Apple Computer Japan vice president Yoshiaki Sakito has refuted reports that the company is poised to launch the iTunes Music Store there within a year.

Apple Computer Japan vice president Yoshiaki Sakito has refuted reports that the company is poised to launch the iTunes Music Store there within a year.

An Associated Press story yesterday (August 19) quoted Sakito as saying that the company would launch its download service within 12 months, with prices comparable to the U.S. rate of $0.99 per track.

Sakito told Billboard.biz today that he was misquoted in the report and said that the company has no definite plans to launch the service in Japan, the world's second biggest recorded music market.

"We will share the information when we get ready to start, but we have nothing to update about the launch of the service at this moment," Sakito says.

To date, the iTunes Music Store has rolled out in four territories -- the United States, United Kingdom, France and Germany -- and a pan-European service is due to launch.