FilingReader Intelligence
GungHo executive embezzles 246m yen, directors cut pay
August 14, 2025 at 10:19 AM UTC•By FilingReader AI
GungHo Online Entertainment discovered a former executive embezzled approximately 246 million yen through fictitious orders and caused 100 million yen in improper outsourcing fees. The employee was dismissed in July with criminal proceedings initiated.
Five directors will take 10-30% pay cuts for three months following the discovery of internal control weaknesses.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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TSE:3765•Tokyo Stock Exchange
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