KAZUO OKADA
Official Website

In 2012, the current president of the UE Corporation, Fujimoto Jun organized a Special Investigation Committee in order to conceal his huge amount of unauthorized remittance of about 3.5 Billion Yen.

3 malicious lawyers comprised of Masaki Michio, Matsuo Sotaro and Miyama Miya, became the Special Investigation Committee and created reports based on falsehood without conducting necessary investigations. They released the false detail, and made me appear as if I am a criminal, deceived my family and people around me, and ousted me from UE Corporation.

Fujimoto was originally the representative of Seta Corporation, however, the company got delisted and was about to go bankrupt, so in 1999, I bought it out through UE Corporation.
Despite being saved by me at that time, he is trying to return the favor through ill will.

After driving me out from the UE Corporation, Fujimoto continued with his sloppy way of management, and brought the UE Corporation’s assets to deficit, and down the drain. Looking at these financial statements, it is clear that Fujimoto and the current management have no management skills both for corporate and for casino. Since my ouster, the company is at an operating loss for nearly 50 Billion yen.

Additionally, despite their lack of authority, they proceeded the negotiation for the settlement with Wynn Company instead of me; which at that time, UE Corporation was the largest shareholder of the said company, and without the regard to the actual situation, what was originally worth more than about 400-600 Billion Yen had only been settled for about 260 Billion yen for the purpose of immediate fund raising.

Furthermore, the current executive of the UE Corporation is receiving an outrageous amount of compensation, and this will likely lead the UE Corporation to bankruptcy. I also believe that the current management system will fail in less than a year.

As the person who established the company and raised it for over 50 years with my heart and soul, I will certainly return as the manager of the company and will bring back "true entertainment" to people from all over the world, making Universal Entertainment the world's best casino company. I am the only one who can do that.

I was unfairly refused participation at the shareholders meeting in June, immediately after being ousted in 2017, but if I attended at that time, I would have made the following remarks.
“I am confident that within 2 years, I will list Universal Entertainment in Hong Kong and have a market capitalization of over 1 Trillion Yen.

I wish to supply for the remaining fund through increase of capital by shouldering it. Also, the Court of the United States has also proved that the Reuter’s report is unfounded so the litigation with Wynn has also arrived to a point for reaching victory.
And in the event of a favorable ruling UE will become the largest shareholder of Wynn and will be able to take control of the management. Through this, Wynn Resorts (having UE as the largest shareholder) will become the 3rd largest Casino Company in the world.”