# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十七条の二 (Article 27-2)

- 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: 第二十七条の二 (Article 27-2)（発行者以外の者による株券等の公開買付け） — address `art-27-2`
- 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-27-2
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-27-2
- 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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### 第二十七条の二（発行者以外の者による株券等の公開買付け） — (Tender Offers for Share Certificates by Persons Other Than the Issuer)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-27-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2 · https://japanlaw.org/l/323AC0000000025/art-27-2</sup>

  **第一項**  その株券、新株予約権付社債券その他の有価証券で政令で定めるもの（以下この章及び第二十七条の三十の十一（第五項を除く。）において「株券等」という。）について有価証券報告書を提出しなければならない発行者又は特定上場有価証券（流通状況がこれに準ずるものとして政令で定めるものを含み、株券等に限る。）の発行者の株券等につき、当該発行者以外の者が行う買付け等（株券等の買付けその他の有償の譲受けをいい、これに類するものとして政令で定めるものを含む。以下この節において同じ。）であつて次のいずれかに該当するものは、公開買付けによらなければならない。ただし、適用除外買付け等（新株予約権（会社法第二百七十七条の規定により割り当てられるものであつて、当該新株予約権が行使されることが確保されることにより公開買付けによらないで取得されても投資者の保護のため支障を生ずることがないと認められるものとして内閣府令で定めるものを除く。以下この項において同じ。）を有する者が当該新株予約権を行使することにより行う株券等の買付け等、株券等の買付け等を行う者がその者の特別関係者（第七項第一号に掲げる者のうち内閣府令で定めるものに限る。）から行う株券等の買付け等その他政令で定める株券等の買付け等をいう。）は、この限りでない。
  <sup>art-27-2/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1</sup>
  A purchase, etc. of share certificates, corporate bond certificates with share options, or other securities specified by Cabinet Order (hereinafter referred to as "share certificates, etc." in this Chapter and Article 27-30-11 (excluding paragraph (5))) (a purchase, etc. means a purchase or other acquisition for compensation of share certificates, etc., and includes acts specified by Cabinet Order as being similar to this; hereinafter the same applies in this Section) whose issuer is required to submit an annual securities report, or of the share certificates, etc. of an issuer of specified listed securities (including those specified by Cabinet Order as having equivalent distribution statuses to these, and limited to share certificates, etc.), which is conducted by a person other than the issuer and which falls under any of the following, must be conducted by means of a tender offer; provided, however, that this does not apply to a purchase, etc. excluded from application (meaning a purchase, etc. of share certificates, etc. that the holder of share options (excluding those allotted under the provisions of Article 277 of the Companies Act and specified by Cabinet Office Order as those which would not compromise the protection of investors even if acquired by means other than a tender offer by ensuring the exercise of that share option; hereinafter the same applies in this paragraph) effects by exercising those share options, a purchase, etc. of share certificates, etc. that the person effecting the purchase, etc. makes from its specially related party (limited to a person set forth in paragraph (7), item (i) and specified by Cabinet Office Order), or any other purchase, etc. of share certificates, etc. that is specified by Cabinet Order):
  <sup>machine translation, not official</sup>

    **一**  株券等の買付け等の後におけるその者の所有（これに準ずるものとして政令で定める場合を含む。以下この節において同じ。）に係る株券等の株券等所有割合（その者に特別関係者（第七項第一号に掲げる者については、内閣府令で定める者を除く。）がある場合にあつては、その株券等所有割合を加算したもの。以下この項において同じ。）が百分の三十を超えることとなる場合又は株券等の買付け等の前におけるその者の所有に係る株券等の株券等所有割合が既に百分の三十を超えている場合における当該株券等の買付け等（株券等の買付け等の前におけるその者の所有に係る株券等の株券等所有割合が既に百分の三十を超えている場合における株券等の買付け等のうち、買付け等を行う株券等の数又は買付け等の価格の総額が著しく少ない場合として政令で定める場合に該当し、かつ、当該株券等の買付け等の後におけるその者の所有に係る株券等の株券等所有割合が政令で定める割合以上とならないもの（次号に規定する特定市場外買付け等に該当しないものに限る。）を除く。）
    <sup>art-27-2/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-1</sup>
