Fuji Media : FY2016 Financial Results Briefing Summary of Question and Answer Session
May 25, 2017 at 03:01 am EDT
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FY3/17 Financial Results Briefing
Summary of Question and Answer Session
Q. What is the basic approach of the new management's plan, and when will it be announced?
A. The priority will be on restoring earnings in the Broadcasting business, along with such measures as strengthening Group content, and improving profitability in core businesses. We will formulate and announce a plan as soon as possible.
Q. What is your policy for future investment in the Urban Development business?
A. We will make investments to expand earnings, but plan to carefully observe the business environment. We expect this segment to provide stable earnings.
Q. What is your thinking regarding Fuji TV's program production costs?
A. We think it's important to manage costs efficiently.
Q. What will be the rolls of the chairman, president, and advisor under the new management system?
A. The new president will take the lead in business execution, with the new chairman providing backup support. The executive managing advisor will serve as the representative for the Fujisankei Communications Group, and support the chairman and president as necessary.
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Fuji Media Holdings Inc. published this content on 25 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 May 2017 07:00:16 UTC.
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Fuji Media Holdings Inc is a Japan-based company engaged in the core broadcasting business, the media and content business, and the urban development and tourism business. The Company operates in two business segments. The Media and Content segment is engaged in the production of broadcast programs, movies, anime, games and events, the sale of video and music software, the publication of music, magazines and newspapers, as well as television broadcasting, radio broadcasting, mail order sales and advertising business. The Urban Development and Tourism segment engages in the rental and sale of residences, offices and logistics facilities, the operation of hotels and marine leisure facilities, as well as events and interior decoration and building management business. The Company also engages in movable property leasing and product sales, software development, and restaurants and shops business.