Financial Instruments and Exchange Act

• ChangedArticle 185-7, paragraph (1)

  If, after the completion of trial procedures, the Prime Minister finds a fact set forth in any of the items of Article 178, paragraph (1) to have occurred, unless otherwise provided for in this Article, the Prime Minister must issue a decision against the respondent, ordering the respondent to pay the administrative monetary penalty under the provisions of Article 172, paragraph (1), paragraph (2) (including as applied mutatis mutandis pursuant to paragraph (4) of that Article), or paragraph (3) of that Article; Article 172-2, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (4) of that Article), paragraph (2) of that Article (including as applied mutatis mutandis pursuant to paragraph (5) of that Article), or paragraph (6) of that Article; Article 172-3, paragraph (1) or (2); Article 172-4, paragraph (1) or paragraph (2) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article); Article 172-4-2, paragraph (1); Article 172-5; Article 172-6, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (2) of that Article); Articles 172-7 through 172-9; Article 172-10, paragraph (1) or (2); Article 172-11, paragraph (1); Article 172-12, paragraph (1); Article 173, paragraph (1); Article 174, paragraph (1); Article 174-2, paragraph (1); Article 174-3, paragraph (1); Article 175, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (9) of that Article) or paragraph (2) of that Article; or Article 175-2, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (13) of that Article) or paragraph (2) of that Article (including as applied mutatis mutandis pursuant to paragraph (14) of that Article) to the national treasury.

  内閣総理大臣は、審判手続を経た後、第百七十八条第一項各号に掲げる事実のいずれかがあると認めるときは、この条に別段の定めがある場合を除き、被審人に対し、第百七十二条第一項、第二項（同条第四項において準用する場合を含む。）若しくは第三項、第百七十二条の二第一項（同条第四項において準用する場合を含む。）、第二項（同条第五項において準用する場合を含む。）若しくは第六項、第百七十二条の三第一項若しくは第二項、第百七十二条の四第一項若しくは第二項（同条第三項において準用する場合を含む。）、第百七十二条の四の二第一項、第百七十二条の五、第百七十二条の六第一項（同条第二項において準用する場合を含む。）、第百七十二条の七から第百七十二条の九まで、第百七十二条の十第一項若しくは第二項、第百七十二条の十一第一項、第百七十二条の十二第一項、第百七十三条第一項、第百七十四条第一項、第百七十四条の二第一項、第百七十四条の三第一項、第百七十五条第一項（同条第九項において準用する場合を含む。）若しくは第二項又は第百七十五条の二第一項（同条第十三項において準用する場合を含む。）若しくは第二項（同条第十四項において準用する場合を含む。）の規定による課徴金を国庫に納付することを命ずる旨の決定をしなければならない。

• ChangedArticle 185-7, paragraph (3)

  Once the Prime Minister has issued a decision with regard to a public offering or secondary distribution that falls under both Article 172, paragraph (1) and paragraph (2) pursuant to the provisions of paragraph (1) (but only if the Prime Minister finds the fact set forth in Article 178, paragraph (1), item (i) to have occurred; hereinafter the same applies in this paragraph), the preceding paragraph, or paragraph (1517) (but only if the Prime Minister finds the fact set forth in Article 178, paragraph (1), item (i) to have occurred), the Prime Minister may not issue a new decision with regard to such a public offering or secondary distribution pursuant to the preceding two paragraphs.

  内閣総理大臣は、第百七十二条第一項及び第二項のいずれにも該当する募集又は売出しについて既に第一項（第百七十八条第一項第一号に掲げる事実があると認める場合に限る。以下この項において同じ。）、前項又は第十五七項（同号に掲げる事実があると認める場合に限る。）の規定により決定をしているときは、当該募集又は売出しについて前二項の規定により新たな決定をすることができない。

• ChangedArticle 185-7, paragraph (5)

  If the Prime Minister is required to issue the decision referred to in paragraph (1) (but only if the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (iii) to have occurred; hereinafter the same applies in this paragraph), and is required to issue a decision (hereinafter referred to as a "new decision" in this paragraph) in connection with an ongoing disclosure document for the same business year subject to disclosure as the ongoing disclosure document in connection with which a decision (hereinafter referred to as a "prior decision" in this paragraph) has already been made pursuant to paragraph (1) or paragraph (1517) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (1), item (iii) to have occurred; hereinafter the same applies in this paragraph), in lieu of the amount set forth in Article 172-3, paragraph (1) or the amount set forth in Article 172-3, paragraph (2), the Prime Minister must issue an order in respect of the new decision for the relevant person to pay an administrative monetary penalty to the national treasury in an amount equal to the amount arrived at when the amount specified in item (ii) is deducted from the amount specified in item (i); provided, however, that unless the amount specified in item (i) exceeds the amount specified in item (ii), the Prime Minister may not issue an administrative monetary penalty payment order under Article 172-3, paragraph (1) or (2):

  内閣総理大臣は、第一項（第百七十八条第一項第三号に掲げる事実があると認める場合に限る。以下この項において同じ。）の決定をしなければならない場合において、既に第一項又は第十五七項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）の規定によりなされた決定（以下この項において「既決定」という。）に係る継続開示書類と同一の記載対象事業年度に係る継続開示書類について決定（以下この項において「新決定」という。）をしなければならないときは、当該新決定について、第百七十二条の三第一項又は第二項の規定による額に代えて、第一号に掲げる額から第二号に掲げる額を控除した額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。ただし、第一号に掲げる額が第二号に掲げる額を超えないときは、同条第一項又は第二項の規定による課徴金の納付を命ずることができない。

• ChangedArticle 185-7, paragraph (5), item (ii)

  the amount of the administrative monetary penalty under the provisions of Article 172-3, paragraph (1) or (2) or paragraph (1517) of this Article related to that prior decision.

  当該既決定に係る第百七十二条の三第一項若しくは第二項又は本条第十五の規定又は第十七項の規定による課徴金の額

• ChangedArticle 185-7, paragraph (6)

  If the Prime Minister is required to issue the decision referred to in paragraph (1) (limited to a decision under Article 178, paragraph (1), item (iv)) in connection with two or more ongoing disclosure documents, etc. covering the same business year subject to disclosure (meaning an annual securities report, etc. or a semiannual securities or extraordinary report, etc., but excluding an amended report to amend a false statement contained in any of those documents or to correct a deficiency in respect of a material particular that is required to be stated as prescribed in Article 7, paragraph (1), Article 9, paragraph (1), or Article 10, paragraph (1) as applied mutatis mutandis pursuant to Article 24-2, paragraph (1) and Article 24-5, paragraph (5) (these provisions including as applied mutatis mutandis pursuant to Article 27); the same applies in the following paragraph), and the sum total of the amounts calculated pursuant to Article 172-4, paragraph (1) or (2) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article) in respect of each fact subject to a decision (hereinafter referred to as the "amount calculated for each decision" in this paragraph, the following paragraph, and paragraph (1618) (but only if the Prime Minister finds the fact set forth in Article 178, paragraph (1), item (iv) to have occurred)) exceeds the higher of the amounts set forth in the following items, in lieu of the amount provided for in Article 172-4, paragraph (1) or (2) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article), the Prime Minister must issue an order for the relevant person to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount arrived at when the higher of those amounts is proportionally divided in parallel with the amount calculated for each decision, pursuant to the provisions of Cabinet Office Order:

