Mr. Yuji Naka, the creator of Sonic the Hedgehog, was arrested on suspicion of insider training related to dragon questIt is reported that he has been arrested again, this time on similar charges related to shares purchased prior to the announcement of 2021 Mobile Battle Royale. Final Fantasy VII The First Soldier.
Yuji Naka, the name behind some of the most iconic Japanese game franchises of the last 30 years, could be in big trouble. The man who turned Sonic from high school notebook doodles into one of his most famous game characters in existence is, along with others, accused of buying a stake in developer Aiming in 2020. In November he was arrested.he is making dragon quest tact.
Less than a month later, is reported by Asahi Again and again, this time he allegedly bought shares in ATeam Entertainment just before it was announced that they would be creating Square Enix’s ill-fated mobile game in 2021. Final Fantasy VII The First Soldier. according to Asahi, he is said to have paid ¥144.7 million ($1,051,000) for ATeam’s 120,000 shares. He claims Taisuke Sasaki, another former Square Enix employee, was also arrested along with him.
If this is someone’s doing, then of course it’s an attempt to profit from the stock price appreciation that such an announcement would bring, but given that it’s based on non-public confidential information, it’s an insider. counts as a transaction.
Most recently, Naka has been working for Square Enix. That’s horrible balan wonder worldbefore being let go by the studio six months before its release. He later says he sued Square Enix for thisbut never disclosed a solution.
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Squeenix announced in February last year Final Fantasy VII: The First Soldier was to be developed in collaboration with ATeam before being released for mobile last November.Less than a year later, they deadATeam shares are now worth about half in 2021, a fraction of their 2013 peak.
