Attorney
Roderick H. Seeman’s
www.JapanLaw.info
COMMERCIAL CODE OF JAPAN
Article 33. Preparation
of Accounting Books and Balance Sheets
(Abolished in 2006 due to new Japan Companies Law)
1. It is required that the
following matters be clearly entered or recorded in accounting ledgers.
(1). At the time of initiation of
business and once every year at a set date, business assets and the value
thereof. In the case of corporations,
at the time of establishment and every accounting year, business assets and the
value therof.
(2) Transactions and other matters
which have an impact on business assets.
2. The preparation of balance sheets is required based on the accounting
ledgers, at the time of the initiation of the business and once every year at a
set date and in the case of corporations, at the time of establishment and
every accounting year.
3. When a balance sheet has been prepared in paper format, it must be bound, or
entered in a specifically prepared ledger.
4. When a balance sheet has been prepared in a paper format, it must be signed
by the preparer.
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Article headings are not provided in the Japanese language original but are
provided as it is believed that they assist in the comprehension of the law
DISCLAIMER: This translation is for
general reference purposes only and is produced on an “as isEbasis with no
warranties made whatsoever. Attorney Roderick H. Seeman (licensed in the USA)
is not responsible for any consequences resulting from the use of this
translation. Reliance must be placed on the original
Japanese language text of the law.