  内閣総理大臣は、同一の記載対象事業年度に係る二以上の継続開示書類等（有価証券報告書等又は半期・臨時報告書等をいい、これらの書類に係る虚偽の記載を訂正し、又は記載すべき重要な事項の不備を補正する第二十四条の二第一項及び第二十四条の五第五項（これらの規定を第二十七条において準用する場合を含む。）において準用する第七条第一項、第九条第一項又は第十条第一項の規定による訂正報告書を除く。次項において同じ。）について第一項の決定（第百七十八条第一項第四号に係るものに限る。）をしなければならない場合において、それぞれの決定に係る事実について第百七十二条の四第一項又は第二項（同条第三項において準用する場合を含む。）の規定により算出した額（以下この項、次項及び第十六八項（同号に掲げる事実があると認める場合に限る。）において「個別決定ごとの算出額」という。）を合計した額が次の各号に掲げる額のいずれか高い額を超えるときは、第百七十二条の四第一項又は第二項（同条第三項において準用する場合を含む。）の規定による額に代えて、当該高い額を内閣府令で定めるところにより当該個別決定ごとの算出額に応じて按分して得た額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。

• ChangedArticle 185-7, paragraph (7)

  If the Prime Minister is required to issue the decision referred to in paragraph (1) (but only if the Prime Minister finds the fact set forth in Article 178, paragraph (1), item (iv) to have occurred; hereinafter the same applies in this paragraph) or the decision referred to in the preceding paragraph, and is required to issue one or more decisions (hereinafter each is referred to as a "new decision" in this paragraph) in connection with an ongoing disclosure document, etc. for the same business year subject to disclosure, as an ongoing disclosure document, etc. in connection with which the Prime Minister has already issued one or more decisions pursuant to paragraph (1), the preceding paragraph, this paragraph, paragraph (1416) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (1), item (iv) to have occurred; hereinafter the same applies in this paragraph), paragraph (1517) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (1), item (iv) to have occurred; hereinafter the same applies in this paragraph), or paragraph (1618) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (1), item (iv) to have occurred; hereinafter the same applies in this paragraph) (each such a decision is hereinafter referred to as a "prior decision" in this paragraph), in lieu of the amount set forth in the provisions of Article 172-4, paragraph (1) or (2) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article) or the provisions of the preceding paragraph, the Prime Minister must issue an order in respect of the new decisions, for the relevant person to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount arrived at when the amount specified in item (ii) is deducted from the amount specified in item (i), and the difference is then proportionally divided in parallel with the amount calculated for each individual decision in respect of each fact subject to a new decision, pursuant to the provisions of Cabinet Office Order; provided, however, that unless the amount specified in item (i) exceeds the amount specified in item (ii), the Prime Minister may not issue an administrative monetary penalty payment order under the provisions of paragraph (1) or (2) of that Article (including as applied mutatis mutandis pursuant to paragraph (3) of that Article) or the provisions of the preceding paragraph:

  内閣総理大臣は、第一項（第百七十八条第一項第四号に掲げる事実があると認める場合に限る。以下この項において同じ。）又は前項の決定をしなければならない場合において、既に第一項、前項、この項、第十四六項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）、第十五七項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）又は第十六八項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）の規定によりなされた一以上の決定（以下この項において「既決定」という。）に係る継続開示書類等と同一の記載対象事業年度に係る継続開示書類等について一以上の決定（以下この項において「新決定」という。）をしなければならないときは、当該新決定について、第百七十二条の四第一項若しくは第二項（同条第三項において準用する場合を含む。）の規定又は前項の規定による額に代えて、第一号に掲げる額から第二号に掲げる額を控除した額を内閣府令で定めるところによりそれぞれの新決定に係る事実について個別決定ごとの算出額に応じて按分して得た額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。ただし、第一号に掲げる額が第二号に掲げる額を超えないときは、同条第一項若しくは第二項（同条第三項において準用する場合を含む。）の規定又は前項の規定による課徴金の納付を命ずることができない。

• ChangedArticle 185-7, paragraph (7), item (ii)

  the sum of the amount of administrative monetary penalty under the provisions of Article 172-4, paragraph (1) or (2) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article), the preceding paragraph, this paragraph, and paragraphs (1416) through (1618), in connection with the prior decisions.

  当該既決定に係る第百七十二条の四第一項若しくは第二項（同条第三項において準用する場合を含む。）の規定又は前項、この項若しくは第十四六項から第十六八項までの規定による課徴金の額を合計した額

• ChangedArticle 185-7, paragraph (8)

  If the Prime Minister is required to issue the decision referred to in paragraph (1) in connection with two or more tender offer documents, etc. (meaning a public notice of the commencement of the tender offer, etc. or a tender offer statement; the same applies in the following paragraph)(limited to a decision under Article 178, paragraph (1), item (iv)-2) in connection with two or more audit certifications of specified non-financial information stated in covered disclosure documents of a specified submitter for the same tender offer (limited to a decision under Article 178, paragraph (1), item (vi))business year, in lieu of the amount set forth in Article 172-6172-4-2, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (2) of that Article), the Prime Minister must issue an order for the relevant person to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount arrived at when the amount highest of the amounts calculated pursuant to that paragraph (1) of that Article is divided proportionally in parallel with the amounts calculated pursuant to thatin respect of the fact subject to each decision (hereinafter in this paragraph and the following paragraph (including referred to as applied mutatis mutandis pursuant to paragraph (2) of that Article)the "amount calculated for each individual decision") is proportionally divided in respect of parallel with the respective amounts calculated for each fact subject individual decision, pursuant to a decisionthe provisions of Cabinet Office Order.

  内閣総理大臣は、特定提出者の同一の公開買付け事業年度に係る記載対象書類に記載する特定非財務情報の二以上の公開買付書類等（公開買付開始公告等又は公開買付届出書等をいう。次項において同じ。）監査証明について第一項の決定（第百七十八条第一項第六号四号の二に係るものに限る。）をしなければならないときは、第百七十二条の六四の二第一項（同条第二項において準用する場合を含む。）の規定による額に代えて、同条第一項の規定により算出した額をそれぞれの決定に係る事実について同項（同条第二項の規定により算出した額（以下この項及び次項において準用する場合を含む「個別決定ごとの算出額」という。）の規定うち最も高い額を内閣府令で定めるところにより算出した当該個別決定ごとの算出額に応じて按分して得た額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。

• ChangedArticle 185-7, paragraph (9)

  If the Prime Minister has already issued a is required to issue the decision pursuantreferred to in paragraph (1) (but only if the Prime Minister foundfinds the fact set forth in Article 178, paragraph (1), item (vi)iv)-2 to have occurred; hereinafter the same applies in this paragraph), or the preceding paragraph, and is required to issue one or paragraph (15) (but only ifmore decisions (hereinafter each is referred to as a "new decision" in this paragraph) in connection with the audit certification of specified non-financial information stated in the covered disclosure document of a specified submitter for the same business year as the audit certification of specified non-financial information stated in the covered disclosure document of that specified submitter in connection with which the Prime Minister found has already issued one or more decisions (hereinafter each is referred to as a "prior decision" in this paragraph) pursuant to paragraph (1) or the fact preceding paragraph, in lieu of the amount set forth in the provisions of Article 178172-4-2, paragraph (1), or the provisions of the preceding paragraph, the Prime Minister must issue an order in respect of the new decisions, for the relevant person to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount arrived at when the amount specified in item (vi) to have occurred) ii) is deducted from the amount specified in item (i), and the difference is then proportionally divided in connectionparallel with a tender offer document, etc., the Prime Minister may not issue the amount calculated for each individual decision in respect of each fact subject to a new decision, pursuant to paragraph (1) orthe provisions of Cabinet Office Order; provided, however, that unless the amount specified in item (i) exceeds the preceding paragraphamount specified in connection with a tender offer document, etc. linked to item (ii), the Prime Minister may not issue an order for payment of an administrative monetary penalty under the same tender offer as provisions of paragraph (1) of that tender offer document, etc.Article or the provisions of the preceding paragraph:

