Demon Slayer Studio Founder Sentenced To 20 Months In Prison For Tax Fraud

President of Ufotable Studio, Hikaru Konda, who was accused of violating corporate Tax law, has been sentenced to 1 year and 8 months in prison.

The Tokyo District Court ruled that Hikaru Konda has been found guilty on the charge of evading corporate Tax, and failing to pay 138 million yen in taxes. The court also pointed out that even though his wife, who is in charge of the accounting department was reluctant, Hikaru Konda had strong intentions to evade taxes.

Hikaru Konda is sentenced to 20 months in prison, however, the sentence has been suspended for 3 years. Konda will not go to jail if he remains on good behavior in these 3 years. Ufotable Studio will also have to pay a 30 million yen fine.
The court prosecution stated that Konda hid some part of income generated by Ufotable merchandise and cafes from 2015 to 2018. Ufotable and Konda reportedly hid 400 million yen (4 million dollars) in income to avoid paying taxes.

In the previous trial, Defendant Kondo admitted to Tax fraud, saying, “I was saving money for working capital,” after touching on the current situation of the highly competitive anime industry.

Ufotable acknowledge the court verdict, apologizing to all the fans and other parties who were affected. Ufotable promises to improve the production environment, and comply with law and regulations.
The production of Demon Slayer, and other anime projects won’t be affected by this verdict, so, fans can rest assured that their favorite anime series will be released on time.

Studio Ufotable is well known in the anime community, thanks to the amazing animation quality of Demon Slayer: Kimetsu no Yaiba, and Fate series.

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