# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十六条の五の十 (Article 156-5-10) - 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: 第百五十六条の五の十 (Article 156-5-10)（主要株主に係る認可の失効） — address `art-156-5-10` - 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-156-5-10 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-156-5-10 - 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. --- ### 第百五十六条の五の十（主要株主に係る認可の失効） — (Lapse of Authorization as a Major Shareholder) caption: Ministry of Justice translation — Japanese Law Translation Database System art-156-5-10 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-10 · https://japanlaw.org/l/323AC0000000025/art-156-5-10 **第一項** 第百五十六条の五の五第一項の認可を受けた者が当該認可を受けた日から六月以内に保有基準割合以上の数の対象議決権の保有者とならなかつたとき、又は保有基準割合以上の数の対象議決権の保有者である会社その他の法人の設立をしなかつたときは、当該認可は、その効力を失う。この場合において、当該認可を受けた者は、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-156-5-10/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-10/par-1 If a person that has obtained Article 156-5-5, paragraph (1) authorization does not become the holder of a number of subject voting rights that is equal to or greater than the threshold holding ratio, or does not incorporate as a company or other corporation that holds a number of subject voting rights that is equal to or greater than the threshold holding ratio within six months from the day on which that person obtains the authorization, that authorization ceases to be effective. In such a case, the person that obtained the authorization must notify the Prime Minister of this without delay. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 金融商品取引清算機関の主要株主が保有基準割合未満の数の対象議決権の保有者となつたときは、第百五十六条の五の五第一項又は第四項ただし書の認可は、その効力を失う。この場合において、主要株主であつた者は、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-156-5-10/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-10/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-5-10/par-2 If the major shareholder of a financial instruments clearing organization has become the holder of a number of subject voting rights that is less than the threshold holding ratio, the authorization referred to in Article 156-5-5, paragraph (1) or in the proviso to paragraph (4) of that Article ceases to be effective. In such a case, the person that was formerly a major shareholder must notify the Prime Minister of this without delay. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-156-5-10/par-1: 第百五十六条の五の五第一項 → 金融商品取引法 第百五十六条の五の五第一項 (Article 156-5-5, paragraph (1)), art-156-5-5/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-1 - art-156-5-10/par-2: 第百五十六条の五の五第一項 → 金融商品取引法 第百五十六条の五の五第一項 (Article 156-5-5, paragraph (1)), art-156-5-5/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-1 - art-156-5-10/par-2: 第四項 → 金融商品取引法 第百五十六条の五の五第四項 (Article 156-5-5, paragraph (4)), art-156-5-5/par-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-4 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-4 ## Cited by 4 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百五十六条の五の二第一項（資本金の額） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-2/par-1 - 金融商品取引法 第百五十六条の五の十一第一項（対象議決権に係る規定の準用） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-11/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-11/par-1 - 金融商品取引法 第百五十六条の二十二第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-22/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-22/par-1 - 金融商品取引法 第百九十四条の四第二項第十号（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-2/item-10 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-2/item-10 --- ## 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