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Fuji Media Holdings Withdraws 2023 Targets, Launches Reform Plan

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Fuji Media Holdings ( (JP:4676) ) has provided an announcement.

Fuji Media Holdings has decided to withdraw its ‘Medium-Term Group Vision 2023’ targets due to a significant decline in advertising revenue following incidents at Fuji Television. The company has introduced a ‘Reform Action Plan’ to address these challenges, focusing on governance improvements, human rights, and compliance. This plan aims to enhance the group’s long-term corporate value and will be updated as the business recovers.

The most recent analyst rating on (JP:4676) stock is a Buy with a Yen2420.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.

More about Fuji Media Holdings

Fuji Media Holdings, Inc. operates in the media industry, primarily focusing on television broadcasting and related services. It is a prominent player in the Japanese market, with Fuji Television being one of its key subsidiaries.

Average Trading Volume: 6,306,288

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen634.7B

Find detailed analytics on 4676 stock on TipRanks’ Stock Analysis page.

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