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MEDIA DO Designates Hikari Tsushin as Equity-Method Affiliate After Stake Tops 20%

Story Highlights
  • Hikari Tsushin’s indirect stake in MEDIA DO rose above 20 percent, making it an equity-method affiliate.
  • MEDIA DO acknowledges Hikari Tsushin as an other affiliated company, signaling deeper shareholder influence without immediate earnings impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MEDIA DO Designates Hikari Tsushin as Equity-Method Affiliate After Stake Tops 20%

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MEDIA DO Co., Ltd. ( (JP:3678) ) just unveiled an announcement.

MEDIA DO Co., Ltd. has announced that diversified services group Hikari Tsushin, Inc. has become an “other affiliated company” and equity-method affiliate after its indirect voting rights in MEDIA DO, held through several subsidiaries, rose above 20% to 20.40% as of December 31, 2025. Following Hikari Tsushin’s notification and a formal request to treat MEDIA DO as an equity-method affiliate and exchange financial information, MEDIA DO’s board determined the new status and disclosed that while there are currently no personnel or business relationships between the two firms, the substantial shareholding deepens Hikari Tsushin’s influence as a key stakeholder and may have strategic implications for governance and future collaboration, even though the company has not indicated any immediate impact on its earnings outlook.

The most recent analyst rating on (JP:3678) stock is a Buy with a Yen1909.00 price target. To see the full list of analyst forecasts on MEDIA DO Co., Ltd. stock, see the JP:3678 Stock Forecast page.

More about MEDIA DO Co., Ltd.

MEDIA DO Co., Ltd. is a Tokyo-listed company (TSE Prime, code 3678) operating in the digital content distribution and related services industry, focusing on providing infrastructure and solutions that connect publishers, retailers and readers in the e-book and broader digital media market.

Average Trading Volume: 51,259

Technical Sentiment Signal: Hold

Current Market Cap: Yen27.18B

Find detailed analytics on 3678 stock on TipRanks’ Stock Analysis page.

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