# 会社法 / Companies Act — 第百八十九条 (Article 189) - 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: 第百八十九条 (Article 189)（単元未満株式についての権利の制限等） — address `art-189` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-189 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-189 - 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. --- ### 第百八十九条（単元未満株式についての権利の制限等） — (Restriction on Rights in Relation to Shareholdings Less than One Unit) caption: Ministry of Justice translation — Japanese Law Translation Database System art-189 · https://japanlaw.org/ja/companies-act/art-189 · https://japanlaw.org/l/417AC0000000086/art-189 **第一項** 単元株式数に満たない数の株式（以下「単元未満株式」という。）を有する株主（以下「単元未満株主」という。）は、その有する単元未満株式について、株主総会及び種類株主総会において議決権を行使することができない。 art-189/par-1 · https://japanlaw.org/ja/companies-act/art-189/par-1 · https://japanlaw.org/l/417AC0000000086/art-189/par-1 Shareholders who hold shares in a number less than one share unit (hereinafter referred to respectively as "holder of shares less than one unit" and "shares less than one unit") may not exercise voting right at a shareholders meeting or general meeting of class shareholders with respect to their shares less than one unit. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 株式会社は、単元未満株主が当該単元未満株式について次に掲げる権利以外の権利の全部又は一部を行使することができない旨を定款で定めることができる。 art-189/par-2 · https://japanlaw.org/ja/companies-act/art-189/par-2 · https://japanlaw.org/l/417AC0000000086/art-189/par-2 A stock company may provide in the articles of incorporation to the effect that holders of shares less than one unit may not exercise some or all rights, other than the following rights, with respect to the relevant shares less than one unit: Ministry of Justice translation — Japanese Law Translation Database System **一** 第百七十一条第一項第一号に規定する取得対価の交付を受ける権利 art-189/par-2/item-1 · https://japanlaw.org/ja/companies-act/art-189/par-2/item-1 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-1 the right to take delivery of the consideration for acquisition provided for in Article 171, paragraph (1), item (i); Ministry of Justice translation — Japanese Law Translation Database System **二** 株式会社による取得条項付株式の取得と引換えに金銭等の交付を受ける権利 art-189/par-2/item-2 · https://japanlaw.org/ja/companies-act/art-189/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-2 the right to take delivery of monies, etc. in exchange for the acquisition by the stock company of shares subject to call; Ministry of Justice translation — Japanese Law Translation Database System **三** 第百八十五条に規定する株式無償割当てを受ける権利 art-189/par-2/item-3 · https://japanlaw.org/ja/companies-act/art-189/par-2/item-3 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-3 the right to receive the allotment of shares without contribution provided for in Article 185; Ministry of Justice translation — Japanese Law Translation Database System **四** 第百九十二条第一項の規定により単元未満株式を買い取ることを請求する権利 art-189/par-2/item-4 · https://japanlaw.org/ja/companies-act/art-189/par-2/item-4 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-4 the right to demand the purchase of the shares less than one unit pursuant to the provisions of Article 192, paragraph (1); Ministry of Justice translation — Japanese Law Translation Database System **五** 残余財産の分配を受ける権利 art-189/par-2/item-5 · https://japanlaw.org/ja/companies-act/art-189/par-2/item-5 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-5 the right to receive the distribution of residual assets; Ministry of Justice translation — Japanese Law Translation Database System **六** 前各号に掲げるもののほか、法務省令で定める権利 art-189/par-2/item-6 · https://japanlaw.org/ja/companies-act/art-189/par-2/item-6 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-6 beyond what is set forth in the preceding items, any matters prescribed by Ministry of Justice Order. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 株券発行会社は、単元未満株式に係る株券を発行しないことができる旨を定款で定めることができる。 art-189/par-3 · https://japanlaw.org/ja/companies-act/art-189/par-3 · https://japanlaw.org/l/417AC0000000086/art-189/par-3 A share certificate-issuing company may provide in the articles of incorporation to the effect that it may elect to not issue share certificates representing shares less than one unit. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-189/par-2/item-1: 第百七十一条第一項第一号 → 会社法 第百七十一条第一項第一号 (Article 171, paragraph (1), item (i)), art-171/par-1/item-1 — https://japanlaw.org/ja/companies-act/art-171/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-171/par-1/item-1 - art-189/par-2/item-3: 第百八十五条 → 会社法 第百八十五条 (Article 185), art-185 — https://japanlaw.org/ja/companies-act/art-185 · https://japanlaw.org/l/417AC0000000086/art-185 - art-189/par-2/item-4: 第百九十二条第一項 → 会社法 第百九十二条第一項 (Article 192, paragraph (1)), art-192/par-1 — https://japanlaw.org/ja/companies-act/art-192/par-1 · https://japanlaw.org/l/417AC0000000086/art-192/par-1 - art-189/par-2/item-6: 前各号 → 会社法 第百八十九条第二項第一号 (Article 189, paragraph (2), item (i)), art-189/par-2/item-1 — https://japanlaw.org/ja/companies-act/art-189/par-2/item-1 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-1 - art-189/par-2/item-6: 前各号 → 会社法 第百八十九条第二項第二号 (Article 189, paragraph (2), item (ii)), art-189/par-2/item-2 — https://japanlaw.org/ja/companies-act/art-189/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-2 - art-189/par-2/item-6: 前各号 → 会社法 第百八十九条第二項第三号 (Article 189, paragraph (2), item (iii)), art-189/par-2/item-3 — https://japanlaw.org/ja/companies-act/art-189/par-2/item-3 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-3 - art-189/par-2/item-6: 前各号 → 会社法 第百八十九条第二項第四号 (Article 189, paragraph (2), item (iv)), art-189/par-2/item-4 — https://japanlaw.org/ja/companies-act/art-189/par-2/item-4 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-4 - art-189/par-2/item-6: 前各号 → 会社法 第百八十九条第二項第五号 (Article 189, paragraph (2), item (v)), art-189/par-2/item-5 — https://japanlaw.org/ja/companies-act/art-189/par-2/item-5 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-5 ## Cited by 4 provisions cite this one. No official source publishes this direction. - 会社法 第百八十九条第二項第六号（単元未満株式についての権利の制限等） — https://japanlaw.org/ja/companies-act/art-189/par-2/item-6 · https://japanlaw.org/l/417AC0000000086/art-189/par-2/item-6 - 会社法 第八百四十七条第一項（株主による責任追及等の訴え） — https://japanlaw.org/ja/companies-act/art-847/par-1 · https://japanlaw.org/l/417AC0000000086/art-847/par-1 - 会社法 第八百四十七条の二第一項（旧株主による責任追及等の訴え） — https://japanlaw.org/ja/companies-act/art-847-2/par-1 · https://japanlaw.org/l/417AC0000000086/art-847-2/par-1 - 法人税法 附則第一条第一項第四号ロ（施行期日） — https://japanlaw.org/ja/corporation-tax-act/suppl-4181-10/art-1/par-1/item-4/sub-2 · https://japanlaw.org/l/340AC0000000034/suppl-4181-10/art-1/par-1/item-4/sub-2 --- ## 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