Executive of Fuji Media Holdings spoke to ministry about violations : The Asahi Shimbun asahi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asahi.com Daily Mail and Mail on Sunday newspapers.
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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. 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.
Japan s communications ministry asks broadcasters to check foreign ownership compliance Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
Fuji Media Holdings Inc. s headquarters in Tokyo s Minato Ward | KYODO
KYODO Apr 6, 2021
The communications ministry requested Tuesday that all domestic broadcasters investigate whether they are complying with foreign ownership rules after Fuji Media Holdings Inc. said it may have breached regulations in the past.
The development came as satellite broadcaster Tohokushinsha Film Corp., where Prime Minister Yoshihide Suga s eldest son Seigo Suga works, is set to have a license for one of its channels revoked in May. That follows its admission that it violated a rule under the law that requires less than 20% of voting rights in a broadcaster be controlled by foreign shareholders.