r/manganews • u/rockseiaxii • 3h ago
Discussion Manga artist Masami Kurumada sues former manager USD $18 million for embezzlement
Manga artist Masami Kurumada (72), known for “Saint Seiya,” filed a lawsuit on the 2nd with the Tokyo District Court seeking a total of approximately 2.89 billion yen (USD $18 million) in damages from his manager and others, alleging that three companies—including “Kurumada Production,” of which he is president—had been victims of embezzlement.
Speaking at a press conference in Tokyo, Kurumada said, “I really couldn’t believe it.” He claims to have suffered losses totaling 4.68 billion yen (USD $29 million) between 2018 and 2024. The matter came to light around February 2024 following a notice from the Tokyo Regional Taxation Bureau, and approximately 1.8 billion yen has already been recovered.
According to the complaint, the manager—who served as a director of all three companies—oversaw all administrative tasks, including accounting and external negotiations. He transferred funds without authorization from bank accounts in Kurumada’s company’s name to several other companies under his control and arranged for license fees from business partners to be deposited into those accounts.
Kurumada is a native of Tokyo. He made his debut with *Sukeban Arashi* and went on to create numerous popular serialized works in *Weekly Shonen Jump*, including *Ring ni Kakero*. *Saint Seiya*, a massive hit in the 1980s and 1990s, was adapted into an anime and received high acclaim overseas.