B2-SH11A ranes Cooling towers Cooling tower fans Blowe Bevel-helical gear unit B2

Flender/Flender Gear Units/Bevel-helical gear unit B2

lected office support services. Even the smaller gear producers offer their employees many benefits, including health insurance, welfare pension insurance, labor insurance, and loan programs. Frequently, the company provides housing, either in company- owned dormitories usually for single male workers, or in company apartment buildings. Many firms sponsor club activities, including sports and English language groups, or informal groups outside of work that use company resources for product innovation. 1 Government policies and programs According to Japanese industry officials, there were no policies that benefit gear producers specifically. However, there are tax incentives which encourage investment in plant and equipment. Depreciation of assets for the gear industry, including automotive gearing producers, is 1 years. 1 Certain machinery, however, is eligible to be depreciated more quickly, using either "increased initial depreciation" or "additional depreciation" allowances. Increased initial depreciation allows portion of the acquisition cost of an asset to be deducted in the first accounting period in which the asset is used, in addition to the ordinary depreciation. Additional depredation permits the deduction of certain percentage of the ordinary depreciation allowance in addition to ordinary depreciation. Both supplemental and ordinary depreciation allowances together may not exceed the value of the asset. The increased initial allowance of the acquisition cost for machinery and equipment ranges from 8 to 5 percent. The Japanese tax system also provides an investment tax credit for the acquisition of certain 1 Unpublished data from the .. Bureau of Labor Statistics, August 1. 1 See ch. 7, table 7-6. 1 USITC staff interviews with gear industry officials, Japan, Dec. 5-1, 1. 1 USITC staff interviews with gear industry officials, Japan, Dec. 5-1, 1, and Ministry of Finance, Tax Bureau, The Japanese Tax System, 1