# 金融商品取引法 / Financial Instruments and Exchange Act — 第百七十二条の四 (Article 172-4)

- 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: 第百七十二条の四 (Article 172-4)（虚偽記載のある有価証券報告書等を提出した発行者等に対する課徴金納付命令） — address `art-172-4`
- 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-172-4
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-172-4
- 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.

---

### 第百七十二条の四（虚偽記載のある有価証券報告書等を提出した発行者等に対する課徴金納付命令） — (Administrative Monetary Penalty Payment Order Issued to an Issuer That Submits an Annual Securities Report Containing a False Statement)
<sup>caption: Ministry of Justice translation with a slip corrected by this site — not the Ministry's text; the Ministry printed: "(Administrative Moentary Penalty Payment Order Issued to an Issuer That Submits an Annual Securities Report Containing a False Statement)" — https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb</sup>
<sup>art-172-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4 · https://japanlaw.org/l/323AC0000000025/art-172-4</sup>

  **第一項**  発行者が、重要な事項につき虚偽の記載があり、又は記載すべき重要な事項の記載が欠けている有価証券報告書等（第二十四条第一項若しくは第三項（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。）及び第二十四条第六項（第二十七条において準用する場合を含む。）の規定による有価証券報告書及びその添付書類又は第二十四条の二第一項（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七条第一項、第九条第一項若しくは第十条第一項の規定による訂正報告書をいう。以下この章において同じ。）を提出したときは、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、第一号に掲げる額（第二号に掲げる額が第一号に掲げる額を超えるときは、第二号に掲げる額）に相当する額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。ただし、発行者の事業年度が一年である場合以外の場合においては、当該額に当該事業年度の月数を十二で除して得た数を乗じて得た額に相当する額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。
  <sup>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</sup>
  If an issuer submits an annual securities report, etc. (meaning an annual securities report as prescribed in 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) and Article 24, paragraph (6) (including as applied mutatis mutandis pursuant to Article 27) and accompanying documents, or an amended report as prescribed in Article 7,paragraph (1), Article 9, paragraph (1), or Article 10, paragraph (1) as applied mutatis mutandis pursuant to Article 24-2, paragraph (1) (including as applied mutatis mutandis pursuant to Article 27); hereinafter the same applies in this Chapter) that contains a false statement about a material particular or that omits a statement as to a material particular that is required to be stated, the Prime Minister, in accordance with the proceedings 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 specified in item (i) (or, if the amount set forth in item (ii) exceeds the amount set forth in item (i), the amount set forth in item (ii)); provided, however, that if the issuer's business year is other than one year in length, the Prime Minister must order the issuer to pay an administrative monetary penalty to the national treasury in an amount that is equivalent to the amount arrived at when the number of months in its business year is divided by 12 and the quotient is multiplied by that amount:
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **一**  六百万円
    <sup>art-172-4/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-1</sup>
    six million yen; or
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **二**  イに掲げる額にロに掲げる数を乗じて得た額
    <sup>art-172-4/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-2</sup>
    the amount arrived at when the amount specified in (a) is multiplied by the number specified in (b):
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **イ**  当該発行者が発行する算定基準有価証券（株券、優先出資法に規定する優先出資証券その他これらに準ずるものとして政令で定める有価証券をいう。以下この号及び第百七十二条の十一第一項において同じ。）の内閣府令で定めるところにより算出される市場価額の総額（当該算定基準有価証券の市場価額がないとき又は当該発行者が算定基準有価証券を発行していないときは、これに相当するものとして政令で定めるところにより算出した額）
      <sup>art-172-4/par-1/item-2/sub-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-2/sub-1 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-2/sub-1</sup>
      the total market value of index securities for calculation (meaning share certificates, preferred equity investment certificates under the Act on Preferred Equity Investment, and other securities specified by Cabinet Order as being equivalent to them; hereinafter the same applies in this item and Article 172-11, paragraph (1)) issued by the issuer, as calculated pursuant to the provisions of Cabinet Office Order (if the index securities for calculation have no market value or if the issuer has not issued any index securities for calculation, the amount calculated pursuant to the provisions of Cabinet Order as being equivalent to this); and
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

