Article 24-4Compensatory Liability of the Officers of a Company Submitting an Annual Securities Report That Contains a False Statement

The provisions of Article 22 apply mutatis mutandis if an annual securities report contains a false statement regarding a material particular, lacks a statement of a material particular that is required to be stated, or lacks a statement of a material fact that is necessary to prevent it from being misleading. In this case, in Article 22, paragraph (1), the phrase "has acquired securities issued by the person submitting the securities registration statement other than through a public offering or secondary distribution" is deemed to be replaced with "has acquired securities issued by the person submitting the securities registration statement".