Where a corporation that files a blue return and that engages in mining, in each business year that includes a day within the period from April 1, 1965 to March 31, 2028 (referred to in item (i) as the "designated period") (excluding the business year that includes the day of dissolution and each business year during liquidation), in preparation for the expenditure of new mineral deposit exploration expenses pertaining to minerals specified by Cabinet Order as those for which it is particularly necessary to secure a stable supply (hereinafter referred to in this Article as "minerals"), sets aside as a reserve for exploration, by the method of accounting as an expense or loss, an amount not exceeding the lower of the amounts listed in item (i) and item (ii) (where the corporation did not make any expenditure of new mineral deposit exploration expenses pertaining to minerals in any of the business years that began within five years before the first day of that business year, the amount obtained by deducting the amount listed in item (iii) from that lower amount; referred to in paragraph (8) and paragraph (14) as the "accumulation limit") (including where it sets aside the amount as a reserve for exploration by the method of setting it aside as a reserve fund through the appropriation of surplus by the day on which the settlement of accounts for that business year is finalized), the amount so set aside is included in deductible expenses in calculating the amount of income for that business year.
青色申告書を提出する法人で鉱業を営むものが、昭和四十年四月一日から令和十年三月三十一日までの期間（第一号において「指定期間」という。）内の日を含む各事業年度（解散の日を含む事業年度及び清算中の各事業年度を除く。）において、安定的な供給を確保することが特に必要なものとして政令で定める鉱物（以下この条において「鉱物」という。）に係る新鉱床探鉱費の支出に備えるため、同号及び第二号に掲げる金額のうちいずれか低い金額（当該事業年度開始の日前五年以内に開始した各事業年度のいずれにおいても鉱物に係る新鉱床探鉱費の支出を行わなかつた場合には、当該いずれか低い金額から第三号に掲げる金額を控除した金額。第八項及び第十四項において「積立限度額」という。）以下の金額を損金経理の方法により探鉱準備金として積み立てたとき（当該事業年度の決算の確定の日までに剰余金の処分により積立金として積み立てる方法により探鉱準備金として積み立てたときを含む。）は、その積み立てた金額は、当該事業年度の所得の金額の計算上、損金の額に算入する。
the amount equivalent to 12 percent of the amount specified by Cabinet Order as the revenue within the designated period of that business year from the sale of minerals mined by the corporation;
the amount equivalent to 50 percent of the amount specified by Cabinet Order as the amount of extraction income pertaining to the revenue prescribed in the preceding item;
前号に規定する収入金額に係る採掘所得の金額として政令で定める金額の百分の五十に相当する金額
the balance obtained by deducting the amount listed in paragraph (1), item (i) of the following Article for that business year from the sum of the following amounts (where that balance exceeds the amount calculated by multiplying the lower of the amounts listed in the preceding two items by 25 percent, that calculated amount):
the amount of the reserve for exploration for which the five years referred to in paragraph (4) have elapsed that is to be included in gross profit in that business year pursuant to the provisions of that paragraph;
the amount specified in paragraph (5), item (iv) pertaining to the amount of the reserve for exploration prescribed in that item that has been included, or is to be included, in gross profit in that business year pursuant to the provisions of that paragraph.