  内閣総理大臣は、公開買付書類等について既に第一項（第百七十八条第一項第六号四号の二に掲げる事実があると認める場合に限る。以下この項において同じ。）、前項又は第十五項（同号に掲げる事実があると認める又は前項の決定をしなければならない場合に限る。）おいて、既に第一項又は前項の規定により決定をしているときは、当該公開買付書類等なされた一以上の決定（以下この項において「既決定」という。）に係る特定提出者の記載対象書類に記載する特定非財務情報の監査証明と同一の公開買付け事業年度に係る公開買付書類等に当該特定提出者の記載対象書類に記載する特定非財務情報の監査証明について第一項一以上の決定（以下この項において「新決定」という。）をしなければならないときは、当該新決定について、第百七十二条の四の二第一項の規定又は前項の規定により新たな決定をする額に代えて、第一号に掲げる額から第二号に掲げる額を控除した額を内閣府令で定めるところによりそれぞれの新決定に係る事実について個別決定ごとの算出額に応じて按分して得た額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。ただし、第一号に掲げる額が第二号に掲げる額を超えないときは、同条第一項の規定又は前項の規定による課徴金の納付を命ずることができない。

• AddedArticle 185-7, paragraph (9), item (i)

  the highest of the amounts calculated for each individual decision in respect of the new decisions;

  新決定に係る個別決定ごとの算出額のうち最も高い額

• AddedArticle 185-7, paragraph (9), item (ii)

  the sum of the amounts of administrative monetary penalty under the provisions of Article 172-4-2, paragraph (1) or the provisions of the preceding paragraph, in connection with the prior decisions.

  既決定に係る第百七十二条の四の二第一項の規定又は前項の規定による課徴金の額を合計した額

• ChangedArticle 185-7, paragraph (10)

  If the Prime Minister is required to issue the decision referred to in paragraph (1) (limited to a decision under Article 178, paragraph (1), item (xi)) in connection with two or more pieces of information on the issuertender offer documents, etc. for the same business year subject to disclosure (excluding amended information on the issuer that amends false information contained in the relevant information on the issuer(meaning a public notice of the commencement of a tender offer, etc. or a tender offer statement, etc. or that corrects a deficiency of information about a material particular that is required; the same applies in the following paragraph) for the same tender offer (limited to be provided or disclosed; the same applies in the following paragraph)a decision under Article 178, paragraph (1), item (vi)), in lieu of the amount under set forth in Article 172-11172-6, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (2) of that Article), the Prime Minister must issue an order for the relevant person to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount arrived at when the highest of the amountsamount calculated pursuant to that paragraph in respect(1) of each fact subject to a decision (hereinafter referred to asthat Article is divided proportionally in parallel with the "amountamounts calculated for each decision" in this paragraph, the following paragraph andpursuant to that paragraph (16) (but only if the Prime Minister finds the fact set forth in Article 178,including as applied mutatis mutandis pursuant to paragraph (1), item (xi) to have occurred)) is proportionally divided 2) of that Article) in parallel with the amount calculated forrespect of each decision, pursuantfact subject to the provisions of Cabinet Office Ordera decision.

  内閣総理大臣は、同一の記載対象事業年度公開買付けに係る二以上の発行者等情報（発行者等情報に係る虚偽の情報を訂正し、又は提供し、若しくは公表すべき重要な事項に関する情報の不備を補正する訂正発行者情報を除く公開買付書類等（公開買付開始公告等又は公開買付届出書等をいう。次項において同じ。）について第一項の決定（第百七十八条第一項第十一六号に係るものに限る。）をしなければならないときは、第百七十二条の十一六第一項（同条第二項において準用する場合を含む。）の規定による額に代えて、同条第一項の規定により算出した額をそれぞれの決定に係る事実について同項の規定により算出した額（以下この項、次項及び第十六項（同号に掲げる事実があると認める場合に限る。）に（同条第二項において「個別決定ごとの算出額」という準用する場合を含む。）のうち最も高い額を内閣府令で定めるところ規定により当該個別決定ごとの算出算出した額に応じて按分して得た額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。

• ChangedArticle 185-7, paragraph (11)

  If the Prime Minister is required to issue thehas already issued a decision referredpursuant to in paragraph (1) (but only if the Prime Minister findsfound the fact set forth in Article 178, paragraph (1), item (xivi) to have occurred; hereinafter the same applies in this paragraph) or the preceding paragraph, and must issue one or more decisions (hereinafter each is referred to as a "new decision" in this paragraph) in connection with information on , the issuer, etc. for the same business year subject to disclosure as information on the issuer, etc. in connection with which the Prime Minister has already issued one or more decisions pursuant to paragraph (1), the preceding paragraph, this paragraph,or paragraph (1417) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (1), item (xivi) to have occurred; hereinafter the same applies in this paragraph), paragraph (15) (but only if the Prime Minister found the fact set forth ) in that Article 178, paragraph (1), item (xi) to have occurred; hereinafter the same applies in this paragraph), or paragraph (16) (but only ifconnection with a tender offer document, etc., the Prime Minister found the fact set forth in Article 178, paragraph (1), item (xi) to have occurred; hereinafter the same applies in this paragraph) (each such a decision is hereinafter referred to asmay not issue a "priornew decision" in this paragraph), in lieu of the amount set forth in Article 172-11, pursuant to paragraph (1) or the preceding paragraph, the Prime Minister must issue an order in connection with the new decisions, for the relevant person to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount arrived at when the amount specified in item (ii) is deducted from the amount specified in item (i) and the difference is then divided proportionally in parallel with the amount calculated for each decision in respect of each fact subject to a new decision, pursuant to the provisions of Cabinet Office Order; provided, however, that unless the amount specified in item (i) exceeds the amount specified in item (ii),a tender offer document, etc. linked to the Prime Minister may not issue an administrative monetary penalty payment order under Article 172-11, paragraph (1) or the preceding paragraph:same tender offer as that tender offer document, etc.

  内閣総理大臣は、公開買付書類等について既に第一項（第百七十八条第一項第十一六号に掲げる事実があると認める場合に限る。以下この項において同じ。）又は前項の決定をしなければならない場合において、既に第一項、前項、この項、第十四項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）、第十五項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）、前項又は第十六七項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）の規定によりなされた一以上の決定（以下この項において「既決定」という。）に係る発行者等情報決定をしているときは、当該公開買付書類等と同一の記載対象事業年度公開買付けに係る発行者等情報公開買付書類等について一以上の決定（以下この項において「新決定」という。）をしなければならないときは、当該新決定について、第百七十二条の十一第一第一項又は前項の規定による額に代えて、第一号に掲げる額から第二号に掲げる額を控除した額を内閣府令で定めるところによりそれぞれの新決定に係る事実について個別決定ごとの算出額に応じて按分して得た額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。ただし、第一号に掲げる額が第二号に掲げる額を超えないときは、同条第一項又は前項の規定による課徴金の納付を命ずり新たな決定をすることができない。

• RemovedArticle 185-7, paragraph (11), item (i)

  the highest of the amount calculated for each decision in respect of each fact subject to a prior decision or a new decision;

  それぞれの既決定及び新決定に係る事実について個別決定ごとの算出額のうち最も高い額

• RemovedArticle 185-7, paragraph (11), item (ii)

  the sum of the amount of administrative monetary penalty under Article 172-11, paragraph (1), the preceding paragraph, this paragraph, and paragraphs (14) through (16) in connection with the prior decisions.

