# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十七条の二十三 (Article 27-23)

- 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: 第二十七条の二十三 (Article 27-23)（大量保有報告書の提出） — address `art-27-23`
- 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-27-23
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-27-23
- 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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### 第二十七条の二十三（大量保有報告書の提出） — (Submission of Statements of Large-Volume Holdings)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-27-23 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23 · https://japanlaw.org/l/323AC0000000025/art-27-23</sup>

**第一項**  株券、新株予約権付社債券その他の政令で定める有価証券（以下この項において「株券関連有価証券」という。）で金融商品取引所に上場されているもの（流通状況がこれに準ずるものとして政令で定める株券関連有価証券を含む。）の発行者である法人が発行者（内閣府令で定める有価証券については、内閣府令で定める者。第二十七条の三十第二項を除き、以下この章及び第二十七条の三十の十一第五項において同じ。）である対象有価証券（当該対象有価証券に係るオプション（当該オプションの行使により当該行使をした者が当該オプションに係る対象有価証券の売買において買主としての地位を取得するものに限る。）を表示する第二条第一項第十九号に掲げる有価証券その他の当該対象有価証券に係る権利を表示するものとして政令で定めるものを含む。以下この章及び第二十七条の三十の十一第五項において「株券等」という。）の保有者で当該株券等に係るその株券等保有割合が百分の五を超えるもの（以下この章において「大量保有者」という。）は、内閣府令で定めるところにより、株券等保有割合に関する事項、取得資金に関する事項、保有の目的その他の内閣府令で定める事項を記載した報告書（以下「大量保有報告書」という。）を大量保有者となつた日から五日（日曜日その他政令で定める休日の日数は、算入しない。第二十七条の二十五第一項及び第二十七条の二十六において同じ。）以内に、内閣総理大臣に提出しなければならない。ただし、第四項に規定する保有株券等の総数に増加がない場合その他の内閣府令で定める場合については、この限りでない。
<sup>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</sup>
A holder of subject securities (including what is specified by Cabinet Order as indicating a right connected to securities set forth in Article 2, paragraph (1), item (xix) and other securities specified by Cabinet Order that indicate an option on subject securities (limited to an option that causes the person that exercises it to acquire the position of the buyer in a purchase and sale of the subject securities linked to the option) (hereinafter collectively referred to as "share certificates, etc." in this Chapter and Article 27-30-11, paragraph (5))) issued by a corporation (or, with regard to the securities specified by Cabinet Office Order, a person specified by Cabinet Office Order; hereinafter the same applies in this Chapter and Article 27-30-11, paragraph (5), except for Article 27-30, paragraph (2)) that is the issuer of share certificates, corporate bond certificates with share options, and other securities specified by Cabinet Order (hereinafter referred to as the "share-related securities" in this paragraph) that are listed on a financial instruments exchange (including the share-related securities specified by Cabinet Order as having equivalent distribution statuses to those securities), and whose ownership ratio of share certificates, etc. with respect to the relevant share certificates, etc. exceeds five percent (such a holder is hereinafter referred to as a "large-volume holder" in this Chapter) must submit a statement in which it states the particulars of its ownership ratio of share certificates, etc., the particulars of the funds for the acquisition, the purpose of the holdings, and any other particulars specified by Cabinet Office Order (such a statement is hereinafter referred to as a "statement of large-volume holdings") to the Prime Minister, pursuant to the provisions of Cabinet Office Order, within five days from the date on which it becomes a large-volume holder (Sundays and other holidays specified by Cabinet Order are not included for the purpose of counting days; the same applies in Article 27-25, paragraph (1) and Article 27-26); provided, however, that this does not apply if the total number of share certificates, etc. held which are provided for in paragraph (4) does not increase, nor does it apply in any other case specified by Cabinet Office Order.
<sup>Ministry of Justice translation with a slip corrected by this site — not the Ministry's text; the Ministry printed: "A holder of subject securities (including what is specified by Cabinet Order as indicating a right connected to securities set forth in Article 2, paragraph (1), item (xix) and other securities specified by Cabinet Order that indicate an option on subject securities (limited to an option that causes the person that exercises it to acquire the position of the buyer in a purchase and sale of the subject securities linked to the option (hereinafter collectively referred to as "share certificates, etc." in this Chapter and Article 27-30-11, paragraph (5))) issued by a corporation (or, with regard to the securities specified by Cabinet Office Order, a person specified by Cabinet Office Order; hereinafter the same applies in this Chapter and Article 27-30-11, paragraph (5), except for Article 27-30, paragraph (2)) that is the issuer of share certificates, corporate bond certificates with share options, and other securities specified by Cabinet Order (hereinafter referred to as the "share-related securities" in this paragraph) that are listed on a financial instruments exchange (including the share-related securities specified by Cabinet Order as having equivalent distribution statuses to those securities), and whose ownership ratio of share certificates, etc. with respect to the relevant share certificates, etc. exceeds five percent (such a holder is hereinafter referred to as a "large-volume holder" in this Chapter) must submit a statement in which it states the particulars of its ownership ratio of share certificates, etc., the particulars of the funds for the acquisition, the purpose of the holdings, and any other particulars specified by Cabinet Office Order (such a statement is hereinafter referred to as a "statement of large-volume holdings") to the Prime Minister, pursuant to the provisions of Cabinet Office Order, within five days from the date on which it becomes a large-volume holder (Sundays and other holidays specified by Cabinet Order are not included for the purpose of counting days; the same applies in Article 27-25, paragraph (1) and Article 27-26); provided, however, that this does not apply if the total number of share certificates, etc. held which are provided for in paragraph (4) does not increase, nor does it apply in any other case specified by Cabinet Office Order." — https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb</sup>

