Section 2 Establishment of Organs Other than Shareholders Meeting
第二節 株主総会以外の機関の設置
Article 326Establishment of Organs Other than Shareholders Meeting
第三百二十六条（株主総会以外の機関の設置）
A stock company must have one or more directors.
株式会社には、一人又は二人以上の取締役を置かなければならない。
A stock company may have a board of directors, an accounting advisor, a company auditor, a board of company auditors, a financial auditor, audit and supervisory committee, or nominating committee, etc. as prescribed by the articles of incorporation.
株式会社は、定款の定めによって、取締役会、会計参与、監査役、監査役会、会計監査人、監査等委員会又は指名委員会等を置くことができる。
Article 327Obligations to Establish Board of Directors and Other Organizations
第三百二十七条（取締役会等の設置義務等）
The following stock company must have a board of directors:
次に掲げる株式会社は、取締役会を置かなければならない。
A company with board of directors (excluding company with audit and supervisory committees and company with nominating committee, etc.) must have a company auditor;provided, however, that this does not apply to a company with accounting advisor that is not a public company.
取締役会設置会社（監査等委員会設置会社及び指名委員会等設置会社を除く。）は、監査役を置かなければならない。ただし、公開会社でない会計参与設置会社については、この限りでない。
A company with financial auditor (excluding a company with audit and supervisory committees and company with nominating committee, etc.) must have a company auditor.
会計監査人設置会社（監査等委員会設置会社及び指名委員会等設置会社を除く。）は、監査役を置かなければならない。
A company with audit and supervisory committees and company with nominating committee, etc. may not have a company auditor.
監査等委員会設置会社及び指名委員会等設置会社は、監査役を置いてはならない。
A company with audit and supervisory committees and company with nominating committee, etc. must have a financial auditor.
監査等委員会設置会社及び指名委員会等設置会社は、会計監査人を置かなければならない。
A company with nominating committee, etc. must not have an audit and supervisory committee.
指名委員会等設置会社は、監査等委員会を置いてはならない。
Article 327-2Obligation to Have an Outside Director
第三百二十七条の二（社外取締役の設置義務）
A company with board of company auditors (limited to a public company that is a large company) that is required to submit an annual securities report to the Prime Minister with respect to shares that the company issues pursuant to the provisions of Article 24, paragraph (1) of the Financial Instruments and Exchange Act must have an outside director.
Article 328Obligations of Large Companies to Establish Board of Company Auditors
第三百二十八条（大会社における監査役会等の設置義務）
A large company (excluding a company which is not a public company, a company with audit and supervisory committee, and a company with nominating committee, etc.) must have a board of company auditors and a financial auditor.
大会社（公開会社でないもの、監査等委員会設置会社及び指名委員会等設置会社を除く。）は、監査役会及び会計監査人を置かなければならない。
A large company which is not a public company must have a financial auditor.