Fuji Media Holdings Inc. has experienced a decline in its shares and a widening spread on its bonds as the company grapples with the ongoing fallout of a sexual harassment scandal.
The resignations of FMH’s chair, Shuji Kano, and the head of Fuji TV, Koichi Minato, follow an unusually vehement backlash by shareholders after the company’s initial efforts to address the scandal ...
The company had continued allowing Nakai to appear on Fuji shows for a year and six months, he said, but denied covering up the case because it involved a big star.