SCAPIN-1958: REMOVAL OF CERTAIN COMPANIES FROM THE SCHEDULE OF RESTRICTED CONCERNS

GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS

APO 500
11 January 1949

AG 004 (8 Dec 45) ESS/AC
(SCAPIN-1958)

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 (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; Oki Securities Company; Oki Communications Instrument Company, Ltd; Matsushita Electric Industries Company, Ltd; Japan Iron and Steel Company, Ltd; and their Subsidiaries and Affiliates to the Schedule of Restricted Concerns.
c. AG 004 (13 May 46) ESS/AC, SCAPIN 950, 13 May 1946, subject: Addition of Showa Electric Industry Company, Ltd (Showa Denko Kabushiki Kaisha) and Subsidiaries 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.
f. AG 095 (28 Jul 47) ESS/AC, SCAPIN 1753, 28 July 1947, subject: Addition to Schedule of Restricted Concerns of Hayashikane Company, Ltd (Hayashikane Shoten K. K.), and its Subsidiaries.
2. The following companies placed on the Schedule of Restricted Concerns by reference memoranda paragraphs 1a through 1f, above, are hereby removed from the Schedule of Restricted Concerns reference memorandum 1a, above, and additions thereto:
a. Yamaguchi Prefecture Combined Pursein Net Fishing Company, Ltd (Yamaguchi Ken Godo Kinchakuami Gyogo K.K.)
b. Shikoku Bank, Ltd (Shikoku Ginko K.K.)
c. Taisho Transport Company, Ltd (Taisho Unso K.K.)
d. Kawasaki Electric Machinery Works, Ltd (Kawasaki Denki Kosakusho K.K.)
e. Shinto Transportation Company, Ltd (Shinto Unyo K.K.)
f. Kawasaki Fujiidera Engineering Works, Ltd (Kawasaki Fujiidera Seisakusho K.K.)
g. Ogura Productive Industrial Company, Ltd (Ogura Shokusan Kogyo K.K.)
h. Shusho Printing Company, Ltd (Shusho Insatsu K.K.)
i. Kyowa Bank, Ltd (Kyowa Ginko K.K.) formerly Japan Savings bank, Ltd (Nippon Chochiku Ginko K.K.)
j. Hokkai Edible Oil Company, Ltd (Hokkai Shukuyo Yushi K.K.)
k. Showa Black Lead Company, Ltd (Showa Kokuen K.K.) formerly Japan Manchuria Graphite Company, Ltd (Nichiman Kokuen K.K.)
l. Otsu Rubber Industrial Company, Ltd (Otsu Gomu Kogyo K.K.)
m. Ofu Industrial Company, Ltd (Ofu Kogyo K.K.) formerly Ofu Aero Industrial Company, Ltd (Ofu Koku Kogyo K.K.)
n. Teikoku Sewing Machine Company, Ltd (Teikoku Mishin K.K.)
o. Toyo Rubber Chemical Industrial Company, Ltd (Toyo Gomu Kagaku Kogyo K.K.) formerly Toyo India Rubber Chemical Industrial Company, Ltd

FOR THE SUPREME COMMANDER:

R.M. LEVY,
Colonel, AGD,
Adjutant General.

MEMO FOR RECORD: (SCAPIN - 1958)
WFM/ECW/CHS/lt
3 January 1949
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 companies listed above were placed on the Schedule of Restricted Concerns, reference paragraph 1, above, because they were first line subsidiaries of designated holding companies.
3. In compliance with Law No. 233 of 1946 the parent company, in all of the above cases, transferred the stock it held in its subsidiaries to the HCLC. 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 shares either to employees of the issuing company or to individuals having no connection with the parent concern, none of the companies own any stock in other companies, United Nations Nationals interests are not involved, and the companies are neither designated (Law No. 207) nor special accounting companies, there is no longer reason to keep them on the Schedule of Restricted Concerns.
4. This is an administrative matter and no surveillance by the Eighth Army is required.
5. Concurrences: None required.
C. H. Smith - 26-6560
E. C. W.