  当該既決定に係る第百七十二条の十一第一項又は前項、この項若しくは第十四項から第十六項までの規定による課徴金の額を合計した額

• ChangedArticle 185-7, paragraph (12)

  WhenIf the Prime Minister is required to issue decisions under the decision referred to in paragraph (1) (limited to thea decision related tounder Article 178, paragraph (1), item (xviixi)) in relation toconnection with two or more Actspieces of Violation (meaninginformation on the violation prescribed in Article 175-2, paragraph (1) or (2), and including issuer, etc. for the same business year subject to disclosure (excluding amended information on the specified act of providingissuer that amends false information contained in the relevant information on the issuer, etc. prescribed in paragraphs (13) and (14)or that corrects a deficiency of information about a material particular that Article; hereinafter is required to be provided or disclosed; the same applies in this paragraph and the following paragraph) committed, in relation tolieu of the same business of public offering, etc.amount under Article 172-11, paragraph (1), the Prime Minister must issue an order to pay to the national treasuryfor the relevant person to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount obtained by addingarrived at when the amount set forth in paragraph (1), item (ii), (a) orhighest of the amounts calculated pursuant to that paragraph (2), item (ii), (a)in respect of that Article each fact subject to the amount obtained by dividing a decision (hereinafter referred to as the "amount set forth in paragraph (1), item (ii), (b) orcalculated for each decision" in this paragraph, the following paragraph (2), item (ii), (b) of that Article by the number of such decisions, forand paragraph (18) (but only if the respective acts of violation, in lieu ofPrime Minister finds the amountfact set forth in Article 175-2178, paragraph (1) (including the cases where applied mutatis mutandis pursuant to paragraph (13) of that Article; hereinafter the same applies, item (xi) to have occurred)) is proportionally divided in this paragraph andparallel with the following paragraph) or paragraph (2) of that Article (including as applied mutatis mutandisamount calculated for each decision, pursuant to paragraph (14) of that Article; hereinafter the same applies in this paragraph and the following paragraph)provisions of Cabinet Office Order.

  内閣総理大臣は、同一の募集等業務に関し行われた記載対象事業年度に係る二以上の違反行為（第百七十五条の二第一項又は第二項に規定する違反行為をいい、同条第十三項及び第十四項に規定する特定伝達等行為を含む。以下この項及び発行者等情報（発行者等情報に係る虚偽の情報を訂正し、又は提供し、若しくは公表すべき重要な事項に関する情報の不備を補正する訂正発行者情報を除く。次項において同じ。）について第一項の決定（第百七十八条第一項第十七一号に係るものに限る。）をしなければならないときは、第百七十五条の二第一項（同条第十三項において準用する場合を含む。以下この項及び次項において同じ。）又は第二項（同条第十四項において準用する場合を含む。以下この項及び次項において同じ。）二条の十一第一項の規定による額に代えて、それぞれの違反行為に決定に係る事実について、同条第一項第二号イ又は第二項第二号イに掲げる額に、同条第一項第二号ロ又は第二項第二号ロ同項の規定により算出した額（以下この項、次項及び第十八項（同号に掲げる額を当該決定の件数で除事実があると認める場合に限る。）において「個別決定ごとの算出額」という。）のうち最も高い額を内閣府令で定めるところにより当該個別決定ごとの算出額に応じて按分して得た額を加えた額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。

• ChangedArticle 185-7, paragraph (13)

  WhenIf the Prime Minister is required to issue athe decision under referred to in paragraph (1) (limited to but only if the cases where any Prime Minister finds the fact specified set forth in Article 178, paragraph (1), item (xvii) has been foundxi) to have occurred; hereinafter the same applies in this paragraph) or the preceding paragraph, if the Prime Minister needs toand must issue one or more decisions (hereinafter each is referred to as thea "new decision" in this paragraph) for the violation conducted in relation to in connection with information on the issuer, etc. for the same business of public offeringyear subject to disclosure as information on the issuer, etc. as that related to in connection with which the Prime Minister has already issued one or more decisions already issued underpursuant to paragraph (1), the preceding paragraph, this paragraph, or paragraph (1516) (limited to but only if the cases where any Prime Minister found the fact specified in that item has been foundset forth in Article 178, paragraph (1), the Prime Minister must issue an order to pay to the national treasury an administrative monetary penalty equivalent to item (xi) to have occurred; hereinafter the same applies in this paragraph), paragraph (17) (but only if the Prime Minister found the amountfact set forth in that Article 178, paragraph (1), item (ii), (a) or xi) to have occurred; hereinafter the same applies in this paragraph), or paragraph (18) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (21), item (ii), (a) of that Article relatedxi) to have occurred; hereinafter the same applies in this paragraph) (each such a decision is hereinafter referred to the respective acts of violationas a "prior decision" in this paragraph), in lieu of the amount set forth in the provisions of Article 175-2172-11, paragraph (1) or (2), the provisions of the preceding paragraph, the Prime Minister must issue an order in connection with regard the new decisions, for the relevant person to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount arrived at when the amount specified in item (ii) is deducted from the amount specified in item (i) and the difference is then divided proportionally in parallel with the amount calculated for each decision in respect of each fact subject to a new decision., pursuant to the provisions of Cabinet Office Order; provided, however, that unless the amount specified in item (i) exceeds the amount specified in item (ii), the Prime Minister may not issue an administrative monetary penalty payment order under the provisions of Article 172-11, paragraph (1) or the provisions of the preceding paragraph:

  内閣総理大臣は、第一項（第百七十八条第一項第十七一号に掲げる事実があると認める場合に限る。以下この項において同じ。）又は前項の決定をしなければならない場合において、既に第一項、前項、この項、第十六項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）、第十七項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）又は第十五八項（同号に掲げる事実があると認める場合に限る。以下この項において同じ。）の規定によりなされた一以上の決定に係る募集等業務（以下この項において「既決定」という。）に係る発行者等情報と同一の募集等業務に関し行われた違反行為記載対象事業年度に係る発行者等情報について一以上の決定（以下この項において「新決定」という。）をしなければならないときは、当該新決定について、第百七十五条の二第一項若しくは第二項二条の十一第一項の規定又は前項の規定による額に代えて、それぞれの違反行為に係る同条第一項第二号イ又は第二項第一号に掲げる額から第二号イに掲げる額にを控除した額を内閣府令で定めるところによりそれぞれの新決定に係る事実について個別決定ごとの算出額に応じて按分して得た額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。ただし、第一号に掲げる額が第二号に掲げる額を超えないときは、同条第一項の規定又は前項の規定による課徴金の納付を命ずることができない。

• AddedArticle 185-7, paragraph (13), item (i)

  the highest of the amount calculated for each decision in respect of each fact subject to a prior decision or a new decision;

  それぞれの既決定及び新決定に係る事実について個別決定ごとの算出額のうち最も高い額

• AddedArticle 185-7, paragraph (13), item (ii)

  the sum of the amount of administrative monetary penalty under the provisions of Article 172-11, paragraph (1), the preceding paragraph, this paragraph, and paragraphs (16) through (18) in connection with the prior decisions.

