Abstract
The author has been publicizing statistical indexes for Japanese universities based on the number of papers and citation counts in the ISI's databases. Increasing financial difficulty at the national government tends to encourage arguments that some performance-based system should be introduced in allocating funds for national and private universities. In this paper, the author makes a trial calculation to allocate funds according to the citations gained by each university, and contrasts them with the present allocations. Then, yearly progression of the system's effect is traced with a simulation. Discussions on influences and problems caused by this type of meritocracy follow.