Yuji Naka has been arrested again for insider trading

Yuji Naka

If I had a nickel for every time Yuji Naka had been arrested for insider trading this year I’d have two nickels – which isn’t a lot but it’s weird that it happened twice.

Once again, industry veteran Yuji Naka has been arrested for insider trading and once again it’s because he leveraged privileged information received during his time working at Square Enix.

Last month, Mr. Naka had been arrested alongside several of his colleagues from Square Enix under suspicion of insider trading.

Initially he was arrested for buying stocks in the mobile game developer Aiming with the knowledge they had made a deal to create the mobile game Dragon Quest Tact before it had been announced.

This time Yuji Naka and his former colleague Taisuke Sasaki (who was also named in the Dragon Quest Tact arrests) have allegedly been arrested (via Asahi Shimbun) for buying shares of Ateam in anticipation of Final Fantasy VII: The First Soldier, before it had been publicly announced.

Mr. Naka’s purchases of Aiming stock are tame in comparison to Ateam. Where in his first arrest he purchased 10,000 stocks in Aiming, this time he’s named as having purchased over 100,000 stocks in Ateam.

According to the original report, Mr. Naka and Mr. Sasaki have both earned hundreds of millions of yen thanks to their insider trading.

, ,


A basement-dwelling ogre, Brandon's a fan of indie games and slice of life anime. Has too many games and not enough time.

Where'd our comments go? Subscribe to become a member to get commenting access and true free speech!