Scandal-hit Fuji Media Holdings logs loss

Fuji Television Network Inc. President Kenji Shimizu and Osamu Kanemitsu, president of its parent company Fuji Media Holdings Inc., attend a press conference in Tokyo on April 30, 2025, after Fuji Meida said it is projected to log a consolidated net loss of 20.1 billion yen (approx. $139.4 million) for fiscal 2024 following a scandal in which former TV personality Masahiro Nakai allegedly sexually assaulted a former Fuji TV employee that led sponsors to pull their commercials.