Article 235 If a Share Split or consolidation of shares effected by a Stock Company produces any fractional share in the number of the shares, the Stock Company must sell the number of shares equivalent to the total sum of the fractional shares by auction (in cases where the total sum includes a fractional share, such fractional share is to be rounded off) and must deliver the proceeds of that auction to the shareholders in proportion to the fractional shares attributed to them:
前条第二項から第五項までの規定は、前項の場合について準用する。
The provisions of paragraphs (2) to (5) of the preceding Article apply mutatis mutandis to the cases provided for in the preceding paragraph.
