The methods of valuation that may be selected, pursuant to Article 48, paragraph (1) (Calculation of Costs of Transferred Securities and Valuation Methods) of the Act, for calculating the assessed value of Securities held on December 31 of that year (where the Resident referred to in that paragraph dies or begins an Absence From Japan during the year, the time of that death or of the start of that Absence From Japan; the same applies hereinafter in this Article) (hereinafter in this paragraph referred to as "year-end Securities") are methods of calculating the acquisition price of the year-end Securities by any one of the following methods and taking the acquisition price so calculated as the assessed value of those year-end Securities.
the total average method (meaning a method of distinguishing Securities by differences in kind and issue (hereinafter in this paragraph referred to as "types, etc."), and, for items of the same types, etc., taking as the acquisition price per unit the price calculated by dividing the sum of the total amount of the acquisition price of Securities of the same types, etc. held on January 1 of that year and the total amount of the acquisition price of Securities of the same types, etc. acquired during that year by the total number of those Securities);
総平均法（有価証券をその種類及び銘柄（以下この項において「種類等」という。）の異なるごとに区別し、その種類等の同じものについて、その年一月一日において有していた種類等を同じくする有価証券の取得価額の総額とその年中に取得した種類等を同じくする有価証券の取得価額の総額との合計額をこれらの有価証券の総数で除して計算した価額をその一単位当たりの取得価額とする方法をいう。）
the moving average method (meaning a method of distinguishing Securities by differences in types, etc., and, for items of the same types, etc., regarding the initial acquisition price per unit as having been revised, where Securities of the same types, etc. are acquired again, to the average unit price calculated on the basis of the numbers and acquisition prices of the Securities held at the time of that acquisition and the Securities so acquired, regarding the acquisition price per unit as having been revised by the same method each time Securities of the same types, etc. are acquired thereafter, and taking as the acquisition price per unit the acquisition price per unit regarded as having been revised on the day nearest to December 31 of that year).
移動平均法（有価証券をその種類等の異なるごとに区別し、その種類等の同じものについて、当初の一単位当たりの取得価額が、種類等を同じくする有価証券を再び取得した場合にはその取得の時において有する当該有価証券とその取得した有価証券との数及び取得価額を基礎として算出した平均単価によつて改定されたものとみなし、以後種類等を同じくする有価証券を取得する都度同様の方法により一単位当たりの取得価額が改定されたものとみなし、その年十二月三十一日から最も近い日において改定されたものとみなされた一単位当たりの取得価額をその一単位当たりの取得価額とする方法をいう。）
In the case where, in the middle of a year, an event prescribed in Articles 110 through 116 (Acquisition Price of Shares, etc. in Cases of Share Splits, etc.) (hereinafter in this paragraph referred to as an "event") occurs with respect to shares held by a Resident (including capital contributions and investment units prescribed in Article 2, paragraph (14) (Definitions) of the Act on Investment Trusts and Investment Corporations) or beneficial interests in an Investment Trust or a Specified Trust That Issues Beneficiary Certificates, the day on which that event occurred (or, if events occurred two or more times during that year, the event on the day nearest to December 31 of that year) is deemed to be January 1 of that year, and the assessed value of those shares or beneficial interests under the provisions of the preceding paragraph is to be calculated for each year on or after that year.
居住者の有する株式（出資及び投資信託及び投資法人に関する法律第二条第十四項（定義）に規定する投資口を含む。）又は投資信託若しくは特定受益証券発行信託の受益権について、その年の中途において第百十条から第百十六条まで（株式の分割等の場合の株式等の取得価額）に規定する事実（以下この項において「事実」という。）があつた場合には、当該事実（その年中に二回以上にわたつて事実があつた場合には、その年十二月三十一日から最も近い日における事実）があつた日をその年一月一日とみなして、その年以後の各年における前項の規定による当該株式又は受益権の評価額の計算をするものとする。
Read this with the articles around it
year-end securitiesmachine translation
「期末有価証券」
In Article 105, paragraph (1), the securities a resident holds on 31 December of the year (or at death or departure from Japan during the year), whose value is worked out by the total average method or the moving average method.
Short name set inArticle 105, paragraph (1)· applies only in this paragraph
types, etc.machine translation
「種類等」
The kind and brand (銘柄) of securities, by which securities are grouped under the total average method (総平均法) of valuing them.
Short name set inArticle 105, paragraph (1), item (i)· applies only in this paragraph
eventmachine translation
「事実」
Any of the events set out in Articles 110 to 116 — a share split or consolidation, an allotment of shares to shareholders, a merger, a company split, a return of capital, an entity conversion and the like — that change the acquisition cost of the shares, investment units or trust beneficial interests a resident holds.
Short name set inArticle 105, paragraph (2)· applies only in this paragraph