# 会社法 / Companies Act — 第二百八十六条の二 (Article 286-2)

- 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: 第二百八十六条の二 (Article 286-2)（新株予約権に係る払込み等を仮装した新株予約権者等の責任） — address `art-286-2`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-286-2
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-286-2
- 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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### 第二百八十六条の二（新株予約権に係る払込み等を仮装した新株予約権者等の責任） — (Liabilities of Share Option Holders That Have Falsified Payment of Share Option)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-286-2 · https://japanlaw.org/ja/companies-act/art-286-2 · https://japanlaw.org/l/417AC0000000086/art-286-2</sup>

      **第一項**  新株予約権を行使した新株予約権者であって次の各号に掲げる者に該当するものは、株式会社に対し、当該各号に定める行為をする義務を負う。
      <sup>art-286-2/par-1 · https://japanlaw.org/ja/companies-act/art-286-2/par-1 · https://japanlaw.org/l/417AC0000000086/art-286-2/par-1</sup>
      A share option holder that exercises a share option and is as set forth in the following items is liable to perform the acts specified in those items to a stock company:
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **一**  第二百四十六条第一項の規定による払込み（同条第二項の規定により当該払込みに代えてする金銭以外の財産の給付を含む。）を仮装した者又は当該払込みが仮装されたことを知って、若しくは重大な過失により知らないで募集新株予約権を譲り受けた者　払込みが仮装された払込金額の全額の支払（当該払込みに代えてする金銭以外の財産の給付が仮装された場合にあっては、当該財産の給付（株式会社が当該給付に代えて当該財産の価額に相当する金銭の支払を請求した場合にあっては、当該金銭の全額の支払））
        <sup>art-286-2/par-1/item-1 · https://japanlaw.org/ja/companies-act/art-286-2/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-286-2/par-1/item-1</sup>
        a person that falsified the payment pursuant to the provisions of Article 246, paragraph (1) (including delivery of property other than money that is made in lieu of the payment pursuant to the provisions of paragraph (2) of the same Article) or a person who accepts transfer of share options for subscription and had knowledge or did not know due to having acted in bad faith or with gross negligence that the payment was falsified:payment of the entire paid amount for which the payment has been falsified (if the delivery of property other than money in lieu of the payment is falsified, the delivery of property (if a stock company demands money equivalent to the value of the property in lieu of the delivery, payment of the entire amount of the money));
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **二**  第二百八十一条第一項又は第二項後段の規定による払込みを仮装した者　払込みを仮装した金銭の全額の支払
        <sup>art-286-2/par-1/item-2 · https://japanlaw.org/ja/companies-act/art-286-2/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-286-2/par-1/item-2</sup>
        a person that falsified the payment pursuant to the provisions of Article 281, paragraph (1) or the second sentence of paragraph (2) of the same Article:payment of the entire amount of money for which payment is falsified; and
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **三**  第二百八十一条第二項前段の規定による給付を仮装した者　給付を仮装した金銭以外の財産の給付（株式会社が当該給付に代えて当該財産の価額に相当する金銭の支払を請求した場合にあっては、当該金銭の全額の支払）
        <sup>art-286-2/par-1/item-3 · https://japanlaw.org/ja/companies-act/art-286-2/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-286-2/par-1/item-3</sup>
        a person that falsified the delivery pursuant to the provisions of the first sentence of Article 281, paragraph (2):delivery of property other than money for which the delivery is falsified (if a stock company requests the payment of money equivalent to the value of the property in lieu of the delivery, the payment of the entire amount of the money).
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **第二項**  前項の規定により同項に規定する新株予約権者の負う義務は、総株主の同意がなければ、免除することができない。
      <sup>art-286-2/par-2 · https://japanlaw.org/ja/companies-act/art-286-2/par-2 · https://japanlaw.org/l/417AC0000000086/art-286-2/par-2</sup>
      The liabilities of share option holders prescribed in the preceding paragraph pursuant to the provisions of the same paragraph may not be exempted without the consent of all shareholders.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-286-2/par-1/item-1: 第二百四十六条第一項 → 会社法 第二百四十六条第一項 (Article 246, paragraph (1)), art-246/par-1 — https://japanlaw.org/ja/companies-act/art-246/par-1 · https://japanlaw.org/l/417AC0000000086/art-246/par-1
- art-286-2/par-1/item-1: 同条第二項 → 会社法 第二百四十六条第二項 (Article 246, paragraph (2)), art-246/par-2 — https://japanlaw.org/ja/companies-act/art-246/par-2 · https://japanlaw.org/l/417AC0000000086/art-246/par-2
- art-286-2/par-1/item-2: 第二百八十一条第一項 → 会社法 第二百八十一条第一項 (Article 281, paragraph (1)), art-281/par-1 — https://japanlaw.org/ja/companies-act/art-281/par-1 · https://japanlaw.org/l/417AC0000000086/art-281/par-1
- art-286-2/par-1/item-2: 第二項 → 会社法 第二百八十一条第二項 (Article 281, paragraph (2)), art-281/par-2 — https://japanlaw.org/ja/companies-act/art-281/par-2 · https://japanlaw.org/l/417AC0000000086/art-281/par-2
- art-286-2/par-1/item-3: 第二百八十一条第二項 → 会社法 第二百八十一条第二項 (Article 281, paragraph (2)), art-281/par-2 — https://japanlaw.org/ja/companies-act/art-281/par-2 · https://japanlaw.org/l/417AC0000000086/art-281/par-2
- art-286-2/par-2: 前項 → 会社法 第二百八十六条の二第一項 (Article 286-2, paragraph (1)), art-286-2/par-1 — https://japanlaw.org/ja/companies-act/art-286-2/par-1 · https://japanlaw.org/l/417AC0000000086/art-286-2/par-1

