Lots of nationalistic saber rattling on both sides...
Over what? The total land area of the five tiny islands is less than 4 square miles.
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The Japanese central government formally annexed the islands on 14 January 1895. Around 1900, Japanese entrepreneur Koga Tatsushirō (古賀 辰四郎?) constructed a bonito processing plant on the islands with 200 workers. The business failed in 1940 and the islands have remained deserted ever since.
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ADG