# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十七条の三十八 (Article 27-38)

- 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: 第二十七条の三十八 (Article 27-38)（公表の指示等） — address `art-27-38`
- 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-27-38
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-27-38
- 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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### 第二十七条の三十八（公表の指示等） — (Instruction to Disclose)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-27-38 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-38 · https://japanlaw.org/l/323AC0000000025/art-27-38</sup>

**第一項**  内閣総理大臣は、第二十七条の三十六第一項から第三項までの規定により公表されるべき重要情報が公表されていないと認めるときは、当該重要情報を公表すべきであると認められる者に対し、重要情報の公表その他の適切な措置をとるべき旨の指示をすることができる。
<sup>art-27-38/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-38/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-38/par-1</sup>
When the Prime Minister finds that material information that is required to be disclosed pursuant to Article 27-36, paragraphs (1) through (3) has not been disclosed, the Prime Minister may instruct a person that is found to be required to disclose the material information to disclose the material information or to take any other appropriate measure.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  内閣総理大臣は、前項の規定による指示を受けた者が、正当な理由がないのにその指示に係る措置をとらなかつたときは、その者に対し、その指示に係る措置をとるべきことを命ずることができる。
<sup>art-27-38/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-38/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-38/par-2</sup>
If a person that has received an instruction under the provisions of the preceding paragraph fails to take a measure that the instruction involves without just cause, the Prime Minister may order that person to take the measure that the instruction involves.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-27-38/par-1: 第二十七条の三十六第一項から第三項まで → 金融商品取引法 第二十七条の三十六第一項 (Article 27-36, paragraph (1)), art-27-36/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-36/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-36/par-1
- art-27-38/par-1: 第二十七条の三十六第一項から第三項まで → 金融商品取引法 第二十七条の三十六第二項 (Article 27-36, paragraph (2)), art-27-36/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-36/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-36/par-2
- art-27-38/par-1: 第二十七条の三十六第一項から第三項まで → 金融商品取引法 第二十七条の三十六第三項 (Article 27-36, paragraph (3)), art-27-36/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-36/par-3 · https://japanlaw.org/l/323AC0000000025/art-27-36/par-3
- art-27-38/par-2: 前項 → 金融商品取引法 第二十七条の三十八第一項 (Article 27-38, paragraph (1)), art-27-38/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-38/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-38/par-1

## Cited by

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

- 金融商品取引法 第二十七条の三十八第二項（公表の指示等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-38/par-2 · https://japanlaw.org/l/323AC0000000025/art-27-38/par-2
- 金融商品取引法 第二百五条第一項第六号の五 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-205/par-1/item-6-5 · https://japanlaw.org/l/323AC0000000025/art-205/par-1/item-6-5

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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
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22
