Aruze USA Comments on Certain Media Coverage
TOKYO, Nov. 19, 2012 (GLOBE NEWSWIRE) -- Since November 16^th, the several
media including Reuters have been reporting on the alleged illegal funding by
Aruze USA Inc., in connection with a casino resort business currently being
undertaken by our group in the Philippines. Please note that none of such
reports are based on sufficient investigation.
In August, we filed with the Tokyo District Court a damage lawsuit against Mr.
Mitsuo Hida, former representative officer of Japanese branch office of Aruze
USA Inc., a subsidiary of Universal Entertainment Corporation in connection
with economic damage caused by embezzlement committed Mr. Hida during his
employment with the company. In this regard, we plan to file criminal charges
against Mr. Hida on his embezzlement.
During the course of this lawsuit case, we believe that nature and purpose of
his embezzlement will be accounted for.
CONTACT: MEDIA CONTACTS:
Universal Entertainment Corporation
(JASDAQ Code: 6425)
PR&IR OFFICE Nobuyuki Horiuchi
Assistant General Manager
Ariake Frontier Bldg A,3-7-26 Ariake
TEL: +81-3-5530-3055 (switchboard)
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