Article 27-19Compensatory Liability of a Person Using a Tender Offer Explanation That Contains a False Statement
第二十七条の十九(虚偽記載等のある公開買付説明書の使用者の賠償責任)
The provisions of Article 17 apply mutatis mutandis to a person that has caused a person to make a sale, etc. of share certificates, etc. through the use of a tender offer explanation (including, if the tender offer explanation states to the effect that the tender offer statement is to be referred to pursuant to Article 27-9, paragraph (2), that tender offer statement (including its amended statement; the same applies in the following Article and Article 27-21, paragraph (2), item (i))) or other representation that contains a false statement regarding a material particular, lacks a representation of a material particular that is required to be represented, or lacks a representation of a material fact that is necessary to prevent it from being misleading. In this case, in Article 17, the phrase "a person that acquires the securities" is deemed to be replaced with "a person that has made a sale, etc. (meaning a sale, etc. prescribed in Article 27-2, paragraph (6)) of share certificates, etc. (meaning share certificates, etc. prescribed in Article 27-2, paragraph (1)) in response to a tender offer (meaning a tender offer prescribed in Article 27-3, paragraph (1))".
第十七条の規定は、重要な事項について虚偽の記載があり、又は表示すべき重要な事項若しくは誤解を生じさせないために必要な重要な事実の表示が欠けている公開買付説明書(第二十七条の九第二項の規定により当該公開買付説明書に公開買付届出書を参照すべき旨を記載した場合における当該公開買付届出書(その訂正届出書を含む。次条及び第二十七条の二十一第二項第一号において同じ。)を含む。)その他の表示を使用して株券等の売付け等をさせた者について準用する。この場合において、第十七条中「当該有価証券を取得した者」とあるのは、「公開買付け(第二十七条の三第一項に規定する公開買付けをいう。)に応じて株券等(第二十七条の二第一項に規定する株券等をいう。)の売付け等(第二十七条の二第六項に規定する売付け等をいう。)をした者」と読み替えるものとする。
Read this with the articles around it
(Compensatory Liability of a Person Using a Prospectus Containing a False Statement)
A person that, in a public offering or secondary distribution of securities that is subject to the main clause of Article 4, paragraph (1), the main clause of Article 4…
第四条第一項本文、第二項本文若しくは第三項本文の規定の適用を受ける有価証券又は既に開示された有価証券の募集又は売出しについて、重要な事項について虚偽の記載があり、若しくは記載すべき重要な事項若しくは誤解を生じさせないために必要な事実の記載が欠けている第十三条第一項の目論見書又は重要な事項について虚偽の表示若しくは誤解…
Open this provision(Tender Offers for Share Certificates by Persons Other Than the Issuer)
A purchase, etc. of share certificates, corporate bond certificates with share options, or other securities specified by Cabinet Order…
その株券、新株予約権付社債券その他の有価証券で政令で定めるもの(以下この章及び第二十七条の三十の十一(第五項を除く。)において「株券等」という。)について有価証券報告書を提出しなければならない発行者又は特定上場有価証券(流通状況がこれに準ずるものとして政令で定めるものを含み、株券等に限る。)の発行者の株券等につき…
Open this provision(Tender Offers for Share Certificates by Persons Other Than the Issuer)
The term "tender offer" as used in this Article means solicitation of offers for purchase, etc. or offers for sale, etc. of share certificates, etc. to and from many and unspecified persons through a…
この条において「公開買付け」とは、不特定かつ多数の者に対し、公告により株券等の買付け等の申込み又は売付け等(売付けその他の有償の譲渡をいう。以下この章において同じ。)の申込みの勧誘を行い、取引所金融商品市場外で株券等の買付け等を行うことをいう。
Open this provision(Compensatory Liability of a Person Issuing a Public Notice of the Commencement of a Tender Offer Which Contains a False Statement)
The provisions of Article 18, paragraph (1) apply mutatis mutandis to the following persons. In this case, in Article 18, paragraph (1), the phrase "a person that acquires the securities through the…
第十八条第一項の規定は、次に掲げる者について準用する。この場合において、同項中「当該有価証券を当該募集又は売出しに応じて取得した者」とあるのは「公開買付け(第二十七条の三第一項に規定する公開買付けをいう。以下この項において同じ。)に応じて株券等(第二十七条の二第一項に規定する株券等をいう。以下この項において同じ。)の…
Open this provision(Prescription of the Right to Claim Compensation Due to a Violation of Provisions Relevant to a Tender Offer)
when the claim is not exercised for one year starting from the time when the claimant comes to know, or in exercise of reasonable care could have come to know…
