Demon Slayer Anime Studio Apologizes After Tax Fraud Indictment

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By Nobelle Borines | More Articles Hoarder of Fantasy Books and Stephen King Wannabe
July 10, 2021  11:29 AM

There is little doubt that the Demon Slayer: Kimetsu no Yaiba franchise has been a huge success in the past few years. For instance, Demon Slayer: Kimetsu no Yaiba the Movie: Mugen Train just reached a major milestone as it became the highest-grossing anime film of all time.

Despite its success, the anime has also faced some trouble as Ufotable has been indicted on tax fraud charges. Now the studio has issued an apology in an effort to clarify the situation.

There have been several reports about Ufotable and founder Hikaru Kondo being indicted for tax evasion. According to some sources, Kondo reportedly hid around $4 million USD in earnings from 2015 and 2018. The founder allegedly hid those funds in a secret stash at his own home.

Since then, it has been revealed that the studio owes $1.2 million in total. Ufotable has confirmed that paid the amount and issued an apology on Twitter.

 

"This time, our company and our representative have been indicted on suspicion of violating the Corporate Tax Law. We sincerely apologize to all the fans and related parties," the tweet reads.

"We filed an amendment tax return under the guidance of the national tax authorities and paid the full amount. We will strive to comply with laws and regulations and optimize management in order to create a better production environment," the message concludes.

It is good to know that the studio has finally taken action after the charges were made. We are hoping that Ufotable will avoid making the same mistakes in the future.

Ufotable is responsible for producing hit shows like Demon Slayer: Kimetsu no Yaiba, Fate/Zero, and Ninja Nonsense. The studio is currently working on the Demon Slayer: Kimetsu no Yaiba Season 2 titled Yukaku-hen, which is expected to premiere before the end of 2021.

The second season of Demon Slayer has not yet been given an official release date. Stay tuned for more updates on this story.

Related: Demon Slayer Game The Hinokami Chronicles Trailer Teases Epic Tsuzumi Mansion Gameplay

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