GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS

APO 500
31 October 1945

AG 004 (31 Oct 45) ESS
(SCAPIN-215)

MEMORANDUM FOR	THE IMPERIAL JAPANESE GOVERNMENT.
THROUGH	Central Liaison Office, Tokyo.
SUBJECT	Sale or Transfer of Securities of Certain Business Firms.

1. It is directed that no sale, trade or other transfer or adjustment of the capital stocks, bonds, debentures, voting trust or other forms of capital securities of the firms listed below, nor of their subsidiary or affiliated firms, shall be made without the prior approval of this Headquarters. For the purposes of this directive a subsidiary or affiliate is defined as any corporation, partnership or stock company in which the firms hereinafter listed hold any stock or other evidences of ownership, indebtedness or control, or directly or indirectly exercise any power of management or direction.
2. It is directed further that such capital securities referred to above shall not be used as collateral for loans, bills, notes or other borrowings or credit, without prior approval of this Headquarters.
3. The firms to which this directive applies are listed as follows:
Mitsui Honsha
Shibusawa Dozoku and Co.
Mitsubishi Honsha
Nippon Nitrogenous Fertilizer Mfg. Co.
Sumitomo Honsha
Furukawa and Co.
Yasuda Hodensha
Okura and Co.
Kawasaki and Co.
Nomura and Co.
Nissan and Co.
Ricken and Co.
Asano Honsha
Nisso Co.
Fuji Industrial Co.

FOR THE SUPREME COMMANDER:

H.W.ALLEN,
Colonel, A.G.D.,
Asst Adjutant General.