Yugen Kaisha - YK

AAA

DEFINITION of 'Yugen Kaisha - YK'

A type of limited liability company that could be established in Japan from 1940 through early 2006. The Companies Act enacted in Japan in June 2005 abolished the YK business form. The law changed most YKs into KKs, or kabushiki kaisha, a joint stock company and the most common business form in Japan. The corporation law also changed the corporate governance of YKs.

INVESTOPEDIA EXPLAINS 'Yugen Kaisha - YK'

The YK was based on the German GmbH, a limited liability company and the most common form of corporation in Germany. Japan's YK structure was commonly used by small businesses and could have a maximum of 50 investors.

RELATED TERMS
  1. Keidanren

    A Japanese abbreviation for the Japan Federation of Economic ...
  2. Japanese Government Bond - JGB

    A bond issued by the government of Japan. The government pays ...
  3. Japan Inc.

    A nickname for the corporate world of Japan that came about during ...
  4. Tokyo Stock Exchange - TSE

    The largest stock exchange in Japan, headquartered in its capital ...
  5. Bank Of Japan - BoJ

    Headquartered in the business district of Nihonbashi in Tokyo, ...
  6. Japan ETFs

    A type of exchange-traded fund that invests the majority of its ...
Related Articles
  1. Dragons, Samurai Warriors And Sushi ...
    Bonds & Fixed Income

    Dragons, Samurai Warriors And Sushi ...

  2. Understanding Japanese Keiretsu
    Insurance

    Understanding Japanese Keiretsu

  3. The Lost Decade: Lessons From Japan's ...
    Personal Finance

    The Lost Decade: Lessons From Japan's ...

  4. Can Investors Trust Official Statistics?
    Economics

    Can Investors Trust Official Statistics?

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center