Event Brief
Former New Look head arrested over alleged tax evasion
Filed: Jul 23, 2026 at 7:08 AM ET
Summary: Public prosecutors arrested Shigenori Kanemoto over suspected income tax evasion using the angel tax system.
WHO: Yokohama District Public Prosecutor’s Office and the Tokyo Regional Taxation Bureau; Shigenori Kanemoto
WHAT: Arrest of the former president of yakiniku chain New Look on suspicion of income tax evasion
WHEN: Jul 23, 2026 at 6:33 AM ET
WHERE: Japan
WHY: He is suspected of evading about ¥367 million in income tax by concealing about ¥2.276 billion in income in 2023 via the angel tax system.
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