**第二項**  前項の「対象有価証券」とは、株券、新株予約権付社債券その他の有価証券のうち政令で定めるものをいう。
<sup>art-27-23/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-2</sup>
The term "subject securities" as used in the preceding paragraph means the share certificates, corporate bond certificates with share options, and other securities specified by Cabinet Order.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第三項**  第一項の保有者には、自己又は他人（仮設人を含む。）の名義をもつて株券等を所有する者（売買その他の契約に基づき株券等の引渡請求権を有する者その他これに準ずる者として政令で定める者を含む。）のほか、次に掲げる者を含むものとする。ただし、第一号に掲げる者については、同号に規定する権限を有することを知つた日において、当該権限を有することを知つた株券等（株券等に係る権利を表示する第二条第一項第二十号に掲げる有価証券その他の内閣府令で定める有価証券を含む。以下この項及び次条において同じ。）に限り、保有者となるものとみなし、第三号に掲げる者については、同号に規定するデリバティブ取引の原資産である株券等の数を算出する計算方法として内閣府令で定める計算方法により算出された数の株券等について保有者となるものとみなす。
<sup>art-27-23/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3</sup>
The holder referred to in paragraph (1) includes the following persons, in addition to persons that own share certificates, etc. in their own names or in the name of another person (or under a fictitious name) (including a person that holds the right to request the delivery of share certificates, etc. under a purchase and sale contract or any other contract, or any other person specified by Cabinet Order as being equivalent); provided, however, that the person set forth in item (i) is deemed to become a holder on the day on which that person comes to know that the person has the authority prescribed in that item, only within the scope of the share certificates, etc. (including the securities set forth in Article 2, paragraph (1), item (xx) indicating the rights to share certificates, etc., and other securities specified by Cabinet Office Order; hereinafter the same applies in this paragraph and the following Article) regarding which the person comes to know the person has that authority, and the person set forth in item (iii) is deemed to become a holder with regard to the number of share certificates, etc. calculated by the calculation method specified by Cabinet Office Order as a method for calculating the number of share certificates, etc. that are the underlying assets of the derivatives transaction prescribed in that item:
<sup>machine translation, not official</sup>

