In response to the prosecution of Tsuguhiko Kadokawa, the former chairman of KADOKAWA, a major publishing company, for bribery in a corruption case over the sponsorship contract for the Tokyo Olympics and Paralympics, the company announced that former chairman Kadokawa was appointed as a director on the 4th. announced that he had resigned.
According to the announcement, on the 4th, former Chairman Kadokawa offered to resign as a director, and President Tsuyoshi Natsuno accepted and resigned.
Former chairman Kadokawa resigned from his position as chairman after being indicted by the Tokyo District Public Prosecutors Office in October, but continued to serve as a director.
Regarding the resignation of the former chairman as a director, KADOKAWA said, "The success or failure of the bribery crime and the facts will be entrusted to the court in the future. I take the responsibility of giving this to you a heavy responsibility. I deeply apologize for the great concern and inconvenience caused to everyone involved, including readers and users."