sonic creator Yuji Naka Arrested for insider trading. Reportedly, he learned of the Dragon Quest Tact mobile game while working at Square Enix, and purchased about 10,000 shares in developer Aiming Inc. in January 2020, before the game was announced. As a result, he and two other accomplices have been indicted under the Financial Instruments and Exchange Act by the Tokyo District Public Prosecutors Office.
Former Sega and Square Enix developer Yuji Naka accused of insider trading
Yuji Naka is one of three former Square Enix employees arrested in the case. According to Fuji NewsYesterday, Taisuke Sasaki and Fumiaki Suzuki, creators of the Dragon Quest series, were indicted on suspicion of insider trading.
While working at Square Enix, the three learned about the then-unreleased Dragon Quest Tact. Accused of buying stock in Inc.
Naka is said to have purchased 10,000 shares for approximately ¥2.8 million (approximately $25,832.64 at the January 2020 exchange rate). His remaining two shares were significantly higher at 162,000 shares and he held 47.2 million yen (approximately $435,464.53 at the January 2020 exchange rate).
Naka, who was fired as director of Balan Wonderworld, is known to have left Square Enix bitterly. is likely to be even more complex.