IMPORTANT UPDATE

On August 7, 2020, the Ganapati Group was vindicated with a major victory in court. Earlier this year, the Japanese Financial Services Agency (JFSA) brought legal action in the Tokyo District Court against GPJ Venture Capital, formerly a part of the Ganapati Group and responsible for its fundraising efforts. The action, which the JFSA now admits had no merit, claimed a procedural violation in the way GPJ sells its Shain-Ken (corporate bonds) to investors. However, after a full investigation had been conducted, the claim against GPJ was found to be unsubstantiated, leaving the JFSA with no reasonable grounds to pursue the case any further. Therefore, on August 7th, the JFSA successfully petitioned the court to withdraw this action in its entirety. The Ganapati Group is grateful to its investors and partners, who have stood together in solidarity through this ordeal. And now that the Ganapati Group’s name is fully cleared of these charges, it is looking forward to renewing its focus on developing world-class games with redoubled vigor and dedication.