Naka Yuji, best known for creating the iconic “Sonic the Hedgehog” game, was arrested by the Tokyo District Public Prosecutors Office Friday on charges of insider trading. According to an officia…
” game, was arrested by the Tokyo District Public Prosecutors Office Friday on charges of insider trading.
Prior to the announcement of the information, Naka allegedly purchased 10,000 shares of Aiming stock for approximately JPY2.8 million , a violation of the Financial Instruments and Exchange Law. Now aged 57, Naka was working for Sega in the late 1980s when he came up with the idea for the “Sonic” game as a competitor for the mega-hit “Super Mario” game series. Released in 1991, “Sonic” became a breakthrough for Sega, enabling it to grab a majority market share from rival Nintendo.
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