Fuji Media Shares Rise on Management Overhaul After Scandal

From Yahoo Finance: 2025-03-27 23:09:00

Fuji Media Holdings Inc. shares rose after announcing management overhaul and improved capital allocation. Former chairman resigns, company to review asset holdings and improve efficiency. Stock market reacts positively, debt market remains cautious. Independent inquiry results on sexual harassment scandal expected soon. Governance issues still concern debt investors. Sponsors pulled ads, pressure to bring in younger talent to board. Board size to be reduced, majority to be outside directors.



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