Kadokawa Corporation, the father or mother firm of Elden Ring developer FromSoftware, has confirmed that its chairman of the board, Tsuguhiko Kadokawa, has been indicted for allegedly bribing the Tokyo Olympic organizing committee.
Kadokawa confirmed the information in a quick assertion (noticed by VGC), and likewise revealed that others with hyperlinks to the corporate together with former director and senior managing govt officer, Toshiyuki Yoshihara, and former common supervisor of the 2021 Office, Kyoji Maniwa, have been additionally arrested on suspicion of bribery and have subsequently been prosecuted by the Tokyo District Public Prosecutors Office.
“Tsuguhiko Kadokawa, Chairman of the Board, who was arrested on suspicion of bribery on September 14, 2022, was prosecuted by the Tokyo District Public Prosecutors Office at the moment,” reads the assertion.
“We take this matter very critically, and deeply apologize to all these involved together with our readers, prospects, authors, creators, enterprise companions, shareholders, and buyers for the appreciable inconvenience this matter has brought on.”
The Japan Times provided extra particulars on the arrests and indictments, and claims that Tsuguhiko Kadokawa is alleged to have despatched ¥69 million in bribes to then Olympic committee exec Haruyuki Takahashi to primarily safe Kadokawa’s place as a sponsor of the video games.
Kadokawa has reportedly denied the allegation since being arrested in September, however has now dedicated to stepping down as chairman following the indictment.
Other Japanese companies together with retailer Aoki Holdings and Diako Advertising are additionally suspected of bribing Takahashi.
