Supplementary Provisions, Article 4Transitional Measures Accompanying Partial Amendment of the Securities and Exchange Act

The provisions of Article 166 of the Securities and Exchange Act as amended by the provisions of the preceding Article apply to the sale and purchase, etc. under that Article by a person who came to know a material fact prescribed in paragraph (1) of that Article that arose on or after the day this Act comes into effect (hereinafter referred to as "the effective date") (limited, in the case of a decision not to do a matter set forth in item (i) of paragraph (2) of that Article made by the organ of a listed company, etc. that is responsible for making decisions on the execution of its operations as prescribed in that item, to one where the decision of that organ to do that matter was made on or after the effective date, and, in the case of a fact set forth in item (iii) of that paragraph, limited to one that arose in comparison with the last disclosed forecasts or the disclosed actual figures for the preceding business year prescribed in Article 166, paragraph (2), item (iii) for which the public announcement under paragraph (4) of that Article was made on or after the effective date) or by a person who received information on these facts, and the provisions then in force continue to govern the sale and purchase, etc. under that Article by a person who came to know a material fact prescribed in Article 166, paragraph (1) of the Securities and Exchange Act prior to amendment by the provisions of the preceding Article that arose before the effective date (including, in the case of a decision not to do a matter set forth in item (i) of paragraph (2) of that Article made by the organ of a listed company, etc. that is responsible for making decisions on the execution of its operations as prescribed in that item, one where the decision of that organ to do that matter was made before the effective date and the decision not to do that matter was made on or after the effective date, and, in the case of a fact set forth in item (iii) of that paragraph, including one that arose on or after the effective date in comparison with the last disclosed forecasts or the disclosed actual figures for the preceding business year prescribed in Article 166, paragraph (2), item (iii) for which the public announcement under paragraph (4) of that Article was made before the effective date) or by a person who received information on these facts.