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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The University of Tokyo apologized on Wednesday for a series of corruption cases involving faculty at its medical school and affiliated hospital. President Teruo Fujii expressed deep regret for undermining societal trust and announced the dismissal of Professor Shinichi Sato from the Graduate School of Medicine.

Mitsubishi UFJ Financial Group (MUFG) has named Junichi Hanzawa, 60, currently head of its main banking unit, as its next CEO effective April 1. Outgoing CEO Hironori Kamezawa, 64, will become chairman. As Japan's largest bank enjoys record profits, sustaining growth beyond rising interest rates poses a key challenge.

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The Fukui prefectural government released a report on Wednesday acknowledging that its former governor, who resigned last month, sexually harassed four female prefectural workers. The report suggests that some of his actions could qualify as sexual assault under the law.

Sendai District Court sentenced 29-year-old Tomu Fujinuma to three years in prison, suspended for five years, for transporting a kidnapped high school student to Myanmar to engage in fraud. Prosecutors had sought four years and six months. The presiding judge called the act 'a malicious act.'

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Japan's Nikkei share average rallied ahead of Prime Minister Sanae Takaichi's snap lower house election on February 8, driven by a weaker yen and positive polls for her Liberal Democratic Party. Voters are prioritizing inflation countermeasures, while an AI-doctored campaign video has raised concerns over electoral fairness.

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