# 会社法 / Companies Act — 第五十二条 (Article 52) - 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: 第五十二条 (Article 52)（出資された財産等の価額が不足する場合の責任） — address `art-52` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-52 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-52 - 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. --- ### 第五十二条（出資された財産等の価額が不足する場合の責任） — (Liability for Insufficiency of Value of Properties Contributed) caption: Ministry of Justice translation — Japanese Law Translation Database System art-52 · https://japanlaw.org/ja/companies-act/art-52 · https://japanlaw.org/l/417AC0000000086/art-52 **第一項** 株式会社の成立の時における現物出資財産等の価額が当該現物出資財産等について定款に記載され、又は記録された価額（定款の変更があった場合にあっては、変更後の価額）に著しく不足するときは、発起人及び設立時取締役は、当該株式会社に対し、連帯して、当該不足額を支払う義務を負う。 art-52/par-1 · https://japanlaw.org/ja/companies-act/art-52/par-1 · https://japanlaw.org/l/417AC0000000086/art-52/par-1 If the value of the property contributed in kind at formation of a stock company is substantially short of the value specified or recorded in the articles of incorporation with respect to relevant property contributed in kind (or if there is any amendment of the articles of incorporation, the value so amended), the incorporators and directors at incorporation are jointly and severally liable to relevant stock company for the payment of the amount of relevant shortfall. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定にかかわらず、次に掲げる場合には、発起人（第二十八条第一号の財産を給付した者又は同条第二号の財産の譲渡人を除く。第二号において同じ。）及び設立時取締役は、現物出資財産等について同項の義務を負わない。 art-52/par-2 · https://japanlaw.org/ja/companies-act/art-52/par-2 · https://japanlaw.org/l/417AC0000000086/art-52/par-2 Notwithstanding the provisions of the preceding paragraph, the incorporators (excluding those who contributed in kind under Article 28, item (i) or the transferor of the property under item (ii) of the same Article; the same applies in item (ii)) and directors at incorporation are not held liable in accordance with that paragraph with respect to the property contributed in kind in the following cases: Ministry of Justice translation — Japanese Law Translation Database System **一** 第二十八条第一号又は第二号に掲げる事項について第三十三条第二項の検査役の調査を経た場合 art-52/par-2/item-1 · https://japanlaw.org/ja/companies-act/art-52/par-2/item-1 · https://japanlaw.org/l/417AC0000000086/art-52/par-2/item-1 where the investigation by the inspector under Article 33, paragraph (2) has been carried out with respect to the matters set forth in Article 28, item (i) or item (ii); or Ministry of Justice translation — Japanese Law Translation Database System **二** 当該発起人又は設立時取締役がその職務を行うについて注意を怠らなかったことを証明した場合 art-52/par-2/item-2 · https://japanlaw.org/ja/companies-act/art-52/par-2/item-2 · https://japanlaw.org/l/417AC0000000086/art-52/par-2/item-2 where relevant incorporators or directors at incorporation prove that they did not fail to exercise due care with respect to the performance of their duties. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 第一項に規定する場合には、第三十三条第十項第三号に規定する証明をした者（以下この項において「証明者」という。）は、第一項の義務を負う者と連帯して、同項の不足額を支払う義務を負う。ただし、当該証明者が当該証明をするについて注意を怠らなかったことを証明した場合は、この限りでない。 art-52/par-3 · https://japanlaw.org/ja/companies-act/art-52/par-3 · https://japanlaw.org/l/417AC0000000086/art-52/par-3 In the cases set forth in paragraph (1), the person who carried out the verification provided for in Article 33, paragraph (10), item (iii) (hereinafter in this paragraph referred to as "verifying person") is jointly and severally liable with the person who assumes the liability under paragraph (1) for the payment of the amount of the shortfall under that paragraph; provided, however, that this does not apply if relevant verifying person prove that the verifying person did not fail to exercise due care with respect to the carrying out relevant verification. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-52/par-2: 前項 → 会社法 第五十二条第一項 (Article 52, paragraph (1)), art-52/par-1 — https://japanlaw.org/ja/companies-act/art-52/par-1 · https://japanlaw.org/l/417AC0000000086/art-52/par-1 - art-52/par-2: 第二十八条第一号 → 会社法 第二十八条第一項第一号 (Article 28, paragraph (1), item (i)), art-28/par-1/item-1 — https://japanlaw.org/ja/companies-act/art-28/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-28/par-1/item-1 - art-52/par-2: 同条第二号 → 会社法 第二十八条第一項第二号 (Article 28, paragraph (1), item (ii)), art-28/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-28/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-28/par-1/item-2 - art-52/par-2/item-1: 第二十八条第一号 → 会社法 第二十八条第一項第一号 (Article 28, paragraph (1), item (i)), art-28/par-1/item-1 — https://japanlaw.org/ja/companies-act/art-28/par-1/item-1 · https://japanlaw.org/l/417AC0000000086/art-28/par-1/item-1 - art-52/par-2/item-1: 第二号 → 会社法 第二十八条第一項第二号 (Article 28, paragraph (1), item (ii)), art-28/par-1/item-2 — https://japanlaw.org/ja/companies-act/art-28/par-1/item-2 · https://japanlaw.org/l/417AC0000000086/art-28/par-1/item-2 - art-52/par-2/item-1: 第三十三条第二項 → 会社法 第三十三条第二項 (Article 33, paragraph (2)), art-33/par-2 — https://japanlaw.org/ja/companies-act/art-33/par-2 · https://japanlaw.org/l/417AC0000000086/art-33/par-2 - art-52/par-3: 第一項 → 会社法 第五十二条第一項 (Article 52, paragraph (1)), art-52/par-1 — https://japanlaw.org/ja/companies-act/art-52/par-1 · https://japanlaw.org/l/417AC0000000086/art-52/par-1 - art-52/par-3: 第三十三条第十項第三号 → 会社法 第三十三条第十項第三号 (Article 33, paragraph (10), item (iii)), art-33/par-10/item-3 — https://japanlaw.org/ja/companies-act/art-33/par-10/item-3 · https://japanlaw.org/l/417AC0000000086/art-33/par-10/item-3 - art-52/par-3: この項 → 会社法 第五十二条第三項 (Article 52, paragraph (3)), art-52/par-3 — https://japanlaw.org/ja/companies-act/art-52/par-3 · https://japanlaw.org/l/417AC0000000086/art-52/par-3 ## Cited by 4 provisions cite this one. No official source publishes this direction. - 会社法 第五十二条第二項（出資された財産等の価額が不足する場合の責任） — https://japanlaw.org/ja/companies-act/art-52/par-2 · https://japanlaw.org/l/417AC0000000086/art-52/par-2 - 会社法 第五十二条第三項（出資された財産等の価額が不足する場合の責任） — https://japanlaw.org/ja/companies-act/art-52/par-3 · https://japanlaw.org/l/417AC0000000086/art-52/par-3 - 会社法 第五十五条第一項（責任の免除） — https://japanlaw.org/ja/companies-act/art-55/par-1 · https://japanlaw.org/l/417AC0000000086/art-55/par-1 - 会社法 第百三条第一項（発起人の責任等） — https://japanlaw.org/ja/companies-act/art-103/par-1 · https://japanlaw.org/l/417AC0000000086/art-103/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