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.

①The provisions of Article 24-5, paragraph (1) of the item (iii) New Financial Instruments and Exchange Act (including as applied mutatis mutandis pursuant to paragraph (3) of that Article (including as applied mutatis mutandis pursuant to Article 27 of the item (iii) New Financial Instruments and Exchange Act) and as applied mutatis mutandis pursuant to Article 27 of the item (iii) New Financial Instruments and Exchange Act; the same applies in the following paragraph) apply to a semiannual securities report (meaning the semiannual securities report prescribed in Article 24-5, paragraph (1) of the item (iii) New Financial Instruments and Exchange Act; the same applies in the following paragraph) for a business year that begins on or after the item (iii) effective date, and with respect to a semiannual securities report (meaning the semiannual securities report prescribed in Article 24-5, paragraph (1) of the item (iii) Old Financial Instruments and Exchange Act) for a business year that began before the item (iii) effective date, the provisions then in force continue to govern.

②In the case where a quarterly securities report (limited to one pertaining to the first quarter of a business year and for which the period for its submission begins on or after the item (iii) effective date) is submitted on or after the item (iii) effective date pursuant to the provisions of paragraph (1) of the preceding Article, with respect to the submission of a semiannual securities report, notwithstanding the preceding paragraph, the provisions of Article 24-5, paragraph (1) of the item (iii) New Financial Instruments and Exchange Act apply from the business year to which that quarter belongs.

The provisions of Article 25 of the item (iii) New Financial Instruments and Exchange Act apply to the documents set forth in paragraph (1), items (i), (ii) and (vi) through (viii) of that Article that are accepted on or after the item (iii) effective date and the public inspection of copies of those documents that are submitted on or after the item (iii) effective date, and with respect to the documents set forth in Article 25, paragraph (1), items (i) through (iii) and (viii) through (x) of the item (iii) Old Financial Instruments and Exchange Act that were accepted before the item (iii) effective date and the public inspection of copies of those documents that were submitted before the item (iii) effective date, the provisions then in force continue to govern.

With regard to the solicitation for acquisition, or the offer to sell or the solicitation of an offer to purchase, concerning the rights set forth in Article 2, paragraph (2), items (v) and (vi) of the Financial Instruments and Exchange Act as amended by the provisions of Article 1 (excluding the amending provisions set forth in the items of Article 1 of the Supplementary Provisions; hereinafter the same applies in this Article) (hereinafter referred to as the "New Financial Instruments and Exchange Act") (excluding the rights set forth in Article 2, paragraph (2), items (v) and (vi) of the Financial Instruments and Exchange Act before amendment by the provisions of Article 1 (hereinafter referred to as the "Former Financial Instruments and Exchange Act")), which was commenced before the day on which this Act comes into effect (hereinafter referred to as the "effective date"), the provisions of Chapter II of the New Financial Instruments and Exchange Act do not apply to these solicitations.

①A person that is actually engaged in the new financial instruments business (meaning the financial instruments business prescribed in Article 2, paragraph (8) of the New Financial Instruments and Exchange Act, excluding that which falls under the financial instruments business prescribed in Article 2, paragraph (8) of the Former Financial Instruments and Exchange Act; hereinafter the same applies in this Article and the following Article) at the time this Act comes into effect (excluding a financial instruments business operator (meaning a financial instruments business operator prescribed in Article 2, paragraph (9) of the New Financial Instruments and Exchange Act; the same applies in paragraph (3) and Article 8 of the Supplementary Provisions) and a financial institution prescribed in Article 33, paragraph (1) of the New Financial Instruments and Exchange Act) may, for the six months counted from the effective date (or, if within that period a disposition of refusal of registration under Article 29-4, paragraph (1) of the New Financial Instruments and Exchange Act is made, or the person is ordered to discontinue the whole of the new financial instruments business pursuant to Article 52, paragraph (1) of the Financial Instruments and Exchange Act as applied with modified terms pursuant to paragraph (3), until the day of that disposition or the day on which the person is so ordered), notwithstanding Article 29 of the Financial Instruments and Exchange Act, engage in that new financial instruments business with respect to securities and derivatives transactions of the same types as the securities and derivatives transactions that the person actually handles at the time this Act comes into effect, making the customers of that new financial instruments business that the person actually conducts at the time this Act comes into effect the persons to which it is directed, or conducting it for those customers.

②If a person that may engage in the new financial instruments business pursuant to the provisions of the preceding paragraph files an application for registration under Article 29 of the Financial Instruments and Exchange Act by the day on which six months have elapsed from the effective date, and that period has elapsed, the same applies as in the preceding paragraph until a disposition of registration or refusal of registration is made with regard to that application (or, if the person is ordered in the meantime to discontinue all of the new financial instruments business pursuant to the provisions of Article 52, paragraph (1) of that Act as applied with the terms replaced pursuant to the provisions of the following paragraph, until the day on which the person was so ordered); provided, however, that this does not apply if one year and six months have elapsed from the effective date.

③In the case where a person may engage in the new financial instruments business pursuant to the provisions of the preceding two paragraphs, the person is deemed to be a financial instruments business operator, and the provisions of Chapter III, Section 1, Subsection 5, Section 2 (excluding Article 36-2), Section 3 (excluding Articles 46, 46-5, 46-6, 49-4 and 49-5), Section 4 (excluding Article 53) and Section 8 of the New Financial Instruments and Exchange Act, and the provisions of Chapter VIII and Chapter VIII-2 of the New Financial Instruments and Exchange Act pertaining to these provisions (including provisions of orders based on these provisions), apply. In this case, in Article 52, paragraph (1) of the Financial Instruments and Exchange Act, the phrase "rescind its Article 29 registration" is deemed to be replaced with "order the discontinuation of all of the new financial instruments business (meaning the new financial instruments business prescribed in Article 6, paragraph (1) of the Supplementary Provisions of the Act Partially Amending the Financial Instruments and Exchange Act, etc. (Act No. 79 of 2023))", and in addition, any other necessary technical replacement of terms is specified by Cabinet Order.

④With regard to the application of the provisions of the New Financial Instruments and Exchange Act in the case where a person is ordered to discontinue all of the new financial instruments business pursuant to the provisions of Article 52, paragraph (1) of the Financial Instruments and Exchange Act as applied with the terms replaced pursuant to the provisions of the preceding paragraph, the person ordered to discontinue is deemed to be a person whose registration under Article 29 of the Financial Instruments and Exchange Act has been rescinded pursuant to the provisions of Article 52, paragraph (1) of that Act, and the day on which the person was ordered to discontinue is deemed to be the day of rescission of the registration under Article 29 of that Act pursuant to the provisions of Article 52, paragraph (1) of that Act.