Shihainin
Encyclopedia
A is an authorized representative of a company
or unincorporated business
under Japan
ese commercial law
.
A shihainin has full legal authority to represent the company/business at the place of business to which the shihainin is assigned. This authority may be restricted, but any restriction is unassertable against a third party acting in good faith.
The status is often granted to the managers of regional or local offices of the company, as well as to managers at the head office. Directors and corporate officers (but not statutory auditor
s) may be granted shihainin status in addition to any other titles they hold within the company. The term can lead to confusion in translation, as the literal translation of "manager" may be confused with internal "manager" titles that do not necessarily denote shihainin status.
In most businesses, the term is mainly used in corporate legal documents. However, it is popular in certain industries, such as hotel
s and restaurant
s, as the sole designation for the manager of a particular property.
Company shihainin are generally appointed by the board of directors. Their name, date of birth, residential address and place of business is recorded in the commercial register at the Legal Affairs Bureau and kept as public record.
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
or unincorporated business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
under Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese commercial law
Commercial law
Commercial law is the body of law that governs business and commercial transactions...
.
A shihainin has full legal authority to represent the company/business at the place of business to which the shihainin is assigned. This authority may be restricted, but any restriction is unassertable against a third party acting in good faith.
The status is often granted to the managers of regional or local offices of the company, as well as to managers at the head office. Directors and corporate officers (but not statutory auditor
Statutory auditor
A is an official found in Japanese kabushiki kaisha .Statutory auditors are elected by shareholders and hold a position in the hierarchy alongside the board of directors. A kabushiki kaisha must have at least one statutory auditor, unless the transfer of shares is restricted in the articles of...
s) may be granted shihainin status in addition to any other titles they hold within the company. The term can lead to confusion in translation, as the literal translation of "manager" may be confused with internal "manager" titles that do not necessarily denote shihainin status.
In most businesses, the term is mainly used in corporate legal documents. However, it is popular in certain industries, such as hotel
Hotel
A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms...
s and restaurant
Restaurant
A restaurant is an establishment which prepares and serves food and drink to customers in return for money. Meals are generally served and eaten on premises, but many restaurants also offer take-out and food delivery services...
s, as the sole designation for the manager of a particular property.
Company shihainin are generally appointed by the board of directors. Their name, date of birth, residential address and place of business is recorded in the commercial register at the Legal Affairs Bureau and kept as public record.