SCAPIN-1753: ADDITION TO SCHEDULE OF RESTRICTED CONCERNS OF HAYASHIKANE COMPANY, LTD. (HAYASHIKANE SHOTEN K. K.), AND ITS SUBSIDIARIES
GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS
APO 500
28 July 1947
AG 095
(28 Jul 47)
ESS/AC
(SCAPIN - 1753)
| MEMORANDUM FOR | Japanese Government |
|---|---|
| THROUGH | Central Liaison Office, Tokyo |
| SUBJECT | Addition to Schedule of Restricted Concerns of Hayashikane Company, Ltd. (Hayashikane Shoten K. K.), and its Subsidiaries |
1. Reference is made to the following memoranda for the Japanese Government from General Headquarters, SCAP:
a. AG 319/1 (22 Oct 45) ESS/IE (SCAPIN-177), dated 25 October 1945, subject: Reports to be Made by Certain Business Firms.
b. AG 004 (31 Oct 45) ESS/AC (SCAPIN-215), dated 31 October 1945, subject: Sale or Transfer of Securities of Certain Business Firms.
c. AG 004 (8 Dec 45) ESS/AC (SCAPIN-403), dated 8 December 1945, subject: Establishment of a Schedule of Restricted Concerns.
d. AG 300. 8 (8 Dec 45) ESS/AC (SCAPIN-408), dated 8 December 1945, subject: Regulations Affecting Restricted Concerns.
e. AG 123 (15 Jan 46) ESS/FI (SCAPIN-599), dated 15 January 1946, subject: Restriction on Dividend Payments.
f. AG 319. 1 (19 Jan 46) ESS/AC (SCAPIN-625), dated 19 January 1946, subject: Reports to be Made by Certain Business Firms.
g. AG 004 (4 Jul 46) ESS/AC (SCAPIN-1053), dated 4 July 1946, subject: Changes in Names of Restricted Concerns.
h. AG 004 (28 Sep 46) ESS/AC (SCAPIN-1238), dated 28 Sep 1946, subject: Supplementary Regulations Affecting Restricted Concerns.
i. AG 150 (23 Feb 46) ESS/AC (SCAPIN-767), dated 23 February 1946, subject: War Damage and Government Indemnity Claims of Companies on the Schedule of Restricted Concerns.
2. The Hayashikane Company, Ltd. and its subsidiaries listed below, are hereby added to the Schedule of Restricted Concerns referred to in paragraph 1c, above:
Hayashikane Shipbuilding Company Yamaguchi Pref. Combined
Taiyo Fishing Company Pursein Net Fishing Company
Ogawazima Whaling Company Shimonoseki Oil Supply Equipment Company
Showa Fishing Company Aomori Pref. Canning Company
Japan Special Foodstuff Company Nagasaki Pref. Canning Company
Kwanmon Shipbuilding Company Hayashikane Marine Industry Company
3. The Japanese Government will take immediate action to assure that the Hayashikane Company, provisions of reference memoranda listed in paragraph 1, above.
FOR THE SUPREME COMMANDER:
/s/ R. Y. Hersey
for /t/ R. M. LEVY,
Colonel, A.G. D.,
Adjutant General
MEMO FOR RECORD : (SCAPIN - 1753)
WFM/ECW/CVD/mcf
21 July 1947
1. Pursuant to the policy set forth in JCS directive 1380/15, 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," or subsequent additions thereto.
2. The Hayashikane Company, Ltd with a capitalization of \25,000,000 and total assets of \107,347,324.98 as of 31 July 1946, functioned chiefly as an operating company during the period from 1924 to 1943 in all branches of the fishing industry, including whaling enterprises, shipbuilding, cold storage and the manufacture of ice, salt, and marine supplies. Its expansion has been chiefly due to the establishment of new concerns and amalgamations with other companies. This company at the present time has a predominate position in the fishing industry as a whole. Promptly after the repeal of the 1942 Aquatic Products Control Ordinance, under the National Mobilization Law in 1945, the Taijo Fishing Company, Ltd. was established for the purpose of carrying on all industrial operations of the parent company, Hayashikane Co., Ltd. and was capitalized at \60,000,000.
3. Hayashikane Company, Ltd, owns more than ten (10) percent of the following companies' capital stock:
Owned by Hayashikane Co., Ltd.
Name of Company Capitalization Amount Percent
Hayashikane Shipbuilding Co. \12,680,000 \12,040,000 95
Taiyo Fishing Co. 60,000,000 38,615,000 64
Ogawazima Whaling Co. 153,000 25,000 16
Showa Fishing Co. 195,000 159,900 82
Japan Special Foodstuff Co. 150,000 45,000 30
Kwanmon Shipbuilding Co. 1,052,000 350,000 33
Yamaguchi Pref. Combined Pursein Net Fishing Co 180,000 49,000 27
Shimonoseki Oil Supply Equipment Co. 190,000 35,250 19
Aomori Pref. Canning Co. 1,350,000 372,900 28
Nagasaki Pref. Canning Co. 2,200,000 1,114,750 51
Hayashikane Marine Industry Co. 1,800,000 1,490,950 83
4. Based on the above facts and in compliance with JCS directive referred to in paragraph 1, above, the Hayashikane Company, Ltd, and its subsidiaries, as listed in paragraph 3, above, should be added to the Schedule of Restricted Concerns referred to in first paragraph of this memorandum.
5. This is an administrative matter and no surveillance by the Eighth Army is required.
6. The interests of USAFIK are not concerned.
7. Concurrences: ESS/LE (Mr. E. J. Carrington)
E. C. W. 26-6561