    a purchase, etc. of share certificates, etc. in a case where, after that purchase, etc., the ownership ratio of share certificates, etc., in terms of the share certificates, etc. that the relevant person holds (including cases specified by Cabinet Order as equivalent to them; hereinafter the same applies in this Section) (or, if the person has a specially related party (excluding, for a person set forth in paragraph (7), item (i), persons specified by Cabinet Office Order), the ownership ratio of share certificates, etc. with the ownership ratio of share certificates, etc. of the specially related parties added to that of the person; hereinafter the same applies in this paragraph), will exceed 30 percent, or in a case where, before the purchase, etc. of share certificates, etc., the ownership ratio of share certificates, etc. in terms of the share certificates, etc. that the relevant person holds already exceeds 30 percent (excluding a purchase, etc. of share certificates, etc. in a case where, before the purchase, etc. of share certificates, etc., the ownership ratio of share certificates, etc. in terms of the share certificates, etc. that the relevant person holds already exceeds 30 percent, that falls under a case specified by Cabinet Order as one in which the number of share certificates, etc. subject to the purchase, etc. or the total amount of the price for purchase, etc. is extremely small, and after which the ownership ratio of share certificates, etc. in terms of the share certificates, etc. that the person holds does not become the ratio specified by Cabinet Order or more (limited to one that does not fall under a specified off-market purchase, etc. prescribed in the following item));
    <sup>machine translation, not official</sup>

    **二**  特定市場外買付け等（取引所金融商品市場外における株券等の買付け等（取引所金融商品市場における有価証券の売買等に準ずるものとして政令で定める取引による株券等の買付け等及び著しく少数の者から買付け等を行うものとして政令で定める場合における株券等の買付け等を除く。）をいう。以下この号において同じ。）の後におけるその者の所有に係る株券等の株券等所有割合が百分の五を超えることとなる場合又は特定市場外買付け等の前におけるその者の所有に係る株券等の株券等所有割合が既に百分の五を超えている場合であつて、当該特定市場外買付け等の後におけるその者の所有に係る株券等の株券等所有割合が百分の三十以下となるときにおける当該特定市場外買付け等
    <sup>art-27-2/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-2</sup>
    a specified off-market purchase, etc. (meaning a purchase, etc. of share certificates, etc. made outside a financial instruments exchange market (excluding a purchase, etc. of share certificates, etc. conducted through a transaction specified by Cabinet Order as being equivalent to the purchase and sale, etc. of securities on a financial instruments exchange market and excluding a purchase, etc. of share certificates, etc. that is specified by Cabinet Order as a purchase, etc. made from an extremely small number of persons); hereinafter the same applies in this item), in a case where, after that specified off-market purchase, etc., the ownership ratio of share certificates, etc., in terms of the share certificates, etc. that the relevant person holds, will exceed five percent, or in a case where, before the specified off-market purchase, etc., the ownership ratio of share certificates, etc., in terms of the share certificates, etc. that the relevant person holds, already exceeds five percent, and where, after that specified off-market purchase, etc., the ownership ratio of share certificates, etc., in terms of the share certificates, etc. that the relevant person holds, is 30 percent or less;
    <sup>machine translation, not official</sup>

    **三**  その他前二号に掲げる株券等の買付け等に準ずるものとして政令で定める株券等の買付け等
    <sup>art-27-2/par-1/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-3</sup>
    any other purchase, etc. of share certificates, etc. specified by Cabinet Order as being equivalent to a purchase, etc. of share certificates, etc. set forth in the preceding two items.
