Financial Instruments and Exchange Act

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 172-13; Article 172-14, paragraph (1) or (2); Article 172-15, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (2) of that Article); Article 172-16, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (2) of that Article) or paragraph (3) of that Article (including as applied mutatis mutandis pursuant to paragraph (4) of that Article); Article 172-17, paragraphs (1) through (3); Article 172-18, paragraphs (1) through (3); Article 172-19, paragraph (1) (including as applied mutatis mutandis pursuant to paragraphs (3) and (5) of that Article) or paragraph (2) of that Article (including as applied mutatis mutandis pursuant to paragraphs (4) and (6) of that Article); Article 173, paragraph (1); Article 174, paragraph (1); Article 174-2, paragraph (1); Article 174-2-2, paragraph (1); Article 174-3, paragraph (1); Article 175, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (10) of that Article) or paragraph (2) of that Article; Article 175-2, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (14) of that Article) or paragraph (2) of that Article (including as applied mutatis mutandis pursuant to paragraph (15) of that Article); Article 175-3, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (12) of that Article), paragraph (2) of that Article (including as applied mutatis mutandis pursuant to paragraph (13) of that Article), or paragraph (3) of that Article; Article 175-4, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (19) of that Article), paragraph (2) of that Article (including as applied mutatis mutandis pursuant to paragraph (20) of that Article), or paragraph (3) of that Article (including as applied mutatis mutandis pursuant to paragraph (21) of that Article); or Article 175-5 to the national treasury.

If the Prime Minister is required to issue the decision referred to the preceding paragraph in connection with a fact that falls under Article 172, paragraph (1) and a fact that falls under Article 172, paragraph (2) for the same public offering or secondary distribution (limited to a decision under Article 178, paragraph (1), item (i)), in lieu of the amount under Article 172, paragraph (1) or (2), 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 calculated pursuant to paragraph (1) of that Article is proportionally divided in parallel with the amounts calculated pursuant to paragraph (1) and paragraph (2) of that Article in respect of each fact subject to a decision.

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 (25) (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.

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 (iii)) in connection with the submission of ongoing disclosure documents (meaning an annual securities report or a semiannual securities report; the same applies in the following paragraph) covering the same business year subject to disclosure, for each of the fact that falls under Article 172-3, paragraph (1) and the fact that falls under paragraph (2) of that Article, 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 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 calculated pursuant to paragraph (1) of that Article is proportionally divided in parallel with the amount calculated for each decision (meaning the amount calculated pursuant to Article 172-3, paragraph (1) or (2) in respect of the fact subject to each decision).

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 (25) (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):

the amount calculated pursuant to Article 172-3, paragraph (1);

the amount of the administrative monetary penalty under the provisions of Article 172-3, paragraph (1) or (2) or paragraph (25) of this Article related to that prior decision.

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 (26) (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:

the highest of the amounts calculated pursuant to Article 172-4, paragraph (1) for the fact that has occurred in respect of the decision, for each annual securities report, etc.;

the highest of the amounts arrived at when the amount calculated pursuant to Article 172-4, paragraph (2) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article) for the fact that has occurred in respect of the decision is multiplied by two, for each semiannual securities or extraordinary report, etc.

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 (22) (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 (25) (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 (26) (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:

the sum total of the amounts calculated for each decision, in respect of each fact subject to a prior decision and to a new decision (if this amount exceeds the higher of the amounts set forth in the following (a) or (b), this means the higher of those amounts):

the highest of the amounts calculated pursuant to Article 172-4, paragraph (1) in respect of each fact subject to a prior decision and to a new decision for each annual report, etc.; or

the highest of the amounts arrived at when the amounts calculated pursuant to Article 172-4, paragraph (2) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article) in respect of each fact subject to a prior decision and to a new decision for each semiannual securities or extraordinary report, etc., are multiplied by two;

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 (22), (25) and (26), in connection with the prior decisions.

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)-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 business year, in lieu of the amount set forth in Article 172-4-2, paragraph (1), 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 amounts calculated pursuant to that paragraph in respect of the fact subject to each decision (hereinafter in this paragraph and the following paragraph referred to as the "amount calculated for each individual decision") is proportionally divided in parallel with the respective amounts calculated for each individual decision, pursuant to the provisions of Cabinet Office Order.

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)-2 to have occurred; hereinafter the same applies in this paragraph) or 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 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 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 preceding paragraph, in lieu of the amount set forth in the provisions of Article 172-4-2, 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 (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 order for payment of an administrative monetary penalty under the provisions of paragraph (1) of that Article or the provisions of the preceding paragraph:

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

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.

