HOME > NATIONAL > Article

Text Size

small

medium

large


Fuji TV Cuts Executives' Pay over Nakai Scandal

Fuji TV Cuts Executives' Pay over Nakai Scandal

Fuji TV President Kenji Shimizu
Fuji TV President Kenji Shimizu

   Tokyo, April 8 (Jiji Press)--Fuji Television Network Inc. has decided to cut executive remunerations for President Kenji Shimizu and other board members for the time being from February over a scandal involving former TV personality Masahiro Nakai.
   The pay cuts come as the broadcaster's earnings are expected to deteriorate due to the scandal.
   Fuji TV said Monday that Shimizu sees his monthly remuneration cut by 50 pct. Other directors, excluding outside board members, who have already resigned, receive 30 pct pay reductions.
   Osamu Kanemitsu, president of Fuji Media Holdings Inc., the parent of Fuji TV, has taken a 30 pct pay cut since February, and other directors from within the company see a 10 pct decrease.
   Fuji TV's internal auditors have voluntarily decided to return 30 pct of their remunerations, while executive officers have decided to take 10 pct cuts in their compensation.

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

NATIONAL

HEADLINES

POLITICS
Japan, US Affirm Intention to Reach Tariff Agreement at Earliest Possible Time
ECONOMY
Japan Incurs 5.22-T.-Yen Trade Deficit in FY 2024 for 4th Straight Red Ink
SPORTS
60% of Tickets for 2026 Milano Cortina Winter Olympics Sold: CEO
OTHER
Possible Body of Woman under 20 Missing for 8 Months Found in Car in Aichi Pref.

AFP-JIJI PRESS NEWS JOURNAL


Photos