Where a domestic mining operator (meaning a corporation that files a blue return and is specified by Cabinet Order as a corporation that engages mainly in mining in Japan; the same applies hereinafter in this paragraph) and a corporation that files a blue return and is specified by Cabinet Order as being equivalent to a domestic mining operator (hereinafter referred to in this Article as a "domestic mining operator, etc."), in each business year that includes a day within the period from April 1, 1975 to March 31, 2028 (hereinafter referred to in this paragraph and paragraph (13) as the "designated period") (excluding the business year that includes the day of dissolution and each business year during liquidation), in preparation for the expenditure of new mineral deposit exploration expenses pertaining to minerals located outside Japan, sets aside as a reserve for overseas exploration, by the method of accounting as an expense or loss, an amount not exceeding the amount equivalent to 40 percent of the amount specified by Cabinet Order as the amount of extraction income pertaining to the revenue within the designated period of that business year from the sale of minerals pertaining to the mine acquired from an overseas independent development corporation (meaning a foreign corporation that has a mine for which a substantial part of the funds necessary for its development has been borne, directly or indirectly, by that domestic mining operator, etc. and domestic corporations investing jointly with it, and that is specified by Cabinet Order as a corporation whose business contributes significantly to the stable supply of resources in Japan) (including minerals acquired via a corporation other than that overseas independent development corporation based on a contract concerning the offtake of those minerals) (where the corporation did not make any expenditure of new mineral deposit exploration expenses pertaining to minerals located outside Japan in any of the business years that began within five years before the first day of that business year, the amount obtained by deducting, from that equivalent amount, the balance obtained by deducting the amount listed in item (ii) from the amount listed in item (i) (where that balance exceeds the amount calculated by multiplying that equivalent amount by 25 percent, that calculated amount)) (including where it sets aside the amount as a reserve for overseas exploration by the method of setting it aside as a reserve fund through the appropriation of surplus by the day on which the settlement of accounts for that business year is finalized), the amount so set aside is included in deductible expenses in calculating the amount of income for that business year.
国内鉱業者（青色申告書を提出する法人で国内において主として鉱業を営むものとして政令で定めるものをいう。以下この項において同じ。）及び青色申告書を提出する法人で国内鉱業者に準ずるものとして政令で定めるもの（以下この条において「国内鉱業者等」という。）が、昭和五十年四月一日から令和十年三月三十一日までの期間（以下この項及び第十三項において「指定期間」という。）内の日を含む各事業年度（解散の日を含む事業年度及び清算中の各事業年度を除く。）において、国外にある鉱物に係る新鉱床探鉱費の支出に備えるため、海外自主開発法人（その開発に必要な資金の相当部分が当該国内鉱業者等及びこれと共同して投資をする内国法人によつて直接又は間接に負担された鉱山を有し、かつ、その営む事業が本邦における資源の安定的な供給に著しく寄与するものとして政令で定める外国法人をいう。）から取得した当該鉱山に係る鉱物（当該鉱物の引取りに関する契約に基づき、当該海外自主開発法人以外の法人を経由して取得したものを含む。）の販売による当該事業年度の指定期間内における収入金額に係る採掘所得の金額として政令で定める金額の百分の四十に相当する金額（当該事業年度開始の日前五年以内に開始した各事業年度のいずれにおいても国外にある鉱物に係る新鉱床探鉱費の支出を行わなかつた場合には、当該相当する金額から、第一号に掲げる金額から第二号に掲げる金額を控除した残額（当該残額が当該相当する金額に百分の二十五を乗じて計算した金額を超える場合には、当該計算した金額）を控除した金額）以下の金額を損金経理の方法により海外探鉱準備金として積み立てたとき（当該事業年度の決算の確定の日までに剰余金の処分により積立金として積み立てる方法により海外探鉱準備金として積み立てたときを含む。）は、その積み立てた金額は、当該事業年度の所得の金額の計算上、損金の額に算入する。
the sum of the following amounts:
次に掲げる金額の合計額
the amount of the reserve for overseas exploration for which the five years referred to in paragraph (4) have elapsed that is to be included in gross profit in that business year pursuant to the provisions of that paragraph;
the amount specified in paragraph (5), item (iv) pertaining to the amount of the reserve for overseas exploration prescribed in that item that has been included, or is to be included, in gross profit in that business year pursuant to the provisions of that paragraph;
the amount listed in paragraph (2), item (i) of the following Article for that business year.
当該事業年度の次条第二項第一号に掲げる金額
The new mineral deposit exploration expenses prescribed in the preceding two paragraphs means the expenses required for geological surveys, boring or the excavation of tunnels for exploration, and other expenses required for exploration, which are specified by Cabinet Order, and investments that are certain to be appropriated to those expenses for the exploration of minerals located outside Japan, which are specified by Cabinet Order (referred to in paragraph (5) of the following Article as "investment in an overseas exploration corporation").
