The stock price of Tama Home, one of Japan's biggest homebuilders, fell on Wednesday, so there were previous reports that the company's president threatened employees with punishment if they were vaccinated against COVID-19.

The day before, there were reports that Shinya Tamaki, the president of this company listed on the first section of the Tokyo Stock Exchange, prohibited the company's employees from getting vaccinated. Violators would be left to work at home indefinitely. The period was counted as being absent from work without pay. He also claims that those vaccinated will die within 5 years. He also said that 5G signals will attract the coronavirus and increase the risk of infection. In order to prevent the epidemic, employees are prohibited from using 5G phones.

The company's stock price once plummeted 12% on Wednesday, the biggest drop since March last year. It became the single stock with the biggest drop in the Eastern Stock Index. The trading volume was 10 times that of weekdays.

In a statement, the company flatly denied that it had pressured employees not to get vaccinated, or threatened to punish them if they did. The company said online posts about its banning employees from getting vaccinated were “completely untrue,” adding that “whether to get vaccinated depends entirely on the individual.”