    <sup>machine translation, not official</sup>

  **第二項**  前項本文に規定する公開買付けによる株券等の買付け等は、政令で定める期間の範囲内で買付け等の期間を定めて、行わなければならない。
  <sup>art-27-2/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-2</sup>
  A purchase, etc. of share certificates, etc. through a tender offer provided for in the main clause of the preceding paragraph, must be made by setting a period that is within the scope of the period specified by Cabinet Order.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第三項**  第一項本文に規定する公開買付けによる株券等の買付け等を行う場合には、買付け等の価格（買付け以外の場合にあつては、買付けの価格に準ずるものとして政令で定めるものとする。以下この節において同じ。）については、政令で定めるところにより、均一の条件によらなければならない。
  <sup>art-27-2/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-3</sup>
  If a purchase, etc. of share certificates, etc. is made through a tender offer provided for in the main clause of paragraph (1), the price for purchase, etc. (for cases other than a purchase, etc., what is specified by Cabinet Order as being equivalent to the price for purchase, etc.; hereinafter the same applies in this Section) must be based on a single set of conditions, pursuant to the provisions of Cabinet Order.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第四項**  第一項本文に規定する公開買付けによる株券等の買付け等を行う場合には、株券等の管理、買付け等の代金の支払その他の政令で定める事務については、金融商品取引業者（第二十八条第一項に規定する第一種金融商品取引業を行う者に限る。第二十七条の十二第三項において同じ。）又は銀行等（銀行、協同組織金融機関その他政令で定める金融機関をいう。第二十七条の十二第三項において同じ。）に行わせなければならない。
  <sup>art-27-2/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-4</sup>
  If a purchase, etc. of share certificates, etc. is conducted through a tender offer, as provided in the main clause of paragraph (1), a financial instruments business operator (limited to one engaged in type-I financial instruments business as defined in Article 28, paragraph (1); the same applies in Article 27-12, paragraph (3)) or a bank, etc. (meaning a bank, cooperative financial institution, or other financial institution specified by Cabinet Order; the same applies in Article 27-12, paragraph (3)) must be made to manage the share certificates, etc., effect payment for the purchase, etc., and conduct other affairs specified by Cabinet Order.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第五項**  第一項本文に規定する公開買付けによる株券等の買付け等を行う場合には、前三項の規定その他この節に定めるところによるほか、政令で定める条件及び方法によらなければならない。
  <sup>art-27-2/par-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-5 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-5</sup>
  If a purchase, etc. of share certificates, etc. is made through a tender offer provided for in the main clause of paragraph (1), it must be in accordance with the conditions and methods specified by Cabinet Order, in addition to those prescribed in the preceding three paragraphs and other provisions of this Section.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第六項**  この条において「公開買付け」とは、不特定かつ多数の者に対し、公告により株券等の買付け等の申込み又は売付け等（売付けその他の有償の譲渡をいう。以下この章において同じ。）の申込みの勧誘を行い、取引所金融商品市場外で株券等の買付け等を行うことをいう。
  <sup>art-27-2/par-6 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-6 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-6</sup>
  The term "tender offer" as used in this Article means solicitation of offers for purchase, etc. or offers for sale, etc. of share certificates, etc. to and from many and unspecified persons through a public notice (meaning a sale or other transfer for value; hereinafter the same applies in this Chapter), and making the purchase, etc. of share certificates, etc. outside of a financial instruments exchange market.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第七項**  第一項の「特別関係者」とは、次に掲げる者をいう。
  <sup>art-27-2/par-7 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-7 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-7</sup>
  The term "specially related party" as used in paragraph (1) means any of the following persons:
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **一**  株券等の買付け等を行う者と、株式の所有関係その他の政令で定める特別の関係にある者
    <sup>art-27-2/par-7/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-7/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-7/item-1</sup>
    a person with a shareholding relationship or other special relationship specified by Cabinet Order to the person effecting the purchase, etc. of share certificates, etc.; and
    <sup>machine translation, not official</sup>

    **二**  株券等の買付け等を行う者との間で、共同して当該株券等を取得し、若しくは譲渡し、若しくは当該株券等の発行者の株主としての議決権その他の権利を行使すること又は当該株券等の買付け等の後に相互に当該株券等を譲渡し、若しくは譲り受けることを合意している者
    <sup>art-27-2/par-7/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-7/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-7/item-2</sup>
    a person with which a person effecting a purchase, etc. of share certificates, etc. has agreed to jointly acquire or transfer the share certificates, etc. or to jointly exercise voting rights or other rights as shareholders in the issuer of the share certificates, etc., or to transfer or acquire the share certificates, etc. to or from each other after the purchase, etc. of the share certificates, etc.
