J-Pop Star Sex Scandal Prompts Fuji Media Execs to Step Down
- Credit spreads continue to widen as corporates halt ads
- Fuji Media says will consider wider-reaching reforms
The Fuji Media Holdings headquarters in Tokyo.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
The president of Fuji Television Network Inc. and the chairman of its parent company will both step down over the handling of a sexual harassment scandal that has already toppled one of Japan’s most prominent TV hosts.
Koichi Minato, head of the TV arm of Fuji Media Holdings Inc., will resign as president effective Monday, the company announced. His successor, Kenji Shimizu, will take over on Tuesday. Fuji Media Chairman Shuji Kanoh also steps down today, the company said. It added that the changes were a first step toward what could be more fundamental reforms.