Japan mulls requiring broadcasters disclose all foreign shareholders

Politics Economy Society

Japan's communications ministry is considering obliging satellite broadcasters to disclose all their foreign shareholders in response to recent revelations of violations in foreign ownership at two companies, people with knowledge of the matter said Monday. The Ministry of Internal Affairs and Communications is looking to revise the license application process to one similar for terrestrial broadcasters by requiring companies to report all foreign shareholders regardless of their percentage of ownership. Currently, satellite broadcasters are only required to list investors with voting rights o...

Kyodo News

Kyodo News Society