South Korea launched a foundation Sunday to assist Koreans, or their surviving relatives, who were forced to work for Japanese government institutions and companies during the Imperial military's vicious colonization of the peninsula.

Yonhap news agency said the Foundation to Support Victims of Forced Labor by Japan "will spearhead diverse projects to honor the victims and to care for their families as well as conduct research on the history of the matter."

Millions of Koreans are believed to have been forced to work for Japanese government institutions and businesses on the Korean Peninsula, as well as in Japan and across much of Asia, during Japanese rule from 1910 to 1945.