Former employee of rental storage company charged with suspicion of insider trading November 1, 21:51

A former employee of a TSE Mothers-listed company that manages and manages rental storage spaces reported inside information before publication to an acquaintance for the purpose of making profits through the purchase of shares. Was charged with criminal charges.

The accusations were made by Shinsuke Tsuoka, former director of Shinsuke Tsuoka (40) who was working for “Parma”, which manages and manages rental storage spaces listed on the Tokyo Stock Exchange Mothers, and Shinichiro Hirayama, an acquaintance of former director (40) )is.

According to the Securities and Exchange Surveillance Committee, Deputy General Manager Tsuoka said in December, the purpose of gaining profits through the purchase of shares of internal information before the announcement that the Japan Post Group company will acquire 20% of Parma's shares. I told him to Hirayama employees.

Hirayama employees bought around 11 million yen of “Parma” shares by the end of April last year when this information was released, and gained a large amount of profit, so the Monitoring Committee is prohibited by the Financial Instruments and Exchange Act. Two people were charged with criminal charges at the Tokyo District Prosecutor's Office for alleged insider trading.

The Oversight Committee has not revealed whether the two have admitted fraud.

“Parma” says to NHK's interview that “I am very sorry and want to continue to thoroughly enforce compliance”.