  **一**  金銭の信託契約その他の契約又は法律の規定に基づき、株券等の発行者の株主としての議決権その他の権利を行使することができる権限又は当該議決権その他の権利の行使について指図を行うことができる権限を有する者（次号に該当する者を除く。）であつて、当該発行者の事業活動を支配する目的を有する者
  <sup>art-27-23/par-3/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-1</sup>
  a person that has the authority to exercise voting rights or any other rights as a shareholder in the issuer of the share certificates, etc., or to give instructions as to the exercise of those voting rights or any other rights, based on a money trust contract or any other contract or the provisions of the law (except for a person that falls under the following item), and that has the aim of controlling the business activities of that Issuer; or
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **二**  投資一任契約その他の契約又は法律の規定に基づき、株券等に投資をするのに必要な権限を有する者
  <sup>art-27-23/par-3/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-2</sup>
  a person that has the necessary authority to invest in share certificates, etc., based on a discretionary investment contract or any other contract or the provisions of the law; or
  <sup>machine translation, not official</sup>

  **三**  株券等に係るデリバティブ取引に係る権利を有する者（前二号に該当する者を除く。）であつて、当該デリバティブ取引の相手方から当該株券等を取得する目的その他の政令で定める目的を有する者
  <sup>art-27-23/par-3/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-3</sup>
  a person that has a right relating to a derivatives transaction relating to share certificates, etc. (excluding a person that falls under the preceding two items) and that has the purpose of acquiring those share certificates, etc. from the person that is the other party to the derivatives transaction or any other purpose specified by Cabinet Order.
  <sup>machine translation, not official</sup>

**第四項**  第一項の「株券等保有割合」とは、株券等の保有者（同項に規定する保有者をいう。以下この章において同じ。）の保有（前項第一号若しくは第二号に規定する権限又は同項第三号に規定する権利を有する場合を含む。以下この章において同じ。）に係る当該株券等（自己株式（会社法第百十三条第四項に規定する自己株式をいう。）その他当該株券等の保有の態様その他の事情を勘案して内閣府令で定めるものを除く。以下この項において同じ。）の数（株券については内閣府令で定めるところにより計算した株式の数を、その他のものについては内閣府令で定める数をいう。以下この章において同じ。）の合計から当該株券等の発行者が発行する株券等のうち、第百六十一条の二第一項に規定する信用取引その他内閣府令で定める取引の方法により譲渡したことにより、引渡義務（共同保有者に対して負うものを除く。）を有するものの数を控除した数（以下この項及び第六項において「保有株券等の数」という。）に当該発行者が発行する株券等に係る共同保有者の保有株券等の数（保有者及び共同保有者の間で引渡請求権その他の政令で定める権利が存在する株券等の数を除く。）を加算した数（第二十七条の二十五第一項において「保有株券等の総数」という。）を、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に当該保有者及び共同保有者の保有する当該株券等（株券その他の内閣府令で定める有価証券を除く。）の数を加算した数で除して得た割合をいう。
<sup>art-27-23/par-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-4</sup>
The term "holding ratio of share certificates, etc." as used in paragraph (1) means the ratio arrived at when the number of share certificates, etc. issued by the issuer of the relevant share certificates, etc., which the holder (meaning a holder as set forth in paragraph (1); hereinafter the same applies in this Chapter) is obligated to transfer (excluding those that the holder is obligated to transfer to a joint holder) due to having transferred them through a margin transaction provided for in Article 161-2, paragraph (1) or any other transaction method specified by Cabinet Office Order, is deducted from the total number of share certificates, etc. (excluding treasury shares (meaning treasury shares as defined in Article 113, paragraph (4) of the Companies Act) and the share certificates, etc. that are specified by Cabinet Office Order in consideration of the manner in which they are held or any other circumstance; hereinafter the same applies in this paragraph) held by the holder of the relevant share certificates, etc. (meaning the number of shares calculated pursuant to the provisions of Cabinet Office Order, if they are share certificates, or the number specified by Cabinet Office Order, if they are other securities; hereinafter the same applies in this Chapter) (this includes if the holder has the authority set forth in item (i) or (ii) of the preceding paragraph or the right set forth in item (iii) of that paragraph with regard to those share certificates, etc.; hereinafter the same applies in this Chapter) (the number of share certificates, etc. after this deduction is hereinafter referred to as the "number of share certificates, etc. held" in this paragraph and paragraph (6)); the number of share certificates, etc. held by joint holders of the share certificates, etc. issued by that issuer (excluding the number of share certificates, etc. for which a right to request delivery or any other right specified by Cabinet Order exists between the holder and a joint holder) is added (the number of share certificates, etc. after this addition is hereinafter referred to as the "total number of share certificates, etc. held" in Article 27-25, paragraph (1)); and this is divided by the sum of either the total number of the issuer's issued shares or the number specified by Cabinet Office Order as being equivalent to this, and the number of share certificates, etc. that are held by the holder and the joint holders (excluding share certificates and other securities that are specified by Cabinet Office Order).
<sup>machine translation, not official</sup>

