Yugen-Kaisha

Yugen-Kaisha

A Japanese term for a limited company. Yugen-kaisha could have up to 50 investors, called members, who collectively were required to contribute 3 million yen in capital. Yugen-kaisha were required to have one director, but not a full board of directors. After 2006, no new yugen-kaisha could be formed; the structure was replaced by godo gaisha.
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