# 金融商品取引法 / Financial Instruments and Exchange Act — 第四条 (Article 4)

- 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: 第四条 (Article 4)（募集又は売出しの届出） — address `art-4`
- 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-4
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-4
- 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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### 第四条（募集又は売出しの届出） — (Notification of Public Offering or Secondary Distribution)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4 · https://japanlaw.org/l/323AC0000000025/art-4</sup>

**第一項**  有価証券の募集（特定組織再編成発行手続を含む。第十三条及び第十五条第二項から第六項までを除き、以下この章及び次章において同じ。）又は有価証券の売出し（次項に規定する適格機関投資家取得有価証券一般勧誘及び第三項に規定する特定投資家等取得有価証券一般勧誘に該当するものを除き、特定組織再編成交付手続を含む。以下この項において同じ。）は、発行者が当該有価証券の募集又は売出しに関し内閣総理大臣に届出をしているものでなければ、することができない。ただし、次の各号のいずれかに該当するものについては、この限りでない。
<sup>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</sup>
It is not permitted for a person to conduct a public offering of securities (including specified procedures related to the issuance of securities during a corporate reorganization; the same applies hereinafter in this Chapter and the following Chapter, except in Article 13 and Article 15, paragraphs (2) through (6)) or a secondary distribution of securities (excluding those falling under the category of general solicitation involving for securities acquired by a qualified institutional investor as defined in the following paragraph or of General solicitation involving securities acquired by a professional investor as defined in paragraph (3), but including specified procedures related to the delivery of securities during a corporate reorganization; hereinafter the same applies in this paragraph) unless the issuer has filed a notification of the public offering or secondary distribution of securities with the Prime Minister; provided, however, that this does not apply to a public offering or secondary distribution of securities that falls under any of the following items:
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **一**  有価証券の募集又は売出しの相手方が当該有価証券に係る次条第一項各号に掲げる事項に関する情報を既に取得し、又は容易に取得することができる場合として政令で定める場合における当該有価証券の募集又は売出し
  <sup>art-4/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-1</sup>
  a public offering or secondary distribution of securities in a case specified by Cabinet Order as one in which the other parties thereto have already obtained or can easily obtain information about the particulars set forth in the items of paragraph (1) of the following Article for the relevant securities;
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **二**  有価証券の募集又は売出しに係る組織再編成発行手続又は組織再編成交付手続のうち、次に掲げる場合のいずれかに該当するものがある場合における当該有価証券の募集又は売出し（前号に掲げるものを除く。）
  <sup>art-4/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-2</sup>
  a public offering or secondary distribution of securities for which the procedures related to the issuance of securities during a corporate reorganization or procedures related to the delivery of securities during a corporate reorganization fall under either of the following cases (excluding a public offering or secondary distribution as specified in the preceding item):
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **イ**  組織再編成対象会社が発行者である株券（新株予約権証券その他の政令で定める有価証券を含む。）に関して開示が行われている場合に該当しない場合
    <sup>art-4/par-1/item-2/sub-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-2/sub-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-2/sub-1</sup>
    cases not falling under a case in which disclosure has been made with regard to share certificates (including share option certificates and other securities specified by Cabinet Order) whose issuer is the reorganizing company; or
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **ロ**  組織再編成発行手続に係る新たに発行される有価証券又は組織再編成交付手続に係る既に発行された有価証券に関して開示が行われている場合
    <sup>art-4/par-1/item-2/sub-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-2/sub-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-2/sub-2</sup>
    a case in which disclosure has been made with regard to the securities that will be newly issued in connection with the procedures related to the issuance of securities during a corporate reorganization, or a case in which disclosure has been made with regard to previously issued securities subject to the procedures related to the delivery of securities during a corporate reorganization;
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **三**  その有価証券に関して開示が行われている場合における当該有価証券の売出し（前二号に掲げるものを除く。）
  <sup>art-4/par-1/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-3</sup>
  a secondary distribution of securities in a case in which disclosure has been made with regard to the securities (excluding a secondary distribution provided for in the preceding two items);
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **四**  外国で既に発行された有価証券又はこれに準ずるものとして政令で定める有価証券の売出し（金融商品取引業者等が行うものに限る。）のうち、国内における当該有価証券に係る売買価格に関する情報を容易に取得することができることその他の政令で定める要件を満たすもの（前三号に掲げるものを除く。）
  <sup>art-4/par-1/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-4</sup>
  a secondary distribution of securities that have already been issued in a foreign country or of securities specified by Cabinet Order as being equivalent thereto (limited to those conducted by a financial instruments business operator, etc.), which satisfies the requirement that information on the trading price of the securities in Japan can be easily obtained and any other requirements specified by Cabinet Order (excluding a secondary distribution provided for in the preceding three items); or
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **五**  発行価額又は売出価額の総額が一億円未満の有価証券の募集又は売出しで内閣府令で定めるもの（前各号に掲げるものを除く。）
  <sup>art-4/par-1/item-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-5</sup>
  a public offering or secondary distribution of securities with a total issue value or total distribution value of less than 100 million yen, which is specified by Cabinet Office Order (excluding those specified in the preceding items).
