Toward a new management structure
In response to the recent incident at Fuji Television, our group has announced and implemented measures to strengthen our governance framework, respect for human rights, and compliance.
Latest Updates
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2025/06/18
Initiatives to Strengthen Governance and Enhance Corporate Value, and Opinion of the Board of Directors on Director Candidates(Additional Explanatory Materials 2)
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2025/06/13
Regarding the Recommendation Report by Glass Lewis on the Proposals for the 84th Ordinary General Meeting of Shareholders
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2025/06/10
Regarding the Recommendation Report by Institutional Shareholder Services Inc. (ISS) on the Proposals for the 84th Ordinary General Meeting of Shareholders
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2025/05/30
Regarding Progress on Fundamental Reform Measures by Our Company and Fuji Television Network, Inc.
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2025/05/28
Initiatives to Strengthen Governance and Enhance Corporate Value, and Opinion of the Board of Directors on Director Candidates(additional explanatory materials)
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2025/05/16
Initiatives to Strengthen Governance and Enhance Corporate Value, and Opinion of the Board of Directors on Director Candidates
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2025/05/16
Notice Regarding the Opinion of the Board of Directors on Shareholder Proposal
Reform Action Plan
Our Reform Action Plan stems from a deep and sincere reflection on issues related to human rights and compliance. It replaces our former Medium-Term Group Vision 2023 and serves as a new management guideline that will precede the next Medium-Term Group Vision.
With the highest priority placed on respecting human rights, this plan aims to promote human capital management that maximizes the value of human resources, while transitioning our business model centered on our strength in content planning and production capabilities.
In doing so, we aim to build a foundation for sustainable growth and enhanced corporate value. Furthermore, we will focus resources on growth areas, actively invest by leveraging our assets, and enhance shareholder returns. We will also thoroughly implement governance reforms, such as strengthening the independence of the Board of Directors, increasing transparency in the executive nomination process, and reinforcing risk management.
The Reform Action Plan will be flexibly updated based on changes in key management indicators and business performance, and once preparations are complete, we plan to announce the next, more advanced and effective Medium-Term Group Vision.
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Human capital-driven management
We will enhance human rights and compliance awareness across the entire group and rebuild our corporate culture. We are committed to sincerely addressing long working hours, harassment, and other longstanding issues in the production workplace, aiming to create a work environment where employees can find purpose and motivation.Find out more
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Proactive Business Transformation
We will fundamentally reform Fuji Television in response to the ongoing structural decline in terrestrial broadcasting advertising revenue, accelerate the growth strategy for our media and content businesses, and achieve new progress. At the same time, we will promote a comprehensive transformation of our overall business portfolio.Find out more
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Capital optimization for medium- to long-term value creation
We will promptly establish an optimal capital structure to enhance corporate value over the medium to long term.Find out more
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Transition to governance-focused management
We will implement a highly independent and objective decision-making process for executive nominations, while also establishing a stronger group-wide risk management framework. Through these measures, we aim to further enhance our management oversight functions.Find out more
2025 General Meeting of Shareholders:
Related Information on Proposals
To implement this plan, our Board of Directors has selected and announced candidates for director positions to be proposed at the upcoming General Meeting of Shareholders.
Director Candidate Selection:
The selection process involved deliberation by the Board following reviews and recommendations from the Management Advisory Committee, consisting of three independent outside directors and two internal directors, as well as assessments by all independent outside directors. As a result, we concluded that the 11 candidates we are proposing are best suited to implement our growth strategy and capital policy, and to strengthen our governance and compliance systems.
Regarding the 12 candidates for outside director (non-audit & supervisory committee members), proposed by shareholders:
With the exception of a few, all agreed to individual meetings with our internal and outside directors. These individuals possess unique expertise and proven track records, and we confirmed their strong commitment to the revitalization of Fuji Television. The Board wishes to express our sincerest appreciation to these candidates.
However, after thorough consideration, the Board determined that the management’s proposed candidates best align with the skills matrix deemed essential for the Board. We also concluded that increasing the number of directors would not be appropriate given the optimal board size. Accordingly, the Board has resolved to oppose the shareholder-proposed candidates.
The Company and Fuji Television, under the new board structure announced and in accordance with the Reform Action Plan, will work in close partnership with all stakeholders—including shareholders, viewers and users, advertisers and business partners, production collaborators, affiliated stations, and our employees and staff—to advance bold reforms and growth initiatives.
