# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十三条の五 (Article 23-5)

- 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: 第二十三条の五 (Article 23-5)（発行登録書の効力発生日） — address `art-23-5`
- 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-23-5
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-23-5
- 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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### 第二十三条の五（発行登録書の効力発生日） — (Effective Date of a Shelf Registration Statement)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-23-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-5 · https://japanlaw.org/l/323AC0000000025/art-23-5</sup>

**第一項**  第八条の規定は、発行登録の効力の発生について準用する。この場合において、同条第一項中「第五条第一項の規定による届出書（同項ただし書に規定する事項の記載がない場合には、当該事項に係る前条第一項の規定による訂正届出書。次項において同じ。）」とあるのは「第二十三条の三第一項に規定する発行登録書（以下この条から第二十三条までにおいて「発行登録書」という。）」と、同条第二項中「前条第一項の規定による訂正届出書」とあるのは「第二十三条の四の規定による訂正発行登録書」と、「第五条第一項の規定による届出書」とあるのは「発行登録書」と、同条第三項中「第五条第一項及び第十三項若しくは前条第一項の規定による届出書類」とあるのは「発行登録書及びその添付書類又は第二十三条の三第三項に規定する発行登録（以下この条から第二十三条までにおいて「発行登録」という。）が効力を生ずることとなる日前において提出される第二十三条の四の規定による訂正発行登録書」と、「当該届出書類の届出者」とあるのは「これらの書類の提出者」と読み替えるものとする。
<sup>art-23-5/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-5/par-1</sup>
The provisions of Article 8 apply mutatis mutandis to effectuation of a shelf registration. In this case, in Article 8, paragraph (1), the phrase "the statement under Article 5, paragraph (1) (or, if the particulars referred to in the proviso to Article 5, paragraph (1) are not stated in the statement, the amended statement under paragraph (1) of the preceding Article which is connected with those particulars; the same applies in the following paragraph)" is deemed to be replaced with "shelf registration statement provided for in Article 23-3, paragraph (1) (hereinafter referred to as a 'shelf registration statement' in this Article to Article 23)"; in Article 8, paragraph (2), the phrase "an amended statement under paragraph (1) of the preceding Article" is deemed to be replaced with "an amended shelf registration statement under Article 23-4" and the phrase "the statement set forth in Article 5, paragraph (1)" is deemed to be replaced with "the shelf registration statement"; and in Article 8, paragraph (3), the phrase "statement or other documents under Article 5, paragraph (1) or (13) or paragraph (1) of the preceding Article" is deemed to be replaced with "shelf registration statement and accompanying documents or an amended shelf registration statement under Article 23-4 submitted before the day on which the shelf registration prescribed in Article 23-3, paragraph (3) (hereinafter referred to as a 'shelf registration' in this Article to Article 23) comes into effect" and the phrase "the person that submitted the statement and other documents" is deemed to be replaced with "the person that submitted those documents".
<sup>machine translation, not official</sup>

**第二項**  発行登録が効力を生じた日以後に、前条の規定により訂正発行登録書が提出された場合には、内閣総理大臣は、公益又は投資者保護のため必要かつ適当であると認めるときは、当該訂正発行登録書が提出された日から十五日を超えない範囲内において内閣総理大臣が指定する期間、当該発行登録の効力の停止を命ずることができる。
<sup>art-23-5/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-5/par-2 · https://japanlaw.org/l/323AC0000000025/art-23-5/par-2</sup>
If, pursuant to the preceding Article, an amended shelf registration statement is submitted on or after the day on which a shelf registration comes into effect and the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may order the suspension of the validity of the shelf registration during a fixed period of no longer than 15 days designated thereby.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-23-5/par-1: 第八条 → 金融商品取引法 第八条 (Article 8), art-8 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-8 · https://japanlaw.org/l/323AC0000000025/art-8
- art-23-5/par-1: 同条第一項 → 金融商品取引法 第八条第一項 (Article 8, paragraph (1)), art-8/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-8/par-1 · https://japanlaw.org/l/323AC0000000025/art-8/par-1
- art-23-5/par-1: 第五条第一項 → 金融商品取引法 第五条第一項 (Article 5, paragraph (1)), art-5/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-5/par-1
- art-23-5/par-1: 前条第一項 → 金融商品取引法 第七条第一項 (Article 7, paragraph (1)), art-7/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-7/par-1
- art-23-5/par-1: 次項 → 金融商品取引法 第八条第二項 (Article 8, paragraph (2)), art-8/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-8/par-2 · https://japanlaw.org/l/323AC0000000025/art-8/par-2
- art-23-5/par-1: 第二十三条の三第一項 → 金融商品取引法 第二十三条の三第一項 (Article 23-3, paragraph (1)), art-23-3/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-3/par-1
- art-23-5/par-1: 第二十三条 → 金融商品取引法 第二十三条 (Article 23), art-23 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23 · https://japanlaw.org/l/323AC0000000025/art-23
- art-23-5/par-1: 第二十三条の四 → 金融商品取引法 第二十三条の四 (Article 23-4), art-23-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-4 · https://japanlaw.org/l/323AC0000000025/art-23-4
- art-23-5/par-1: 同条第三項 → 金融商品取引法 第八条第三項 (Article 8, paragraph (3)), art-8/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-8/par-3 · https://japanlaw.org/l/323AC0000000025/art-8/par-3
- art-23-5/par-1: 第十三項 → 金融商品取引法 第五条第十三項 (Article 5, paragraph (13)), art-5/par-13 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-5/par-13 · https://japanlaw.org/l/323AC0000000025/art-5/par-13
- art-23-5/par-1: 第二十三条の三第三項 → 金融商品取引法 第二十三条の三第三項 (Article 23-3, paragraph (3)), art-23-3/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-3/par-3 · https://japanlaw.org/l/323AC0000000025/art-23-3/par-3
- art-23-5/par-2: 前条 → 金融商品取引法 第二十三条の四 (Article 23-4), art-23-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-4 · https://japanlaw.org/l/323AC0000000025/art-23-4

## Cited by

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

- 金融商品取引法 第十一条第一項（虚偽記載のある有価証券届出書の届出後一年内の届出の効力の停止等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-11/par-1 · https://japanlaw.org/l/323AC0000000025/art-11/par-1
- 金融商品取引法 第二十三条の九第二項（形式不備等による訂正発行登録書の提出命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-9/par-2 · https://japanlaw.org/l/323AC0000000025/art-23-9/par-2
- 金融商品取引法 第二十三条の十一第一項（虚偽記載による発行登録の効力の停止等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-11/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-11/par-1
- 金融商品取引法 第二十七条第一項（会社以外の発行者に関する準用規定） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27/par-1 · https://japanlaw.org/l/323AC0000000025/art-27/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
- claude-sonnet-5-5 — Machine translation, batch financial-instruments-and-exchange-act-20261023T033157-003, translated 2026-10-23
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22
