Article 88-2The documents to be specified by Cabinet Office Order, as provided in Article 136-2, paragraph (1) of the Act, are as follows:

Article 88-3The matters to be specified by Cabinet Office Order, as provided in the main clause of Article 137, paragraph (1) of the Act (including the cases where it is applied mutatis mutandis pursuant to Article 251, paragraphs (2) and (3) of the Act following the deemed replacement of terms and the cases where it is applied mutatis mutandis pursuant to the provisions of Article 270-4, paragraph (9) of the Act following the deemed replacement of terms), are the following matters (in cases where the main clause of Article 137, paragraph (1) of the Act is applied pursuant to the provisions of Article 251, paragraphs (2) and (3) of the Act following the deemed replacement of terms, and in cases where the main clause of Article 137, paragraph (1) of the Act is applied mutatis mutandis pursuant to the provisions of Article 270-4, paragraph (9) of the Act following the deemed replacement of terms, the matters set forth in items (i) and (ii)):

Article 88-4The cases to be specified by Cabinet Office Order, as provided in the proviso to Article 137, paragraph (1) of the Act, are the cases which satisfy all of the following requirements:

Article 89The amount to be specified by Cabinet Office Order, as provided in Article 137, paragraph (3) of the Act (including the cases where it is applied pursuant to the provisions of Article 251, paragraphs (2) and (3) of the Act following the deemed replacement of terms and the cases where it is applied mutatis mutandis pursuant to the provisions of Article 270-4, paragraph (9) of the Act following the deemed replacement of terms), is the amount set forth in item (i), in the case of a Life Insurance Company; or the total of the amounts set forth in items (ii) and (iii), in the case of a Non-Life Insurance Company:

Article 89-2The amount to be specified by Cabinet Office Order, as referred to in Article 137, paragraph (5) of the Act, is the amount set aside as the refund reserve prescribed in Article 69, paragraph (1), item (ii)-2 or Article 70, paragraph (1), item (iii).

Article 89-3The matters to be specified by Cabinet Office Order, as referred to in Article 138, paragraph (1), item (iii) of the Act, are the matters set forth in the items of Article 88-3.

Article 90(1)The application for authorization under Article 139, paragraph (1) of the Act must be filed by way of submitting to the Commissioner of the Financial Services Agency the written application for authorization under the joint name of the Transferor and the Transferee, within one month from the passage of the period for objection under Article 137, paragraph (1) of the Act.

(2)For filing the written application for authorization under the preceding paragraph, the following documents (in cases where insurance contracts are transferred under Article 250, paragraph (1) of the Act, cases where Article 139, paragraph (1) of the Act is applied mutatis mutandis pursuant to the provisions of Article 270-4, paragraph (9) of the Act following the deemed replacement of terms, and cases where a Company under Reorganization Proceedings performs any of the activities set forth in Article 262, item (v) or Article 359, item (i) of the Special Act for Reorganization in accordance with a Reorganization Plan pursuant to Article 262, item (v) or Article 359, item (i) of the Special Act for Reorganization: the documents set forth in items (xvii) and (xviii)) must be attached:

Article 90-2When conducting an examination under Article 139, paragraph (2) of the Act upon an application for authorization under paragraph (1) of the preceding Article, the Commissioner of the Financial Services Agency is to take into account the following circumstances:

Article 91The matters to be specified by Cabinet Office Order, as provided in the first sentence of Article 140, paragraph (1) of the Act, are as follows:

Article 91-2The cases to be specified by Cabinet Office Order, as provided in the proviso to Article 140, paragraph (2) of the Act, are the cases which satisfy all of the requirements listed in the items of Article 88-4.

Article 92(1)When, as a result of the implementation of a transfer of insurance contracts, the matters specified in the documents under Article 4, paragraph (2), items (ii) to (iv), of the Act (hereinafter collectively referred to as the "Statement of Business Procedures, etc." in this paragraph) or Article 187, paragraph (3), items (ii) to (iv), of the Act require amendment reflecting the matters set forth in the Statement of Business Procedures, etc. of the Transferor Company, the matters which require authorization under Article 123, paragraph (1) of the Act (including cases where applied mutatis mutandis pursuant to Article 207 of the Act) are deemed to have been authorized, and the matters which require reporting under Article 123, paragraph (2) of the Act (including cases where applied mutatis mutandis pursuant to Article 207 of the Act) are deemed to have been amended, at the time when the authorization under Article 139, paragraph (1) is granted.

(2)A Transferee Company may, if, as a result of the transfer of property associated with a transfer of insurance contracts, the method of investment of assets or the amount of investment of assets under Article 48-3, paragraph (1) and Article 48-5, paragraph (1) (or, in the case of a Foreign Insurance Company, etc., the amount of investment under Article 140-3, paragraph (1)) contravenes the restriction under Articles 47 to 49 (or, in the case of a Foreign Insurance Company, etc., the amount of investment under Article 139, Article 140-3, and Article 49 as applied mutatis mutandis pursuant to Article 160; hereinafter the same applies in this paragraph), make investments in accordance with such method or in such amount. In this case, the Transferee Company must gradually amend the method or amount of investment of its assets in accordance with the spirit of the provisions of Articles 47 to 49.

Article 93The transfer or acquisition to be specified by Cabinet Office Order, as provided in Article 142 (including the cases where applied mutatis mutandis pursuant to Article 211 of the Act), is transfer or acquisition of business which only pertains to safe custody of Securities.

Article 94(1)When an Insurance Company (including a Foreign Insurance Company, etc.; hereinafter the same applies in this Article) intends to obtain the authorization under Article 142 of the Act (including the cases where applied mutatis mutandis pursuant to Article 211 of the Act), it must submit to the Commissioner of the Financial Services Agency a written application for authorization, attaching thereto the following documents:

(2)In the case of the Business Transfer, etc. among Insurance Companies, the written application for authorization under the preceding paragraph must be submitted under the joint names of the Insurance Companies which are the parties; provided, however, that this does not apply to the case of the Business Transfer, etc. of the business other than business in Japan wherein all or part of the parties thereto comprise Foreign Insurance Company, etc.

(3)In the case of the Business Transfer, etc. wherein a Small Amount and Short Term Insurance Company is one of the parties thereto, the written application for authorization under paragraph (3) must be submitted together with the written application for authorization under Article 211-67, paragraph (1) of the Act.

(4)The provisions of Article 2, paragraph (15) of the Act apply mutatis mutandis to the voting rights provided in paragraph (1), item (xi).

Article 95The companies to be specified by Cabinet Office Order, as provided in Article 144, paragraph (1) of the Act, are a Foreign Insurance Company, etc., which has established an office of a person acting as an agent for underwriting insurances pertaining to its Insurance Business in Japan, as set forth in Article 185, paragraph (1) of the Act.

Article 96(1)An application for authorization under Article 145, paragraph (1) of the Act must be made by way of submitting to the Commissioner of the Financial Services Agency a written application for authorization under the joint names of the Entrusting Company (meaning the Entrusting Company as provided in Article 144, paragraph (2) of the Act; hereinafter the same applies in this Article and the following Article) and Entrusted Company (meaning the Entrusted Company as provided in Article 144, paragraph (1) of the Act; hereinafter the same applies in this Article and the following Article).

(2)The following documents must be attached to a written application for authorization under the preceding paragraph:

Article 97(1)An application for authorization under Article 149, paragraph (2) of the Act must be made by way of submitting to the Commissioner of the Financial Services Agency a written application for authorization under the joint names of the Entrusting Company and the Entrusted Company.

(2)For filing the written application for authorization under the preceding paragraph, the following documents must be attached:

Article 98When an Insurance Company, etc. intends to obtain the authorization under Article 153, paragraph (1) of the Act, it must submit to the Commissioner of the Financial Services Agency or Other Official a written application for authorization in accordance with the categories of the authorization as specified in the following items, together with the following documents respectively set forth in the respective item:

Article 99When an Insurance Company, etc. intends to give a public notice under Article 154 of the Act, and where there is any insurance contract wherein the insurer is the Insurance Company, it is to present the handling policy for such insurance contracts.

Article 99-2The matters to be specified by Cabinet Office Order, as provided in Article 156-2, paragraph (1) of the Act, are as follows:

Article 99-3The matters to be specified by Cabinet Office Order, as provided in Article 157, paragraph (1) of the Act, are the handling policy for insurance contracts where the Insurance Company, etc. is the insurer.

Article 99-3-2The matters to be specified by Cabinet Office Order, as provided in Article 162, paragraph (1), item (vi) of the Act, are as follows:

Article 99-3-3The matters to be specified by Cabinet Office Order, as provided in Article 163, paragraph (1), item (x) of the Act, are as follows:

Article 99-4The matters related to sales to be specified by Cabinet Office Order, as provided in Article 164, paragraph (1), item (iv) and Article 165, paragraph (1), item (x) of the Act, are the matters set forth in the following items, in accordance with the categories of the sale as respectively set forth therein:

Article 99-5The matters related to purchase to be specified by Cabinet Office Order, as provided in Article 164, paragraph (1), item (v) and Article 165, paragraph (1), item (xi) of the Act, are the matters set forth in the following items, in accordance with the categories of the sale as respectively set forth therein:

Article 100(1)The amount calculated in accordance with the formula to be specified by Cabinet Office Order, as provided in Article 90, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 164, paragraph (3) or Article 165, paragraph (6) of the Act, is the total of the amount of contribution per insurance contract concluded between the members of the Absorbing Mutual Company (meaning an Absorbing Mutual Company as provided in Article 160, item (i) of the Act; hereinafter the same applies in this Section) or Consolidated Mutual Company (meaning a Consolidated Mutual Company as provided in Article 161, paragraph (1), item (i) of the Act; hereinafter the same applies in this Section) and such Absorbing Mutual Company or Consolidated Mutual Company.

(2)The amount of contribution per each insurance contract as provided in the preceding paragraph is the amount calculated by deducting the amount set forth in item (ii) from the amount set forth in item (i) for each Insurance Contract Category of the insurance contract provided by the Extinct Mutual Company (meaning the Extinct Mutual Company as provided in Article 165-15, paragraph (1) of the Act; hereinafter the same applies in this Section) (hereinafter referred to as "Insurance Contract Category" in this Article), and then further calculated in accordance with the amount of policy reserve, insurance proceeds, insurance premiums and any other base amount for each insurance contract which fall under the relevant Insurance Contract Category:

Article 100-2The method specified by Cabinet Office Order, provided in Article 234, paragraph (2) (Processing of Fractions of Less Than One Share) of the Companies Act as applied mutatis mutandis pursuant to Article 90, paragraph (3) of the Act as applied mutatis mutandis pursuant to Article 164, paragraph (3) and Article 165, paragraph (6) of the Act following the deemed replacement of terms, is the method whereby the amount listed in the following items is treated as the price of shares provided in Article 234, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 90, paragraph (3) of the Act as further applied mutatis mutandis pursuant to Article 164, paragraph (3) and Article 165, paragraph (6) of the Act, in accordance with the categories of the respective cases set forth therein:

Article 101(1)The amount calculated in accordance with the formula to be specified by Cabinet Office Order, as provided in Article 91, paragraph (3) of the Act as applied mutatis mutandis pursuant to Article 164, paragraph (4) or Article 165, paragraph (7) of the Act, is the amount calculated as the net asset as of the time of the Merger of the Extinct Mutual Company, multiplied by the ratio of the amount set forth in item (ii) to the amount set forth in item (i):

(2)When, with regard to the Stock Company Surviving the Absorption-Type Merger (meaning the Stock Company Surviving the Absorption-Type Merger as provided in Article 164, paragraph (1), item (i) of the Act; hereinafter the same applies in this Section (excluding Article 101-2-21, Article 101-2-22, Article 101-2-2-24, Article 103, item (i), (e) and Article 103-2, item (i), (e))) or Formed Stock Company (meaning the Formed Stock Company as provided in Article 165, paragraph (1), item (ii) of the Act; hereinafter the same applies in this Section), the amount recorded in the net asset section or liability section of the balance sheet is reduced due to any reason set forth in the following items, the amount of surplus from merger may be reduced accordingly based upon such reduction:

Article 101-2(1)If an Extinct Stock Company (meaning an Extinct Stock Company as provided in Article 165-2, paragraph (1) of the Act; hereinafter the same applies in this Section) is an Absorbed Stock Company, the matters to be specified by Cabinet Office Order, as provided in the same paragraph, are as follows:

(2)If an Extinct Stock Company is a Consolidated Stock Company, the matters to be specified by Cabinet Office Order, as provided in Article 165-2, paragraph (1) of the Act, are as follows:

Article 101-2-2The matters to be specified by Cabinet Office Order, as provided in Article 165-7, paragraph (2), item (iii) of the Act, are the matters set forth in the following items, in accordance with the categories of the cases applicable as of the day of publication as set forth in the same paragraph:

Article 101-2-3The matters to be specified by Cabinet Office Order, as provided in Article 165-7, paragraph (2), item (v) of the Act, are as follows:

