<?xml version="1.0" encoding="UTF-8"?>
<Law Era="Showa" Lang="en" LawType="Act" Num="64" PromulgateDay="28" PromulgateMonth="6" Year="23">
  <PromulgateBody>
    <PromulgateStatement>I hereby promulgate the Law concerning Payment of Profits and interests declared by Companies.</PromulgateStatement>
    <ImperialSignature>Signed:HIROHITO, Seal of the Emperor</ImperialSignature>
    <PromulgateDate>This twenty-eighth day of the sixth month of the twenty-third year of Showa (June 28, 1948)</PromulgateDate>
    <Signature>
      <MinisterialTitle>Prime Minister</MinisterialTitle>
      <Name>ASHIDA Hitoshi</Name>
    </Signature>
  </PromulgateBody>
  <LawNum>Law No.64</LawNum>
  <LawBody>
    <LawTitle>Law concerning Payment of Profits and Interests declared by Companies</LawTitle>
    <MainProvision>
      <Paragraph Num="1">
        <ParagraphNum/>
        <ParagraphSentence>
          <Sentence>Profits or interests declared by a company to its stockholders (including pledgee on stocks. Hereinafter the same) shall be paid at the domicile of stockholders stated on the list of stockholders or the place which has been notified of from stockholders (hereinafter referred to as domicile etc.).</Sentence>
        </ParagraphSentence>
      </Paragraph>
      <Paragraph Num="2">
        <ParagraphNum/>
        <ParagraphSentence>
          <Sentence Function="main" Num="1">Expenses required for payment of profits or interests prescribed by the foregoing paragraph shall be borne by the company;provided, however, should the expenses be increased due to such causes liable to any stockholder, such increase shall be borne by such stockholder.</Sentence>
        </ParagraphSentence>
      </Paragraph>
      <Paragraph Num="3">
        <ParagraphNum/>
        <ParagraphSentence>
          <Sentence>The provisions of the foregoing two paragraphs shall not apply to the payment to stockholders who are not domiciled in Japan (excluding such area as may be designated by Minister of Finance).</Sentence>
        </ParagraphSentence>
      </Paragraph>
    </MainProvision>
    <SupplProvision>
      <SupplProvisionLabel>Supplementary Provision:</SupplProvisionLabel>
      <Paragraph Num="1">
        <ParagraphNum/>
        <ParagraphSentence>
          <Sentence>This Law shall come into force as from the lapse of thirty days from the day of its promulgation.</Sentence>
        </ParagraphSentence>
      </Paragraph>
    </SupplProvision>
  </LawBody>
  <Signatures>
    <Signature>
      <MinisterialTitle>Minister of Finance</MinisterialTitle>
      <Name>KITAMURA Tokutaro</Name>
    </Signature>
    <Signature>
      <MinisterialTitle>Attorney-General</MinisterialTitle>
      <Name>SUZUKI Yoshio</Name>
    </Signature>
    <Signature>
      <MinisterialTitle>Prime Minister</MinisterialTitle>
      <Name>ASHIDA Hitoshi</Name>
    </Signature>
  </Signatures>
</Law>