# 会社法 / Companies Act — 第七百二十三条 (Article 723)

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- 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: 第七百二十三条 (Article 723)（議決権の額等） — address `art-723`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/companies-act/art-723
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/417AC0000000086/art-723
- 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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### 第七百二十三条（議決権の額等） — (Amount of Voting Rights)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-723 · https://japanlaw.org/ja/companies-act/art-723 · https://japanlaw.org/l/417AC0000000086/art-723</sup>

  **第一項**  社債権者は、社債権者集会において、その有する当該種類の社債の金額の合計額（償還済みの額を除く。）に応じて、議決権を有する。
  <sup>art-723/par-1 · https://japanlaw.org/ja/companies-act/art-723/par-1 · https://japanlaw.org/l/417AC0000000086/art-723/par-1</sup>
  Bondholders have voting rights at bondholders meetings in proportion to the total amounts of bonds of the relevant classes they hold (excluding amounts already redeemed).
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第二項**  前項の規定にかかわらず、社債発行会社は、その有する自己の社債については、議決権を有しない。
  <sup>art-723/par-2 · https://japanlaw.org/ja/companies-act/art-723/par-2 · https://japanlaw.org/l/417AC0000000086/art-723/par-2</sup>
  Notwithstanding the provisions of the preceding paragraph, a bond-issuing company does not have voting rights with respect to its own bonds that it holds.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第三項**  議決権を行使しようとする無記名社債の社債権者は、社債権者集会の日の一週間前までに、その社債券を招集者に提示しなければならない。
  <sup>art-723/par-3 · https://japanlaw.org/ja/companies-act/art-723/par-3 · https://japanlaw.org/l/417AC0000000086/art-723/par-3</sup>
  Holders of bearer bonds who intend to exercise voting rights must present their bond certificates to the convener no later than one week prior to the day of a bondholders meeting.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-723/par-2: 前項 → 会社法 第七百二十三条第一項 (Article 723, paragraph (1)), art-723/par-1 — https://japanlaw.org/ja/companies-act/art-723/par-1 · https://japanlaw.org/l/417AC0000000086/art-723/par-1

## Cited by

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

- 会社法 第七百二十三条第二項（議決権の額等） — https://japanlaw.org/ja/companies-act/art-723/par-2 · https://japanlaw.org/l/417AC0000000086/art-723/par-2
- 医療法 第五十四条の七第一項 — https://japanlaw.org/ja/medical-care-act/art-54-7/par-1 · https://japanlaw.org/l/323AC0000000205/art-54-7/par-1

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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 223 — 会社法 — structure, counts, cross-references and defined terms, computed 2026-09-17
