# 金融商品取引法 / Financial Instruments and Exchange Act — 第百二十七条 (Supplementary Provisions, Article 127)

- 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: 第百二十七条 (Supplementary Provisions, Article 127) — address `suppl-4181-65/art-127`
- 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-4181-65/art-127
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-127
- 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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### 第百二十七条
<sup>suppl-4181-65/art-127 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-127 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-127</sup>

**第一項**  施行日前に合併契約が締結された証券取引所がする合併については、なお従前の例による。
<sup>suppl-4181-65/art-127/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-127/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-127/par-1</sup>
With regard to a merger carried out by a securities exchange that concluded a merger agreement before the effective date, the provisions then in force continue to govern.
<sup>machine translation, not official</sup>

**第二項**  前項の規定によりなお従前の例によることとされる旧証券取引法第百四十条第一項の認可は、新金融商品取引法第百四十条第一項の認可とみなす。この場合において、新金融商品取引法第百九十四条の四第一項の規定は、適用しない。
<sup>suppl-4181-65/art-127/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-127/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-127/par-2</sup>
The authorization under Article 140, paragraph (1) of the Former Securities and Exchange Act for which the provisions then in force continue to govern pursuant to the provisions of the preceding paragraph is deemed to be the authorization under Article 140, paragraph (1) of the New Financial Instruments and Exchange Act. In this case, the provisions of Article 194-4, paragraph (1) of the New Financial Instruments and Exchange Act do not apply.
<sup>machine translation, not official</sup>

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## Cites
- suppl-4181-65/art-127/par-2: 前項 → 金融商品取引法 附則第百二十七条第一項 (Supplementary Provisions, Article 127, paragraph (1)), suppl-4181-65/art-127/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-127/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-127/par-1
- suppl-4181-65/art-127/par-2: 新金融商品取引法第百四十条第一項 → 金融商品取引法 第百四十条第一項 (Article 140, paragraph (1)), art-140/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-140/par-1 · https://japanlaw.org/l/323AC0000000025/art-140/par-1
- suppl-4181-65/art-127/par-2: 新金融商品取引法第百九十四条の四第一項 → 金融商品取引法 第百九十四条の四第一項 (Article 194-4, paragraph (1)), art-194-4/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1

## Cited by

1 provision cites this one. No official source publishes this direction.

- 金融商品取引法 附則第百二十七条第二項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-127/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-127/par-2

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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-20261023T033157-057, 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