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  その有価証券発行勧誘等（取得勧誘及び組織再編成発行手続をいう。以下同じ。）又は有価証券交付勧誘等（売付け勧誘等及び組織再編成交付手続をいう。以下同じ。）が次に掲げる場合に該当するものであつた有価証券（第二号に掲げる場合にあつては第二条第三項第一号の規定により多数の者から除かれた適格機関投資家が取得した有価証券に限り、第四号に掲げる場合にあつては同条第四項第一号の規定により多数の者から除かれた適格機関投資家が取得した有価証券に限る。）の有価証券交付勧誘等で、適格機関投資家が適格機関投資家以外の者に対して行うもの（以下「適格機関投資家取得有価証券一般勧誘」という。）は、発行者が当該適格機関投資家取得有価証券一般勧誘に関し内閣総理大臣に届出をしているものでなければ、することができない。ただし、当該有価証券に関して開示が行われている場合及び内閣府令で定めるやむを得ない理由により行われることその他の内閣府令で定める要件を満たす場合は、この限りでない。
<sup>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</sup>
It is not permitted for a person to issue a solicitation with a view to delivering existing securities (meaning a solicitation for selling, etc. or procedures related to the delivery of securities during a corporate reorganization; the same applies hereinafter) that involves securities that have been involved in a solicitation with a view to issuing new securities (meaning the solicitation for acquisition or the procedures related to the issuance of securities during a corporate reorganization; the same applies hereinafter) or a solicitation with a view to delivering existing securities falling under any of the following cases (in the case set forth in item (ii), limited to the securities acquired by qualified institutional investors that have been excluded from the large number of persons pursuant to Article 2, paragraph (3), item (i), and in the case set forth in item (iv), limited to the securities acquired by qualified institutional investors that have been excluded from the large number of persons pursuant to paragraph (4), item (i) of that Article), and that involves a qualified institutional investor soliciting persons other than qualified institutional investors (such a solicitation is hereinafter referred to as a "general solicitation involving securities acquired by a qualified institutional investor"), unless the issuer of the securities has filed a notification of the relevant general solicitation involving securities acquired by a qualified institutional investor with the Prime Minister; provided, however, that this does not apply to a case in which disclosure has been made with regard to the securities, or to a case in which the general solicitation involving securities acquired by the qualified institutional investor will be issued for a compelling reason specified by Cabinet Office Order, or satisfies other requirements 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: "It is not permitted for a person to issue a solicitation with a view to delivering existing securities (meaning a solicitation for selling, etc. or procedures related to the delivery of securities during a corporate reorganization; the same applies hereinafter) that involves securities that have been involved in a solicitation with a view to issuing new securities (meaning the solicitation for acquisition or the procedures related to the issuance of securities during a corporate reorganization; the same applies hereinafter) or a solicitation with a view to delivering existing securities falling under any of the following cases (in the case set forth in item (ii), limited to the securities acquired by qualified institutional investors that have been excluded from the large number of persons pursuant to Article 2, paragraph (3), item (i), and in the case set forth in item (iv), limited to the securities acquired by qualified institutional investors that have been excluded from the large number of persons pursuant to paragraph (4), item (i) of that Article), and that involves a qualified institutional investor soliciting persons other than qualified institutional investors (such a solicitation is hereinafter referred to as a "general solicitation involving securities acquired by a qualified institutional investor"), unless the issuer of the securities has filed a notification of the relevant general solicitation involving securities acquired by the a qualified institutional investor with the Prime Minister; provided, however, that this does not apply to a case in which disclosure has been made with regard to the securities, or to a case in which the general solicitation involving securities acquired by the qualified institutional investor will be issued for a compelling reason specified by Cabinet Office Order, or satisfies other requirements specified by Cabinet Office Order:" — https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb</sup>

  **一**  第二条第三項第二号イに掲げる場合
  <sup>art-4/par-2/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-2/item-1</sup>
  the case set forth in Article 2, paragraph (3), item (ii), (a);
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **二**  第二条第三項第二号ハに掲げる場合（同項第一号の規定により多数の者から適格機関投資家を除くことにより同号に掲げる場合に該当しないこととなる場合に限る。）
  <sup>art-4/par-2/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-2/item-2</sup>
  the case set forth in Article 2, paragraph (3), item (ii), (c) (but only if it comes to no longer fall under the case set forth in item (i) of that paragraph due to the qualified institutional investors' being excluded from the large number of persons pursuant to that item);
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **三**  第二条第四項第二号イに掲げる場合
  <sup>art-4/par-2/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-2/item-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-2/item-3</sup>
  the case set forth in Article 2, paragraph (4), item (ii), (a);
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **四**  第二条第四項第二号ハに掲げる場合（同項第一号の規定により多数の者から適格機関投資家を除くことにより同号に掲げる場合に該当しないこととなる場合に限る。）
  <sup>art-4/par-2/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-2/item-4 · https://japanlaw.org/l/323AC0000000025/art-4/par-2/item-4</sup>
  the case set forth in Article 2, paragraph (4), item (ii), (c) (but only if it comes to no longer fall under the case set forth in item (i) of that paragraph due to the qualified institutional investors' being excluded from the large number of persons pursuant to that item);
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **五**  第二条の三第四項第二号イに掲げる場合
  <sup>art-4/par-2/item-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-2/item-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-2/item-5</sup>
  the case set forth in Article 2-3, paragraph (4), item (ii), (a); and
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **六**  第二条の三第五項第二号イに掲げる場合
  <sup>art-4/par-2/item-6 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-2/item-6 · https://japanlaw.org/l/323AC0000000025/art-4/par-2/item-6</sup>
  the case set forth in Article 2-3, paragraph (5), item (ii), (a).
