SCAPIN-1107: APPLICATION OF IWATE INDUSTRIAL COMPANY, LTD. (IWATE SANGYO K.K.), FOR REMOVAL FROM THE SCHEDULE OF RESTRICTED CONCERNS
GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS
APO 500
6 August 1946
AG 004
(6 Aug 46)
ESS/AC
(SCAPIN - 1107)
| MEMORANDUM FOR | Imperial Japanese Government |
|---|---|
| THROUGH | Central Liaison Office, Tokyo |
| SUBJECT | Application of Iwate Industrial Company, Ltd. (iwate Sangyo K. K.), for Removal from the Schedule of Restricted Concerns. |
1. References are the following Memoranda:
a. Central Liaison Office Memorandum No. 3239 (EF), 3 July 1946, subject: "Joint Application of Kawasaki Heavy Industries Co. and Iwate Industrial Co., Ltd. for Release of the latter from Schedule of Restricted Concerns (LO 750/334)";
b. Memorandum for the Imperial Japanese Government from General Headquarters, Supreme Commander for the Allied Powers, AG 004 (8 Dec 45) ESS/AC, 8 December 1945 (SCAPIN-403), subject: "Establishment of a Schedule of Restricted Concerns";
c. Memorandum for the Imperial Japanese Government from General Headquarters, Supreme Commander for the Allied Powers, AG 004 (7 May 46) ESS/AC, 7 May 1946 (SCAPIN-931), subject: "Addition of Subsidiaries of Kawasaki Heavy Industries, Ltd., to Schedule of Restricted Concerns."
2. Reference Memorandum la, above, forwards application of Kawasaki Heavy Industries, Ltd., and Iwate Industrial Company, Ltd. for removal of the latter from the Schedule of Restricted Concerns established by reference Memorandum 1b, above, to which it was added by reference Memorandum 1c, above.
3. Iwate Industrial Company, Ltd., is hereby removed from the Schedule of Restricted Concerns and the addition thereto referred to in subparagraphs 1b and c, above, respectively.
FOR THE SUPREME COMMANDER:
/s/ R. Y. Hersey
for /t/ JOHN B. COOLEY,
Colonel, AGD,
Adjutant General.
MEMO FOR RECORD: (SCAPIN - 1107)
24 July 1946
1. CLO Memorandum No. 3239 (EF), dated 3 July 1946, forwards application of Kawasaki Heavy Industries, Ltd., and its subsidiary, the Iwate Industrial Company, Ltd. (Iwate Sangyo K. K.), the latter having been added on 7 May 1946 to the Schedule of Restricted Concerns established by SCAP Memorandum AG 004 (8 Dec 45) ESS/AC (SCAPIN-403), subject: "Establishment of a Schedule of Restricted Concerns," for removal of the Iwate Industrial Company, Ltd., from the Schedule of Restricted Concerns.
2. At the time the Iwate Industrial Company, Ltd. (then known as Iwate Iron Works. Ltd.), was placed on the Schedule of the Restricted Concerns, Kawasaki Heavy Industries, Ltd., reported that it owned 16.6% of the stock of Iwate Industrial Company, Ltd. It has now been determined that such information was erroneous and that Kawasaki Heavy Industries, Ltd., in fact owns only two (2) percent of the stock of Iwate Industrial Company, Ltd. Such being the case, the latter named Company is not considered a subsidiary as defined by paragraph 2 of inclosure 1 to SCAP Memorandum AG 319.1 (22 Oct 45) ESS/IE (SCAPIN-177), subject: "Reports to be Made by Certain Business Firms"; therefore, the attached Memorandum removes Iwate Industrial Company, Ltd. from the Schedule of Restricted Concerns.
3. This is an administrative matter and no surveillance by the Eighth Army is required.
4. The interests of USAFIK are not concerned.
5. Concurrences: ESS/IN (Mr. J. Z. Reday); ESS/LE (Lt. Col. E. R. Minnich).
/s/t/ J. McI. H.
