# Article 55-5, paragraph (3), 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-55-5/par-3. 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 55-5, paragraph (3) (第五十五条の五第三項) 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 55-5, paragraph (3) (第五十五条の五第三項) — https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act/art-55-5/par-3 (as Markdown: https://japanlaw.org/md/en/foreign-exchange-and-foreign-trade-act/art-55-5/par-3)
- 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:

> 外国投資家以外の者（法人その他の団体を含む。）が外国投資家のために当該外国投資家の名義によらないで行う対内直接投資等又は特定取得に相当するものについては、当該外国投資家以外の者を外国投資家とみなして、第一項の規定を適用する。

English (Japanese Law Translation, Ministry of Justice):

> A person (including a corporation or any other organization) not constituting a foreign investor is deemed to be a foreign investor in connection with any action comparable to an inward direct investment or equivalent action or a specified acquisition which that person conducts on behalf of a foreign investor but not in the name of that foreign investor, and the provisions of paragraph (1) apply.

## 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:

> 外国投資家以外の者（法人その他の団体を含む。）が非居住者等のために当該非居住者等の名義によらないで行う対内直接投資等又は特定取得に相当するもののうち次に掲げるものについては、当該外国投資家以外の者を外国投資家とみなして、第一項の規定を適用する。

English (Machine translation, corrected on review, not official):

> A person (including a corporation or any other organization) not constituting a foreign investor is deemed to be a foreign investor in connection with any of the following actions comparable to an inward direct investment or equivalent action or a specified acquisition which that person conducts on behalf of a non-resident, etc. but not in the name of that non-resident, etc., and the provisions of paragraph (1) apply.

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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)