FilingReader Intelligence

TV Asahi foreign ownership nears regulatory limit

October 16, 2025 at 12:02 PM UTCBy FilingReader AI

As of September 30, 2025, TV Asahi Holdings Corporation reported that the total number of voting rights held by foreign nationals and related entities reached 19.83%. This percentage is based on 207,506 voting rights held by foreign entities out of a total of 1,046,109 voting rights. The company's total issued shares stand at 108,529,000, with foreign investors holding 20,753,288 shares. This disclosure was made by Hiroshi Hayakawa, chairman, and Tsukasa Ogawa, general manager of administration division, and will be posted on the company's website on October 17, 2025.

Under the Broadcasting Act, TV Asahi Holdings, as a certified broadcasting holding company, faces potential revocation of its certification if the aggregate ratio of voting rights held by foreign nationals and related entities reaches or exceeds 20%. The Act also stipulates that the company may refuse to list or record shares held by foreign nationals in its shareholder register if this threshold is met.

Furthermore, the company is obligated to provide public notice every six months if the ratio of voting rights held by foreign nationals and related entities reaches or exceeds 15% of the total voting rights.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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