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Atlus’ parent company Index being investigated for doctoring the books

Wednesday, 12th June 2013 18:41 GMT By Stephany Nunneley

Atlus’ parent company, Index, is being investigated by Japanese authorities for shady bookkeeping practices, according to a NHK report.

The firm, which purchased Atlus a while back, took it off the stock market, and continues to run it only “on paper” as a brand name, has reportedly been inflating business transactions. These include fabricating numbers or “round-tripping” to make the balance sheet look better.

“It’s true that we are being investigated,” an Index spokesperson told NHK. “During this investigation, we are unable to divulge any information at the request of the authorities. From here on out, we are cooperating fully and as soon as all the facts are evident, we will promptly make that known.”

An investigation is going on at Index’s corporate offices and at the company president’s home.

Thanks, Kotaku.

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3 Comments

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  1. Hunam

    If this causes Atlus to go under I will openly weep.

    #1 10 months ago
  2. Ireland Michael

    If it did it would be entirely their own fault.

    At most they’ll probably get a small slap on the wrist.

    #2 10 months ago
  3. dizzygear

    I guess Persona 5 is a long way off now.

    #3 10 months ago