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NEWS: Atlus Parent Company Index Under Suspicion of Improper Accounting




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partysmores



Joined: 23 Oct 2011
Posts: 284
PostPosted: Wed Jun 12, 2013 9:41 am Reply with quote
Wait, whoa, stop...they're allowed to search the president's home? With no evidence that they've done anything wrong? That's freaking crazy. I can understand searching the Atlus building itself, but someone's home over something like this?
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doubleO7



Joined: 17 Jul 2009
Posts: 968
PostPosted: Wed Jun 12, 2013 10:02 am Reply with quote
^ Why would they search the Atlus building? Its not Atlus thats directly under suspicion, its their parent company Index because they fudged some numbers.
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Collectonian



Joined: 09 Jun 2004
Posts: 94
Location: Texas
PostPosted: Wed Jun 12, 2013 10:22 am Reply with quote
I would guess that if they are searching the headquarters and the chairman's home, they have evidence already and are just gathering more, and believe he is directly involved.

But now idea how Japan investigative procedures differ from the US
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Reibooi



Joined: 03 Mar 2008
Posts: 393
PostPosted: Wed Jun 12, 2013 10:39 am Reply with quote
I hope this turns out to be nothing and doesn't become this big thing that can possibly affect Atlus as well.
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mgosdin



Joined: 17 Jul 2011
Posts: 1265
Location: Kissimmee, Florida, USA
PostPosted: Wed Jun 12, 2013 10:46 am Reply with quote
I would expect that the Japanese Securities Investigators went to the local courts and got the needed warrants for the searches in both the corporate offices and private residence. Likely they showed up papers in hand along with the local police as escorts.

They wouldn't be doing this if they weren't fairly certain of what had happened and what they needed to look for.

Let's hope it works out without negatively impacting the Atlus people and business.

Mark Gosdin
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Greed1914
It's Over 9000!It's Over 9000!


Joined: 28 Oct 2007
Posts: 3262
PostPosted: Wed Jun 12, 2013 12:28 pm Reply with quote
mgosdin wrote:


Let's hope it works out without negatively impacting the Atlus people and business.



Agreed. I really enjoy the games Atlus makes, and it would be a shame to have them hampered by something that was probably unrelated to them.
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Leebo



Joined: 14 Nov 2005
Posts: 660
Location: Somerville, MA
PostPosted: Wed Jun 12, 2013 12:30 pm Reply with quote
partysmores wrote:
Wait, whoa, stop...they're allowed to search the president's home? With no evidence that they've done anything wrong? That's freaking crazy.


Where did you get the part where they had no evidence?
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sarroush



Joined: 07 Jul 2011
Posts: 152
PostPosted: Wed Jun 12, 2013 2:46 pm Reply with quote
I hope nothing happens to Atlus ;____;
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Apollo-kun



Joined: 11 Feb 2010
Posts: 1207
Location: City 7, Macross 7
PostPosted: Wed Jun 12, 2013 3:04 pm Reply with quote
I have a huge attachment to the Shin Megami Tensei series, and in fact, it's my essay on how "Persona 3" made me a better person that got me into the college I attend now, and it's knowledge of the franchise that served as an ice-breaker between me and my longtime girlfriend. From the bottom of my heart, I hope nothing happens that could affect the wonderful people at Atlus.
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CrownKlown



Joined: 05 May 2011
Posts: 1638
PostPosted: Wed Jun 12, 2013 3:31 pm Reply with quote
Considering Atlus has basically all but given up on consoles, hasn't made a non spin off Persona since 4 on the ps2, I could honestly care less. I dont like handhelds, and all they make now are 3ds titles.

Besides even if they did go under someone would at least buy Persona, if not Shin Megami, so honestly their continued existence really does not matter. The same could be said about any company, if the series is beloved enough, someone will buy the IP in bankruptcy.
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Mr Adventure



Joined: 14 Jul 2008
Posts: 1598
PostPosted: Wed Jun 12, 2013 4:26 pm Reply with quote
CrownKlown wrote:
, and all they make now are 3ds titles.


And thank god for that. I wouldn't be a fan otherwise.



Also, Atlus makes a bunch of console titles.



Anyway, whatever this ends up being about, I hope it doesn't affect Shin Megami Tensei IV's release.
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hyojodoji



Joined: 08 Jan 2010
Posts: 583
PostPosted: Wed Jun 12, 2013 5:53 pm Reply with quote
partysmores wrote:
Wait, whoa, stop...they're allowed to search the president's home? With no evidence that they've done anything wrong? That's freaking crazy. I can understand searching the Atlus building itself, but someone's home over something like this?

I'd like to suggest to you that you read the Financial Instruments and Exchange Act.
Investigators for the Securities and Exchange Surveillance Commission have the authority to carry out domiciliary searches, and courts give them search warrants. When an investigator requests of a court that the court should issue a search warrant, he submits evidence to the court.
 
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enurtsol



Joined: 01 May 2007
Posts: 13671
PostPosted: Wed Jun 12, 2013 7:11 pm Reply with quote
Collectonian wrote:
I would guess that if they are searching the headquarters and the chairman's home, they have evidence already and are just gathering more, and believe he is directly involved.


Evidence is not necessary, just "probable cause," for a search warrant, to look for evidence.
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Spotlesseden



Joined: 09 Sep 2004
Posts: 3512
Location: earth
PostPosted: Thu Jun 13, 2013 12:28 am Reply with quote
Atlus US doesn't like Anime fans and they hate to use Japanese voice unlike Aksys and NIS . I don't like them, but i hope nothing happen to them.
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