Article 55-5Report of Inward Direct Investment and Equivalent Actions and Specified Acquisition
第五十五条の五（対内直接投資等及び特定取得の報告）
When a foreign investor has conducted an inward direct investment or equivalent action or a specified acquisition (limited to specified acquisition for which the provisions of Article 28, paragraph (1) require a notification to be filed; hereinafter the same applies in this Article), the foreign investor must report the substance of the inward direct investment or equivalent action or the specified acquisition, its timing, and any other information prescribed by Cabinet Order to the Minister of Finance and the competent minister for the business, pursuant to the provisions of Cabinet Order; provided, however, that this does not apply to an inward direct investment or equivalent action or a specified acquisition for which a notification has been made pursuant to the provisions of Article 27, paragraph (1) or Article 28, paragraph (1).
Assets and rights that a partner of a specified partnership or similar organization acquires through an action that is comparable to the inward direct investments and equivalent actions or specified acquisitions that the specified partnership or similar organization conducts are deemed to be acquired, owned, or held by the specified partnership or similar organization, and the provisions of the preceding paragraph apply.
Changes on (Act No. 30 of 2026)
A person (including a corporation or any other organization) not constituting a foreign investor is deemed to be a foreign investor in connection with any action comparable to an inward direct investment or equivalent action or a specified acquisition which that person conducts on behalf of a foreign investor but not in the name of that foreign investor, and the provisions of paragraph (1) apply.
assets
「財産」
Assets, including means of payment (支払手段), electronic payment instruments (電子決済手段等), precious metals (貴金属), securities (証券), claims (債権) and goods (貨物).
Defined inArticle 6, paragraph (1), item (xvi)
specified partnership or similar organization
「特定組合等」
A partnership — a voluntary partnership (任意組合), an investment limited partnership (投資事業有限責任組合) or a similar organization set up under foreign law — in which non-resident individuals or others a Cabinet Order (政令) specifies contribute 50% or more of the total contributions, or make up a majority of the managing partners.
Short name set inArticle 26, paragraph (1), item (iv)
foreign investor
「外国投資家」
A foreign investor as defined in Article 26, paragraph (1): a non-resident individual, a corporation or other body set up under foreign law or with its principal office abroad, or a company, partnership or other body controlled by such persons as that paragraph sets out, that makes an inward direct investment or equivalent action (対内直接投資等) or a specified acquisition (特定取得).
Defined inArticle 27, paragraph (1)· applies only in this article and in Articles 28 and 55-5; and Article 29, paragraphs (1) to (4)
inward direct investment or equivalent actionmachine translation
「対内直接投資等」
An inward direct investment or equivalent action as defined in Article 26, paragraph (2) — an act of a foreign investor such as acquiring shares or equity in an unlisted company, acquiring shares or voting rights in a listed or equivalent company (上場会社等) that bring a holding to at least a percentage a Cabinet Order (政令) sets, consenting to a major change in a company's business, setting up a branch in Japan, lending a large sum for more than a year to a corporation with its principal office in Japan, or taking over a business from a Japanese corporation — other than one a Cabinet Order excludes in view of inheritance, bequest, corporate merger or other circumstances.
Defined inArticle 27, paragraph (1)· applies only in this article and in Article 29, paragraphs (1) to (4); Article 55-5; Article 69-2, paragraph (2); and Article 70, paragraph (1)
specified acquisition
「特定取得」
A specified acquisition as defined in Article 26, paragraph (3) — acquiring shares or equity in a company other than a listed or equivalent company (上場会社等) by transfer from a non-resident individual, a foreign corporation or another of the persons listed in Article 26, paragraph (1) — other than one a Cabinet Order (政令) excludes in view of inheritance, bequest, corporate merger or other circumstances.
Defined inArticle 28, paragraph (1)