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第三項**  次の各号のいずれかに該当する有価証券（第二十四条第一項各号のいずれかに該当するもの又は多数の特定投資家に所有される見込みが少ないと認められるものとして政令で定めるものを除く。以下「特定投資家向け有価証券」という。）の有価証券交付勧誘等で、金融商品取引業者等に委託して特定投資家等に対して行うもの以外のもの（国、日本銀行及び適格機関投資家に対して行うものその他政令で定めるものを除く。以下「特定投資家等取得有価証券一般勧誘」という。）は、発行者が当該特定投資家等取得有価証券一般勧誘に関し内閣総理大臣に届出をしているものでなければ、することができない。ただし、当該特定投資家向け有価証券に関して開示が行われている場合及び当該特定投資家等取得有価証券一般勧誘に関して届出が行われなくても公益又は投資者保護に欠けることがないものとして内閣府令で定める場合は、この限りでない。
<sup>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</sup>
It is not permitted for a person to issue a solicitation with a view to delivering existing securities that involves securities falling under any of the following items (excluding securities falling under any of the items of Article 24, paragraph (1) or securities specified by Cabinet Order as those which it is found are unlikely to be held by a large number of professional investors; hereinafter referred to as the "securities for professional investors"), but that does not involve a financial instruments business operator, etc. being entrusted to solicit professional investors, etc. (with the exception of a solicitation issued to the State, the Bank of Japan, or qualified institutional investors, and also with the exception of solicitation specified by Cabinet Order; hereinafter referred to as a "general solicitation involving securities acquired by a professional investor"), unless the issuer of securities has filed a notification of the relevant general solicitation involving securities acquired by a professional investor with the Prime Minister; provided, however, that this does not apply in a case in which disclosure has been made with regard to the securities for professional investors and in any other case that is specified by Cabinet Office Order as one in which the non-filing of a notification for a general solicitation involving securities acquired by a professional investor does not damage the public interest or result in insufficient investor protection:
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **一**  その取得勧誘が第二条第三項第二号ロに掲げる場合に該当する取得勧誘（以下「特定投資家向け取得勧誘」という。）であつた有価証券
  <sup>art-4/par-3/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-3/item-1</sup>
  securities for which the solicitation for acquisition fell under the case specified in Article 2, paragraph (3), item (ii), (b) (hereinafter referred to as a "solicitation for acquisition only for professional investors");
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **二**  その売付け勧誘等が特定投資家向け売付け勧誘等であつた有価証券
  <sup>art-4/par-3/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-3/item-2</sup>
  securities for which the solicitation for selling, etc. was a solicitation for selling, etc. only for professional investors;
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **三**  前二号のいずれかに掲げる有価証券の発行者が発行する有価証券であつて、前二号のいずれかに掲げる有価証券と同一種類の有価証券として内閣府令で定めるもの
  <sup>art-4/par-3/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-3/item-3</sup>
  securities issued by an issuer of the securities provided for in either of the preceding two items, which are specified by Cabinet Office Order as being the same class of securities as those provided for in either of the preceding two items; or
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **四**  特定上場有価証券その他流通状況がこれに準ずるものとして政令で定める有価証券
  <sup>art-4/par-3/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-3/item-4 · https://japanlaw.org/l/323AC0000000025/art-4/par-3/item-4</sup>
  specified listed securities and other securities specified by Cabinet Order as having equivalent distribution statuses thereto.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第四項**  有価証券の募集又は売出し（適格機関投資家取得有価証券一般勧誘（有価証券の売出しに該当するものを除く。）、特定投資家等取得有価証券一般勧誘（有価証券の売出しに該当するものを除く。）及び特定組織再編成交付手続を含む。次項及び第六項、第十三条並びに第十五条第二項から第六項までを除き、以下この章及び次章において同じ。）が一定の日において株主名簿（優先出資法に規定する優先出資者名簿を含む。）に記載され、又は記録されている株主（優先出資法に規定する優先出資者を含む。）に対し行われる場合には、当該募集又は売出しに関する前三項の規定による届出は、その日の二十五日前までにしなければならない。ただし、有価証券の発行価格又は売出価格その他の事情を勘案して内閣府令で定める場合は、この限りでない。
<sup>art-4/par-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-4 · https://japanlaw.org/l/323AC0000000025/art-4/par-4</sup>
If a public offering or secondary distribution of securities (including a general solicitation involving securities acquired by a qualified institutional investor (excluding those falling under the category of a secondary distribution of securities), a general solicitation involving securities acquired by a professional investor (excluding those falling under the category of a secondary distribution of securities), and procedures related to the delivery of securities during a corporate reorganization; hereinafter the same applies in this Chapter and the following Chapter, except in the following paragraph and paragraph (6) of this Article, Article 13, and Article 15, paragraphs (2) through (6)) will be made for the shareholders (including preferred equity investors provided for in the Act on preferred equity investment) that have been stated or recorded in the shareholder register (including the preferred equity investor register provided for in the Act on Preferred Equity Investment) on a certain date, the notification for the public offering or secondary distribution under the preceding three paragraphs must be made 25 days prior to that date; provided, however, that this does not apply in the cases that are specified by Cabinet Office Order in consideration of the issue price or distribution price of the securities or other factors.