# 金融商品取引法 / Financial Instruments and Exchange Act — 第百七十二条の七 (Article 172-7) - 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: 第百七十二条の七 (Article 172-7)（大量保有・変更報告書を提出しない者に対する課徴金納付命令） — address `art-172-7` - 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-172-7 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-172-7 - 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. --- ### 第百七十二条の七（大量保有・変更報告書を提出しない者に対する課徴金納付命令） — (Administrative Monetary Penalty Payment Order Issued to a Person That Fails to Submit a Statement of Large-Volume Holdings or Changes) caption: Ministry of Justice translation — Japanese Law Translation Database System art-172-7 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-7 · https://japanlaw.org/l/323AC0000000025/art-172-7 **第一項** 第二十七条の二十三第一項、第二十七条の二十五第一項又は第二十七条の二十六第一項、第二項、第四項若しくは第五項の規定に違反して、大量保有報告書又は変更報告書（以下この章において「大量保有・変更報告書」という。）を提出しない者があるときは、内閣総理大臣は、次節に定める手続に従い、その者に対し、第一号に掲げる額に第二号に掲げる数を乗じて得た額に相当する額の課徴金を国庫に納付することを命じなければならない。 art-172-7/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-7/par-1 If a person violates the provisions of Article 27-23, paragraph (1), Article 27-25, paragraph (1), or Article 27-26, paragraph (1), (2), (4), or (5) in failing to submit a statement of large-volume holdings or a statement of changes (hereinafter referred to as a "statement of large-volume holdings or changes" in this Chapter), the Prime Minister, in accordance with the procedures prescribed in the following Section, must order that person to pay an administrative monetary penalty that is equivalent to the amount arrived at when the amount set forth in item (i) is multiplied by the amount set forth in item (ii) to the national treasury: Ministry of Justice translation — Japanese Law Translation Database System **一** 当該提出すべき大量保有・変更報告書に係る株券等（第二十七条の二十三第一項に規定する株券等をいう。次条において同じ。）の発行者（同項に規定する発行者をいう。以下この条及び次条において同じ。）が発行する株券又はこれに準ずるものとして内閣府令で定める有価証券の当該提出すべき大量保有・変更報告書の提出期限の翌日における第六十七条の十九又は第百三十条に規定する最終の価格に、当該翌日における当該発行者の発行済株式の総数又はこれに準ずるものとして内閣府令で定める数を乗じて得た額（当該価格がないときは、これに相当するものとして内閣府令で定めるところにより算出した額） art-172-7/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-7/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-172-7/par-1/item-1 the amount arrived at when the closing price provided for in Article 67-19 or Article 130 on the day after that on which the person is required to submit a statement of large-volume holdings or changes for share certificates issued by the issuer (meaning the issuer prescribed in Article 27-23, paragraph (1); hereinafter the same applies in this Article and the following Article) of share certificates, etc. (meaning share certificates, etc. prescribed in Article 27-23, paragraph (1); the same applies in the following Article) that are the subject of the statement of large-volume holdings or changes that the person is required to submit or the closing price of securities specified by Cabinet Office Order as being equivalent to those share certificates on that day, is multiplied by the issuer's total number of issued shares on that day or by the number specified by Cabinet Office Order as being equivalent to this (or, if there is no such price, the amount calculated pursuant to the provisions of Cabinet Office Order as being equivalent to this); Ministry of Justice translation — Japanese Law Translation Database System **二** 十万分の一 art-172-7/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-7/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-172-7/par-1/item-2 one hundred thousandths. