A: Hey there! Guess what's been happening with Fuji Media?
B: No, not really. What's up?
A: Well, they had their annual shareholders meeting and it seems like they managed to win a power struggle with one of their major shareholders!
B: Oh, that sounds interesting. Did everything go smoothly for them?
A: Not exactly. They've been having some trouble lately because of this sexual assault scandal involving a former pop star named Nakai Masahiro.
B: Wow, that must have been tough for them! So what did they do about it?
A: Well, Fuji Media proposed changes to their management and corporate governance in response. But there's this US-based shareholder called Dalton Investments who wanted even stronger measures.
B: I see. What happened next?
A: They named eleven candidates for the board, including the president of Fuji TV and the former president of FamilyMart!
B: That's quite a mix! And what about Dalton's proposal? Did they appoint any of their candidates to the board?
A: Nope. None of Dalton's proposed candidates made it onto the board, which means Fuji Media came out on top in this situation.
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Japanese broadcasting giant Fuji Media Holdings has held its annual shareholders' meeting. The company was embroiled in a power struggle with a major shareholder but appears to have come out on top, with all 11 of its candidates being named to the board.
The company and its subsidiary Fuji Television Network have come under fire since a sexual assault scandal involving former pop star Nakai Masahiro came to light.
Fuji Media had proposed a management reshuffle and improvements to corporate governance in response. But US-based shareholder Dalton Investments called for stronger measures.
Fuji Media named eleven candidates for the board. They included the president of Fuji TV, Shimizu Kenji, and the former president of the FamilyMart convenience store chain, Sawada Takashi.
Dalton said external directors should be appointed and proposed 12 candidates of its own. But none of them were voted onto the board.
B: No, not really. What's up?
A: Well, they had their annual shareholders meeting and it seems like they managed to win a power struggle with one of their major shareholders!
B: Oh, that sounds interesting. Did everything go smoothly for them?
A: Not exactly. They've been having some trouble lately because of this sexual assault scandal involving a former pop star named Nakai Masahiro.
B: Wow, that must have been tough for them! So what did they do about it?
A: Well, Fuji Media proposed changes to their management and corporate governance in response. But there's this US-based shareholder called Dalton Investments who wanted even stronger measures.
B: I see. What happened next?
A: They named eleven candidates for the board, including the president of Fuji TV and the former president of FamilyMart!
B: That's quite a mix! And what about Dalton's proposal? Did they appoint any of their candidates to the board?
A: Nope. None of Dalton's proposed candidates made it onto the board, which means Fuji Media came out on top in this situation.
----------------
Japanese broadcasting giant Fuji Media Holdings has held its annual shareholders' meeting. The company was embroiled in a power struggle with a major shareholder but appears to have come out on top, with all 11 of its candidates being named to the board.
The company and its subsidiary Fuji Television Network have come under fire since a sexual assault scandal involving former pop star Nakai Masahiro came to light.
Fuji Media had proposed a management reshuffle and improvements to corporate governance in response. But US-based shareholder Dalton Investments called for stronger measures.
Fuji Media named eleven candidates for the board. They included the president of Fuji TV, Shimizu Kenji, and the former president of the FamilyMart convenience store chain, Sawada Takashi.
Dalton said external directors should be appointed and proposed 12 candidates of its own. But none of them were voted onto the board.
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Summary
Japanese broadcasting giant Fuji Media Holdings faced a power struggle with a major shareholder amidst a sexual assault scandal involving former pop star Nakai Masahiro. In response, the company proposed changes to management and corporate governance. Despite US-based shareholder Dalton
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ID: 0076410b-a201-4255-b6f6-25e85d700b82
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250625_B1B/
Created: 2025/06/25 19:03
Updated: 2025/12/08 03:33
Last Read: 2025/06/26 10:01