請求権者が公開買付開始公告等、公開買付届出書、公開買付説明書又は対質問回答報告書のうちに重要な事項について虚偽の記載若しくは表示があり、又は記載若しくは表示すべき重要な事項若しくは誤解を生じさせないために必要な重要な事実の記載が欠けていることを知つた時又は相当な注意をもつて知ることができる時から一年間行使しないとき。
Open this provision(Public Notice of the Commencement of a Tender Offer and Submission of a Tender Offer Statement)
A person that, pursuant to the main clause of paragraph (1) of the preceding Article, is required to effect any purchase, etc. of share certificates, etc. through a tender offer as prescribed in…
前条第一項本文の規定により同項に規定する公開買付け(以下この節において「公開買付け」という。)によつて株券等の買付け等を行わなければならない者は、政令で定めるところにより、当該公開買付けについて、その目的、買付け等の価格…
Open this provision(Preparation and Delivery of a Tender Offer Explanation)
If a tender offeror, with regard to the particulars stated in the tender offer statement (excluding the particulars that are required to be stated in the public notice of the commencement of a tender…
公開買付者が、前項の規定に基づき公開買付説明書に記載すべき事項のうち、公開買付届出書に記載された事項(公開買付開始公告に記載すべき事項を除く。以下この項において同じ。)について…
Open this provisionsecurities
「有価証券」
Securities as this Act defines them: the instruments listed in Article 2, paragraph (1), among them national government and local government bonds, corporate bonds, share certificates and share option certificates, preferred equity investment certificates, beneficiary certificates of investment trusts and other trusts, investment securities, certain promissory notes, mortgage securities, option certificates and depositary receipts, foreign instruments of the same nature, and other instruments a Cabinet Order (政令) specifies.
Defined inArticle 2, paragraph (1)· applies throughout the law
sale, etc.machine translation
「売付け等」
In Chapter 2-2, on tender offers (公開買付け), a sale or other transfer for value.
Defined inArticle 27-2, paragraph (6)· applies only in this chapter
tender offer
「公開買付け」
In Section 1 of Chapter 2-2, a tender offer as defined in Article 27-2, paragraph (1) that a person must make under the main clause of that paragraph: a tender offer by someone other than the issuer of the share certificates, etc. (株券等).
Short name set inArticle 27-3, paragraph (1)· applies only in this section
tender offer statementmachine translation
「公開買付届出書」
In Section 1 of Chapter 2-2, Article 197, paragraph (1), item (iii) and Article 197-2, paragraph (1), item (v), the statement, with the attachments a Cabinet Office Order (内閣府令) specifies, that a tender offeror (公開買付者) must submit to the Prime Minister on the day of its public notice of the commencement of a tender offer, stating the purchase price, the number of share certificates, etc. it plans to buy, the purchase period and its other terms, any contract to buy them outside the tender offer, and the other matters Article 27-3, paragraph (2) lists.
Short name set inArticle 27-3, paragraph (2)· applies only in this section and in Article 197, paragraph (1), item (iii); and Article 197-2, paragraph (1), item (v)
tender offer explanation
「公開買付説明書」
In Section 1 of Chapter 2-2 and Articles 197-2 and 200, the document a tender offeror (公開買付者) must prepare, as a Cabinet Office Order (内閣府令) specifies, stating the matters from its tender offer statement (公開買付届出書) that the Order specifies and other matters it requires in the public interest or for investor protection.
Short name set inArticle 27-9, paragraph (1)· applies only in this section and in Articles 197-2 and 200
sale, etc. of share certificates, etc.
「株券等の売付け等」
In Article 175-2, paragraph (4), item (i), a sale of share certificates, etc.; a transaction under Article 2, paragraph (21), item (ii) in which one is the party that pays money if the actual figure exceeds the agreed figure; a transaction under item (iii) of that paragraph in which one is the party that grants the option; and other transactions a Cabinet Order (政令) specifies.
Defined inArticle 175-2, paragraph (9)