noun
public company; publicly traded company
General term for a company whose shares are publicly traded on a stock exchange.
その公開会社は東京証券取引所に上場している。
That public company is listed on the Tokyo Stock Exchange.
noun
stock company with unrestricted share transfers
Under Japanese corporate law, a stock company that does not require board approval for share transfers, as opposed to a 非公開会社.
会社法では、公開会社は株式の譲渡制限を設けない株式会社と定義される。
Under the Companies Act, a 公開会社 is defined as a stock company that does not impose restrictions on share transfers.
A stock company that restricts share transfers, often requiring board approval; the legal opposite of 公開会社 in the Japanese corporate law sense.
A listed company; refers specifically to a company whose shares are listed on a stock exchange, while 公開会社 can also refer to the broader legal category.
Compound of 公開 (public, open) and 会社 (company). The legal sense is defined in Japan's Companies Act.