# 金融商品取引法 / Financial Instruments and Exchange Act — 第百四十五条 (Supplementary Provisions, Article 145) - 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: 第百四十五条 (Supplementary Provisions, Article 145) — address `suppl-4181-65/art-145` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-145 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-145 - 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. --- ### 第百四十五条 suppl-4181-65/art-145 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-145 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-145 **第一項** 新金融商品取引法第百六十六条の規定は、施行日以後に生じた同条第一項に規定する重要事実（同条第二項第一号に規定する上場会社等の業務執行を決定する機関がした同号に掲げる事項を行わない旨の決定にあっては当該事項を行うことについての当該機関の決定が施行日以後に行われた場合に係るものに限るものとし、同項第三号に掲げる事実にあっては施行日以後に同条第四項の公表がされた同号に規定する直近の予想値又は前事業年度の実績値に比較して生じたものに限る。）を知った者又はこれらの事実の伝達を受けた者の同条の売買等について適用し、施行日前に生じた旧証券取引法第百六十六条第一項に規定する重要事実（同条第二項第一号に規定する上場会社等の業務執行を決定する機関がした同号に掲げる事項を行わない旨の決定にあっては当該事項を行うことについての当該機関の決定が施行日前に行われ、かつ、当該事項を行わない旨の決定が施行日以後に行われた場合に係るものを含むものとし、同項第三号に掲げる事実にあっては施行日前に同条第四項の公表がされた同号に規定する直近の予想値又は前事業年度の実績値に比較して施行日以後に生じたものを含む。）を知った者又はこれらの事実の伝達を受けた者の同条の売買等については、なお従前の例による。 suppl-4181-65/art-145/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-145/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-145/par-1 The provisions of Article 166 of the New Financial Instruments and Exchange Act apply to the purchase and sale, etc. under that Article by a person who has come to know of a material fact prescribed in Article 166, paragraph (1) of the New Financial Instruments and Exchange Act that has arisen on or after the effective date (limited, in the case of a decision not to carry out a matter set forth in Article 166, paragraph (2), item (i) of the New Financial Instruments and Exchange Act made by the organ responsible for making decisions on the execution of operations of a listed company, etc. prescribed in that item, to a case where the decision of that organ to carry out that matter was made on or after the effective date, and limited, in the case of a fact set forth in Article 166, paragraph (2), item (iii) of the New Financial Instruments and Exchange Act, to one that has arisen in comparison with the last disclosed forecasts or the actual figures for the preceding business year prescribed in that item for which the public disclosure under Article 166, paragraph (4) of the New Financial Instruments and Exchange Act was made on or after the effective date) or by a person who has received information on those facts, and with regard to the purchase and sale, etc. under Article 166 of the Former Securities and Exchange Act by a person who has come to know of a material fact prescribed in Article 166, paragraph (1) of the Former Securities and Exchange Act that arose before the effective date (including, in the case of a decision not to carry out a matter set forth in Article 166, paragraph (2), item (i) of the Former Securities and Exchange Act made by the organ responsible for making decisions on the execution of operations of a listed company, etc. prescribed in that item, a case where the decision of that organ to carry out that matter was made before the effective date and the decision not to carry out that matter was made on or after the effective date, and including, in the case of a fact set forth in Article 166, paragraph (2), item (iii) of the Former Securities and Exchange Act, one that arose on or after the effective date in comparison with the last disclosed forecasts or the actual figures for the preceding business year prescribed in that item for which the public disclosure under Article 166, paragraph (4) of the Former Securities and Exchange Act was made before the effective date) or by a person who has received information on those facts, the provisions then in force continue to govern. machine translation, not official **第二項** 新金融商品取引法第百六十七条の規定は、施行日以後に生じた同条第一項に規定する公開買付け等の実施に関する事実若しくは公開買付け等の中止に関する事実（同項に規定する公開買付け等の中止に関する事実にあっては、同項に規定する公開買付け等を行うことについての同条第二項に規定する公開買付者等の決定が施行日以後に行われた場合に係るものに限る。）を知った者又はこれらの事実の伝達を受けた者の同条の買付け等又は売付け等について適用し、施行日前に生じた旧証券取引法第百六十七条第一項に規定する公開買付け等の実施に関する事実若しくは公開買付け等の中止に関する事実（同項に規定する公開買付け等の中止に関する事実にあっては、同項に規定する公開買付け等を行うことについての同条第二項に規定する公開買付者等の決定が施行日前に行われた場合の施行日以後に行われた同条第一項に規定する公開買付け等の中止に係るものを含む。）を知った者又はこれらの事実の伝達を受けた者の同条の買付け等又は売付け等については、なお従前の例による。 