SCAPIN-1446: APPLICATION OF ISHIHARA STEEL MANUFACTURING COMPANY, LTD., (ISHIHARA SEIKO K.K.) FOR REMOVAL FROM SCHEDULE OF RESTRICTED CONCERNS
GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS
APO 500
8 January 1947
AG 095
(8 Jan 47)
ESS/AC
(SCAPIN-1446)
| MEMORANDUM FOR | IMPERIAL JAPANESE GOVERNMENT. |
|---|---|
| THROUGH | Central Liaison Office, Tokyo. |
| Subject | Application of Ishihara Steel Manufacturing Company, Ltd, (Ishihara Seiko K. K.), for Removal from Schedule of Restricted Concerns |
1. References are the following Memoranda:
a. Central Liaison Office Memorandum No. 4062 (LO 1075/513), dated 17 August 1946, subject: Application of Ishihara Steel Mfg. Co., Ltd. for Release from Schedule of Restricted Concerns;
b. Memorandum for the Imperial Japanese Government from General Headquarters, Supreme Commander for the Allied Powers, file AG 004 (8 Dec. 45) ESS/AC, (SCAPIN-403), dated 8 December 1945, subject: Establishment of a Schedule of Restricted Concerns;
c. Memorandum for the Imperial Japanese Government from General Headquarters, Supreme Commander for the Allied Powers, file AG 004 (15 Jun 46) ESS/AC, (SCAPIN 1024), dated 15 June 1946, subject: Addition of Subsidiaries of Kanegafuchi Industrial Company, Ltd, to Schedule of Resticted Concerns.
2. Reference Memorandum 1a, above, forwards application of Ishihara Steel Manufacturing Company, Ltd, for removal from the Schedule of Restricted Concerns established by reference Memorandum 1b, above, to which he applicant was added by reference Memorandum 1c, above.
3. Ishihara Steel Manufacturing Company, Ltd, is hereby removed from the Schedule of Restricted Concerns and the additions thereto, referred to in paragraphs 1b and c, above, respectively.
FOR THE SUPREME COMMANDER:
JOHN B. COOLEY,
Colonel, AGD,
Adjutant General.
MEMO FOR RECORD: (SCAPIN - 1446) 18 October 1946
1. CLO Memorandum No. 4062 (LO 1075/513), 17 August 1946, forwards application of Ishihara Steel Manufacturing Company, Ltd., and added on 15 June 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 from said Schedule.
2. a. Prior to restricting the Ishihara Steel Manufacturing-Company, Ltd., a report submitted by the Kanegafuchi Spinning Company, Ltd., (formerly Kanegafuchi Industrial Company, Ltd), showed that the latter owned 20,000 shares; or one hundred (100) percent, of the stock of the former. Therefore, the Ishihara Steel Manufacturing Company, Ltd., was added to the Schedule of Restricted Concerns as a subsidiary of Kanegafuchi Industrial Company, Ltd. It has developed that the parent company had transferred the holdings back to the former shareholders on 23 September 1945, which was prior to the date that the applicant was placed on the list of Restricted Concerns.
b. As a result, the Ishihara Steel Manufacturing Company, Ltd., is not a subsidiary of Kanegafuchi Spinning Company, Ltd., as defined by SCAP Memorandum AG 319. 1 (22 Oct 45) ESS/IE (SCAPIN-177), subject: "Reports to be Made by Certain Business Firms" and is, therefore, removed from the Schedule of Restricted Concerns by the attached Memorandum.
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/FI (Lt. Col. D. H. Jennings); ESS/LE (Major E. R. Minnich).
V. H. K.
