SCAPIN-1077: ADDITION OF DAIWA INDUSTRY COMPANY, LTD. (DAIWA KOGYO K.K.) AND ITS SUBSIDIARIES TO SCHEDULE OF RESTRICTED CONCERNS
GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS
APO 500
23 Jul 1946
AG 004
(23 Jul 46)
ESS/AC
(SCAPIN-1077)
| MEMORANDUM FOR | IMPERIAL JAPANESE GOVERNMENT. |
|---|---|
| THROUGH | Central Liaison Office, Tokyo. |
| Subject | Addition of Daiwa Industry Company, Ltd., (Daiwa Kogyo K. K.), and Its Subsidiaries to 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 a 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.”
i. AG 004 (8 June 46) ESS/AC (SCAPIN-1008), subject: “Limitation of Activities of and Requiring of Reports from Certain Concerns.”
j. AG 004 (4 July 46) ESS/AC (SCAPIN-1053), subject: “Changes in Names of Restricted Concerns.”
2. The following named subsidiaries of Daiwa Industry Company, Ltd., (Daiwa Kogyo K. K.), are herby removed from inclosure to reference Memorandum li, above, and the Daiwa Industry Company, Ltd., (Daiwa Kogyo K. K.), and its subsidiaries listed below are hereby added to the Schedule of Restricted Concerns referred to in subparagraph 1c, above:
a. In Japan:
General Machinery Company, Ltd.
Kansai Sailcloth Chemical Waterproof Company, Ltd.
Shimane Fibre Company, Ltd.
Soyo RubberCompany, Ltd.
Yamatogawa Ore Dressing Company, Ltd.
b. Outside Japan:
Chosen Daiwa Cotton Spinning Company, Ltd.
Kitsugawa Dock Company, Ltd.
Soyo Rubber Works Company, Ltd.
Taiya Textile Company, Ltd.
Toa Heavy Industry Company, Ltd.
3. The Imperial Japanese Government will take immediate action to assure that the Daiwa Industry Company, Ltd., and its subsidiaries listed in paragraph 2, above, shall comply with the provisions of and make reports required by reference Memoranda listed in paragraph 1, above, exclusive of subparagraph 1i. Wherever reference is made in inclosure 1 and inclosure 2 to Memoranda referred to in subparagraph 1a, above to the year 1944, it shall be amended to read 1946.
4. Insofar as this Memorandum refers to companies located outside Japan, it shall be construed to affect only such assets, liabilities, operations, reports and records as are located in Japan.
FOR THE SUPREME COMMANDER:
JOHN B. COOLEY,
Colonel, AGD,
Adjutant General.
MEMO FOR RECORD : (SCAPIN - 1077)
WFM/JMcIH/RAM/gg
3 July 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 1945) ESS/AC (SCAPIN-403), subject: "Establishment of a Schedule of Restricted Concerns, " or subsequent additions thereto. The Daiwa Industrial Company, Ltd., (Daiwa Sangyo K. K.) was placed on the Schedule of Restricted Concerns on 20 March 1946 as a subsidiary of Fuji Industrial Company, Ltd., by SCAP Memorandum AG 004 (20 Mar 1946) ESS/AC (SCAPIN-831), subject: "Addition of Subsidiaries of Fuji Industrial Company, Ltd. , on Schedule of Restricted Concerns."
2. As the Daiwa Industrial Company, Ltd., (Daiwa Sangyo K. K.) referred to in paragraph 1, above, had not as yet made the reports required of Restricted Concerns, all information on the Daiwa Industry Company, Ltd., (Daiwa Kogyo K. K.) was obtained from the Statistics and Research Division files. Because that Division translates Kogyo to Industrial and Sangyo to Industry, it was believed that Daiwa Industry Company, Ltd,, (Daiwa Kogyo K. K.) was the same concern that had, at a prior date, been restricted as a subsidiary of Fuji Industrial Company, Ltd., and that its subsidiaries were, in fact, second degree subsidiaries. Therefore, the Daiwa Industry Company, Ltd., (Daiwa Kogyo K. K.) and its subsidiaries, although participating in the same malpractices followed by the thirteen (13) textile concerns placed on the Schedule of Restricted Concerns by SCAP Memorandum AG 004 (8 Jun 46) E3S/AC (SCAPIN-1004) the subsidiaries were not placed on the Schedule of Restricted Concerns, but, instead, these "second degree" subsidiary firms were listed on inclosure to SCAP Memorandum ;AG 004 (8 Jun 46) ESS/AC (SCAPIN-1008), subject: "Limitation of Reports from Certain Concerns. "
3. a. To correct this situation, the subsidiaries of Daiwa Industry Company, Ltd. (Daiwa Kogyo K.K.), as listed below, are being deleted from inclosure to Memorandum (SCAPIN-1008), referred to in paragraph 2, above, and because of their indulgence in certain malpractices indicated in paragraph 2, above, and pursuant to JCS Directive referred to in paragraph 1, above, the Daiwa Industry Company, Ltd., (Daiwa Kogyo K. K.), and its subsidiaries listed below, should be added to the Schedule of Restricted Concerns:
b. In Japan:
General Machinery Company, Ltd. Soyo Rubber Company, Ltd.
Kansai Sailcloth Chemical Waterproof Company, Ltd. Yamatogawa Ore Dressing Company, Ltd.
Shimane Fibre Company, Ltd.
c. Outside Japan:
Chosen Daiwa Cotton Spinning Company, Ltd. Taiya Textile Company, Ltd.
Kitsugawa Dock Company, Ltd. Toa Heavy Industry Company, Ltd.
Soyo Rubber Works Company, Ltd.
4. This Division is re-checking the names of all Restricted Concerns to verify the correctness of previous translation of their names;upon completion, any discrepancies will be corrected.
5. The interests of USAFIK have been considered. This action does not affect the Korean area.
6. This is considered an administrative natter.
7. Concurrences: Legal Division, ESS (Lt. Col. E. R. Minnich); Industrial Division, ESS (Major W. L. Bunting).
J. Mcl. H.
