Study on the employee buyout using ESOP in the closely held company

在美国，杠杆式员工持股计划被广泛用作少数人持股公司的员工买断手段。在这项研究中，我考察了这是否也适用于日本。因为日本有“日本员工持股计划”，所以我对其进行了研究。因此，日本既没有像美国那样的法律，也没有税收优惠，而且也没有实施该计划的基础设施。因此，在目前阶段，我认为日本不会出现像美国那样的蔓延。

In the U.S., leveraged ESOP is widely used as a means of the employee buyout in the closely held company. In this study, I examined whether that would be applied also in Japan. Since there was "Japanese ESOP" in Japan, I studied with regards to it.As a result, Japan has neither a law like the U.S., nor the tax benefits, and there is also no infrastructure for carrying out the plan. Therefore, at a present stage, I think that a spread like the U.S. will not be seen in Japan.