# 会社法 / Companies Act — 第四百六十八条 (Article 468)

- 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: 第四百六十八条 (Article 468)（事業譲渡等の承認を要しない場合） — address `art-468`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-468
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-468
- 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.

---

### 第四百六十八条（事業譲渡等の承認を要しない場合） — (Cases Where Approval of Business Transfer Is Not Required)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-468 · https://japanlaw.org/ja/companies-act/art-468 · https://japanlaw.org/l/417AC0000000086/art-468</sup>

  **第一項**  前条の規定は、同条第一項第一号から第四号までに掲げる行為（以下この章において「事業譲渡等」という。）に係る契約の相手方が当該事業譲渡等をする株式会社の特別支配会社（ある株式会社の総株主の議決権の十分の九（これを上回る割合を当該株式会社の定款で定めた場合にあっては、その割合）以上を他の会社及び当該他の会社が発行済株式の全部を有する株式会社その他これに準ずるものとして法務省令で定める法人が有している場合における当該他の会社をいう。以下同じ。）である場合には、適用しない。
  <sup>art-468/par-1 · https://japanlaw.org/ja/companies-act/art-468/par-1 · https://japanlaw.org/l/417AC0000000086/art-468/par-1</sup>
  The provisions of the preceding Article do not apply if other party to the contracts relating to the acts set forth in paragraph (1), items (i) through (iv) of that Article (hereinafter in this Chapter referred to as " business transfer, etc.") is the special controlling company (meaning the relevant other company if nine tenths (or, if any proportion higher than that is provided for in the articles of incorporation, the proportion) or more of the voting rights of all shareholders of a stock company are held by other company, and by stock companies all of the issued shares in which are held by relevant other company and other corporations prescribed by Ministry of Justice Order as entities equivalent to the above; the same applies hereinafter) of the stock company that effects relevant business transfer, etc.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第二項**  前条の規定は、同条第一項第三号に掲げる行為をする場合において、第一号に掲げる額の第二号に掲げる額に対する割合が五分の一（これを下回る割合を定款で定めた場合にあっては、その割合）を超えないときは、適用しない。
  <sup>art-468/par-2 · https://japanlaw.org/ja/companies-act/art-468/par-2 · https://japanlaw.org/l/417AC0000000086/art-468/par-2</sup>
  The provisions of the preceding Article do not apply if the act set forth in paragraph (1), item (iii) of that Article is carried out, and the proportion of the amount set forth in item (i) to the amount set forth in item (ii) does not exceed one fifth (or, if any lower proportion is provided for in the articles of incorporation, relevant proportion):
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **一**  当該他の会社の事業の全部の対価として交付する財産の帳簿価額の合計額
    <sup>art-468/par-2/item-1 · https://japanlaw.org/ja/companies-act/art-468/par-2/item-1 · https://japanlaw.org/l/417AC0000000086/art-468/par-2/item-1</sup>
    the total book value of the assets that are issued as the consideration for all business of relevant other company;
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **二**  当該株式会社の純資産額として法務省令で定める方法により算定される額
    <sup>art-468/par-2/item-2 · https://japanlaw.org/ja/companies-act/art-468/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-468/par-2/item-2</sup>
    the amount calculated by the method prescribed by Ministry of Justice Order as the amount of the net assets of relevant stock company.
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第三項**  前項に規定する場合において、法務省令で定める数の株式（前条第一項の株主総会において議決権を行使することができるものに限る。）を有する株主が次条第三項の規定による通知又は同条第四項の公告の日から二週間以内に前条第一項第三号に掲げる行為に反対する旨を当該行為をする株式会社に対し通知したときは、当該株式会社は、効力発生日の前日までに、株主総会の決議によって、当該行為に係る契約の承認を受けなければならない。
  <sup>art-468/par-3 · https://japanlaw.org/ja/companies-act/art-468/par-3 · https://japanlaw.org/l/417AC0000000086/art-468/par-3</sup>
  In the cases provided for in the preceding paragraph, if shareholders that hold the shares (limited to those that entitle the shareholders to exercise voting rights at a shareholders meeting under paragraph (1) of the preceding Article) in the number prescribed by Ministry of Justice Order notify the stock company that carries out the act set forth in paragraph (1), item (iii) of the preceding Article to the effect that relevant shareholders dissent from relevant act, within two weeks from the day of the notice under the provisions of paragraph (3) of the following Article or the public notice under paragraph (4) of that Article, relevant stock company must obtain the approval of the contract relating to relevant act by a resolution at a shareholders meeting no later than the day immediately preceding the effective day.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

