# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十二条 (Article 22)

- 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: 第二十二条 (Article 22)（虚偽記載等のある届出書の提出会社の役員等の賠償責任） — address `art-22`
- 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-22
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-22
- 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.

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### 第二十二条（虚偽記載等のある届出書の提出会社の役員等の賠償責任） — (Compensatory Liability of the Officers of a Company Submitting a Statement That Contains a False Statement)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-22 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-22 · https://japanlaw.org/l/323AC0000000025/art-22</sup>

**第一項**  有価証券届出書のうちに重要な事項について虚偽の記載があり、又は記載すべき重要な事項若しくは誤解を生じさせないために必要な重要な事実の記載が欠けているときは、第二十一条第一項第一号及び第三号に掲げる者は、当該記載が虚偽であり、又は欠けていることを知らないで、当該有価証券届出書の届出者が発行者である有価証券を募集若しくは売出しによらないで取得した者又は処分した者に対し、記載が虚偽であり、又は欠けていることにより生じた損害を賠償する責めに任ずる。
<sup>art-22/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-22/par-1 · https://japanlaw.org/l/323AC0000000025/art-22/par-1</sup>
If a securities registration statement contains a false statement regarding a material particular, omits a statement of a material particular that is required to be stated, or lacks a statement of material fact that is necessary to prevent it from being misleading, persons set forth in Article 21, paragraph (1), items (i) and (iii) are liable to compensate a person that, without knowing that the statement is false or has been omitted, acquires or disposes of securities issued by the person submitting the securities registration statement other than through a public offering or secondary distribution, for damage arising from the statement being false or having been omitted.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  第二十一条第二項第一号及び第二号の規定は、前項に規定する賠償の責めに任ずべき者について準用する。
<sup>art-22/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-22/par-2 · https://japanlaw.org/l/323AC0000000025/art-22/par-2</sup>
The provisions of Article 21, paragraph (2), items (i) and (ii) apply mutatis mutandis to a person that would be liable for the compensation set forth in the preceding paragraph.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-22/par-1: 第二十一条第一項第一号 → 金融商品取引法 第二十一条第一項第一号 (Article 21, paragraph (1), item (i)), art-21/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-21/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-21/par-1/item-1
- art-22/par-1: 第三号 → 金融商品取引法 第二十一条第一項第三号 (Article 21, paragraph (1), item (iii)), art-21/par-1/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-21/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-21/par-1/item-3
- art-22/par-2: 第二十一条第二項第一号 → 金融商品取引法 第二十一条第二項第一号 (Article 21, paragraph (2), item (i)), art-21/par-2/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-21/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-21/par-2/item-1
- art-22/par-2: 第二号 → 金融商品取引法 第二十一条第二項第二号 (Article 21, paragraph (2), item (ii)), art-21/par-2/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-21/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-21/par-2/item-2
- art-22/par-2: 前項 → 金融商品取引法 第二十二条第一項 (Article 22, paragraph (1)), art-22/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-22/par-1 · https://japanlaw.org/l/323AC0000000025/art-22/par-1

## Cited by

10 provisions cite this one. No official source publishes this direction.

- 金融商品取引法 第二十二条第二項（虚偽記載等のある届出書の提出会社の役員等の賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-22/par-2 · https://japanlaw.org/l/323AC0000000025/art-22/par-2
- 金融商品取引法 第二十三条の二第一項（参照方式による場合の適用規定の読替え） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-2/par-1
- 金融商品取引法 第二十三条の十二第五項（発行登録書等に関する準用規定等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-12/par-5 · https://japanlaw.org/l/323AC0000000025/art-23-12/par-5
- 金融商品取引法 第二十四条の四第一項（虚偽記載のある有価証券報告書の提出会社の役員等の賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-24-4/par-1
- 金融商品取引法 第二十四条の四の六第一項（賠償責任に関する規定の準用） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-4-6/par-1 · https://japanlaw.org/l/323AC0000000025/art-24-4-6/par-1
- 金融商品取引法 第二十四条の五第五項（半期報告書及び臨時報告書の提出） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-5/par-5 · https://japanlaw.org/l/323AC0000000025/art-24-5/par-5
- 金融商品取引法 第二十四条の六第二項（自己株券買付状況報告書の提出） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-24-6/par-2 · https://japanlaw.org/l/323AC0000000025/art-24-6/par-2
- 金融商品取引法 第二十七条第一項（会社以外の発行者に関する準用規定） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27/par-1 · https://japanlaw.org/l/323AC0000000025/art-27/par-1
- 金融商品取引法 第二十七条の三十四第一項（虚偽の特定情報に係る賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-34/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-34/par-1
- 金融商品取引法 附則第二条第一項（金融商品取引法の一部改正に伴う経過措置） — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4261-44/art-2/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4261-44/art-2/par-1

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## 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
