An issuer may not issue a solicitation for acquisition only for professional investors or any other category of solicitation with a view to issuing new securities specified by Cabinet Order which is not subject to the application of the main clause of Article 4, paragraph (1) (hereinafter referred to as "exclusive solicitation for acquisition" in this Article and Chapter VI-2) or a solicitation for selling, etc. only for professional investors (unless the securities subject to the relevant solicitation for selling, etc. only for professional investors fall under the category of securities for professional investors, and the solicitation for selling, etc. only for professional investors falls under the category of a case specified by Cabinet Order as one in which a small number of persons are the other parties) or any other category of solicitation with a view to delivering existing securities specified by Cabinet Order that is not subject to the application of the main clause of Article 4, paragraph (1), the main clause of Article 4, paragraph (2), or the main clause of Article 4, paragraph (3) (hereinafter referred to as a "specified solicitation for selling, etc. " in this Article and Chapter VI-2) unless the issuer of the securities that are subject to the exclusive solicitation for acquisition or the specified solicitation for selling, etc. (hereinafter collectively referred to as "specified solicitation, etc.") has provided to the solicited person, or has disclosed, information specified by Cabinet Office Order as the basic information about the securities and the issuer that must be disclosed to investors (hereinafter referred to as "specified information on securities"), prior to the specified solicitation, etc. and pursuant to the provisions of the following paragraph.
特定投資家向け取得勧誘その他第四条第一項本文の規定の適用を受けない有価証券発行勧誘等のうち政令で定めるもの（以下この条及び第六章の二において「特定取得勧誘」という。）又は特定投資家向け売付け勧誘等（当該特定投資家向け売付け勧誘等に係る有価証券が特定投資家向け有価証券に該当する場合であつて、少数の者を相手方として行う場合として政令で定める場合に該当するものを除く。）その他第四条第一項本文、第二項本文若しくは第三項本文の規定の適用を受けない有価証券交付勧誘等のうち政令で定めるもの（以下この条及び第六章の二において「特定売付け勧誘等」という。）は、当該特定取得勧誘又は特定売付け勧誘等（以下「特定勧誘等」という。）に係る有価証券の発行者が、当該有価証券及び当該発行者に関して投資者に明らかにされるべき基本的な情報として内閣府令で定める情報（以下「特定証券情報」という。）を、次項に定めるところにより、当該特定勧誘等が行われる時までに、その相手方に提供し、又は公表しているものでなければ、することができない。
An issuer seeking to provide or disclose specified information on securities must provide the specified information on securities itself or entrust another party to do so, or must disclose such information using the internet or through other means, pursuant to the provisions of Cabinet Office Order.
When an issuer that has been disclosing information on the issuer (meaning information on the issuer as prescribed in paragraph (1) of the following Article; hereinafter the same applies in this paragraph) continuously for the period specified by Cabinet Office Order pursuant to the provisions of paragraph (1) of the following Article seeks to provide or disclose specified information on securities pursuant to the provisions of the preceding paragraph, and the issuer has indicated in the specified information on securities, pursuant to the provisions of Cabinet Office Order, that reference should be made to the latest information on the issuer and to the amended information on the issuer set forth in paragraph (3) of that Article with respect that issuer (hereinafter referred to as "reference information"), the issuer is deemed to have provided or disclosed the information specified by Cabinet Office Order as information about the issuer that is part of the specified information on securities.
If, between the day on which an issuer that provides or discloses specified information on securities pursuant to the provisions of paragraph (2), provides or discloses that information and the day on which one year has elapsed since that day (or, in the cases specified by Cabinet Office Order as those in which it is found not to damage the public interest or result in insufficient investor protection, within the period specified by Cabinet Office Order), there is a particular requiring amendment in the specified information on securities, the issuer must provide or disclose information indicating that it is amending that particular (hereinafter referred to as "amended specified information on securities"), pursuant to the provisions of Cabinet Office Order.
An issuer that has disclosed specified information on securities pursuant to the provisions of paragraph (2) must continue to disclose such specified information on securities (if any amended specified information on securities has been disclosed, such amended specified information on securities is included), until one year has elapsed since the date that it disclosed the specified information on securities (or, in the cases specified by Cabinet Office Order as those in which it is found not to damage the public interest or result in insufficient investor protection, for the period specified by Cabinet Office Order).