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 a tender offer, etc. or a tender offer statement, etc.; the same applies in the following paragraph) for the same tender offer (limited to a decision under Article 178, paragraph (1), item (vi)), in lieu of the amount set forth in Article 172-6, 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 amount calculated pursuant to paragraph (1) of that Article is divided proportionally in parallel with the amounts calculated pursuant to that paragraph (including as applied mutatis mutandis pursuant to paragraph (2) of that Article) in respect of each fact subject to a decision.

If the Prime Minister has already issued a decision pursuant to paragraph (1) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (1), item (vi) to have occurred; hereinafter the same applies in this paragraph), the preceding paragraph, or paragraph (25) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (1), item (vi) to have occurred) in connection with a tender offer document, etc., the Prime Minister may not issue a new decision pursuant to paragraph (1) or the preceding paragraph in connection with a tender offer document, etc. linked to the same tender offer as that tender offer document, etc.

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 issuer, 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, etc. or that corrects a deficiency of information about a material particular that is required to be provided or disclosed; the same applies in the following paragraph), in lieu of the amount under Article 172-11, paragraph (1), 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 amounts calculated pursuant to that paragraph 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 (26) (but only if the Prime Minister finds the fact set forth in Article 178, paragraph (1), item (xi) to have occurred)) is proportionally divided in parallel with the amount calculated for each decision, pursuant to the provisions of Cabinet Office Order.

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 (xi) 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, paragraph (22) (but only if 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), paragraph (25) (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 (26) (but only if 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 as a "prior decision" in this paragraph), in lieu of the amount set forth in the provisions of Article 172-11, paragraph (1) or the provisions of 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), 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:

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

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 (22), (25), and (26) in connection with the prior decisions.

Where the Prime Minister is required to make the decision under paragraph (1) (limited to that relating to Article 178, paragraph (1), item (xi)-6) with regard to two or more pieces of ongoing disclosed specified cryptoasset information for the same business year subject to publication (meaning periodic information on specified cryptoassets (including amended specified cryptoasset information, etc. relating to that periodic information on specified cryptoassets; the same applies hereafter in this paragraph, the following paragraph, paragraph (22), paragraph (25) and paragraph (42), item (i)) or extraordinary information on specified cryptoassets (including amended specified cryptoasset information, etc. relating to that extraordinary information on specified cryptoassets; the same applies hereafter in this paragraph, the following paragraph, paragraph (22), paragraph (25) and paragraph (42), item (ii)), and excluding amended specified cryptoasset information, etc. relating to that information; the same applies in the following paragraph), and the sum of the amounts calculated, for the facts relating to each decision, pursuant to the provisions of Article 172-16, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (2) of that Article; the same applies hereafter in this paragraph and the following paragraph) or paragraph (3) (including as applied mutatis mutandis pursuant to paragraph (4) of that Article; the same applies hereafter in this paragraph and the following paragraph) (hereinafter referred to as the "amount calculated for each individual decision" in this paragraph, the following paragraph and paragraph (26) (limited to the case where it is found that there is a fact set forth in Article 178, paragraph (1), item (xi)-6)) exceeds the higher of the amounts set forth in the following items, the Prime Minister must, in place of the amount under the provisions of Article 172-16, paragraph (1) or (3), make a decision to order payment to the national treasury of an administrative monetary penalty in an amount equivalent to the amount obtained by apportioning that higher amount in accordance with the amount calculated for each individual decision, as provided by Cabinet Office Order.

the highest of the amounts calculated pursuant to Article 172-16, paragraph (1) for the fact that has occurred in respect of the decision, for each piece of periodic information on specified cryptoassets; or

the highest of the amounts arrived at when the amount calculated pursuant to Article 172-16, paragraph (3) for the fact that has occurred in respect of the decision is multiplied by two, for each piece of extraordinary information on specified cryptoassets.

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 (xi)-6 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 ongoing disclosed specified cryptoasset information for the same business year subject to publication as ongoing disclosed specified cryptoasset information in connection with which the Prime Minister has already issued one or more decisions pursuant to paragraph (1), the preceding paragraph, this paragraph, paragraph (22) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (1), item (xi)-6 to have occurred; hereinafter the same applies in this paragraph), paragraph (25) (but only if the Prime Minister found the fact set forth in that Article 178, paragraph (1), item (xi)-6 to have occurred; hereinafter the same applies in this paragraph), or paragraph (26) (but only if the Prime Minister found the fact set forth in Article 178, paragraph (1), item (xi)-6 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 172-16, paragraph (1) or (3) or the provisions of 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), the Prime Minister may not issue an administrative monetary penalty payment order under the provisions of Article 172-16, paragraph (1) or (3) or the provisions of the preceding paragraph:

