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Fuji TV Sues Former Directors Over Compliance Failures

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Fuji TV Sues Former Directors Over Compliance Failures

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Fuji Media Holdings ( (JP:4676) ) has issued an update.

Fuji Television Network, a subsidiary of Fuji Media Holdings, has filed a lawsuit against former directors Koichi Minato and Toru Ota for failing to address a reported incident involving a TV personality and a former employee, which potentially involved human rights violations. The lawsuit seeks damages of 5 billion yen, part of a larger 45 billion yen incurred by Fuji TV, highlighting the company’s commitment to compliance and human rights, and aiming to reassure stakeholders of its dedication to corporate responsibility.

The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3260.00 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 through its subsidiary, Fuji Television Network, Inc. The company is listed on the Tokyo Stock Exchange and is involved in various media-related services.

Average Trading Volume: 2,567,912

Technical Sentiment Signal: Buy

Current Market Cap: Yen729.9B

See more data about 4676 stock on TipRanks’ Stock Analysis page.

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