Key Facts
• November 7, 2025: Fuji Media Holdings announced Michiyo Yasuda’s resignation.
• September 2025: Internal investigation revealed improper expense claims by Yasuda.
• Misconduct involved falsified expenses for meals and purchases.
• Yasuda admitted to the misconduct and offered to refund the misused funds.
• Fuji Media Holdings emphasized commitment to governance reforms and preventing recurrence.
• Current board composition meets legal requirements; no replacement planned for Yasuda.
Summary
Michiyo Yasuda, a director at Fuji Media Holdings, resigned on November 7, 2025, following revelations of improper expense claims during an internal investigation. The misconduct, identified in September 2025, involved falsified claims for meals and purchases. Yasuda admitted to the actions, expressed intent to refund the misused funds, and voluntarily stepped down. Fuji Media Holdings, currently undergoing governance reforms, condemned the actions and reaffirmed its commitment to strengthening governance and preventing future issues. Despite Yasuda’s resignation, the company confirmed that its board composition remains compliant with legal requirements, and no immediate replacement is planned.
