①Ordinary corporations, cooperatives, etc., and public interest corporations, etc. and associations or foundations without juridical personality that conduct a profit-making business (excluding those that have obtained the approval of the district director for filing a Blue Return; referred to as "ordinary corporations, etc." in the following paragraph) must, as specified by Ministry of Finance Order, keep books, record their transactions (for a foreign corporation having a permanent establishment, including those that fall under internal transactions prescribed in Article 138, paragraph (1), item (i) (Domestic Source Income); hereinafter the same applies in this paragraph) in those books by a simplified method specified by Ministry of Finance Order, and preserve those books (including documents prepared or received with regard to those transactions and documents prepared with regard to the closing of accounts which are specified by Ministry of Finance Order; the same applies in the following paragraph).

②When conducting an examination with regard to the corporation tax of an ordinary corporation, etc. (excluding corporation tax on the international minimum tax amount for each covered fiscal year and corporation tax on the international minimum tax residual amount for each covered fiscal year), the relevant official of the National Tax Agency, a Regional Taxation Bureau or a tax office is to inspect the books referred to in the preceding paragraph; provided, however, that this does not apply if there are circumstances that make it difficult to inspect those books.