the amount obtained by totaling the amounts calculated for each individual decision for the facts relating to each prior decision and new decision (or, if that amount exceeds the higher of the amounts set forth in (a) or (b) below, that higher amount):

the highest of the amounts calculated pursuant to Article 172-16, paragraph (1) in respect of each fact subject to a prior decision and to a new decision for each periodic information on specified cryptoassets; or

the highest of the amounts arrived at when the amounts calculated pursuant to Article 172-16, paragraph (3) in respect of each fact subject to a prior decision and to a new decision for each extraordinary information on specified cryptoassets are multiplied by two;

the total of the amounts of administrative monetary penalties relating to the prior decision under the provisions of Article 172-16, paragraph (1) or (3) or under the provisions of the preceding paragraph, this paragraph, paragraph (22), paragraph (25) or paragraph (26).

In the case where the Prime Minister is required to issue the decision referred to in paragraph (1) (limited to that relating to Article 178, paragraph (1), item (xi)-9) in respect of two or more pieces of ongoing disclosed cryptoasset information (meaning cryptoasset information or extraordinary cryptoasset information (including amended cryptoasset information, etc. relating to that cryptoasset information or extraordinary cryptoasset information); the same applies in the following paragraph) concerning the same cryptoasset, if there is a period of overlap in the duration of the violation of the facts relating to the respective decisions, the Prime Minister must, in lieu of the amount calculated pursuant to the provisions of Article 172-19, paragraph (1) (including as applied mutatis mutandis pursuant to paragraphs (3) and (5) of that Article; the same applies in this paragraph and the following paragraph) or paragraph (2) (including as applied mutatis mutandis pursuant to paragraphs (4) and (6) of that Article; the same applies in this paragraph and the following paragraph) for the facts relating to the respective decisions, issue a decision ordering payment to the national treasury of an administrative monetary penalty in an amount equivalent to the total of the amounts specified in the following items according to the category of periods set forth in those items.

that overlapping period: the amount obtained by dividing the amount calculated pursuant to the provisions of Article 172-19, paragraph (1) or (2) for that overlapping period by the number of decisions relating to that overlapping period;

the period excluding that overlapping period: the amount calculated pursuant to the provisions of Article 172-19, paragraph (1) or (2) for that period.

If the Prime Minister is required to issue the decision referred to in paragraph (1) (limited to the case where the Prime Minister finds there to be a fact set forth in Article 178, paragraph (1), item (xi)-9; hereinafter the same applies in this paragraph) or the preceding paragraph, and must issue one or more decisions (limited to those relating to a fact set forth in that item for which there is a duration of the violation that overlaps with the duration of the violation of the fact relating to a prior decision; hereinafter each referred to as a "new decision" in this paragraph) in respect of ongoing disclosed cryptoasset information concerning a cryptoasset identical to the cryptoasset relating to one or more decisions already made pursuant to the provisions of paragraph (1), the preceding paragraph, this paragraph, paragraph (22) (limited to the case where the Prime Minister finds there to be a fact set forth in that item) or paragraph (25) (limited to the case where the Prime Minister finds there to be a fact set forth in that item) (hereinafter each referred to as a "prior decision" in this paragraph), the Prime Minister must, for that new decision, in lieu of the amount under the provisions of Article 172-19, paragraph (1) or (2) or the amount under the provisions of the preceding paragraph, issue a decision ordering payment to the national treasury of an administrative monetary penalty in an amount equivalent to the amount calculated pursuant to those provisions for the period excluding that overlapping duration of the violation; provided, however, that if there is no period excluding that overlapping duration of the violation, the Prime Minister may not order payment of an administrative monetary penalty under the provisions of paragraph (1) or (2) of that Article or the preceding paragraph.

When the Prime Minister is required to issue decisions under paragraph (1) (limited to the decision related to Article 178, paragraph (1), item (xvii)) in relation to two or more violations (meaning the violation prescribed in Article 175-2, paragraph (1) or (2), and including the specified act of providing information, etc. prescribed in paragraphs (14) and (15) of that Article; hereinafter the same applies in this paragraph and the following paragraph) committed in relation to the same business of public offering, etc., the Prime Minister must issue an order to pay to the national treasury an administrative monetary penalty in an amount equivalent to the amount obtained by adding the amount set forth in paragraph (1), item (ii), (a) or paragraph (2), item (ii), (a) of that Article to the amount obtained by dividing the amount set forth in paragraph (1), item (ii), (b) or paragraph (2), item (ii), (b) of that Article by the number of such decisions, for the respective violations, in lieu of the amount set forth in Article 175-2, paragraph (1) (including the cases where applied mutatis mutandis pursuant to paragraph (14) of that Article; hereinafter the same applies in this paragraph and the following paragraph) or paragraph (2) of that Article (including as applied mutatis mutandis pursuant to paragraph (15) of that Article; hereinafter the same applies in this paragraph and the following paragraph).

