Consolidation of shares - Kabushiki no Heigo

Japanese: 株式の併合 - かぶしきのへいごう
Consolidation of shares - Kabushiki no Heigo

...Also, as described below, the net asset value per share or unit after the stock split must be 50,000 yen or more.
[Consolidation of shares]
Shares can be consolidated. A consolidation is the process of combining several shares into a smaller number of shares.

From [Capital Reduction]

...Looking specifically at the case of a joint-stock company, capital reduction requires a special resolution of the general shareholders' meeting (Commercial Code, Article 375, Paragraph 1), and this resolution also specifies the method of reduction (Article 376, Paragraph 1). Reduction methods include reducing the stock price and reducing the number of shares, the latter of which can be achieved by canceling the shares or by consolidating the shares. Furthermore, there are two methods for canceling shares: voluntary cancellation, in which the company acquires the shares through a contract with the shareholders, and compulsory cancellation, which is usually carried out equally in proportion to the number of shares held, regardless of the shareholders' wishes.

*Some of the terminology used in relation to "stock consolidation" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…また,後述するように,株式分割後の1株または1単位当りの純資産額は5万円以上でなければならない。
[株式の併合]
 株式は併合することができる。株式併合とは,数個の株式を合わせてそれよりも少数の株式にすることである。…

【減資】より

…株式会社についてこれを具体的にみると,減資は株主総会の特別決議を要するものとし(商法375条1項),この決議では減少の方法についても定めるものとしている(376条1項)。減少の方法としては,株金額を減少させる方法と株式数を減少させる方法があり,後者には,株式の消却による方法と株式の併合による方法がある。さらに株式の消却の方法には,会社が株主との契約により株式を取得して行う任意消却と,通常は持株数に比例して平等に,株主の意思に関係なく行う強制消却の方法がある。…

※「株式の併合」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

<<:  Cross-holding of shares

>>:  Stock split - Kabushiki no Bunkatsu

Recommend

Hausbuchmeister - Hausbuchmeister

A printmaker and painter active in the Middle Rhin...

Hiroyoshi Yoshikawa

1621-1679 A samurai from the early Edo period. Bo...

Plane - Plane

A type of woodworking machine used to finish sawe...

Sabino de Arana Goiri

1865‐1903 Founder of the Basque regionalist moveme...

Dick, GA

…Metal extrusion was first carried out in 1797 us...

Owada no Tomari - Owada no Tomari

An ancient port located within the current Kobe P...

The Battle of Leyte

A war literary work by Ooka Shohei. It was seriali...

Onibuki - Onibuki

... G . chilensis Lam. is a large species native ...

Japan-Soviet Neutrality Pact

Neutrality Pact between Japan and the former Sovi...

Intsuji Temple

...The southern part is a hilly plateau that is u...

Ceratium (hornweed) - Ceratium (English spelling)

A flagellate organism in the family Dinoflagellate...

Izu Peninsula

A peninsula jutting out into the Pacific Ocean in...

Ogieroyuu

Head of the Ogie-bushi school, which branched off ...

Candide (English spelling)

A philosophical novel by the French thinker and wr...

Yutaka Ito

Year of death: January 16, 1914 Year of birth: Tem...