Defined Contribution Pension Act

A person that falls under any of the following items is punished by imprisonment for not more than three years or a fine of not more than three million yen, or both:

a person that conducts a defined contribution pension operational management business without being registered as referred to in Article 88, paragraph (1);

a person that is registered as referred to in Article 88, paragraph (1) by a wrongful means;

a person that has another person conduct a defined contribution pension operational management business, in violation of the provisions of Article 95; or

a person that commits any of the acts set forth in Article 100, items (i) through (iii), in violation of these provisions.

A person that falls under any of the following items is punished by imprisonment for not more than one year or a fine of not more than one million yen, or both:

a person that intentionally fails to disclose facts or discloses false facts, in violation of the provisions of Article 100, item (iv); or

a person that conducts a defined contribution pension operational management business, in violation of an order to suspend business under the provisions of Article 104, paragraph (2).

A person that falls under any of the following items is punished by imprisonment for not more than six months or a fine of not more than five hundred thousand yen:

a person that fails to make a report under the provisions of Article 51, paragraph (1) or makes a false report, or that fails to answer a question by a relevant official under the provisions of that paragraph or makes a false statement, or that refuses, obstructs, or evades an inspection under the provisions of that paragraph;

a person that makes a false statement in the written application for registration referred to in Article 89, paragraph (1) or the document referred to in paragraph (2) of that Article, and submits it;

a person that fails to prepare or keep books and documents under the provisions of Article 101, or prepares false books and documents;

a person that fails to submit a report under the provisions of Article 102 or submits a report containing a false statement; or

a person that fails to make a report under the provisions of Article 103, paragraph (1) or makes a false report, or that fails to answer a question by a relevant official under the provisions of that paragraph or makes a false statement, or that refuses, obstructs, or evades an inspection under the provisions of that paragraph.

A person that falls under any of the following items is punished by a fine of not more than five hundred thousand yen:

a person that fails to make notification under the provisions of Article 92, paragraph (1) or makes false notification;

a person that violates the provisions of Article 94, paragraph (1);

a person that, in violation of the provisions of Article 94, paragraph (2), posts, or makes available for public viewing, the sign referred to in paragraph (1) of that Article or a sign similar thereto;

a person that fails to keep documents or does not allow a participant or instructor to inspect documents at their request, or that keeps or has a participant or instructor inspect documents containing a false statement, in violation of the provisions of Article 96; or

a person that violates an order under the provisions of Article 104, paragraph (1).

If the representative of a corporation or an agent, employee, or any other worker of a corporation or individual commits a violation of any of the provisions from Article 118 through the preceding Article in connection with the services of the corporation or individual, in addition to the offender being subject to punishment, the corporation or individual is subject to the fine referred to in the relevant Article.

A person that falls under any of the following items is punished by a fine of not more than two hundred thousand yen:

a person that fails to make notification or makes false notification, in violation of the provisions of Article 6, paragraph (1);

a person that fails to give notice, in violation of the provisions of Article 26, paragraph (3) (including as applied mutatis mutandis pursuant to Article 73);

a person that fails to give public notice or gives false public notice, in violation of the provisions of Article 26, paragraph (4) (including as applied mutatis mutandis pursuant to Article 73);

a person that fails to prepare or keep books and documents under the provisions of Article 49 or prepares false books and documents;

a person that violates an order under the provisions of Article 52, paragraph (1);

a person that fails to make notification or makes false notification, in violation of the provisions of Article 58, paragraph (1);

a person that fails to give notice, in violation of the provisions of Article 80, paragraph (4), Article 82, paragraph (2), or Article 83, paragraph (2); or

a person that fails to give public notice or gives false public notice, in violation of the provisions of Article 83, paragraph (3).

A person that falls under any of the following items is punished by a fine of not more than one hundred thousand yen:

a person that fails to give notice, in violation of the provisions of Article 16, paragraph (1);

a person that fails to make a report or makes a false report, in violation of the provisions of Article 16, paragraph (2); or

a person that fails to make notification or makes false notification, in violation of the provisions of Article 47, Article 66, paragraph (1), Article 93, or Article 113, paragraph (1).