The &#8220;General Incorporated Foundation JBC,&#8221; whose financial difficulties have long been discussed, was finally knocked out.
<figure id="attachment_240412" class="wp-caption alignnone" style="width: 1516px;" aria-describedby="caption-attachment-240412"><a href="#" data-ident_hash="ea9ad98e"><img src="https://res.cloudinary.com/fridaydigital/image/private/t_article_image/wpmedia/2022/04/f4d4d4ef6d36421763ad7c0aed4d83ea.jpg" alt=""></a>At the end of January 2020, Kameda won the first trial of his case against the JBC. The JBC then appealed, and it took about two years to reach a second court decision.</figure>
Under the law, a general incorporated foundation must be dissolved if its net assets fall below 3 million yen for two consecutive terms, but JBC&#8217;s net assets fall below approximately 2.5 million yen in 2020 and 2.5 million yen in 2021. JBC posted a loss of approximately ¥2.5 million in 2020 and another loss of approximately ¥40 million in 2021. In addition to the sloppy handling exposed by the drug scandal involving Kazuto Ioka that surfaced last April, the JBC lost a lawsuit against the three Kameda brothers in February of this year and was ordered to pay approximately 100 million yen in compensation. At the end of March, the company announced its dissolution.
 
The trial was not at all the fault of Kameda&#8217;s side. The Kameda family&#8217;s second son, Daiki, lost a world title match in December 2013, but his opponent was disqualified for being overweight. The public bashed Daiki, who remained on the title due to regulations, saying, &#8220;You lost”.
The JBC suspended the licenses of the gym presidents and others in response to public outcry, and as a result, the three Kameda brothers are no longer allowed to fight in Japan.
It took a long time, but the JBC, which was influenced by public opinion and took the unthinkable action, lost the fight it had to lose.
Lawyer Haruo Kitamura, who represented the three Kameda brothers, criticized the JBC.
The JBC claims that the reason for dissolving the JBC is because of the loss of revenue due to the Corona disaster, but the real reason is different. The real reason is the accumulation of legal fees and compensation payments due to repeated illegal activities, which is the cause of the financial difficulties.
JBC is currently seeking sponsors in order to rebuild its finances. However, Attorney Kitamura says, &#8220;There is no such thing as &#8216;restructuring&#8217; in this organization.”
“At the very least, everyone involved in illegal activities should quit. It is in the best interest of the professional boxing world that it be reborn as a new organization from scratch.&#8221;
 
Distrust of the JBC is also growing within the Japan Professional Boxing Association, an organization of gym managers.
“Many chairpersons of leading gyms who are members of the JBC have voiced their opinion that a new organization is needed to handle the commission. However, even if the chairpersons of leading gyms become representatives of a new organization, they will not have the image that the professional boxing world has been reborn&#8221; (Association member gym president).
Therefore, there is a proposal to invite a big-name athlete with a clean image from a completely different genre.
 
The idea of inviting a big-name athlete with a clean image from a completely different genre has been proposed, according to a gym president who is a member of the association. Other candidates include So Takei, the TV personality who became president of the Japan Fencing Association last June, and former women&#8217;s wrestling champion Saori Yoshida.
FRIDAY interviewed JBC about the reasons for its financial difficulties and future activities, but received no response by the deadline.
Meanwhile, Koki Kameda, 35, who finally emerged as the winner after a lengthy legal battle, commented to FRIDAY, &#8220;I&#8217;m not sure what to say.”
“I hope that this trial, which one professional boxer has devoted his boxing career to, will not be in vain, and that it will be utilized for the sake of future boxers. There are many professional boxers who are still working hard to pursue their dreams. Professional boxers put their lives on the line to fight in the ring every fight and give dreams, hope, and inspiration to those who watch them. I believe that the industry needs to change so that boxers can earn fight money commensurate with their performance, and so that their status can be improved.”
The future of professional boxing depends on what kind of &#8220;new organization&#8221; will be born.
<figure id="attachment_240413" class="wp-caption alignnone" style="width: 2500px;" aria-describedby="caption-attachment-240413"><a href="#" data-ident_hash="90b0e8ad"><img src="https://res.cloudinary.com/fridaydigital/image/private/t_article_image/wpmedia/2022/04/903d840f0bfb08bd6d6921f84613f29e.jpg" alt=""></a><figcaption id="caption-attachment-240413" class="wp-caption-text">Last April, a drug scandal surfaced against Ioka, revealing the JBC&#8217;s sloppy handling of the case and prompting President Yuhei Nagata to apologize to Ioka.</figcaption></figure>
<figure id="attachment_240414" class="wp-caption alignnone" style="width: 2060px;" aria-describedby="caption-attachment-240414"><a href="#" data-ident_hash="e710445b"><img src="https://res.cloudinary.com/fridaydigital/image/private/t_article_image/wpmedia/2022/04/d6d8906d62b64a4ca8bbb074c256ffa9.jpg" alt=""></a>Attorney Haruo Kitamura represented Kameda&#8217;s side. He stated, &#8220;The JBC has no sense of fairness or impartiality at all.”<figcaption id="caption-attachment-240414" class="wp-caption-text">From the April 29, 2022 issue of FRIDAY
</figcaption></figure>

 Toshikatsu Tanaka, Kyodo News (2nd photo)

 The JBC, which has long been criticized for its financial difficulties, has finally been knocked out. Under the law, a general incorporated foundation must be dissolved if its net assets fall below 3 million yen for two consecutive terms.

JBC to be dissolved! Names of Big-Named Athletes Mentioned in Establishment of New Organization

Access Ranking