# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十七条の三十二 (Article 27-32) - 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: 第二十七条の三十二 (Article 27-32)（発行者情報の提供又は公表） — address `art-27-32` - 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-27-32 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-27-32 - 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. --- ### 第二十七条の三十二（発行者情報の提供又は公表） — (Provision or Disclosure of Information on the Issuer) caption: Ministry of Justice translation — Japanese Law Translation Database System art-27-32 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32 · https://japanlaw.org/l/323AC0000000025/art-27-32 **第一項** 次の各号に掲げる発行者は、内閣府令で定めるところにより、当該発行者に関する情報として内閣府令で定める情報（以下「発行者情報」という。）を、事業年度（発行者が会社以外の者である場合その他の内閣府令で定める場合にあつては、内閣府令で定める期間。第四項、第百七十二条の十一第一項及び第百八十五条の七第三十一項第四号において同じ。）ごとに一回以上、当該各号に定める有価証券を所有する者に提供し、又は公表しなければならない。ただし、流通性その他の事情を勘案し、公益又は投資者保護に欠けることがないものと認められる場合として内閣府令で定める場合は、この限りでない。 art-27-32/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1 The issuer set forth in each of the following items, pursuant to the provisions of Cabinet Office Order, must provide the holders of the securities set forth in the relevant item with the information about that issuer that is specified by Cabinet Office Order (hereinafter referred to as "information on the issuer") or disclose the same, at least once each business year (if the issuer is not a company or in any other cases specified by Cabinet Office Order, the period specified by Cabinet Office Order; the same applies in paragraph (4), Article 172-11, paragraph (1) and Article 185-7, paragraph (31), item (iv)); provided, however, that this does not apply in the cases that are specified by Cabinet Office Order as those in which, in consideration of liquidity and other circumstances, not doing so is found not to damage the public interest or result in insufficient investor protection: machine translation, not official **一** 特定投資家向け有価証券の発行者　当該発行者の発行する特定投資家向け有価証券 art-27-32/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1/item-1 an issuer of securities for professional investors:securities for professional investors issued by the issuer; or Ministry of Justice translation — Japanese Law Translation Database System **二** 前条第二項に定めるところにより特定証券情報の提供又は公表をした発行者（前号に掲げるものを除く。）　当該提供又は公表をした特定証券情報に係る有価証券 art-27-32/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1/item-2 an issuer that has provided or disclosed specified information on securities pursuant to the provisions of paragraph (2) of the preceding Article (excluding the issuer specified in the preceding item):the securities to which the provided or disclosed specified information on securities pertains. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 特定投資家向け有価証券に該当しなかつた有価証券が特定投資家向け有価証券に該当することとなつたとき（内閣府令で定める場合を除く。）は、当該有価証券の発行者は、遅滞なく、内閣府令で定めるところにより、発行者情報を、当該有価証券を所有する者に提供し、又は公表しなければならない。 art-27-32/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-2 If securities that did not fall under the category of securities for professional investors have come to fall under this category (except in a case specified by Cabinet Office Order), the issuer of such securities must provide the holder of such securities with the information on the issuer or disclose the same, without delay, pursuant to the provisions of Cabinet Office Order. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 発行者情報に訂正すべき事項があるときは、第一項各号に掲げる発行者は、内閣府令で定めるところにより、これを訂正する旨の情報（以下「訂正発行者情報」という。）を提供し、又は公表しなければならない。 art-27-32/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-3 If there is a particular that is required to be amended in the information on the issuer, an issuer set forth in any of the items of paragraph (1) must provide or disclose information indicating that it is amending that particular (hereinafter referred to as the "amended information on the issuer"), pursuant to the provisions of Cabinet Office Order. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 第一項又は第二項の規定により発行者情報の公表をした発行者は、当該発行者情報の公表をした日から当該発行者情報に係る事業年度の次の事業年度に係る発行者情報の提供又は公表をする日までの間（当該発行者情報に係る特定投資家向け有価証券が特定投資家向け有価証券でなくなつた場合その他の内閣府令で定める場合にあつては、内閣府令で定める期間）、当該発行者情報（訂正発行者情報を公表した場合には、当該訂正発行者情報を含む。）を継続して公表しなければならない。 art-27-32/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-4 An issuer that has disclosed the information on the issuer pursuant to the provisions of paragraph (1) or (2) must continue to disclose such information on the issuer (if any amended information on the issuer has been disclosed, such amended information on the issuer is included), from the date on which it discloses that information on the issuer until the date on which it provides or discloses the information on the issuer for the business year following that in which it discloses the relevant information on the issuer (if securities for professional investors to which the information on the issuer pertains come to no longer fall under the category of securities for professional investors or in any other case specified by Cabinet Office Order, for the period specified by Cabinet Office Order). Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-27-32/par-1: 第四項 → 金融商品取引法 第二十七条の三十二第四項 (Article 27-32, paragraph (4)), art-27-32/par-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-4 - art-27-32/par-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-27-32/par-1: 第百八十五条の七第三十一項第四号 → 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-27-32/par-1/item-2: 前条第二項 → 金融商品取引法 第二十七条の三十一第二項 (Article 27-31, paragraph (2)), art-27-31/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-31/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-2 - art-27-32/par-1/item-2: 前号 → 金融商品取引法 第二十七条の三十二第一項第一号 (Article 27-32, paragraph (1), item (i)), art-27-32/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1/item-1 - art-27-32/par-3: 第一項 → 金融商品取引法 第二十七条の三十二第一項 (Article 27-32, paragraph (1)), art-27-32/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1 - art-27-32/par-4: 第一項 → 金融商品取引法 第二十七条の三十二第一項 (Article 27-32, paragraph (1)), art-27-32/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1 - art-27-32/par-4: 第二項 → 金融商品取引法 第二十七条の三十二第二項 (Article 27-32, paragraph (2)), art-27-32/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-2 ## Cited by 10 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第二十七条の三十一第三項（特定証券情報の提供又は公表） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-31/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-3 - 金融商品取引法 第二十七条の三十二第一項（発行者情報の提供又は公表） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1 - 金融商品取引法 第二十七条の三十二第一項第二号（発行者情報の提供又は公表） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1/item-2 - 金融商品取引法 第二十七条の三十二第三項（発行者情報の提供又は公表） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-3 - 金融商品取引法 第二十七条の三十二第四項（発行者情報の提供又は公表） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-4 - 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 第百六十六条第五項（会社関係者の禁止行為） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-166/par-5 · https://japanlaw.org/l/323AC0000000025/art-166/par-5 - 金融商品取引法 第百七十二条の十一第一項第二号ロ（虚偽のある発行者等情報の提供又は公表をした発行者に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-172-11/par-1/item-2/sub-2 · https://japanlaw.org/l/323AC0000000025/art-172-11/par-1/item-2/sub-2 - 金融商品取引法 第百九十七条第一項第四号の二 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-197/par-1/item-4-2 · https://japanlaw.org/l/323AC0000000025/art-197/par-1/item-4-2 - 金融商品取引法 第百九十七条の二第一項第十号の三 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-197-2/par-1/item-10-3 · https://japanlaw.org/l/323AC0000000025/art-197-2/par-1/item-10-3 --- ## 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-20261023T035921-004, 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