We have carried out an inclusive measurement of K 0 (K 0 ) production in twophoton processes at TRISTAN. The mean √ s was 58 GeV and the integrated luminosity was 199 pb −1 . High-statistics K s samples were obtained under such conditions as no-, anti-electron, and remnant-jet tags. The remnant-jet tag, in particular, allowed us, for the first time, to measure the cross sections separately for the resolved-photon and direct processes.2