# 金融商品取引法 / Financial Instruments and Exchange Act — 第百三十八条 (Article 138)

- 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: 第百三十八条 (Article 138)（会員金融商品取引所と会員金融商品取引所との新設合併契約） — address `art-138`
- 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-138
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-138
- 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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### 第百三十八条（会員金融商品取引所と会員金融商品取引所との新設合併契約） — (Consolidation-Type Merger Agreements between an Incorporated Association-Operated Financial Instruments Exchange and an Incorporated Association-Operated Financial Instruments Exchange)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-138 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-138 · https://japanlaw.org/l/323AC0000000025/art-138</sup>

      **第一項**  会員金融商品取引所と会員金融商品取引所とが新設合併をする場合には、新設合併契約において、次に掲げる事項を定めなければならない。
      <sup>art-138/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-138/par-1 · https://japanlaw.org/l/323AC0000000025/art-138/par-1</sup>
      If an incorporated association-operated financial instruments exchange and an incorporated association-operated financial instruments exchange implement a consolidation-type merger, they must specify the following particulars in the consolidation-type merger agreement:
      <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **一**  新設合併により消滅する会員金融商品取引所（以下この款において「新設合併消滅会員金融商品取引所」という。）の名称及び住所
        <sup>art-138/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-138/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-138/par-1/item-1</sup>
        the names and addresses of the incorporated association-operated financial instruments exchange that will disappear in the consolidation-type merger (hereinafter each is referred to as an "incorporated association-operated financial instruments exchange disappearing in the consolidation-type merger" in this Subsection);
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **二**  新設合併により設立する会員金融商品取引所（以下この款において「新設合併設立会員金融商品取引所」という。）の目的、名称及び主たる事務所の所在地
        <sup>art-138/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-138/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-138/par-1/item-2</sup>
        the purpose, name, and the location of the principal office of the incorporated association-operated financial instruments exchange that will be incorporated in the consolidation-type merger (hereinafter referred to as the "incorporated association–operated financial instruments exchange incorporated in the consolidation-type merger" in this Subsection);
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **三**  前号に掲げるもののほか、新設合併設立会員金融商品取引所の定款で定める事項
        <sup>art-138/par-1/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-138/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-138/par-1/item-3</sup>
        beyond what is set forth in the preceding item, the particulars specified by the articles of incorporation of the incorporated association–operated financial instruments exchange incorporated in the consolidation-type merger; and
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

        **四**  新設合併設立会員金融商品取引所の設立に際して理事長、理事及び監事となる者の氏名その他内閣府令で定める事項
        <sup>art-138/par-1/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-138/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-138/par-1/item-4</sup>
        the names of the persons that will become the president, board members, and inspectors at the time of the incorporation of the incorporated association–operated financial instruments exchange incorporated in the consolidation-type merger, and other particulars specified by Cabinet Office Order.
        <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-138/par-1/item-3: 前号 → 金融商品取引法 第百三十八条第一項第二号 (Article 138, paragraph (1), item (ii)), art-138/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-138/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-138/par-1/item-2

## Cited by

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

- 金融商品取引法 第百三十八条第一項第三号（会員金融商品取引所と会員金融商品取引所との新設合併契約） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-138/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-138/par-1/item-3
- 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

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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
