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Foreign Exchange and Foreign Trade Act

Article 26, paragraph (2), item (iii)

第二十六条第二項第三号

Each amendment that changed this provision, and each that will, oldest first. Each is shown against the wording just before it; where an amendment gives the provision another number, it is followed under the new one. Read it as it stands today

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Underlined: words the amendment adds. A bar: where it removes words.Underlined: words the amendment adds. Struck through: the words it removes.Underlined: words the amendment adds. Struck through: the words it removes.

  1. In force today

    the acquisition of shares in a listed or equivalent company (but only an acquisition that results in the sum total that is arrived at when the number of shares in the listed or equivalent company that the person acquiring them (hereinafter referred to as "the acquirer of the shares" in this item and paragraph (4)) owns after the acquisition; the number of shares in the listed or equivalent company owned by persons closely affiliated with the acquirer of the shares; and the number of shares in the listed or equivalent company that will be subject to investment in the event that the acquirer of the shares and persons closely affiliated with the acquirer of the shares invest in shares (or give instructions to do so; this is limited to investment in shares that satisfies the requirements prescribed by Cabinet Order) after having been entrusted to do so by another person based on a discretionary investment contract or any other such contract (on the basis of the net total calculated by deducting the number of duplicate shares among these shares, if any) are added together, accounting for a proportion of the total number of issued shares in the listed or equivalent company that does not fall below 1 percent and that is at least the percentage prescribed by Cabinet Order);

    上場会社等の株式の取得(当該取得をしたもの(以下この号及び第四項において「株式取得者」という。)が、当該取得の後において所有することとなる当該上場会社等の株式の数、当該株式取得者の密接関係者が所有する当該上場会社等の株式の数並びに当該株式取得者及び当該株式取得者の密接関係者が投資一任契約その他の契約に基づき他のものから委任を受けて株式の運用(その指図をすることを含み、政令で定める要件を満たすものに限る。)をする場合におけるその対象となる当該上場会社等の株式の数を合計した株式の数(これらの株式に重複するものがある場合には、当該重複する数を控除した純計によるもの)の当該上場会社等の発行済株式の総数に占める割合が百分の一を下らない率で政令で定める率以上となる場合に行う取得に限る。)

  2. Not yet in force Act No. 30 of 2026 Reworded

    the acquisition of shares in a listed or equivalent company (but only an acquisition that results in the sum total that is arrived at when the net number of shares (meaning the total number of shares inon the listed or equivalent company that the person acquiring them (hereinafter referred to as "the acquirer of the shares" in this item and paragraph (4)) owns after the acquisition; the number of shares in the listed or equivalent company owned by persons closely affiliated with the acquirer of the shares; and the number of shares in the listed or equivalent company that will be subject to investment in the event that the acquirer of the shares and persons closely affiliated with the acquirer of the shares investbasis of the net total calculated by deducting the number of duplicate shares, if any, among the shares whose numbers are added together; the same applies in item (ix), (b) and item (x), (b)) arrived at when the number of shares owned or otherwise managed under contract (meaning shares that a person owns and shares that are subject to investment in the event that the person invests in shares (or givegives instructions to do so; this is limited to investment in shares that satisfies) that satisfy the requirements prescribed by Cabinet Order) after having been entrusted to do so by another person based on a discretionary investment contract or any other such contract (on the basis of the net total calculated by deducting the number of duplicate shares among these shares, if any); hereinafter the same applies in this Article and Article 29, paragraph (9)) in the listed or equivalent company that the person acquiring them (hereinafter referred to as "the acquirer of the shares" in this item and paragraph (4)) will come to own after the acquisition, and the number of shares owned or otherwise managed under contract in the listed or equivalent company that are owned by persons closely affiliated with the acquirer of the shares are added together, accounting for a proportion of the total number of issued shares in the listed or equivalent company that does not fall below 1 percent and that is at least the percentage prescribed by Cabinet Order);

    上場会社等の株式の取得(当該取得をしたもの(以下この号及び第四項において「株式取得者」という。)が、当該取得の後において所有することとなる当該上場会社等の株式の数、当該株式取得者の密接関係者が所有する当該上場会社等の株式の数並びに当該株式取得者及び当該株式取得者の密接関係者が所有等株式(自己が所有する株式及び投資一任契約その他の契約に基づき他のものから委任を受けて株式の運用(その指図をすることを含み、政令で定める要件を満たすものに限る。)株式の運用又はその指図をする場合におけるその対象となる当該株式をいう。以下この条及び第二十九条第九項において同じ。)の数及び当該株式取得者の密接関係者が所有する当該上場会社等の所有等株式の数を合計した株式の数(これらの純株式数(その数を合計する株式に重複するものがある場合には、当該重複する数を控除した純計によるもの株式の合計の数をいう。第九号ロ及び第十号ロにおいて同じ。)の当該上場会社等の発行済株式の総数に占める割合が百分の一を下らない率で政令で定める率以上となる場合に行う取得に限る。)

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