When the Prime Minister is required to issue a decision under paragraph (1) (limited to the cases where any fact specified in Article 178, paragraph (1), item (xvii) has been found; hereinafter the same applies in this paragraph) or the preceding paragraph, if the Prime Minister needs to issue one or more decisions (hereinafter referred to as the "new decision" in this paragraph) for the violation conducted in relation to the same business of public offering, etc. as that related to one or more decisions already issued under paragraph (1), the preceding paragraph, this paragraph, or paragraph (25) (limited to the cases where any fact specified in that item has been found), the Prime Minister must issue an order to pay to the national treasury an administrative monetary penalty equivalent to the amount set forth in paragraph (1), item (ii), (a) or paragraph (2), item (ii), (a) of Article 175-2 related to the respective violations, in lieu of the amount set forth in the provisions of Article 175-2, paragraph (1) or (2) or the provisions of the preceding paragraph, with regard to the new decision.

When the Prime Minister is required to issue decisions under paragraph (1) (limited to those relating to Article 178, paragraph (1), item (xix)) in respect of two or more violations committed in relation to the same business of public offering, etc. (meaning the violations prescribed in Article 175-4, paragraphs (1) through (3), and including the specified act of providing information, etc. prescribed in paragraphs (19) through (21) of that Article; hereinafter the same applies in this paragraph and the following paragraph), the Prime Minister must, in lieu of the amount under the provisions of Article 175-4, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (19) of that Article; hereinafter the same applies in this paragraph and the following paragraph), paragraph (2) (including as applied mutatis mutandis pursuant to paragraph (20) of that Article; hereinafter the same applies in this paragraph and the following paragraph) or paragraph (3) (including as applied mutatis mutandis pursuant to paragraph (21) of that Article; hereinafter the same applies in this paragraph and the following paragraph), issue a decision ordering payment to the national treasury, for the respective violations, of an administrative monetary penalty in an amount equivalent to the amount obtained by adding, to the amount set forth in paragraph (1), item (ii), (a), paragraph (2), item (ii), (a) or paragraph (3), item (ii), (a) of that Article, the amount obtained by dividing the amount set forth in paragraph (1), item (ii), (b), paragraph (2), item (ii), (b) or paragraph (3), item (ii), (b) of that Article by the number of such decisions.

When the Prime Minister is required to issue a decision under paragraph (1) (limited to the cases where any fact specified in Article 178, paragraph (1), item (xix) has been found; hereinafter the same applies in this paragraph) or the preceding paragraph, if the Prime Minister needs to issue one or more decisions (hereinafter referred to as the "new decision" in this paragraph) for the violation conducted in relation to the same business of public offering, etc. as that related to one or more decisions already issued under paragraph (1), the preceding paragraph, this paragraph, or paragraph (25) (limited to the cases where any fact specified in that item has been found), the Prime Minister must issue an order to pay to the national treasury an administrative monetary penalty equivalent to the amount set forth in paragraph (1), item (ii), (a), paragraph (2), item (ii), (a) or paragraph (3), item (ii), (a) of Article 175-4 related to the respective violations, in lieu of the amount set forth in the provisions of Article 175-4, paragraphs (1) through (3) or the provisions of the preceding paragraph, with regard to the new decision.

The term "specified reduction ratio" in the preceding paragraph means the ratio specified in the relevant of the following items for the category of cases set forth in that item.

in the case where, before the disposition set forth in the third column of the table in the preceding paragraph is taken regarding a fact that falls under a provision set forth in the second column of that table, the covered person has reported that fact and submitted materials pursuant to the provisions of Article 177-2, paragraph (1) (excluding the case set forth in the following item): 20 percent;

in the case where, before the disposition set forth in the third column of the table in the preceding paragraph is taken regarding a fact that falls under a provision set forth in the second column of that table, the covered person has reported that fact and submitted materials pursuant to the provisions of Article 177-2, paragraph (1), and has also entered into the agreement under Article 177-3, paragraph (1): the ratio obtained by adding the specified ratio or post-evaluation rate relating to that agreement to 20 percent;

in the case where the covered person has entered into the agreement under Article 177-3, paragraph (1) (excluding the case set forth in the preceding item): the specified ratio or post-evaluation rate relating to that agreement.