Article 101-2-4The amount to be specified by Cabinet Office Order, as provided in Article 70, paragraph (6) of the Act as applied mutatis mutandis pursuant to Article 165-7, paragraph (4) of the Act, is the amount set forth in item (i), in the case of a Life Insurance Company; the total of the amounts set forth in items (ii) and (iii), in the case of a Non-Life Insurance Company; and the amount set forth in item (ii), in the case of a Small Amount and Short Term Insurance Company:

Article 101-2-5The matters to be specified by Cabinet Office Order, as provided in Article 165-9, paragraph (1) of the Act, are as follows:

Article 101-2-6The method to be specified by Cabinet Office Order, as provided in Article 165-11, paragraph (1), item (ii) of the Act, is the method whereby the total of the amounts set forth in items (i) to (vi), as of the Cut-Off Date (meaning the date of conclusion of the absorption-type merger agreement (if, pursuant to the agreement, the timing other than the conclusion date (limited to the timing between the date of conclusion of the contract and the time immediately prior to the time when the Absorption-type Merger becomes effective) has been designated, such timing)), less the amount set forth in item (vii) (or five million yen, if the amount is less than five million yen), is regarded as the amount of net assets of the Stock Company Surviving the Absorption-Type Merger:

Article 101-2-7The number to be specified by Cabinet Office Order, as provided in Article 165-11 paragraph (2) of the Act, is the smallest of the following numbers:

Article 101-2-8The matters to be specified by Cabinet Office Order, as provided in Article 165-7, paragraph (2), item (iii) of the Act as applied mutatis mutandis pursuant to Article 165-12 of the Act, are the matters set forth in the following items, in accordance with the categories of the cases applicable as of the day of publication as set forth in Article 165-7, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 165-12 of the Act:

Article 101-2-9The matters to be specified by Cabinet Office Order, as provided in Article 165-7, paragraph (2), item (v) of the Act as applied mutatis mutandis pursuant to Article 165-12 of the Act, are as follows:

Article 101-2-10The amount to be specified by Cabinet Office Order, as provided in Article 70, paragraph (6) of the Act as applied mutatis mutandis pursuant to Article 165-7, paragraph (4) of the Act as further applied mutatis mutandis pursuant to Article 165-12 of the act, is the amount set forth in item (i), in the case of a Life Insurance Company; the total of the amounts set forth in items (ii) and (iii), in the case of a Non-Life Insurance Company; and the amount set forth in item (ii), in the case of a Small Amount and Short Term Insurance Company:

Article 101-2-11The matters to be specified by Cabinet Office Order, as provided in Article 165-13, paragraph (1) of the Act, are as follows:

Article 101-2-12The matters to be specified by Cabinet Office Order, as provided in Article 165-13, paragraph (1) of the Act as applied mutatis mutandis to Article 165-14, paragraph (3) of the Act, are as follows:

Article 101-2-13(1)If an Extinct Mutual Company is an Absorbed Mutual Company, the matters to be specified by Cabinet Office Order, as provided in Article 165-15, paragraph (1) of the Act, are as follows:

(2)If an Extinct Mutual Company is a Consolidated Mutual Company, the matters to be specified by Cabinet Office Order, as provided in Article 165-15, paragraph (1) of the Act, are as follows:

Article 101-2-14The matters to be specified by Cabinet Office Order, as provided in Article 165-7, paragraph (2), item (iv) of the Act, are as follows:

Article 101-2-15The amount to be specified by Cabinet Office Order, as provided in Article 88, paragraph (6) of the Act as applied mutatis mutandis pursuant to Article 165-17, paragraph (4) of the Act, is the amount set forth in item (i), in the case of a Life Insurance Company; the total of the amounts set forth in items (ii) and (iii), in the case of a Non-Life Insurance Company; and the amount set forth in item (ii), in the case of a Small Amount and Short Term Insurance Company:

Article 101-2-16The matters to be specified by Cabinet Office Order, as provided in Article 165-19, paragraph (1) of the Act, are as follows:

Article 101-2-17The matters to be specified by Cabinet Office Order, as provided in Article 165-17, paragraph (2), item (iv) of the Act as applied mutatis mutandis pursuant to Article 165-20 of the Act, are as follows:

Article 101-2-18The amount to be specified by Cabinet Office Order, as provided in Article 88, paragraph (6) of the Act as applied mutatis mutandis pursuant to Article 165-17, paragraph (4) of the Act as applied mutatis mutandis pursuant to Article 165-20 of the Act following the deemed replacement of terms, is the amount set forth in item (i), in the case of a Life Insurance Company; the total of the amounts set forth in items (ii) and (iii), in the case of a Non-Life Insurance Company; and the amount set forth in item (ii), in the case of a Small Amount and Short Term Insurance Company:

Article 101-2-19The matters to be specified by Cabinet Office Order, as provided in Article 165-21, paragraph (1) of the Act, are as follows:

Article 101-2-20The matters to be specified by Cabinet Office Order, as provided in Article 165-21, paragraph (1) of the Act as applied mutatis mutandis to Article 165-22, paragraph (3) of the Act, are as follows:

Article 101-2-21The matters to be specified by Cabinet Office Order, as provided in Article 782, paragraph (1) (Keeping and Inspection of Documents Concerning an Absorption-Type Merger Agreement) of the Companies Act applied pursuant to the provisions of Article 165-23 of the Act following the deemed replacement of terms, are as follows:

Article 101-2-22The matters to be specified by Cabinet Office Order, as provided in Article 794, paragraph (1) (Keeping and Inspection of Documents Concerning an Absorption-Type Merger Agreement) of the Companies Act applied pursuant to the provisions of Article 165-23 of the Act following the deemed replacement of terms, are as follows:

Article 101-2-23The matters to be specified by Cabinet Office Order, as provided in Article 803, paragraph (1) (Keeping and Inspection of Documents Concerning a Consolidation-Type Merger Agreement) of the Companies Act applied pursuant to the provisions of Article 165-23 of the Act following the deemed replacement of terms, are as follows:

Article 101-2-24The matters to be specified by Cabinet Office Order, as provided in Article 165-24, paragraph (2), item (iii) of the Act, are the matters set forth in the following items, in accordance with the categories of the cases applicable as of the day of publication as set forth in the same paragraph:

Article 101-3The matters to be specified by Cabinet Office Order, as provided in Article 165-24, paragraph (2), item (v) of the Act, are as follows:

Article 102The amount to be specified by Cabinet Office Order, as provided in Article 165-24, paragraph (6) of the Act, is the amount set forth in item (i), in the case of a Life Insurance Company; the total of the amounts set forth in items (ii) and (iii), in the case of a Non-Life Insurance Company; and the amount set forth in item (ii), in the case of a Small Amount and Short Term Insurance Company:

Article 103The matters to be specified by Cabinet Office Order, as provided in Article 166, paragraph (1) of the Act, are as follows:

Article 103-2The matters to be specified by Cabinet Office Order, as provided in Article 166, paragraph (2) of the Act, are as follows:

Article 104When, due to the implementation of the merger under Article 166, paragraph (1) of the Act, the matters specified in the documents under Article 4, paragraph (2), items (ii) to (iv) and Article 272, paragraph (2), items (ii) to (iv) of the Act (hereinafter collectively referred to as the "Statement of Business Procedures, etc." in this paragraph) requires amendment reflecting the matters set forth in the Statement of Business Procedures, etc. of the Insurance Company, etc. extinguished upon the merger, the matters which require authorizations under Article 123, paragraph (1) of the Act are deemed to have been authorized, and the matters which require reporting under Article 123, paragraph (2) and Article 272-19, paragraph (1) of the Act are deemed to have been amended, at the time when the merger becomes effective.

Article 105(1)When an Insurance Company, etc. intends to obtain the authorization under Article 167, paragraph (1) of the Act, it must submit to the Commissioner of the Financial Services Agency or Other Official a written application for authorization, together with the following documents:

(2)In the case of the merger wherein all parties thereto are Insurance Companies, etc., the written application for authorization under the preceding paragraph must be submitted jointly by the Insurance Companies.

(3)The provisions of Article 2, paragraph (15) of the Act apply mutatis mutandis to the voting rights as provided in paragraph (1), item (xxi).

Article 105-2The matters to be specified by Cabinet Office Order, as provided in Article 782, paragraph (1) (Keeping and Inspection of Documents Concerning an Absorption-Type Merger Agreement) of the Companies Act as applied pursuant to the provisions of Article 173-3 of the Act following the deemed replacement of terms, are the following matters, if the Extinct Stock Company, etc. as provided in the same paragraph is a Splitting Stock Company in Absorption-type Company Split (meaning a Splitting Stock Company in Absorption-type Company Split as provided in Article 758, item (ii) (Absorption-Type Company Split Agreement Which Causes a Stock Company to Succeed to Rights and Obligations) of the Companies Act; hereinafter the same applies in this Section):

Article 105-2-2The matters to be specified by Cabinet Office Order, as provided in Article 794, paragraph (1) (Keeping and Inspection of Documents Concerning an Absorption-Type Merger Agreement) of the Companies Act as applied pursuant to the provisions of Article 173-3 of the Act following the deemed replacement of terms, are the following matters, if the Extinct Stock Company, etc. as provided in the same paragraph is a Succeeding Stock Company in Absorption-type Company Split (meaning a Succeeding Stock Company in Absorption-type Company Split as provided in Article 758, item (i) (Absorption-Type Company Split Agreement Which Causes a Stock Company to Succeed to Rights and Obligations) of the Companies Act; hereinafter the same applies in this Section):

Article 105-2-3The matters to be specified by Cabinet Office Order, as provided in Article 803, paragraph (1) (Keeping and Inspection of Documents Concerning a Consolidation-Type Merger Agreement) of the Companies Act as applied mutatis pursuant to the provisions of Article 173-3 of the Act following the deemed replacement of terms, are the following matters, if the Extinct Stock Company, etc. as provided in the same paragraph is a Splitting Company in Incorporation-type Company Split (meaning a Splitting Company in Incorporation-type Company Split as provided in Article 763, item (v) (Incorporation-Type Company Split Plan by Which a Stock Company Is Incorporated) of the Companies Act; hereinafter the same applies in this Section):

Article 105-2-4The matters specified by Cabinet Office Order, provided in Article 173-4, paragraph (2), item (iii) of the Act, are the matters specified in each of following items, in accordance with the categories of the respective cases set forth in the same item, as of the day of the public notice under the same paragraph or the day of the notice under the same paragraph, whichever comes earlier:

Article 105-3The matters to be specified by Cabinet Office Order, as provided in Article 173-4, paragraph (2), item (v) of the Act, are the matters set forth in the following items in accordance with the categories of cases listed in the respective items:

Article 105-4The amount to be specified by Cabinet Office Order, as provided in Article 173-4, paragraph (6) of the Act, is the amount set forth in item (i), in the case of a Life Insurance Company; the total of the amounts set forth in items (ii) and (iii), in the case of a Non-Life Insurance Company; and the amount set forth in item (ii), in the case of a Small Amount and Short Term Insurance Company:

Article 105-4-2The amount to be specified by Cabinet Office Order, as referred to in Article 173-4, paragraph (8) of the Act, is the amount set aside as the refund reserve prescribed in Article 69, paragraph (1), item (ii)-2 or Article 70, paragraph (1), item (iii).

Article 105-5The matters to be specified by Cabinet Office Order, as provided in Article 791, paragraph (1), item (i) (Keeping and Inspection of Documents Concerning an Absorption-Type Company Split or Share Exchange) of the Companies Act as applied pursuant to the provisions of Article 173-4, paragraph (11) of the Act following the deemed replacement of terms, are the matters specified in the following items, in accordance with the categories of the cases as respectively set forth therein:

Article 105-5-2The matters to be specified by Cabinet Office Order, as provided in Article 801, paragraph (2) (Keeping and Inspection of Documents Concerning an Absorption-Type Merger) of the Companies Act as applied pursuant to the provisions of Article 173-4, paragraph (11) of the Act following the deemed replacement of terms, are as follows:

Article 105-5-3The matters to be specified by Cabinet Office Order, as provided in Article 811, paragraph (1), item (i) (Keeping and Inspection of Documents Concerning an Incorporation-Type Company Split or Share Transfer) of the Companies Act as applied pursuant to the provisions of Article 173-4, paragraph (11) of the Act following the deemed replacement of terms, are the matters specified in the following items, in accordance with the categories of the cases as respectively set forth therein:

Article 105-5-4The matters to be specified by Cabinet Office Order, as referred to in Article 173-5, paragraph (1) of the Act, are the matters set forth in the items of Article 105-3, item (ii).

Article 105-6(1)When an Insurance Company intends to obtain the authorization under Article 173-6, paragraph (1) of the Act, it must submit to the Commissioner of the Financial Services Agency or Other Official a written application for authorization, together with the following documents:

(2)In the case of the company split wherein all parties thereto are Insurance Companies, etc., the written application for authorization under the preceding paragraph must be submitted jointly by the Insurance Companies.

(3)The provisions of Article 2, paragraph (15) of the Act apply mutatis mutandis to the voting rights as provided in paragraph (1), item (xxi).

(4)The document as set forth in paragraph (i), item (vi), (b), 1. and 2. and (c), 1. and 2. of the same item (excluding the document pertaining to the appropriateness of calculation as set forth in (b) of the same item) is to be in accordance with the forms and methods of entry and calculation which are to be specified by the Commissioner of the Financial Services Agencies.

