Fuji TV regains 80% of sponsors one year after scandal

Fuji Television Network has regained about 80% of the sponsors that suspended commercials following a sexual abuse scandal involving former TV star Masahiro Nakai, which prompted the president's resignation a year ago. The incident exposed flaws in the company's governance. Its parent, Fuji Media Holdings, introduced a reform plan emphasizing human rights in May.

The scandal erupted in January 2025, severely damaging Fuji Television's reputation. The sexual abuse case involving former star Masahiro Nakai highlighted pervasive harassment issues across the company, leading to the president's resignation. A third-party committee's report criticized Fuji TV, stating that harassment-related damage was "rampant" throughout the organization.

After a management overhaul, sponsors gradually resumed advertising over the summer. By December, the number of sponsors had recovered to 86% of the level from a year earlier. Fuji TV aims to fully restore pre-scandal sponsor levels by April.

Fuji Media President Kenji Shimizu emphasized, "It's important to continue reforms. If we continue to make tireless efforts, the entire organization will become healthy."

The broadcaster intends to incorporate human rights compliance into contracts with program participants. The reform action plan prioritizes human rights and outlines ¥250 billion in growth investments over five years to bolster the content business.

Meanwhile, the group's largest shareholder, Aya Nomura—the eldest daughter of activist investor Yoshiaki Murakami—and a linked investment fund announced in December plans to increase their stake to up to 33.3%. They are pushing for the separation of Fuji Media's real estate operations.

Management now grapples with rebuilding the group amid internal reforms and external pressures.

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Akira Ogawa, scandal-tainted former Maebashi mayor, celebrates reelection victory at podium amid supporters and election banners.
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Scandal-tainted former Maebashi mayor Akira Ogawa reelected

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Former Maebashi Mayor Akira Ogawa, 43, has been reelected after resigning over controversial hotel visits with a married municipal official. She defeated four rivals in the vote for the Gunma Prefecture capital, with turnout rising from the previous election. Ogawa apologized during the campaign while pledging to transform the city.

Fuji Media Holdings' shares surged the most in three months on Tuesday after activist investor Aya Nomura warned of seeking control over one-third of its voting rights. Nomura demands the spinoff or sale of real estate operations and a minimum dividend-on-equity ratio of 4%. The pressure intensifies as the broadcaster works to recover from a sexual assault scandal that has harmed its reputation.

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Tokyo police have arrested Kensuke Nakamoto, a 50-year-old chief director for NHK's sports news programs, on suspicion of sexually assaulting a woman in Shibuya Ward. The incident occurred around 2:15 p.m. on January 4, when the suspect allegedly took a woman in her 20s into a nearby building. NHK expressed deep regret over the arrest and apologized to the victim and viewers.

Mitsubishi UFJ Financial Group (MUFG) reported a 6% rise in net income to ¥520.6 billion ($3.3 billion) for the third quarter ended December 31, driven by higher interest rates from the Bank of Japan boosting lending income.

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A female prosecutor in Japan has called for a third-party committee to investigate harassment among prosecution staff nationwide after alleging sexual assault by a senior colleague. She submitted a written request to the Justice Ministry on Monday and stated she would resign if the requested measures are not implemented by the end of March.

Japan has yet to decide on reappointing businessman Joichi Ito to an entrepreneurship project amid renewed scrutiny over his ties to Jeffrey Epstein. The uncertainty follows the U.S. Justice Department's release of millions of new Epstein documents. A government official stated that no decisions have been made on committee members for the next term.

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Nomura Holdings President Kentaro Okuda expressed enthusiasm in an interview with The Yomiuri Shimbun to increase individual clients through employee stock purchase associations at other companies. He plans to promote a hybrid service combining smartphone apps with face-to-face consulting, noting the rise in securities accounts opened via these associations, especially among those in their 50s and younger. Alongside expanding services for the wealthy, the firm aims to boost assets under custody by 60% to ¥37 trillion by fiscal 2030.

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