If, until the Prime Minister makes the decision under paragraph (22) with respect to the covered person, the Prime Minister finds that there is a fact that falls under any of the following items, then notwithstanding the provisions of that paragraph, the provisions of that paragraph do not apply.

that the facts reported or the materials submitted by the covered person pursuant to the provisions of Article 177-2, paragraph (1), or the facts or materials obtained through the act set forth in Article 177-3, paragraph (1), item (i) or paragraph (2), item (i) that the covered person performed, contained false content;

that, in response to a request under the provisions of Article 177-2, paragraph (2), the covered person reported false facts or submitted false materials;

that the covered person, in violation of the agreement under Article 177-3, paragraph (1), failed to perform the act relating to that agreement.

If the Prime Minister is required to issue one or more decisions pursuant to paragraph (1) (but only if the Prime Minister finds the fact set forth in Article 178, paragraph (1), item (iv), (xi), or (xi)-6 to have occurred), paragraph (6), paragraph (7), paragraphs (12) through (15), paragraph (22) (but only if the Prime Minister finds the fact set forth in Article 178, paragraph (1), item (iv), (xi), or (xi)-6 to have occurred; hereinafter the same applies in this paragraph), or the preceding paragraph (but only if the Prime Minister finds the fact set forth in Article 178, paragraph (1), item (iv), (xi), or (xi)-6 to have occurred; hereinafter the same applies in this paragraph), and a final and binding judicial decision for the same case imposes a fine on the respondent, in lieu of the amount specified in Article 172-4, paragraph (1) or (2) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article; hereinafter the same applies in this paragraph), Article 172-11, paragraph (1), or Article 172-16, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (2) of that Article; hereinafter the same applies in this paragraph) or paragraph (3) of that Article (including as applied mutatis mutandis pursuant to paragraph (4) of that Article; hereinafter the same applies in this paragraph), or Article 185-7, paragraph (6), (7), (12) through (15), (22), or the preceding paragraph, the Prime Minister must issue an order for the relevant person to pay an administrative monetary penalty to the national treasury 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 decision in respect of the facts subject to those one or more decisions, 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 Article 172-4, paragraph (1) or (2), Article 172-11, paragraph (1), or Article 172-16, paragraph (1) or (3), or Article 185-7, paragraph (6), (7), (12) through (15), (22), or the preceding paragraph:

the sum total of the amounts calculated pursuant to the provisions of Article 172-4, paragraph (1) or (2), Article 172-11, paragraph (1), or Article 172-16, paragraph (1) or (3), or Article 185-7, paragraph (6), (7), (12) through (15), (22), or the preceding paragraph, in respect of the facts subject to those one or more decisions;

the amount of the fine.

In the case referred to in paragraph (1) (but only if the Prime Minister finds a fact set forth in Article 178, paragraph (1), items (xii) through (xvi) or (xviii) to have occurred), paragraph (22) (but only if the Prime Minister finds the fact set forth in Article 178, paragraph (1), item (xvi) or (xviii) to have occurred; hereinafter the same applies in this paragraph), or paragraph (25) (but only if the Prime Minister finds a fact set forth in Article 178, paragraph (1), items (xii) through (xvi) or (xviii) to have occurred; hereinafter the same applies in this paragraph), if the final and binding judicial decision in the same case imposes on the respondent a confiscation of the properties set forth in the items of Article 198-2, paragraph (1) or the collection of the value of the properties set forth in the items of Article 198-2, paragraph (1), in lieu of the amount set forth in Article 173, paragraph (1), Article 174, paragraph (1), Article 174-2, paragraph (1), Article 174-2-2, paragraph (1), Article 174-3, paragraph (1), Article 175, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (10) of that Article) or paragraph (2) of that Article, Article 175-3, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (12) of that Article), paragraph (2) of that Article (including as applied mutatis mutandis pursuant to paragraph (13) of that Article) or paragraph (3) of that Article, or Article 185-7, paragraph (22) or (25), the Prime Minister must issue an order for the relevant person to pay an administrative monetary penalty to the national treasury in an amount after the amount equivalent to the properties set forth in the items of Article 198-2, paragraph (1) whose confiscation is ordered in that judicial decision, or the amount equivalent to the value of the properties set forth in the items of Article 198-2, paragraph (1) whose collection is ordered in that judicial decision (or, if both the confiscation of the properties set forth in the items of Article 198-2, paragraph (1) and the collection of the value of the properties set forth in the items of Article 198-2, paragraph (1) are ordered in that judicial decision, this means the sum of the amount equivalent to the properties set forth in the items of Article 198-2, paragraph (1) whose confiscation is ordered in that judicial decision and the amount equivalent to the value of the properties set forth in the items of Article 198-2, paragraph (1) whose collection is ordered in that judicial decision; hereinafter referred to as the "amount equivalent to confiscated properties, etc." in this paragraph), is deducted from the relevant of those amounts; provided, however, that unless the amount set forth in Article 173, paragraph (1), Article 174, paragraph (1), Article 174-2, paragraph (1), Article 174-2-2, paragraph (1), Article 174-3, paragraph (1), Article 175, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (10) of that Article) or paragraph (2) of that Article, Article 175-3, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (12) of that Article), paragraph (2) of that Article (including as applied mutatis mutandis pursuant to paragraph (13) of that Article) or paragraph (3) of that Article, or Article 185-7, paragraph (22) or (25) exceeds the amount equivalent to confiscated properties, etc., the Prime Minister may not order payment of an administrative monetary penalty under those provisions.

