設立 せつりつ 発行 はっこう株式 かぶしきではありませんでした
setsuritsuji hakkōkabushikidewārimasendeshita

Noun
Desu Copula

The polite, past negative form of 設立時発行株式

1. Was not issued at the time of establishment.; Was not a stock issued at establishment.

Past/Perfective
Negative
Polite
Formal Register
Finance