# 金融商品取引法 / Financial Instruments and Exchange Act — 第百六条の十 (Article 106-10) - Law: 金融商品取引法 (Financial Instruments and Exchange Act), 昭和二十三年法律第二十五号 - English title "Financial Instruments and Exchange Act": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第百六条の十 (Article 106-10)（認可等） — address `art-106-10` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-106-10 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第百六条の十（認可等） — (Authorization) caption: Ministry of Justice translation — Japanese Law Translation Database System art-106-10 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10 · https://japanlaw.org/l/323AC0000000025/art-106-10 **第一項** 株式会社金融商品取引所を子会社としようとする者又は株式会社金融商品取引所を子会社とする会社の設立をしようとする者は、あらかじめ、内閣総理大臣の認可を受けなければならない。ただし、認可金融商品取引業協会、金融商品取引所、商品取引所又は商品取引所持株会社が株式会社金融商品取引所を子会社とする場合は、この限りでない。 art-106-10/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-1 A person seeking to have an incorporated financial instruments exchange as its subsidiary company, or a person seeking to incorporate as a company that has an incorporated financial instruments exchange as its subsidiary company must obtain the authorization of the Prime Minister in advance to do so; provided, however that this does not apply if an authorized financial instruments firms association, financial instruments exchange, commodity exchange, or commodity exchange holding company has an incorporated financial instruments exchange as its subsidiary company. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項本文の規定は、保有する対象議決権の数に増加がない場合その他の内閣府令で定める場合において、株式会社金融商品取引所を子会社とすることとなるときには、適用しない。 art-106-10/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-2 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-2 If the number of subject voting rights that the person holds does not increase or if the case is otherwise specified by Cabinet Office Order, and the person will come to have an incorporated financial instruments exchange as its subsidiary company, the provisions of the main clause of the preceding paragraph do not apply. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 前項に規定する場合において、株式会社金融商品取引所を子会社とすることとなつた会社（以下この条において「特定持株会社」という。）は、特定持株会社となつた日から三月以内に、株式会社金融商品取引所を子会社とする会社でなくなるために必要な措置をとらなければならない。ただし、当該特定持株会社が株式会社金融商品取引所を子会社とする会社であることについて内閣総理大臣の認可を受けた場合は、この限りでない。 art-106-10/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-3 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-3 In the case prescribed in the preceding paragraph, a company that comes to have an incorporated financial instruments exchange as its subsidiary company (hereinafter referred to as a "specified holding company" in this Article) must take the necessary measures for it to cease to be a company that has an incorporated financial instruments exchange as its subsidiary company, within three months from the day on which the company becomes a specified holding company; provided, however, that this does not apply if the specified holding company obtains the authorization of the Prime Minister as a company that has an incorporated financial instruments exchange as its subsidiary company. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 第百六条の三第三項及び第五項の規定は、特定持株会社について準用する。この場合において、同条第三項中「前項」とあるのは「第百六条の十第二項」と、同条第五項中「前項」とあるのは「第百六条の十第三項」と、「株式会社金融商品取引所の総株主の議決権の百分の五十以下の数の対象議決権の保有者となつたとき」とあるのは「株式会社金融商品取引所を子会社とする会社でなくなつたとき」と読み替えるものとする。 art-106-10/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-4 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-4 The provisions of Article 106-3, paragraphs (3) and (5) apply mutatis mutandis to a specified holding company. In this case, in paragraph (3) of that Article, the phrase "the preceding paragraph" is deemed to be replaced with "Article 106-10, paragraph (2)"; and in Article 106-3, paragraph (5), the phrase "the preceding paragraph" is deemed to be replaced with "Article 106-10, paragraph (3)" and the phrase "becomes the holder of a number of subject voting rights that constitutes 50 percent or less of all shareholders' voting rights in an incorporated financial instruments exchange" is deemed to be replaced with "ceases to be a company that has an incorporated financial instruments exchange as its subsidiary company". Ministry of Justice translation — Japanese Law Translation Database System **第五項** 第三十条の二の規定は、第一項及び第三項ただし書の認可について準用する。 art-106-10/par-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-5 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-5 The provisions of Article 30-2 apply mutatis mutandis to the authorization referred to in paragraph (1) or in the proviso to paragraph (3). Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-106-10/par-2: 前項 → 金融商品取引法 第百六条の十第一項 (Article 106-10, paragraph (1)), art-106-10/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-1 - art-106-10/par-3: 前項 → 金融商品取引法 第百六条の十第二項 (Article 106-10, paragraph (2)), art-106-10/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-2 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-2 - art-106-10/par-3: この条 → 金融商品取引法 第百六条の十 (Article 106-10), art-106-10 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10 · https://japanlaw.org/l/323AC0000000025/art-106-10 - art-106-10/par-4: 第百六条の三第三項 → 金融商品取引法 第百六条の三第三項 (Article 106-3, paragraph (3)), art-106-3/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-3/par-3 · https://japanlaw.org/l/323AC0000000025/art-106-3/par-3 - art-106-10/par-4: 第五項 → 金融商品取引法 第百六条の三第五項 (Article 106-3, paragraph (5)), art-106-3/par-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-3/par-5 · https://japanlaw.org/l/323AC0000000025/art-106-3/par-5 - art-106-10/par-4: 前項 → 金融商品取引法 第百六条の三第二項 (Article 106-3, paragraph (2)), art-106-3/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-3/par-2 · https://japanlaw.org/l/323AC0000000025/art-106-3/par-2 - art-106-10/par-4: 第百六条の十第二項 → 金融商品取引法 第百六条の十第二項 (Article 106-10, paragraph (2)), art-106-10/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-2 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-2 - art-106-10/par-4: 前項 → 金融商品取引法 第百六条の三第四項 (Article 106-3, paragraph (4)), art-106-3/par-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-3/par-4 · https://japanlaw.org/l/323AC0000000025/art-106-3/par-4 - art-106-10/par-4: 第百六条の十第三項 → 金融商品取引法 第百六条の十第三項 (Article 106-10, paragraph (3)), art-106-10/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-3 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-3 - art-106-10/par-5: 第三十条の二 → 金融商品取引法 第三十条の二 (Article 30-2), art-30-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-30-2 · https://japanlaw.org/l/323AC0000000025/art-30-2 - art-106-10/par-5: 第一項 → 金融商品取引法 第百六条の十第一項 (Article 106-10, paragraph (1)), art-106-10/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-1 - art-106-10/par-5: 第三項 → 金融商品取引法 第百六条の十第三項 (Article 106-10, paragraph (3)), art-106-10/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-3 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-3 ## Cited by 22 provisions cite this one. No official source publishes this direction. - 住民基本台帳法 別表第一 — https://japanlaw.org/en/residential-basic-book-act/appdx-1 · https://japanlaw.org/l/342AC0000000081/appdx-1 - 金融商品取引法 第二条第十八項（定義） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-18 · https://japanlaw.org/l/323AC0000000025/art-2/par-18 - 金融商品取引法 第百六条の十第二項（認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-2 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-2 - 金融商品取引法 第百六条の十第三項（認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-3 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-3 - 金融商品取引法 第百六条の十第四項（認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-4 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-4 - 金融商品取引法 第百六条の十第五項（認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-10/par-5 · https://japanlaw.org/l/323AC0000000025/art-106-10/par-5 - 金融商品取引法 第百六条の十一第一項（認可の申請） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-11/par-1 · https://japanlaw.org/l/323AC0000000025/art-106-11/par-1 - 金融商品取引法 第百六条の十三第一項（認可の拒否等に係る規定の準用） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-13/par-1 · https://japanlaw.org/l/323AC0000000025/art-106-13/par-1 - 金融商品取引法 第百六条の二十八第一項（監督上の処分） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-28/par-1 · https://japanlaw.org/l/323AC0000000025/art-106-28/par-1 - 金融商品取引法 第百六条の二十八第三項（監督上の処分） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-28/par-3 · https://japanlaw.org/l/323AC0000000025/art-106-28/par-3 - 金融商品取引法 第百七条第一項（認可の失効） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-1 · https://japanlaw.org/l/323AC0000000025/art-107/par-1 - 金融商品取引法 第百五十四条の二第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-154-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-154-2/par-1 - 金融商品取引法 第百九十四条の四第一項第十九号（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-19 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-19 - 金融商品取引法 第百九十四条の四第一項第二十三号（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-23 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-23 - 金融商品取引法 第百九十四条の四第一項第二十五号（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-25 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-25 - 金融商品取引法 第百九十四条の六の三第一項第二号（商品市場所管大臣への事前通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-6-3/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-194-6-3/par-1/item-2 - 金融商品取引法 第百九十八条の四第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-198-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-198-4/par-1 - 金融商品取引法 第二百一条第一項第二号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-201/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-201/par-1/item-2 - 金融商品取引法 第二百五条第一項第十三号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-205/par-1/item-13 · https://japanlaw.org/l/323AC0000000025/art-205/par-1/item-13 - 金融商品取引法 第二百五条の二の三第一項第一号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-205-2-3/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-205-2-3/par-1/item-1 - 金融商品取引法 附則第百十一条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-111/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-111/par-1 - 金融商品取引法 附則第百二十条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-120/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-120/par-1 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/323AC0000000025/20260812_508AC0000000064), retrieved 2026-10-22 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22 - This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22