Article 105-6-2In the case of a Company Split whereby the succeeding company succeeds to all insurance contracts, when conducting an examination under Article 173-6, paragraph (2) of the Act upon an application for authorization under paragraph (1) of the preceding Article, the Commissioner of the Financial Services Agency is to take into account the following circumstances:

Article 105-7The matters to be specified by Cabinet Office Order, as provided in the first sentence of Article 173-7, paragraph (1) of the Act, are as follows:

Article 105-8(1)When, due to the implementation of the company split, the matters specified in the documents under Article 4, paragraph (2), items (ii) to (iv) and Article 272, paragraph (2), items (ii) to (iv) of the Act (hereinafter collectively referred to as the "Statement of Business Procedures, etc." in this paragraph) requires amendment reflecting the matters set forth in the Statement of Business Procedures, etc. of the company to which the insurance contracts are to be transferred upon the company split, the matters which require authorizations under Article 123, paragraph (1) of the Act are deemed to have been authorized, and the matters which require reporting under Article 123, paragraph (2) and Article 272-19, paragraph (1) of the Act are deemed to have been amended, at the time when the company split becomes effective.

(2)A company which succeeded to the insurance contracts upon the company split may, if, as a result of succession of properties upon the company split, the method of investment of assets or the amount of investment of assets under Article 48-3, paragraph (1) and Article 48-5, paragraph (1) contravenes the restriction under Articles 47 to 49, carry out investment in accordance with such methods or at such amount. In this case, the company which succeeded the insurance contracts upon the company split must gradually amend the method or amount of investment of its assets in accordance with the purport of the provisions of Articles 47 to 49.

Article 106When an interested party makes a request for appointment of liquidator pursuant to the provisions of Article 174, paragraph (1) of the Act, such party must attach to the written application a document certifying that the party falls under the category of the interested party.

Article 107When a liquidator of an Insurance Company, etc. intends to file a notification under Article 174, paragraph (8) of the Act, the liquidator must submit to the Commissioner of the Financial Services Agency and Other Official a notification, together with a certificate of registered matters of the Insurance Company, etc.

Article 108The amount to be specified by Cabinet Office Order, as provided in Article 177, paragraph (3) of the Act, is the amount set aside as the refund reserve prescribed in Article 69, paragraph (1), item (ii)-2 or Article 70, paragraph (1), item (iii).

Article 109(1)The application for permission under Article 500, paragraph (2) (Restrictions on Performance of Obligations) of the Companies Act applied pursuant to the provisions of Article 178 of the Act following the deemed replacement of terms (including the cases where applied mutatis mutandis pursuant to Article 171-2 of the Act) must be made by submission of the written application for permission with the names of the all liquidators affixed thereon.

(2)In filing a written application for permission under the preceding paragraph, the following documents must be attached:

Article 110A liquidator of an Insurance Company, etc. pertaining to the liquidation must notify the Commissioner of the Financial Services Agency or Other Official the monthly status of liquidation by no later than the twentieth day of the subsequent month, and, when any material matter occurs, notify the Commissioner of the Financial Services Agency or Other Official thereof without delay.

Article 110-2(1)The systems to be specified by Cabinet Office Order, as provided in Article 180-8, paragraph (3), item (iv) of the Act, are as follows:

(2)If the Liquidating Mutual Company has two or more liquidators, the system as provided in the preceding paragraph is to include the system to ensure the decision-making for the business will be made in an appropriate manner.

Article 110-3The matters to be specified by Cabinet Office Order, as provided in Article 180-14, paragraph (6), item (v) of the Act, are as follows:

Article 110-4The systems to be specified by Cabinet Office Order, as provided in Article 180-14, paragraph (6), item (vi) of the Act, are as follows:

Article 110-5(1)Preparation of minutes of board of liquidators meeting under Article 369, paragraph (3) (Resolution of Board of Directors Meeting) of the Companies Act as applied mutatis mutandis pursuant to Article 180-15 of the Act following the deemed replacement of terms is to be as set forth in this Article.

(2)The minutes of board of liquidators meeting must be prepared in writing or by Electronic or Magnetic Records.

(3)The minutes of board of liquidators meeting must contain the following matters:

(4)In the case referred to in the following items, the minutes of the board of liquidators meeting are to contain the matters respectively set forth in the relevant items:

Article 110-6(1)The inventory of property to be prepared pursuant to the provisions of Article 492, paragraph (1) (Preparation of Inventory of Property) of the Companies Act as applied mutatis mutandis pursuant to Article 180-17 of the Act is to be as set forth in this Article.

(2)With regard to the property to be included in the inventory of property set forth in the preceding paragraph, the disposal price thereof as of the day on which the Liquidating Mutual Company has fallen under the cases listed in the items of Article 180 of the Act must be included, except in the case where it is difficult to include the disposal price. In this case, with regard to the accounting books of the Liquidating Mutual Company, the price recorded in the inventory of property is deemed to be the acquisition value.

(3)The inventory of property set forth in paragraph (1) must consist of the following sections, in which case, the sections listed item (i) and (ii) may be further divided into items that have been given appropriate titles indicating their details:

Article 110-7(1)The balance sheet to be prepared pursuant to the provisions of Article 492, paragraph (1) (Preparation of Inventory of Property) of the Companies Act as applied mutatis mutandis pursuant to Article 180-17 of the Act must be prepared in the same manner as the balance sheet specified in the Appended Form No. 7 (or Appended Form No. 16-17, in the case of a Small Amount and Short Term Insurance Company; or Appended Form No. 7-2, in the case of a Company with Specified Transaction Account), based on the inventory of property.

(2)If it is difficult to record the disposal price for any asset, an explanatory note on the policy of property valuation pertaining to the asset must be indicated in the balance sheet set forth the preceding paragraph.

Article 110-8(1)A balance sheet for each liquidating administrative year to be prepared pursuant to the provisions of Article 494, paragraph (1) (Preparation and Retention of Balance Sheet) of the Companies Act as applied mutatis mutandis pursuant to Article 180-17 of the Act must be prepared in the same manner as the balance sheet specified in the Appended Form No. 7 (or Appended Form No. 16-17, in the case of a Small Amount and Short Term Insurance Company; or Appended Form No. 7-2, in the case of a Company with Specified Transaction Account), based on the accounting books for each liquidating administrative year.

(2)The supplementary schedule of a balance sheet for each liquidating administrative year to be prepared pursuant to the provisions of Article 494, paragraph (1) of the Companies Act as applied mutatis mutandis pursuant to Article 180-17 of the Act must be prepared in the same manner as the supplementary schedule specified in the Appended Form No. 7 (or Appended Form No. 16-17, in the case of a Small Amount and Short Term Insurance Company; or Appended Form No. 7-2, in the case of a Company with Specified Transaction Account).

Article 110-9(1)The business report to be prepared pursuant to the provisions of Article 494, paragraph (1) (Preparation and Retention of Balance Sheet) of the Companies Act as applied mutatis mutandis pursuant to Article 180-17 of the Act must contain material matters related to status of execution of business affairs of liquidation.

(2)The supplementary schedule of a business report for each liquidating administrative year to be prepared pursuant to the provisions of Article 494, paragraph (1) of the Companies Act as applied mutatis mutandis pursuant to Article 180-17 of the Act must contain material matters which supplement the details of the business report.

Article 110-10(1)The audit under Article 495, paragraph (1) (Audit of Balance Sheet) of the Companies Act as applied mutatis mutandis pursuant to Article 180-17 of the Act is to be as set forth in this Article.

(2)When the company auditor of the Liquidating Mutual Company has received the balance sheet and business report for each liquidating administrative year as well as supplementary schedules thereto, the company auditor of the Liquidating Mutual Company must prepare an audit report containing the following matters (in the case of an audit report to be prepared by the company auditor of a company with board of company auditors, the matters set forth in items (i) to (v)):

(3)The board of company auditors of the Liquidating Mutual Company must prepare the audit report of the board of company auditors, based on the audit report prepared by the company auditor of the Liquidating Mutual Company under the preceding paragraph.

(4)The audit report of board of company auditors of the Liquidating Mutual Company must contain the following matters:

(5)A Specific Company Auditor must, no later than the date when four weeks has passed from the date of receipt of the balance sheet under Article 110-8, paragraph (1) or the all business report under paragraph (1) of the preceding Article (if there is a date agreed upon between the Specified Liquidator (meaning the person specified in the following items, in accordance with the categories of the cases as respectively set forth therein; hereinafter the same applies in this Article) and Specific Company Auditors, the relevant date), notify the Specified Liquidator of the details of the audit report (in the case of a company with board of company auditors, limited to the audit report of the board of company auditors prepared under paragraph (3)):

(6)The balance sheet under Article 110-8, paragraph (1), the business report under paragraph (1) of the preceding Article, and the supplementary schedules thereto are deemed to have been audited by the company auditors on the day when the Specified Liquidator has received the notification of the details of the audit report under the preceding paragraph.

(7)Notwithstanding the provisions of the preceding paragraph, if the Specific Company Auditor fails make a notification of the details of the audit report under paragraph (5) no later than the time limit under the same paragraph, the balance sheet under Article 110-8, paragraph (1), the business report under paragraph (1) of the preceding Article, and the supplementary schedules thereto are deemed to have been audited on the day when the notification should have been made.

(8)The term "Specific Company Auditor" as provided in paragraphs (5) and (7) means the persons specified in the following items, in accordance with the categories of Liquidating Mutual Companies as respectively set forth therein:

Article 111(1)The amount calculated in accordance with the formula to be specified by Cabinet Office Order, as provided in Article 182, paragraph (3), is the total of the amount of contribution per insurance contract concluded between the members of the dissolved Mutual Company and the Mutual Company.

(2)The amount of contribution per each insurance contract as provided in the preceding paragraph is the total of the profits related to the member's insurance contract generated from investment of insurance premiums paid by the member and money received as the insurance premiums, less the amount allocated for expenditures such as payment of the insurance proceeds, refund or any other benefits, expenditures of operating costs and any other costs, and then calculated in accordance with the amount of policy reserve, insurance proceeds, insurance premiums and any other base amount for each insurance contract which fall under the relevant Insurance Contract Category.

Article 112The amount to be calculated in accordance with the formula to be specified by Cabinet Office Order, as provided in Article 182, paragraph (4) of the Act, is the value of the residual asset of the dissolved Mutual Company, multiplied by the ratio of the amount set forth in item (ii) to the amount set forth in item (i):

Article 113When a Mutual Company intends to obtain the authorization under Article 182, paragraph (6) of the Act, it must submit to the Commissioner of the Financial Services Agency or Other Official a written application for authorization, together with the following documents:

Article 113-2(1)The statement of accounts to be prepared pursuant to the provisions of Article 507, paragraph (1) (Completion of Liquidation Process) of the Companies Act as applied mutatis mutandis pursuant to Article 183, paragraph (1) of the Act must contain the following information, in which case, the matters listed in item (i) and (ii) may be divided into appropriate sections:

(2)With regard to the matter listed in item (iv) of the preceding paragraph, the day of completion of distribution of the residual asset must be noted.

Article 114When a person to preserve the books and materials is appointed pursuant to the provisions of Article 508, paragraph (2) of the Companies Act (including the cases where applied mutatis mutandis pursuant to Article 183, paragraph (3) of the Act), the liquidator of the Insurance Company must notify the Commissioner of the Financial Services Agency and Other Official the name of such person's trade name, name and address.

Article 114-2The method to be specified by Cabinet Office Order, as provided in Article 536, paragraph (1), item (ii) and item (iii), (a) (Restrictions on Transfer of Business) of the Companies Act applied mutatis mutandis pursuant to Article 184 of the Act following the deemed replacement of terms, is the method whereby the amount recorded in the asset section of the balance sheet prepared pursuant to the provisions of Article 492, paragraph (1) (Preparation of Inventory of Property) of the Companies Act as applied mutatis mutandis pursuant to Article 180-17 of the Act is regarded as the total amount of assets.

Article 114-3The matters to be specified by Cabinet Office Order, as provided in Article 548, paragraph (1), item (iv) (Determination of Calling of Creditors' Meeting) of the Companies Act as applied mutatis mutandis pursuant to Article 184 of the Act following the deemed replacement of terms, are as follows:

Article 114-4(1)The Reference Documents for Creditors' Meetings must include the following matters:

(2)Beyond what is provided for in the preceding paragraph, Reference Documents for Creditors' Meetings may include any matter as may be deemed informative in exercising the voting rights by Agreement Claim Creditors.

(3)If, among the matters to be stated in the Reference Documents for Creditors' Meetings to be provided to Agreement Claim Creditors in connection with the same Creditors' Meeting (limited to the matters set forth in paragraph (1), item (ii)), there is any matter already specified in other document or any information to be provided by way of the Electronic or Magnetic Means, such matters needs not be included in the Reference Documents for Creditors' Meetings to be provided to the Agreement Claim Creditors.