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第八項**  第一項の「株券等所有割合」とは、次に掲げる割合をいう。
  <sup>art-27-2/par-8 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-8 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-8</sup>
  The term "ownership ratio of share certificates, etc." as used in paragraph (1) means either of the following:
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **一**  株券等の買付け等を行う者にあつては、内閣府令で定めるところにより、その者の所有に係る当該株券等（その所有の態様その他の事情を勘案して内閣府令で定めるものを除く。以下この項において同じ。）に係る議決権の数（株券については内閣府令で定めるところにより計算した株式に係る議決権の数を、その他のものについては内閣府令で定める議決権の数をいう。以下この項において同じ。）の合計を、当該発行者の総議決権の数にその者及びその者の特別関係者の所有に係る当該発行者の発行する新株予約権付社債券その他の政令で定める有価証券に係る議決権の数を加算した数で除して得た割合
    <sup>art-27-2/par-8/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-8/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-8/item-1</sup>
    in terms of the person effecting a purchase, etc. of share certificates, etc., the ratio arrived at, pursuant to the provisions of Cabinet Office Order, when the total number of voting rights (meaning the number of voting rights represented by shares calculated pursuant to the provisions of Cabinet Office Order, for share certificates, or the number of voting rights specified by Cabinet Office Order, for securities other than share certificates; hereinafter the same applies in this paragraph) with respect to the share certificates, etc. that the person holds (excluding those that are specified by Cabinet Office Order in consideration of the manner in which they are held or other circumstances; hereinafter the same applies in this paragraph), are divided by the number arrived at when the total number of voting rights issued by the issuer is added to the number of voting rights with respect to corporate bond certificates with share options and other securities specified by Cabinet Order issued by the issuer and held by that person and specially related parties of that person; or
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **二**  前項の特別関係者（同項第二号に掲げる者で当該株券等の発行者の株券等の買付け等を行うものを除く。）にあつては、内閣府令で定めるところにより、その者の所有に係る当該株券等に係る議決権の数の合計を、当該発行者の総議決権の数にその者及び前号に掲げる株券等の買付け等を行う者の所有に係る当該発行者の発行する新株予約権付社債券その他の政令で定める有価証券に係る議決権の数を加算した数で除して得た割合
    <sup>art-27-2/par-8/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-8/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-8/item-2</sup>
    for specially related parties as defined in the preceding paragraph (excluding persons that fall under the category specified in item (ii) of the preceding paragraph and that purchase, etc. any share certificates, etc. issued by the issuer of the share certificates, etc.), the rate arrived at, pursuant to the provisions of Cabinet Office Order, when the number of voting rights with respect to the share certificates, etc. that the party holds, is divided by the number arrived at when the total of the number of voting rights issued by the issuer is added to the number of voting rights with respect to corporate bond certificates with share options and other securities specified by Cabinet Order issued by the issuer and held by that party and the person effecting a purchase, etc. of share certificates, etc. that is set forth in the preceding item.
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-27-2/par-1: 第二十七条の三十の十一 → 金融商品取引法 第二十七条の三十の十一 (Article 27-30-11), art-27-30-11 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-30-11 · https://japanlaw.org/l/323AC0000000025/art-27-30-11
- art-27-2/par-1: 第五項 → 金融商品取引法 第二十七条の三十の十一第五項 (Article 27-30-11, paragraph (5)), art-27-30-11/par-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-30-11/par-5 · https://japanlaw.org/l/323AC0000000025/art-27-30-11/par-5
- art-27-2/par-1: 会社法第二百七十七条 → 会社法 第二百七十七条 (Article 277), art-277 — https://japanlaw.org/en/companies-act/art-277 · https://japanlaw.org/l/417AC0000000086/art-277
- art-27-2/par-1: この項 → 金融商品取引法 第二十七条の二第一項 (Article 27-2, paragraph (1)), art-27-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1
- art-27-2/par-1: 第七項第一号 → 金融商品取引法 第二十七条の二第七項第一号 (Article 27-2, paragraph (7), item (i)), art-27-2/par-7/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-7/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-7/item-1
- art-27-2/par-1/item-1: 第七項第一号 → 金融商品取引法 第二十七条の二第七項第一号 (Article 27-2, paragraph (7), item (i)), art-27-2/par-7/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-7/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-7/item-1
