# 金融商品取引法 / Financial Instruments and Exchange Act — 第百七条 (Article 107) - 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: 第百七条 (Article 107)（認可の失効） — address `art-107` - 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-107 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-107 - 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. --- ### 第百七条（認可の失効） — (Lapse of Authorization) caption: Ministry of Justice translation — Japanese Law Translation Database System art-107 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107 · https://japanlaw.org/l/323AC0000000025/art-107 **第一項** 金融商品取引所持株会社が次の各号のいずれかに該当することとなつたときは、第百六条の十第一項及び第三項ただし書の認可は、その効力を失う。 art-107/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-1 · https://japanlaw.org/l/323AC0000000025/art-107/par-1 If a financial instruments exchange holding company comes to fall under any of the following items, Article 106-10, paragraph (1) authorization or the authorization referred to in the proviso to paragraph (3) of that Article ceases to be effective: Ministry of Justice translation — Japanese Law Translation Database System **一** 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（当該株式会社金融商品取引所の議決権の保有の態様その他の事情を勘案して内閣府令で定める場合を除く。）。 art-107/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-107/par-1/item-1 it ceases to be a company that has an incorporated financial instruments exchange as its subsidiary company (excluding the cases that are specified by Cabinet Office Order in consideration of the manner in which voting rights are held in the incorporated financial instruments exchange, or any other relevant circumstances); Ministry of Justice translation — Japanese Law Translation Database System **二** 解散したとき。 art-107/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-107/par-1/item-2 it is dissolved; Ministry of Justice translation — Japanese Law Translation Database System **三** 設立、合併（当該合併により設立される会社が金融商品取引所持株会社であるものに限る。）又は新設分割（当該新設分割により設立された会社が金融商品取引所持株会社であるものに限る。）を無効とする判決が確定したとき。 art-107/par-1/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-107/par-1/item-3 a judgment invalidating its incorporation or a merger (but only if the company incorporated in the merger is a financial instrument exchange holding company) or incorporation-type company split (but only if the company incorporated in the incorporation-type company split is a financial instrument exchange holding company) becomes final and binding; Ministry of Justice translation — Japanese Law Translation Database System **四** 認可を受けた日から六月以内に株式会社金融商品取引所を子会社とする会社とならなかつたとき。 art-107/par-1/item-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-107/par-1/item-4 it fails to become a company that has an incorporated financial instruments exchange as its subsidiary company within six months from the date on which authorization is obtained; or Ministry of Justice translation — Japanese Law Translation Database System **五** 金融商品取引所又は商品取引所になつたとき。 art-107/par-1/item-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-107/par-1/item-5 it becomes a financial instruments exchange or a commodity exchange. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定により認可が失効したとき（同項第五号に係る場合にあつては、商品取引所になつたときに限る。）は、金融商品取引所持株会社であつた者は、遅滞なく、その旨を内閣総理大臣に届け出なければならない。 art-107/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-2 · https://japanlaw.org/l/323AC0000000025/art-107/par-2 If an authorization has ceased to be effective pursuant to the provisions of the preceding paragraph (in a case to which item (v) of that paragraph pertains, this is only if the financial instruments exchange holding company becomes a commodity exchange), the person that was the financial instruments exchange holding company must notify the Prime Minister of this without delay. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-107/par-1: 第百六条の十第一項 → 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-107/par-1: 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-107/par-2: 前項 → 金融商品取引法 第百七条第一項 (Article 107, paragraph (1)), art-107/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-1 · https://japanlaw.org/l/323AC0000000025/art-107/par-1 - art-107/par-2: 同項第五号 → 金融商品取引法 第百七条第一項第五号 (Article 107, paragraph (1), item (v)), art-107/par-1/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-107/par-1/item-5 ## Cited by 4 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百七条第二項（認可の失効） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-107/par-2 · https://japanlaw.org/l/323AC0000000025/art-107/par-2 - 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二項第五号（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-2/item-5 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-2/item-5 - 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