      **ロ**  十万分の六
      <sup>art-172-4/par-1/item-2/sub-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-2/sub-2 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-2/sub-2</sup>
      six hundred thousandths.
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第二項**  発行者が、重要な事項につき虚偽の記載があり、又は記載すべき重要な事項の記載が欠けている半期・臨時報告書等（第二十四条の五第一項（同条第三項において準用する場合を含む。）若しくは第四項（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。）の規定による半期報告書若しくは臨時報告書又は第二十四条の五第五項（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七条第一項、第九条第一項若しくは第十条第一項の規定による訂正報告書をいう。以下この章において同じ。）を提出したときは、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、前項第一号に掲げる額（同項第二号に掲げる額が同項第一号に掲げる額を超えるときは、同項第二号に掲げる額）の二分の一に相当する額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。この場合においては、同項ただし書の規定を準用する。
  <sup>art-172-4/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-2 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-2</sup>
  If an issuer submits a semiannual securities or extraordinary report, etc. (meaning a semiannual securities report or extraordinary report under Article 24-5, paragraph (1) (including as applied mutatis mutandis pursuant to paragraph (3) of that Article) or paragraph (4) of that Article (these provisions including as applied mutatis mutandis pursuant to Article 27), or an amended report under Article 7, paragraph (1), Article 9, paragraph (1), or Article 10, paragraph (1) as applied mutatis mutandis pursuant to Article 24-5, paragraph (5) (including as applied mutatis mutandis pursuant to Article 27); hereinafter the same applies in this Chapter) which contains a false statement about a material particular or omits a statement as to a material particular that is required to be stated, 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 set forth in item (i) of the preceding paragraph (or, if the amount set forth in item (ii) of that paragraph exceeds the amount set forth in item (i) of that paragraph, the amount set forth in item (ii) of that paragraph). In such a case, the proviso to that paragraph applies mutatis mutandis.
  <sup>machine translation, not official</sup>

  **第三項**  前項の規定は、第二十四条の五第四項（第二十七条において準用する場合を含む。）の規定による臨時報告書のうち投資者の投資判断に重要な影響を及ぼすものとして内閣府令で定める事項を記載すべきものを提出しない発行者がある場合について準用する。
  <sup>art-172-4/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-3 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-3</sup>
  The provisions of the preceding paragraph apply mutatis mutandis if an issuer fails to submit an extraordinary report under Article 24-5, paragraph (4) (including as applied mutatis mutandis pursuant to Article 27) stating the particulars specified by Cabinet Office Order as having a material influence on investors' investment decisions.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第四項**  第一項ただし書（第二項後段（前項において準用する場合を含む。）において準用する場合を含む。）の月数は、暦に従つて計算し、一月に満たない端数を生じたときは、これを一月とする。
  <sup>art-172-4/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-4 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-4</sup>
  The number of months referred to in the proviso to paragraph (1) (including as applied mutatis mutandis pursuant to the second sentence of paragraph (2) (including as applied mutatis mutandis pursuant to the preceding paragraph)) is calculated in accordance with the calendar, and if a period of less than one month is subject to calculation, it is counted as one month.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