suppl-4181-65/art-145/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-145/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-145/par-2 The provisions of Article 167 of the New Financial Instruments and Exchange Act apply to the purchase, etc. or sale, etc. under that Article by a person who has come to know of the fact concerning launch of a tender offer, etc. or the fact concerning suspension of a tender offer, etc. prescribed in Article 167, paragraph (1) of the New Financial Instruments and Exchange Act that has arisen on or after the effective date (limited, in the case of the fact concerning suspension of a tender offer, etc. prescribed in Article 167, paragraph (1) of the New Financial Instruments and Exchange Act, to a case where the decision of the tender offeror, etc. prescribed in Article 167, paragraph (2) of the New Financial Instruments and Exchange Act to carry out the tender offer, etc. prescribed in Article 167, paragraph (1) of the New Financial Instruments and Exchange Act was made on or after the effective date) or by a person who has received information on those facts, and with regard to the purchase, etc. or sale, etc. under Article 167 of the Former Securities and Exchange Act by a person who has come to know of the fact concerning launch of a tender offer, etc. or the fact concerning suspension of a tender offer, etc. prescribed in Article 167, paragraph (1) of the Former Securities and Exchange Act that arose before the effective date (including, in the case of the fact concerning suspension of a tender offer, etc. prescribed in Article 167, paragraph (1) of the Former Securities and Exchange Act, one pertaining to the suspension, made on or after the effective date, of the tender offer, etc. prescribed in Article 167, paragraph (1) of the Former Securities and Exchange Act, where the decision of the tender offeror, etc. prescribed in Article 167, paragraph (2) of the Former Securities and Exchange Act to carry out the tender offer, etc. prescribed in Article 167, paragraph (1) of the Former Securities and Exchange Act was made before the effective date) or by a person who has received information on those facts, the provisions then in force continue to govern. machine translation, not official **第三項** 新金融商品取引法第百七十一条の規定は、施行日以後に行われる同条の有価証券の不特定多数者向け勧誘等について適用し、施行日前に行った旧証券取引法第百七十一条の旧有価証券の不特定多数者向け勧誘等については、なお従前の例による。 suppl-4181-65/art-145/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-145/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-145/par-3 The provisions of Article 171 of the New Financial Instruments and Exchange Act apply to the solicitation, etc. of securities directed at unspecified and numerous persons under that Article that is conducted on or after the effective date, and with regard to the solicitation, etc. of former securities directed at unspecified and numerous persons under Article 171 of the Former Securities and Exchange Act that was conducted before the effective date, the provisions then in force continue to govern. machine translation, not official --- ## Cites - suppl-4181-65/art-145/par-1: 新金融商品取引法第百六十六条 → 金融商品取引法 第百六十六条 (Article 166), art-166 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-166 · https://japanlaw.org/l/323AC0000000025/art-166 - suppl-4181-65/art-145/par-1: 同条第一項 → 金融商品取引法 第百六十六条第一項 (Article 166, paragraph (1)), art-166/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-166/par-1 · https://japanlaw.org/l/323AC0000000025/art-166/par-1 - suppl-4181-65/art-145/par-1: 同条第二項第一号 → 金融商品取引法 第百六十六条第二項第一号 (Article 166, paragraph (2), item (i)), art-166/par-2/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-166/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-166/par-2/item-1 - suppl-4181-65/art-145/par-1: 同項第三号 → 金融商品取引法 第百六十六条第二項第三号 (Article 166, paragraph (2), item (iii)), art-166/par-2/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-166/par-2/item-3 · https://japanlaw.org/l/323AC0000000025/art-166/par-2/item-3 - suppl-4181-65/art-145/par-1: 同条第四項 → 金融商品取引法 第百六十六条第四項 (Article 166, paragraph (4)), art-166/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-166/par-4 · https://japanlaw.org/l/323AC0000000025/art-166/par-4 - suppl-4181-65/art-145/par-2: 新金融商品取引法第百六十七条 → 金融商品取引法 第百六十七条 (Article 167), art-167 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-167 · https://japanlaw.org/l/323AC0000000025/art-167 - suppl-4181-65/art-145/par-2: 同条第一項 → 金融商品取引法 第百六十七条第一項 (Article 167, paragraph (1)), art-167/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-167/par-1 · https://japanlaw.org/l/323AC0000000025/art-167/par-1 - suppl-4181-65/art-145/par-2: 同条第二項 → 金融商品取引法 第百六十七条第二項 (Article 167, paragraph (2)), art-167/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-167/par-2 · https://japanlaw.org/l/323AC0000000025/art-167/par-2 - suppl-4181-65/art-145/par-3: 新金融商品取引法第百七十一条 → 金融商品取引法 第百七十一条 (Article 171), art-171 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-171 · https://japanlaw.org/l/323AC0000000025/art-171 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/323AC0000000025/20260812_508AC0000000064), retrieved 2026-10-22 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22 - claude-sonnet-5-5 — Machine translation, batch financial-instruments-and-exchange-act-20261023T035921-045, 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