All sections · Part V: Shares · Sub-Part I: General
47 単元株式数
(1) 会社は、その覚書および定款に従い、端数株式を発行することができます。
2）会社の定款に別段の定めがない限り、端数株式は、同一種類の株式の全株に対応する端数の負債（額面、プレミアム、拠出金、コールその他の制限、優先、特権、資格、制限、権利およびその他の属性に従うものとする。
額面株式の額面金額は、発行される通貨の最小額面の端数または割合に相当する金額で表示することができます。
2）会社の定款に別段の定めがない限り、端数株式は、同一種類の株式の全株に対応する端数の負債（額面、プレミアム、拠出金、コールその他の制限、優先、特権、資格、制限、権利およびその他の属性に従うものとする。
額面株式の額面金額は、発行される通貨の最小額面の端数または割合に相当する金額で表示することができます。
Translation for information only. Only the English original is legally binding.
Original wording (English, legally binding): Fractional shares
(1) Subject to its memorandum and articles, a company may issue fractional
shares.
(2) Unless and to the extent otherwise provided in a company‘s articles, a
fractional share shall be subject to and carry the corresponding fraction of
liabilities (whether with respect to par value, premium, contribution, calls
or otherwise howsoever), limitations, preferences, privileges,
qualifications, restrictions, rights and other attributes of a whole share of
the same class of shares; and in this Act the expression ―share‖ includes a
fraction of a share and no issue or purported issue of a fraction of a share
shall be invalid by reason only of the fact that it was issued or purportedly
issued prior to the Act commencement date.
(3) The par value of a par value share may be expressed in an amount which
is a fraction or a percentage of the smallest denomination of the currency
in which it is issued.
shares.
(2) Unless and to the extent otherwise provided in a company‘s articles, a
fractional share shall be subject to and carry the corresponding fraction of
liabilities (whether with respect to par value, premium, contribution, calls
or otherwise howsoever), limitations, preferences, privileges,
qualifications, restrictions, rights and other attributes of a whole share of
the same class of shares; and in this Act the expression ―share‖ includes a
fraction of a share and no issue or purported issue of a fraction of a share
shall be invalid by reason only of the fact that it was issued or purportedly
issued prior to the Act commencement date.
(3) The par value of a par value share may be expressed in an amount which
is a fraction or a percentage of the smallest denomination of the currency
in which it is issued.