**第五項**  前項の「共同保有者」とは、株券等の保有者が、当該株券等の発行者が発行する株券等の他の保有者と共同して当該株券等を取得し、若しくは譲渡し、又は当該発行者の株主としての議決権その他の権利を行使することを合意している場合（次に掲げる要件の全てに該当する場合を除く。）における当該他の保有者をいう。
<sup>art-27-23/par-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-5 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-5</sup>
The term "joint holder" as used in the preceding paragraph means the other holder of the relevant share certificates, etc., in a case in which the holder of share certificates, etc. has agreed to jointly acquire or transfer that share certificates, etc., or to jointly exercise voting rights and other rights as the issuer's shareholder, together with another holder of share certificates, etc. issued by the issuer of the relevant share certificates, etc. (excluding a case that falls under all of the following requirements):
<sup>machine translation, not official</sup>

  **一**  当該保有者及び他の保有者が金融商品取引業者（第二十八条第一項に規定する第一種金融商品取引業を行う者又は同条第四項に規定する投資運用業を行う者に限る。）、銀行その他の内閣府令で定める者であること。
  <sup>art-27-23/par-5/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-5/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-5/item-1</sup>
  that the holder and the other holder are a financial instruments business operator (limited to a person that engages in the type-I financial instruments business prescribed in Article 28, paragraph (1) or a person that engages in the investment management business prescribed in paragraph (4) of that Article), a bank, or any other person specified by Cabinet Office Order;
  <sup>machine translation, not official</sup>

  **二**  共同して第二十七条の二十六第一項に規定する重要提案行為等を行うことを合意の目的としないこと。
  <sup>art-27-23/par-5/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-5/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-5/item-2</sup>
  that the purpose of the agreement is not to jointly make a material proposal prescribed in Article 27-26, paragraph (1); and
  <sup>machine translation, not official</sup>

  **三**  共同して当該発行者の株主としての議決権その他の権利を行使することの合意（個別の権利の行使ごとの合意として政令で定めるものに限る。）であること。
  <sup>art-27-23/par-5/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-5/item-3 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-5/item-3</sup>
  that it is an agreement to jointly exercise voting rights and other rights as a shareholder of the issuer (limited to an agreement specified by Cabinet Order as one made for each individual exercise of a right).
  <sup>machine translation, not official</sup>

**第六項**  株券等の保有者と当該株券等の発行者が発行する株券等の他の保有者が、株式の所有関係その他の政令で定める特別の関係にある場合においては、当該他の保有者を当該保有者に係る第四項の共同保有者とみなす。ただし、当該保有者又は他の保有者のいずれかの保有株券等の数が内閣府令で定める数以下である場合においては、この限りでない。
<sup>art-27-23/par-6 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-6 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-6</sup>
If a first holder of share certificates, etc. and another holder of share certificates, etc. that are issued by the issuer of the relevant share certificates, etc. are related to each other through a shareholding relationship or other special relationship specified by Cabinet Order, the other holder is deemed to be a joint holder referred to in paragraph (4) in relation to that holder; provided, however, that this does not apply if the number of share certificates, etc. held by either the first holder or the other holder is the number specified by Cabinet Office Order or less.
<sup>machine translation, not official</sup>

