得するのと引換えに第百七条第二項第二号ロからホまでに規定する財産を交付する場合において、これらの財産の帳簿価額が当該請求の日における第四百六十一条第二項の分配可能額を超えているときは、この限りでない。
        <sup>art-166/par-1 · https://japanlaw.org/ja/companies-act/art-166/par-1 · https://japanlaw.org/l/417AC0000000086/art-166/par-1</sup>
        Shareholders of shares with put options may demand that the stock company acquire the shares with put options held by these shareholders; provided, however, that this does not apply if, if the properties provided for in Article 107, paragraph (2), item (ii), (b) through (e) are delivered in exchange for the acquisition of relevant shares with put options, the book value of these properties exceeds the distributable amount under Article 461, paragraph (2) on the day when relevant demand is made.
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **第二項**  前項の規定による請求は、その請求に係る取得請求権付株式の数（種類株式発行会社にあっては、取得請求権付株式の種類及び種類ごとの数）を明らかにしてしなければならない。
        <sup>art-166/par-2 · https://japanlaw.org/ja/companies-act/art-166/par-2 · https://japanlaw.org/l/417AC0000000086/art-166/par-2</sup>
        The demand pursuant to the provisions of the preceding paragraph must be submitted by disclosing the number of shares with put options relating to relevant demand (or, for a company with class shares, the classes of the shares with put options and the number of shares for each class).
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **第三項**  株券発行会社の株主がその有する取得請求権付株式について第一項の規定による請求をしようとするときは、当該取得請求権付株式に係る株券を株券発行会社に提出しなければならない。ただし、当該取得請求権付株式に係る株券が発行されていない場合は、この限りでない。
        <sup>art-166/par-3 · https://japanlaw.org/ja/companies-act/art-166/par-3 · https://japanlaw.org/l/417AC0000000086/art-166/par-3</sup>
        If shareholders of a share certificate-issuing company intend to submit demand pursuant to the provisions of paragraph (1) with respect to the shares with put options held by the same, they must submit the share certificates representing the shares with put options to the share certificate-issuing company; provided, however, that this does not apply if no share certificate representing relevant shares with put options is issued.
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-166/par-1: 第百七条第二項第二号 → 会社法 第百七条第二項第二号 (Article 107, paragraph (2), item (ii)), art-107/par-2/item-2 — https://japanlaw.org/ja/companies-act/art-107/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-107/par-2/item-2
- art-166/par-1: 第四百六十一条第二項 → 会社法 第四百六十一条第二項 (Article 461, paragraph (2)), art-461/par-2 — https://japanlaw.org/ja/companies-act/art-461/par-2 · https://japanlaw.org/l/417AC0000000086/art-461/par-2
- art-166/par-2: 前項 → 会社法 第百六十六条第一項 (Article 166, paragraph (1)), art-166/par-1 — https://japanlaw.org/ja/companies-act/art-166/par-1 · https://japanlaw.org/l/417AC0000000086/art-166/par-1
- art-166/par-3: 第一項 → 会社法 第百六十六条第一項 (Article 166, paragraph (1)), art-166/par-1 — https://japanlaw.org/ja/companies-act/art-166/par-1 · https://japanlaw.org/l/417AC0000000086/art-166/par-1

## Cited by

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

- 会社法 第百五十五条第一項第四号 — https://japanlaw.org/ja/companies-act/art-155/par-1/item-4 · https://japanlaw.org/l/417AC0000000086/art-155/par-1/item-4
- 会社法 第百六十六条第二項（取得の請求） — https://japanlaw.org/ja/companies-act/art-166/par-2 · https://japanlaw.org/l/417AC0000000086/art-166/par-2
- 会社法 第百六十六条第三項（取得の請求） — https://japanlaw.org/ja/companies-act/art-166/par-3 · https://japanlaw.org/l/417AC0000000086/art-166/par-3
- 会社法 第百六十七条第一項（効力の発生） — https://japanlaw.org/ja/companies-act/art-167/par-1 · https://japanlaw.org/l/417AC0000000086/art-167/par-1
- 会社法 第百六十七条第二項（効力の発生） — https://japanlaw.org/ja/companies-act/art-167/par-2 · https://japanlaw.org/l/417AC0000000086/art-167/par-2
- 会社法 第百六十七条第三項（効力の発生） — https://japanlaw.org/ja/companies-act/art-167/par-3 · https://japanlaw.org/l/417AC0000000086/art-167/par-3
- 会社法 第九百十五条第三項第二号（変更の登記） — https://japanlaw.org/ja/companies-act/art-915/par-3/item-2 · https://japanlaw.org/l/417AC0000000086/art-915/par-3/item-2

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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
