Fuji Media’s First Operating Loss Shows Sponsor Exodus Is Still Hurting Japan TV
Fuji Media Holdings reported an operating loss of 8.77 billion yen for the year ended March 2026, swinging from an 18.29 billion yen profit the previous year. The company blamed the downturn on the lingering impact of a sexual misconduct scandal that dented its mainstay TV ad revenues. Net sales came in at 551.87 billion yen, up just 0.2%. Net income landed at 6.50 billion yen, marking a recovery from last year’s 20.13 billion yen loss. The company’s full-year loss delivers more than just a blow to its image—it’s now showing up in the numbers. Jiji said Fuji Media just posted its first annual operating loss since 2008, the year it adopted a certified broadcast holding-company structure, a regulatory framework