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## Cites
- art-27-23/par-1: この項 → 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-27-23/par-1: 第二十七条の三十第二項 → 金融商品取引法 第二十七条の三十第二項 (Article 27-30, paragraph (2)), art-27-30/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-30/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-30/par-2
- art-27-23/par-1: 第二十七条の三十の十一第五項 → 金融商品取引法 第二十七条の三十の十一第五項 (Article 27-30-11, paragraph (5)), art-27-30-11/par-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-30-11/par-5 · https://japanlaw.org/l/323AC0000000025/art-27-30-11/par-5
- art-27-23/par-1: 第二条第一項第十九号 → 金融商品取引法 第二条第一項第十九号 (Article 2, paragraph (1), item (xix)), art-2/par-1/item-19 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-1/item-19 · https://japanlaw.org/l/323AC0000000025/art-2/par-1/item-19
- art-27-23/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-27-23/par-1: 第二十七条の二十六 → 金融商品取引法 第二十七条の二十六 (Article 27-26), art-27-26 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-26 · https://japanlaw.org/l/323AC0000000025/art-27-26
- art-27-23/par-1: 第四項 → 金融商品取引法 第二十七条の二十三第四項 (Article 27-23, paragraph (4)), art-27-23/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-4
- art-27-23/par-2: 前項 → 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-27-23/par-3: 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-27-23/par-3: 第一号 → 金融商品取引法 第二十七条の二十三第三項第一号 (Article 27-23, paragraph (3), item (i)), art-27-23/par-3/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-1
- art-27-23/par-3: 第二条第一項第二十号 → 金融商品取引法 第二条第一項第二十号 (Article 2, paragraph (1), item (xx)), art-2/par-1/item-20 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-1/item-20 · https://japanlaw.org/l/323AC0000000025/art-2/par-1/item-20
- art-27-23/par-3: この項 → 金融商品取引法 第二十七条の二十三第三項 (Article 27-23, paragraph (3)), art-27-23/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3
- art-27-23/par-3: 次条 → 金融商品取引法 第二十七条の二十四 (Article 27-24), art-27-24 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-24 · https://japanlaw.org/l/323AC0000000025/art-27-24
- art-27-23/par-3: 第三号 → 金融商品取引法 第二十七条の二十三第三項第三号 (Article 27-23, paragraph (3), item (iii)), art-27-23/par-3/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-3
- art-27-23/par-3/item-1: 次号 → 金融商品取引法 第二十七条の二十三第三項第二号 (Article 27-23, paragraph (3), item (ii)), art-27-23/par-3/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-2
- art-27-23/par-3/item-3: 前二号 → 金融商品取引法 第二十七条の二十三第三項第一号 (Article 27-23, paragraph (3), item (i)), art-27-23/par-3/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-1
- art-27-23/par-3/item-3: 前二号 → 金融商品取引法 第二十七条の二十三第三項第二号 (Article 27-23, paragraph (3), item (ii)), art-27-23/par-3/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-2
- art-27-23/par-4: 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-27-23/par-4: 前項第一号 → 金融商品取引法 第二十七条の二十三第三項第一号 (Article 27-23, paragraph (3), item (i)), art-27-23/par-3/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-1
- art-27-23/par-4: 第二号 → 金融商品取引法 第二十七条の二十三第三項第二号 (Article 27-23, paragraph (3), item (ii)), art-27-23/par-3/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-2
- art-27-23/par-4: 同項第三号 → 金融商品取引法 第二十七条の二十三第三項第三号 (Article 27-23, paragraph (3), item (iii)), art-27-23/par-3/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-3
- art-27-23/par-4: 会社法第百十三条第四項 → 会社法 第百十三条第四項 (Article 113, paragraph (4)), art-113/par-4 — https://japanlaw.org/ja/companies-act/art-113/par-4 · https://japanlaw.org/l/417AC0000000086/art-113/par-4
- art-27-23/par-4: この項 → 金融商品取引法 第二十七条の二十三第四項 (Article 27-23, paragraph (4)), art-27-23/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-4
- art-27-23/par-4: 第百六十一条の二第一項 → 金融商品取引法 第百六十一条の二第一項 (Article 161-2, paragraph (1)), art-161-2/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-161-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-161-2/par-1
- art-27-23/par-4: 第六項 → 金融商品取引法 第二十七条の二十三第六項 (Article 27-23, paragraph (6)), art-27-23/par-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-6 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-6
- art-27-23/par-4: 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-27-23/par-5: 前項 → 金融商品取引法 第二十七条の二十三第四項 (Article 27-23, paragraph (4)), art-27-23/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-4
- art-27-23/par-5/item-1: 第二十八条第一項 → 金融商品取引法 第二十八条第一項 (Article 28, paragraph (1)), art-28/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-28/par-1 · https://japanlaw.org/l/323AC0000000025/art-28/par-1
- art-27-23/par-5/item-1: 同条第四項 → 金融商品取引法 第二十八条第四項 (Article 28, paragraph (4)), art-28/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-28/par-4 · https://japanlaw.org/l/323AC0000000025/art-28/par-4
- art-27-23/par-5/item-2: 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-27-23/par-6: 第四項 → 金融商品取引法 第二十七条の二十三第四項 (Article 27-23, paragraph (4)), art-27-23/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-4

