# 金融商品取引法 / Financial Instruments and Exchange Act — 第百三十九条の八 (Article 139-8) - 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: 第百三十九条の八 (Article 139-8)（吸収合併契約の承認等） — address `art-139-8` - 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-139-8 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-139-8 - 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. --- ### 第百三十九条の八（吸収合併契約の承認等） — (Approval of an Absorption-Type Merger Agreement) caption: Ministry of Justice translation — Japanese Law Translation Database System art-139-8 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8 · https://japanlaw.org/l/323AC0000000025/art-139-8 **第一項** 吸収合併存続株式会社金融商品取引所は、効力発生日の前日までに、株主総会の決議によつて、吸収合併契約の承認を受けなければならない。 art-139-8/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-1 An incorporated financial instruments exchange surviving an absorption-type merger must obtain approval for the absorption-type merger agreement by a resolution at the shareholders meeting, by the day immediately preceding the effective date. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 承継する吸収合併消滅会員金融商品取引所の資産に吸収合併存続株式会社金融商品取引所の株式が含まれる場合には、取締役は、前項の株主総会において、当該株式に関する事項を説明しなければならない。 art-139-8/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-2 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-2 If the assets of the incorporated association-operated financial instruments exchange disappearing in an absorption-type merger which are to be succeeded to include shares in the incorporated financial instruments exchange surviving the absorption-type merger, the directors must give an explanation of particulars related to those shares at the shareholders meeting referred to in the preceding paragraph. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 吸収合併存続株式会社金融商品取引所が種類株式発行会社である場合において、吸収合併消滅会員金融商品取引所の会員に対して交付する株式等が吸収合併存続株式会社金融商品取引所の株式であるときは、吸収合併は、第百三十九条第二号イの種類の株式（譲渡制限株式であつて、会社法第百九十九条第四項の定款の定めがないものに限る。）の種類株主を構成員とする種類株主総会（当該種類株主に係る株式の種類が二以上ある場合にあつては、当該二以上の株式の種類別に区分された種類株主を構成員とする各種類株主総会）の決議がなければ、その効力を生じない。ただし、当該種類株主総会において議決権を行使することができる株主が存しない場合は、この限りでない。 art-139-8/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-3 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-3 If the incorporated financial instruments exchange surviving an absorption-type merger is a company with class shares, and the shares, etc. to be delivered to members of the incorporated association-operated financial instruments exchange disappearing in the absorption-type merger are shares in the incorporated financial instruments exchange surviving the absorption-type merger, the absorption-type merger does not become effective without a resolution at the class shareholders meeting consisting of class shareholders for the class shares set forth in Article 139, item (ii), (a) (limited to shares with a restriction on transfer for which the provisions of the articles of incorporation which are referred to in Article 199, paragraph (4) of the Companies Act have not been provided) (or, if there are two or more classes of shares associated with such class shareholders, without the resolutions of each group of class shareholders whose constituent members are the class shareholders in each separate class of those two or more classes of shares); provided, however, that this does not apply if there are no shareholders that are entitled to exercise voting rights at the class shareholders meeting. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 第一項の株主総会の決議は、当該株主総会において議決権を行使することができる株主の議決権の過半数（三分の一以上の割合を定款で定めた場合にあつては、その割合以上）を有する株主が出席し、出席した当該株主の議決権の三分の二（これを上回る割合を定款で定めた場合にあつては、その割合）以上に当たる多数をもつて行わなければならない。この場合においては、当該決議の要件に加えて、一定の数以上の株主の賛成を要する旨その他の要件を定款で定めることを妨げない。 art-139-8/par-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-4 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-4 The resolution of a shareholders meeting referred to in paragraph (1) must be adopted with at least a two-thirds majority (if a higher proportion is provided for in the articles of incorporation, that proportion) of the votes of the attending shareholders, at a meeting in which shareholders that hold over half the voting rights (if a proportion of one-third or more is specified by the articles of incorporation, at least that proportion) of the shareholders that are entitled to exercise voting rights at the shareholders meeting, are present. In such a case, the incorporated financial instruments exchange surviving the absorption-type merger is not precluded from establishing provisions in its articles of incorporation requiring at least a certain number of affirmative votes from the shareholders or other requirements, in addition to the requirement for the resolution. Ministry of Justice translation — Japanese Law Translation Database System **第五項** 前項の規定は、第三項の種類株主総会について準用する。 art-139-8/par-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-5 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-5 The provisions of the preceding paragraph apply mutatis mutandis to the class shareholders referred to in paragraph (3). Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-139-8/par-2: 前項 → 金融商品取引法 第百三十九条の八第一項 (Article 139-8, paragraph (1)), art-139-8/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-1 - art-139-8/par-3: 第百三十九条第二号 → 金融商品取引法 第百三十九条第一項第二号 (Article 139, paragraph (1), item (ii)), art-139/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-139/par-1/item-2 - art-139-8/par-3: 会社法第百九十九条第四項 → 会社法 第百九十九条第四項 (Article 199, paragraph (4)), art-199/par-4 — https://japanlaw.org/ja/companies-act/art-199/par-4 · https://japanlaw.org/l/417AC0000000086/art-199/par-4 - art-139-8/par-4: 第一項 → 金融商品取引法 第百三十九条の八第一項 (Article 139-8, paragraph (1)), art-139-8/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-1 - art-139-8/par-5: 前項 → 金融商品取引法 第百三十九条の八第四項 (Article 139-8, paragraph (4)), art-139-8/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-4 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-4 - art-139-8/par-5: 第三項 → 金融商品取引法 第百三十九条の八第三項 (Article 139-8, paragraph (3)), art-139-8/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-3 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-3 ## Cited by 8 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百三十九条の八第二項（吸収合併契約の承認等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-2 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-2 - 金融商品取引法 第百三十九条の八第四項（吸収合併契約の承認等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-4 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-4 - 金融商品取引法 第百三十九条の八第五項（吸収合併契約の承認等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-8/par-5 · https://japanlaw.org/l/323AC0000000025/art-139-8/par-5 - 金融商品取引法 第百三十九条の九第一項（吸収合併契約等の承認を要しない場合等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-9/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-9/par-1 - 金融商品取引法 第百三十九条の九第二項（吸収合併契約等の承認を要しない場合等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-9/par-2 · https://japanlaw.org/l/323AC0000000025/art-139-9/par-2 - 金融商品取引法 第百三十九条の十第一項（株主等に対する通知） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-139-10/par-1 - 金融商品取引法 第百三十九条の十第二項第二号（株主等に対する通知） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-139-10/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-139-10/par-2/item-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 --- ## 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