SCAPIN-1905: REMOVAL OF CERTAIN COMPANIES FROM THE SCHEDULE OF RESTRICTED CONCERNS
GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS
APO 500
8 June 1948
AG 004
(8 Jun 48)
ESS/AC
(SCAPIN - 1905)
| MEMORANDUM FOR | Japanese Government |
|---|---|
| SUBJECT | Removal of Certain Companies from the Schedule of Restricted Concerns |
1. Reference the following memoranda for the Japanese Government from General Headquarters, Supreme Commander for the Allied Powers:
a. AG 004 (8 Dec 45) ESS/AC, SCAPIN 403, 8 December 1945, subject: Establishment of a Schedule of Restricted Concerns.
b. AG 004 (10 Jan 46) ESS/AC, SCAPIN 572, 10 January 1946, subject: Addition of Oji Paper Manufacturing Company, Ltd, and Subsidiaries on Schedule of Restricted Concerns.
c. AG 004 (14 Mar 46) ESS/AC, SCAPIN-813, 14 March 1946, subject: Addition of Tokyo-Shibaura Electric Company, Ltd., Japan Radio Company, Ltd., Oki Electric Company, Ltd., Oki Securities Company, Ltd., Oki Communications Instrument Company, Ltd., Matsushita Electric Industries Company, Ltd., Japan Iron and Steel Company, Ltd., and their Subsidiaries and Affiliates to Schedule of Restricted Concerns.
d. AG 004 (21 May 46) ESS/AC, SCAPIN 972, 21 May 1946, subject: Addition of Nissan Chemical Industrial Company, Ltd. and its Subsidiaries to Schedule of Restricted Concerns.
e. AG 004 (8 Jun 46) ESS/AC, SCAPIN 1004, 8 June 1946, subject: Addition of Certain Textile Companies to Schedule of Restricted Concerns.
2. The following companies, placed on the Schedule of Restricted Concerns by reference memoranda paragraphs 1a, b, c, d, and e, above, are hereby removed from the Schedule of Restricted Concerns, reference memorandum 1a, above, and additions thereto:
a. Nisso Engineering Works, Ltd. (Nisso Seisakusho K.K.)
b. Tatebayashi Industrial Company, Ltd. (Tatebayashi Sangyo K.K.)
c. Ebihara Car Body Industry, Ltd. (Ebihara Shatai Kogyo K.K.)
d. Kawasaki Yokkaichi Engineering Works, Ltd. (Kawasaki Yokkaichi Seisakusho K.K.)
e. Hakone Hot Spring Supply Company, Ltd.
f. Asahi Ironworks, Ltd. (Asahi Tekkosho K.K.)
g. Tohoku Matsushita Machine Works, Ltd. (Tohoku Matsushita Koki K.K.)
h. Kukinoumi Shipbuilding Company, Ltd. (Kukinoumi Zosen K.K.)
i. Ishike Special Steel Extension Co., Ltd. (Ishike Tokushu Shintetsu K.K.)
j. Kahotan Industry, Ltd. (Kahotan Kogyo K.K.)
k. Patent Cleaner Company, Ltd. (Tokkyo Senzai K.K.)
l. Shinano Plank Company, Ltd. (Shinano Goban K.K.)
FOR THE SUPREME COMMANDER:
/s/ A. J. Rehe
for /t/ R. M. LEVY,
Colonel, A.G.D.,
Adjutant General
MEMO FOR RECORD: (SCAPIN - 1905)
WFM/ECW/GRL, Jr. /LHW/mjh
27 May 1948
1. References are SCAP Memorandum AG 004 (8 Dec 45) ESS/AC, SCAPIN-403, subject: "Establishment of a Schedule of Restricted Concerns," and additions thereto.
2. The following companies were placed on the Schedule of Restricted Concerns, reference paragraph 1, above, because they were first line subsidiaries of designated holding companies:
a. Nisso Engineering Works, Ltd. (Nisso Seisakusho K.K.)
b. Tatebayashi Industrial Company, Ltd. (Tatebayashi Sangyo K.K.)
c. Ebihara Car Body Industry, Ltd. (Ebihara Shatai Kogyo K.K.)
d. Kawasaki Yokkaichi Engineering Works, Ltd. (Kawasaki Yokkaichi Seisakusho, K.K.)
e. Hakone Hot Spring Supply Company, Ltd. (Hakone Onsen Kyokyu K.K.)
f. Asahi Iron Works, Ltd. (Asahi Tekkosho K.K.)
g. Tohoku Matsushita Machine Works, Ltd. (Tohoku Matsushita Koki K.K.)
h. Kukinoumi Shipbuilding Company, Ltd. (Kukinoumi Zosen K.K.)
i. Ishike Special Steel Extension Co., Ltd. (Ishike Tokushu Shintetsu K.K.)
j. Kahotan Industry, Ltd. (Kahotan Kogyo K.K.)
k. Patent Cleaner Company, Ltd. (Tokkyo Senzai K.K.)
l. Shinano Plank Company, Ltd. (Shinano Goban K.K.)
3. The following chart indicates the company, its parent company, the number of shares the parent company owned, and the date the company was added to the Schedule of Restricted Concerns.
Company Parent Company No. of Shares Owned by Parent Co. Date Restricted
Nisso Engineering Works, Ltd. Japan Soda Company, Ltd. 3,462 8 Dec 45
Tatebayashi Industrial Co., Ltd. Fuji Industrial Co., Ltd. 7,400 8 Dec 45
Ebihara Car Body Ind., Ltd. Fuji Industrial Co., Ltd. 34,020 8 Dec 45
Kawasaki Yokkaichi Eng. Works, Ltd. Kawasaki Heavy Industry Co., Ltd. 2,920 8 Dec 45
Hakone Hot Springs Supply Co., Ltd. Shibusawa Dozoku Co., Ltd. 9,000 8 Dec 45
Asahi Iron Works, Ltd. Oji Paper Mfg. Co., Ltd. 7,718 10 Jan 46
Tohoku Matsushita Machine Works, Ltd. Matsushita Electric Ind. Co., Ltd. 1,506 14 Mar 46
Kukinoumi Shipbuilding Japan Iron and Steel Co., Ltd. 48,000 14 Mar 45
Ishike Special Steel Extension Co., Ltd. Oki Electric Co., Ltd. 3,000 14 Mar 46
Kahotan Industry, Ltd. Oki Electric Co., Ltd. 36,000 14 Mar 46
Patent Cleaner Co., Ltd. Nissan Chem. Ind. Co., Ltd. 1,666 21 May 46
Shinano Plank Co., Ltd. Toyo Cotton Spinning Co., Ltd 7,500 8 Jun 46
4. In compliance with Law No. 233 of 1945 the parent company, in all the above cases, transferred the stock it held in its subsidiaries to the Holding Company Liquidation Commission. This prevented the holding company from dissipating the assets of its subsidiaries through management of the company. Since the HCLC has now disposed of these stocks either to employees of the issuing company or to individuals having no connection with the parent concerns, none of the companies own any stock in other companies, United Nations Nationals interests are not involved, and the companies are neither designated (Law 207) nor special accounting companies, there is no longer reason to keep them on the Schedule of Restricted Concerns.
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: None required.
Major P. H. Cullen - 26-6560
E. C. W.
