# 金融商品取引法 / Financial Instruments and Exchange Act — 第百三十九条 (Article 139)

- 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: 第百三十九条 (Article 139)（会員金融商品取引所と株式会社金融商品取引所との吸収合併契約） — address `art-139`
- 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-139
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-139
- 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.

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### 第百三十九条（会員金融商品取引所と株式会社金融商品取引所との吸収合併契約） — (Absorption-Type Merger Agreements between an Incorporated Association-Operated Financial Instruments Exchange and an Incorporated Financial Instruments Exchange)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-139 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139 · https://japanlaw.org/l/323AC0000000025/art-139</sup>

      **第一項**  会員金融商品取引所と株式会社金融商品取引所とが吸収合併をする場合には、吸収合併契約において、次に掲げる事項を定めなければならない。
      <sup>art-139/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139/par-1 · https://japanlaw.org/l/323AC0000000025/art-139/par-1</sup>
      If an incorporated association-operated financial instruments exchange and an incorporated financial instruments exchange implement an absorption-type merger, they must specify the following particulars in the absorption-type merger agreement:
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **一**  吸収合併後存続する株式会社金融商品取引所（以下この款において「吸収合併存続株式会社金融商品取引所」という。）の商号及び住所並びに吸収合併消滅会員金融商品取引所の名称及び住所
        <sup>art-139/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-139/par-1/item-1</sup>
        the trade name and address of the incorporated financial instruments exchange that will survive the absorption-type merger (hereinafter referred to as the "incorporated financial instruments exchange surviving the absorption-type merger" in this Subsection), and the name and address of the incorporated association-operated financial instruments exchange disappearing in the absorption-type merger;
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **二**  吸収合併存続株式会社金融商品取引所が吸収合併に際して吸収合併消滅会員金融商品取引所の会員に対してその持分に代わる株式等（株式又は金銭をいう。以下この款において同じ。）を交付するときは、当該株式等についての次に掲げる事項
        <sup>art-139/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-139/par-1/item-2</sup>
        if the incorporated financial instruments exchange surviving the absorption-type merger will deliver shares, etc. in lieu of equity (meaning shares or money; hereinafter the same applies in this Subsection) to the members of the incorporated association-operated financial instruments exchange disappearing in the absorption-type merger at the time of the absorption-type merger, the following particulars concerning those shares, etc.:
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

          **イ**  当該株式等が吸収合併存続株式会社金融商品取引所の株式であるときは、当該株式の数（種類株式発行会社にあつては、株式の種類及び種類ごとの数）又はその数の算定方法並びに当該吸収合併存続株式会社金融商品取引所の資本金及び準備金の額に関する事項
          <sup>art-139/par-1/item-2/sub-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139/par-1/item-2/sub-1 · https://japanlaw.org/l/323AC0000000025/art-139/par-1/item-2/sub-1</sup>
          if the shares, etc. are shares in the incorporated financial instruments exchange surviving the absorption-type merger, their number (for a company with class shares, the classes of shares and the number of shares in each class) or the method of calculating their number, and the particulars of the stated capital and reserve funds of the incorporated financial instruments exchange surviving the absorption-type merger; and
          <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

          **ロ**  当該株式等が金銭であるときは、当該金銭の額又はその算定方法
          <sup>art-139/par-1/item-2/sub-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139/par-1/item-2/sub-2 · https://japanlaw.org/l/323AC0000000025/art-139/par-1/item-2/sub-2</sup>
          if the shares, etc. are money, the amount of that money or the method of calculating the amount;
          <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **三**  前号に規定する場合には、吸収合併消滅会員金融商品取引所の会員に対する同号の株式等の割当てに関する事項
        <sup>art-139/par-1/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-139/par-1/item-3</sup>
        in the case prescribed in the preceding item, the particulars of the allotment of the shares, etc. referred to in that item to members of the incorporated association-operated financial instruments exchange disappearing in the absorption-type merger; and
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **四**  効力発生日その他内閣府令で定める事項
        <sup>art-139/par-1/item-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-139/par-1/item-4</sup>
        the effective date and other particulars specified by Cabinet Office Order.
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-139/par-1/item-3: 前号 → 金融商品取引法 第百三十九条第一項第二号 (Article 139, paragraph (1), item (ii)), art-139/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-139/par-1/item-2

## Cited by

4 provisions cite this one. No official source publishes this direction.

- 金融商品取引法 第百三十九条第一項第三号（会員金融商品取引所と株式会社金融商品取引所との吸収合併契約） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-139/par-1/item-3
- 金融商品取引法 第百三十九条の八第三項（吸収合併契約の承認等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-8/par-3 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-3
- 金融商品取引法 第百四十二条第六項第一号（みなし免許等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-142/par-6/item-1 · https://japanlaw.org/l/323AC0000000025/art-142/par-6/item-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

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## 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
