HOME > NATION > Article

Text Size

small

medium

large


Japan Minister Vows Thorough Probe into Fuji Media Scandal

Japan Minister Vows Thorough Probe into Fuji Media Scandal

   Tokyo, April 6 (Jiji Press)--Japanese communications minister Ryota Takeda said Tuesday that his ministry will conduct a thorough investigation into Fuji Media Holdings Inc. <4676> over its suspected violation of a foreign ownership rule under the broadcasting law in the past.
   "We'll take appropriate steps after thoroughly examining the issue on the basis of the results of the investigation," Takeda told a press conference.
   Takeda also said that the ministry plans to ask all certified broadcasting holding companies and broadcasters to confirm whether they are complying with the foreign ownership rule.
   Fuji Media, which has Fuji Television Network Inc. and other broadcasters under its wing, said Monday that it made errors in counting voting rights between 2012 and 2014. It may have breached the foreign ownership rule as a result.
   A certified broadcasting holding company, Fuji Media is allowed to have more than one terrestrial broadcaster subsidiary. The rule stipulates that the certification is not granted to a company if 20 pct or more of its voting rights are owned by foreigners.

To read a full story, please click here to find out how to subscribe.

NATION

Aomori Tourism Information

HEADLINES

POLITICS
Ex-US Vice President Walter Mondale, Also Ex-Ambassador to Japan, Dies at 93
ECONOMY
Sumitomo Mitsui Financial, Dentsu Plan to Set Up Joint Bank App Ad Firm
SPORTS
Soccer: Tottenham Fires Jose Mourinho as Manager after 17 Months in Charge
OTHER
COVID Vaccines Given to 25% of Medical Workers in Japan, No Elderly in 9 Prefs.

AFP-JIJI PRESS NEWS JOURNAL


Photos