He is very unique person. He dropped out Tokyo University, literally top university in Japan, in 1995 and founded Web design company. With the follwoing wind of the embryo of internet era, his company repeated mutilple huge hostile M&As. He usually put on T-shirt at any official event and took on very legacy companies, such as one of major league baseball team and TV broadcasting company. Those companies did not want to welcome such a upstart young kid, so paid him huge amount of money to maitain independent from his control.
In spite of Mr. Horie's true intention, he ended up earning billions of yens in cash in a year. So, it was like Doraemon, one of anime character, pulled out special moeny making machine out of his pocket.
So, he was nicknamed as Horie-mon after Doraemon.
But in 2006, he and his company's board members were arrested because of the suspicions on securities fraud and money laundering, and three months later, he was released on 300 mil yen bail. But because of that suspisions, his company lost its subscribers and forced to be liquidated.
After he was released, he cotinuously showed up on many TV programs and showed his unique view of everything, from Adult video critics and outer space developments.
Today, he had press conference and said that 'It is like moving one step ahead in life game. While I am in jail, I would read many books and update my blog and tweet as much as possible. And 2,5 years later, I would be back
to you.'
I would say he was guilty not because of securities fraud or money laundering but because he hurted Japanese people's recognition about venture companies.
But he is also smart to attract people and want us to listen what Horiemon would say this time.
So we are waiting for his release after 2.5 years later.
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