(1) A company may issue different classes of shares which are different in respect of their particulars (hereinafter referred to as "different classes of shares") as to the profit dividends, distribution of the surplus assets, exercise of voting rights at a general meeting of shareholders, repayment, conversion, etc.
(2) In cases falling under paragraph (1), the articles of incorporation shall provide for the particulars and number of each class of shares.
(3) If a company issues different classes of shares, special provisions may be made for each class of shares with respect to the subscription to new shares, the consolidation, split, or retirement of shares or the allotment of shares as a result of a merger or split of the company, even where no such matters have been provided for in the articles of incorporation.
(4) With respect to a resolution of the general meeting of shareholders of certain classes of shares, the provisions of Article 435 (2) shall apply mutatis mutandis.[This Article Wholly Amended by Act No. 10600, Apr. 14, 2011]