---

## Cites
- art-468/par-1: 前条 → 会社法 第四百六十七条 (Article 467), art-467 — https://japanlaw.org/ja/companies-act/art-467 · https://japanlaw.org/l/417AC0000000086/art-467
- art-468/par-1: 同条第一項第一号から第四号まで → 会社法 第四百六十七条第一項第一号 (Article 467, paragraph (1), item (i)), art-467/par-1/item-1 — https://japanlaw.org/ja/companies-act/art-467/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-1
- art-468/par-1: 同条第一項第一号から第四号まで → 会社法 第四百六十七条第一項第二号 (Article 467, paragraph (1), item (ii)), art-467/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-467/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-2
- art-468/par-1: 同条第一項第一号から第四号まで → 会社法 第四百六十七条第一項第二号の二 (Article 467, paragraph (1), item (ii-2)), art-467/par-1/item-2-2 — https://japanlaw.org/ja/companies-act/art-467/par-1/item-2-2 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-2-2
- art-468/par-1: 同条第一項第一号から第四号まで → 会社法 第四百六十七条第一項第三号 (Article 467, paragraph (1), item (iii)), art-467/par-1/item-3 — https://japanlaw.org/ja/companies-act/art-467/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-3
- art-468/par-1: 同条第一項第一号から第四号まで → 会社法 第四百六十七条第一項第四号 (Article 467, paragraph (1), item (iv)), art-467/par-1/item-4 — https://japanlaw.org/ja/companies-act/art-467/par-1/item-4 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-4
- art-468/par-2: 前条 → 会社法 第四百六十七条 (Article 467), art-467 — https://japanlaw.org/ja/companies-act/art-467 · https://japanlaw.org/l/417AC0000000086/art-467
- art-468/par-2: 同条第一項第三号 → 会社法 第四百六十七条第一項第三号 (Article 467, paragraph (1), item (iii)), art-467/par-1/item-3 — https://japanlaw.org/ja/companies-act/art-467/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-3
- art-468/par-2: 第一号 → 会社法 第四百六十七条第一項第一号 (Article 467, paragraph (1), item (i)), art-467/par-1/item-1 — https://japanlaw.org/ja/companies-act/art-467/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-1
- art-468/par-2: 第二号 → 会社法 第四百六十七条第一項第二号 (Article 467, paragraph (1), item (ii)), art-467/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-467/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-2
- art-468/par-3: 前項 → 会社法 第四百六十八条第二項 (Article 468, paragraph (2)), art-468/par-2 — https://japanlaw.org/ja/companies-act/art-468/par-2 · https://japanlaw.org/l/417AC0000000086/art-468/par-2
- art-468/par-3: 前条第一項 → 会社法 第四百六十七条第一項 (Article 467, paragraph (1)), art-467/par-1 — https://japanlaw.org/ja/companies-act/art-467/par-1 · https://japanlaw.org/l/417AC0000000086/art-467/par-1
- art-468/par-3: 次条第三項 → 会社法 第四百六十九条第三項 (Article 469, paragraph (3)), art-469/par-3 — https://japanlaw.org/ja/companies-act/art-469/par-3 · https://japanlaw.org/l/417AC0000000086/art-469/par-3
- art-468/par-3: 同条第四項 → 会社法 第四百六十九条第四項 (Article 469, paragraph (4)), art-469/par-4 — https://japanlaw.org/ja/companies-act/art-469/par-4 · https://japanlaw.org/l/417AC0000000086/art-469/par-4
- art-468/par-3: 前条第一項第三号 → 会社法 第四百六十七条第一項第三号 (Article 467, paragraph (1), item (iii)), art-467/par-1/item-3 — https://japanlaw.org/ja/companies-act/art-467/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-3

## Cited by

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

- 会社法 第四百六十七条第一項第三号（事業譲渡等の承認等） — https://japanlaw.org/ja/companies-act/art-467/par-1/item-3 · https://japanlaw.org/l/417AC0000000086/art-467/par-1/item-3
- 会社法 第四百六十八条第三項（事業譲渡等の承認を要しない場合） — https://japanlaw.org/ja/companies-act/art-468/par-3 · https://japanlaw.org/l/417AC0000000086/art-468/par-3
- 会社法 第四百六十九条第一項第二号（反対株主の株式買取請求） — https://japanlaw.org/ja/companies-act/art-469/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-469/par-1/item-2
- 会社法 第四百六十九条第二項第二号（反対株主の株式買取請求） — https://japanlaw.org/ja/companies-act/art-469/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-469/par-2/item-2
- 会社法 第四百六十九条第三項（反対株主の株式買取請求） — https://japanlaw.org/ja/companies-act/art-469/par-3 · https://japanlaw.org/l/417AC0000000086/art-469/par-3
- 銀行法 第三十四条第一項（事業の譲渡又は譲受けの場合の債権者の異議の催告等） — https://japanlaw.org/ja/banking-act/art-34/par-1 · https://japanlaw.org/l/356AC0000000059/art-34/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 211 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17
