# 金融商品取引法 / Financial Instruments and Exchange Act — 第三十二条の二 (Article 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: 第三十二条の二 (Article 32-2)（主要株主に対する措置命令等） — address `art-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-32-2 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-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. --- ### 第三十二条の二（主要株主に対する措置命令等） — (Order for Measures to Be Taken by a Major Shareholder) caption: Ministry of Justice translation — Japanese Law Translation Database System art-32-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-32-2 · https://japanlaw.org/l/323AC0000000025/art-32-2 **第一項** 内閣総理大臣は、金融商品取引業者の主要株主が第二十九条の四第一項第五号ニ（１）若しくは（２）又はホ（１）から（３）までのいずれかに該当する場合には、当該主要株主に対し三月以内の期間を定めて当該金融商品取引業者の主要株主でなくなるための措置その他必要な措置をとることを命ずることができる。 art-32-2/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-32-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-32-2/par-1 If the major shareholder of a financial instruments business operator falls under any of the categories in Article 29-4, paragraph (1), item (v), (d), 1. or 2. or (e), 1. through 3., the Prime Minister may order the relevant major shareholder to take measures so that it will cease to be the major shareholder of the relevant financial instruments business operator or to take any other necessary measures within a fixed period of no longer than three months. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 内閣総理大臣は、金融商品取引業者の特定主要株主（前条第四項に規定する特定主要株主をいう。以下同じ。）の業務又は財産の状況（当該特定主要株主が法人である場合にあつては、当該特定主要株主の子法人等（特定主要株主が総株主等の議決権の過半数を保有していることその他の当該特定主要株主と密接な関係を有する法人その他の団体として政令で定める要件に該当する者をいう。）の財産の状況を含む。）に照らして公益又は投資者保護のため特に必要があると認めるときは、その必要の限度において、当該特定主要株主に対し、当該金融商品取引業者の業務の運営又は財産の状況の改善に必要な措置をとることを命ずることができる。 art-32-2/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-32-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-32-2/par-2 If the Prime Minister finds it to be particularly necessary in the public interest or for the protection of investors in light of state of the business or assets of the specified major shareholder (meaning a specified major shareholder as provided for in paragraph (4) of the preceding Article; the same applies hereinafter) of a financial instruments business operator (if such a specified major shareholder is a corporation, this includes the state of the assets of a subsidiary corporation, etc. of such specified major shareholder (meaning a person falling under the category of a corporation or other organization in which the specified major shareholder holds the majority of the voting rights held by all the shareholders, etc., or that otherwise satisfies the requirements specified by Cabinet Order as a corporation or other organization that is closely related to the specified major shareholder)), the Prime Minister may, to the extent necessary, order the specified major shareholder to take measures that are necessary for improving the financial instruments business operator's business operations or the state of its assets. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 内閣総理大臣は、金融商品取引業者の特定主要株主が前項の規定による命令に違反した場合には、当該特定主要株主に対し三月以内の期間を定めて当該金融商品取引業者の主要株主でなくなるための措置その他必要な措置をとることを命ずることができる。 art-32-2/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-32-2/par-3 · https://japanlaw.org/l/323AC0000000025/art-32-2/par-3 If the specified major shareholder of a financial instruments business operator violates an order under the preceding paragraph, the Prime Minister may order the specified major shareholder to take measures so that it will cease to be the major shareholder of the financial instruments business operator or to take other necessary measures within a fixed period of no longer than three months. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-32-2/par-1: 第二十九条の四第一項第五号 → 金融商品取引法 第二十九条の四第一項第五号 (Article 29-4, paragraph (1), item (v)), art-29-4/par-1/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-29-4/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-29-4/par-1/item-5 - art-32-2/par-2: 前条第四項 → 金融商品取引法 第三十二条第四項 (Article 32, paragraph (4)), art-32/par-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-32/par-4 · https://japanlaw.org/l/323AC0000000025/art-32/par-4 - art-32-2/par-3: 前項 → 金融商品取引法 第三十二条の二第二項 (Article 32-2, paragraph (2)), art-32-2/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-32-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-32-2/par-2 ## Cited by 10 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第三十二条の二第三項（主要株主に対する措置命令等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-32-2/par-3 · https://japanlaw.org/l/323AC0000000025/art-32-2/par-3 - 金融商品取引法 第三十二条の四第一項（主要株主に関する規定の準用） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-32-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-32-4/par-1 - 金融商品取引法 第五十六条の二第二項（報告の徴取及び検査） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-56-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-56-2/par-2 - 金融商品取引法 第五十七条の二十六第一項（指定親会社の主要株主に関する措置） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-26/par-1 · https://japanlaw.org/l/323AC0000000025/art-57-26/par-1 - 金融商品取引法 第五十七条の二十六第二項（指定親会社の主要株主に関する措置） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-57-26/par-2 · https://japanlaw.org/l/323AC0000000025/art-57-26/par-2 - 金融商品取引法 第六十五条の四第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-65-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-65-4/par-1 - 金融商品取引法 第二百条第一項第十三号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-200/par-1/item-13 · https://japanlaw.org/l/323AC0000000025/art-200/par-1/item-13 - 金融商品取引法 第二百八条第一項第五号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-208/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-208/par-1/item-5 - 金融商品取引法 附則第三十条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-30/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-30/par-1 - 金融商品取引法 附則第三十二条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-32/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-32/par-1 --- ## 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