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第五項**  第一項第五号に掲げる有価証券の募集若しくは売出し若しくは第二項ただし書の規定により同項本文の規定の適用を受けない適格機関投資家取得有価証券一般勧誘若しくは第三項ただし書の規定により同項本文の規定の適用を受けない特定投資家等取得有価証券一般勧誘のうち、有価証券の売出しに該当するもの若しくは有価証券の売出しに該当せず、かつ、開示が行われている場合に該当しないもの（以下この項及び次項において「特定募集」という。）をし、又は当該特定募集に係る有価証券を取得させ若しくは売り付ける場合に使用する資料には、当該特定募集が第一項本文、第二項本文又は第三項本文の規定の適用を受けないものである旨を表示しなければならない。
<sup>art-4/par-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-5</sup>
Materials that are used for a public offering or secondary Distribution of securities specified in paragraph (1), item (v), for a general solicitation for involving securities acquired by a qualified institutional investor which is excluded from the application of the main clause of paragraph (2) pursuant to the proviso to that paragraph, or for a general solicitation involving securities acquired by a professional investor which is excluded from the application of the main clause of paragraph (3) pursuant to the proviso to that paragraph, which falls under the category of a secondary distribution of securities, or which does not fall under the category of a secondary distribution of securities and does not fall under a case in which disclosure has been made (hereinafter referred to as a "specified public offering" in this paragraph and the following paragraph), and materials that are used in causing the securities in a specified public offering to be acquired or in selling such securities, must indicate that the main clause of paragraph (1), the main clause of paragraph (2) or the main clause of paragraph (3) does not apply to that specified public offering.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第六項**  特定募集又は第一項第三号に掲げる有価証券の売出し（以下この項において「特定募集等」という。）が行われる場合においては、当該特定募集等に係る有価証券の発行者は、当該特定募集等が開始される前に、内閣府令で定めるところにより、当該特定募集等に関する通知書を内閣総理大臣に提出しなければならない。ただし、開示が行われている場合における第四項に規定する有価証券の売出しでその売出価額の総額が一億円未満のもの、第一項第三号に掲げる有価証券の売出しで当該有価証券の発行者その他の内閣府令で定める者以外の者が行うもの及び同項第五号に掲げる有価証券の募集又は売出しでその発行価額又は売出価額の総額が内閣府令で定める金額以下のものについては、この限りでない。
<sup>art-4/par-6 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-6 · https://japanlaw.org/l/323AC0000000025/art-4/par-6</sup>
When a specified public offering or secondary distribution of securities set forth in paragraph (1), item (iii) (hereinafter collectively referred to as a "specified public offering, etc." in this paragraph) is conducted, the issuer of the securities in the specified public offering, etc. must submit a written notice of the specified public offering, etc. to the Prime Minister pursuant to the provisions of Cabinet Office Order, before the specified public offering, etc. begins; provided, however, that this does not apply to a secondary distribution of securities as set forth in paragraph (4) whose total distribution value is less than 100 million yen in a case in which disclosure has been made, nor to a secondary distribution of securities as set forth in paragraph (1), item (iii) conducted by a person other than the issuer of those securities or a person specified by Cabinet Office Order, nor to a public offering or secondary distribution of securities as set forth in item (v) of that paragraph whose total issue value or total distribution value is less than the amount specified by Cabinet Office Order.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第七項**  第一項第二号イ及びロ並びに第三号、第二項、第三項並びに前二項に規定する開示が行われている場合とは、次に掲げる場合をいう。
<sup>art-4/par-7 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-7 · https://japanlaw.org/l/323AC0000000025/art-4/par-7</sup>
As set forth in paragraph (1), item (ii), (a) and (b) and item (iii), paragraph (2), paragraph (3) and the preceding two paragraphs, a case in which disclosure has been made means any of the following cases:
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **一**  当該有価証券について既に行われた募集若しくは売出し（適格機関投資家取得有価証券一般勧誘又は特定投資家等取得有価証券一般勧誘に該当するものを除く。）に関する第一項の規定による届出、当該有価証券について既に行われた適格機関投資家取得有価証券一般勧誘に関する第二項の規定による届出又は当該有価証券について既に行われた特定投資家等取得有価証券一般勧誘に関する第三項の規定による届出がその効力を生じている場合（当該有価証券の発行者が第二十四条第一項ただし書（同条第五項において準用し、及びこれらの規定を第二十七条において準用する場合を含む。）の規定の適用を受けている者である場合を除く。）
  <sup>art-4/par-7/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-7/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-7/item-1</sup>
