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Article 25

第二十五条

A stock company may be incorporated by either of the following methods:

株式会社は、次に掲げるいずれかの方法により設立することができる。

the method by which incorporator subscribe for all shares issued at incorporation (meaning the shares which are issued at incorporation of a stock company; the same applies hereinafter) pursuant to the provisions of the following Section through Section 8; or

次節から第八節までに規定するところにより、発起人が設立時発行株式(株式会社の設立に際して発行する株式をいう。以下同じ。)の全部を引き受ける方法

the method by which, in addition to the subscription by incorporator for the shares issued at incorporation, person who will subscribe for the shares issued at incorporation is solicited pursuant to the provisions of the following Section, Section 3, Article 39 and Section 6 through Section 9.

次節、第三節、第三十九条及び第六節から第九節までに規定するところにより、発起人が設立時発行株式を引き受けるほか、設立時発行株式を引き受ける者の募集をする方法

Each incorporator must subscribe for one or more shares issued at incorporation in the incorporation of a stock company.

各発起人は、株式会社の設立に際し、設立時発行株式を一株以上引き受けなければならない。

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