If, after the conclusion of trial procedures, the Prime Minister finds no fact to have occurred that falls under an item of Article 178, paragraph (1), or in a case to which paragraph (3), the proviso to paragraph (5), the proviso to paragraph (7), the proviso to paragraph (9), paragraph (11), the proviso to paragraph (13), the proviso to paragraph (15), the proviso to paragraph (17), the proviso to paragraph (26), or the proviso to the preceding paragraph is applicable, the Prime Minister must issue a decision that gives a clear indication of this.

A decision referred to in paragraphs (1), (2), (4) through (10), (12) through (22), and (25) to the preceding paragraph must be issued based on the draft decision submitted by a trial examiner pursuant to the provisions of the preceding Article. In this case, the Prime Minister must, as provided by Cabinet Office Order, record the electronic or magnetic record pertaining to that decision in the file.

The electronic or magnetic record pertaining to the decision prescribed in the preceding paragraph must record the facts found by the Prime Minister and the application of laws and regulations to those facts (for a decision under paragraph (1), (2), (4) through (10), (12) through (22), or (25) through (27), including the basis for the calculation of the administrative monetary penalty and the due date of payment).

The due date of payment as referred to in the preceding paragraph is the day on which two months have elapsed since the date on which, with regard to the electronic or magnetic record provided for in that paragraph (limited to one for a decision under paragraphs (1), (2), (4) through (10), (12) through (22), and (25) through (27)), a document under the provisions of Article 185-10-2 is issued or a notice under the provisions of Article 109-2, paragraph (1), main text of the Code of Civil Procedure as applied mutatis mutandis pursuant to Article 185-10 is issued.

A decision provided for in paragraph (29) becomes effective through the service of the electronic or magnetic record related to the decision on the respondent.

Notwithstanding the provisions of the preceding paragraph, if, at the time of the decision referred to in paragraph (1) (limited to a decision connected with Article 178, paragraph (1), item (iv), (xi), or (xi)-6) or a decision as referred to in paragraph (6), paragraph (7), paragraphs (12) through (15), paragraph (22) (but only if the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (iv), (xi), or (xi)-6 to have occurred), or paragraph (25) (but only if the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (iv), (xi), or (xi)-6 to have occurred), prosecution has been instituted for the same case and that case is still pending before the court, the decision comes into effect once the judicial decision in that case becomes final and binding; provided, however, that if the final and binding judicial decision in that case imposes a fine on the person subject to the decision, the decision comes into effect once the electronic or magnetic record concerning a disposition for changes under the provisions of paragraph (6) of the following Article is served.

Notwithstanding the provisions of paragraph (32), if, at the time of the decision referred to in paragraph (1) (limited to a decision connected with any of Article 178, paragraph (1), items (xii) through (xvi) or item (xviii)), paragraph (22) (but only if the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (xvi) or (xviii) to have occurred) and paragraph (25) (but only if the Prime Minister finds a fact set forth in any of Article 178, paragraph (1), items (xii) through (xvi) or item (xviii) to have occurred), prosecution has been instituted for the same case and that case is still pending before the court, the decision comes into effect once the judicial decision in that case becomes final and binding; provided, however, that if the final and binding judicial decision in that case imposes the confiscation of the properties set forth in the items of Article 198-2, paragraph (1) or the collection of the value of the properties set forth in the items of Article 198-2, paragraph (1) against the person subject to the decision, the decision comes into effect once the electronic or magnetic record concerning a disposition for changes under paragraph (7) of the following Article is served.

The provisions of the main clause of paragraph (33) and the main clause of the preceding paragraph do not apply if the electronic or magnetic record in respect of the decision referred to in paragraphs (1), (6), (7), (12) through (15), (22) or (25) is not served as of the time the judicial decision in the same case becomes final and binding.

