# 法人税法 / Corporation Tax Act — 第六十一条の三 (Article 61-3) - Law: 法人税法 (Corporation Tax Act), 昭和四十年法律第三十四号 - English title "Corporation Tax Act": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第六十一条の三 (Article 61-3)（売買目的有価証券の評価益又は評価損の益金又は損金算入等） — address `art-61-3` - Text in force since: 2026-10-01 - URL (the page that opens at this provision): https://japanlaw.org/ja/corporation-tax-act/art-61-3 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/340AC0000000034/art-61-3 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第六十一条の三（売買目的有価証券の評価益又は評価損の益金又は損金算入等） — (Inclusion of Valuation Gains or Losses on Securities for Buying and Selling in Gross Profits or Deductible Expenses) caption: Ministry of Justice translation — Japanese Law Translation Database System art-61-3 · https://japanlaw.org/ja/corporation-tax-act/art-61-3 · https://japanlaw.org/l/340AC0000000034/art-61-3 **第一項** 内国法人が事業年度終了の時において有する有価証券については、次の各号に掲げる有価証券の区分に応じ当該各号に定める金額をもつて、その時における評価額とする。 art-61-3/par-1 · https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-1 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-1 With regard to securities held by a domestic corporation as of the end of a business year, the amounts prescribed in the following items, in accordance with the category of the securities listed as follows, are to be their fair value at that time: Ministry of Justice translation — Japanese Law Translation Database System **一** 売買目的有価証券（短期的な価格の変動を利用して利益を得る目的で取得した有価証券として政令で定めるものをいう。以下第三項までにおいて同じ。）　当該売買目的有価証券を時価法（事業年度終了の時において有する有価証券を銘柄の異なるごとに区別し、その銘柄の同じものについて、その時における価額として政令で定めるところにより計算した金額をもつて当該有価証券のその時における評価額とする方法をいう。）により評価した金額（次項において「時価評価金額」という。） art-61-3/par-1/item-1 · https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-1/item-1 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-1/item-1 Securities for Buying and Selling (meaning the securities specified by Cabinet Order as those acquired for the purpose of profit from short-term price fluctuations; hereinafter the same applies through paragraph (3)): the amount evaluated by the fair value method (meaning the method by categorizing securities held as of the end of a business year by issue and calculating the current value of securities of the same issue as specified by Cabinet Order, and thereby deeming the calculated amount to be their fair value at that time) with regard to the Securities for Buying and Selling (referred to as the "fair value" in the following paragraph); or machine translation, not official **二** 売買目的外有価証券（売買目的有価証券以外の有価証券をいう。）　当該売買目的外有価証券を原価法（事業年度終了の時において有する有価証券（以下この号において「期末保有有価証券」という。）について、その時における帳簿価額（償還期限及び償還金額の定めのある有価証券にあつては、政令で定めるところにより当該帳簿価額と当該償還金額との差額のうち当該事業年度に配分すべき金額を加算し、又は減算した金額）をもつて当該期末保有有価証券のその時における評価額とする方法をいう。）により評価した金額 art-61-3/par-1/item-2 · https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-1/item-2 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-1/item-2 securities not for buying and selling (meaning securities other than securities for buying and selling):The amount evaluated by the cost method (meaning the method deeming that the book value of the securities held as of the end of a business year (hereinafter referred to as "securities held at the end of the period" in this item) at that time (with regard to securities with provisions concerning the redemption date and redemption price, the amount adding or subtracting the portion of the difference between the book value and the redemption price that is to be allotted to the business year, as specified by Cabinet Order) to be the fair value at that time of the securities held at the end of the period). Ministry of Justice translation — Japanese Law Translation Database System **第二項** 内国法人が事業年度終了の時において売買目的有価証券を有する場合には、当該売買目的有価証券に係る評価益（当該売買目的有価証券の時価評価金額が当該売買目的有価証券のその時における帳簿価額（以下この項において「期末帳簿価額」という。）を超える場合におけるその超える部分の金額をいう。次項において同じ。）又は評価損（当該売買目的有価証券の期末帳簿価額が当該売買目的有価証券の時価評価金額を超える場合におけるその超える部分の金額をいう。次項において同じ。）は、第二十五条第一項（資産の評価益の益金不算入）又は第三十三条第一項（資産の評価損の損金不算入）の規定にかかわらず、当該事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。 