(4)If, among the matters to be included in the Notice of Calling (meaning a notice under Article 549, paragraph (1) or (2) (Notice of Calling of Creditors' Meetings) of the Companies Act as applied mutatis mutandis pursuant to Article 184 of the Act; hereinafter the same applies in this Article and the following Article) to be sent to the Agreement Claim Creditors in connection with the same Creditors' Meetings, there is any matter stated in the Reference Documents for Creditors' Meetings, such matters need not be included in the Notice of Calling to be sent to the Agreement Claim Creditors.

Article 114-5(1)The matters to be contained in the Voting Form to be delivered pursuant to the provisions of Article 550, paragraph (1) (Issuance of Reference Documents for Creditors' Meetings and Proxy Cards) of the Companies Act as applied mutatis mutandis pursuant to Article 184 of the Act, or the matters to be provided by means of the Electronic or Magnetic Means as referred to in Article 551, paragraph (1) or (2) (Issuance of Reference Documents for Creditors' Meetings and Proxy Cards) of the Companies Act as applied mutatis mutandis pursuant to Article 184 of the Act following the deemed replacement of terms are as follows:

(2)If there is any provisions on the matters listed in Article 114-3, item (v), (b), a Convener must, upon the request of the Agreement Claim Creditor who has given consent pursuant to the provisions of Article 549, paragraph (2) (Notice of Calling of Bondholders' Meetings) of the Companies Act as applied mutatis mutandis pursuant to Article 184 of the Act, provide such Agreement Claim Creditor a Voting Form as set forth in Article 550, paragraph (1) (Issuance of Reference Documents for Creditors' Meetings and Proxy Cards) of the Companies Act as applied mutatis mutandis pursuant to Article 184 of the Act (including the provision by way of the Electronic or Magnetic Means as set forth in Article 550, paragraph (2) of the Companies Act, as applied mutatis mutandis pursuant to Article 184 of the Act following the deemed replacement of terms, which is to be implemented in lieu of such provision).

(3)If, among the matters to be contained in the Notice of Calling to be provided to Agreement Claim Creditors in connection with the same Creditors' Meeting, there is any matter already stated in the Voting Form, such matter need not be contained in the Notice of Calling.

(4)If, among the matters to be contained in the Voting Form to be provided to Agreement Claim Creditors in connection with the same Creditors' Meeting, there is any matter already stated in the Notice of Calling, such matter need not be contained in the Voting Form.

Article 114-6The timing to be specified by Cabinet Office Order, as provided in Article 556, paragraph (2) (Exercise of Voting Rights in Writing) of the Companies Act as applied mutatis mutandis pursuant to Article 184 of the Act following the deemed replacement of terms, is the time limit for exercise as set forth in Article 114-3, item (ii).

Article 114-7The timing to be specified by Cabinet Office Order, as provided in Article 557, paragraph (1) (Exercise of Voting Rights by Electronic or Magnetic Means) of the Companies Act as applied mutatis mutandis pursuant to Article 184 of the Act following the deemed replacement of terms, is the time limit for exercise as set forth in Article 114-3, item (v), (a).

Article 114-8(1)Preparation of the minutes of Creditors' Meeting, as referred to in Article 561 (Minutes) of the Companies Act as applied mutatis mutandis pursuant to Article 184 of the Act, is to be as set forth in this Article.

(2)The minutes of Creditors' Meeting must be prepared in writing or by means of Electronic or Magnetic Records.

(3)The minutes of Creditors' Meeting must contain the following matters:

Article 115The cases to be specified by Cabinet Office Order, as provided in Article 185, paragraph (6) of the Act, are as follows:

Article 116The insurance contracts to be specified by Cabinet Office Order, as provided in Article 19, item (iv) of the Cabinet Order, are as follows:

Article 117(1)The person who intends to obtain the permission under Article 186, paragraph (2) of the Act must submit to the Commissioner of the Financial Services Agency the written application for permission prepared in accordance with the Appended Form No. 9 in the case of the insurance contract for underwriting of insurance under Article 3, paragraph (4), item (i) or (ii) of the Act (referred to as "Specific Life Insurance Contract" in the following paragraph); or in accordance with the Appended Form No. 10, in the case of an insurance contract for underwriting the insurance under item (i), paragraph (5) of the same Article (referred to as "Specific Non-Life Insurance Contract" in the following paragraph).

(2)In filing a written application for permission under the preceding paragraph, the following documents must be attached:

Article 118(1)The documents to be specified by Cabinet Office Order, as provided in Article 187, paragraph (3) of the Act, are as follows:

(2)In the business plan set forth in item (ii) of the preceding paragraph, the insurance solicitation plan, prospect for income and expenditure and the matters which serve the basis thereof.

(3)The provisions of Article 2, paragraph (15) of the Act apply mutatis mutandis to the voting rights provided in paragraph (1), item (v).

Article 119(1)An original of the written application for license under Article 187, paragraph (1) of the Act and its attachments must be submitted to the Prime Minister, via the Commissioner of the Financial Services Agency.

(2)A Foreign Insurer which intends to obtain a license under Article 185, paragraph (1) of the Act may request preliminary examination by submitting to the Prime Minister, via the Commissioner of the Financial Services Agency, the documents prepared in accordance with the provisions of Article 187, paragraphs (1) to (4) of the Act.

Article 119-2When the Prime Minister conducts an examination provided in Article 5, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 187, paragraph (5) of the Act, pertaining to an application of license referred to in Article 185, paragraph (1) of the Act, the Prime Minister is to pay due regards to the following matters:

Article 120(1)An applicant for license under Article 185, paragraph (1) of the Act (hereinafter referred to as "License Applicant" in this Article to Article 122) must state the following matters in the documents set forth in Article 187, paragraph (3), item (ii) of the Act (excluding the documents under Article 187, paragraph (3), item (ii) related to the Application for Conditional License provided in Article 23, paragraph (1) of the Act (referred to as "Conditional License Applicant" in Article 123)):

(2)When a License Applicant establishes a Special Account (meaning a special account to be established pursuant to the provisions of Article 118, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act; hereinafter the same applies in this Chapter), such applicant must, in addition to the matters set forth in the items of the preceding paragraph, state the following matters; provided, however, that if the insurance contract for which a Special Account is to be established falls under the cases set forth in Article 164, item (i), (a) to (i), it is not required to state the matters set forth in item (iii):

(3)When a License Applicant establishes an Accumulation Account (meaning an account to be established under Article 63 as applied mutatis mutandis pursuant to Article 160; hereinafter the same applies in this Chapter), such applicant must, in addition to the matters set forth in the items of paragraph (1), state the following matters:

Article 121A License Applicant must state the following matters in the documents set forth in Article 187, paragraph (3), item (iii) of the Act:

Article 122A License Applicant must state in the document referred to in Article 187, paragraph (3), item (iv) of the Act the matters listed in items (i) to (vi) and item (viii), in the case of an application for life insurance business license under Article 185, paragraph (4) of the Act; or the matters set forth in items (i) to (iv) and items (vi) to (viii) (in the case of the matters set forth in item (iii), limited to the matters pertaining to an insurance contract for which an insurance premiums reserve under Article 151, paragraph (1), item (i), (a) (hereinafter simply referred to as "Insurance Premiums Reserve" in this Article) is to be calculated or refund reserve under paragraph (3) of the same Article is to be set aside; in the case of the matters set forth in item (iv), limited to the matters pertaining to an insurance contract wherein surplus or policy dividends will be distributed to members; and in the case of the matters set forth in item (vi), limited to the matters pertaining to an insurance contract for which insurance premiums reserve is to be calculated), in the case of an application for non-life insurance business license under Article 185, paragraph (5):

Article 123(1)A Conditional License Applicant must state in the document set forth in Article 187, paragraph (3), item (ii) of the Act the categories of the insured, the scope of objectives of insurance and types of insurance (including reinsurance) in Japan.

(2)When a Conditional License Applicant entrusts the business operation or business handling service pertaining to the Insurance Business in Japan (limited to the agency for the business operation or agency for the business handling service as provided in Article 141) to an Insurance Company or a Foreign Insurance Company, etc., it must, in addition to the matters set forth in the preceding paragraph, describe such business operation or business handling services.

Article 124The criteria to be specified by Cabinet Office Order, as provided in Article 5, paragraph (1), item (iii), (e) of the Act as applied mutatis mutandis pursuant to Article 187, paragraph (5) of the Act, is the criteria specified in the items of Article 11. In this case, the term "items of Article 74" in item (iii)-2, (a) of the same Article is deemed to be replaced with "items of Article 153".

Article 125The criteria to be specified by Cabinet Office Order, as provided in Article 5, paragraph (1), item (iv), (c) of the Act, as applied mutatis mutandis pursuant to Article 187, paragraph (5), is the criteria as set forth in the items of Article 12.

Article 126(1)When a person who has concluded a contract under Article 190, paragraph (3) of the Act with a Foreign Insurance Company, etc. makes deposit in accordance with the order issued under paragraph (4) of the same Article, such person must make the deposit with the deposit office nearest to the head office or principal office of the Foreign Insurance Company, etc.

(2)A person who has completed the deposit pursuant to the provisions of Article 190, paragraph (1), (2), (4) or (8) of the Act or Article 14, paragraph (6) or Article 15, paragraph (1) of the Regulation on Deposits by Foreign Insurance Company, etc. (Order of the Cabinet Office and the Ministry of Justice No. 1 of 1996) (hereinafter referred to as a "Depositor" in this Article) must submit to the Commissioner of the Financial Services Agency an original of the certificate of deposit relevant to such deposit.

(3)When the Commissioner of the Financial Services Agency has accepted the original of the certificate of deposit as set forth in the preceding paragraph, the Commissioner of the Financial Services Agency must deliver a custody certificate to the Depositor.

Article 127The financial institutions to be specified by Cabinet Office Order, as provided in Article 25 of the Cabinet Order, are as follows:

Article 128(1)When any Foreign Insurance Company, etc. has concluded a contract under Article 190, paragraph (3) of the Act (hereinafter referred to as "Contract" in this Article to Article 130) (including cases where it has effected any amendment to the terms and conditions of such contracts upon the approval under Article 25, item (iii) of the Cabinet Order (hereinafter referred to as "Approval" in this Article to Article 130) of the Commissioner of the Financial Services Agency), it must submit such Contract to the Commissioner of the Financial Services Agency.

(2)If a Foreign Insurance Company, etc. has effected the cancellation of the Contract with the Approval, it must submit to the Commissioner of the Financial Services Agency a document certifying such fact.

Article 129When a Foreign Insurance Company, etc. intends to obtain an Approval, it must, no later than one month prior to the day when it intends to effect cancellation of the Contract pertaining to such Approval or to amend any terms and conditions thereunder, submit to the Commissioner of the Financial Services Agency a written application for approval, as well as a written statement of reasons and any document describing reference information.

Article 130The day to be specified by Cabinet Office Order as provided in Article 190, paragraph (8) of the Act is the day specified in the following items, in accordance with the categories respectively set forth therein:

Article 131(1)The Securities to be specified by Cabinet Office Order, as provided in Article 190, paragraph (9) of the Act, are the following Securities:

(2)When a Foreign Insurance Company, etc. intends to obtain an Approval under item (iv) of the preceding paragraph, it must submit to the Commissioner of the Financial Services Agency a written application for approval, as well as a written statement of reasons and any document describing reference information.

Article 132(1)The value of the Securities when the Securities are to be substituted for the Deposit pursuant to the provisions of Article 190, paragraph (9) of the Act is the amount specified in the following items, in accordance with the categories of the Securities respectively set forth therein:

(2)With regard to the Securities issued by way of discounting, the issue value thereof plus the amount calculated in accordance with the following formula is deemed to be the par value thereof, and the provisions of the preceding paragraph apply:

(3)For the purpose of calculation in accordance with the formula set forth in the preceding paragraph, if any fraction of less than one year arises with regard to the number of years falling on the period from the issue date and the maturity date and the number of years falling on the period from the issue date to the deposit date, or if any fraction of less than one yen arises with regard to the amount obtained by dividing the difference between par value and issue value by the number of years falling on the period from the issue date to the maturity date, such fraction is truncated.

(4)If the face amount of the Securities as specified in the items of paragraph (1) of the preceding Article is denominated in foreign currencies, the conversion rate to Japanese currency is to be in accordance with the basic exchange rate or arbitrated exchange rate as provided in Article 7, paragraph (1) (Foreign Exchange Rate) of the Foreign Exchange and Foreign Trade Act (Act No. 228 of 1949).

Article 133(1)When a Representative in Japan of a Foreign Insurance Company, etc. intends to obtain an authorization under Article 192, paragraph (5) of the Act, the Representative must submit the written application for authorization with the following documents attached thereto, and submit it to the Commissioner of the Financial Services Agency via such Foreign Insurance Company, etc.; provided, however, that if the other company which will be engaged in ordinary business falls under the category of an Insurance Company or a Foreign Insurance Company, etc., it is not required to attach the document set forth in item (v):

(2)When the application for authorization under the preceding paragraph is filed, the Commissioner of the Financial Services Agency is to examine whether the concurrent holding of position by the Representative in Japan pertaining to the application for authorization may give rise to any hindrance when such Representative in Japan engages in the ordinary business of the Insurance Company.

