Japan Association of Corporate Directors

April 8, 2025, The Japan Association of Corporate Directors (JACD) has issued a statement in response to the March 31, 2025, the report of the third-party committee investigating Fuji Media Holdings, Inc. (FMH) and Fuji Television Network, Inc. The report revealed serious dysfunctions in the group's corporate governance and internal control systems. The JACD calls for structural reforms, including the establishment of a chief audit executive, the implementation of dual reporting lines, and the transition to a company with a nomination committee, etc. The statement urges FMH to take immediate and serious action to restore trust and accountability.