An Osaka company that operated a "sharing service" for luxury watches suddenly announced its dissolution. A large number of watches that the company had entrusted to their owners remained unreturned.

The Metropolitan Police Department has obtained an arrest warrant for Takayoshi Fukuhara (42), who was the representative of a company, on suspicion of embezzlement in the course of business. He is accused of selling a luxury Rolex watch to an antique dealer without the owner's permission. I am. investigating the details of the business.