TV TOKYO Holdings Corporation [9413.T]

TOKYO, Jun 22 (Pulse News Wire) – TV Tokyo Holdings Corporation (9413.T) disclosed its relationship with Nihon Keizai Shimbun (Economic Daily News). As of March 31, 2026, TV Tokyo Holdings owns 33.33% of Nihon Keizai Shimbun's shares directly, while the combined shareholding percentage reaches 33.33%.

Due to broadcasting regulations, the voting rights held by Nihon Keizai Shimbun are capped at below one-third. TV Tokyo Holdings operates within the TV Tokyo Group alongside 20 related companies. It forms part of the Nihon Keizai Shimbun Group, which comprises six terrestrial television stations across Japan. TV Tokyo acts as the key station in the TXN network. The two groups collaborate on program production, events, IT services, and property leasing transactions.

Each annual transaction report is reviewed by the board of directors, ensuring compliance with corporate law. Two out of twelve directors at TV Tokyo Holdings concurrently serve as directors at Nihon Keizai Shimbun. Additionally, nine staff members from Nihon Keizai Shimbun are seconded to the TV Tokyo Group’s reporting division. Despite these ties, TV Tokyo maintains independent decision-making processes and adheres to separate programming standards to ensure media independence. Six non-executive directors appointed by TV Tokyo Holdings meet the Tokyo Stock Exchange's criteria for independent directors, further safeguarding the company's autonomy.

Original Disclosure (PDF)

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