SCAPIN-2065: REMOVAL OF CERTAIN COMPANIES FROM THE SCHEDULE OF RESTRICTED CONCERNS

GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS

APO 500
17 December 1949

AG 004 (17 Dec 49) ESS/FTP
(SCAPIN - 2065)

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 48) 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 (22 Apr 46) ESS/AC, SCAPIN 893, 22 April 1946, subject: Addition of Subsidiaries of Mitsui Honsha to Schedule of Restricted Concerns.
e. AG 004 (25 May 46) ESS/AC, SCAPIN 982, 25 May 1946, subject: Addition of Imperial Mining Development Company, Ltd., and Subsidiaries; Certain Subsidiaries of Okura Mining Company, Ltd., and Certain Subsidiaries of Mitsubishi Honsha to Schedule of Restricted Concerns.
f. AG 004 (4 Jun 46) ESS/AC, SCAPIN 998, 4 June 1946, subject: Addition of Nippon Mail Steamship Company, Ltd., and Subsidiaries; Osaka Commercial Steamship Company, Ltd., and Subsidiaries; and Yamashita Steamship Company, Ltd., and Subsidiaries to Schedule of Restricted Concerns.
g. AG 004 (8 Jun 46) ESS/AC, SCAPIN 1004, 8 June 1946, subj: Addition of Certain Textile Companies to Schedule of Restricted Concerns.
h. AG 004 (15 Nov 46) ESS/AC, SCAPIN 1341, 15 November 1946, subject: Addition of Subsidiaries to Tokyo Shibaura Electric Company, Ltd. (Tokyo Shibaura Denki K.K.), to Schedule of Restricted Concerns.
2. The following companies placed on the Schedule of Restricted Concerns by reference memoranda, paragraphs 1a through 1h, above, are hereby removed from the Schedule of Restricted Concerns, reference memorandum 1a, above, and additions thereto.
a. Japan Steel Works, Ltd. (Nihon Seikosho K.K.)
b. Sumitomo Warehouse Company, Ltd. (Sumitomo Soko K.K.)
c. Chugoku Railway Company, Ltd. (Chugoku Tetsudo K.K.)
d. Nitto Industry, Ltd. (Nitto Kogyo K.K.)
e. Japan Synthetic Jewels Company, Ltd. (Nippon Hoseki K.K.)
f. Asahi Chemical Industry, Ltd. (Asahi Kasei Kogyo K.K.)
g. Inoue Electric Engineering Works, Ltd. (Inoue Denki Seisakusho K.K.)
h. Tokyo Tool Manufacturing Company, Ltd. (Tokyo Kiki Seisakusho K.K.)
i. Japan Leather Paper Manufacturing Company, Ltd. (Nippon Gikaku Seizo K.K.)
j. Oji Agriculture and Forestry Company, Ltd. (Oji Norin K.K.)
k. Toshin Electric Company, Ltd. (Toshin Denki K.K.)
l. Kyosan Engineering Works, Ltd. (Kyosan Seisakusho K.K.)
m. Yubari Works, Ltd. (Yubari Seisakusho K.K.)
n. Nissan Coastwise Steamship Company, Ltd. (Nissan Kinkai Kisen K.K.)
o. Shofuku Steamship Company, Ltd. (Shofuku Kisen K.K.)
p. Yamamoto Steamship Company, Ltd. (Yamamoto Kisen K.K.)
q. Hokkai Steamship Company, Ltd. (Hokkai Kisen K.K.)
r. Sekiguchi Steamship Company, Ltd. (Sekiguchi Kisen K. K.)
s. Tamai Commercial Steamship Company, Ltd. (Tamai Shosen K.K.)
t. Imazu Spinning Wool Company, Ltd. (Imazu Bomo K.K.)
u. Gosho Company, Ltd. (Gosho K.K.)
v. Osaka Dyeing Company, Ltd. (Osaka Senko K.K.)
w. Taiyo Plywood Company, Ltd. (Taiyo Kako Mokuzai K.K.)
x. Nikko Electric Industry, Ltd. (former Nichiman Industry, Ltd. (Nikko Denki Kogyo K.K.)
y. Fujinagata Shipbuilding Company, Ltd. (Fujinagata Zosenjo K.K.)
z. Yokogawa Electric Company, Ltd. (Yokogawa Denki K. K.)

FOR THE SUPREME COMMANDER:

/s/ K. B. Bush
/t/ K. B. BUSH
Brigadier General, A.G.D.,
Adjutant General

MEMO FOR RECORD: (SCAPIN - 2035)
WFM/ECW/CHS/ld
12 December 1949
1. References are SCAP Memo AG 004 (8 Dec 45) ESS/AC, SCAPIN 403, subject: Establishment of a Schedule of Restricted Concerns, and additions thereto.
2. The companies listed in the attached memo were placed on the Schedule of Restricted Concerns, reference paragraph 1, above, because they were first line subsidiaries of designated holding companies.
3. Incompliance with Law No. 233 of 1946 the parent company, in all 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 company, none of the companies own any stock in other companies, United Nations Nationals interests are not involved, the companies are not designated (Law No. 207), and if special accounting companies, their ER&R plan has been approved, 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: 23-6560
E. C. W.