Demon Slayer producer admits to tax evasion hundreds of millions of yen

In July, Kotaku website reported that Tokyo prosecutors had accused the animation studio Ufotable and co-founder and CEO Hikaru Kondo sin not paying taxes about half a billion yen from anime franchises, cafe businesses, selling items through intermediaries, etc.

And during the hearing that took place last Friday, CEO Hikaru Kondo admitted his tax evasion by not paying the amount of up to 138 million yen. Besides, Mr. Kondo also issued an apology, admitting that he did not think his actions would affect and cause great trouble to Ufotable.
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CEO Hikaru Kondo.​

According to TAIHEN Entertainment, the prosecution will also investigate allegations of tax fraud after the movie Demon Slayer: Mugen Train took in half a billion dollars at the global box office last year. Responding to the above information, a representative of Ufotable stated that the company will find ways to correct the violations and refund the tax before the due date so as not to affect anime production activities in the future.
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Demon Slayer: Mugen Train hit record sales last year, surpassing even the iconic Spirited Away.​

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