Article 65. General Meeting for Establishment

(Compare Article 180 of the former Commercial Code)

1. In the situation where there has been the solicitation of Article 57. (Solicitation of Subscribers of Shares to Be Issued at the Time of Incorporation), Paragraph 1, the incorporators, after the date of Article 58. (Determinations on Matters Concerning Subscription to Shares at the Time of Incorporation), Paragraph 1, Item 3 or on the last day of the time period of the same Item, must, without delay, must call a meeting (hereinafter called the “general meeting for establishment”) of establishment shareholders (Meaning the parties to be shareholders of the kabushiki kaisha based on the provisions of Article 50. (Rights of Subscribers to Shares), Paragraph 1, or Article 102, Paragraph 2. Hereinafter the same).

2. In the situations provided for in the previous paragraph, when deemed necessary, the incorporators may call a general meeting for establishment.

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Disclaimer: This translation is for general reference purposes only and is provided on an “as is” basis with no warranties made whatsoever. Attorney Roderick H. Seeman (licensed in the USA) shall not be responsible for any consequences resulting from the use of this translation. Reliance must be placed on the original Japanese text of the laws. In the text of the translation article headings are added in parenthesis are not in the Japanese language original and are added only for the purposes of enhanced comprehension.

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