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(Provision or Disclosure of Specified Information on Securities)
An issuer may not issue a solicitation for acquisition only for professional investors or any other category of solicitation with a view to issuing new securities specified by Cabinet Order which is…
特定投資家向け取得勧誘その他第四条第一項本文の規定の適用を受けない有価証券発行勧誘等のうち政令で定めるもの（以下この条及び第六章の二において「特定取得勧誘」という。）又は特定投資家向け売付け勧誘等（当該特定投資家向け売付け勧誘等に係る有価証券が特定投資家向け有価証券に該当する場合であつて、少数の者を相手方として行う場…
Open this provision(Provision or Disclosure of Specified Information on Securities)
An issuer seeking to provide or disclose specified information on securities must provide the specified information on securities itself or entrust another party to do so…
特定証券情報の提供又は公表をしようとする発行者は、当該特定証券情報を、内閣府令で定めるところにより、自ら若しくは他の者に委託して提供し、又はインターネットの利用その他の方法により公表しなければならない。
Open this provision(Provision or Disclosure of Specified Information on Securities)
When an issuer that has been disclosing information on the issuer (meaning information on the issuer as prescribed in paragraph (1) of the following Article; hereinafter the same applies in this…
次条第一項の規定により既に内閣府令で定める期間継続して発行者情報（同項に規定する発行者情報をいう。以下この項において同じ。）を公表している発行者は、前項の規定により特定証券情報を提供し、又は公表しようとする場合において、当該特定証券情報に、内閣府令で定めるところにより…
Open this provision(Provision or Disclosure of Information on the Issuer)
The issuer set forth in each of the following items, pursuant to the provisions of Cabinet Office Order, must provide the holders of the securities set forth in the relevant item with the information…
次の各号に掲げる発行者は、内閣府令で定めるところにより、当該発行者に関する情報として内閣府令で定める情報（以下「発行者情報」という。）を、事業年度（発行者が会社以外の者である場合その他の内閣府令で定める場合にあつては、内閣府令で定める期間。第四項、第百七十二条の十一第一項及び第百八十五条の七第三十一項第四号において同…
Open this provision(Provision or Disclosure of Information on the Issuer)
If there is a particular that is required to be amended in the information on the issuer, an issuer set forth in any of the items of paragraph (1) must provide or disclose information indicating that…
発行者情報に訂正すべき事項があるときは、第一項各号に掲げる発行者は、内閣府令で定めるところにより、これを訂正する旨の情報（以下「訂正発行者情報」という。）を提供し、又は公表しなければならない。
Open this provision(Notification of Public Offering or Secondary Distribution)
It is not permitted for a person to conduct a public offering of securities (including specified procedures related to the issuance of securities during a corporate reorganization; the same applies…
有価証券の募集（特定組織再編成発行手続を含む。第十三条及び第十五条第二項から第六項までを除き、以下この章及び次章において同じ。）又は有価証券の売出し（次項に規定する適格機関投資家取得有価証券一般勧誘及び第三項に規定する特定投資家等取得有価証券一般勧誘に該当するものを除き、特定組織再編成交付手続を含む。以下この項におい…
Open this provision(Notification of Public Offering or Secondary Distribution)
It is not permitted for a person to issue a solicitation with a view to delivering existing securities (meaning a solicitation for selling, etc. or procedures related to the delivery of securities…
その有価証券発行勧誘等（取得勧誘及び組織再編成発行手続をいう。以下同じ。）又は有価証券交付勧誘等（売付け勧誘等及び組織再編成交付手続をいう。以下同じ。）が次に掲げる場合に該当するものであつた有価証券（第二号に掲げる場合にあつては第二条第三項第一号の規定により多数の者から除かれた適格機関投資家が取得した有価証券に限り、…
Open this provision(Notification of Public Offering or Secondary Distribution)
It is not permitted for a person to issue a solicitation with a view to delivering existing securities that involves securities falling under any of the following items…
次の各号のいずれかに該当する有価証券（第二十四条第一項各号のいずれかに該当するもの又は多数の特定投資家に所有される見込みが少ないと認められるものとして政令で定めるものを除く。以下「特定投資家向け有価証券」という。）の有価証券交付勧誘等で…
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
issuer
「発行者」
A person who issues or intends to issue securities, or for securities a Cabinet Office Order (内閣府令) specifies, the person it specifies; for rights treated as securities under Article 2, paragraph (2), the person a Cabinet Office Order specifies for each kind of right is treated as issuing them, at the time it specifies.
Defined inArticle 2, paragraph (5)
solicitation for selling, etc. only for professional investorsmachine translation
「特定投資家向け売付け勧誘等」
A solicitation for selling, etc. (売付け勧誘等) of paragraph (1) securities (第一項有価証券) that falls under Article 2, paragraph (4), item (ii), (b) — one made only to professional investors (特定投資家) that meets the requirements listed there — other than one involving trades on a financial instruments exchange market and other securities transactions a Cabinet Order (政令) specifies.
Defined inArticle 2, paragraph (6)
solicitation with a view to delivering existing securitiesmachine translation
「有価証券交付勧誘等」
An offer to sell securities already issued or a solicitation of offers to buy them (売付け勧誘等), or the procedures for delivering existing securities in a corporate reorganization (組織再編成交付手続).
