Last month, the legendary co-creator of Sonic the Hedgehog was arrested for allegedly buying shares in a development studio before joining a Dragon Quest the game is announced. A month later, he was arrested a second time for allegedly buying shares in a the company was established to work on a The Last Illusion sub branch. Yesterday, Tokyo prosecutors formally charged Yuji Naka with insider trading worth about US$1,080,000. The Last Illusion Share.
Based on NHKThe Tokyo District Prosecutor’s Office determined that naka profited from insider trading (Thanks, VGC). For the uninitiated, insider trading is when someone with non-public knowledge of a company can use that information to trade stocks to their advantage. doing so is illegal in Japan. So Naka broke the law when he buy shares in ATeam before the studio announced that it will develop mobile games Final Fantasy VII: The First Soldier, A battle royale released exclusively for mobile devices. Although the game was announced in 2021, Naka was arrested on December 7 of this year.
This is a month after he was arrest firstly time to buy shares in Aiming, the studio created Dragon Quest Strategy. In both of these incidents, he was arrested along with Square Enix employee Taisuke Sasaki. Sasaki was indicted for trading about $782,000 in shares.
If two profited from ATeam stock, perhaps before First soldier to be canceled less than a year after launch. Square Enix clearly hoped to capitalize on the popularity of fortress and other battle royale. To replace, first soldier has serious performance issues and is only available on mobile devices.
Naka had Join Square Enix 2018 directing Bali Wonderworldan almost universal weird action platformer Lia like a failure. The game is distracting and confusing to many reviewers, and Kotaku include it on a list among the biggest gaming disappointments of the year. Manager departure Square Enix in June 2021. Maybe Naka would be better off if he focused on directing a good game instead of manipulating the stock market.