- art-27-2/par-1/item-1: この項 → 金融商品取引法 第二十七条の二第一項 (Article 27-2, paragraph (1)), art-27-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1
- art-27-2/par-1/item-1: 次号 → 金融商品取引法 第二十七条の二第一項第二号 (Article 27-2, paragraph (1), item (ii)), art-27-2/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-2
- art-27-2/par-1/item-2: この号 → 金融商品取引法 第二十七条の二第一項第二号 (Article 27-2, paragraph (1), item (ii)), art-27-2/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-2
- art-27-2/par-1/item-3: 前二号 → 金融商品取引法 第二十七条の二第一項第一号 (Article 27-2, paragraph (1), item (i)), art-27-2/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-1
- art-27-2/par-1/item-3: 前二号 → 金融商品取引法 第二十七条の二第一項第二号 (Article 27-2, paragraph (1), item (ii)), art-27-2/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-2
- art-27-2/par-2: 前項 → 金融商品取引法 第二十七条の二第一項 (Article 27-2, paragraph (1)), art-27-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1
- art-27-2/par-3: 第一項 → 金融商品取引法 第二十七条の二第一項 (Article 27-2, paragraph (1)), art-27-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1
- art-27-2/par-4: 第一項 → 金融商品取引法 第二十七条の二第一項 (Article 27-2, paragraph (1)), art-27-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1
- art-27-2/par-4: 第二十八条第一項 → 金融商品取引法 第二十八条第一項 (Article 28, paragraph (1)), art-28/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-28/par-1 · https://japanlaw.org/l/323AC0000000025/art-28/par-1
- art-27-2/par-4: 第二十七条の十二第三項 → 金融商品取引法 第二十七条の十二第三項 (Article 27-12, paragraph (3)), art-27-12/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-12/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-12/par-3
- art-27-2/par-5: 第一項 → 金融商品取引法 第二十七条の二第一項 (Article 27-2, paragraph (1)), art-27-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1
- art-27-2/par-5: 前三項 → 金融商品取引法 第二十七条の二第二項 (Article 27-2, paragraph (2)), art-27-2/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-2
- art-27-2/par-5: 前三項 → 金融商品取引法 第二十七条の二第三項 (Article 27-2, paragraph (3)), art-27-2/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-3
- art-27-2/par-5: 前三項 → 金融商品取引法 第二十七条の二第四項 (Article 27-2, paragraph (4)), art-27-2/par-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-4
- art-27-2/par-6: この条 → 金融商品取引法 第二十七条の二 (Article 27-2), art-27-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2 · https://japanlaw.org/l/323AC0000000025/art-27-2
- art-27-2/par-7: 第一項 → 金融商品取引法 第二十七条の二第一項 (Article 27-2, paragraph (1)), art-27-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1
- art-27-2/par-8: 第一項 → 金融商品取引法 第二十七条の二第一項 (Article 27-2, paragraph (1)), art-27-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1
- art-27-2/par-8/item-1: この項 → 金融商品取引法 第二十七条の二第八項 (Article 27-2, paragraph (8)), art-27-2/par-8 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-8 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-8
- art-27-2/par-8/item-2: 前項 → 金融商品取引法 第二十七条の二第七項 (Article 27-2, paragraph (7)), art-27-2/par-7 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-7 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-7
- art-27-2/par-8/item-2: 同項第二号 → 金融商品取引法 第二十七条の二第七項第二号 (Article 27-2, paragraph (7), item (ii)), art-27-2/par-7/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-7/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-7/item-2
- art-27-2/par-8/item-2: 前号 → 金融商品取引法 第二十七条の二第八項第一号 (Article 27-2, paragraph (8), item (i)), art-27-2/par-8/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-8/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-8/item-1

## Cited by

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

- 会社法 第百六十五条第一項 — https://japanlaw.org/en/companies-act/art-165/par-1 · https://japanlaw.org/l/417AC0000000086/art-165/par-1
- 金融商品取引法 第二十七条の二第一項（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1
- 金融商品取引法 第二十七条の二第一項第一号（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-1
- 金融商品取引法 第二十七条の二第一項第二号（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-2
- 金融商品取引法 第二十七条の二第一項第三号（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-1/item-3
- 金融商品取引法 第二十七条の二第二項（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-2
- 金融商品取引法 第二十七条の二第三項（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-3
- 金融商品取引法 第二十七条の二第四項（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-4
- 金融商品取引法 第二十七条の二第五項（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-5 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-5
