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Kicksville
Joined: 20 Nov 2010
Posts: 1256
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Posted: Sat May 05, 2012 1:15 pm
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Quote: | "limited company" ("yūgen gaisha") |
Ooooooooooooh.
Now the pun used for Phantom Quest Corp's original title makes sense!
...oh err don't mind me, carry on.
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FlamingLight
Joined: 26 Apr 2012
Posts: 95
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Posted: Sat May 05, 2012 2:01 pm
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Wait, what's the difference exactly?
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samuelp
Industry Insider
Joined: 25 Nov 2007
Posts: 2250
Location: San Antonio, USA
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Posted: Sat May 05, 2012 2:03 pm
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FlamingLight wrote: | Wait, what's the difference exactly? |
Technical Japanese business law stuff involving the corporate structure and reporting requirements.
More practically "kabushiki gaisha" are the normal kinds and are the most "trusted" by other businesses.
Most other kinds of businesses in Japan like "LLC" (goudou kaisha) or limited (yuugen) kaisha can be "upgraded" to a full kabushiki gaisha by filing the appropriate paperwork and appointing board members, etc...
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reanimator
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Posted: Sun May 06, 2012 2:24 am
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samuelp wrote: |
FlamingLight wrote: | Wait, what's the difference exactly? |
Technical Japanese business law stuff involving the corporate structure and reporting requirements.
More practically "kabushiki gaisha" are the normal kinds and are the most "trusted" by other businesses.
Most other kinds of businesses in Japan like "LLC" (goudou kaisha) or limited (yuugen) kaisha can be "upgraded" to a full kabushiki gaisha by filing the appropriate paperwork and appointing board members, etc... |
So they're going to offer stocks in the future?
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luffypirate
Joined: 06 Oct 2006
Posts: 3187
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Posted: Sun May 06, 2012 2:41 am
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"unlimited company" ("mugen gaisha")
:p
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samuelp
Industry Insider
Joined: 25 Nov 2007
Posts: 2250
Location: San Antonio, USA
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Posted: Sun May 06, 2012 4:03 am
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reanimator wrote: |
samuelp wrote: |
FlamingLight wrote: | Wait, what's the difference exactly? |
Technical Japanese business law stuff involving the corporate structure and reporting requirements.
More practically "kabushiki gaisha" are the normal kinds and are the most "trusted" by other businesses.
Most other kinds of businesses in Japan like "LLC" (goudou kaisha) or limited (yuugen) kaisha can be "upgraded" to a full kabushiki gaisha by filing the appropriate paperwork and appointing board members, etc... |
So they're going to offer stocks in the future? |
Not necessarily. A kabushiki gaisha simply means that it's owned by stock holders, not that the stocks are offered publicly.
However if they did want to do an IPO in the future this is a required first step.
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zr2008
Joined: 05 Aug 2008
Posts: 31
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Posted: Sun May 06, 2012 9:55 am
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I would totally like to own a share of Goodsmile stock. I wonder how hard it is to buy a Japanese companies stock.
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FlamingLight
Joined: 26 Apr 2012
Posts: 95
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Posted: Sun May 06, 2012 10:16 pm
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samuelp wrote: |
FlamingLight wrote: | Wait, what's the difference exactly? |
Technical Japanese business law stuff involving the corporate structure and reporting requirements.
More practically "kabushiki gaisha" are the normal kinds and are the most "trusted" by other businesses.
Most other kinds of businesses in Japan like "LLC" (goudou kaisha) or limited (yuugen) kaisha can be "upgraded" to a full kabushiki gaisha by filing the appropriate paperwork and appointing board members, etc... |
Ah, ok, thanks for the reply. :3
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