Notice Regarding Misconduct and Dismissal of Representative Directors of Our Subsidiary (STRIVE, Inc.)
NQ Score
50/100
AI Summary (NQ-processed)
GREE Holdings, Inc. has dismissed two representative directors of its wholly-owned subsidiary, STRIVE, Inc., following the discovery of serious compliance violations, including the filing of fraudulent registration documents. The company is currently investigating the extent of the misconduct and is considering both criminal and civil legal action.
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Frequently Asked Questions
- Q: Who were the two representative directors dismissed from STRIVE, Inc. and on what date did the dismissal take effect?
- A: Yusuke Amano and Tatsuo Tsutsumi were dismissed as representative directors of STRIVE, Inc., effective March 30, 2026, following confirmed compliance violations.
- Q: What specific fraudulent action was committed by the dismissed directors of STRIVE, Inc. in January 2026?
- A: In January 2026, a false registration application was filed with the Legal Affairs Bureau claiming Yusuke Amano and Tatsuo Tsutsumi resigned as directors effective December 31, 2025.
- Q: What legal violation is associated with the false registration application submitted by STRIVE, Inc.'s former directors?
- A: The false registration application may constitute an attempted crime of making an untrue entry in an original of a notarized deed under Japanese penal law, according to external legal counsel.
- Q: Which company owns STRIVE, Inc. and who is its Chairman and Representative Director?
- A: STRIVE, Inc. is a wholly-owned subsidiary of GREE Holdings, Inc., headquartered in Minato-ku, Tokyo, with Yoshikazu Tanaka serving as Chairman and Representative Director.
- Q: What document was used as a false attachment in the improper registration filing with the Legal Affairs Bureau?
- A: A forged letter of resignation was attached to the registration application filed with the Legal Affairs Bureau to falsely support the claimed director resignations of Amano and Tsutsumi.