# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十七条の三十二の二 (Article 27-32-2)

- 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: 第二十七条の三十二の二 (Article 27-32-2)（外国証券情報の提供又は公表） — address `art-27-32-2`
- 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-27-32-2
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-27-32-2
- 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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### 第二十七条の三十二の二（外国証券情報の提供又は公表） — (Provision or Disclosure of Foreign Securities Information)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-27-32-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32-2 · https://japanlaw.org/l/323AC0000000025/art-27-32-2</sup>

**第一項**  金融商品取引業者等は、第四条第一項第四号に該当する有価証券の売出し（以下「外国証券売出し」という。）により有価証券を売り付ける場合には、当該有価証券及び当該有価証券の発行者に関する情報として内閣府令で定める情報（以下「外国証券情報」という。）をあらかじめ又は同時に、その相手方に提供し、又は公表しなければならない。ただし、当該有価証券の発行者が既に当該有価証券に係る特定証券情報を公表している場合その他の内閣府令で定める場合は、この限りでない。
<sup>art-27-32-2/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-32-2/par-1</sup>
If a financial instruments business operator, etc. sells securities through a secondary distribution of securities falling under Article 4, paragraph (1), item (iv) (hereinafter referred to as a "secondary distribution of foreign securities"), the financial instruments business operator, etc., in advance of selling of, or at the same time as it sells such securities, must provide the other party with the information specified by Cabinet Office Order as information about the securities and about the issuer of the securities (hereinafter collectively referred to as the "foreign securities information"), or must disclose such information; provided, however, that this does not apply if the issuer of the securities has already disclosed specified information on securities, etc. for the relevant Securities, nor does it apply in any other case specified by Cabinet Office Order.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  外国証券売出しを行つた金融商品取引業者等は、当該外国証券売出しにより有価証券を取得し、かつ、当該金融商品取引業者等に当該有価証券の保管を委託している者その他これに準ずる者として内閣府令で定める者から請求があつた場合又は投資者の投資判断に重要な影響を及ぼす事実が発生した場合として内閣府令で定める場合には、外国証券情報を提供し、又は公表しなければならない。ただし、当該有価証券に関する情報の取得の容易性、当該有価証券の保有の状況等に照らして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。
<sup>art-27-32-2/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-32-2/par-2</sup>
If a financial instruments business operator, etc. making a secondary distribution of foreign securities is so requested by a person that acquires the securities through the secondary distribution of foreign securities and entrusts those securities to the custody of the financial instruments business operator, etc.; if it is so requested by a person specified by Cabinet Office Order as being equivalent thereto; or in a case specified by Cabinet Office Order as one in which a fact has occurred that may have a material influence on the investors' investment decisions, the financial instruments business operator, etc. must provide the foreign securities information to that person or must disclose such information; provided, however that this does not apply in the cases that are specified by Cabinet Office Order as those in which, in light of the availability of information on the relevant securities, the status of holding of the securities, and other considerations, not doing so is found not to damage the public interest or result in insufficient investor protection.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第三項**  前二項の規定により外国証券情報の提供又は公表をしようとする金融商品取引業者等は、当該外国証券情報を、内閣府令で定めるところにより、自ら若しくは他の者に委託して提供し、又はインターネットの利用その他の方法により公表しなければならない。
<sup>art-27-32-2/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32-2/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-32-2/par-3</sup>
A financial instruments business operator, etc. seeking to provide or disclose foreign securities information pursuant to the preceding two paragraphs must provide the foreign securities information personally or entrust another party to do so, or must disclose the same using the internet or through any other means, pursuant to the provisions of Cabinet Office Order.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-27-32-2/par-1: 第四条第一項第四号 → 金融商品取引法 第四条第一項第四号 (Article 4, paragraph (1), item (iv)), art-4/par-1/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-4/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-4
- art-27-32-2/par-3: 前二項 → 金融商品取引法 第二十七条の三十二の二第一項 (Article 27-32-2, paragraph (1)), art-27-32-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-32-2/par-1
- art-27-32-2/par-3: 前二項 → 金融商品取引法 第二十七条の三十二の二第二項 (Article 27-32-2, paragraph (2)), art-27-32-2/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-32-2/par-2

## Cited by

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

- 金融商品取引法 第二条第三項第二号ロ（１）（定義） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-3/item-2/sub-2/sub2-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-3/item-2/sub-2/sub2-1
- 金融商品取引法 第二十七条の三十二の二第三項（外国証券情報の提供又は公表） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-32-2/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-32-2/par-3
- 金融商品取引法 第二十七条の三十四の二第一項（外国証券情報に係る違反行為者の賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-34-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-34-2/par-1
- 金融商品取引法 第二十七条の三十四の二第三項（外国証券情報に係る違反行為者の賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27-34-2/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-34-2/par-3
- 金融商品取引法 第二百五条第一項第六号の二 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-205/par-1/item-6-2 · https://japanlaw.org/l/323AC0000000025/art-205/par-1/item-6-2
- 金融商品取引法 第二百五条第一項第六号の三 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-205/par-1/item-6-3 · https://japanlaw.org/l/323AC0000000025/art-205/par-1/item-6-3
- 金融商品取引法 第二百五条第一項第六号の四 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-205/par-1/item-6-4 · https://japanlaw.org/l/323AC0000000025/art-205/par-1/item-6-4
- 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-4211-58/art-2/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4211-58/art-2/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
