Article 615. Preparation
& Storage of Accounting Ledgers
(Compare Articles 32, 33
& 34 of the former Commercial Code)
1. The equity company must prepare
timely and accurate accounting books, as per Ministry of Justice Ordinance . (ARTICLE
2. The equity company, for
ten years from the closure of the accounting books, must store those accounting
ledger books and major materials related to that business.
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 that are not in the Japanese language original and are
added only for the purposes of enhanced comprehension.
to see a copy of Attorney Seeman’s Japanese stockbroker’s license that he
passed on the first attempt in Japanese (becoming the first qualifying
Westerner). The exam is now available in English due to claims that it was too
difficult in Japanese.