In connection with shares to be issued at the time of incorporation, unless otherwise provided for in the articles of incorporation, the following matters shall be determined with the consent of all incorporators:
1. Class and number of shares;
2. In cases of par value shares, if the company is to issue shares at the price exceeding the par value, the number of such shares and the price.
3. In cases of issuing no par value shares, the issuance price, and the amount to be included in paid-up capital out of the issuance price.[This Article Wholly Amended by Act No. 10600, Apr. 14, 2011]