# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十七条の三十一 (Article 27-31) - 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: 第二十七条の三十一 (Article 27-31)（特定証券情報の提供又は公表） — address `art-27-31` - 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-27-31 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-27-31 - 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. --- ### 第二十七条の三十一（特定証券情報の提供又は公表） — (Provision or Disclosure of Specified Information on Securities) caption: Ministry of Justice translation — Japanese Law Translation Database System art-27-31 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31 · https://japanlaw.org/l/323AC0000000025/art-27-31 **第一項** 特定投資家向け取得勧誘その他第四条第一項本文の規定の適用を受けない有価証券発行勧誘等のうち政令で定めるもの（以下この条及び第六章の二において「特定取得勧誘」という。）又は特定投資家向け売付け勧誘等（当該特定投資家向け売付け勧誘等に係る有価証券が特定投資家向け有価証券に該当する場合であつて、少数の者を相手方として行う場合として政令で定める場合に該当するものを除く。）その他第四条第一項本文、第二項本文若しくは第三項本文の規定の適用を受けない有価証券交付勧誘等のうち政令で定めるもの（以下この条及び第六章の二において「特定売付け勧誘等」という。）は、当該特定取得勧誘又は特定売付け勧誘等（以下「特定勧誘等」という。）に係る有価証券の発行者が、当該有価証券及び当該発行者に関して投資者に明らかにされるべき基本的な情報として内閣府令で定める情報（以下「特定証券情報」という。）を、次項に定めるところにより、当該特定勧誘等が行われる時までに、その相手方に提供し、又は公表しているものでなければ、することができない。 art-27-31/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-1 An issuer may not issue a solicitation for acquisition only for professional investors or any other category of solicitation with a view to issuing new securities specified by Cabinet Order which is not subject to the application of the main clause of Article 4, paragraph (1) (hereinafter referred to as "exclusive solicitation for acquisition" in this Article and Chapter VI-2) or a solicitation for selling, etc. only for professional investors (unless the securities subject to the relevant solicitation for selling, etc. only for professional investors fall under the category of securities for professional investors, and the solicitation for selling, etc. only for professional investors falls under the category of a case specified by Cabinet Order as one in which a small number of persons are the other parties) or any other category of solicitation with a view to delivering existing securities specified by Cabinet Order that is not subject to the application of the main clause of Article 4, paragraph (1), the main clause of Article 4, paragraph (2), or the main clause of Article 4, paragraph (3) (hereinafter referred to as a "specified solicitation for selling, etc. " in this Article and Chapter VI-2) unless the issuer of the securities that are subject to the exclusive solicitation for acquisition or the specified solicitation for selling, etc. (hereinafter collectively referred to as "specified solicitation, etc.") has provided to the solicited person, or has disclosed, information specified by Cabinet Office Order as the basic information about the securities and the issuer that must be disclosed to investors (hereinafter referred to as "specified information on securities"), prior to the specified solicitation, etc. and pursuant to the provisions of the following paragraph. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 特定証券情報の提供又は公表をしようとする発行者は、当該特定証券情報を、内閣府令で定めるところにより、自ら若しくは他の者に委託して提供し、又はインターネットの利用その他の方法により公表しなければならない。 art-27-31/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-2 An issuer seeking to provide or disclose specified information on securities must provide the specified information on securities itself or entrust another party to do so, or must disclose such information using the internet or through other means, pursuant to the provisions of Cabinet Office Order. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 次条第一項の規定により既に内閣府令で定める期間継続して発行者情報（同項に規定する発行者情報をいう。以下この項において同じ。）を公表している発行者は、前項の規定により特定証券情報を提供し、又は公表しようとする場合において、当該特定証券情報に、内閣府令で定めるところにより、その者に係る直近の発行者情報及び同条第三項に規定する訂正発行者情報（以下「参照情報」という。）を参照すべき旨を表示したときは、特定証券情報のうち発行者に関する情報として内閣府令で定める情報の提供又は公表をしたものとみなす。 art-27-31/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-3 When an issuer that has been disclosing information on the issuer (meaning information on the issuer as prescribed in paragraph (1) of the following Article; hereinafter the same applies in this paragraph) continuously for the period specified by Cabinet Office Order pursuant to the provisions of paragraph (1) of the following Article seeks to provide or disclose specified information on securities pursuant to the provisions of the preceding paragraph, and the issuer has indicated in the specified information on securities, pursuant to the provisions of Cabinet Office Order, that reference should be made to the latest information on the issuer and to the amended information on the issuer set forth in paragraph (3) of that Article with respect that issuer (hereinafter referred to as "reference information"), the issuer is deemed to have provided or disclosed the information specified by Cabinet Office Order as information about the issuer that is part of the specified information on securities. Ministry of Justice translation — Japanese Law Translation Database System **第四項** 第二項の規定により特定証券情報の提供又は公表をした発行者は、当該提供又は公表をした日から一年を経過する日までの間（公益又は投資者保護に欠けることがないものと認められる場合として内閣府令で定める場合には、内閣府令で定める期間）において、当該特定証券情報に訂正すべき事項があるときは、内閣府令で定めるところにより、これを訂正する旨の情報（以下「訂正特定証券情報」という。）の提供又は公表をしなければならない。 