Organization Types
ゆうげん有限がいしゃ会社
Limited Company (legacy)
Definition
A Yugen Kaisha was established under the former Limited Company Act. New establishments were abolished with the 2006 Companies Act, but existing ones continue as 'special limited companies' (tokurei yugen kaisha). They can convert to Kabushiki Kaisha.
Examples
有限会社は現在新規設立できませんが、既存の会社は引き続き営業できます。
Limited companies (有限会社) can no longer be newly established, but existing ones can continue operating.