Technology Famed Japanese Toy Company, Good Smile, Has Reportedly Propped Up 4chan for Years

tom_mai78101

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TOXIC IMAGE BOARD 4chan has managed to stay online for the past seven years—amid boycotts and advertiser flight, after being implicated in several mass shootings, even as it was identified as a source of the conspiracy theories that inspired the January 6 insurrection—thanks, in part, to a $2.4 million investment from a major Japanese toy company.

A partnership agreement, obtained exclusively by WIRED, shows not only how current site owner Hiroyuki Nishimura acquired the far-right message board but also how Japanese industry helped finance the deal.

The text of the deal shows that Nishimura invested $800,000 of his own money, plus $4.8 million from his company—using cash from a major Japanese telecommunications company. But the most surprising part of the deal came from Good Smile Company, which acquired a 30 percent share in 4chan for its $2.4 million investment.

This contract was filed by 4chan to investigators with the New York Attorney General’s office, as part of that agency’s now-closed investigation into the May 2022 mass shooting in Buffalo, New York. WIRED obtained the documents through a Freedom of Information Act request.

These documents for the first time confirm the opaque corporate partnership that has run 4chan since its 2015 acquisition, just as scrutiny increases on the money behind the long-running website.

That scrutiny may be weakening the resolve to keep 4chan going. According to Nishimura, Good Smile is in the process of ending its partnership with 4chan—this comes as the company’s lucrative deal with The Walt Disney Company is set to be terminated.


There is a lot to unwind from the article. Highly recommended to go read it.
 

jonas

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I get that he put his own money into a political cause he believes in, but company money? Isn't that a form of embezzlement?
 

tom_mai78101

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I get that he put his own money into a political cause he believes in, but company money? Isn't that a form of embezzlement?
My impression that it is through stock IPO investment. In other words, the company owns a portion of 4chan stock.
 

jonas

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I think buying a non-profitable company for personal reasons is still a form of embezzling
 
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