Anime-centric internet media company Tokyo Otaku Mode has released an official statement regarding its corporate restructuring process, after news broke online that their Co-founder and Chairman Tomohide Kamei had resigned his post. TOM clarifies that the resignation was part of their restructuring, and Kamei had been reinstated.
It has been reported that the Japanese representative of Tokyo Otaku Mode Inc.’s Japanese branch has resigned.
The May 30th issue of “Kanpou” published the resignation announcements of some foreign companies’ representatives of Japanese branches, and some media outlets reported the announcements in the news.
As of April 1st, 2018, Tokyo Otaku Mode Inc. has reorganized its corporate structure through a triangular merger in order to switch the parent company from the American company to the Japanese one.
In this reorganization process, the original American company and its Japanese branch have been closed while a new American company and Japanese branch have been created. As an important part of this process, we announced the resignation of the company’s Japanese representative in “Kanpou.”
As the article stated, Mr. Kamei has been reinstated as the representative of the Japanese branch of the new American company, Tokyo Otaku Mode Inc. In conclusion, there has been almost no change in the functions of the company.
— TOKYO OTAKU MODE (4 June 2018)
News of the restructuring came at a particularly sensitive time, with the company trying to get its “Otaku Coin” cryptocurrency off the ground. TOM’s goal is for “Otaku Coin” to become the universal currency for anime fans and anime merchandise retailers from all over the world.
However the same fans that Otaku Coin seek to serve seem sceptical towards the project, especially after TOM claimed that 39% of the entire Otaku Coin stash will be retained by them as operational expenses in their white paper.