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Yuji Naka reportedly arrested again

Balan Wonderworld maker faces second allegation of insider trading this month

Yuji Naka has reportedly been arrested on suspicion of insider trading for a second time, this time relating to Final Fantasy VII: The First Soldier.

According to Japanese outlet Asahi (via VGC) the former Sonic Team boss was re-arrested alongside ex-Square Enix employee Taisuke Sazaki, who was also arrested alongside Naka earlier this month.

The pair are accused of investing in ATeam Entertainment based on non-public knowledge about Square Enix's plans to collaborate with the Japanese developer on the Final Fantasy mobile title.

Asahi reports that Naka allegedly spent ¥144.7 million yen ($834,000) on approximately 120,000 shares in ATeam Entertainment prior to the game's announcement.

Last month, Naka was arrested for suspected insider trading after spending ¥2.8 million ($20,000) on shares in Aiming, the studio behind mobile title Dragon Quest tact.

Naka was an employee of Square Enix when Aiming signed the deal to develop the spin-off. Sasaki, and another former Square Enix employee, Fumiaki Suzuki, were also arrested alongside Naka.

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Danielle Partis

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Danielle is a multi award-winning journalist and editor that joined GamesIndustry.biz in 2021. She previously served as editor at PocketGamer.biz, and is also a co-founder of games outlet Overlode.