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Man arrested for insider trading on Gonzo stock photo

Scandal! It seems that just today 49-year-old Takeshi Matsubara was arrested for allegedly doing insider trading back in 2006-2007 on stocks of Gonzo. According to the report, Matsubara was arrested for, "having traded shares in an animation production company in 2006 and 2007 based on his knowledge of the firm's unpublished plan to make a private equity issue."

Looking at some of the Japanese news gives us more clear details: Matsubara bought 135 shares of the company's stock for 11 million yen around December of 2006, and after the stock shot up on the heels of the announcement of So-Net and GDH tying up their capital, Matsubara sold his stock for profits of somewhere between 2 million and 9 million yen.

Some of the Japanese netizens poked around and pretty much confirmed that this was Gonzo in the news story (the company is never explicitly named), because if you compare share prices around then, they line up pretty darn close to what's being reported in these news stories.

So, while this didn't exactly kill Gonzo, considering they were starting to see financial trouble anyways, this did pretty much kill any chances of the company recovering after hooking up with So-Net.

[Thanks, Ko!]



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Legacy Comments

Tar and feather him I say!
What exactly is the status of Studio Gonzo these days? I used to be a big fan of theirs back in the day and always made sure to attend all/most of their panels when I went to Anime Expo. Now they've kind of dropped off the charts. I know they were largely scaling back their number of yearly productions, but I hadn't heard much about them lately.
I loved Gonzo unconditionally until Afro Samurai.
I still miss them sometimes.
Everything Gonzo has produced made me want to gag in some way.
@The-Excel: I think Gonzo has gotten a bad reputation in some circles (not totally undeserved) because they have a habit of often making either A) sub-par adaptations of manga stories, or B) having good ideas that end up not being executed all that well. However, I think that when Gonzo gets together to do an original animation story, they do some really good work, like Vandread, Last Exile, or Gankutsuou. Your mileage may vary, but I think they've got skill.

One thing I remember was their handling of the Hellsing anime, which illustrates their strengths and weaknesses as a studio. Now, the last third or fourth of the series was that Incognito arc, which was totally rubbish compared to any story they could've pulled from the manga. But in the earlier parts of the series, I appreciate them putting together an episode order that gave the story a more natural flow than it did in the manga, which is honestly kind of slapdash for the first couple volumes. They know how to put a story together, but they sometimes have weird ways of conceptualizing pre-existing material, I guess.
@ittoujuu: Gonzo's still around, but they've just become more cautious in their dealings, insider trading aside. They've just got to stay away from anything that's like R+V again.

@The-Excel: since when? I believe that most of Gonzo's best works were before 2006.
@ittoujuu Gonzo is still producing anime its just been producing nothing but very low grade titles since 09. Gonzo was not doing much better for several years before then either. Gonzo's most recent work being Seikon no Qwaser. Saki, Shangri-La, Arad Senki, Sword of Uruk and Birdy Decode 2 are the TV shows they pumped out in 09.

Gonzo fandom was hardly something I was a part of to begin with but seeing the direction they have been heading lately I am really not surprised that such forgettable titles would make it seem like gonzo is not around anymore. Especially after some of the classics they made in the earlier part of last decade.
Did this drive Gonzo into the ground?

Doods a hero in that case.


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