'Demon Slayer' anime studio found guilty of tax evasion

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'Demon Slayer' anime studio, president found guilty of tax evasion

A Japanese anime studio known for producing popular anime series "Demon Slayer" and its president were found guilty Friday of evading a total of 138 million yen in corporate and consumption taxes.

"Despite the company being in the black since 2012 thanks to the popularity of its high-quality anime works that gained acclaim, repeatedly underreported sales. As corporate manager, you cannot escape strong criticism," Presiding Judge Akiyuki Tanaka said in handing down the ruling. According to the ruling, Kondo evaded a total of some 109.2 million yen in corporate taxes by understating the company's income for the fiscal years ending in August 2015, 2017 and 2018.

 

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