## Cited by

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

- 会社法 第二百八十二条第二項（株主となる時期等） — https://japanlaw.org/ja/companies-act/art-282/par-2 · https://japanlaw.org/l/417AC0000000086/art-282/par-2
- 会社法 第二百八十六条の二第二項（新株予約権に係る払込み等を仮装した新株予約権者等の責任） — https://japanlaw.org/ja/companies-act/art-286-2/par-2 · https://japanlaw.org/l/417AC0000000086/art-286-2/par-2
- 会社法 第二百八十六条の三第一項（新株予約権に係る払込み等を仮装した場合の取締役等の責任） — https://japanlaw.org/ja/companies-act/art-286-3/par-1 · https://japanlaw.org/l/417AC0000000086/art-286-3/par-1
- 会社法 第二百八十六条の三第二項（新株予約権に係る払込み等を仮装した場合の取締役等の責任） — https://japanlaw.org/ja/companies-act/art-286-3/par-2 · https://japanlaw.org/l/417AC0000000086/art-286-3/par-2
- 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九項（旧株主による責任追及等の訴え） — https://japanlaw.org/ja/companies-act/art-847-2/par-9 · https://japanlaw.org/l/417AC0000000086/art-847-2/par-9
- 会社法 第八百五十条第四項 — https://japanlaw.org/ja/companies-act/art-850/par-4 · https://japanlaw.org/l/417AC0000000086/art-850/par-4
- 会社法 附則第十三条第一項（新株予約権に関する経過措置） — https://japanlaw.org/ja/companies-act/suppl-4261-90/art-13/par-1 · https://japanlaw.org/l/417AC0000000086/suppl-4261-90/art-13/par-1
- 会社法 附則第十三条第二項（新株予約権に関する経過措置） — https://japanlaw.org/ja/companies-act/suppl-4261-90/art-13/par-2 · https://japanlaw.org/l/417AC0000000086/suppl-4261-90/art-13/par-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