---

## Cites
- art-172-4/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-172-4/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-172-4/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-172-4/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-172-4/par-1: 第二十四条第六項 → 金融商品取引法 第二十四条第六項 (Article 24, paragraph (6)), art-24/par-6 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24/par-6 · https://japanlaw.org/l/323AC0000000025/art-24/par-6
- art-172-4/par-1: 第二十四条の二第一項 → 金融商品取引法 第二十四条の二第一項 (Article 24-2, paragraph (1)), art-24-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-24-2/par-1
- art-172-4/par-1: 第七条第一項 → 金融商品取引法 第七条第一項 (Article 7, paragraph (1)), art-7/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-7/par-1
- art-172-4/par-1: 第九条第一項 → 金融商品取引法 第九条第一項 (Article 9, paragraph (1)), art-9/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-9/par-1 · https://japanlaw.org/l/323AC0000000025/art-9/par-1
- art-172-4/par-1: 第十条第一項 → 金融商品取引法 第十条第一項 (Article 10, paragraph (1)), art-10/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-10/par-1
- art-172-4/par-1: 第一号 → 金融商品取引法 第百七十二条の四第一項第一号 (Article 172-4, paragraph (1), item (i)), art-172-4/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-1
- art-172-4/par-1: 第二号 → 金融商品取引法 第百七十二条の四第一項第二号 (Article 172-4, paragraph (1), item (ii)), art-172-4/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-2
- art-172-4/par-1/item-2/sub-1: この号 → 金融商品取引法 第百七十二条の四第一項第二号 (Article 172-4, paragraph (1), item (ii)), art-172-4/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-2
- art-172-4/par-1/item-2/sub-1: 第百七十二条の十一第一項 → 金融商品取引法 第百七十二条の十一第一項 (Article 172-11, paragraph (1)), art-172-11/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-11/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-11/par-1
- art-172-4/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-172-4/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-172-4/par-2: 第四項 → 金融商品取引法 第二十四条の五第四項 (Article 24-5, paragraph (4)), art-24-5/par-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-5/par-4 · https://japanlaw.org/l/323AC0000000025/art-24-5/par-4
- art-172-4/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
- art-172-4/par-2: 第二十四条の五第五項 → 金融商品取引法 第二十四条の五第五項 (Article 24-5, paragraph (5)), art-24-5/par-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-5/par-5 · https://japanlaw.org/l/323AC0000000025/art-24-5/par-5
- art-172-4/par-2: 第七条第一項 → 金融商品取引法 第七条第一項 (Article 7, paragraph (1)), art-7/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-7/par-1
- art-172-4/par-2: 第九条第一項 → 金融商品取引法 第九条第一項 (Article 9, paragraph (1)), art-9/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-9/par-1 · https://japanlaw.org/l/323AC0000000025/art-9/par-1
- art-172-4/par-2: 第十条第一項 → 金融商品取引法 第十条第一項 (Article 10, paragraph (1)), art-10/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-10/par-1
- art-172-4/par-2: 前項第一号 → 金融商品取引法 第百七十二条の四第一項第一号 (Article 172-4, paragraph (1), item (i)), art-172-4/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-1
- art-172-4/par-2: 同項第二号 → 金融商品取引法 第百七十二条の四第一項第二号 (Article 172-4, paragraph (1), item (ii)), art-172-4/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-2
- art-172-4/par-2: 同項 → 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-172-4/par-3: 前項 → 金融商品取引法 第百七十二条の四第二項 (Article 172-4, paragraph (2)), art-172-4/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-2 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-2
- art-172-4/par-3: 第二十四条の五第四項 → 金融商品取引法 第二十四条の五第四項 (Article 24-5, paragraph (4)), art-24-5/par-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-5/par-4 · https://japanlaw.org/l/323AC0000000025/art-24-5/par-4
- art-172-4/par-3: 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-172-4/par-4: 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-172-4/par-4: 第二項 → 金融商品取引法 第百七十二条の四第二項 (Article 172-4, paragraph (2)), art-172-4/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-2 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-2
- art-172-4/par-4: 前項 → 金融商品取引法 第百七十二条の四第三項 (Article 172-4, paragraph (3)), art-172-4/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-3 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-3

## Cited by

25 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 第百七十二条の四第一項（虚偽記載のある有価証券報告書等を提出した発行者等に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1
- 金融商品取引法 第百七十二条の四第一項第二号イ（虚偽記載のある有価証券報告書等を提出した発行者等に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-1/item-2/sub-1 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-1/item-2/sub-1
- 金融商品取引法 第百七十二条の四第二項（虚偽記載のある有価証券報告書等を提出した発行者等に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-2 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-2
- 金融商品取引法 第百七十二条の四第三項（虚偽記載のある有価証券報告書等を提出した発行者等に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-3 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-3
- 金融商品取引法 第百七十二条の四第四項（虚偽記載のある有価証券報告書等を提出した発行者等に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-4/par-4 · https://japanlaw.org/l/323AC0000000025/art-172-4/par-4
- 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四号（審判手続開始の決定） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-178/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-4
- 金融商品取引法 第百七十八条第十二項（審判手続開始の決定） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-178/par-12 · https://japanlaw.org/l/323AC0000000025/art-178/par-12
- 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六項（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-6 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-6
- 金融商品取引法 第百八十五条の七第六項第一号（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-6/item-1 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-6/item-1
- 金融商品取引法 第百八十五条の七第六項第二号（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-6/item-2 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-6/item-2
- 金融商品取引法 第百八十五条の七第七項（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-7 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-7
- 金融商品取引法 第百八十五条の七第七項第一号イ（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-7/item-1/sub-1 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-7/item-1/sub-1
- 金融商品取引法 第百八十五条の七第七項第一号ロ（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-7/item-1/sub-2 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-7/item-1/sub-2
- 金融商品取引法 第百八十五条の七第七項第二号（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-7/item-2 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-7/item-2
- 金融商品取引法 第百八十五条の七第十四項（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-14 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-14
- 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 第百八十五条の七第十六項（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-16 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-16
- 金融商品取引法 第百八十五条の七第十六項第一号（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-16/item-1 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-16/item-1
- 金融商品取引法 附則第八条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4201-65/art-8/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-8/par-1

---

## Sources

- claude-opus-5-5 — Corrections to the Ministry of Justice's English of paragraphs, written 2026-10-23
- 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 (金融商品取引法), Article 172-4 — the Ministry of Justice's English as printed (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), 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
