Profitable, Demon Slayer studio is still accused of tax evasion as usual

Kotaku.com reported that Tokyo prosecutors recently accused the animation studio Ufotable and founder and CEO Hikaru Kondo sin not paying taxes about 1.2 million USD. NHK and ANN News reported that between 2015 and 2018, the studio as well as Mr. Kondo hid around $4 million of the company’s earnings. According to unofficial sources, this CEO secretly hid cash at home in a personal safe.
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Founder & CEO Ufotable – Hikaru Kondo.​

Last year, Ufotable as well as CEO Kondo had to receive many allegations of suspected violations of Japan’s corporate and consumption tax laws. These allegations allege that the studio failed to adequately report the sources of income and sales the company derives from the anime business and the coffee chain. At that time, through the news agency Jiji Press, Ufotable issued an apology to the public: “We are committed to complying with the law and will take appropriate activities to create a creative environment of creative works. sustainable and healthier works”.
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Ufotable’s anime cafes are said to be used for shady schemes.​

And yet, according to another report by Bunshun Digital (via ANN), since 2019, Ufotable has had an act of appropriating charity funds – this is an offense punishable by 10 years in prison. However, despite many ups and downs and tax-related scandals, 51-year-old Hikaru Kondo is still the chairman and CEO of Ufotable.

In 2000, Hikaru Kondo founded Ufotable and quickly took the studio’s name to the next level with a number of notable anime films, including Fate/stay night, Tales, … and especially must-tell to the anime adaptation Demon Slayer extremely successful in 2020.
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Anime Demon Slayer.​

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