Article 133-2(1)When, pursuant to the provisions of Article 819, paragraph (1) (Public Notice of What Is Equivalent to a Balance Sheet) of the Companies Act as applied mutatis mutandis pursuant to Article 193, paragraph (2) of the Act, a Foreign Mutual Company gives public notice of the document equivalent to the balance sheet (hereinafter referred to as the "Foreign Balance Sheet" in this Article), it may omit the portion of the reference regarding the Foreign Balance Sheet (including the descriptions equivalent to the reference).

(2)When a Foreign Mutual Company gives a public notice of the Foreign Balance Sheet under Article 819, paragraph (1) of the Companies Act as applied mutatis mutandis pursuant to Article 193, paragraph (2) of the Act or gives a public notice of summary of the Foreign Balance Sheet under Article 819, paragraph (2) of the Companies Act as applied mutatis mutandis pursuant to Article 193, paragraph (2) of the Act, and the Foreign Balance Sheet is prepared in language other than Japanese, the Foreign Mutual Company is not required to give the public notice in Japanese.

(3)With regard to a Foreign Mutual Company which does not have a Foreign Balance Sheet, the documents to be prepared if the provisions of this Regulation are to be applied to the Foreign Mutual Company are deemed as its Foreign Balance Sheet, and the provisions of preceding two paragraphs apply.

Article 133-3The measure under Article 819, paragraph (3) (Public Notice of What Is Equivalent to a Balance Sheet) of the Companies Act as applied mutatis mutandis pursuant to Article 193, paragraph (2) of the Act must be implemented in accordance with the method set forth in Article 14-5, paragraph (1), item (i), (b) using the Automatic Public Transmission Server connect to the Internet.

Article 133-4The businesses to be specified by Cabinet Office Order, as provided in Article 193-2, paragraph (1) of the Act, are Insurance-Related Businesses.

Article 133-5(1)When a Foreign Insurance Company, etc. or its Parent Financial Institution, etc. (meaning a Parent Financial Institution, etc. as provided in Article 193-2, paragraph (2) of the Act; hereinafter the same applies in this Article) or Subsidiary Financial Institution, etc. (meaning a Subsidiary Financial Institution as provided in paragraph (3) of the same Article; hereinafter the same applies in this Article) consummates any transaction, the Foreign Insurance Company, etc. must implement the following measures so that a customer's interests pertaining to the Insurance-Related Business carried by the Foreign Insurance Company, etc. or its Subsidiary Financial Institution, etc. would not be unreasonably impaired:

(2)The record provided in item (iv) of the preceding paragraph must be kept for five years from the date of preparation thereof.

(3)The term "Target Transactions" in paragraph (1) means the transaction consummated by a Foreign Insurance Company, etc. or its Parent Financial Institution, etc. or Subsidiary Financial Institution which poses risk of unreasonable negative impact on the interest of customers pertaining to the Foreign Insurance Company, etc. or its Parent Financial Institution, etc. or Subsidiary Financial Institution.

Article 134The inevitable grounds to be specified by Cabinet Office Order, as provided in the proviso to Article 194 of the Act, are as follows:

Article 134-2(1)When a Foreign Insurance Company, etc. intends to obtain an approval under the proviso to Article 194 of the Act, it must submit to the Commissioner of the Financial Services Agency the written application for approval, attaching a written statement of reasons and any other document containing any other matters which would serve as reference information.

(2)When the application for approval under the preceding paragraph is filed, the Commissioner of the Financial Services Agency is to examine as to whether the Foreign Insurance Company, etc. has any inevitable reason provided in the preceding Article for consummating the transaction or conducting the activities set forth in the items of Article 194.

Article 135The transactions or conducts to be specified by Cabinet Office Order, as provided in Article 194, item (ii) of the Act, are as follows:

Article 136(1)A Foreign Insurance Company, etc. must, within four months from the end of the business year (or no later than the date specified by the Commissioner of the Financial Services Agency, in the case of a Conditionally Licensed Foreign Insurance Company, etc.), submit to the Commissioner of the Financial Services Agency the inventory of property, the balance sheet, profit and loss statement and business report (hereinafter referred to as "Account Settlement Documents" in this Article) prepared for its head office or principal office.

(2)Notwithstanding the provisions of Article 2 and Article 3, if the Closing Financial Statements in Japanese are not written in Japanese, attaching the translation of the summary of the Closing Financial Statements is sufficient; and if the amounts are indicated in foreign currencies, noting the conversion rate into Japanese currency is sufficient.

(3)If, due to any inevitable grounds, a Foreign Insurance Company, etc. is unable to submit its Closing Financial Statements within the time limit provided in paragraph (1), it may, with an approval from the Commissioner of the Financial Services Agency in advance, postpone the submission.

(4)When a Foreign Insurance Company, etc. intends to obtain the approval under the preceding paragraph, it must submit to the Commissioner of the Financial Services Agency a written application for approval, with a written statement of reasons.

(5)The provisions of the preceding two paragraphs apply mutatis mutandis to the documents to be kept at the principal establishment in Japan pursuant to the provisions of Article 196, paragraphs (1) and (2) of the Act.

Article 137A Foreign Insurance Company, etc. must prepare the document set forth in the items of Article 196, paragraph (3) of the Act and supplementary schedules thereto in accordance with the Sections Nos. 3, 4, 1 and 2 of the Appended Form No. 12 (or the Appended Form No. 12-2, in the case of a Foreign Insurance Company, etc. to which Article 166, paragraph (1), item (vi) is applicable and which has made a notification under Article 209 of the Act (hereinafter referred to as "Foreign Insurance Company Which Made Notification of Specified Account")), respectively.

Article 138(1)The amount calculated in accordance with the provisions of Cabinet Office Order, as provided in Article 197 of the Act, is the amount of the policy reserve, plus the Reserve for Outstanding Claims (meaning the Reserve for Outstanding Claims; hereinafter the same applies in this Section).

(2)The amount to be specified by Cabinet Office Order, as provided in Article 197 of the Act, is the amount of the deposit, plus the amount equivalent to the equity capital.

(3)A Foreign Insurance Company, etc. must, pursuant to the provisions of Article 197 of the Act, retain in Japan the asset equivalent to the total of the amounts set forth in paragraph (1) and the preceding paragraph, in accordance with the provisions of the following items:

Article 138-2The accounting books to be prepared by a Foreign Mutual Company pursuant to the provisions of Article 54-2, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 198, paragraph (1) of the Act following the deemed replacement of terms must be prepared by means of written documents or Electronic or Magnetic Records.

Article 138-3The balance sheet to be prepared pursuant to the provisions of Article 54-3, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 198, paragraph (1) of the Act must be prepared based on the accounting books of the Foreign Mutual Company as of the date of incorporation thereof.

Article 139The methods to be specified by Cabinet Office Order, as provided in Article 97, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are the methods set forth in the items of Article 47.

Article 140Deleted

Article 140-2Persons who have a special relationship to be specified by Cabinet Office Order, as provided in Article 97-2, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are the persons provided in the items of Article 48-2, paragraph (1).

Article 140-3(1)The amount to be specified by Cabinet Office Order as the amount of asset investment in relation to the same person as a Foreign Insurance Company, etc. as provided in Article 97-2, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act is as follows:

(2)The amount calculated in accordance with Cabinet Office Order, as provided in Article 97-2, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act is the amount set forth in the following items, in accordance with the categories of the amounts of asset investment as respectively set forth therein; provided, however, that this does not apply when approved by the Commissioner of the Financial Services Agency:

(3)When a Foreign Insurance Company, etc. intends to obtain approval set forth in the proviso to the preceding paragraph, it must submit to the Commissioner of the Financial Services Agency a written application for approval, with a written statement of reasons and a document containing any other matters which would serve as reference information attached thereto.

Article 141The business agency service or business handling service to be specified by Cabinet Office Order, as provided in Article 98, paragraph (1), item (i) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, is as follows:

Article 141-2(1)When a Foreign Insurance Company, etc. intends to obtain approval set forth in Article 98, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, it must submit to the Commissioner of the Financial Services Agency a written application for approval, with the following documents attached thereto:

(2)When an application for the approval under the preceding paragraph has been made, the Commissioner of the Financial Services Agency is to examine whether the application conforms the following standards:

Article 141-3The person to be specified by Cabinet Office Order as being closely related to a Foreign Insurance Company, etc., as referred to in the proviso to Article 98, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, is the following persons:

Article 142The certificates to be specified by Cabinet Office Order, as provided in Article 98, paragraph (1), item (iv) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are the certificates specified in the items of Article 52.

Article 142-2The securities to be specified by Cabinet Office Order, as provided in Article 98, paragraph (1), item (iv)-2 of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are the certificates provided in the items of Article 52-2.

Article 142-2-2The transactions to be specified by Cabinet Office Order, as provided in Article 98, paragraph (1), items (vi) or (vii) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are the transactions provided in the items of Article 52-2-2.

Article 142-3(1)The equivalent transactions to be specified by Cabinet Office Order, as provided in Article 98, paragraph (1), item (viii) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are the transactions specified in the items of Article 52-3, paragraph (1).

(2)The transactions which are found unlikely to damage the soundness of management of a Foreign Insurance Company, etc., to be specified by Cabinet Office Order, as provided in Article 98, paragraph (1), item (viii) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are those set forth in the items of Article 52-3, paragraph (1).

(3)The transactions to be specified by Cabinet Office Order, as provided in Article 98, paragraph (1), item (ix) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are the transactions provided in the items of Article 52-3, paragraph (3).

Article 142-3-2(1)The contract to be specified by Cabinet Office Order, as referred to in Article 98, paragraph (1), item (xii), (a) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, is the contract prescribed in Article 52-3-2, paragraph (1).

(2)The expenses to be specified by Cabinet Office Order, as referred to in Article 98, paragraph (1), item (xii), (b) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are the expenses prescribed in Article 52-3-2, paragraph (2).

Article 142-4The transactions to be specified by Cabinet Office Order, as provided in Article 99, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are the transactions provided in the items of Article 52-4.

Article 142-5The transactions to be specified by Cabinet Office Order, as provided in Article 99, paragraph (2), item (iv) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are the transactions provided in the items of Article 52-4-2.

Article 143(1)An interim business report as provided in Article 110, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act (hereinafter referred to as "Interim Business Report" in this Article) must reflect the status of business and properties for the period between the day of commencement of the business year in Japan and September 30 of the relevant business year, and must be submitted within three months from the end of the relevant period, in accordance with the Appended Form No. 11 (or the Appended Form No. 11-2, in the case of a Foreign Insurance Company, etc. with Special Transaction Account), and categorized by interim business report, interim balance sheet, interim profit and loss statement, interim cash flow statement, interim statement of changes in shareholders' equity and a document disclosing the status of solvency margin for Insurance Proceeds, etc.

(2)A business report as provided in Article 110, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act must be submitted within three months from the end of the business year in Japan, in accordance with the Appended Form No. 12 (or the Appended Form No. 12-2, in the case of a Foreign Insurance Company, etc. with Special Transaction Account), and categorized by business report, supplementary schedule, a document concerning the matters related to the shareholders meeting, balance sheet, profit and loss statement, cash flow statement, interim statement of changes in shareholders' equity, a document disclosing the status of solvency margin for Insurance Proceeds, etc. in Japan.

(3)The provisions of Article 59, paragraphs (6) and (7) apply mutatis mutandis to the case where a Foreign Insurance Company, etc. postpones the submission of its Interim Business Report or business report. In this case, the term "paragraph (1), (2), (4) or (5)" in paragraph (6) of the same Article is deemed to be replaced with "Article 143, paragraph (1) or (2)".

Article 143-2(1)The matters to be specified by Cabinet Office Order, as provided in Article 111, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act are as follows (limited to those written in Japanese):

(2)A Foreign Insurance Company, etc. must, in addition to the explanatory documents disclosing the matters provided in the preceding paragraph, keep at its Branch, etc. (meaning the Branch, etc. as provided in Article 185, paragraph (1) of the Act; hereinafter the same applies in this Article) in Japan and make available for public inspection the documents (including the documents written in non-Japanese language) disclosing the matters related to business and properties of such Foreign Insurance Company, etc., or a holding company which has such Foreign Insurance Company, etc. as its Subsidiary Company and which is incorporated under the laws and regulations of a foreign state (referred to as "Foreign Insurance Holding Company" in the following paragraph).

(3)If the documents provided in the preceding paragraph is written in a Non-Japanese language, a Foreign Insurance Company, etc. must, in addition to such documents, prepare the Japanese version of the overview of the Foreign Insurance Company, etc. or the Foreign Insurance Holding Company as well as the balance sheet and profit and loss statement, and keep them at the Branch, etc. in Japan of the Foreign Insurance Company, etc. and make them available for public inspection.

(4)The place to be specified by Cabinet Office Order, provided in Article 111, paragraphs (1) and (4) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, is Branch, etc. in Japan of the Foreign Insurance Company, etc. (excluding Branch in Japan of the Foreign Insurance Company, etc.)

(5)The measures to be specified by Cabinet Office Order, as provided in Article 111, paragraph (4) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are the method whereby the information recorded in the Electronic or Magnetic Records are displayed on paper or on screen.

