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Japan Press Service Co., Ltd. is the only news agency providing information of progressive, democratic movements in Japan
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A look at JCP's financial report The Japanese Communist Party's financial report for 2004 shows that unlike other political parties that receive state subsidies, the JCP finances depend only on party membership dues, subscription fees for publications that include the newspaper Akahata, and donations from individuals. Ueda Hitoshi, JCP Finance and Management Bureau director, on September 29 published a statement on the 2004 JCP financial report. The party income totaled about 30 billion yen (97.9 pct y/y) and expenditure 32.4 billion yen (102.7 pct y/y). The amount of expenditures was more than that of its revenues because the party's reserves were spent with the completion of its headquarters building approaching. Through the sales of the newspaper Akahata and various magazines, the party obtained 83.6 percent of its total revenues and used 55.4 percent of its total expenditures. Ueda said this means that JCP activities are financially sound. The JCP receives no corporate donations that are used to buy politics. It also refuses to accept the government subsidy on the grounds that dividing taxpayers' money among political parties violates the constitutional freedom of thought and creed. "That's why the JCP can be consistent in defending the public interest without reserve," Ueda emphasized. In sharp contrast, parties receiving 31.7 billion yen of tax money as a subsidy are often speaking of "reform" and "shift" from the government to the private sector. Ueda demanded that these parties reform themselves to shift from being government-run parties to independent parties by returning the money to the country and abolishing the system of the government subsidies. -- Akahata, September 30, 2005
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