Key Facts
• June 25, 2025: Fuji Media Holdings held its annual shareholders’ meeting in Tokyo.
• 11 directors, including CEO Kenji Shimizu, were approved; U.S. fund’s proposal rejected.
• Shimizu acknowledged entrepreneur Takafumi Horie’s insights on regulatory challenges.
• Horie suggested separating real estate business; Shimizu emphasized its short-term necessity.
• Former director Hisashi Hieda’s retirement payment was based on a 2008 resolution.
• U.S. fund Dalton’s director candidates received less than 30% approval.
• Shimizu aims to enhance media content profitability and strengthen competitive edge.
• July 2025: A planned investigative program is under production.
• Shimizu addressed concerns over an employee’s arrest for online casino involvement.
• Advertisers are cautiously optimistic about Fuji’s reform plans.
• Shimizu highlighted the importance of restructuring and improving corporate culture.
Summary
Fuji Media Holdings CEO Kenji Shimizu outlined the company’s reform strategies following its annual shareholders’ meeting on June 25, 2025. Key decisions included the approval of 11 directors and the rejection of a U.S. fund’s alternative proposal. Shimizu acknowledged Takafumi Horie’s suggestions on regulatory challenges and potential business restructuring, emphasizing the need for short-term reliance on real estate profits to stabilize the media business. He also addressed concerns over an employee’s arrest for online casino involvement and highlighted ongoing efforts to rebuild advertiser trust. Shimizu stressed the importance of enhancing media content profitability, restructuring operations, and fostering a stronger corporate culture. An investigative program is set to air in July 2025, reflecting the company’s commitment to transparency and reform.
