# 金融商品取引法 / Financial Instruments and Exchange Act — 第百三十九条の十五 (Article 139-15) - 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: 第百三十九条の十五 (Article 139-15)（新設合併契約の承認） — address `art-139-15` - 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-139-15 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-139-15 - 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. --- ### 第百三十九条の十五（新設合併契約の承認） — (Approval of Consolidation-Type Merger Agreement) caption: Ministry of Justice translation — Japanese Law Translation Database System art-139-15 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15 · https://japanlaw.org/l/323AC0000000025/art-139-15 **第一項** 新設合併消滅株式会社金融商品取引所は、株主総会の決議によつて、新設合併契約の承認を受けなければならない。 art-139-15/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-1 An incorporated financial instruments exchange disappearing in a consolidation-type merger must obtain approval for the consolidation-type merger agreement by a resolution at a shareholders meeting. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の株主総会の決議は、当該株主総会において議決権を行使することができる株主の議決権の過半数（三分の一以上の割合を定款で定めた場合にあつては、その割合以上）を有する株主が出席し、出席した当該株主の議決権の三分の二（これを上回る割合を定款で定めた場合にあつては、その割合）以上に当たる多数をもつて行わなければならない。この場合においては、当該決議の要件に加えて、一定の数以上の株主の賛成を要する旨その他の要件を定款で定めることを妨げない。 art-139-15/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-2 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-2 The resolution at a shareholders meeting referred to in the preceding paragraph must be adopted by at least a two-thirds majority (or, if a higher proportion is provided for in the articles of incorporation, that proportion) of the votes of the attending shareholders, at a meeting where shareholders holding over half the voting rights (if a proportion of one-third or more is specified by the articles of incorporation, at least such a proportion) of the shareholders that are entitled to exercise voting rights at the relevant shareholders meeting, are present. In such a case, an incorporated financial instruments exchange disappearing in the consolidation-type merger is not precluded from establishing provisions in its articles of incorporation that require at least a certain number of affirmative votes from the shareholders or other requirements, in addition to the requirement for the resolution. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 前項の規定にかかわらず、新設合併消滅株式会社金融商品取引所が公開会社である場合において、新設合併消滅株式会社金融商品取引所の株主に対して交付する新設合併設立株式会社金融商品取引所の株式の全部又は一部が譲渡制限株式であるときは、第一項の株主総会（種類株式発行会社の株主総会を除く。）の決議は、会社法第三百九条第三項に定める決議によらなければならない。 art-139-15/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-3 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-3 Notwithstanding the provisions of the preceding paragraph, if an incorporated financial instruments exchange disappearing in a consolidation-type merger is a public company, and all or part of the shares in the incorporated financial instruments exchange incorporated in the consolidation-type merger that is to be delivered to the shareholders of the incorporated financial instruments exchange disappearing in the consolidation-type merger are shares with a restriction on transfer, the resolution at a shareholders meeting referred to in paragraph (1) (excluding a shareholders meeting for a company with class shares) must be in accordance with Article 309, paragraph (3) of the Companies Act. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 新設合併消滅株式会社金融商品取引所が種類株式発行会社である場合において、新設合併消滅株式会社金融商品取引所の株主に対して交付する新設合併設立株式会社金融商品取引所の株式の全部又は一部が譲渡制限株式であるときは、当該新設合併は、当該譲渡制限株式の割当てを受ける種類の株式（譲渡制限株式を除く。）の種類株主を構成員とする種類株主総会（当該種類株主に係る株式の種類が二以上ある場合にあつては、当該二以上の株式の種類別に区分された種類株主を構成員とする各種類株主総会）の決議がなければ、その効力を生じない。ただし、当該種類株主総会において議決権を行使することができる株主が存しない場合は、この限りでない。 art-139-15/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-4 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-4 If an incorporated financial instruments exchange disappearing in a consolidation-type merger is a company with class shares, and all or part of the shares in the incorporated financial instruments exchange incorporated in the consolidation-type merger that is to be delivered to the shareholders of the incorporated financial instruments exchange disappearing in the consolidation-type merger are shares with a restriction on transfer, the consolidation-type merger does not become effective without a resolution at the class shareholders meeting that consists of class shareholders for the class of shares (other than shares with a restriction on transfer) subject to the allotment of shares with a restriction on transfer (or, if there are two or more classes of shares associated with those class shareholders, without the resolutions of each class shareholders meeting whose constituent members are the class shareholders in each separate class of those two or more classes of shares); provided, however, that this does not apply if there are no shareholders that are entitled to exercise their voting rights at such a class shareholders meeting. Ministry of Justice translation — Japanese Law Translation Database System **第五項** 前項の種類株主総会の決議は、当該種類株主総会において議決権を行使することができる株主の半数以上（これを上回る割合を定款で定めた場合にあつては、その割合以上）であつて、当該株主の議決権の三分の二（これを上回る割合を定款で定めた場合にあつては、その割合）以上に当たる多数をもつて行わなければならない。 art-139-15/par-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-5 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-5 The class shareholders resolution referred to in the preceding paragraph is adopted with a majority that constitutes at least two-thirds (or, if a higher proportion is provided for in the articles of incorporation, that proportion) of the votes of at least half (or, if a higher proportion is provided for in the articles of incorporation, at least such a proportion) of the number of shareholders that are entitled to exercise voting rights at the relevant class shareholders meeting. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-139-15/par-2: 前項 → 金融商品取引法 第百三十九条の十五第一項 (Article 139-15, paragraph (1)), art-139-15/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-1 - art-139-15/par-3: 前項 → 金融商品取引法 第百三十九条の十五第二項 (Article 139-15, paragraph (2)), art-139-15/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-2 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-2 - art-139-15/par-3: 第一項 → 金融商品取引法 第百三十九条の十五第一項 (Article 139-15, paragraph (1)), art-139-15/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-1 - art-139-15/par-3: 会社法第三百九条第三項 → 会社法 第三百九条第三項 (Article 309, paragraph (3)), art-309/par-3 — https://japanlaw.org/en/companies-act/art-309/par-3 · https://japanlaw.org/l/417AC0000000086/art-309/par-3 - art-139-15/par-5: 前項 → 金融商品取引法 第百三十九条の十五第四項 (Article 139-15, paragraph (4)), art-139-15/par-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-4 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-4 ## Cited by 7 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百三十九条の九第一項（吸収合併契約等の承認を要しない場合等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-9/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-9/par-1 - 金融商品取引法 第百三十九条の十四第一項（新設合併等に関する書面等の備置き及び閲覧等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-14/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-14/par-1 - 金融商品取引法 第百三十九条の十五第二項（新設合併契約の承認） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-2 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-2 - 金融商品取引法 第百三十九条の十五第三項（新設合併契約の承認） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-3 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-3 - 金融商品取引法 第百三十九条の十五第五項（新設合併契約の承認） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-15/par-5 · https://japanlaw.org/l/323AC0000000025/art-139-15/par-5 - 金融商品取引法 第百三十九条の十六第一項（株主等に対する通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-139-16/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-16/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 --- ## 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