Article 195 Notwithstanding the provisions of Article 466, a Stock Company may decrease the size of the Share Unit or abolish the provisions of the articles of incorporation with respect to the Share Unit by effecting an amendment to the articles of incorporation by decision of the directors (or a resolution at a board of directors meeting for a Company with a Board of Directors).
In cases where an amendment is made in the articles of incorporation pursuant to the provisions of the preceding paragraph, the Stock Company must, without delay after the day of the effectuation of such amendment to the articles of incorporation, notify its shareholders (or, for a Company with Class Shares, its Class Shareholders of the classes for which the Share Unit has been changed pursuant to the provisions of that paragraph) to the effect that such amendment to the articles of incorporation has been made.
前項の規定による通知は、公告をもってこれに代えることができる。
A public notice may be substituted for the notice under the provisions of the preceding paragraph.