- 金融商品取引法 第二十七条の二第六項（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-6 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-6
- 金融商品取引法 第二十七条の二第七項（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-7 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-7
- 金融商品取引法 第二十七条の二第八項（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-8 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-8
- 金融商品取引法 第二十七条の二第八項第一号（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-8/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-8/item-1
- 金融商品取引法 第二十七条の二第八項第二号（発行者以外の者による株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-2/par-8/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-2/par-8/item-2
- 金融商品取引法 第二十七条の三第一項（公開買付開始公告及び公開買付届出書の提出） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-3/par-1
- 金融商品取引法 第二十七条の三第三項（公開買付開始公告及び公開買付届出書の提出） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-3/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-3/par-3
- 金融商品取引法 第二十七条の五第一項第二号（公開買付けによらない買付け等の禁止） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-5/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-5/par-1/item-2
- 金融商品取引法 第二十七条の十三第四項（公開買付けに係る応募株券等の数等の公告等及び公開買付報告書等の提出） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-13/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-13/par-4
- 金融商品取引法 第二十七条の十六第一項（公開買付けに係る違反行為による賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-16/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-16/par-1
- 金融商品取引法 第二十七条の十九第一項（虚偽記載等のある公開買付説明書の使用者の賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-19/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-19/par-1
- 金融商品取引法 第二十七条の二十第一項（虚偽記載等のある公開買付開始公告を行つた者等の賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-20/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-20/par-1
- 金融商品取引法 第二十七条の二十第三項第一号（虚偽記載等のある公開買付開始公告を行つた者等の賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-20/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-20/par-3/item-1
- 金融商品取引法 第二十七条の二十二第一項（公開買付者等に対する報告の徴取及び検査） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-22/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-22/par-1
- 金融商品取引法 第二十七条の二十二の二第二項（発行者による上場株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-22-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-22-2/par-2
- 金融商品取引法 第二十七条の二十二の二第九項（発行者による上場株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-22-2/par-9 · https://japanlaw.org/l/323AC0000000025/art-27-22-2/par-9
- 金融商品取引法 第二十七条の二十二の二第十項（発行者による上場株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-22-2/par-10 · https://japanlaw.org/l/323AC0000000025/art-27-22-2/par-10
- 金融商品取引法 第二十七条の二十二の二第十一項（発行者による上場株券等の公開買付け） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-22-2/par-11 · https://japanlaw.org/l/323AC0000000025/art-27-22-2/par-11
- 金融商品取引法 第二十九条の四の二第七項（第一種少額電子募集取扱業者についての登録等の特例） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-29-4-2/par-7 · https://japanlaw.org/l/323AC0000000025/art-29-4-2/par-7
- 金融商品取引法 第二十九条の四の四第六項（非上場有価証券特例仲介等業者についての登録等の特例） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-29-4-4/par-6 · https://japanlaw.org/l/323AC0000000025/art-29-4-4/par-6
- 金融商品取引法 第百六十六条第六項第四号（会社関係者の禁止行為） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-166/par-6/item-4 · https://japanlaw.org/l/323AC0000000025/art-166/par-6/item-4
- 金融商品取引法 第百六十七条第一項（公開買付者等関係者の禁止行為） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-167/par-1 · https://japanlaw.org/l/323AC0000000025/art-167/par-1
- 金融商品取引法 第百七十二条の五第一項（公開買付開始公告を行わないで株券等の買付け等をした者に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-5/par-1
- 金融商品取引法 第百七十二条の六第一項第一号（虚偽表示のある公開買付開始公告を行つた者等に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-6/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-172-6/par-1/item-1
- 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 附則第十条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4201-65/art-10/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-10/par-1
- 金融商品取引法 附則第六条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4231-49/art-6/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4231-49/art-6/par-1
- 金融商品取引法 附則第二条第一項（公開買付けに関する経過措置） — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-5061-32/art-2/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-5061-32/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
- claude-sonnet-5-5 — Machine translation, batch financial-instruments-and-exchange-act-20261023T035921-002, 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