# 金融商品取引法 / Financial Instruments and Exchange Act — 第百七十二条の三 (Article 172-3) - 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: 第百七十二条の三 (Article 172-3)（有価証券報告書等を提出しない発行者に対する課徴金納付命令） — address `art-172-3` - 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-172-3 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-172-3 - 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. --- ### 第百七十二条の三（有価証券報告書等を提出しない発行者に対する課徴金納付命令） — (Administrative Monetary Penalty Payment Order Issued to an Issuer That Fails to Submit an Annual Securities Report) caption: Ministry of Justice translation — Japanese Law Translation Database System art-172-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-3 · https://japanlaw.org/l/323AC0000000025/art-172-3 **第一項** 第二十四条第一項又は第三項（これらの規定を同条第五項において準用し、及びこれらの規定を第二十七条において準用する場合を含む。）の規定に違反して、有価証券報告書を提出しない発行者があるときは、内閣総理大臣は、次節に定める手続に従い、当該発行者に対し、これらの規定により提出すべきであつた有価証券報告書に係る事業年度（当該発行者が第五条第一項（第二十七条において準用する場合を含む。）に規定する特定有価証券の発行者である場合には、当該特定有価証券に係る第二十四条第五項（第二十七条において準用する場合を含む。）において準用する第二十四条第一項に規定する特定期間。以下この条、次条第一項及び第百八十五条の七第三十一項（第四号を除く。）において同じ。）の直前事業年度における監査報酬額（第百九十三条の二第一項に規定する監査証明の対価として支払われ、又は支払われるべき金銭その他の財産の価額として内閣府令で定める額をいう。次項において同じ。）に相当する額（監査証明を受けるべき直前事業年度がない場合又はこれに準ずるものとして内閣府令で定める場合には、四百万円）の課徴金を国庫に納付することを命じなければならない。 art-172-3/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-3/par-1 If an issuer violates the provisions of Article 24, paragraph (1) or (3) (including as applied mutatis mutandis pursuant to Article 24, paragraph (5), and also including as applied mutatis mutandis pursuant to Article 27) in failing to submit an annual securities report, the Prime Minister, in accordance with the procedures prescribed in the following Section, must order the issuer to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount of the audit certification fee (meaning the amount of money or value of other assets as specified by Cabinet Office Order which has been paid or is payable as consideration for the audit certification set forth in Article 193-2, paragraph (1); the same applies in the following paragraph) for the business year immediately preceding the business year for which the annual securities report was required to be submitted pursuant to these provisions (if the issuer falls under an issuer of regulated securities set forth in Article 5, paragraph (1) (including as applied mutatis mutandis pursuant to Article 27), the business year immediately preceding the specified period set forth in Article 24, paragraph (1) as applied mutatis mutandis pursuant to Article 24, paragraph (5) (including as applied mutatis mutandis pursuant to Article 27) in relation to those regulated securities; hereinafter the same applies in this Article, Article 172-4, paragraph (1), and Article 185-7, paragraph (31) (excluding item (iv))) (or, if there is no such immediately preceding business year for which an audit certification is required or in other cases specified by Cabinet Office Order as being equivalent to this, four million yen). machine translation, not official **第二項** 第二十四条の五第一項（同条第三項において準用し、及びこれらの規定を第二十七条において準用する場合を含む。）の規定に違反して、半期報告書を提出しない発行者があるときは、内閣総理大臣は、次節に定める手続に従い、当該発行者に対し、これらの規定により提出すべきであつた半期報告書に係る期間の属する事業年度の直前事業年度における監査報酬額の二分の一に相当する額（監査証明を受けるべき直前事業年度がない場合又はこれに準ずるものとして内閣府令で定める場合には、二百万円）の課徴金を国庫に納付することを命じなければならない。 art-172-3/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-3/par-2 · https://japanlaw.org/l/323AC0000000025/art-172-3/par-2 If an issuer violates the provisions of Article 24-5, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article, and also including as applied mutatis mutandis pursuant to Article 27) in failing to submit a semiannual securities report, the Prime Minister, in accordance with the procedures prescribed in the following Section, must order the issuer to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to half of the amount of the audit certification fee for the business year immediately preceding the business year that includes the period for which the semiannual securities report was required to be submitted pursuant to these provisions (or, if there is no such immediately preceding business year for which an audit certification is required or in other cases specified by Cabinet Office Order as being equivalent to this, two million yen). machine translation, not official --- ## Cites - art-172-3/par-1: 第二十四条第一項 → 金融商品取引法 第二十四条第一項 (Article 24, paragraph (1)), art-24/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-24/par-1 - art-172-3/par-1: 第三項 → 金融商品取引法 第二十四条第三項 (Article 24, paragraph (3)), art-24/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24/par-3 · https://japanlaw.org/l/323AC0000000025/art-24/par-3 - art-172-3/par-1: 同条第五項 → 金融商品取引法 第二十四条第五項 (Article 24, paragraph (5)), art-24/par-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24/par-5 · https://japanlaw.org/l/323AC0000000025/art-24/par-5 - art-172-3/par-1: 第二十七条 → 金融商品取引法 第二十七条 (Article 27), art-27 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27 · https://japanlaw.org/l/323AC0000000025/art-27 - art-172-3/par-1: 第五条第一項 → 金融商品取引法 第五条第一項 (Article 5, paragraph (1)), art-5/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-5/par-1 - art-172-3/par-1: この条 → 金融商品取引法 第百七十二条の三 (Article 172-3), art-172-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-3 · https://japanlaw.org/l/323AC0000000025/art-172-3 - art-172-3/par-1: 次条第一項 → 金融商品取引法 第百七十二条の四第一項 (Article 172-4, paragraph (1)), art-172-4/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1 - art-172-3/par-1: 第百八十五条の七第三十一項 → 金融商品取引法 第百八十五条の七第三十一項 (Article 185-7, paragraph (31)), art-185-7/par-31 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-185-7/par-31 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-31 - art-172-3/par-1: 第四号 → 金融商品取引法 第百八十五条の七第三十一項第四号 (Article 185-7, paragraph (31), item (iv)), art-185-7/par-31/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-185-7/par-31/item-4 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-31/item-4 - art-172-3/par-1: 第百九十三条の二第一項 → 金融商品取引法 第百九十三条の二第一項 (Article 193-2, paragraph (1)), art-193-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-193-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-193-2/par-1 - art-172-3/par-1: 次項 → 金融商品取引法 第百七十二条の三第二項 (Article 172-3, paragraph (2)), art-172-3/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-3/par-2 · https://japanlaw.org/l/323AC0000000025/art-172-3/par-2 - art-172-3/par-2: 第二十四条の五第一項 → 金融商品取引法 第二十四条の五第一項 (Article 24-5, paragraph (1)), art-24-5/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-24-5/par-1 - art-172-3/par-2: 同条第三項 → 金融商品取引法 第二十四条の五第三項 (Article 24-5, paragraph (3)), art-24-5/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-5/par-3 · https://japanlaw.org/l/323AC0000000025/art-24-5/par-3 - art-172-3/par-2: 第二十七条 → 金融商品取引法 第二十七条 (Article 27), art-27 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27 · https://japanlaw.org/l/323AC0000000025/art-27 ## Cited by 13 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百七十二条の三第一項（有価証券報告書等を提出しない発行者に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-3/par-1 - 金融商品取引法 第百七十六条第一項（課徴金の額の端数計算等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-176/par-1 · https://japanlaw.org/l/323AC0000000025/art-176/par-1 - 金融商品取引法 第百七十六条第二項（課徴金の額の端数計算等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-176/par-2 · https://japanlaw.org/l/323AC0000000025/art-176/par-2 - 金融商品取引法 第百七十六条第三項（課徴金の額の端数計算等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-176/par-3 · https://japanlaw.org/l/323AC0000000025/art-176/par-3 - 金融商品取引法 第百七十六条第四項（課徴金の額の端数計算等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-176/par-4 · https://japanlaw.org/l/323AC0000000025/art-176/par-4 - 金融商品取引法 第百七十八条第一項第三号（審判手続開始の決定） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-178/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-3 - 金融商品取引法 第百八十五条の七第一項（課徴金の納付命令の決定等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-185-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-1 - 金融商品取引法 第百八十五条の七第四項（課徴金の納付命令の決定等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-185-7/par-4 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-4 - 金融商品取引法 第百八十五条の七第五項（課徴金の納付命令の決定等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-185-7/par-5 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-5 - 金融商品取引法 第百八十五条の七第五項第一号（課徴金の納付命令の決定等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-185-7/par-5/item-1 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-5/item-1 - 金融商品取引法 第百八十五条の七第五項第二号（課徴金の納付命令の決定等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-185-7/par-5/item-2 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-5/item-2 - 金融商品取引法 第百八十五条の七第十五項（課徴金の納付命令の決定等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-185-7/par-15 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-15 - 金融商品取引法 附則第七条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4201-65/art-7/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-7/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 - claude-sonnet-5-5 — Machine translation, batch financial-instruments-and-exchange-act-20261023T035921-013, translated 2026-10-23 - This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22