  当該既決定に係る第百七十二条の十一第一項の規定又は前項、この項若しくは第十六項から第十八項までの規定による課徴金の額を合計した額

• ChangedArticle 185-7, paragraph (14)

  IfWhen the Prime Minister is required to issue the decision referred to indecisions under paragraph (1) (limited to a case where the Prime Minister findsdecision related to have occurred any of the following: a fact set forth in Article 178, paragraph (1), item (ii) that falls under Article 172-2, paragraph (1) (including as applied mutatis mutandis pursuantxvii)) in relation to paragraph (4) of that Article; hereinaftertwo or more violations (meaning the same applies in this paragraph); a fact set forthviolation prescribed in Article 178, paragraph (1), item (iv) that falls under Article 172-4175-2, paragraph (1) or (2); a fact set forth in Article 178, paragraph (1), item (vii); a fact set forth in Article 178, paragraph (1), item (x) that falls under Article 172-10, paragraph (1); a fact set forth in Article 178, paragraph (1), item (xi); a fact set forth in Article 178, paragraph (1), item (xi)-2; or a fact set forth, and including the specified act of providing information, etc. prescribed in Article 178, paragraph (1), item (xvi) that falls under Article 175, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (9paragraphs (13) and (14) of that Article); hereinafter the same applies in this paragraph), or and the decision referred to infollowing paragraph (6), (7), (10), or (11) (in the case where the Prime Minister finds to have occurred the fact set forth) committed in Article 178, paragraph (1), item (xvi) that falls under Article 175, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (9) of that Article), this is limitedrelation to a case where the purchase and sale, etc. prescribed in Article 166, paragraph (1) involving that fact is an acquisitionsame business of own shares by the listed companypublic offering, etc. prescribed in Article 175, paragraph (9) pursuant to , the provisions of Article 156, paragraph (1) of the Companies Act (including as applied pursuant to the provisions of Article 163 and Article 165, paragraph (3) of that Act following the deemed replacement of terms) or a foreign law or regulation that is equivalent to those provisions, or any other case specified by Cabinet Office Order as being equivalent to this), and a person set forth in Column 1 of the following table has reported the fact to the Prime Minister pursuant to the provisions of Cabinet Office Order before the disposition set forth in Column 3 of that table is carried out with regard to the fact that falls under the provisions set forth in Column 2 of that table, in lieu of the amount set forth in Column 4 of that table, the Prime Minister must issue an order for the relevant person to payto pay to the national treasury an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount arrived at when that amount is multipliedobtained by 50 percent. Column 1 Column 2 Column 3 Column 4 An issuer prescribedadding the amount set forth in Article 172-2, paragraph (1) Article 172-2, paragraph (1) Any of an order to submit reports or materials or an inspection of books, documents, and other articles under Article 26, paragraph (1) (including as applied mutatis mutandis pursuant to Article 27),, item (ii), (a) or the dispositions set forth in the items of Article 177, paragraph (1) The amount under Article 172-2, paragraph (1) (where the decision under paragraph (1) is required with regard to the submission of two or more disclosure documents for offerings (meaning the disclosure documents for offerings prescribed in paragraph (32), item (ii), (a) of that Article; hereinafter the same applies in this paragraph) or with regard to a secondary distribution pertaining to prospectuses, limited to the amount pertaining to the submission of the disclosure document for offerings, or the secondary distribution pertaining to a prospectus, for which the commencement of the submission or the secondary distribution is the latest) An issuer prescribed in Article 172-4, paragraph (1) or (2) Article 172-4, paragraph (1) or (2) Any of an order to submit reports or materials or an inspection of books, documents, and other articles under Article 26, paragraph (1) (including as applied mutatis mutandis pursuant to Article 27), orobtained by dividing the dispositionsamount set forth in the items of Article 177, paragraph (1) The amount under Article 172-4, paragraph (1) or (2, item (ii), or Article 185-7, paragraph (6(b) or (7) (where the decision under paragraph (1), (62), or (7) is required with regard to the submission of two or more annual securities reports, etc. or semiannual securities or extraordinary reports, etc., limited to the amount pertaining to the latest such submission of an annual securities report, etc. or semiannual securities or extraordinary report, etc.) A person prescribed in Article 172-7 Article 172-7 Either an order to submit reports or materials under Article 27-30, paragraph (1) or an inspection item (ii), (b) of books, documents, and other articles The amount underthat Article 172-7 (whereby the decision under paragraph (1) is required with regard to two or more statementsnumber of large-volume holdings or changes, limited to the amount pertaining to the statement of large-volume holdings or changes whose submission deadline issuch decisions, for the latest) An issuer prescribed in Article 172-10, paragraph (1) Article 172-10, paragraph (1) Any of an order to submit reports or materials or an inspection of books, documents, and other articles under Article 27-35, paragraph (1), or the dispositions set forth respective violations, in the items of Article 177, paragraph (1) The amount under Article 172-10, paragraph (1) (where the decision under paragraph (1) is required with regard to the provision or publication of two or more pieceslieu of specified information on securities, etc., limited to the amount pertaining to the latest such provision or publication) An issuer prescribed in Article 172-11, paragraph (1) Article 172-11, paragraph (1) Any of an order to submit reports or materials or an inspection of books, documents, and other articles under Article 27-35, paragraph (1), or the dispositions set forth in the items of Article 177, paragraph (1) The amount under Article 172-11, paragraph (1), or Article 185-7175-2, paragraph (10) or (11) (where the decision under paragraph (1), (10), or (11) is required with regard to the provision or publication of two or more pieces of information on1) (including the issuer, etc., limited to the amount pertainingcases where applied mutatis mutandis pursuant to the latest such provision or publication) A specified involved person prescribed in Article 172-12, paragraph (1) Article 172-12, paragraph (1) (excluding the case where a person set forth in item (ii13) of that paragraph has submitted the documents specified in that item) Any of an order to submit reports or materials or an inspection of books, documents, and other articles under Article 26, paragraph (1) (including as applied mutatis mutandis pursuant to Article 27), or; hereinafter the dispositions set forthsame applies in the items of Article 177, paragraph (1) The amount under Article 172-12,this paragraph (1) A person prescribed in Article 175,and the following paragraph (1) or a listed company, etc. prescribed in paragraph (92) of that Article Article 175, paragraph (1) ( (including as applied mutatis mutandis pursuant to paragraph (914) of that Article) Any of; hereinafter the dispositions set forthsame applies in the items of Article 177, paragraph (1) The amount under Article 175, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (9) of that Article) (where the decision underthis paragraph (1) is required with regard to two or more purchases and sales, etc. prescribed in Article 166,the following paragraph (1), limited to the amount pertaining to the latest such purchase and sale, etc.)).

