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
setsuritsuji hakkōkabushikidewārimasen

Noun
Desu Copula
Negation Auxiliary

The polite negative form of 設立時発行株式

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

Negative
Polite
Formal Register
Finance