Article 143-3(1)The explanatory documents prepared pursuant to the provisions of Article 111, paragraphs (1) and (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act (including the documents provided in paragraphs (2) and (3) of the preceding Article; hereinafter referred to in "Explanatory Documents, etc." in this paragraph and the following paragraph) must be made available for public inspection within six months from the end of the business year of the Foreign Insurance Company, etc., and must be kept accessible for the period before the commencement of public inspection of each of the explanatory documents pertaining to the business year immediately after the relevant business year.

(2)when, due to any inevitable grounds, a Foreign Insurance Company, etc. is unable to make available for public inspection the explanatory documents by the period provided in the preceding paragraph, it may, with an approval from the Commissioner of the Financial Services Agency in advance, postpone the submission.

(3)When a Foreign Insurance Company, etc. intends to obtain the approval under the preceding paragraph, it must submit to the Commissioner of the Financial Services Agency a written application for approval, with a written statement of reasons.

(4)When the application for approval under the preceding paragraph has been filed, the Commissioner of the Financial Services Agency is to examine whether the Foreign Insurance Company, etc. which has filed the application has any inevitable reason for postponing the public inspection under paragraph (1).

Article 144(1)When a Foreign Insurance Company, etc. intends to obtain an authorization under Article 112, paragraph (1) of the Act, it must submit to the Commissioner of the Financial Services Agency the written application for authorization as well as the following documents:

(2)When the application for authorization under the preceding paragraph is filed, the Commissioner of the Financial Services Agency is to examine whether the reserve by the Foreign Insurance Company, etc. which has filed an application for the authorization (hereinafter referred to as the "Applicant Foreign Insurance Company, etc." in this paragraph) of the amount specified in the items of the following Article based upon the profits recorded by revaluation of shares with market price would facilitate assurance and improvement of profit of Policyholders, etc.

Article 145The reserves to be specified by Cabinet Office Order, as provided in Article 112, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are as follows:

Article 146(1)The reserve to be set aside by a Foreign Insurance Company, etc. for the purpose of allocation to the policy dividend is the policy dividend reserve.

(2)A Foreign Life Insurance Company, etc. may not transfer to the policy dividend reserve under the preceding paragraph the amount in excess of the total of the following amount:

Article 147The assets to be specified by Cabinet Office Order, as provided in Article 115, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are as follows; provided, however, that the assets belonging to the special account, assets pertaining to the business set forth in Article 99, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act and properties belonging to the special transaction account are not to be included.

Article 148(1)When a Foreign Insurance Company, etc. intends to obtain an authorization under the proviso to Article 115, paragraph (1) or the proviso to paragraph (2) of the same Article as applied mutatis mutandis pursuant to Article 199 of the Act, it must submit to the Commissioner of the Financial Services Agency a written application for authorization, attaching thereto a balance sheet and profit and loss statement for the Insurance Business in Japan and its supplementary schedules or documents equivalent thereto.

(2)When the application under the preceding paragraph is filed, the Commissioner of the Financial Services Agency is to examine whether there exist any inevitable grounds, in light of status of business or properties of the Foreign Insurance Company, etc. which has filed the application for authorization.

Article 149(1)The insurance contract to be specified by Cabinet Office Order, as provided in Article 116, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, is one of the insurance contracts in Japan concluded by a Foreign Insurance Company, etc. on or after the enforcement of the Act, which does not fall under any of the contracts specified in the following items:

(2)Notwithstanding the preceding paragraph, among the insurance contracts in Japan concluded by a Foreign Insurance Company, etc. on or after the day to be specified by the Commissioner of the Financial Services Agency (or insurance contracts whose insurance period starts on or after the day to be specified by Cabinet Office Order, if the Insurance Company is a Foreign Non-Life Insurance Company, etc.; the same applies in the following paragraph), the insurance contracts to be specified by Cabinet Office Order, as provided in Article 116, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are deemed not to fall under any of the following items:

(3)Notwithstanding the preceding two paragraphs, among the insurance contracts in Japan concluded by a Foreign Insurance Company, etc. on or after the day to be specified by the Commissioner of the Financial Services Agency, the insurance contracts to be specified by Cabinet Office Order, as provided in Article 116, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are deemed not to fall under any of the following items:

Article 150(1)A Foreign Life Insurance Company, etc. must, for each accounting period and for each of the categories respectively set forth in the following items, calculate and set aside as the policy reserve the amounts respectively set forth therein, based on the insurance premiums received before the relevant accounting period and in accordance with the formula specified in the documents set forth in Article 187, paragraph (3), item (iv) of the Act:

(2)With regard to the insurance contracts in effect in Japan at the time of the account closing period for which the insurance premiums were not paid before the account closing period, and for which the payment of insurance premiums cannot be expected between the account closing period and the day when the insurance contracts ceases to be effective, the amount calculated as the amount necessary for payment of the Death Insurance Proceeds, etc. (meaning the insurance proceeds payable upon the death or the occurrence of any of the events set forth in Article 3, paragraph (4), item (ii), (a) to (e) of the Act) for the period between the account closing period and the day when the insurance contracts ceases to be in effect is to be set aside as the Outstanding Insurance Premiums under item (ii) of the preceding paragraph.

(3)Insurance premiums not paid until the account closing period pertaining to the business year in Japan may not be recorded in the asset section of the balance sheet.

(4)Insurance Premium Reserve under paragraph (1), item (i) (hereinafter simply referred to as "Insurance Premiums Reserve" in this paragraph and the following paragraph) and refund reserve under paragraph (1), item (ii)-2 (hereinafter simply referred to as "Refund Reserve" in this paragraph and the following paragraph) are to be set aside in accordance with the provisions of the following items:

(5)If the policy reserve set aside pursuant to the provisions of paragraphs (1), (2) and the preceding paragraph is found to likely to be insufficient to cover the performance of the future obligations, additional Insurance Premiums Reserve and refund reserve must be set aside, by way of amendment to the documents specified in Article 187, paragraph (3), item (iv) of the Act.

(6)Contingency Reserve under paragraph (1), item (iii) must be set aside in accordance with the following categories:

(7)Contingency Reserve under item (iii), paragraph (1) is to be set aside in accordance with the standards for reserving and reversal; provided, however, that if, in light of the status of business or properties of the Foreign Life Insurance Company, etc., there are any inevitable grounds, reserving not in accordance with the standard of reserve to be specified by the Commissioner of the Financial Services Agency and reversal not in accordance with the standard of reversal to be specified by the Commissioner of the Financial Services Agency.

Article 151(1)A Foreign Non-Life Insurance Company, etc. must, for each accounting period and for each of the categories respectively set forth in the following items, calculate and set aside as the policy reserve the amounts respectively set forth therein; provided, however, that this does not apply to the setting aside of policy reserve pertaining to the contract for automobile damage liability insurance as provided in Article 5 (Compulsory Conclusion of Contract for Liability Insurance or Liability Mutual Aid Insurance) of the Automobile Liability Security Act and the earthquake insurance contract as provided in Article 2, paragraph (2) (Definitions) of the Act on Earthquake Insurance (hereinafter referred to as "Policy Reserve for Automobile Damage Liability Insurance, etc."):

(2)Regular policy reserve under item (i) of the preceding paragraph (limited to the amount pertaining to the Insurance Premiums Reserve under (a) of the same item (hereinafter simply referred to as "Insurance Premiums Reserve" in this paragraph); simply referred to as "Regular Policy Reserve" in this paragraph and the following paragraph) and refund reserve under item (iii) of the same paragraph are to be set aside in accordance with the provisions of the following items:

(3)When the policy reserve set aside pursuant to the provisions of the preceding two paragraphs is found to likely to be insufficient to cover the performance of the future obligations, additional regular policy reserve and refund reserve must be set aside, by way of amendment to the documents specified in Article 187, paragraph (2), item (iv) of the Act.

(4)A Foreign Non-Life Insurance Company, etc. is to calculate the amount set forth in the items of paragraph (1) (excluding the Contingency Reserve under item (ii)-2 of the same paragraph) in accordance with the method specified in the documents referred to in Article 187, paragraph (2), item (iv) of the Act and also in accordance with the formula to be specified by the Commissioner of the Financial Services Agency; and is to calculate the amount of liability reserve for the Policy Reserve for Automobile Damage Liability Insurance, etc. in accordance with the method specified in the documents referred to in Article 187, paragraph (2), item (iv) of the Act.

(5)Contingency Reserve under paragraph (1), item (ii)-2 must be set aside in accordance with the following categories:

(6)Contingency Reserve under item (ii)-2, paragraph (1) is to be set aside in accordance with the method specified in the documents referred to in Article 187, paragraph (2), item (iv) of the Act and also in accordance with the standards for reserve and reversal to be specified by the Commissioner of the Financial Services Agency; provided, however, that if, in light of the status of business or properties of the Foreign Non-Life Insurance Company, etc., there are any inevitable grounds, reserving not in accordance with the standard of reserve to be specified by the Commissioner of the Financial Services Agency and reversal not in accordance with the standard of reversal to be specified by the Commissioner of the Financial Services Agency.

Article 152The case to be specified by Cabinet Office Order, as provided in Article 117, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, is the Insurance Proceeds refund or any other benefit, for which the occurrence of the insured event has not been reported but the Foreign Insurance Company, etc. finds that insured event provided in the insurance contracts has occurred.

Article 153The insurance contract to be specified by Cabinet Office Order, as provided in Article 118, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, is as follows:

Article 154The cases to be specified by Cabinet Office Order, as provided in Article 118, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are the acceptance of insurance premiums, payment of insurance proceeds, refund or any other benefits, loan to policyholders or repayment thereof, borrowing from other account than special account and repayment thereof, or any other transfer of money equivalent thereto, which are specified in the documents under Article 187, paragraph (3), item (ii) of the Act.

Article 154-2(1)A Foreign Insurance Company, etc. (when item (i) applies, a Foreign Insurance Company, etc. as well as a party entrusted by the Foreign Insurance Company, etc.) must manage the properties belonging to the special account, in accordance with the following methods:

(2)When a Foreign Insurance Company, etc. entrust the third party to manage the properties belonging to the Designated Special Account, it must put in place a sufficient system to ensure that such entrusted third party will manage the properties belonging to the Designated Special Account in accordance with the provisions of item (i) of the preceding paragraph.

(3)A Foreign Insurance Company, etc. must, for the purpose of making clear the business handling and calculation pertaining to the Designated Special Account, prepare the accounting books set forth in items (i) and (ii) in accordance with the Appended Forms, and must keep them for the period specified in the following items in accordance with the categories of the accounting books as respectively set forth therein:

Article 155The Foreign Non-Life Insurance Company, etc. which fall under the requirements to be specified by Cabinet Office Order, as provided in Article 120, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, is all Foreign Non-Life Insurance Companies, etc., except for Foreign Non-Life Insurance Company, etc. which only underwrites the insurance contracts set forth in the following items:

Article 156The matters to be specified by Cabinet Office Order, as provided in Article 120, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are as follows: the actuarial methodology pertaining to the following, in the case of a Foreign Life Insurance Company, etc.; or the actuarial methodology pertaining to those set forth in the following items (i) to (iv), (vi) and (ix) in relation to the insurance contracts other than those set forth in the items of the preceding Article, in the case of a Foreign Non-Life Insurance Company, etc.:

Article 157The person who satisfies the requirements to be specified by Cabinet Office Order, as provided in Article 120, paragraph (2) as applied mutatis mutandis pursuant to Article 199 of the Act, is as follows: the person who satisfies any of the requirements under the items of Article 78, paragraph (1), in the case of a Life Insurance Company; or the person who satisfies any of the requirements under the items of Article 78, paragraph (2).

Article 157-2The matters to be specified by Cabinet Office Order, as provided in Article 121, paragraph (1), item (iii) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are the matters set forth in the following item (i), in the case of a Foreign Life Insurance Company, etc.; or the following matters, in the case of a Foreign Non-Life Insurance Company, etc.:

Article 158An responsible actuary in Japan of a Foreign Insurance Company, etc. must, for each account closing period, verify the matters set forth in the items of Article 121, paragraph (1) as applied mutatis mutandis pursuant to Article 199 of the Act, in accordance with the following requirements and any other requirements to be specified by the Commissioner of the Financial Services Agency:

Article 159The insurance contracts to be specified by Cabinet Office Order, as provided in Article 121, paragraph (1), item (i) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act, are all insurance contracts unwritten by the Foreign Life Insurance Company, etc., in the case of a Foreign Life Insurance Company, etc.; or all insurance except as set forth in the items of Article 76, in the case of a Foreign Non-Life Insurance Company, etc.

