TV Asahi Holdings Corporation [9409.T]

TOKYO, May 27 (Pulse News Wire) – TV Asahi Holdings Corporation (9409.T) disclosed its major shareholders, revealing that Asahi Shimbun Co. holds the largest stake with 20.56%.

Additionally, Toho Co. owns 18%, making it the second-largest shareholder. Both companies are key stakeholders, with TV Asahi being part of their respective enterprise groups through cross-shareholdings. Asahi Shimbun's significant influence stems from its position as the top capital holder among affiliated entities.

The two companies collaborate across various sectors such as television advertising, content businesses, internet operations, events, and publishing. TV Asahi also maintains close ties with Toho in areas like program production, film investments, DVD sales, and internet ventures. The company’s board includes four non-executive directors from Asahi Shimbun and Toho, reflecting the strong relationship between TV Asahi and its major shareholders. Furthermore, there are six employees from Asahi Shimbun and one from Toho working within TV Asahi’s subsidiaries, fostering talent exchange and mutual benefits.

Original Disclosure (PDF)

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