## Cited by

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

- 金融商品取引法 第二十七条の二十三第一項（大量保有報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-1
- 金融商品取引法 第二十七条の二十三第二項（大量保有報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-2
- 金融商品取引法 第二十七条の二十三第三項（大量保有報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3
- 金融商品取引法 第二十七条の二十三第三項第一号（大量保有報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-1
- 金融商品取引法 第二十七条の二十三第三項第三号（大量保有報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-3/item-3
- 金融商品取引法 第二十七条の二十三第四項（大量保有報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-4
- 金融商品取引法 第二十七条の二十三第五項（大量保有報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-5 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-5
- 金融商品取引法 第二十七条の二十三第六項（大量保有報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-23/par-6 · https://japanlaw.org/l/323AC0000000025/art-27-23/par-6
- 金融商品取引法 第二十七条の二十四第一項（株券保有状況通知書の作成及び交付） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-24/par-1
- 金融商品取引法 第二十七条の二十五第一項（大量保有報告書に係る変更報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-25/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-25/par-1
- 金融商品取引法 第二十七条の二十六第一項（特例対象株券等の大量保有者による報告の特例） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-26/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-26/par-1
- 金融商品取引法 第二十七条の三十第一項（大量保有報告書の提出者等に対する報告の徴取及び検査） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-30/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-30/par-1
- 金融商品取引法 第二十七条の三十の二第一項（開示用電子情報処理組織の定義） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-30-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-30-2/par-1
- 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 第百九十七条の二第一項第五号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-197-2/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-197-2/par-1/item-5
- 金融商品取引法 第百九十七条の二第一項第六号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-197-2/par-1/item-6 · https://japanlaw.org/l/323AC0000000025/art-197-2/par-1/item-6
- 金融商品取引法 附則第三条第一項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4261-44/art-3/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4261-44/art-3/par-1
- 金融商品取引法 附則第三条第三項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4261-44/art-3/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4261-44/art-3/par-3
- 金融商品取引法 附則第三条第四項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4261-44/art-3/par-4 · https://japanlaw.org/l/323AC0000000025/suppl-4261-44/art-3/par-4
- 金融商品取引法 附則第三条第五項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4261-44/art-3/par-5 · https://japanlaw.org/l/323AC0000000025/suppl-4261-44/art-3/par-5
- 金融商品取引法 附則第三条第六項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4261-44/art-3/par-6 · https://japanlaw.org/l/323AC0000000025/suppl-4261-44/art-3/par-6
- 金融商品取引法 附則第五条第一項（大量保有報告書に関する経過措置） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-5061-32/art-5/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-5061-32/art-5/par-1
- 金融商品取引法 附則第六条第一項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-5061-32/art-6/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-5061-32/art-6/par-1
- 金融商品取引法 附則第六条第一項第一号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-5061-32/art-6/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/suppl-5061-32/art-6/par-1/item-1

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## Sources

- claude-opus-5-5 — Corrections to the Ministry of Justice's English of paragraphs, written 2026-10-23
- 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 (金融商品取引法), Article 27-23, paragraph (1) — the Ministry of Justice's English as printed (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), 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-20261023T035921-003, 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