Defined inArticle 4, paragraph (2)
solicitation with a view to issuing new securitiesmachine translation
「有価証券発行勧誘等」
A solicitation of applications to acquire newly issued securities (取得勧誘), or the procedures for issuing securities in a corporate reorganization (組織再編成発行手続).
Defined inArticle 4, paragraph (2)
securities for professional investorsmachine translation
「特定投資家向け有価証券」
Securities whose solicitation for acquisition was one only for professional investors (特定投資家向け取得勧誘), or whose solicitation for selling, etc. was one only for professional investors; securities of the same kind from the same issuer as a Cabinet Office Order (内閣府令) sets, and specified listed securities (特定上場有価証券) and securities a Cabinet Order (政令) specifies as circulating similarly — other than securities under any item of Article 24, paragraph (1) and securities a Cabinet Order specifies as unlikely to be held by many professional investors.
Short name set inArticle 4, paragraph (3)
solicitation for acquisition only for professional investors
「特定投資家向け取得勧誘」
A solicitation for acquisition (取得勧誘) falling under Article 2, paragraph (3), item (ii), (b): one made only to professional investors (特定投資家) — through a financial instruments business operator, etc. where a counterparty is not the State, the Bank of Japan or a qualified institutional investor — for securities that, as a Cabinet Order (政令) sets, are unlikely to pass to anyone other than professional investors, etc. (特定投資家等).
Short name set inArticle 4, paragraph (3), item (i)
specified solicitation, etc.machine translation
「特定勧誘等」
An exclusive solicitation for acquisition (特定取得勧誘) or a specified solicitation for selling, etc. (特定売付け勧誘等): a solicitation only for professional investors, or another solicitation a Cabinet Order (政令) specifies, that is not subject to the notification requirements of Article 4 and for which the issuer must provide or publish specified information on securities (特定証券情報) by the time it is made.
Short name set inArticle 27-31, paragraph (1)
exclusive solicitation for acquisitionmachine translation
「特定取得勧誘」
In Article 27-31 and Chapter VI-2, a solicitation for acquisition only for professional investors (特定投資家向け取得勧誘), or another solicitation with a view to issuing new securities (有価証券発行勧誘等) not subject to the main clause of Article 4, paragraph (1), that a Cabinet Order (政令) specifies.
Short name set inArticle 27-31, paragraph (1)· applies only in this article and in Chapter 6-2
specified solicitation for selling, etc.machine translation
「特定売付け勧誘等」
A solicitation for selling, etc. only for professional investors (特定投資家向け売付け勧誘等) — other than one for securities for professional investors made to a small number of persons as a Cabinet Order (政令) sets — or another solicitation with a view to delivering existing securities (有価証券交付勧誘等) not subject to the main clauses of Article 4, paragraphs (1) to (3), that a Cabinet Order specifies.
Short name set inArticle 27-31, paragraph (1)· applies only in this article and in Chapter 6-2
specified information on securitiesmachine translation
「特定証券情報」
Basic information on securities and their issuer that a Cabinet Office Order (内閣府令) specifies as what investors should be told, and that the issuer must provide to the persons solicited, or publish, before a specified solicitation, etc. (特定勧誘等) — such as a solicitation for acquisition only for professional investors (特定投資家) — may be made.
Short name set inArticle 27-31, paragraph (1)
reference information
「参照情報」
An issuer's latest issuer information (発行者情報) and amended issuer information (訂正発行者情報), which an issuer that has published issuer information continuously for a period a Cabinet Office Order (内閣府令) sets may point to in its specified securities information (特定証券情報) instead of providing the information about itself.
Short name set inArticle 27-31, paragraph (3)
information on the issuermachine translation
「発行者情報」
Information about an issuer that a Cabinet Office Order (内閣府令) specifies, which an issuer of securities for professional investors, etc. (特定投資家等向け有価証券), or an issuer that has provided or published specified information on securities (特定証券情報), must, unless a Cabinet Office Order excuses it, provide to the holders of those securities or publish at least once each business year or other period a Cabinet Office Order specifies.
Defined inArticle 27-31, paragraph (3)· applies only in this paragraph
amended specified information on securities
「訂正特定証券情報」
Information correcting specified information on securities (特定証券情報) that an issuer has provided or published under Article 27-31, paragraph (2), which it must provide or publish, as a Cabinet Office Order (内閣府令) sets, when something in it needs correcting within one year after it was provided or published (or within a period that Order sets).
Short name set inArticle 27-31, paragraph (4)
amended information on the issuer
「訂正発行者情報」
Information correcting issuer information (発行者情報), which an issuer listed in Article 27-32, paragraph (1) must provide or publish, as a Cabinet Office Order (内閣府令) sets, when something in its issuer information needs correcting.
Short name set inArticle 27-32, paragraph (3)