art-61-3/par-2 · https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-2 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-2 In the case where a domestic corporation holds Securities for Buying and Selling as of the end of a business year, the valuation gain therefrom (meaning, in the case where the fair value of the Securities for Buying and Selling exceeds their book value at that time (hereinafter referred to as the "book value at the end of the period" in this paragraph), the amount of the excess; the same applies in the following paragraph) or a valuation loss therefrom (meaning, in the case where the book value at the end of the period of the Securities for Buying and Selling exceeds their fair value, the amount of the excess; the same applies in the following paragraph) is included in gross profits or deductible expenses, when calculating the amount of income for the business year, notwithstanding the provisions of Article 25, paragraph (1) (Exclusion of Asset Valuation Gains from Gross Profits) or Article 33, paragraph (1) (Exclusion of Valuation Loss on Assets from Deductible Expenses). machine translation, not official **第三項** 内国法人が適格分割、適格現物出資又は適格現物分配（適格現物分配にあつては、残余財産の全部の分配を除く。以下この項において「適格分割等」という。）により分割承継法人、被現物出資法人又は被現物分配法人に売買目的有価証券を移転する場合には、当該適格分割等の日の前日を事業年度終了の日とした場合に前項の規定により計算される当該売買目的有価証券に係る評価益又は評価損に相当する金額は、第二十五条第一項又は第三十三条第一項の規定にかかわらず、当該適格分割等の日の属する事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。 art-61-3/par-3 · https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-3 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-3 In the case where a domestic corporation transfers Securities for Buying and Selling to a succeeding corporation in a company split, corporation receiving a capital contribution in kind or corporation receiving a distribution in kind as a result of a qualified company split, qualified capital contribution in kind or qualified in-kind distribution (for a qualified in-kind distribution, excluding a distribution of all residual assets; hereinafter referred to as a "qualified company split, etc." in this paragraph), the amount equivalent to the valuation gain or valuation loss on the Securities for Buying and Selling that would be calculated under the provisions of the preceding paragraph if the day preceding the date of the qualified company split, etc. were the last day of the business year is included in gross profits or deductible expenses, when calculating the amount of income for the business year containing the date of the qualified company split, etc., notwithstanding the provisions of Article 25, paragraph (1) or Article 33, paragraph (1). machine translation, not official **第四項** 第二項に規定する評価益又は評価損の翌事業年度における処理その他前三項の規定の適用に関し必要な事項は、政令で定める。 art-61-3/par-4 · https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-4 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-4 Disposition of valuation gain or loss prescribed in paragraph (2) in the following business year, and other necessary matters concerning the application of the provisions of the preceding three paragraphs are specified by Cabinet Order. machine translation, not official --- ## Cites - art-61-3/par-1/item-1: 第三項 → 法人税法 第六十一条の三第三項 (Article 61-3, paragraph (3)), art-61-3/par-3 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-3 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-3 - art-61-3/par-1/item-1: 次項 → 法人税法 第六十一条の三第二項 (Article 61-3, paragraph (2)), art-61-3/par-2 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-2 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-2 - art-61-3/par-1/item-2: この号 → 法人税法 第六十一条の三第一項第二号 (Article 61-3, paragraph (1), item (ii)), art-61-3/par-1/item-2 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-1/item-2 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-1/item-2 - art-61-3/par-2: 次項 → 法人税法 第六十一条の三第三項 (Article 61-3, paragraph (3)), art-61-3/par-3 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-3 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-3 - art-61-3/par-2: 第三十三条第一項 → 法人税法 第三十三条第一項 (Article 33, paragraph (1)), art-33/par-1 — https://japanlaw.org/ja/corporation-tax-act/art-33/par-1 · https://japanlaw.org/l/340AC0000000034/art-33/par-1 - art-61-3/par-2: この項 → 法人税法 第六十一条の三第二項 (Article 61-3, paragraph (2)), art-61-3/par-2 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-2 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-2 - art-61-3/par-2: 第二十五条第一項 → 法人税法 第二十五条第一項 (Article 25, paragraph (1)), art-25/par-1 — https://japanlaw.org/ja/corporation-tax-act/art-25/par-1 · https://japanlaw.org/l/340AC0000000034/art-25/par-1 - art-61-3/par-3: この項 → 法人税法 第六十一条の三第三項 (Article 61-3, paragraph (3)), art-61-3/par-3 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-3 