Article 160The provisions of Article 49, Article 50, Articles 52-5 to 53-3-3, Article 53-4 (excluding paragraph (2)), Articles 53-6 to 53-12-2, Article 54-4 to Article 54-7 and Article 59-7 apply mutatis mutandis to a Foreign Insurance Company, etc.; the provisions of Article 62 apply mutatis mutandis to the case where a Foreign Insurance Company, etc. distributes policy dividends; the provisions of Article 63 apply mutatis mutandis to an account established in Japan by a Foreign Insurance Company, etc. for the purpose of assurance of distribution of policy dividend in a fair and equitable manner; the provisions of Article 66 apply mutatis mutandis to the Price Fluctuation Reserve under Article 115, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act which is to be set aside by a Foreign Insurance Company, etc. in Japan; the provisions of Article 71 apply mutatis mutandis to the case where a Foreign Insurance Company, etc. reinsures its insurance contracts in Japan; the provisions of Article 73 apply mutatis mutandis to Reserve for Outstanding Claims to be set aside by a Foreign Insurance Company, etc. for each account closing period pertaining to its business year in Japan; the provisions of Article 79 apply mutatis mutandis to an responsible actuary in Japan of a Foreign Insurance Company, etc.; and the provisions of Article 82 apply mutatis mutandis to a written opinion submitted by an responsible actuary in Japan of a Foreign Insurance Company, etc. to the Representative Person in Japan of such Foreign Insurance Company, etc. In the aforementioned cases, the term "Article 47, Article 48-3 and Article 48-5" in Article 49 is deemed to be replaced with "Article 139 and Article 140-3"; the term "Article 47, Article 48-3, Article 48-5 and the preceding Article" in Article 50 is deemed to be replaced with Article 139 and Article 140-3, as well as Article 49 as applied mutatis mutandis pursuant to Article 160"; the term "policyholders" in Article 53 is deemed to be replaced with "policyholders in Japan"; the term "Article 100-2 of the Act" in paragraph (1) of the same Article is deemed to be replace with "Article 100-2 of the Act as applied mutatis mutandis pursuant to Article 199 of the Act"; the term "Article 74, item (i), (a) and item (iii)" in items (i) to (vi) of the same paragraph is be deemed to be replaced with "Article 153, item (i), (a) and item (iii)"; the term "an insurance contract (excluding those set forth in Article 83, item (i), (b) and (d); the same applies in items (v) to (vii))" in item (i) of the same Article is deemed to be replaced with "an insurance contract"; the term "Article 74" in item (vii) of the same paragraph is deemed to be replaced with "Article 153"; the term "Article 4, paragraph (2), item (iii) of the Act" in item (vii)-2 of the same paragraph is deemed to be replaced with "Article 187, paragraph (3), item (iii)"; the terms "Article 118 of the Act" and "policyholder" in Article 53-2 are deemed to be replaced with "Article 118 of the Act as applied mutatis mutandis pursuant to Article 199 of the Act" and "policyholder in Japan", respectively; the terms "business" and "customers" in Article 53-2-2 are deemed to be replaced with "business in Japan" and "customers in Japan", respectively; the term "Article 98 of the Act" in item (i), paragraph (1) of the same Article is deemed to be replaced with "Article 98 of the Act as applied mutatis mutandis pursuant to Article 199 of the Act"; the term "business office or any other office" in paragraph (3) of the Article is deemed to be replaced with "Branch, etc. (meaning a Branch, etc. as provided in Article 185, paragraph (1) of the Act; the same applies hereinafter) in Japan"; the terms "business office or any other office" and "customers" in Article 53-3 are deemed to be replaced with "Branch, etc. in Japan" and "customers in Japan", respectively; the terms "business" and "customers" in Article 53-3-2 are deemed to be replaced with "business in Japan" and "customers in Japan", respectively; the term "business" in Article 53-3-3 is deemed to be replaced with "business in Japan"; the terms "Person in Specified Relationship" and "customers" in Article 53-4 are deemed to be replaced with "Person in Special Relationship" (meaning a Person in Special Relationship as provided in Article 194, paragraph (1) of the Act; the same applies hereinafter)" and "customers in Japan, respectively; the terms "business office or any other office" and "Person in Specified Relationship" in Article 53-5 are deemed to be replaced with "Branch Office, etc. in Japan" and "Person in Special Relationship", respectively; the terms "Person in Specified Relationship (meaning Person in Specified Relationship provided in Article 53-4, paragraph (2))" and "customers" in Article 53-6 are deemed to be replaced with "Person in Special Relationship" and "customers in Japan", respectively; the terms "Article 97, Article 98 or Article 99 of the Act", "business" and "customers" in Article 53-7 are deemed to be replaced with "Article 97, Article 98 or Article 99 of the Act as applied mutatis mutandis pursuant to Article 199 of the Act", "business in Japan" and "customers in Japan", respectively; the term "insurance" in paragraph (2) of the same Article is deemed to be replaced with "insurance pertaining to the Insurance Business in Japan"; the term "Customer" in Article 53-8 is deemed to be replaced with "customers in Japan"; the term "fund demander" in Article 53-9 is deemed to be replaced with "fund demander in Japan"; the terms "business" and "customers" in Article 53-10 are deemed to be replaced with "business in Japan" and "customers", respectively; the term "business" in Article 53-11 is deemed to be replaced with "business in Japan"; the term "customers" in item (iii) of the same Article is deemed to be replaced with "customers in Japan"; the term "Policyholders, etc." in items (iv) and (v) of the same Article is deemed to be replaced with "Policyholders, etc. in Japan"; the term "policyholder" in Article 53-12-2 is deemed to be replaced with "policyholder in Japan"; the term "Article 100-5 of the Act" and the term "Policyholders" in Articles 54-4 to 54-6 are deemed to be replaced with "Article 100-5 of the Act as applied mutatis mutandis pursuant to Article 199 of the Act" and "Policyholders in Japan", respectively; the terms "Article 111, paragraph (6) of the Act", "business of the Insurance Company and its Subsidiary Company, etc." in Article 59-7 are deemed to be replaced with "Article 111, paragraph (6) of the Act as applied mutatis mutandis pursuant to Article 199 of the Act following the deemed replacement of terms" and "business in Japan of the Foreign Insurance Company, etc.", respectively; the term "insurance contracts" in the main clause of Article 62 is deemed to be replaced with "insurance contracts in Japan"; the term "policyholders" in item (i) of the same Article is deemed to be replaced with "policyholders in Japan"; the term "Article 4, paragraph (2), item (ii) of the Act" in Article 30-3, paragraph (3) as applied mutatis mutandis pursuant to Article 63 is deemed to be replaced with "Article 187, paragraph (3), item (ii) of the Act"; the term "assets held as of the each account closing period" and "book value" in Article 66 are deemed to be replaced with "assets held in Japan as of the each account closing period pertaining to the business year in Japan" and "book value as of the account closing period pertaining to the business year in Japan", respectively; the term "insurance contracts" in Article 71, paragraph (2) is deemed to be replaced with "insurance contracts in Japan"; the terms "insurance contracts", "Insurance Proceeds, etc.", "each account closing period", and "the preceding Article" in Article 73, paragraph (1) are deemed to be replaced with "insurance contracts in Japan", "insurance proceeds, refunds or any other benefits", "each account closing period pertaining to the business year in Japan" and "Article 152", respectively; the term "Article 4, paragraph (2), item (iv) of the Act" in paragraph (2) of the same Article is deemed to be replaced with "Article 187, paragraph (3), item (iv) of the Act"; the term "the preceding Article" in Article 79, paragraph (1) is deemed to be replaced with "Article 157"; the term "to the board of directors meeting at which the financial statements are to be approved" in Article 82, paragraph (1) is deemed to be replaced with "no later than three weeks prior to the time limit for submission of business report"; the term "trade name or name" in item (i) of the same paragraph is deemed to be replaced with "trade name or name"; the term "the preceding Article" in item (iii) of the same paragraph is deemed to be replaced with "Article 159"; the term "the matters related to policy dividends or distribution of surplus to members" in item (iv) of the same paragraph is deemed to be replaced with "the matters related to policy dividends"; the term "the matters related to transfer to policy dividend reserve under Article 64, paragraph (1) or to members' dividend reserve under Article 30-5, paragraph (1), item (i)" in item (v) of the same paragraph is deemed to be replaced with "policy dividend reserve under Article 146, paragraph (1)"; the term "Article 79-2" in item (vi) of the same paragraph is deemed to be replaced with "Article 157-2"; and the term "board of directors meeting" in paragraph (2) of the same Article is deemed to be replaced with "Representative Person in Japan of the Foreign Insurance Company, etc."

Article 161(1)The amount of deposits or any other amount to be specified by Cabinet Office Order, as provided in Article 202, item (i) of the Act, is the amount obtained by deducting the amount calculated as exclusion from deferred tax assets (meaning the amount to be recorded as assets by the application of tax effect accounting (meaning an accounting method which, where there are differences between the amounts of assets and liabilities reported on the balance sheet for the insurance business in Japan and the amounts of assets and liabilities derived as a result of calculating the tax base, reasonably matches the amount of net income or net surplus for the period before deducting corporation tax, etc. (meaning corporation tax and any other taxes that are imposed on amounts related to profits or surplus as the tax base; hereinafter the same applies in this paragraph, Article 190, paragraph (1) and Article 210-11-3, paragraph (1)) with the applicable amount of corporation tax, etc. through an appropriate inter-period allocation of the amount of Corporation Tax, etc. pertaining to such differences; the same applies in item (v))) by the method specified by the Commissioner of the Financial Services Agency, from the following amounts:

(2)The term "Market Value" as referred to in item (vi) of the preceding paragraph means the value set forth in Article 86, paragraph (2).

Article 162The amount equivalent to the risk not normally predictable that may accrued from the occurrence of the insured event for which the insurance is underwritten, as provided in Article 202, item (ii) of the Act, or any from other grounds is the amount calculated by the method specified by the Commissioner of the Financial Services Agency based upon the following amounts:

Article 163Deleted

Article 164The matters to be specified by Cabinet Office Order, as provided in Article 123, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 207 of the Act, are as follows:

Article 165When a Foreign Insurance Company, etc. intends to obtain an approval under Article 208 of the Act, it must submit to the Commissioner of the Financial Services Agency the written application for authorization, attaching thereto the following documents:

Article 166(1)The cases to be specified by Cabinet Office Order, as provided in Article 209, item (ix) of the Act, are as follows:

(2)For filing the notification under Article 209 of the Act, a Foreign Insurance Company, etc. must submit to the Commissioner of the Financial Services Agency the notification, attaching thereto a written statement of reasons and any other document which would be informative (when item (vi)-3 of the preceding paragraph applies, the documents specified in the following items):

(3)The notification, when paragraph (1), item (ii) applies, is to be filed no later than three weeks prior to the time limit for submission of the business report on Insurance Business in Japan, and is to be filed together with the balance sheet and profit and loss statement for the Insurance Business in Japan, supplementary schedules thereto, or any other documents similar to any of the aforementioned documents.

(4)A Deplorable Event as provided in item (xvii), paragraph (1) means the case where the Foreign Insurance Company, etc. or a party to whom its business is commissioned, or the Representative Person in Japan or employees of the Foreign Insurance Company, etc. (excluding the persons who fall under the category of the Life Insurance Agents and Non-Life Insurance Agents), the officers or employees of the party to whom the business of the Foreign Insurance Company, etc. is commissioned (excluding the persons who fall under the category of the Life Insurance Agents and Non-Life Insurance Agents), the Life Insurance Agents or Non-Life Insurance Agents of the Foreign Insurance Company, etc. or such agents' respective officers or employees has committed any of the acts as set forth in the following items:

(5)A notification, when paragraph (1), item (xvii) is applicable, must be filed within 30 days from the day when the Foreign Insurance Company, etc. finds the occurrence of the Deplorable Event.

Article 166-2The documents to be specified by Cabinet Office Order, as provided in Article 136-2, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act, are as follows:

Article 166-3The matters to be specified by Cabinet Office Order, as provided in the main clause of Article 137, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act (including the cases where it is applied pursuant to the provisions of Article 251, paragraphs (2) and (3) of the Act following the deemed replacement of terms, and the cases where it is applied mutatis mutandis pursuant to the provisions of Article 270-4, paragraph (9) of the Act following the deemed replacement of terms), are the following matters (in cases where the main clause of Article 137, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act is applied following the deemed replacement of terms pursuant to the provisions of Article 251, paragraphs (2) and (3) of the Act, and in cases where the main clause of Article 137, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act is applied mutatis mutandis following the deemed replacement of terms pursuant to the provisions of Article 270-4, paragraph (9) of the Act, the matters set forth in items (i) and (ii)):

Article 166-4The cases to be specified by Cabinet Office Order, as provided in the proviso to Article 137, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act, are the cases which satisfy all of the following requirements:

Article 167The amount to be specified by Cabinet Office Order, as provided in Article 137, paragraph (3) of the Act (including the cases where it is applied pursuant to the provisions of Article 251, paragraphs (2) and (3) of the Act following the deemed replacement of terms, and the cases where it is applied mutatis mutandis pursuant to the provisions of Article 270-4, paragraph (9) of the Act following the deemed replacement of terms) as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act, is the amount set forth in item (i), in the case of a Life Insurance Company; or the total of the amounts set forth in items (ii) and (iii), in the case of a Non-Life Insurance Company:

Article 167-2The amount to be specified by Cabinet Office Order, as referred to in Article 137, paragraph (5) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act, is the amount set aside as the refund reserve prescribed in Article 150, paragraph (1), item (ii)-2 or Article 151, paragraph (1), item (iii).

Article 167-3The matters to be specified by Cabinet Office Order, as referred to in Article 138, paragraph (1), item (iii) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act, are the matters set forth in the items of Article 166-3.