  内閣総理大臣は、第一項（第百七十八条第一項第二号に掲げる事実のうち第百七十二条の二第一項（同条第四項において準用する場合を含む。以下この項において同じ。）に該当する事実、同一の募集等業務に関し行われた二以上の違反行為（第百七十八条第一項第四号に掲げる事実のうち第百七十二条の四五条の二第一項若しく又は第二項に該当する事実、第百七十八条第一項第七号に掲げる事実、同項第十号に掲げる事実のうち第百七十二条の十第一項に該当する事実、第百七十八条第一項第十一号に掲げる事実、同項第十一号の二に掲げる事実又は同項第十六号に掲げる事実のうち第百七十五条第一項（同条第九項において準用する場合規定する違反行為をいい、同条第十三項及び第十四項に規定する特定伝達等行為を含む。）に該当する事実があると認める場合に限る。以下この項及び次項において同じ。）、第六項、第七項、第十項又は第十一項の決定をしなければならない場合（同号に掲げる事実のうち同条第一項（同条第九項において準用する場合を含む。）に該当する事実があると認める場合にあつては、当該事実に係る第百六十六条第一項に規定する売買等が、について第一項の決定（第百七十五条第九項に規定する上場会社等による会社法第百五十六八条第一項（同法第百六十三条及び第百六十五条第三項の規定により読み替えて適用する場合を含む。）の規定又はこれらに相当する外国の法令の規定による自己の株式の取得である場合その他これに準ずる場合として内閣府令で定める場合に第十七号に係るものに限る。）において、次の表の第一欄に掲げる者が、同表の第二欄に掲げる規定に該当する事実について同表の第三欄に掲げる処分が行われる前に、当該事実を内閣府令で定めるところにより内閣総理大臣に報告しているときは、同表の第四欄に掲げる額に代えて、当該額に百分の五十を乗じて得た額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしをしなければならない。 第一欄 第二欄 第三欄 第四欄 ときは、第百七十二五条の二第一項に規定する発行者 第百七十二条の二第一項 第二十六条第一項（第二十七条（同条第十三項において準用する場合を含む。）の規定による報告若しくは資料の提出の命令若しくは帳簿書類その他の物件の検査又は第百七十七条第一項各号に掲げる処分のいずれか 第百七十二条の二第一項の規定による額（二以上の発行開示書類（同条第三項に規定する発行開示書類をいう。以以下この項及び次項において同じ。）の提出又は目論見書に係る売出しについて第一項の決定をしなければならない場合には、当該発行開示書類の提出又は目論見書に係る売出しのうち当該提出又は当該売出しの開始が最も遅いものに係る額に限る。） 第百七十二条の四第一項又は第二項に規定する発行者 第百七十二条の四第一項又は第二項 第二十六条第一項（第二十七条又は第二項（同条第十四項において準用する場合を含む。）の規定による報告若しくは資料の提出の命令若しくは帳簿書類その他の物件の検査又は第百七十七条第一項各号に掲げる処分のいずれか 第百七十二条の四第一項若しくは第二項又は本条第六項若しくは第七項の規定による額（二以上の有価証券報告書等又は半期・臨時報告書等の提出について第一項、第六項又は第七項の決定をしなければならない場合には、当該有価証券報告書等又は半期・臨時報告書等の提出のうち最も遅いものに係る額に限る。） 第百七十二条の七に規定する者 第百七十二条の七 第二十七条の三十第一項の規定以下この項及び次項において同じ。）の規定による報告若しくは資料の提出の命令又は帳簿書類その他の物件の検査のいずれか 第百七十二条の七の規定による額（二以上の大量保有・変更報告書額に代えて、それぞれの違反行為について第一項の決定をしなければならない場合には、当該大量保有・変更報告書のうちその提出期限が最も遅いものに係る額に限る。） 第百七十二条の十第一項に規定する発行者 第百七十二条の十、同条第一項 第二十七条の三十五第一項の規定による報告若しくは資料の提出の命令若しくは帳簿書類その他の物件の検査第二号イ又は第百七十七条第一項各号二項第二号イに掲げる処分のいずれか 第百七十二条の十第一項の規定による額（二以上の特定証券等情報の提供又は公表について第一項の決定をしなければならない場合には、当該提供又は公表のうち最も遅いものに係る額に限る。） 第百七十二条の十一第一項に規定する発行者 第百七十二条の十一額に、同条第一項 第二十七条の三十五第一項の規定による報告若しくは資料の提出の命令若しくは帳簿書類その他の物件の検査第二号ロ又は第百七十七条第一項各号二項第二号ロに掲げる処分のいずれか 第百七十二条の十一第一項又は本条第十項若しくは第十一項の規定による額（二以上の発行者等情報の提供又は公表について第一項、第十項又は第十一項の決定をしなければならない場合には、当該提供又は公表のうち最も遅いものに係る額に限る。） 第百七十二条の十二第一項に規定する特定関与者 第百七十二条の十二第一項（同項第二号に掲げる者が同号に定める書類を提出した場合を除く。） 第二十六条第一項（第二十七条において準用する場合を含む。）の規定による報告若しくは資料の提出の命令若しくは帳簿書類その他の物件の検査又は第百七十七条第一項各号に掲げる処分のいずれか 第百七十二条の十二第一項の規定による額 第百七十五条第一項に規定する者又は同条第九項に規定する上場会社等 第百七十五条第一項（同条第九項において準用する場合を含む。） 第百七十七条第一項各号に掲げる処分のいずれか 第百七十五条第一項（同条第九項において準用する場合を含む。）の規定による額（二以上の第百六十六条第一項に規定する売買等について第一項額を当該決定の件数で除して得た額を加えた額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない場合には、当該売買等のうち最も遅いものに係る額に限る。）。

• ChangedArticle 185-7, paragraph (15)

