Forced Destruction - Kyoseishoukyaku

Japanese: 強制消却 - きょうせいしょうきゃく
Forced Destruction - Kyoseishoukyaku
The term "shareholder cancellation" refers to the process by which a company unilaterally cancels certain issued shares through a lottery, proportional allocation, or other means, regardless of the shareholders' wishes. This is the opposite of voluntary cancellation.

Source: The Selected Edition of the Japanese Language Dictionary About the Selected Edition of the Japanese Language Dictionary Information

Japanese:
〘名〙 株主の意思にかかわりなく、抽選、比例配分などの方法によって、会社が一方的に特定の発行済株式を消滅させること。任意消却に対するもの。

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