Demon Slayer Studio founder faces 20 months in prison for tax evasion

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The head of the popular animation studio is set to face a significant prison sentence for tax evasion after being indicted in July.


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The popular Japanese animation studio ufotable has been marred by controversy following the indictment of president and founder, Hikaru Kondo.

Kondo, who was indicted by prosecutors in July, now faces a 20-month prison sentence after admitting the tax evasion charges brought against him in September. Prosecutors allege that Kondo failed to pay 138 million yen – approximately US $ 1.25 million – in taxes and in doing so violated corporate tax law and corporate tax law. the consumption.

RELATED: Demon Slayer Animation Studio Charged With Tax Evasion

Although the studio president initially denied the allegations, he and Ufotable admitted to the charges in the July indictment. The prosecution blamed most of the blame on Kondo himself, saying he had encouraged the studio to “repeatedly commit accounting frauds when profits were high”, saying he had “denied the business responsibility to pay taxes in good faith ”in doing so. .

The studio itself is said to have concealed 441 million yen – about US $ 4 million – in profits. Ufotable has since claimed to have completed an appropriate tax return and refunded the appropriate amount.

tanjiro demon slayer

The prosecution claims that Kondo hid part of the studio’s income from various merchandise sales and coffee shops from 2015 to 2018. According to a report by the Mainichi Shimbun, Kondo hid around 30% of the income generated by different restaurants on the theme of ufotable animes from the Tokyo area and stored the money in a private safe at his residence. After the November 1 hearing, Kondo is due to return to court on December 10, where a verdict will be delivered.

Kondo founded the studio in 2000 alongside former TMS Entertainment staff. They would continue to work closely with game developer Type-Moon, adapting various works such as The garden of sinners films and a multitude of entries in the Fate franchise, especially the The feeling of paradise trilogy and the incredibly popular Unlimited blade works and Fate zero animated adaptations.

They are perhaps best known for their work on the famous Demon slayer anime, producing the series’ first season in 2019 followed by the release of the highly successful Mugen train film adaptation in 2020. The second season of the anime is currently airing in Japan and fans can stream it on Funimation and Crunchyroll.

MORE: Evangelion 3.0 + 1.0 Breaks Records In Japan, But It’s Not A Demon Slayer

Source: TBS News via Anime News Network


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