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Yuji Naka is now arrested for relation insider trading
3 years ago
General
You may not have known this, but there has been an investigation going on in Japan in regards to Square Enix. You see, the company is currently under investigation for insider trading in relation to a new Dragon Quest game.
So far, Taisuke Sazaki and Fumiaki Suzuki have been arrested by the Tokyo District Public Prosecutors Office for acquiring stock in Japanese developer Aiming just before Square Enix announced a new Dragon Quest mobile game. Well, former Square Enix employee and Sonic the Hedgehog creator Yuji Naka has now been arrested too.
Yuji Naka is accused of purchasing approximately 10,000 shares of Aiming stock for around 2,800,000 yen, or $20,000, just before Dragon Quest Tact was announced. This was when Naka was still working for Square Enix for Balan Wonderworld.
It is being suspected that all 3 individuals may have intentionally used insider information to sell the stock again at a later date, when the stock’s value increased. Meanwhile, Square Enix has issued a statement, saying that they have been cooperating with all parties involved with conducting the investigation, including the Tokyo District Public Prosecutors Office and Securities and Exchange Surveillance Commission. Square Enix also said that “we deeply regret the great concern this has caused to all concerned. We have dealt with this incident strictly, including internal disciplinary actions taken against the suspected employees”.
Link for details is down below.
https://www.videogameschronicle.com.....investigation/
https://www.latimes.com/entertainme.....c-dragon-quest
So far, Taisuke Sazaki and Fumiaki Suzuki have been arrested by the Tokyo District Public Prosecutors Office for acquiring stock in Japanese developer Aiming just before Square Enix announced a new Dragon Quest mobile game. Well, former Square Enix employee and Sonic the Hedgehog creator Yuji Naka has now been arrested too.
Yuji Naka is accused of purchasing approximately 10,000 shares of Aiming stock for around 2,800,000 yen, or $20,000, just before Dragon Quest Tact was announced. This was when Naka was still working for Square Enix for Balan Wonderworld.
It is being suspected that all 3 individuals may have intentionally used insider information to sell the stock again at a later date, when the stock’s value increased. Meanwhile, Square Enix has issued a statement, saying that they have been cooperating with all parties involved with conducting the investigation, including the Tokyo District Public Prosecutors Office and Securities and Exchange Surveillance Commission. Square Enix also said that “we deeply regret the great concern this has caused to all concerned. We have dealt with this incident strictly, including internal disciplinary actions taken against the suspected employees”.
Link for details is down below.
https://www.videogameschronicle.com.....investigation/
https://www.latimes.com/entertainme.....c-dragon-quest
Since when are you on his block list?
Anyway, Sonic's reputation - whatever anyone else thinks of Sonic, if they think that Sonic's reputation is going to be damaged is a real bonehead. If they think his reputation is going to be hurt, well it sucks for them meaning that they are not a real hardcore Sonic fan now, are they?
"Sonic is just a fictional character. If you want Sonic to be sad, he will be sad, but I still see him to be a very happy hedgehog despite his creator getting arrested. Sonic is a very happy boy in my heart."