Where, as of the end of each business year of a corporation prescribed in paragraph (1) or paragraph (2), the amount of the reserve for exploration or the amount of the reserve for overseas exploration carried over from the preceding business year (where there are amounts that have been included, or are to be included, in gross profit by that day pursuant to the provisions of the following paragraph, or amounts that were included in gross profit by the end of the preceding business year pursuant to the provisions of this paragraph, the amount obtained by deducting those amounts; hereinafter the same applies in this Article) includes an amount for which five years have elapsed from the day following the end of the business year in which it was set aside (referred to in the following paragraph as the "business year of accumulation"), the amount of the reserve for exploration or the amount of the reserve for overseas exploration for which those five years have elapsed is included in gross profit in calculating the amount of income for the business year that includes the day on which those five years elapsed.
第一項又は第二項に規定する法人の各事業年度終了の日において、前事業年度から繰り越された探鉱準備金の金額又は海外探鉱準備金の金額（その日までに次項の規定により益金の額に算入された、若しくは算入されるべきこととなつた金額又は前事業年度終了の日までにこの項の規定により益金の額に算入された金額がある場合には、これらの金額を控除した金額。以下この条において同じ。）のうちにその積み立てられた事業年度（次項において「積立事業年度」という。）終了の日の翌日から五年を経過したものがある場合には、その五年を経過した探鉱準備金の金額又は海外探鉱準備金の金額は、その五年を経過した日を含む事業年度の所得の金額の計算上、益金の額に算入する。
Where a corporation that has set aside the reserve for exploration referred to in paragraph (1) or the reserve for overseas exploration referred to in paragraph (2) comes to fall under any of the cases listed in the following items (excluding where a qualified merger in which that corporation is the merged corporation has taken place, or where it has transferred a mining office (meaning a mining office prescribed in Article 68 of the Mining Act (Act No. 289 of 1950); the same applies hereinafter in this Article) through a qualified company split or a qualified capital contribution in kind (limited to where it has also transferred the prospecting right for which the new mineral deposit exploration expenses prescribed in paragraph (3) are being expended)), the amount equivalent to the amount specified in that item is included in gross profit in calculating the amount of income for the business year that includes the day on which it came to fall under that case (in the case listed in item (ii), the business year that includes the day before the date of the merger). In this case, where the corporation falls under the case listed in item (iv), the amounts into which the amount of the reserve for exploration or the amount of the reserve for overseas exploration prescribed in that item is divided by the business year of accumulation in which they were set aside are to be included in gross profit in order beginning with the amount with the earliest business year of accumulation.
第一項の探鉱準備金又は第二項の海外探鉱準備金を積み立てている法人が次の各号に掲げる場合（当該法人を被合併法人とする適格合併が行われた場合又は適格分割若しくは適格現物出資により鉱業事務所（鉱業法（昭和二十五年法律第二百八十九号）第六十八条に規定する鉱業事務所をいう。以下この条において同じ。）を移転した場合（第三項に規定する新鉱床探鉱費を支出している試掘権を併せて移転した場合に限る。）を除く。）に該当することとなつた場合には、当該各号に定める金額に相当する金額は、その該当することとなつた日を含む事業年度（第二号に掲げる場合にあつては、合併の日の前日を含む事業年度）の所得の金額の計算上、益金の額に算入する。この場合において、第四号に掲げる場合に該当するときは、同号に規定する探鉱準備金の金額又は海外探鉱準備金の金額をその積み立てられた積立事業年度別に区分した各金額のうち、その積み立てられた積立事業年度が最も古いものから順次益金の額に算入されるものとする。
where the corporation has discontinued mining (excluding where it falls under the following item) or has ceased to fall under a domestic mining operator, etc.: the amount of the reserve for exploration or the amount of the reserve for overseas exploration as of the day of the discontinuation or of ceasing to fall under it;
where a merger in which that corporation is the merged corporation has taken place: the amount of the reserve for exploration or the amount of the reserve for overseas exploration immediately before the merger;
当該法人を被合併法人とする合併が行われた場合 その合併直前における探鉱準備金の金額又は海外探鉱準備金の金額
where the corporation has dissolved (excluding dissolution through a merger): the amount of the reserve for exploration or the amount of the reserve for overseas exploration as of the day of dissolution;
解散した場合（合併により解散した場合を除く。） その解散の日における探鉱準備金の金額又は海外探鉱準備金の金額
where the corporation has reversed the amount of the reserve for exploration or the amount of the reserve for overseas exploration in a case other than the cases referred to in the preceding paragraph, the preceding three items and the following paragraph: the amount equivalent to the amount reversed out of the amount of the reserve for exploration or the amount of the reserve for overseas exploration as of the day of the reversal.