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-172-7/par-1: 第二十七条の二十三第一項 → 金融商品取引法 第二十七条の二十三第一項 (Article 27-23, paragraph (1)), art-27-23/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-1 - art-172-7/par-1: 第二十七条の二十五第一項 → 金融商品取引法 第二十七条の二十五第一項 (Article 27-25, paragraph (1)), art-27-25/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-25/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-25/par-1 - art-172-7/par-1: 第二十七条の二十六第一項 → 金融商品取引法 第二十七条の二十六第一項 (Article 27-26, paragraph (1)), art-27-26/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-26/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-26/par-1 - art-172-7/par-1: 第二項 → 金融商品取引法 第二十七条の二十六第二項 (Article 27-26, paragraph (2)), art-27-26/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-26/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-26/par-2 - art-172-7/par-1: 第四項 → 金融商品取引法 第二十七条の二十六第四項 (Article 27-26, paragraph (4)), art-27-26/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-26/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-26/par-4 - art-172-7/par-1: 第五項 → 金融商品取引法 第二十七条の二十六第五項 (Article 27-26, paragraph (5)), art-27-26/par-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-26/par-5 · https://japanlaw.org/l/323AC0000000025/art-27-26/par-5 - art-172-7/par-1: 第一号 → 金融商品取引法 第百七十二条の七第一項第一号 (Article 172-7, paragraph (1), item (i)), art-172-7/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-7/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-172-7/par-1/item-1 - art-172-7/par-1: 第二号 → 金融商品取引法 第百七十二条の七第一項第二号 (Article 172-7, paragraph (1), item (ii)), art-172-7/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-7/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-172-7/par-1/item-2 - art-172-7/par-1/item-1: 第二十七条の二十三第一項 → 金融商品取引法 第二十七条の二十三第一項 (Article 27-23, paragraph (1)), art-27-23/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-1 - art-172-7/par-1/item-1: 次条 → 金融商品取引法 第百七十二条の八 (Article 172-8), art-172-8 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-8 · https://japanlaw.org/l/323AC0000000025/art-172-8 - art-172-7/par-1/item-1: この条 → 金融商品取引法 第百七十二条の七 (Article 172-7), art-172-7 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-7 · https://japanlaw.org/l/323AC0000000025/art-172-7 - art-172-7/par-1/item-1: 第六十七条の十九 → 金融商品取引法 第六十七条の十九 (Article 67-19), art-67-19 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-67-19 · https://japanlaw.org/l/323AC0000000025/art-67-19 - art-172-7/par-1/item-1: 第百三十条 → 金融商品取引法 第百三十条 (Article 130), art-130 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-130 · https://japanlaw.org/l/323AC0000000025/art-130 ## Cited by 11 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百七十二条の七第一項（大量保有・変更報告書を提出しない者に対する課徴金納付命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-7/par-1 - 金融商品取引法 第百七十二条の七第一項第一号（大量保有・変更報告書を提出しない者に対する課徴金納付命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-7/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-172-7/par-1/item-1 - 金融商品取引法 第百七十六条第一項（課徴金の額の端数計算等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-176/par-1 · https://japanlaw.org/l/323AC0000000025/art-176/par-1 - 金融商品取引法 第百七十六条第二項（課徴金の額の端数計算等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-176/par-2 · https://japanlaw.org/l/323AC0000000025/art-176/par-2 - 金融商品取引法 第百七十六条第三項（課徴金の額の端数計算等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-176/par-3 · https://japanlaw.org/l/323AC0000000025/art-176/par-3 - 金融商品取引法 第百七十六条第四項（課徴金の額の端数計算等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-176/par-4 · https://japanlaw.org/l/323AC0000000025/art-176/par-4 - 金融商品取引法 第百七十八条第一項第七号（審判手続開始の決定） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1/item-7 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-7 - 金融商品取引法 第百八十五条の七第一項（課徴金の納付命令の決定等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-1 - 金融商品取引法 第百八十五条の七第十四項（課徴金の納付命令の決定等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-7/par-14 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-14 - 金融商品取引法 第百八十五条の七第十五項（課徴金の納付命令の決定等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-7/par-15 · https://japanlaw.org/l/323AC0000000025/art-185-7/par-15 - 金融商品取引法 附則第十一条第一項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-11/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-11/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