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Prince Hotels controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2005

    Seibu-Kokudo shareholder-record scandal

    Investigations found that Seibu Railway shares held by Kokudo had been registered in the names of affiliated individuals, obscuring the actual ownership structure. The governance crisis contributed to Seibu Railway's delisting and the subsequent reorganization that placed Prince Hotels within Seibu Holdings.

  2. 2005

    Yoshiaki Tsutsumi securities-fraud arrest

    Yoshiaki Tsutsumi, the former controlling figure in the Seibu-related corporate structure, was arrested on securities-fraud charges in March 2005. The case concerned the wider group and its ownership disclosures rather than a specific hotel property.