Defendant Nakano Toshiyuki, who frequently visited Last One Mile Co., Ltd. and built close relationships with Makoto Watanabe and Satoshi Saito, has been indicted in yet another case.<\/p>\n\n\n\n
indictment report published by KAB on August 12, 2026<\/a>According to the reports, the Yokohama District Public Prosecutors Office has indicted Defendant Shigenori Kanamoto, also known as Shige Toku Kim, on charges of concealing approximately 2.276 billion yen in income for 2023 and evading approximately 367 million yen in income tax. Defendant Toshiyuki Nakano has also reportedly been indicted for conspiring in the tax evasion. The Yokohama District Prosecutors Office has not disclosed whether the two defendants admit to the charges.<\/p>\n\n\n\n Reports state that \"preferential tax systems were abused.\" However, before the national tax authorities and prosecutors label it \"abuse\" at the end of the case, we must investigate what happened at the beginning of the case.<\/p>\n\n\n\n Who designed Company N as a company eligible for the angel tax incentive? Who applied to the administrative agency? Who explained that the administrative confirmation had been obtained? Who used the title of certified public accountant to reassure investors and assisted them until the actual wire transfer was made? And who was the person upstream who drew the \"picture\" of the system?<\/p>\n\n\n\n This time, extremely crucial information regarding the Last One Mile Labor Union has been submitted, which will be vital in considering its entry point.<\/p>\n\n\n\n Information indicates that the representative of a startup headquartered in Tokyo was instructed by Makoto Watanabe to make the company eligible for the angel tax system.<\/p>\n\n\n\n However, in this case, Defendants Kazuyoshi Nakano and Satoshi Saito, who were allegedly active as Mr. Watanabe's operational team, could not be used due to the circumstances at the time. Although Mr. Watanabe drew the \"blueprint\" of the system, there was no one to handle the application paperwork, so the representative of the venture company is said to have attempted the application themselves under Mr. Watanabe's direction.<\/p>\n\n\n\n The result was a failure.<\/p>\n\n\n\n What this fact shows is that the angel tax incentive is not a vending machine where you just write a company name, submit it, and get a confirmation certificate. Furthermore, if Company N had obtained a confirmation certificate, it means that Defendant Nakano and Mr. Saito had prepared the application documents, company information, share-related documents, and payment materials necessary to actually get through that administrative review.<\/p>\n\n\n\n According to information received by our association, Makoto Watanabe is said to have instructed the representative of a venture company in Tokyo on the approach and application process for qualifying as a company eligible for the Angel Tax System.<\/p>\n\n\n\n However, in this case where the defendants Kakuki Nakano and Satoshi Saito did not get involved in the practical operations, the representative themselves had to gather the materials, prepare the application details, and handle communications with the administrative agency. Furthermore, it is reported that they ultimately failed to pass the screening.<\/p>\n\n\n\n The specific reason the application was rejected should be verified based on the records held by the administrative agency and the applicant. However, it is clear, at the very least, that this was not a system in which administrative approval was automatically granted simply because Mr. Watanabe explained, \u201cThis is how you should submit the application.\u201d<\/p>\n\n\n\n It wasn't as if the local government simply framed and displayed the painting Mr. Watanabe had created.<\/p>\n\n\n\n A certificate of confirmation will not be issued unless the applicant meets the corporate requirements, issues and pays for shares, gathers the necessary documents, and receives confirmation from the relevant administrative authority. Between Mr. Watanabe\u2019s verbal guidance and the administrative confirmation, there is a significant hurdle in the form of the actual review process.<\/p>\n\n\n\nMakoto Watanabe's \"paintings\" alone were not enough to pass the Tokyo Metropolitan Government's Angel Tax System screening.<\/h2>\n\n\n\n
The Tokyo Metropolitan Government's review process isn't like a vending machine that spits out a confirmation slip just because you enter your name.<\/h2>\n\n\n\n