# 会社法 / Companies Act — 第二百十二条 (Article 212) - 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: 第二百十二条 (Article 212)（不公正な払込金額で株式を引き受けた者等の責任） — address `art-212` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-212 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-212 - 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. --- ### 第二百十二条（不公正な払込金額で株式を引き受けた者等の責任） — (Liabilities of Persons Who Subscribed for Shares with Unfair Amount to Be Paid in) caption: Ministry of Justice translation — Japanese Law Translation Database System art-212 · https://japanlaw.org/ja/companies-act/art-212 · https://japanlaw.org/l/417AC0000000086/art-212 **第一項** 募集株式の引受人は、次の各号に掲げる場合には、株式会社に対し、当該各号に定める額を支払う義務を負う。 art-212/par-1 · https://japanlaw.org/ja/companies-act/art-212/par-1 · https://japanlaw.org/l/417AC0000000086/art-212/par-1 In the cases set forth in the following items, subscribers for shares for subscription are liable to a stock company for payment of the amount provided for in relevant items: Ministry of Justice translation — Japanese Law Translation Database System **一** 取締役（指名委員会等設置会社にあっては、取締役又は執行役）と通じて著しく不公正な払込金額で募集株式を引き受けた場合　当該払込金額と当該募集株式の公正な価額との差額に相当する金額 art-212/par-1/item-1 · https://japanlaw.org/ja/companies-act/art-212/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-212/par-1/item-1 if the subscriber subscribed for the shares for subscription at an amount to be paid in that is extremely unfair, in collusion with directors (or directors or executive officers for a company with nominating committee, etc.):the amount equivalent to the difference between the amount to be paid in and the fair value of the shares for subscription; Ministry of Justice translation — Japanese Law Translation Database System **二** 第二百九条第一項の規定により募集株式の株主となった時におけるその給付した現物出資財産の価額がこれについて定められた第百九十九条第一項第三号の価額に著しく不足する場合　当該不足額 art-212/par-1/item-2 · https://japanlaw.org/ja/companies-act/art-212/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-212/par-1/item-2 if the value of the property contributed in kind that the subscriber tendered when the subscriber became a shareholder of the shares for subscription pursuant to the provisions of Article 209, paragraph (1) is extremely short of the value provided for under Article 199, paragraph (1), item (iii) with respect to the property contributed in kind:the amount of relevant shortfall. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項第二号に掲げる場合において、現物出資財産を給付した募集株式の引受人が当該現物出資財産の価額がこれについて定められた第百九十九条第一項第三号の価額に著しく不足することにつき善意でかつ重大な過失がないときは、募集株式の引受けの申込み又は第二百五条第一項の契約に係る意思表示を取り消すことができる。 art-212/par-2 · https://japanlaw.org/ja/companies-act/art-212/par-2 · https://japanlaw.org/l/417AC0000000086/art-212/par-2 In the cases provided for in item (ii) of the preceding paragraph, if the subscriber for shares for subscription who tendered the property contributed in kind has acted in good faith and without gross negligence as to the fact that the value of the property contributed in kind is extremely short of the value prescribed under Article 199, paragraph (1), item (iii) with respect to the property contributed in kind, the relevant subscriber may rescind the manifestation of intention relating to applications for subscription for shares for subscription or relating to the contract provided for in Article 205, paragraph (1). Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-212/par-1/item-2: 第二百九条第一項 → 会社法 第二百九条第一項 (Article 209, paragraph (1)), art-209/par-1 — https://japanlaw.org/ja/companies-act/art-209/par-1 · https://japanlaw.org/l/417AC0000000086/art-209/par-1 - art-212/par-1/item-2: 第百九十九条第一項第三号 → 会社法 第百九十九条第一項第三号 (Article 199, paragraph (1), item (iii)), art-199/par-1/item-3 — https://japanlaw.org/ja/companies-act/art-199/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-199/par-1/item-3 - art-212/par-2: 前項第二号 → 会社法 第二百十二条第一項第二号 (Article 212, paragraph (1), item (ii)), art-212/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-212/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-212/par-1/item-2 - art-212/par-2: 第百九十九条第一項第三号 → 会社法 第百九十九条第一項第三号 (Article 199, paragraph (1), item (iii)), art-199/par-1/item-3 — https://japanlaw.org/ja/companies-act/art-199/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-199/par-1/item-3 - art-212/par-2: 第二百五条第一項 → 会社法 第二百五条第一項 (Article 205, paragraph (1)), art-205/par-1 — https://japanlaw.org/ja/companies-act/art-205/par-1 · https://japanlaw.org/l/417AC0000000086/art-205/par-1 ## Cited by 6 provisions cite this one. No official source publishes this direction. - 会社法 第二百十二条第二項（不公正な払込金額で株式を引き受けた者等の責任） — https://japanlaw.org/ja/companies-act/art-212/par-2 · https://japanlaw.org/l/417AC0000000086/art-212/par-2 - 会社法 第二百十三条第一項（出資された財産等の価額が不足する場合の取締役等の責任） — https://japanlaw.org/ja/companies-act/art-213/par-1 · https://japanlaw.org/l/417AC0000000086/art-213/par-1 - 会社法 第二百十三条第三項（出資された財産等の価額が不足する場合の取締役等の責任） — https://japanlaw.org/ja/companies-act/art-213/par-3 · https://japanlaw.org/l/417AC0000000086/art-213/par-3 - 会社法 第二百十三条第四項（出資された財産等の価額が不足する場合の取締役等の責任） — https://japanlaw.org/ja/companies-act/art-213/par-4 · https://japanlaw.org/l/417AC0000000086/art-213/par-4 - 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 - 金融商品取引法 第百一条の十六第三項（金銭以外の財産の出資等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-101-16/par-3 · https://japanlaw.org/l/323AC0000000025/art-101-16/par-3 --- ## 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