  IfWhen the Prime Minister is required to issue thea decision referred to inunder paragraph (1), paragraph (2), paragraphs (4) through (8), or paragraph (10) through the preceding paragraph, and the person subject (limited to the decision that is set forth in the left column of the following table was, within five years counting back from the date set forth in the middle column of that table, subject to an administrative monetary penalty payment order as providedcases where any fact specified in Article 185-15178, paragraph (1) (if, in connection with that administrative monetary penalty payment order, the action referred to in Article 185-18, paragraph (1, item (xvii) has been filed, this is limited to a case wherefound; hereinafter the judicial decision on that action has become final and binding) or to a decision as providedsame applies in paragraph (18) (limited to a decision to the effect that paragraph (3), the proviso to paragraph (5), the proviso to paragraph (7), paragraph (9), the proviso tothis paragraph (11), the proviso to the following paragraph, ) or the proviso topreceding paragraph (17) applies), in lieu of the amount set forth in the provisions specified in the right-hand column of that table,, if the Prime Minister must issue an order for the relevant person to pay an administrative monetary penalty to the national treasury in an amount that is equivalentneeds to 150 percent of that amount. A person prescribed in Article 172, paragraph (1) the day on which any of the following was commenced: the public offering or secondary distribution of securities for which a notification under Article 4, paragraph (1) is required, the general solicitation involving securities acquired by a qualified institutional investor for which a notification under Article 4, paragraph (2) is required, or the general solicitation involving securities acquired by a professional investor for which a notification under Article 4, paragraph (3) is required Article 172, paragraph (1) or Article 185-7, paragraph (2) An issuer prescribed in Article 172, paragraph (2)issue one or a person prescribed in that paragraph the day on which, in violation of the provisions of Article 15, paragraph (1) (including as applied mutatis mutandis pursuantmore decisions (hereinafter referred to Article 27),as the securities prescribed in that paragraph were caused to be acquired or were sold through a public offering or a secondary distribution prescribed"new decision" in Article 172, paragraph (2) Article 172, paragraph (2) or Article 185-7,this paragraph (2) A person prescribed in Article 172, paragraph (3) ) for the day on which, in violation of the provisions of Article 15, paragraph (2) (including as applied mutatis mutandis pursuant to Article 27), securities were sold through a secondary distribution prescribed in Article 172, paragraph (3) without delivering a prospectus Article 172, paragraph (3) An issuer prescribed in Article 172, paragraph (4) or a person prescribed in that paragraph the day on which,conducted in violation of the provisions of Article 23-8, paragraph (1) (including as applied mutatis mutandis pursuantrelation to Article 27), the securities prescribed in that paragraph were caused to be acquired or were sold through asame business of public offering or a secondary distribution prescribed in Article 172, paragraph (2) Article 172, paragraph (2) as applied mutatis mutandis pursuant to Article 172, paragraph (4) An issuer prescribed in Article 172-2, paragraph (1) or its officer, , etc. prescribed in paragraph (2) of that Article the day on which a disclosure document for offerings prescribed in Article 172-2, paragraph (3) that contains a false statement about a material particular or omits a statement as to a material particular that is requiredrelated to be stated was submitted Article 172-2, paragraph (1) or (2),one or the preceding paragraph (limited to a case where the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (ii) that fallsmore decisions already issued under Article 172-2, paragraph (1) to have occurred) An issuer prescribed in Article 172-2, paragraph (4) or its officer, etc. prescribed in paragraph (2) of that Article , the day on which the secondary distribution prescribed in Article 172, paragraph (3) pertaining to a prospectus that contains a false statement about a material particular prescribed in Article 172-2, paragraph (4) or omits a statement as to a material particular prescribed in that paragraph that is required to be stated was commenced Article 172-2, paragraph (1) as applied mutatis mutandis pursuant to paragraph (4) of that Article, Article 172-2, paragraph (2) as applied mutatis mutandis pursuant to paragraph (5) of that Article, or the preceding paragraph (limited to a case where the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (ii) that falls under Article 172-2, paragraph (1) as applied mutatis mutandis pursuant to paragraph (4) of that Article to have occurred) An issuer prescribed in Article 172-2, paragraph (6) the day on which securities were caused to be acquired or were sold through a public offering or a secondary distribution prescribed in Article 172, paragraph (2) without submitting an amended offering disclosure document Article 172-2, paragraph (6) An issuer prescribed in the paragraphs of Article 172-3 the respective submission deadlines for the annual securities report or the semiannual securities report (for the annual securities report under Article 24, paragraph (3) (including as applied mutatis mutandis pursuant to paragraph (5) of that Article, and these provisions including as applied mutatis mutandis pursuant to Article 27), the day on which the grounds arose on which that annual securities report must be submitted) Article 172-3, paragraph (1) or (2), or Article 185-7, paragraph (4) or (5) An issuer prescribed in Article 172-4, paragraph (1) or (2) the respective days of submission of the annual securities report, etc. or the semiannual securities or extraordinary report, etc. that contains a false statement about a material particular or omits a statement as to a material particular that is required to be stated Article 172-4,, this paragraph (1) or (2), or Article 185-7, paragraph (6), (7), or the preceding paragraph 17) (limited to a case where the Prime Minister finds acases where any fact set forthspecified in Article 178, paragraph (1),that item (iv) to have occurred) An issuer prescribed in Article 172-4, paragraph (3) has been found), the day on which the grounds arose on which an extraordinary reportPrime Minister must be submitted Article 172-4, paragraph (2) as applied mutatis mutandis pursuant to paragraph (3) of that Article, or Article 185-7, paragraph (6) or (7) A person prescribed in Article 172-5 the day on which, in violation of the provisions of Article 27-3, paragraph (1) (including as applied mutatis mutandis pursuant to Article 27-22-2, paragraph (2)), a purchase, etc. prescribed in Article 27-2, paragraph (1) or Article 27-22-2, paragraph (1) of the share certificates, etc. prescribed in Article 27-2, paragraph (1) or of listed share certificates, etc. was made without giving a public notice of the commencement of a tender offer Article 172-5 A person prescribed in Article 172-6, paragraph (1) the day on which a public notice of the commencement of a tender offer, etc. that contains a false indication of a material particular or omitsissue an indication of a material particular that is required to be indicated was given, or the day on which a tender offer statement, etc. that contains a false statement about a material particular or omits a statement asorder to a material particular that is requiredpay to be stated was submitted Article 172-6, paragraph (1) or Article 185-7, paragraph (8) A person prescribed in Article 172-6, paragraph (2) the submission deadline for the amended tender offer statement, etc. (for an amended statement under Article 27-8, paragraph (2) (including as applied mutatis mutandis pursuant to Article 27-22-2, paragraph (2)) ornational treasury an amendment report under Article 27-8, paragraph (2) as applied mutatis mutandis pursuant to Article 27-10, paragraph (12), the day on which the grounds arose on which each of those documents must be submitted) Article 172-6, paragraph (1) as applied mutatis mutandis pursuant to paragraph (2) of that Article, or Article 185-7, paragraph (8) A person prescribed in Article 172-7 the submission deadline for the statement of large-volume holdings or changes Article 172-7 or the preceding paragraph (limited to a case where the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (vii) to have occurred) A person prescribed in Article 172-8 the day on which a statement of large-volume holdings or changes, etc. that contains a false statement about a material particular or omits a statement as to a material particular that is required to be stated was submitted Article 172-8 A person prescribed in Article 172-9 the day on which the specified solicitation, etc. was commenced Article 172-9 An issuer prescribed in Article 172-10, paragraph (1) or its officer, etc. prescribed in Article 172-2, paragraph (2) the day on which specified information on securities, etc. that contains a falsehood, etc. was provided or publicized Article 172-10, paragraph (1) or (2), or the preceding paragraph (limitedadministrative monetary penalty equivalent to a case where the Prime Minister finds a factamount set forth in Article 178, paragraph (1), item (x) to have occurred) An issuer prescribed in Article 172-11, paragraph (1) the day on which information on the issuer, etc. that contains a falsehood, etc. was provided or publicized Article 172-11, paragraph (1),ii), (a) or Article 185-7, paragraph (10), (11), or the preceding paragraph (limited to a case where the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (xi) to have occurred) A specified involved person prescribed in Article 172-12, paragraph (1) the day on which the specified involvement act prescribed in Article 172-12, paragraph (2) was commenced Article 172-12, paragraph (1) or the preceding paragraph (limited to a case where the Prime Minister finds a fact set forth in Article 178, paragraph (1), 2), item (xi)-2 to have occurred) A violator prescribed in Article 173, paragraph (1) the day on which the violation prescribed in Article 173, paragraph (1) was commenced Article 173, paragraph (1) A violator prescribed in Article 174, paragraph (1) the day on which the violation prescribed in Article 174, paragraph (1) was commenced Article 174, paragraph (1) A violator prescribed in Article 174-2, paragraph (1) the day on which the violation prescribed in Article 174-2, paragraph (1) was commenced Article 174-2, paragraph (1) A violator prescribed in Article 174-3, paragraph (1) the day on which the violation prescribed in Article 174-3, paragraph (1) was commenced Article 174-3, paragraph (1) A person prescribed in Article 175, paragraph (1ii), a person prescribed in paragraph (2) of that Article, or a listed company, etc. prescribed in paragraph (9(a) of that Article the day on which the purchase and sale, etc. prescribed in Article 166, paragraph (1) was conducted, or the day on which the purchase, etc. of the specified share certificates, etc. or 175-2 related share certificates, etc. prescribed in Article 167, paragraph (1), or the sale, etc. ofto the share certificates, etc. prescribed respective violations, in that paragraph, was conducted Article 175, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (9) of that Article) or paragraph (2)lieu of that Article, or the preceding paragraph (limited to a case where the Prime Minister finds a factamount set forth in Article 178, paragraph (1), item (xvi) to have occurred) A violator prescribed in Article 175-2, paragraph (1), a violator prescribed in paragraph (2) of that Article, a listed company, etc. prescribed in paragraph (13) of that Article, or a tender offeror, etc. prescribed in paragraph (14) of that Article the day on which the violation prescribed inprovisions of Article 175-2, paragraph (1) or (2), or the specified actprovisions of providing information, etc. prescribed inthe preceding paragraph (13) or (14) of that Article, was conducted Article 175-2, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (13) of that Article) or paragraph (2) (including as applied mutatis mutandis pursuant, with regard to paragraph (14) of that Article), or Article 185-7, paragraph (12) or (13)the new decision.

  内閣総理大臣は、第一項、第二項、第四項から第八項まで又は第十項から前項までの規定により決定をしなければならない場合において、当該決定を受けるべき次の表の上欄に掲げる者が、同表の中欄に掲げる日から遡り五年以内に、第百八十五条の十五第一項に規定する課徴金納付命令（当該課徴金納付命令に係る第百八十五条の十八第一項の訴えの提起があつたときは、当該訴えに係る裁判が確定している場合に限る。）又は第十八項に規定する決定（第三項、第五項ただし書、第七項ただし書、第九項、第十一項ただし書、次項ただし書又は第十七項ただし書に該当する旨の決定に限る。）を受けたことがあるときは、同表の下欄に掲げる規定による額に代えて、当該額の一・五倍に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。 第百七十二条第一項に規定する者 第四条第一項の規定による届出を必要とする有価証券の募集若しくは売出し、同条第二項の規定による届出を必要とする適格機関投資家取得有価証券一般勧誘又は同条第三項の規定による届出を必要とする特定投資家等取得有価証券一般勧誘を開始した日 第百七十二条第一項又は本条第二項 第百七十二条第二項に規定する発行者又は同項に規定する者 第十五条第一項（第二十七条において準用する場合を含む。）の規定に違反して、同項に規定する有価証券を募集又は第百七十二条第二項に規定する売出しにより取得させ、又は売り付けた日 第百七十二条第二項又は本条第二項 第百七十二条第三項に規定する者 第十五条第二項（第二十七条において準用する場合を含む。）の規定に違反して、目論見書を交付しないで第百七十二条第三項に規定する売出しにより有価証券を売り付けた日 第百七十二条第三項 第百七十二条第四項に規定する発行者又は同項に規定する者 第二十三条の八第一項（第二十七条において準用する場合を含む。）の規定に違反して、同項に規定する有価証券を募集又は第百七十二条第二項に規定する売出しにより取得させ、又は売り付けた日 第百七十二条第四項において準用する同条第二項 第百七十二条の二第一項に規定する発行者又はその同条第二項に規定する役員等 重要な事項につき虚偽の記載があり、又は記載すべき重要な事項の記載が欠けている第百七十二条の二第三項に規定する発行開示書類を提出した日 第百七十二条の二第一項若しくは第二項又は前項（第百七十八条第一項第二（第百七十八条第一項第十七号に掲げる事実のうち第百七十二条の二第一項に該当する事実があると認める場合に限る。） 第百七十二条の二第四項に規定する発行者又はその同条第二項に規定する役員等 第百七十二条の二第四項に規定する重要な事項につき虚偽の記載があり、又は記載すべき同項に規定する重要な事項の記載が欠けている目論見書に係る第百七十二条第三項に規定する売出しを開始した日 第百七十二条の二第四項において準用する同条第一項若しくは同条第五項において準用する同条第二項又は前項（第百七十八条第一項第二号に掲げる事実のうち第百七十二条の二第四以下この項において準用する同条第一項に該当する事実があると認める場合に限る。） 第百七十二条の二第六項に規定する発行者 発行開示訂正書類を提出しないで募集又は第百七十二条第二項に規定する売出しにより有価証券を取得させ、又は売り付けた日 第百七十二条の二第六項 第百七十二条の三各項に規定する発行者 有価証券報告書又は半期報告書のそれぞれの提出期限（第二十四条第三項（同条第五項において準用し、及びこれらの規定を第二十七条において準用する場合を含む。）の規定による有価証券報告書にあつては当該有価証券報告書を提出同じ。）又は前項の決定をしなければならない事由が生じた日） 第百七十二条の三第一項若しくは第二項又は本条第四項若しくは第五項 第百七十二条の四場合において、既に第一項又は第二項に規定する発行者 重要な事項につき虚偽の記載があり、又は記載すべき重要な事項の記載が欠けている有価証券報告書等又は半期・臨時報告書等のそれぞれを提出した日 第百七十二条の四第一項若しくは第二項又は本条第六項、第七項若しくは前項（第百七十八条第一項第四、前項、この項又は第十七項（同号に掲げる事実があると認める場合に限る。） 第百七十二条の四第三項に規定する発行者 臨時報告書を提出しなければならない事由が生じた日 第百七十二条の四第三項において準用する同条第二項又は本条第六項若しくは第七項 第百七十二条の五に規定する者 第二十七条の三第一項（第二十七条の二十二の二第二項において準用する場合を含む。）の規定に違反して、公開買付開始公告を行わないで第二十七条の二第一項に規定する株券等又は上場株券等の同項又は第二十七条の二十二の二第一項に規定する買付け等がの規定によりなされた一以上の決定に係る募集等業務と同一の募集等業務に関し行われた日 第百七十二条の五 第百七十二条の六第一項に規定する者 重要な事項につき虚偽の表示があり、若しくは表示すべき重要な事項の表示が欠けている公開買付開始公告等を行つた日又は重要な事項につき虚偽の記載があり、若しくは記載すべき重要な事項の記載が欠けている公開買付届出書等を提出した日 第百七十二条の六第一項又は本条第八項 第百七十二条の六第二項に規定する者 公開買付訂正届出書等の提出期限（第二十七条の八第二項（第二十七条の二十二の二第二違反行為について一以上の決定（以下この項において準用する場合を含む。）の規定による訂正届出書又は第二十七条の十第十二項において準用する第二十七条の八第二項の規定による訂正報告書にあつては、これらの書類のそれぞれを提出「新決定」という。）をしなければならない事由が生じた日） 第百七十二条の六第二項において準用する同条第一項又は本条第八項 第百七十二条の七に規定する者 大量保有・変更報告書の提出期限 第百七十二条の七又は前項（第百七十八条第一項第七号に掲げる事実があると認める場合に限る。） 第百七十二条の八に規定する者 重要な事項につき虚偽の記載があり、又は記載すべき重要な事項の記載が欠けている大量保有・変更報告書等を提出した日 第百七十二条の八 第百七十二条の九に規定する者 特定勧誘等を開始した日 第百七十二条の九 第百七十二条の十第一項に規定する発行者又はその第百七十二条の二第二項に規定する役員等 虚偽等のある特定証券等情報を提供し、又は公表した日 ときは、当該新決定について、第百七十二条の十第一項若しくは第二項又は前項（第百七十八条第一項第十号に掲げる事実があると認める場合に限る。） 第百七十二条の十一第一項に規定する発行者 虚偽等のある発行者等情報を提供し、又は公表した日 第百七十二条の十一五条の二第一項又は本条第十項、第十一項若しくは前項（第百七十八条第一項第十一号に掲げる事実があると認める場合に限る。） 第百七十二条の十二第一項に規定する特定関与者 第百七十二条の十二第二項に規定する特定関与行為が開始された日 第百七十二条の十二第一項第二項の規定又は前項（第百七十八条第一項第十一号の二に掲げる事実があると認める場合に限る。） 第百七十三条第一項に規定する違反者 第百七十三条第一項に規定する違反行為が開始された日 第百七十三条第一項 第百七十四条第一項に規定する違反者 第百七十四条第一項に規定する違反行為が開始された日 第百七十四条第一項 第百七十四条の二第一項に規定する違反者 第百七十四条の二第一項に規定する違反行為が開始された日 第百七十四条の二第一項 第百七十四条の三第一項に規定する違反者 第百七十四条の三第一項に規定する違反行為が開始された日 第百七十四条の三第一項 第百七十五条第一項に規定する者、同条第二項に規定する者又は同条第九項に規定する上場会社等 第百六十六条第一項に規定する売買等が行われた日又は第百六十七条第一項に規定する特定株券等若しくは関連株券等に係る買付け等若しくは同項に規定する株券等に係る売付け等が行われた日 第百七十五の規定による額に代えて、それぞれの違反行為に係る同条第一項（同条第九項において準用する場合を含む。）若しくは第二項又は前項（第百七十八条第一項第十六号第二号イ又は第二項第二号イに掲げる事実があると認める場合に限る。） 第百七十五条の二第一項に規定する違反者、同条第二項に規定する違反者、同条第十三項に規定する上場会社等又は同条第十四項に規定する公開買付者等 第百七十五条の二第一項若しくは第二項に規定する違反行為又は同条第十三項若しくは第十四項に規定する特定伝達等行為が行われた日 第百七十五条の二第一項（同条第十三項において準用する場合を含む。）若しくは第二項（同条第十四項において準用する場合を含む。）又は本条第十二項若しくは第十三項額に相当する額の課徴金を国庫に納付することを命ずる旨の決定をしなければならない。

This article's changes go on in the next part.