# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十六条の五の五 (Article 156-5-5) - 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五 (Article 156-5-5)（主要株主に係る認可等） — address `art-156-5-5` - 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-156-5-5 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-156-5-5 - 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五（主要株主に係る認可等） — (Authorization as a Major Shareholder) caption: Ministry of Justice translation — Japanese Law Translation Database System art-156-5-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5 · https://japanlaw.org/l/323AC0000000025/art-156-5-5 **第一項** 金融商品取引清算機関の総株主の議決権の百分の二十（その財務及び営業の方針の決定に対して重要な影響を与えることが推測される事実として内閣府令で定める事実がある場合には、百分の十五。以下この節において「保有基準割合」という。）以上の数の対象議決権を取得し、若しくは保有しようとする者又は金融商品取引清算機関の総株主の議決権の保有基準割合以上の数の対象議決権を取得し、若しくは保有しようとする会社その他の法人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。 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 A person seeking to acquire or hold a number of subject voting rights that constitutes 20 percent or more (or 15 percent or more, if a fact has occurred that is specified by Cabinet Office Order as a thing that is presumed to have a material influence on decisions about financial and operational policies; hereinafter referred to as the "threshold holding ratio" in this Section) of all shareholders' voting rights in a financial instruments clearing organization or a person seeking to incorporate as a company or other corporation with the intention to acquire or hold a number of subject voting rights that is equal to or greater than the threshold holding ratio of all shareholders' voting rights in a financial instruments clearing organization, must obtain the authorization of the Prime Minister before doing so. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定は、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、金融商品取引清算機関の総株主の議決権の保有基準割合以上の数の対象議決権を取得し、又は保有することとなるときには、適用しない。 art-156-5-5/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-2 If the number of subject voting rights that the person holds does not increase or in any other case specified by Cabinet Office Order, the provisions of the preceding paragraph do not apply to a person that is to acquire or hold a number of subject voting rights in a financial instruments clearing organization which is equal to or greater than the threshold holding ratio of all shareholders' voting rights. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 前項の場合において、金融商品取引清算機関の総株主の議決権の保有基準割合以上の数の対象議決権を取得し、又は保有することとなつた者（以下この条において「特定保有者」という。）は、特定保有者になつた旨その他内閣府令で定める事項を、遅滞なく、内閣総理大臣に届け出なければならない。 art-156-5-5/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-3 In the case referred to in the preceding paragraph, the person that has come to acquire or hold a number of subject voting rights in a financial instruments clearing organization which is equal to or greater than the threshold holding ratio of all shareholders' voting rights (hereinafter referred to as a "specified holder" in this Article) must notify the Prime Minister without delay that it has become a specified holder and of any other matters specified by Cabinet Office Order. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 第二項の場合において、特定保有者は、特定保有者となつた日から三月以内に、金融商品取引清算機関の保有基準割合未満の数の対象議決権の保有者となるために必要な措置をとらなければならない。ただし、内閣総理大臣の認可を受けた場合は、この限りでない。 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 In the case referred to in paragraph (2), a specified holder must take the necessary measures to become the holder of a number of subject voting rights in a financial instruments clearing organization which is less than the threshold holding ratio within three months from the day on which the person becomes a specified holder; provided, however, that this does not apply if the specified holder obtains the authorization of the Prime Minister. Ministry of Justice translation — Japanese Law Translation Database System **第五項** 特定保有者は、前項本文の規定により金融商品取引清算機関の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、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-156-5-5/par-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-5 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-5 When a specified holder becomes the holder of a number of subject voting rights in a financial instruments clearing organization which is less than the threshold holding ratio, the holder must notify the Prime Minister of this without delay. Ministry of Justice translation — Japanese Law Translation Database System **第六項** 第三十条の二の規定は、第一項及び第四項ただし書の認可について準用する。 art-156-5-5/par-6 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-6 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-6 The provisions of Article 30-2 apply mutatis mutandis to the authorization referred to in paragraph (1) and in the proviso to paragraph (4). Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-156-5-5/par-2: 前項 → 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-156-5-5/par-3: 前項 → 金融商品取引法 第百五十六条の五の五第二項 (Article 156-5-5, paragraph (2)), art-156-5-5/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-2 - art-156-5-5/par-3: この条 → 金融商品取引法 第百五十六条の五の五 (Article 156-5-5), art-156-5-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5 · https://japanlaw.org/l/323AC0000000025/art-156-5-5 - art-156-5-5/par-4: 第二項 → 金融商品取引法 第百五十六条の五の五第二項 (Article 156-5-5, paragraph (2)), art-156-5-5/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-2 - art-156-5-5/par-5: 前項 → 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 - art-156-5-5/par-6: 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-156-5-5/par-6: 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-156-5-5/par-6: 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 25 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五第二項（主要株主に係る認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-2 - 金融商品取引法 第百五十六条の五の五第三項（主要株主に係る認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-3 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-3 - 金融商品取引法 第百五十六条の五の五第四項（主要株主に係る認可等） — 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 - 金融商品取引法 第百五十六条の五の五第五項（主要株主に係る認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-5 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-5 - 金融商品取引法 第百五十六条の五の五第六項（主要株主に係る認可等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-5/par-6 · https://japanlaw.org/l/323AC0000000025/art-156-5-5/par-6 - 金融商品取引法 第百五十六条の五の六第一項（主要株主に係る認可基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-6/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-6/par-1 - 金融商品取引法 第百五十六条の五の六第二項（主要株主に係る認可基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-6/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-5-6/par-2 - 金融商品取引法 第百五十六条の五の七第一項（認可を与えない場合の審問） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-7/par-1 - 金融商品取引法 第百五十六条の五の七第二項（認可を与えない場合の審問） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-7/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-5-7/par-2 - 金融商品取引法 第百五十六条の五の八第一項（主要株主に対する報告の徴取及び検査） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-8/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-8/par-1 - 金融商品取引法 第百五十六条の五の九第一項（主要株主に対する監督上の処分） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-9/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5-9/par-1 - 金融商品取引法 第百五十六条の五の九第二項（主要株主に対する監督上の処分） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5-9/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-5-9/par-2 - 金融商品取引法 第百五十六条の五の十第一項（主要株主に係る認可の失効） — 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 - 金融商品取引法 第百五十六条の五の十第二項（主要株主に係る認可の失効） — 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 - 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一項第三十五号の二（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-35-2 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-35-2 - 金融商品取引法 第百九十四条の四第一項第三十五号の四（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-35-4 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-35-4 - 金融商品取引法 第二百条第一項第十七号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-200/par-1/item-17 · https://japanlaw.org/l/323AC0000000025/art-200/par-1/item-17 - 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 附則第四条第二項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4221-32/art-4/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4221-32/art-4/par-2 --- ## 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