# Article 28, paragraph (1), its wordings — Foreign Exchange and Foreign Trade Act

This is the Markdown twin of https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act/history/art-28/par-1. Every law, and how to address a provision: https://japanlaw.org/llms.txt. The same laws as MCP tools (no sign-in): https://japanlaw.org/mcp.

How the wording of Article 28, paragraph (1) (第二十八条第一項) changed with each amendment, and how it will change.

- Law: Foreign Exchange and Foreign Trade Act (外国為替及び外国貿易法) — https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act
- Provision: Article 28, paragraph (1) (第二十八条第一項) — https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act/art-28/par-1 (as Markdown: https://japanlaw.org/md/en/foreign-exchange-and-foreign-trade-act/art-28/par-1)
- The law's amendments: https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act/amendments
- 2 wordings, oldest first.

## 1. Before Act No. 30 of 2026

- State: In force

Japanese:

> 外国投資家は、特定取得（第二十六条第三項に規定する特定取得をいい、相続、遺贈、法人の合併その他の事情を勘案して政令で定めるものを除く。以下同じ。）のうち第三項の規定による審査が必要となる特定取得に該当するおそれがあるものとして政令で定めるものを行おうとするときは、政令で定めるところにより、あらかじめ、当該特定取得について、事業目的、金額、実行の時期その他の政令で定める事項を財務大臣及び事業所管大臣に届け出なければならない。

English (Japanese Law Translation, Ministry of Justice):

> Before a foreign investor conducts a specified acquisition (meaning a specified acquisition as provided in Article 26, paragraph (3), and excluding a specified acquisition as prescribed by Cabinet Order in consideration of inheritance, bequest, merger of a corporation, or any other circumstances; the same applies hereinafter) prescribed by Cabinet Order as being likely to constitute a specified acquisition that requires the examination under paragraph (3), the foreign investor must first file a notification of the business purpose of the specified acquisition, its amount, its timing, and any other information that Cabinet Order prescribes with the Minister of Finance and the competent minister for the business, pursuant to the provisions of Cabinet Order.

## 2. 4 January 2027 — Act No. 30 of 2026

- State: Not yet in force
- Takes effect: 4 January 2027
- The amendment: Reworded (Act No. 30 of 2026) — https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act/amendments/20270104_508AC0000000030

Japanese:

> 外国投資家は、特定取得（第二十六条第三項に規定する特定取得をいい、相続、遺贈、法人の合併その他の事情を勘案して政令で定めるものを除く。第二十九条の二及び第六十九条の四を除き、以下同じ。）のうち第三項の規定による審査が必要となる特定取得に該当するおそれがあるものとして政令で定めるものを行おうとするときは、政令で定めるところにより、あらかじめ、当該特定取得について、次に掲げる事項（第四号に掲げる事項にあつては、当該外国投資家が同号に規定する国の安全に係る措置を講ずる場合に限る。）を財務大臣及び事業所管大臣に届け出なければならない。

English (Machine translation, not official):

> Before a foreign investor conducts a specified acquisition (meaning a specified acquisition as provided in Article 26, paragraph (3), and excluding a specified acquisition as prescribed by Cabinet Order in consideration of inheritance, bequest, merger of a corporation, or any other circumstances; the same applies hereinafter, except in Article 29-2 and Article 69-4) prescribed by Cabinet Order as being likely to constitute a specified acquisition that requires the examination under paragraph (3), the foreign investor must first file a notification of the following matters (limited, as for the matter stated in item (iv), to the case where the foreign investor takes the measure relating to national security provided for in that item) concerning that specified acquisition with the Minister of Finance and the competent minister for the business, pursuant to the provisions of Cabinet Order:

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## Sources

- The dates and the amending laws: e-Gov (Digital Agency) (https://laws.e-gov.go.jp/law/324AC0000000228)
- English name of the law: Japanese Law Translation, Ministry of Justice (https://www.japaneselawtranslation.go.jp/en/laws/view/4857/tb)
- English titles of the amending laws: Written for this site with AI
- The Japanese text before: e-Gov (Digital Agency) (https://laws.e-gov.go.jp/law/324AC0000000228/20260812_508AC0000000064)
- The Japanese text after: e-Gov (Digital Agency) (https://laws.e-gov.go.jp/law/324AC0000000228/20270104_508AC0000000030)