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

In July, Kotaku reported that Tokyo prosecutors had charged the animation studio Ufotable and its co-founder and CEO Hikaru Kondo with tax evasion of around half a billion yen from anime franchises, coffee shop businesses, merchandise sales, through intermediary channels,…

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. In addition, Mr. Kondo also issued an apology, admitting that he did not believe that his actions would affect Ufotable and cause big problems.
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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 grossed half a billion dollars at the global box office last year. In response to the above information, a Ufotable representative 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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