Fuji TV anime business profile: Fuji Media Holdings, segments, and strategy
Fuji Media Holdings is repositioning around a content-first model, but broadcast advertising and non-media assets still define its financial shape.
Published: 2026-08-19. Updated: 2026-08-19.
Short answer: Fuji Media Holdings, Inc. is a Tokyo Stock Exchange-listed certified broadcasting holding company that owns Fuji Television Network. For the fiscal year ended March 2026 it reported consolidated revenue of JPY 552 billion and net profit of JPY 7 billion. The group operates two main pillars: Media and Content, which includes broadcasting, film and animation production, music publishing, and video/music content; and Urban Development, Hotels and Resorts. Anime is produced and distributed within the Media and Content segment, but Fuji Media Holdings does not break out anime revenue separately.
What Fuji Media Holdings is and who owns it
Fuji Media Holdings was founded in 1957 and listed on the Tokyo Stock Exchange in 1997. In 2008 it converted to a certified broadcasting holding company, separating the licensed broadcaster from the capital-allocation parent. Its headquarters are in Odaiba, Tokyo.
Major shareholders as of March 2026 included Toho with 12.77%, Bunka Hoso with 5.36%, and Kansai Telecasting with 4.23%. The company employs roughly 9,500 people on a consolidated basis.
How Fuji Media Holdings makes money
The group reports through two main segments. Media and Content covers terrestrial and satellite broadcasting, program production, film and animation production, music publishing, video and music content sales, and advertising. Urban Development, Hotels and Resorts covers real estate, hotels, and resort operations.
Broadcast advertising has historically been the largest revenue source. In recent years the group has pushed to treat content as a stock business that can be reused across streaming, merchandise, live events, and licensing rather than as a daily expiring inventory of airtime.
Where revenue and profit sit by segment
For the fiscal year ended March 2026, consolidated revenue was JPY 552 billion and net profit was JPY 7 billion. Media and Content revenue fell to JPY 349.9 billion from JPY 531.6 billion in fiscal 2018, while Urban Development, Hotels and Resorts rose to JPY 192.9 billion from JPY 108.4 billion over the same span.
The shift in mix reflects a deliberate capital reallocation as broadcasting revenue declined, but it also shows how dependent the group remains on non-content assets for earnings stability.
Fuji Media Holdings segment revenue in billions of yen. Source: company securities reports compiled by the-shashi.com.| Segment | FY2026 revenue | FY2018 revenue | Change |
|---|
| Media and Content | JPY 349.9B | JPY 531.6B | -34.2% |
| Urban Development, Hotels and Resorts | JPY 192.9B | JPY 108.4B | +77.9% |
| Consolidated total | JPY 552.0B | not disclosed | - |
Anime strategy and content-first rebuild
Fuji TV has produced and broadcast many anime series, particularly in late-night and noitaminA slots. Its anime strategy is to develop or acquire titles that can travel beyond broadcast into streaming, merchandise, music, and live events.
In January 2026 the group published Group Vision 2026-2030, a content-first rebuild plan that budgets JPY 150 billion in growth investment through fiscal 2030: JPY 20 billion for IP, JPY 50 billion for production and distribution, and JPY 80 billion for live events, merchandise, and other extensions. The plan targets 6% ROE in fiscal 2030 and 8% in fiscal 2033.
Governance and shareholder pressure
In 2025 Fuji Television faced a misconduct scandal that led to the replacement of nearly the entire board. A third-party committee report in March 2025 identified serious human-rights and compliance failures. The company responded with reform measures targeting the programming and variety divisions.
Activist shareholders have pressed for a separation of the property business, arguing that urban-development assets have grown too large relative to broadcasting. Fuji has responded with share buybacks, cross-shareholding sales, and a study of outside capital for the urban-development segment.
Frequently asked questions
Who owns Fuji TV?
Fuji TV is owned by Fuji Media Holdings, a listed certified broadcasting holding company. Major shareholders include Toho, Bunka Hoso, and Kansai Telecasting.
What are Fuji Media Holdings' main segments?
The two main segments are Media and Content, which includes broadcasting and animation, and Urban Development, Hotels and Resorts.
Does Fuji Media Holdings disclose anime revenue?
No. Anime revenue is included within the Media and Content segment and is not reported as a separate line item.
Sources and methodology
- Fuji Media Holdings company history, Strategic Histories of Japanese Companies. Compiled FY2026 revenue and net profit, segment revenue history, major shareholders, and governance background from securities reports.
- Investor Relations, Fuji Media Holdings. Official IR page with disclosure documents, earnings reports, and integrated reports.
- Company profile, Fuji Media Holdings. Official corporate overview and links to business segment information.