Japan's Fuji Media Posts Its 1st Net Loss in FY 2024

Japan's Fuji Media Posts Its 1st Net Loss in FY 2024

   Tokyo, May 16 (Jiji Press)--Japan's Fuji Media Holdings Inc. on Friday reported a consolidated net loss of 20.1 billion yen for fiscal 2024, its first red ink since becoming a holding company in 2008.
   Fuji Media, which had logged 37 billion yen in profit a year earlier, saw many sponsors leave scandal-embattled core unit Fuji Television Network Inc. over its handling of a sex scandal involving now-retired TV personality Masahiro Nakai.

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