Japan’s sex-scandal hit Fuji TV holds marathon face-saving news event
First reported last month, the story burst into Japan’s mainstream media in January after activist investors publicly condemned Fuji Media for a lack of transparency and poor corporate governance in relation to the case. A government minister expressed concern that public trust in the broadcasting industry could be undermined.
Nicholas Benes, chief executive officer of the Board Director Training Institute of Japan, said the press conference had made the situation worse.
“It was a shambolic 10 hours because they did not have clear answers regarding the basis and justification for how the board acted,” he said in an email.