Article 168(1)The application for authorization under Article 139, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act must be filed by way of submitting to the Commissioner of the Financial Services Agency the written application for authorization under the joint name of the Transferor and the Transferee, within one month from the passage of the period for objection under Article 137, paragraph () of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act.

(2)For filing the written application for authorization under the preceding paragraph, the following document (in cases where insurance contracts are transferred under Article 250, paragraph (1) of the Act; cases where Article 139, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act is applied mutatis mutandis following the deemed replacement of terms pursuant to the provisions of Article 270-4, paragraph (9) of the Act; and cases where a Company under Reorganization Proceedings performs any of the activities set forth in Article 262, item (v) or Article 359, item (i) of the Special Act for Reorganization in accordance with a Reorganization Plan pursuant to Article 262, item (v) or Article 359, item (i) of the Special Act for Reorganization: the documents set forth in items (i) to (v), (vii) to (xi), (xvii) and (xviii)) must be attached:

Article 168-2When conducting an examination under Article 139, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act upon an application for authorization under paragraph (1) of the preceding Article, the Commissioner of the Financial Services Agency is to take into account the following circumstances:

Article 169The matters to be specified by Cabinet Office Order, as provided in the first sentence of Article 140, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act, are as follows:

Article 169-2The cases to be specified by Cabinet Office Order, as provided in the proviso to Article 140, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act, are the cases which satisfy all of the requirements listed in the items of Article 166-4.

Article 170The provisions of Article 92 apply mutatis mutandis to transfer of insurance contracts in Japan of a Foreign Insurance Company, etc. In this case, the terms "documents under Article 4, paragraph (2), items (ii) to (iv) of the Act (hereinafter collectively referred to as the "Statement of Business Procedures, etc." in this paragraph)" and "Article 187, paragraph (3), items (ii) to (iv) of the Act" in paragraph (1) of the same Article are deemed to be replaced with "documents under Article 4, paragraph (2), items (ii) to (iv) of the Act" and "documents under Article 187, paragraph (3), items (ii) to (iv) of the Act (hereinafter collectively referred to as the "Statement of Business Procedures, etc. in Japan" in this paragraph)"; the terms "Transferor Company", "Business Manual, etc." and "Article 139, paragraph (1) of the Act" are deemed to be replaced with "Transferor Company as provided in Article 135, paragraph (3) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act", "Business Manual, etc. in Japan", and "Article 139, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act", respectively; the term "Transferee Company" in paragraph (2) of the same Article is deemed to be replaced with "Transferee Company as provided in Article 135, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act.

Article 171The companies to be specified by Cabinet Office Order, as provided in Article 144, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act, are a Foreign Insurance Company, which has established an office of a person acting as an agent for underwriting insurances pertaining to its Insurance Business in Japan, as set forth in Article 185, paragraph (1) of the Act.

Article 172(1)An application for authorization under Article 145, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act must be made by way of submitting to the Commissioner of the Financial Services Agency a written application for authorization under the joint names of the Entrusting Company (meaning the Foreign Insurance Company, etc. entrusting the administration of business and property in Japan; hereinafter the same applies in this Article and the following Article) and Entrusted Company (meaning the Entrusted Company as provided in Article 144, paragraph (1) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act; hereinafter the same applies in this Article and the following Article).

(2)The following documents must be attached to a written application for authorization under the preceding paragraph:

Article 173(1)An application for authorization under Article 149, paragraph (2) of the Act as applied mutatis mutandis pursuant to Article 210, paragraph (1) of the Act must be made by way of submitting to the Commissioner of the Financial Services Agency a written application for authorization under the joint names of the Entrusting Company and the Entrusted Company.

(2)For filing the written application for authorization under the preceding paragraph, the following documents must be attached:

Article 174When an interested party makes a request for appointment or dismissal of liquidator pursuant to the provisions of Article 212, paragraph (2) of the Act, such party must attach to the written application a document certifying that the party falls under the category of the interested party.

Article 175(1)The application for permission under Article 500, paragraph (2) (Restrictions on Performance of Obligations) of the Companies Act applied following the deemed replacement of terms pursuant to the provisions of Article 178 of the Act as applied mutatis mutandis pursuant to Article 212, paragraph (4) of the Act must be made by submission of the written application for permission with the names of the all liquidators affixed thereon.

(2)In filing a written application for permission under the preceding paragraph, the following documents must be attached:

Article 175-2Except for those that are not applicable by their nature, the provisions of Article 110-2, Articles 110-4 to 110-7 and Articles 114-2 to 114-8 apply mutatis mutandis to the matters to be specified by Cabinet Office Order, pursuant to the provisions of Article 482, paragraph (3), item (iv) (Execution of Business), Article 489, paragraph (6), item (vi) (Authority of Board of Liquidators), Article 492, paragraph (1) (Preparation of Inventory of Property), Article 536, paragraph (1), item (ii) and item (iii), (a) (Restrictions on Transfer of Business), Article 548, paragraph (1), item (iv) (Determination of Calling of Creditors' Meeting), Article 550, paragraph (1), Article 551, paragraphs (1) and (2) (Issuance of Reference Documents for Creditors' Meetings and Proxy Cards), Article 556, paragraph (2) (Voting in Writing), Article 557, paragraph (1) (Voting through Use of Electronic or Magnetic Means) and Article 561 (Minutes) of the Companies Act as applied mutatis mutandis pursuant to Article 212, paragraph (4) of the Act following the deemed replacement of terms.

Article 176The amount to be specified by Cabinet Office Order, as provided in Article 177, paragraph (3) of the Act as applied mutatis mutandis pursuant to Article 212, paragraph (5) of the Act, is the amount set aside as the refund reserve prescribed in Article 150, paragraph (1), item (ii)-2 or Article 151, paragraph (1), item (iii).

Article 176-2Except for those that are not applicable by their nature, the provisions of Article 110-2, Articles 110-4 to 110-7 and Articles 114-2 to 114-8 apply mutatis mutandis to the matters to be specified by Cabinet Office Order, pursuant to the provisions of Article 482, paragraph (3), item (iv) (Execution of Business), Article 489, paragraph (6), item (vi) (Authority of Board of Liquidators), Article 492, paragraph (1) (Preparation of Inventory of Property), Article 536, paragraph (1), item (ii) and item (iii), (a) (Restrictions on Transfer of Business), Article 548, paragraph (1), item (iv) (Determination of Calling of Creditors' Meeting), Article 550, paragraph (1), Article 551, paragraphs (1) and (2) (Issuance of Reference Documents for Creditors' Meetings and Proxy Cards), Article 556, paragraph (2) (Voting in Writing), Article 557, paragraph (1) (Voting through Use of Electronic or Magnetic Means) and Article 561 (Minutes) of the Companies Act as applied mutatis mutandis pursuant to Article 822 (Liquidation of a Foreign Company's Property in Japan) of the Companies Act, as further applied mutatis mutandis pursuant to Article 213 of the Act following the deemed replacement of terms.

Article 177The provisions of Article 110 apply mutatis mutandis to a liquidator of the liquidating Foreign Insurance Company, etc.

Article 177-2The measures to be specified by Cabinet Office Order, as provided in the provisions set forth in the following items are the characters, numbers, marks or any other types of symbols or a combination thereof created for the purpose of the online identification of the portion of the Automatic Public Transmission Server to be used for the purpose of implementing the measure under such paragraph, which enables recipients of the information to browse the details of such information by inputting it into the computers they use:

Article 178(1)The matters to be specified by Cabinet Office Order, as provided in Article 218, paragraph (1) of the Act, are as follows:

(2)When a Foreign Insurer without license, referred to in Article 185, paragraph (1) of the Act, intends to file a notification under Article 218, paragraph (1) of the Act, it must submit to the Commissioner of the Financial Services Agency a notification with the following documents (if the Foreign Insurer is an individual person, limited to the document set forth in item (i)):

Article 179(1)The documents to be specified by Cabinet Office Order, as provided in 220, paragraph (3) of the Act, are as follows:

(2)In the business plan set forth in item (ii) of the preceding paragraph, the Insurance Solicitation plan, prospect for income and expenditure and the matters which serve the basis thereof.

Article 180(1)An original of the written application for license under Article 220, paragraph (1) of the Act and its attachments must be submitted to the Prime Minister, via the Commissioner of the Financial Services Agency.

(2)A Specified Corporation which intends to obtain a license under Article 219, paragraph (1) of the Act may request preliminary examination by submitting to the Prime Minister, via the Commissioner of the Financial Services Agency, the documents prepared in accordance with the provisions of Article 220, paragraphs (1) to (4) of the Act.

Article 181The parties to be specified by Cabinet Office Order, as provided in Article 220, paragraph (3), item (v) of the Act, are the parties permitted under the rules of the Specified Corporations to hold a deliberation with policyholders to fix the terms and conditions of the insurance contract.

Article 182(1)An applicant of license under Article 219, paragraph (1) of the Act (hereinafter referred to as a "License Applicant" in this Article) must state the following matters in the documents as referred to in Article 220, paragraph (3), item (ii) of the Act:

(2)When a License Applicant establishes a Special Account, such applicant must, in addition to the matters set forth in the items of the preceding paragraph, state the following matters:

(3)When a License Applicant establishes an Accumulation Account, such applicant must, in addition to the matters set forth in the items of paragraph (1), state the following matters:

(4)A License Applicant must state the matters specified in the items of Article 121 in the documents set forth in Article 220, paragraph (2), item (iii) of the Act:

(5)A License Applicant must state the following matter in the documents specified in Article 220, paragraph (3), item (iv) of the Act: the matters specified in Article 122, items (i) to (vi) and item (viii), in the case of an application for a specified life insurance business license as referred to in Article 219, paragraph (4) of the Act; or the matters specified in Article 121, items (i), (ii), (vii) and (viii), in the case of an application for a specified non-life insurance business license as referred to in Article 219, paragraph (5) of the Act.

Article 182-2When the Prime Minster conducts an examination provided in Article 221 of the Act which pertains to the license application under Article 219, paragraph (1) of the Act, the Prime Minister is to take into account the following circumstances:

Article 183The provisions of Article 126, paragraph (1) apply mutatis mutandis to a person who concludes with the licensed specified corporation (meaning a licensed specified corporation as provided in Article 223 of the Act; the same applies hereinafter) a contract under Article 223, paragraph (3) of the Act; and the provisions of Article 126, paragraphs (2) and (3) apply to a person who makes a deposit pursuant to the provisions of Article 223, paragraph (1), (2), (4) or (9) of the Act or Article 14, paragraph (6) or Article 15, paragraph (1) of the Regulation on Deposits by Licensed Specified Corporations (Order of the Ministry of Justice and the Ministry of Finance No. 2 of 1996).

Article 184The financial institutions to be specified by Cabinet Office Order, as provided in Article 32 of the Cabinet Order, are to be the financial institutions listed in the items of Article 127.

Article 185(1)When any licensed specified corporation has concluded a contract under Article 223, paragraph (3) of the Act (hereinafter referred to as "Contract" in this Article to Article 187) and (including cases where it has effected any amendment to the terms and conditions of such contracts upon the approval under Article 32, item (iii) of the Cabinet Order (hereinafter referred to as "Approval" in this Article to Article 187) of the Commissioner of the Financial Services Agency), it must submit such Contract to the Commissioner of the Financial Services Agency.

(2)If a licensed specified corporation has effected the cancellation of the Contract with the Approval, it must submit to the Commissioner of the Financial Services Agency a document certifying such fact.

Article 186When a licensed specified corporation intends to obtain an Approval, it must, no later than one month prior to the day when it intends to effect cancellation of the Contract pertaining to such Approval or to amend any terms and conditions thereunder, submit to the Commissioner of the Financial Services Agency a written application for approval, as well as a written statement of reasons and any document describing reference information.

Article 187The day to be specified by Cabinet Office Order as provided in Article 223, paragraph (9) of the Act is the day specified in the following items, in accordance with the categories respectively set forth therein:

Article 188(1)The Securities to be specified by Cabinet Office Order, as provided in Article 223, paragraph (10) of the Act, are the following Securities:

(2)When a licensed specified corporation intends to obtain an Approval under item (iv) of the preceding paragraph, it must submit to the Commissioner of the Financial Services Agency a written application for approval, as well as a written statement of reasons and any document describing reference information.

(3)The provisions of Article 132 apply mutatis mutandis to value of the Securities, when, pursuant to the provisions of Article 223, paragraph (10) of the Act, the deposited money is substituted by Securities. In this case, the term "item (iv), paragraph (1) of the preceding Article" in Article 132, paragraph (1), item (iv) is deemed to be replaced with "Article 188, paragraph (1), item (iv)" and the term "the items of paragraph (1) of the preceding Article" is deemed to be replaced with "the items of Article 188, paragraph (1)".

Article 189The matters to be specified by Cabinet Office Order, as provided in Article 225, paragraph (1) of the Act, are the matters specified in Article 220, paragraph (3), items (iii) and (iv) of the Act, the matters listed in the items of Article 182, paragraph (1), the matters provided in Article 182, paragraph (2), and the matters specified in the items of Article 182, paragraph (3), which pertain to the following contracts: