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It is a 1992 Koga Miyata TerraRunner Carbolite, the more economical of the 2 carbon models in the 1992 line up. Except for the seat and the Marzocchi it looks pretty much original.
Catalogue pic:
The frame is the equivilent of the US Miyata Elevation 7,000. A review of that bike can be found in Gallery 2.