# 金融商品取引法 / Financial Instruments and Exchange Act — 第百七十二条の八 (Article 172-8) - 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: 第百七十二条の八 (Article 172-8)（虚偽記載のある大量保有・変更報告書等を提出した者に対する課徴金納付命令） — address `art-172-8` - 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-172-8 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-172-8 - 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. --- ### 第百七十二条の八（虚偽記載のある大量保有・変更報告書等を提出した者に対する課徴金納付命令） — (Administrative Monetary Penalty Payment Order Issued to a Person Submitting a Statement of Large-Volume Holdings or Changes That Contains a False Statement) caption: Ministry of Justice translation — Japanese Law Translation Database System art-172-8 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-8 · https://japanlaw.org/l/323AC0000000025/art-172-8 **第一項** 重要な事項につき虚偽の記載があり、又は記載すべき重要な事項の記載が欠けている大量保有・変更報告書等（大量保有・変更報告書又は第二十七条の二十五第三項（第二十七条の二十六第六項において準用する場合を含む。）若しくは第二十七条の二十九第一項において準用する第九条第一項若しくは第十条第一項の規定による訂正報告書をいう。以下この章において同じ。）を提出した者があるときは、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-172-8/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-8/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-8/par-1 If a person submits a statement of large-volume holdings or changes, etc. (meaning a statement of large-volume holdings or changes or an amended statement prescribed in Article 9, paragraph (1) or Article 10, paragraph (1) as applied mutatis mutandis pursuant to Article 27-25, paragraph (3) (including as applied mutatis mutandis pursuant to Article 27-26, paragraph (6)) or Article 27-29, paragraph (1); hereinafter the same applies in this Chapter) that contains a false statement about a material particular or that lacks a statement of a material particular that is required to be stated, 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** 当該大量保有・変更報告書等に係る株券等の発行者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大量保有・変更報告書等が提出された日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-172-8/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-8/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-172-8/par-1/item-1 the amount arrived when the closing price provided for in Article 67-19 or Article 130, of share certificates issued by the issuer of share certificates, etc. which are the subject of that statement of large-volume holdings or changes, or that of securities specified by Cabinet Office Order as being equivalent to those share certificates, on the day after the day on which that statement of large-volume holdings or changes has been submitted, 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-172-8/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-8/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-172-8/par-1/item-2 one hundred thousandth. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-172-8/par-1: 第二十七条の二十五第三項 → 金融商品取引法 第二十七条の二十五第三項 (Article 27-25, paragraph (3)), art-27-25/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-25/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-25/par-3 - art-172-8/par-1: 第二十七条の二十六第六項 → 金融商品取引法 第二十七条の二十六第六項 (Article 27-26, paragraph (6)), art-27-26/par-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-26/par-6 · https://japanlaw.org/l/323AC0000000025/art-27-26/par-6 - art-172-8/par-1: 第二十七条の二十九第一項 → 金融商品取引法 第二十七条の二十九第一項 (Article 27-29, paragraph (1)), art-27-29/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-29/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-29/par-1 - art-172-8/par-1: 第九条第一項 → 金融商品取引法 第九条第一項 (Article 9, paragraph (1)), art-9/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-9/par-1 · https://japanlaw.org/l/323AC0000000025/art-9/par-1 - art-172-8/par-1: 第十条第一項 → 金融商品取引法 第十条第一項 (Article 10, paragraph (1)), art-10/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-10/par-1 - art-172-8/par-1: 第一号 → 金融商品取引法 第百七十二条の八第一項第一号 (Article 172-8, paragraph (1), item (i)), art-172-8/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-8/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-172-8/par-1/item-1 - art-172-8/par-1: 第二号 → 金融商品取引法 第百七十二条の八第一項第二号 (Article 172-8, paragraph (1), item (ii)), art-172-8/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-8/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-172-8/par-1/item-2 - art-172-8/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-172-8/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 10 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 第百七十二条の八第一項（虚偽記載のある大量保有・変更報告書等を提出した者に対する課徴金納付命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-8/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-8/par-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八号（審判手続開始の決定） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1/item-8 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-8 - 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 附則第十二条第一項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-12/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-12/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