# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十五条 (Supplementary Provisions, Article 25)

- 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: 第二十五条 (Supplementary Provisions, Article 25) — address `suppl-4041-87/art-25`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25
- 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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### 第二十五条
<sup>suppl-4041-87/art-25 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25</sup>

**第一項**  この法律の施行の際現に証券会社が外国において銀行、信託会社その他新証券取引法第四十三条の二第一項に規定する政令で定める金融機関が営む業務と同種類の業務を営む者又は同項の大蔵省令で定める会社（次項において「外国銀行等」という。）の過半数の株式又は過半数の出資（新証券取引法第四十三条の二第一項に規定する過半数の出資をいう。次項において同じ。）を所有しているときは、当該証券会社は、施行日から起算して三月以内にその旨を大蔵大臣に届け出なければならない。
<sup>suppl-4041-87/art-25/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-1</sup>
If, at the time this Act comes into effect, a securities company owns a majority of the shares or a majority of the equity investment (meaning the majority of the equity investment prescribed in Article 43-2, paragraph (1) of the New Securities and Exchange Act; the same applies in the following paragraph) of a person that engages in a foreign country in the same kind of business as that conducted by a bank, trust company, or other financial institution specified by Cabinet Order prescribed in Article 43-2, paragraph (1) of the New Securities and Exchange Act, or of a company specified by Ministry of Finance Order in that paragraph (referred to as a "foreign bank, etc." in the following paragraph), that securities company must notify the Minister of Finance to that effect within three months from the effective date.
<sup>machine translation, not official</sup>

**第二項**  この法律の施行の際証券会社が第一号に掲げる許可を受け、又は第二号に掲げる届出をしている株式又は出資の取得（施行日において実行していないものに限る。）による当該証券会社の株式又は出資の所有が、外国銀行等の過半数の株式又は過半数の出資の所有となるときは、当該証券会社は、施行日から起算して三月以内にその旨を大蔵大臣に届け出なければならない。
<sup>suppl-4041-87/art-25/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-2</sup>
If, at the time this Act comes into effect, the holding by a securities company of shares or equity investment through the acquisition of shares or equity investment (limited to one not yet executed on the effective date) for which the securities company has received the permission set forth in item (i) or has made the notification set forth in item (ii) would become the holding of a majority of the shares or a majority of the equity investment of a foreign bank, etc., that securities company must notify the Minister of Finance to that effect within three months from the effective date.
<sup>machine translation, not official</sup>

  **一**  外国為替及び外国貿易管理法第二十一条第二項の規定による許可
  <sup>suppl-4041-87/art-25/par-2/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-2/item-1</sup>
  permission under Article 21, paragraph (2) of the Foreign Exchange and Foreign Trade Control Act;
  <sup>machine translation, not official</sup>

  **二**  外国為替及び外国貿易管理法第二十二条第一項第四号の規定による届出（当該届出につき、同法第二十三条第二項の規定による大蔵大臣の勧告を受けることなく同条第一項の規定により当該届出に係る当該株式又は出資の取得を行ってはならない期間を経過している場合又は当該勧告を受け同条第四項の規定により当該勧告を応諾する旨の通知がされている場合に限る。）
  <sup>suppl-4041-87/art-25/par-2/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-2/item-2</sup>
  a notification under Article 22, paragraph (1), item (iv) of the Foreign Exchange and Foreign Trade Control Act (limited to a case where, with regard to that notification, the period during which the acquisition of the shares or equity investment pertaining to that notification must not be carried out under Article 23, paragraph (1) of that Act has elapsed without receiving a recommendation by the Minister of Finance under paragraph (2) of that Article, or a case where, having received that recommendation, a notice of acceptance of the recommendation has been given under paragraph (4) of that Article).
  <sup>machine translation, not official</sup>

**第三項**  前二項の規定により届出をした証券会社は、当該届出に係る株式又は出資の所有につき、施行日において新証券取引法第四十三条の二第一項の認可を受けたものとみなす。
<sup>suppl-4041-87/art-25/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-3</sup>
A securities company that has made a notification pursuant to the provisions of the preceding two paragraphs is deemed to have received, on the effective date, the authorization under Article 43-2, paragraph (1) of the New Securities and Exchange Act with regard to the holding of the shares or equity investment pertaining to that notification.
<sup>machine translation, not official</sup>

**第四項**  施行日前に旧証券取引法第三十三条の規定によってした同条第七号に係る認可（この法律の施行の際現に過半数の株式を所有している会社に係るものに限る。）は、新証券取引法第四十三条の二第一項の規定によってした認可とみなす。
<sup>suppl-4041-87/art-25/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-4 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-4</sup>
Authorization pertaining to item (vii) of Article 33 of the Former Securities and Exchange Act that was given pursuant to the provisions of that Article before the effective date (limited to one pertaining to a company of which a majority of the shares is held at the time this Act comes into effect) is deemed to be authorization given pursuant to the provisions of Article 43-2, paragraph (1) of the New Securities and Exchange Act.
<sup>machine translation, not official</sup>

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## Cites
- suppl-4041-87/art-25/par-1: 次項 → 金融商品取引法 附則第二十五条第二項 (Supplementary Provisions, Article 25, paragraph (2)), suppl-4041-87/art-25/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-2
- suppl-4041-87/art-25/par-2: 第一号 → 金融商品取引法 附則第二十五条第二項第一号 (Supplementary Provisions, Article 25, paragraph (2), item (i)), suppl-4041-87/art-25/par-2/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-2/item-1
- suppl-4041-87/art-25/par-2: 第二号 → 金融商品取引法 附則第二十五条第二項第二号 (Supplementary Provisions, Article 25, paragraph (2), item (ii)), suppl-4041-87/art-25/par-2/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-2/item-2
- suppl-4041-87/art-25/par-3: 前二項 → 金融商品取引法 附則第二十五条第一項 (Supplementary Provisions, Article 25, paragraph (1)), suppl-4041-87/art-25/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-1
- suppl-4041-87/art-25/par-3: 前二項 → 金融商品取引法 附則第二十五条第二項 (Supplementary Provisions, Article 25, paragraph (2)), suppl-4041-87/art-25/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-2

## Cited by

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

- 金融商品取引法 附則第二十五条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-1
- 金融商品取引法 附則第二十五条第二項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-2
- 金融商品取引法 附則第二十五条第三項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-25/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-25/par-3
- 金融商品取引法 附則第三十三条第一項（その他の経過措置の政令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4041-87/art-33/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4041-87/art-33/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-20261023T035921-026, 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
