TOKYO, Jun 18 (Pulse News Wire) – WOWOW INC. (4839.T) disclosed changes in its shareholder structure, noting that Fuji Media Holdings Co., Ltd.
And TBS Holdings Co., Ltd. remain significant stakeholders. As of March 31, 2026, Fuji Media Holdings held a combined direct and indirect equity stake of 20.92%, while TBS Holdings held 16.03%. Following a June 15 board resolution, the company plans to issue new shares to NTT DOCOMO with a payment due date of October 1, 2026.
Post issuance, Fuji Media Holdings' shareholding ratio is expected to drop to 20.33%, and TBS Holdings' to 15.58%. Fuji Media Holdings remains the largest shareholder with 20.92% of voting rights, making it a key influencer in WOWOW's operations. The company also noted ongoing transactions related to broadcasting and media services with subsidiaries of both major shareholders. Additionally, five out of ten directors have affiliations with other companies within the same group, but WOWOW maintains operational independence and does not accept employee transfers from affiliated entities.
Regarding future developments, the planned share issuance to NTT DOCOMO underscores strategic shifts in shareholder composition, impacting the overall governance landscape.
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