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-3 - art-61-3/par-3: 第三十三条第一項 → 法人税法 第三十三条第一項 (Article 33, paragraph (1)), art-33/par-1 — https://japanlaw.org/ja/corporation-tax-act/art-33/par-1 · https://japanlaw.org/l/340AC0000000034/art-33/par-1 - art-61-3/par-3: 前項 → 法人税法 第六十一条の三第二項 (Article 61-3, paragraph (2)), art-61-3/par-2 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-2 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-2 - art-61-3/par-3: 第二十五条第一項 → 法人税法 第二十五条第一項 (Article 25, paragraph (1)), art-25/par-1 — https://japanlaw.org/ja/corporation-tax-act/art-25/par-1 · https://japanlaw.org/l/340AC0000000034/art-25/par-1 - art-61-3/par-4: 前三項 → 法人税法 第六十一条の三第一項 (Article 61-3, paragraph (1)), art-61-3/par-1 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-1 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-1 - art-61-3/par-4: 前三項 → 法人税法 第六十一条の三第三項 (Article 61-3, paragraph (3)), art-61-3/par-3 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-3 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-3 - art-61-3/par-4: 第二項 → 法人税法 第六十一条の三第二項 (Article 61-3, paragraph (2)), art-61-3/par-2 — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-2 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-2 ## Cited by 14 provisions cite this one. No official source publishes this direction. - 法人税法 第六十一条の二第二十三項（有価証券の譲渡益又は譲渡損の益金又は損金算入） — https://japanlaw.org/ja/corporation-tax-act/art-61-2/par-23 · https://japanlaw.org/l/340AC0000000034/art-61-2/par-23 - 法人税法 第六十一条の三第一項第一号（売買目的有価証券の評価益又は評価損の益金又は損金算入等） — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-1/item-1 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-1/item-1 - 法人税法 第六十一条の三第一項第二号（売買目的有価証券の評価益又は評価損の益金又は損金算入等） — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-1/item-2 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-1/item-2 - 法人税法 第六十一条の三第二項（売買目的有価証券の評価益又は評価損の益金又は損金算入等） — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-2 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-2 - 法人税法 第六十一条の三第三項（売買目的有価証券の評価益又は評価損の益金又は損金算入等） — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-3 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-3 - 法人税法 第六十一条の三第四項（売買目的有価証券の評価益又は評価損の益金又は損金算入等） — https://japanlaw.org/ja/corporation-tax-act/art-61-3/par-4 · https://japanlaw.org/l/340AC0000000034/art-61-3/par-4 - 法人税法 第六十一条の四第一項（有価証券の空売り等に係る利益相当額又は損失相当額の益金又は損金算入等） — https://japanlaw.org/ja/corporation-tax-act/art-61-4/par-1 · https://japanlaw.org/l/340AC0000000034/art-61-4/par-1 - 法人税法 第六十一条の六第一項第一号（繰延ヘッジ処理による利益額又は損失額の繰延べ） — https://japanlaw.org/ja/corporation-tax-act/art-61-6/par-1/item-1 · https://japanlaw.org/l/340AC0000000034/art-61-6/par-1/item-1 - 法人税法 第六十一条の七第一項（時価ヘッジ処理による売買目的外有価証券の評価益又は評価損の計上） — https://japanlaw.org/ja/corporation-tax-act/art-61-7/par-1 · https://japanlaw.org/l/340AC0000000034/art-61-7/par-1 - 法人税法 第六十一条の八第二項（外貨建取引の換算） — https://japanlaw.org/ja/corporation-tax-act/art-61-8/par-2 · https://japanlaw.org/l/340AC0000000034/art-61-8/par-2 - 法人税法 第六十一条の九第一項第二号イ（外貨建資産等の期末換算差益又は期末換算差損の益金又は損金算入等） — https://japanlaw.org/ja/corporation-tax-act/art-61-9/par-1/item-2/sub-1 · https://japanlaw.org/l/340AC0000000034/art-61-9/par-1/item-2/sub-1 - 法人税法 第六十一条の九第一項第二号ロ（外貨建資産等の期末換算差益又は期末換算差損の益金又は損金算入等） — https://japanlaw.org/ja/corporation-tax-act/art-61-9/par-1/item-2/sub-2 · https://japanlaw.org/l/340AC0000000034/art-61-9/par-1/item-2/sub-2 - 法人税法 第六十一条の十第一項（為替予約差額の配分） — https://japanlaw.org/ja/corporation-tax-act/art-61-10/par-1 · https://japanlaw.org/l/340AC0000000034/art-61-10/par-1 - 法人税法 第百四十二条の八第一項（恒久的施設の閉鎖に伴う資産の時価評価損益） — https://japanlaw.org/ja/corporation-tax-act/art-142-8/par-1 · https://japanlaw.org/l/340AC0000000034/art-142-8/par-1 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 法人税法 — the text in force from 2026-10-01 (https://laws.e-gov.go.jp/law/340AC0000000034/20261001_508AC0000000012), retrieved 2026-10-08 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Corporation Tax Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/3115/tb), retrieved 2026-10-08 - claude-opus-5-5 — Machine translation, batch corporation-tax-act-20261008T111236-019, translated 2026-10-08 - claude-opus-5-5 — Machine translation, batch corporation-tax-act-20261008T121854-001, translated 2026-10-08 - This site's parser, version 165 — 法人税法 — structure, counts, cross-references and defined terms, computed 2026-10-08