Where a corporation that has set aside the reserve for exploration referred to in paragraph (1) or the reserve for overseas exploration referred to in paragraph (2) has had the approval for filing blue returns revoked, or has submitted a written notification to the effect that it will discontinue filing returns by blue return, the amount of the reserve for exploration or the amount of the reserve for overseas exploration as of the day on which the fact that gave rise to the revocation of the approval occurred (where it falls under any of the cases listed in the following items, the day specified in that item) or the day on which the written notification was submitted (where the day on which the written notification was submitted is after the end of the business year in which it discontinued filing returns by blue return, the end of that business year) is included in gross profit in calculating the amount of income for the business year that includes that day. In this case, the provisions of the preceding two paragraphs and paragraphs (10) through (12) do not apply.
第一項の探鉱準備金又は第二項の海外探鉱準備金を積み立てている法人が青色申告書の提出の承認を取り消され、又は青色申告書による申告をやめる旨の届出書の提出をした場合には、その承認の取消しの基因となつた事実のあつた日（次の各号に掲げる場合に該当する場合には、当該各号に定める日）又はその届出書の提出をした日（その届出書の提出をした日が青色申告書による申告をやめた事業年度終了の日後である場合には、同日）における探鉱準備金の金額又は海外探鉱準備金の金額は、その日を含む事業年度の所得の金額の計算上、益金の額に算入する。この場合においては、前二項及び第十項から第十二項までの規定は、適用しない。
where a group tax sharing corporation has received the notice under Article 127, paragraph (2) of the Corporation Tax Act pertaining to the disposition of that revocation: the day before the day on which it received the notice (where that day before is the day of the end of the business year of the group tax sharing parent corporation pertaining to that group tax sharing corporation, the day on which it received the notice);
通算法人がその取消しの処分に係る法人税法第百二十七条第二項の通知を受けた場合 その通知を受けた日の前日（当該前日が当該通算法人に係る通算親法人の事業年度終了の日であるときは、当該通知を受けた日）
where a corporation that was a group tax sharing corporation has received the notice under Article 127, paragraph (2) of the Corporation Tax Act pertaining to the disposition of that revocation: the day on which the fact that gave rise to the revocation of the approval occurred or the day before the day on which the approval under Article 64-9, paragraph (1) of that Act ceased to be effective (where that day before is the day of the end of the business year of the group tax sharing parent corporation pertaining to that corporation, the day on which the approval ceased to be effective), whichever is later.
通算法人であつた法人がその取消しの処分に係る法人税法第百二十七条第二項の通知を受けた場合 その承認の取消しの基因となつた事実のあつた日又は同法第六十四条の九第一項の規定による承認の効力を失つた日の前日（当該前日が当該法人に係る通算親法人の事業年度終了の日であるときは、当該効力を失つた日）のいずれか遅い日
The provisions of Article 56, paragraph (6) apply mutatis mutandis to the application of the provisions of paragraph (1) or paragraph (2).
Where a corporation that files a blue return and that engages in mining, in each business year that includes a day within the designated period prescribed in paragraph (1) (excluding each business year during liquidation), transfers a mining office to a successor corporation in a company split or a corporation receiving a capital contribution in kind through a qualified company split or a qualified capital contribution in kind (limited to where it also transfers the prospecting right for which the new mineral deposit exploration expenses prescribed in paragraph (3) are being expended), if, in preparation for the expenditure of new mineral deposit exploration expenses prescribed in paragraph (3) pertaining to minerals, it sets aside as a reserve for exploration an amount not exceeding the amount equivalent to the accumulation limit that would be calculated pursuant to the provisions of paragraph (1) if the time immediately before that qualified company split or qualified capital contribution in kind were the end of the business year, the amount so set aside is included in deductible expenses in calculating the amount of income for that business year.
青色申告書を提出する法人で鉱業を営むものが、第一項に規定する指定期間内の日を含む各事業年度（清算中の各事業年度を除く。）において、適格分割又は適格現物出資により分割承継法人又は被現物出資法人に鉱業事務所を移転する場合（第三項に規定する新鉱床探鉱費を支出している試掘権を併せて移転する場合に限る。）において、鉱物に係る第三項に規定する新鉱床探鉱費の支出に備えるため、当該適格分割又は適格現物出資の直前の時を事業年度終了の時とした場合に第一項の規定により計算される積立限度額に相当する金額以下の金額を探鉱準備金として積み立てたときは、その積み立てた金額は、当該事業年度の所得の金額の計算上、損金の額に算入する。
The provisions of the preceding paragraph apply only where the corporation prescribed in that paragraph has submitted, within two months after the date of the qualified company split or qualified capital contribution in kind, a document stating the amount of the reserve for exploration referred to in that paragraph and other matters specified by Order of the Ministry of Finance to the district director having jurisdiction over the place for tax payment.
The provisions of Article 55, paragraph (10), paragraph (11) and the first sentence of paragraph (12) apply mutatis mutandis where a qualified merger has taken place in which a corporation that has set aside the reserve for exploration referred to in paragraph (1) or the reserve for overseas exploration referred to in paragraph (2) is the merged corporation. In this case, the term "paragraph (3)" in the first sentence of paragraph (12) of that Article is deemed to be replaced with "Article 58, paragraph (4)".
The provisions of Article 55, paragraph (13), the first sentence of paragraph (14), paragraph (15) and the first sentence of paragraph (16) apply mutatis mutandis where a corporation that has set aside the reserve for exploration referred to in paragraph (1) or paragraph (8) has transferred a mining office to a successor corporation in a company split through a qualified company split (limited to where it has also transferred the prospecting right for which the new mineral deposit exploration expenses prescribed in paragraph (3) are being expended). In this case, the term "paragraph (3)" in the first sentence of paragraph (14) and the first sentence of paragraph (16) of that Article is deemed to be replaced with "Article 58, paragraph (4)".
The provisions of Article 55, paragraph (17), the first sentence of paragraph (18), paragraph (19) and the first sentence of paragraph (20) apply mutatis mutandis where a corporation that has set aside the reserve for exploration referred to in paragraph (1) or paragraph (8) has transferred a mining office to a corporation receiving a capital contribution in kind through a qualified capital contribution in kind (limited to where it has also transferred the prospecting right for which the new mineral deposit exploration expenses prescribed in paragraph (3) are being expended). In this case, the term "paragraph (3)" in the first sentence of paragraph (18) and the first sentence of paragraph (20) of that Article is deemed to be replaced with "Article 58, paragraph (4)".
With regard to the specified shares, etc. referred to in Article 55, paragraph (2), item (vi) of an overseas independent development corporation prescribed in paragraph (2) that are acquired within the designated period by a corporation that falls under a domestic mining operator, etc., the provisions of paragraph (1) and paragraph (8) of that Article do not apply.
Beyond what is provided for in paragraph (7) and the preceding paragraph, the calculation of the accumulation limit in the case where the provisions of paragraph (8) have been applied, and other necessary matters concerning the application of the provisions of paragraphs (1) through (6) and paragraphs (8) through (12) are specified by Cabinet Order.
第七項及び前項に定めるもののほか、第八項の規定の適用を受けた場合における積立限度額の計算その他第一項から第六項まで及び第八項から第十二項までの規定の適用に関し必要な事項は、政令で定める。