Supplementary Provisions, Article 2Transitional Measures Concerning Quarterly Securities Reports

①With regard to the submission of a quarterly securities report pertaining to a quarter (meaning each three-month period of the business year prescribed in Article 24-4-7, paragraph (1) of the Financial Instruments and Exchange Act before amendment by the provisions of Article 1 (limited to the amending provisions set forth in that item; the same applies in paragraph (3)) (hereinafter referred to in this Article through Article 4 of the Supplementary Provisions as the "item (iii) Old Financial Instruments and Exchange Act"); the same applies in paragraph (2) of the following Article) that began before the effective date of the provisions set forth in item (iii) of the preceding Article (hereinafter referred to in this Article through Article 4 of the Supplementary Provisions as the "item (iii) effective date") (the quarterly securities report meaning the quarterly securities report prescribed in Article 24-4-7, paragraph (1) of the item (iii) Old Financial Instruments and Exchange Act; hereinafter the same applies in this Article and paragraph (2) of the following Article), the provisions then in force continue to govern.

②With regard to the submission of the confirmation letter pertaining to a quarterly securities report in the case where the quarterly securities report is submitted pursuant to the provisions of the preceding paragraph (meaning the confirmation letter prescribed in Article 24-4-2, paragraph (1) of the Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 24-4-8, paragraph (1) of the item (iii) Old Financial Instruments and Exchange Act; the same applies in the following paragraph), the provisions then in force continue to govern.

③With regard to the application of the provisions of Chapter II of the Financial Instruments and Exchange Act as amended by the provisions of Article 1 (hereinafter referred to in this Article through Article 4 of the Supplementary Provisions as the "item (iii) New Financial Instruments and Exchange Act") to a quarterly securities report submitted pursuant to the provisions of Article 24-4-7, paragraph (1) or (2) of the item (iii) Old Financial Instruments and Exchange Act before the item (iii) effective date, a quarterly securities report to be submitted on or after the item (iii) effective date pursuant to the provisions of paragraph (1), and the confirmation letters pertaining to these quarterly securities reports, the provisions then in force continue to govern.

④With regard to a person that submits a quarterly securities report pursuant to the provisions of Article 24-4-7, paragraph (1) or (2) of the item (iii) Old Financial Instruments and Exchange Act before the item (iii) effective date, or submits a quarterly securities report on or after the item (iii) effective date pursuant to the provisions of paragraph (1), the provisions of Article 5, paragraphs (3) and (4) of the item (iii) New Financial Instruments and Exchange Act (including as applied mutatis mutandis pursuant to paragraph (5) of that Article) apply from the time the person first submits an annual securities report on or after the item (iii) effective date, and until the person first submits an annual securities report on or after the item (iii) effective date, the provisions then in force continue to govern.

⑤With regard to the administrative monetary penalty for a violation relating to a quarterly securities report under Article 24-4-7, paragraph (1) or (2) of the item (iii) Old Financial Instruments and Exchange Act (including one to be submitted on or after the item (iii) effective date pursuant to the provisions of paragraph (1)), the provisions then in force continue to govern.

⑥The provisions of Article 185-7, paragraphs (4) through (7) of the item (iii) New Financial Instruments and Exchange Act apply to the ongoing disclosure document (meaning the ongoing disclosure document prescribed in Article 185-7, paragraph (4) of the item (iii) New Financial Instruments and Exchange Act) or ongoing disclosure document, etc. (meaning the ongoing disclosure document, etc. prescribed in Article 185-7, paragraph (6) of the item (iii) New Financial Instruments and Exchange Act) pertaining to the business year subject to disclosure (meaning the business year subject to disclosure prescribed in Article 185-7, paragraph (31) of the item (iii) New Financial Instruments and Exchange Act) that begins on or after the item (iii) effective date of a person that submits a quarterly securities report pursuant to the provisions of Article 24-4-7, paragraph (1) or (2) of the item (iii) Old Financial Instruments and Exchange Act before the item (iii) effective date, or submits a quarterly securities report on or after the item (iii) effective date pursuant to the provisions of paragraph (1), and with respect to the ongoing disclosure document (meaning the ongoing disclosure document prescribed in Article 185-7, paragraph (4) of the item (iii) Old Financial Instruments and Exchange Act) or ongoing disclosure document, etc. (meaning the ongoing disclosure document, etc. prescribed in Article 185-7, paragraph (6) of the item (iii) Old Financial Instruments and Exchange Act) pertaining to the business year subject to disclosure (meaning the business year subject to disclosure prescribed in Article 185-7, paragraph (31) of the item (iii) Old Financial Instruments and Exchange Act) of that person that began before the item (iii) effective date, the provisions then in force continue to govern.

⑦A decision ordering the payment of an administrative monetary penalty to the national treasury pursuant to Article 172-3, paragraph (2), Article 172-4, paragraph (2) or Article 172-12, paragraph (1) of the item (iii) Old Financial Instruments and Exchange Act (limited to one pertaining to a violation relating to a quarterly securities report, and including a decision pursuant to Article 185-7, paragraphs (4) through (7) and (14) through (16) of the item (iii) Old Financial Instruments and Exchange Act) is deemed to be an administrative monetary penalty payment order prescribed in Article 185-15, paragraph (1) of the Financial Instruments and Exchange Act, and a decision clarifying that the case falls under the proviso to Article 185-7, paragraph (5) or the proviso to Article 185-7, paragraph (7) of the item (iii) Old Financial Instruments and Exchange Act (limited to one pertaining to a violation relating to a quarterly securities report) is deemed to be a decision prescribed in Article 185-7, paragraph (18) of the item (iii) New Financial Instruments and Exchange Act, and the provisions of paragraph (15) of that Article apply.