一it is a corporation (this includes an association or a foundation that is without legal personality but that has a representative or administrator, but it excludes a corporation incorporated under the law of a foreign state or any other foreign organization; the same applies in item (iv), (d));

二it is not a person whose designation under the provisions of this paragraph has been rescinded pursuant to the provisions of Article 35-3-54, paragraph (1) and that is yet to have five years pass since the date of the rescission; and

三it is not a person that has been sentenced to a fine (including an equivalent punishment under a foreign law or regulation) for violating the provisions of this Act, the Act on the Protection of Personal Information (Act No. 57 of 2003) or an equivalent foreign law or regulation, and that is yet to have five years pass since it finished serving the sentence or ceased to be subject to its enforcement;

四it does not have an officer (this means a member that executes business (if a member that executes business is a corporation, this includes the person that performs its duties as a member), a director, executive officer, accounting advisor (if an accounting advisor is a corporation, this includes the member that performs its duties as an accounting advisor), auditor, representative, or administrator, or a person equivalent to any of these; the same applies below in this Subsection and Subsection 3) that falls under one of the following:

イa person specified by Order of the Ministry of Economy, Trade and Industry as being unable to cope with the execution of its duties due to a mental or physical disorder;

ロa person that has not had rights restored after receiving a ruling of commencement of bankruptcy proceedings, or a person that is treated in the same manner as that person under the laws and regulations of a foreign state;

ハa person that has been sentenced to imprisonment or a heavier punishment (including equivalent punishment under a foreign law or regulation), if five years have not yet passed since the person finished serving the sentence or ceased to be subject to its enforcement;

ニa person that, during the 30 days before the date of rescission, was the officer (including a person treated in the same manner under foreign laws and regulations; the same applies in (e)) of a corporation, in a case in which a designation under this paragraph has been rescinded pursuant to the provisions of Article 35-3-54, paragraph (1) or in which an administrative disposition which is similar to that designation and which the corporation has received in a foreign state pursuant to the provisions of a foreign law or regulation that is equivalent to this Act, has been rescinded, if five years have not yet passed since the date of the rescission;

ホan officer whose dismissal has been ordered pursuant to the provisions of Article 35-3-54, paragraph (1) or of a foreign law or regulation that is equivalent to this Act, if five years have not yet passed since the date of that disposition; and

ヘa person that has been sentenced to a fine (including an equivalent punishment under a foreign law or regulation) for violating the provisions of this Act, the Act on the Protection of Personal Information, or an equivalent foreign law or regulation, if five years have not yet passed since the person finished serving the sentence or ceased to be subject to its enforcement.

五the scope specified by Order of the Ministry of Economy, Trade and Industry as the scope of specified credit information it handles conforms to the standards specified by Order of the Ministry of Economy, Trade and Industry as sufficient for allowing it to perform specified credit information services appropriately and efficiently;

六it is found to have the financial basis that is found to be necessary to allow it to perform specified credit information services as specified by Order of the Ministry of Economy, Trade and Industry; and

七in light of its personnel structure, it is found to have sufficient knowledge and experience for performing specified credit information services appropriately and reliably, and to have sufficient social credibility.

一its trade name or name;

二the name and location of its principal business office or office or of the business office or office where it conducts specified credit information services;

三the names or trade names of its officers; and

四if it does business other than in specified credit information services and business incidental to it, the content of that business.

一a document pledging that the applicant falls under the requirements stated in paragraph (1), items (iii) and (iv) of the preceding Article;

二the articles of incorporation and the corporation's certificate of registered information (including documents equivalent to these);

三its operational rules;

四an inventory of property, balance sheet, profit and loss statement, or income and expenditure statement, and business report; and

五documents other than those stated in the preceding items, which are specified by Order of the Ministry of Economy, Trade and Industry.