SCAPIN-1057: ADDITION OF KURIBAYASHI COMMERCIAL STEAMSHIP COMPANY LTD. (KURIBAYASHI SHOSEN K. K.) TO THE SCHEDULE OF RESTRICTED CONCERNS
GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS
APO 500
9 July 1946
AG 004
(9 Jul 46)
ESS/AC
(SCAPIN-1057)
| MEMORANDUM FOR | IMPERIAL JAPANESE GOVERNMENT. |
|---|---|
| THROUGH | Central Liaison Office, Tokyo. |
| Subject | Addition of Kuribayashi Commercial Steamship Company, Ltd., (Kuribayashi Shosen K. K.), to the Schedule of Restricted Concerns. |
1. Reference is made to the following Memoranda for the Imperial Japanese Government from General Headquarters, Supreme Commander for the Allied Powers:
a. AG 319. 1 (22 Oct 45) ESS/IE (SCAPIN-177), subject: “Reports to be Made by Certain Business Firms.”
b. AG 004 (31 Oct 45) ESS (SCAPIN-215), subject: “Sale or Transfer of Securities of Certain Business Firms.”
c. AG 004 (8 Dec 45) ESS/AC (SCAPIN-403), subject: “Establishment of Schedule of Restricted Concerns.”
d. AG 300. 8 (8 Dec 45) ESS/AC (SCAPIN-408), subject: “Regulations Affecting Restricted Concerns.”
e. AG 123 (15 Jan 46) ESS/FI (SCAPIN-599), subject: “Restriction on Dividend Payments.”
f. AG 319. 1 (19 Jan 46) ESS/AC (SCAPIN-625), subject: “Reports to be Made by Certain Business Firms.”
g. AG 150 (23 Feb 46) ESS/AC (SCAPIN-767), subject: “War Damage and Government Indemnity Claims of Companies on the Schedule of Restricted Concerns.”
h. AG 248 (24 May 46) ESS/AC (SCAPIN-981), subject: “Payment of Salaries to Executive Officers of Restricted Concerns.”
2. The Kuribayashi Commercial Steamship Company, Ltd., (Kuribayashi Shosen K. K.), a subsidiary of Oji Paper Manufacturing Company, Ltd., is hereby added to the Schedule of Restricted Concerns referred to in subparagraph 1c, above.
3. The Imperial Japanese Government will take immediate action to assure that the Kuribayashi Commercial Steamship Company, Ltd., shall comply with the provisions of and make reports required by reference Memoranda listed in paragraph 1, above. Wherever reference is made in inclosure 1 and inclosure 2 to Memorandum referred to in subparagraph 1a, above, to the year 1944, it shall be amended to read 1945.
FOR THE SUPREME COMMANDER:
JOHN B. COOLEY,
Colonel, AGD,
Adjutant General.
MEMO FOR RECORD: (SCAPIN - 1057)
WFM/JMcIH/MFE/gg
27 June 1946
1. Pursuant to the policy set forth in JCS Directive 1380/15, dated 3 November 1945, investigations are being made of concerns which are not listed on inclosure to SCAP Memorandum AG 004 (8 Dec 45) ESS/AC (SCAPIN-403), subject: "Establishment of a Schedule of Restricted Concerns," and subsequent additions thereto.
2. a. Kuribayashi Commercial Steamship Company, Ltd., has functioned as a subsidiary of the Oji Paper Manufacturing Company, Ltd. This steamship concern has been engaged by the latter as the exclusive carrier in transporting newsprint produced at the Tamakomai Mill, in Hokkaido, and the Chairman of the Kuribayashi Commercial Steamship Company, Ltd., is a director of the parent Company. Twenty-three (23) percent of the capital stock is owned by other companies on the schedule of Restricted Concerns, the largest shareholders being subsidiaries of Mitsui, Mitsubishi, Yasuda and Okura.
b. Since the Oji Paper Manufacturing Company, Ltd., owns ten (10) percent of the Kuribayashi Commercial Steamship Company, Ltd., the latter is considered a subsidiary, as defined by SCAP Memorandum AG 310.1 (22 Oct 45) ESS/IE (SCAPIN-177), subject: "Reports to be made by Certain Business Firms," and should, therefore, be placed on the Schedule of Restricted Concerns referred to in paragraph 1, above.
3. The interests of USAFIK have been considered. This action does not affect the Korean area.
4. This is considered an administrative matter.
5. Concurrences: Industrial Division, ESS (Lt. Comdr. D. W. Cogswell)
Legal Division, ESS (Lt. Col. E. R. Minnich).
J. McI. H.
