一Savings of workers or mariners that are managed pursuant to Article 18 (Management of Savings, etc.) of the Labor Standards Act (Act No. 49 of 1947) or Article 34 (Management of Savings, etc.) of the Mariners Act (Act No. 100 of 1947);

二Savings of members with an association prescribed in Article 98 (Welfare Services) of the National Public Officers Mutual Aid Association Act (Act No. 128 of 1958) or Article 112, paragraph (1) (Welfare Services) of the Local Public Officers, etc. Mutual Aid Association Act (Act No. 152 of 1962), or savings of members with the corporation prescribed in Article 26, paragraph (1) (Welfare Services) of the Private School Personnel Mutual Aid Association Act (Act No. 245 of 1953);

三Deposits with a financial instruments business operator prescribed in Article 2, paragraph (9) (Definitions) of the Financial Instruments and Exchange Act (Act No. 25 of 1948) (limited to a person who conducts type-I financial instruments business prescribed in Article 28, paragraph (1) (General Provisions) of that Act) that are for the purchase of Securities under a workers' property accumulation savings contract, workers' property accumulation pension savings contract, or workers' housing property accumulation savings contract prescribed in Article 6, paragraph (1), (2), or (4) (Workers' Property Accumulation Savings Contracts, etc.) of the Workers' Property Accumulation Promotion Act (Act No. 92 of 1971).

一The following individuals:

イA relative of that settlor used for the test;

ロA person who has not filed a notification of marriage with that settlor used for the test but is in circumstances equivalent to a de facto marital relationship;

ハAn employee of that settlor used for the test;

ニA person other than those listed in (a) through (c) who maintains their livelihood by money or other assets received from that settlor used for the test;

ホA relative of the persons listed in (b) through (d) who shares a livelihood with those persons;

二That other person, in the case where there is a relationship between that settlor used for the test and another person in which either one of them (where that person is an individual, including an individual who has a special relationship prescribed in Article 4, paragraph (1) (Scope of Related Parties of a Family Company) of the Order for the Enforcement of the Corporation Tax Act (Cabinet Order No. 97 of 1965) with that person) directly or indirectly controls the other (limited to a corporation);

三That other person, in the case where there is a relationship between that settlor used for the test and another person (limited to a corporation) in which the same person (where that person is an individual, including an individual who has a special relationship prescribed in Article 4, paragraph (1) of the Order for the Enforcement of the Corporation Tax Act with that person) directly or indirectly controls both that settlor used for the test and that other person.

一That corporation, in the case where that one person controls a corporation (meaning the case of controlling a corporation prescribed in Article 14-2, paragraph (2), item (i) (Trusts for Which the Settlors Are Not Substantially Numerous) of the Order for the Enforcement of the Corporation Tax Act);

二That other corporation, in the case where a corporation set forth in the preceding item or the following item, or that one person and a corporation set forth in the preceding item or the following item, control another corporation (meaning the case of controlling another corporation prescribed in Article 14-2, paragraph (2), item (ii) of the Order for the Enforcement of the Corporation Tax Act);

三That other corporation, in the case where a corporation set forth in the preceding item, or that one person and a corporation set forth in that item, control another corporation (meaning the case of controlling another corporation prescribed in Article 14-2, paragraph (2), item (iii) of the Order for the Enforcement of the Corporation Tax Act).

一Public and corporate bonds;

二Bills;

三Monetary claims (excluding claims relating to order securities prescribed in Part III, Chapter I, Section 7, Subsection 1 (Order Securities) of the Civil Code (Act No. 89 of 1896), registered securities payable to holder prescribed in Subsection 2 (Registered Securities Payable to Holder) of that Section, other registered securities prescribed in Subsection 3 (Other Registered Securities) of that Section, and bearer securities prescribed in Subsection 4 (Bearer Securities) of that Section, and excluding electronically recorded monetary claims prescribed in Article 2, paragraph (1) (Definitions) of the Electronically Recorded Monetary Claims Act (Act No. 102 of 2007));

四Jointly Managed Trusts.

一That the Investment Trust is one the purpose of which is to manage its trust property as investment in the assets listed in items (i) through (iii) of the preceding paragraph, and that manages its trust property only in the assets listed in the items of that paragraph;

二That the Investment Trust deed of the Investment Trust (meaning a trust deed for an Investment Trust under instructions from the settlor prescribed in Article 4, paragraph (1) (Conclusion of Investment Trust Contracts) of the Act on Investment Trusts and Investment Corporations or a trust deed for an Investment Trust not under instructions from the settlor prescribed in Article 49, paragraph (1) (Conclusion of Investment Trust Contracts) of that Act; the same applies in the following Article) or another similar document contains a provision to the effect that the Investment Trust is an Investment Trust prescribed in the preceding item.

一Goods or products (including by-products and work scraps);

二Semi-finished products;

三Work in process (including partially completed construction);

四Principal raw materials;

五Auxiliary raw materials;

六Consumables that are in storage;

七Anything equivalent to the assets listed in the preceding items.

一Rights to be represented on the Securities listed in Article 2, paragraph (1), items (i) through (xv) (Definitions) of the Financial Instruments and Exchange Act and on the Securities listed in item (xvii) of that paragraph (excluding those having the nature of the Securities listed in item (xvi) of that paragraph) (limited to those for which those Securities have not been issued, and excluding specified trust beneficial interests prescribed in Article 2, paragraph (9) (Definitions) of the Payment Services Act (Act No. 59 of 2009));

二Equity interests of members of a general partnership company, limited partnership company, or limited liability company, equity interests of cooperative members or members of a cooperative, etc. prescribed in Article 2, item (vii) (Definitions) of the Corporation Tax Act (Act No. 34 of 1965), and other equity interests of investors in a corporation;

三The right to become a shareholder or a unitholder (meaning a unitholder prescribed in Article 2, paragraph (16) (Definitions) of the Act on Investment Trusts and Investment Corporations), the right to become a preferred equity investor (meaning a preferred equity investor in Article 13, paragraph (1) (Time of Becoming a Preferred Equity Investor, etc.) of the Act on Preferred Equity Investment by Cooperative Structured Financial Institution (Act No. 44 of 1993)), the right to become a specified member (meaning a specified member prescribed in Article 2, paragraph (5) (Definitions) of the Act on the Securitization of Assets (Act No. 105 of 1998)) or a preferred equity member (meaning a preferred equity member prescribed in Article 26 (Members) of that Act), and other rights to become an investor in a corporation.

一land (including rights existing on land);

二assets listed in the items of the following Article;

三telephone subscription rights;

四anything equivalent to the assets listed in the preceding three items.