Pride Bushido 3 was a mixed martial arts event held by the Pride Fighting Championships. It took place at the Yokohama Arena in Yokohama, Japan on May 23, 2004. The fight card was highlighted by three fights between Team Gracie and Team Japan.

Katsuhisa Fujii vs. Jin O Kim
Fujii defeated Kim via submission (rear-naked choke) at 2:58 of round 1.

Matt Foki vs. Aleksander Emelianenko
Emelianenko defeated Foki via submission (rear-naked choke) at 3:16 of round 1.

Kazuo Misaki vs. Jorge Patino
Misaki defeated Patino via unanimous decision.

Carlos Newton vs. Daiju Takase
Takase defeated Newton via split decision.

Chalid Arrab vs. Kazuhiro Nakamura
Nakamura defeated Arrab via submission (armbar) at 4:45 of round 1.

Mirko Filipovic vs. Hiromitsu Kanehara
Filipovic defeated Kanehara via unanimous decision.

Ricardo Almeida vs. Ryo Chonan
Almeida defeated Chonan via unanimous decision.

Ralph Gracie vs. Takanori Gomi
Gomi defeated Gracie via TKO (knees) at 0:06 of round 1.

Ryan Gracie vs. Ikuhisa Minowa
Gracie defeated Minowa via split decision.

Bertrand Amoussou vs. Rao Rao
Amoussou defeated Rao via KO (punch) at 0:29 of round 2.

Mu Bae Choi vs. Yoshihisa Yamamoto
Choi defeated Yamamoto via unanimous decision. Yamamoto was deducted points for grabbing the ropes.