  a notification under paragraph (1) is in effect for a public offering or secondary distribution which has already been conducted with regard to the relevant securities (excluding one that falls under the category of a general solicitation involving securities acquired by a qualified institutional investor or a general solicitation involving securities acquired by a professional investor); a notification under paragraph (2) is in effect for a general solicitation involving securities acquired by a qualified institutional investor which has already been conducted with regard to those securities; or a notification under paragraph (3) is in effect for a general solicitation involving securities acquired by a professional investor which has already been conducted with regard to those securities (unless the proviso to Article 24, paragraph (1) is applicable (including as applied mutatis mutandis pursuant to Article 24, paragraph (5) and as these provisions apply mutatis mutandis pursuant to Article 27) to the issuer of the securities); or
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **二**  前号に掲げる場合に準ずるものとして内閣府令で定める場合
  <sup>art-4/par-7/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-7/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-7/item-2</sup>
  cases specified by Cabinet Office Order as being equivalent to the cases provided for in the preceding item.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

---

## Cites
- art-4/par-1: 第十三条 → 金融商品取引法 第十三条 (Article 13), art-13 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-13 · https://japanlaw.org/l/323AC0000000025/art-13
- art-4/par-1: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第二項 (Article 15, paragraph (2)), art-15/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-2 · https://japanlaw.org/l/323AC0000000025/art-15/par-2
- art-4/par-1: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第三項 (Article 15, paragraph (3)), art-15/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-3 · https://japanlaw.org/l/323AC0000000025/art-15/par-3
- art-4/par-1: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第四項 (Article 15, paragraph (4)), art-15/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-4 · https://japanlaw.org/l/323AC0000000025/art-15/par-4
- art-4/par-1: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第五項 (Article 15, paragraph (5)), art-15/par-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-5 · https://japanlaw.org/l/323AC0000000025/art-15/par-5
- art-4/par-1: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第六項 (Article 15, paragraph (6)), art-15/par-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-6 · https://japanlaw.org/l/323AC0000000025/art-15/par-6
- art-4/par-1: 次項 → 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-4/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-4/par-1: この項 → 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-4/par-1/item-1: 次条第一項 → 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-4/par-1/item-2: 前号 → 金融商品取引法 第四条第一項第一号 (Article 4, paragraph (1), item (i)), art-4/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-1
- art-4/par-1/item-3: 前二号 → 金融商品取引法 第四条第一項第一号 (Article 4, paragraph (1), item (i)), art-4/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-1
- art-4/par-1/item-3: 前二号 → 金融商品取引法 第四条第一項第二号 (Article 4, paragraph (1), item (ii)), art-4/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-2
- art-4/par-1/item-4: 前三号 → 金融商品取引法 第四条第一項第一号 (Article 4, paragraph (1), item (i)), art-4/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-1
- art-4/par-1/item-4: 前三号 → 金融商品取引法 第四条第一項第二号 (Article 4, paragraph (1), item (ii)), art-4/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-2
- art-4/par-1/item-4: 前三号 → 金融商品取引法 第四条第一項第三号 (Article 4, paragraph (1), item (iii)), art-4/par-1/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-3
- art-4/par-1/item-5: 前各号 → 金融商品取引法 第四条第一項第一号 (Article 4, paragraph (1), item (i)), art-4/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-1
- art-4/par-1/item-5: 前各号 → 金融商品取引法 第四条第一項第二号 (Article 4, paragraph (1), item (ii)), art-4/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-2
- art-4/par-1/item-5: 前各号 → 金融商品取引法 第四条第一項第三号 (Article 4, paragraph (1), item (iii)), art-4/par-1/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-3
- art-4/par-1/item-5: 前各号 → 金融商品取引法 第四条第一項第四号 (Article 4, paragraph (1), item (iv)), art-4/par-1/item-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-4
- art-4/par-2: 第二号 → 金融商品取引法 第四条第二項第二号 (Article 4, paragraph (2), item (ii)), art-4/par-2/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-2/item-2
- art-4/par-2: 第二条第三項第一号 → 金融商品取引法 第二条第三項第一号 (Article 2, paragraph (3), item (i)), art-2/par-3/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-3/item-1
- art-4/par-2: 同条第四項第一号 → 金融商品取引法 第二条第四項第一号 (Article 2, paragraph (4), item (i)), art-2/par-4/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-4/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-4/item-1
- art-4/par-2/item-1: 第二条第三項第二号 → 金融商品取引法 第二条第三項第二号 (Article 2, paragraph (3), item (ii)), art-2/par-3/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-3/item-2
- art-4/par-2/item-2: 第二条第三項第二号 → 金融商品取引法 第二条第三項第二号 (Article 2, paragraph (3), item (ii)), art-2/par-3/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-3/item-2
- art-4/par-2/item-2: 同項第一号 → 金融商品取引法 第二条第三項第一号 (Article 2, paragraph (3), item (i)), art-2/par-3/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-3/item-1
- art-4/par-2/item-3: 第二条第四項第二号 → 金融商品取引法 第二条第四項第二号 (Article 2, paragraph (4), item (ii)), art-2/par-4/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-4/item-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-4/item-2
- art-4/par-2/item-4: 第二条第四項第二号 → 金融商品取引法 第二条第四項第二号 (Article 2, paragraph (4), item (ii)), art-2/par-4/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-4/item-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-4/item-2
- art-4/par-2/item-4: 同項第一号 → 金融商品取引法 第二条第四項第一号 (Article 2, paragraph (4), item (i)), art-2/par-4/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-4/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-4/item-1
- art-4/par-2/item-5: 第二条の三第四項第二号 → 金融商品取引法 第二条の三第四項第二号 (Article 2-3, paragraph (4), item (ii)), art-2-3/par-4/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2-3/par-4/item-2 · https://japanlaw.org/l/323AC0000000025/art-2-3/par-4/item-2
- art-4/par-2/item-6: 第二条の三第五項第二号 → 金融商品取引法 第二条の三第五項第二号 (Article 2-3, paragraph (5), item (ii)), art-2-3/par-5/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2-3/par-5/item-2 · https://japanlaw.org/l/323AC0000000025/art-2-3/par-5/item-2
- art-4/par-3: 第二十四条第一項 → 金融商品取引法 第二十四条第一項 (Article 24, paragraph (1)), art-24/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-24/par-1
- art-4/par-3/item-1: 第二条第三項第二号 → 金融商品取引法 第二条第三項第二号 (Article 2, paragraph (3), item (ii)), art-2/par-3/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-3/item-2
- art-4/par-3/item-3: 前二号 → 金融商品取引法 第四条第三項第一号 (Article 4, paragraph (3), item (i)), art-4/par-3/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-3/item-1
- art-4/par-3/item-3: 前二号 → 金融商品取引法 第四条第三項第二号 (Article 4, paragraph (3), item (ii)), art-4/par-3/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-3/item-2
- art-4/par-4: 次項 → 金融商品取引法 第四条第五項 (Article 4, paragraph (5)), art-4/par-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-5
- art-4/par-4: 第六項 → 金融商品取引法 第四条第六項 (Article 4, paragraph (6)), art-4/par-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-6 · https://japanlaw.org/l/323AC0000000025/art-4/par-6
- art-4/par-4: 第十三条 → 金融商品取引法 第十三条 (Article 13), art-13 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-13 · https://japanlaw.org/l/323AC0000000025/art-13
- art-4/par-4: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第二項 (Article 15, paragraph (2)), art-15/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-2 · https://japanlaw.org/l/323AC0000000025/art-15/par-2
- art-4/par-4: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第三項 (Article 15, paragraph (3)), art-15/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-3 · https://japanlaw.org/l/323AC0000000025/art-15/par-3
- art-4/par-4: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第四項 (Article 15, paragraph (4)), art-15/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-4 · https://japanlaw.org/l/323AC0000000025/art-15/par-4
- art-4/par-4: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第五項 (Article 15, paragraph (5)), art-15/par-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-5 · https://japanlaw.org/l/323AC0000000025/art-15/par-5
- art-4/par-4: 第十五条第二項から第六項まで → 金融商品取引法 第十五条第六項 (Article 15, paragraph (6)), art-15/par-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-6 · https://japanlaw.org/l/323AC0000000025/art-15/par-6
- art-4/par-4: 前三項 → 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-4/par-4: 前三項 → 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-4/par-4: 前三項 → 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-4/par-5: 第一項第五号 → 金融商品取引法 第四条第一項第五号 (Article 4, paragraph (1), item (v)), art-4/par-1/item-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-5
- art-4/par-5: 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-4/par-5: 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-4/par-5: この項 → 金融商品取引法 第四条第五項 (Article 4, paragraph (5)), art-4/par-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-5
- art-4/par-5: 次項 → 金融商品取引法 第四条第六項 (Article 4, paragraph (6)), art-4/par-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-6 · https://japanlaw.org/l/323AC0000000025/art-4/par-6
- art-4/par-5: 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-4/par-6: 第一項第三号 → 金融商品取引法 第四条第一項第三号 (Article 4, paragraph (1), item (iii)), art-4/par-1/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-3
- art-4/par-6: この項 → 金融商品取引法 第四条第六項 (Article 4, paragraph (6)), art-4/par-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-6 · https://japanlaw.org/l/323AC0000000025/art-4/par-6
- art-4/par-6: 第四項 → 金融商品取引法 第四条第四項 (Article 4, paragraph (4)), art-4/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-4 · https://japanlaw.org/l/323AC0000000025/art-4/par-4
- art-4/par-6: 同項第五号 → 金融商品取引法 第四条第一項第五号 (Article 4, paragraph (1), item (v)), art-4/par-1/item-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-5
- art-4/par-7: 第一項第二号 → 金融商品取引法 第四条第一項第二号 (Article 4, paragraph (1), item (ii)), art-4/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-2
- art-4/par-7: 第三号 → 金融商品取引法 第四条第一項第三号 (Article 4, paragraph (1), item (iii)), art-4/par-1/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-3
- art-4/par-7: 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-4/par-7: 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-4/par-7: 前二項 → 金融商品取引法 第四条第五項 (Article 4, paragraph (5)), art-4/par-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-5
- art-4/par-7: 前二項 → 金融商品取引法 第四条第六項 (Article 4, paragraph (6)), art-4/par-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-6 · https://japanlaw.org/l/323AC0000000025/art-4/par-6
- art-4/par-7/item-1: 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-4/par-7/item-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-4/par-7/item-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-4/par-7/item-1: 第二十四条第一項 → 金融商品取引法 第二十四条第一項 (Article 24, paragraph (1)), art-24/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-24/par-1
- art-4/par-7/item-1: 同条第五項 → 金融商品取引法 第二十四条第五項 (Article 24, paragraph (5)), art-24/par-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24/par-5 · https://japanlaw.org/l/323AC0000000025/art-24/par-5
- art-4/par-7/item-1: 第二十七条 → 金融商品取引法 第二十七条 (Article 27), art-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27 · https://japanlaw.org/l/323AC0000000025/art-27
- art-4/par-7/item-2: 前号 → 金融商品取引法 第四条第七項第一号 (Article 4, paragraph (7), item (i)), art-4/par-7/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-7/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-7/item-1

## Cited by

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

- 会社法 第二百一条第五項（公開会社における募集事項の決定の特則） — https://japanlaw.org/ja/companies-act/art-201/par-5 · https://japanlaw.org/l/417AC0000000086/art-201/par-5
- 会社法 第二百六条の二第三項（公開会社における募集株式の割当て等の特則） — https://japanlaw.org/ja/companies-act/art-206-2/par-3 · https://japanlaw.org/l/417AC0000000086/art-206-2/par-3
- 会社法 第二百四十条第四項（公開会社における募集事項の決定の特則） — https://japanlaw.org/ja/companies-act/art-240/par-4 · https://japanlaw.org/l/417AC0000000086/art-240/par-4
- 会社法 第二百四十四条の二第四項（公開会社における募集新株予約権の割当て等の特則） — https://japanlaw.org/ja/companies-act/art-244-2/par-4 · https://japanlaw.org/l/417AC0000000086/art-244-2/par-4
- 金融商品取引法 第二条第三項第二号ロ（１）（定義） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-3/item-2/sub-2/sub2-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-3/item-2/sub-2/sub2-1
- 金融商品取引法 第二条第十項（定義） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2/par-10 · https://japanlaw.org/l/323AC0000000025/art-2/par-10
- 金融商品取引法 第二条の三第四項第一号（組織再編成等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-2-3/par-4/item-1 · https://japanlaw.org/l/323AC0000000025/art-2-3/par-4/item-1
- 金融商品取引法 第四条第一項（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-1
- 金融商品取引法 第四条第一項第二号（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-2
- 金融商品取引法 第四条第一項第三号（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-3
- 金融商品取引法 第四条第一項第四号（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-4
- 金融商品取引法 第四条第一項第五号（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-1/item-5
- 金融商品取引法 第四条第二項（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-2
- 金融商品取引法 第四条第三項第三号（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-4/par-3/item-3
- 金融商品取引法 第四条第四項（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-4 · https://japanlaw.org/l/323AC0000000025/art-4/par-4
- 金融商品取引法 第四条第五項（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-5 · https://japanlaw.org/l/323AC0000000025/art-4/par-5
- 金融商品取引法 第四条第六項（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-6 · https://japanlaw.org/l/323AC0000000025/art-4/par-6
- 金融商品取引法 第四条第七項（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-7 · https://japanlaw.org/l/323AC0000000025/art-4/par-7
- 金融商品取引法 第四条第七項第一号（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-7/item-1 · https://japanlaw.org/l/323AC0000000025/art-4/par-7/item-1
- 金融商品取引法 第四条第七項第二号（募集又は売出しの届出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4/par-7/item-2 · https://japanlaw.org/l/323AC0000000025/art-4/par-7/item-2
- 金融商品取引法 第五条第一項（有価証券届出書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-5/par-1
- 金融商品取引法 第五条第二項（有価証券届出書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-5/par-2 · https://japanlaw.org/l/323AC0000000025/art-5/par-2
- 金融商品取引法 第五条第二項第二号（有価証券届出書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-5/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-5/par-2/item-2
- 金融商品取引法 第五条第三項（有価証券届出書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-5/par-3 · https://japanlaw.org/l/323AC0000000025/art-5/par-3
- 金融商品取引法 第五条第四項（有価証券届出書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-5/par-4 · https://japanlaw.org/l/323AC0000000025/art-5/par-4
- 金融商品取引法 第六条第一項（届出書類の写しの金融商品取引所等への提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-6/par-1 · https://japanlaw.org/l/323AC0000000025/art-6/par-1
- 金融商品取引法 第七条第一項（訂正届出書の自発的提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-7/par-1
- 金融商品取引法 第八条第一項（届出の効力発生日） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-8/par-1 · https://japanlaw.org/l/323AC0000000025/art-8/par-1
- 金融商品取引法 第八条第三項（届出の効力発生日） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-8/par-3 · https://japanlaw.org/l/323AC0000000025/art-8/par-3
- 金融商品取引法 第九条第三項（形式不備等による訂正届出書の提出命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-9/par-3 · https://japanlaw.org/l/323AC0000000025/art-9/par-3
- 金融商品取引法 第九条第五項（形式不備等による訂正届出書の提出命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-9/par-5 · https://japanlaw.org/l/323AC0000000025/art-9/par-5
- 金融商品取引法 第十条第一項（虚偽記載等による訂正届出書の提出命令及び効力の停止命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-10/par-1
- 金融商品取引法 第十条第三項（虚偽記載等による訂正届出書の提出命令及び効力の停止命令） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-10/par-3 · https://japanlaw.org/l/323AC0000000025/art-10/par-3
- 金融商品取引法 第十三条第一項（目論見書の作成及び虚偽記載のある目論見書等の使用禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-13/par-1 · https://japanlaw.org/l/323AC0000000025/art-13/par-1
- 金融商品取引法 第十三条第一項第二号（目論見書の作成及び虚偽記載のある目論見書等の使用禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-13/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-13/par-1/item-2
- 金融商品取引法 第十三条第二項第一号イ（目論見書の作成及び虚偽記載のある目論見書等の使用禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-13/par-2/item-1/sub-1 · https://japanlaw.org/l/323AC0000000025/art-13/par-2/item-1/sub-1
- 金融商品取引法 第十三条第二項第二号イ（目論見書の作成及び虚偽記載のある目論見書等の使用禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-13/par-2/item-2/sub-1 · https://japanlaw.org/l/323AC0000000025/art-13/par-2/item-2/sub-1
- 金融商品取引法 第十三条第四項（目論見書の作成及び虚偽記載のある目論見書等の使用禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-13/par-4 · https://japanlaw.org/l/323AC0000000025/art-13/par-4
- 金融商品取引法 第十三条第五項（目論見書の作成及び虚偽記載のある目論見書等の使用禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-13/par-5 · https://japanlaw.org/l/323AC0000000025/art-13/par-5
- 金融商品取引法 第十五条第一項（届出の効力発生前の有価証券の取引禁止及び目論見書の交付） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-1 · https://japanlaw.org/l/323AC0000000025/art-15/par-1
- 金融商品取引法 第十五条第六項（届出の効力発生前の有価証券の取引禁止及び目論見書の交付） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15/par-6 · https://japanlaw.org/l/323AC0000000025/art-15/par-6
- 金融商品取引法 第十七条第一項（虚偽記載のある目論見書等を使用した者の賠償責任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-17/par-1 · https://japanlaw.org/l/323AC0000000025/art-17/par-1
- 金融商品取引法 第二十条第一項第二号（虚偽記載のある届出書の届出者等に対する賠償請求権の時効） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-20/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-20/par-1/item-2
- 金融商品取引法 第二十一条の三第一項（虚偽記載等のある書類の提出者に対する賠償請求権の時効） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-21-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-21-3/par-1
- 金融商品取引法 第二十三条第一項（届出書の真実性の認定等の禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23/par-1 · https://japanlaw.org/l/323AC0000000025/art-23/par-1
- 金融商品取引法 第二十三条の三第三項（発行登録書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-3/par-3 · https://japanlaw.org/l/323AC0000000025/art-23-3/par-3
- 金融商品取引法 第二十三条の八第四項（発行登録追補書類の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-8/par-4 · https://japanlaw.org/l/323AC0000000025/art-23-8/par-4
- 金融商品取引法 第二十三条の十二第三項（発行登録書等に関する準用規定等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-12/par-3 · https://japanlaw.org/l/323AC0000000025/art-23-12/par-3
- 金融商品取引法 第二十三条の十二第五項（発行登録書等に関する準用規定等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-12/par-5 · https://japanlaw.org/l/323AC0000000025/art-23-12/par-5
- 金融商品取引法 第二十三条の十三第一項（適格機関投資家向け勧誘の告知等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-13/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-13/par-1
- 金融商品取引法 第二十三条の十三第三項第一号（適格機関投資家向け勧誘の告知等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-13/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-23-13/par-3/item-1
- 金融商品取引法 第二十三条の十三第三項第二号（適格機関投資家向け勧誘の告知等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-13/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-23-13/par-3/item-2
- 金融商品取引法 第二十三条の十三第四項（適格機関投資家向け勧誘の告知等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-13/par-4 · https://japanlaw.org/l/323AC0000000025/art-23-13/par-4
- 金融商品取引法 第二十四条第一項（有価証券報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-24/par-1
- 金融商品取引法 第二十四条第一項第三号（有価証券報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-24/par-1/item-3
- 金融商品取引法 第二十四条第二項第二号（有価証券報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-24/par-2/item-2
- 金融商品取引法 第二十四条第五項（有価証券報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24/par-5 · https://japanlaw.org/l/323AC0000000025/art-24/par-5
- 金融商品取引法 第二十四条の二第一項（訂正届出書に関する規定の準用） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-24-2/par-1
- 金融商品取引法 第二十四条の四の三第一項（訂正確認書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24-4-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-24-4-3/par-1
- 金融商品取引法 第二十四条の四の五第一項（訂正内部統制報告書の提出） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-24-4-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-24-4-5/par-1
- …and 23 more at https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-4

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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 4, paragraph (2) — 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
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22