The provisions of the proviso to paragraph (33) do not apply if the electronic or magnetic record in respect of the decision referred to in paragraph (1) (limited to a decision connected with Article 178, paragraph (1), item (iv), (xi), or (xi)-6), paragraph (6), paragraph (7), paragraphs (12) through (15), paragraph (22) (but only if the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (iv), (xi), or (xi)-6 to have occurred) or paragraph (25) (but only if the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (iv), (xi), or (xi)-6 to have occurred) is not served as of the time that the electronic or magnetic record concerning a disposition for changes under paragraph (6) of the following Article is served.

The provisions of the proviso to paragraph (34) do not apply if the electronic or magnetic record in respect of the decision referred to in paragraph (1) (limited to a decision connected with Article 178, paragraph (1), items (xii) through (xvi) or item (xviii)), paragraph (22) (but only if the Prime Minister finds a fact set forth in Article 178, paragraph (1), item (xvi) or (xviii) to have occurred), or paragraph (25) (but only if the Prime Minister finds a fact set forth in any of Article 178, paragraph (1), items (xii) through (xvi) or item (xviii) to have occurred) is not served as of the time that the electronic or magnetic record concerning a disposition for changes under paragraph (7) of the following Article is served.

Notwithstanding the provisions of paragraph (31), in the case referred to in the main clause of paragraph (33) or the main clause of paragraph (34), the due date for the payment of an administrative monetary penalty is the day on which two months have elapsed since the day on which the judicial decision in the case becomes final and binding.

Notwithstanding the provisions of paragraph (31), in the case referred to in the proviso to paragraph (33) or the proviso to paragraph (34), the due date for the payment of an administrative monetary penalty is the day on which two months have elapsed since the day on which, with regard to the electronic or magnetic record concerning a disposition for changes under the provisions of paragraph (6) or (7) of the following Article, a document under the provisions of Article 185-10-2 is dispatched or a notice under the provisions of Article 109-2, paragraph (1), main text of the Code of Civil Procedure as applied mutatis mutandis pursuant to Article 185-10 is dispatched.

If the amount of an administrative monetary penalty calculated pursuant to the provisions of paragraph (2), paragraphs (4) through (10), paragraphs (12) through (22), and paragraphs (25) and (26), includes an amount that is less than one yen, the amount is rounded down to the nearest one yen.

The term "business year subject to disclosure" as used in paragraphs (4) through (7), and paragraphs (12) and (13) means the business year specified in the relevant of the following items for the category of documents or information set forth in that item:

an annual securities report or accompanying document under Article 24, paragraph (1) or (3) (including as applied mutatis mutandis pursuant to paragraph (5) of that Article, and also including as applied mutatis mutandis pursuant to Article 27) or Article 24, paragraph (6) (including as applied mutatis mutandis pursuant to Article 27), as well as under Article 7,paragraph (1), Article 9, paragraph (1), or Article 10, paragraph (1) as applied mutatis mutandis pursuant to Article 24-2, paragraph (1) (including as applied mutatis mutandis pursuant to Article 27), or any amended report in connection with the same:the business year of the annual securities report or accompanying document;

a semiannual securities report under Article 24-5, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article, and also including as applied mutatis mutandis pursuant to Article 27), as well as under Article 7,paragraph (1), Article 9, paragraph (1), or Article 10, paragraph (1) as applied mutatis mutandis pursuant to Article 24-5, paragraph (5) (including as applied mutatis mutandis pursuant to Article 27) or any amended report in connection with the same:the business year that includes the period to which that semiannual securities report pertains;

an extraordinary report under Article 24-5, paragraph (4) (including as applied mutatis mutandis pursuant to Article 27), as well as under Article 7,paragraph (1), Article 9, paragraph (1), or Article 10, paragraph (1) as applied mutatis mutandis pursuant to Article 24-5, paragraph (5) (including as applied mutatis mutandis pursuant to Article 27) or any amended report in connection with the same:the business year that includes the day on which the extraordinary report was submitted; and

the information on the issuer or any amended information on the issuer in connection with the same:the business year for the relevant information on the issuer.

The term "business year subject to publication" in paragraphs (14) and (15) means the business year specified in the relevant of the following items for the category of information set forth in that item.

periodic information on specified cryptoassets: the business year relating to that periodic information on specified cryptoassets;

extraordinary information on specified cryptoassets: the business year that includes the day on which that extraordinary information on specified cryptoassets was disclosed.

The term "duration of the violation" in paragraphs (16) and (17) means the period specified in the relevant of the following items for the category of facts set forth in that item.

a fact that falls under Article 172-19, paragraph (1): the period from the time at which the services for purchase and sale, etc. of cryptoassets were started for the cryptoasset prescribed in that paragraph to the time at which the cryptoasset information relating to that cryptoasset was disclosed (if the specified cryptoasset issuer of that cryptoasset has disclosed the information on specified cryptoassets relating to that cryptoasset, the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-39, paragraph (4), or the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-53, paragraph (2) or the time limit by which that information on specified cryptoassets should be disclosed pursuant to the provisions of that paragraph, whichever is earlier);

a fact that falls under Article 172-19, paragraph (2): the period from the time at which the services for purchase and sale, etc. of cryptoassets were started for the cryptoasset relating to the cryptoasset information (including the amended cryptoasset information, etc. relating to that cryptoasset information) that contains false information regarding the material particular prescribed in that paragraph to the time at which the amended cryptoasset information, etc. relating to the cryptoasset information that contains false information regarding that material particular was disclosed (if the specified cryptoasset issuer of that cryptoasset has disclosed the information on specified cryptoassets relating to that cryptoasset, the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-39, paragraph (4), or the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-53, paragraph (2) or the time limit by which that information on specified cryptoassets should be disclosed pursuant to the provisions of that paragraph, whichever is earlier);

a fact that falls under Article 172-19, paragraph (1) as applied mutatis mutandis pursuant to paragraph (3) of that Article: the period from the time at which a disposition under the provisions of Article 27-68, paragraph (1) was first taken against a financial instruments business operator for the act of not disclosing the cryptoasset information prescribed in Article 172-19, paragraph (1) as applied mutatis mutandis pursuant to paragraph (3) of that Article to the time at which that cryptoasset information was disclosed (if the specified cryptoasset issuer of that cryptoasset has disclosed the information on specified cryptoassets relating to that cryptoasset, the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-39, paragraph (4), or the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-53, paragraph (2) or the time limit by which that information on specified cryptoassets should be disclosed pursuant to the provisions of that paragraph, whichever is earlier);

a fact that falls under Article 172-19, paragraph (2) as applied mutatis mutandis pursuant to paragraph (4) of that Article: the period from the time at which the cryptoasset information (including the amended cryptoasset information, etc. relating to that cryptoasset information) that contains false information regarding the material particular prescribed in paragraph (2) of that Article as applied mutatis mutandis pursuant to paragraph (4) of that Article was disclosed to the time at which the amended cryptoasset information, etc. relating to the cryptoasset information that contains false information regarding that material particular was disclosed (if the specified cryptoasset issuer of that cryptoasset has disclosed the information on specified cryptoassets relating to that cryptoasset, the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-39, paragraph (4), or the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-53, paragraph (2) or the time limit by which that information on specified cryptoassets should be disclosed pursuant to the provisions of that paragraph, whichever is earlier);

a fact that falls under Article 172-19, paragraph (1) as applied mutatis mutandis pursuant to paragraph (5) of that Article: the period from the time at which a disposition under the provisions of Article 27-68, paragraph (1) was first taken against a financial instruments business operator for the act of not disclosing the extraordinary cryptoasset information prescribed in Article 172-19, paragraph (1) as applied mutatis mutandis pursuant to paragraph (5) of that Article to the time at which that extraordinary cryptoasset information was disclosed (if the specified cryptoasset issuer of that cryptoasset has disclosed the information on specified cryptoassets relating to that cryptoasset, the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-39, paragraph (4), or the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-53, paragraph (2) or the time limit by which that information on specified cryptoassets should be disclosed pursuant to the provisions of that paragraph, whichever is earlier);

a fact that falls under Article 172-19, paragraph (2) as applied mutatis mutandis pursuant to paragraph (6) of that Article: the period from the time at which the extraordinary cryptoasset information (including the amended cryptoasset information, etc. relating to that extraordinary cryptoasset information) that contains false information regarding the material particular prescribed in paragraph (2) of that Article as applied mutatis mutandis pursuant to paragraph (6) of that Article was disclosed to the time at which the amended cryptoasset information, etc. relating to the extraordinary cryptoasset information that contains false information regarding that material particular was disclosed (if the specified cryptoasset issuer of that cryptoasset has disclosed the information on specified cryptoassets relating to that cryptoasset, the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-39, paragraph (4), or the time at which that information on specified cryptoassets was disclosed pursuant to the provisions of Article 27-53, paragraph (2) or the time limit by which that information on specified cryptoassets should be disclosed pursuant to the provisions of that paragraph, whichever is earlier).