組そ織しき変へん更こう

noun

entity conversion; change of company form

Business term for a legal restructuring where a company changes its corporate form, such as from a limited company to a joint-stock company.

• 当とう社しゃは来らい月げつ、株かぶ式しき会がい社しゃへの組そ織しき変へん更こうを予よ定ていしています。

  Our company plans to convert to a joint-stock company next month.

• 組そ織しき変へん更こうの手て続つづきには、株かぶ主ぬし総そう会かいの決けつ議ぎが必ひつ要ようです。

  A shareholders' meeting resolution is required for the entity conversion procedure.