# 金融商品取引法 / Financial Instruments and Exchange Act — 第百二十七条 (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 (Article 127)（上場廃止等の命令） — address `art-127` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-127 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/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. --- ### 第百二十七条（上場廃止等の命令） — (Order to Delist) caption: Ministry of Justice translation — Japanese Law Translation Database System art-127 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-127 · https://japanlaw.org/l/323AC0000000025/art-127 **第一項** 内閣総理大臣は、金融商品取引所が業務規程に違反して金融商品等の上場又は上場の廃止を行おうとする場合又は行つた場合には、当該金融商品取引所に対し、当該上場を行つた金融商品等の上場の廃止又は当該上場の廃止を行つた金融商品等の再上場その他当該違反を是正するために必要な措置をとることを命ずることができる。この場合においては、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。 art-127/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-127/par-1 · https://japanlaw.org/l/323AC0000000025/art-127/par-1 If a financial instruments exchange violates its operational rules in seeking to list or delist financial instruments, etc. or in listing or delisting them, the Prime Minister may order the financial instruments exchange to delist the listed financial instruments, etc., to re-list the delisted financial instruments, etc., or to take the necessary measures to rectify the violation. In such a case, irrespective of the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, the Prime Minister must conduct a hearing. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定による処分に係る聴聞において行政手続法第十五条第一項の通知があつた場合における同法第三章第二節の規定の適用については、前項の金融商品等のうち、有価証券の発行者は、同条第一項の通知を受けた者とみなす。 art-127/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-127/par-2 · https://japanlaw.org/l/323AC0000000025/art-127/par-2 In applying the provisions of Chapter III, Section 2 of the Administrative Procedure Act, if the notice referred to in Article 15, paragraph (1) of that Act is given at the hearing for a disposition under the provisions of the preceding paragraph, the issuer of securities that are among the financial instruments, etc. referred to in the preceding paragraph is deemed to be the person that receives the notice referred to in Article 15, paragraph (1) of that Act. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-127/par-1: 行政手続法第十三条第一項 → 行政手続法 第十三条第一項 (Article 13, paragraph (1)), art-13/par-1 — https://japanlaw.org/ja/administrative-procedure-act/art-13/par-1 · https://japanlaw.org/l/405AC0000000088/art-13/par-1 - art-127/par-2: 前項 → 金融商品取引法 第百二十七条第一項 (Article 127, paragraph (1)), art-127/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-127/par-1 · https://japanlaw.org/l/323AC0000000025/art-127/par-1 - art-127/par-2: 行政手続法第十五条第一項 → 行政手続法 第十五条第一項 (Article 15, paragraph (1)), art-15/par-1 — https://japanlaw.org/ja/administrative-procedure-act/art-15/par-1 · https://japanlaw.org/l/405AC0000000088/art-15/par-1 ## Cited by 5 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百二十七条第二項（上場廃止等の命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-127/par-2 · https://japanlaw.org/l/323AC0000000025/art-127/par-2 - 金融商品取引法 第百五十四条の二第一項（内閣府令への委任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-154-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-154-2/par-1 - 金融商品取引法 第百九十四条の六の二第一項第二号イ（商品市場所管大臣への協議等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-194-6-2/par-1/item-2/sub-1 · https://japanlaw.org/l/323AC0000000025/art-194-6-2/par-1/item-2/sub-1 - 金融商品取引法 第二百六条第一項第四号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-206/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-206/par-1/item-4 - 金融商品取引法 附則第百二十五条第二項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-125/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-125/par-2 --- ## 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