art-27-31/par-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-4 If, between the day on which an issuer that provides or discloses specified information on securities pursuant to the provisions of paragraph (2), provides or discloses that information and the day on which one year has elapsed since that day (or, in the cases specified by Cabinet Office Order as those in which it is found not to damage the public interest or result in insufficient investor protection, within the period specified by Cabinet Office Order), there is a particular requiring amendment in the specified information on securities, the issuer must provide or disclose information indicating that it is amending that particular (hereinafter referred to as "amended specified information on securities"), pursuant to the provisions of Cabinet Office Order. Ministry of Justice translation — Japanese Law Translation Database System **第五項** 第二項の規定により特定証券情報の公表をした発行者は、当該特定証券情報の公表をした日から一年を経過する日までの間（公益又は投資者保護に欠けることがないものと認められる場合として内閣府令で定める場合には、内閣府令で定める期間）、当該特定証券情報（訂正特定証券情報を公表した場合には、当該訂正特定証券情報を含む。）を継続して公表しなければならない。 art-27-31/par-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-5 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-5 An issuer that has disclosed specified information on securities pursuant to the provisions of paragraph (2) must continue to disclose such specified information on securities (if any amended specified information on securities has been disclosed, such amended specified information on securities is included), until one year has elapsed since the date that it disclosed the specified information on securities (or, in the cases specified by Cabinet Office Order as those in which it is found not to damage the public interest or result in insufficient investor protection, for the period specified by Cabinet Office Order). Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-27-31/par-1: 第四条第一項 → 金融商品取引法 第四条第一項 (Article 4, paragraph (1)), art-4/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-1 - art-27-31/par-1: この条 → 金融商品取引法 第二十七条の三十一 (Article 27-31), art-27-31 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31 · https://japanlaw.org/l/323AC0000000025/art-27-31 - art-27-31/par-1: 第二項 → 金融商品取引法 第四条第二項 (Article 4, paragraph (2)), art-4/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-2 - art-27-31/par-1: 第三項 → 金融商品取引法 第四条第三項 (Article 4, paragraph (3)), art-4/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-3 - art-27-31/par-1: 次項 → 金融商品取引法 第二十七条の三十一第二項 (Article 27-31, paragraph (2)), art-27-31/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-2 - art-27-31/par-3: 次条第一項 → 金融商品取引法 第二十七条の三十二第一項 (Article 27-32, paragraph (1)), art-27-32/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-32/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1 - art-27-31/par-3: この項 → 金融商品取引法 第二十七条の三十一第三項 (Article 27-31, paragraph (3)), art-27-31/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-3 - art-27-31/par-3: 前項 → 金融商品取引法 第二十七条の三十一第二項 (Article 27-31, paragraph (2)), art-27-31/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-2 - art-27-31/par-3: 同条第三項 → 金融商品取引法 第二十七条の三十二第三項 (Article 27-32, paragraph (3)), art-27-32/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-32/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-3 - art-27-31/par-4: 第二項 → 金融商品取引法 第二十七条の三十一第二項 (Article 27-31, paragraph (2)), art-27-31/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-2 - art-27-31/par-5: 第二項 → 金融商品取引法 第二十七条の三十一第二項 (Article 27-31, paragraph (2)), art-27-31/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-2 ## Cited by 13 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第二十七条の三十一第一項（特定証券情報の提供又は公表） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-1 - 金融商品取引法 第二十七条の三十一第三項（特定証券情報の提供又は公表） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-3 - 金融商品取引法 第二十七条の三十一第四項（特定証券情報の提供又は公表） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-4 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-4 - 金融商品取引法 第二十七条の三十一第五項（特定証券情報の提供又は公表） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-31/par-5 · https://japanlaw.org/l/323AC0000000025/art-27-31/par-5 - 金融商品取引法 第二十七条の三十二第一項第二号（発行者情報の提供又は公表） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-32/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-27-32/par-1/item-2 - 金融商品取引法 第二十七条の三十三第一項（虚偽の特定証券等情報に係る賠償責任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-33/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-33/par-1 - 金融商品取引法 第二十七条の三十四第一項（虚偽の特定情報に係る賠償責任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-34/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-34/par-1 - 金融商品取引法 第百六十六条第五項（会社関係者の禁止行為） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-166/par-5 · https://japanlaw.org/l/323AC0000000025/art-166/par-5 - 金融商品取引法 第百七十二条の九第一項（特定証券情報の提供又は公表がされていないのに特定勧誘等をした者に対する課徴金納付命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-172-9/par-1 · https://japanlaw.org/l/323AC0000000025/art-172-9/par-1 - 金融商品取引法 第百九十七条第一項第四号の二 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-197/par-1/item-4-2 · https://japanlaw.org/l/323AC0000000025/art-197/par-1/item-4-2 - 金融商品取引法 第二百条第一項第十二号の二 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-200/par-1/item-12-2 · https://japanlaw.org/l/323AC0000000025/art-200/par-1/item-12-2 - 金融商品取引法 附則第二条第一項（金融商品取引法の一部改正に伴う経過措置） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-2/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-2/par-1 - 金融商品取引法 附則第二条第一項（金融商品取引法の一部改正に伴う経過措置） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4211-58/art-2/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4211-58/art-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