Record Date Article 124 A Stock Company may, by prescribing a certain date (hereinafter in this Chapter referred to as a "Record Date"), prescribe the shareholders that have been entered or recorded in the shareholder register as of the Record Date (hereinafter in this Article referred to as "Shareholders as of the Record Date") as the persons that may exercise their rights.
In cases where a Record Date is to be established, the Stock Company must prescribe the content of the rights which the Shareholders on the Record Date may exercise (limited to those which are exercised within three months from the Record Date).
If a Stock Company has prescribed a Record Date, it must give public notice of such Record Date and the matters prescribed pursuant to the provisions of the preceding paragraph no later than two weeks prior to such Record Date;provided, however, that this does not apply if the articles of incorporation provide for such Record Date and such matters.
In cases where the rights that the Shareholders on the Record Date may exercise are voting right at a shareholders meeting or General Meeting of Class Shareholders, the Stock Company may prescribe some or all persons who acquire shares on or after such Record Date as persons who may exercise such right;provided, however, that this provision may not prejudice the rights of the Shareholders on the Record Date of such shares.
第一項から第三項までの規定は、第百四十九条第一項に規定する登録株式質権者について準用する。
The provisions of paragraph (1) to paragraph (3) apply mutatis mutandis to the Registered Pledgees of Shares provided for in Article 149, paragraph (1).
