Fujisankei Communications Group

Fujisankei Communications Group
, abbreviated FCG, is Japan’s largest media conglomerate. Its chairman is Hisashi Hieda. In 1991, it was the largest media company in the world and the largest in now days Japan. In the same year, the company's yearly revenue was $5 billion. Many of its affiliates are owned by Fuji Media Holdings, itself a member of the Fujisankei Communications Group.
The Fujisankei Communications Group was created in 1967 as part of an agreement between the radio stations Nippon Broadcasting System and Nippon Cultural Broadcasting, the television broadcaster Fuji Television and the newspaper Sankei Shimbun. This media conglomerate was founded by Nobutaka Shikanai. "Fujisankei" is a portmanteau of Fuji Television and Sankei Shimbun.
In 1985, Haruo Shikanai became executive chairman and CEO of Fuji Television Network, Sankei Shimbun, and Nippon Broadcasting System, as well as executive chairman and CEO of the Fujisankei Communications Group. Haruo dramatically improved Fuji Television's performance and made it the number one entertainment company in Japan.
In 1988, Haruo died of acute liver failure at the age of 42. That same year, Hisashi Hieda, who had led Fuji Television's growth in tandem with Haruo, was appointed President and CEO of Fuji Television Network.
In October 1989, Fujisankei paid former United States president Ronald Reagan $2 million to help the company with public relations. Reagan toured Japan for nine days and made two speeches.
In 1991, Fujisankei spent $50 million to found the Fujisankei California Entertainment, a film company. The film company was headed by Masaru Kakutani, who produced Antarctica and The Adventures of Milo and Otis, which were the two highest-grossing "domestically made" movies in Japan.
In 2005, Hisashi Hieda was appointed chairman of the Fujisankei Communications Group. Hieda, then Chairman and CEO of Fuji Television Network, restructured the group's capital structure, won a hostile takeover bid for Livedoor led by Takafumi Horie, and established Fuji Television Network as an operating holding company.
In 2008, Fuji Media Holdings, a pure holding company overseeing the group, was established, with Hisashi Hieda as the first executive chairman and CEO.
In 2018, Fuji Media Holdings sold Sankei Living Shimbun Inc. to RIZAP Group. Accordingly, the group discontinued the Living Newspaper Group segment.
The Group is known as one of the most conservative media companies.
The group also has close links with the Hankyu Hanshin Toho Group, Chunichi Shimbun (Chunichi), Hokkaido Shimbun Press (Doshin), Nishinippon Shimbun; Toho is the largest shareholder of Fuji Media Holdings and Hankyu Hanshin Holdings is the second-largest shareholder in Kansai Television (KTV), Fuji TV's affiliate station in the Kansai region (where Hankyu Hanshin Toho Group mainly operates). Chunichi owns Tokai Television Broadcasting (THK) and other Fuji Network companies in the Central Japan Region (Chubu), Doshin owns Fuji Network's Hokkaido Cultural Broadcasting (UHB), and the Nishinippon Shimbun owns Fuji Network's Television Nishinippon Corporation (TNC).
Major companies
This is a partial list of the companies that constitute the Fujisankei Communications Group.
Fuji Media Holdings
Although it is the core of the Fujisankei Communications Group, the holding company Fuji Media Holdings is just one of the 94 companies that makes up the keiretsu.
Many companies of the Fujisankei Communications Group, such as Fuji Television, Nippon Broadcasting System and Pony Canyon, are subsidiaries of Fuji Media Holdings. Other companies of the group, such as Sankei Shimbun, are owned in part by Fuji Media Holdings. Another company of the Fujisankei Communications Group, Nippon Cultural Broadcasting, is a shareholder of Fuji Media Holdings. Fuji Media Holdings has other shareholders who are not affiliated with the Fujisankei Communications Group.
Fuji TV Group
Fuji Television Network, Inc. (Broadcasting, Film Production, Events)
BS FUJI, INC./Fuji Satellite Broadcasting Inc. (Broadcasting)
Satellite Service, Inc. (Broadcasting)
FujiLand, Inc. (Real Estate, Restaurant)
Kyodo Television, Ltd. (Producing)
Kyodo Edit, Inc.
VASC Co., Ltd.
Basis, Ltd.
Van Eight Productions, Inc.
Fuji Creative Corporation (Producing)
NEXTEP TV WORKSHOP Co.,Ltd.
Fujiart, Inc. (Producing)
Fuji Media Technology, Inc. (Producing)
DINOS CORPORATION (Life Information)
Quaras Inc. (Advertising Agency)
Fujipacific Music Inc. (Music Publishing)
Fuji Music Group, Inc.
Fusosha Publishing Inc. (Publishing, Information, Other)
Fujimic, Inc. (Publishing, Information, Other)
FCG Research Institute, Inc.
Fuji Career Design Inc.
Fujisankei Communications International, Inc. (Publishing, Information, Other)
Pony Canyon Group
Pony Canyon, Inc. (Film, Music, Events, Community Revitalization)
Ponycanyon Music Publishing Inc. (Music Publishing)
EXIT MUSIC PUBLISHING Inc. (Music Publishing)
PCI Music Inc. (Music Distribution)
STYRISM INC. (Artists Management)
Dream Studio Company, Inc. (Events)
PONYCANYON USA INC.
Memory-Tech Holdings Inc. (Disk Media)
Nippon Broadcasting Group (Nippon Hoso Group)
Nippon Broadcasting System, Inc. (Broadcasting, Information, Events)
Nippon Broadcasting ProjActs, Inc. (Advertising Agency, Leasing, Other)
Fujisankei Agency, Inc. (Insurance Agency, Information, Other)
Grape Co., Ltd. (Digital Media)
Sankei Shimbun Group
The Sankei Shimbun Co., Ltd. - Sankei Shimbun, Sankei Sports, Yukan Fuji and SEIRON
Sankei Shimbun Kaihatsu, Inc. (Tokyo)
Sankei Shimbun Kaihatsu, Inc. (Osaka)
Sankei Advertising, Inc.
Sankei Ads, Inc.
Osaka Broadcasting Corporation
Sankei Building Group
The Sankei Building Co., Ltd. (Urban Development, Hotels & Resorts)
GRANVISTA Hotels & Resorts Co., Ltd. (Hotels & Resorts)
Sankei Building Asset Management Co.,Ltd. (Investment Advisory/J-REIT)
Sankei Kaikan Co., Ltd. (Restaurant)
Sankei Bldg Techno Co., Ltd.
Sankei Bldg Management Co., Ltd.
Sankei Building Maintenance Service Co., Ltd.
BREEZÉ ARTS Co., Ltd.
Sankei Building Well Care Co., Ltd.
VISAHO JOINT STOCK COMPANY Co., Ltd. (Vietnam)
QR Group (Bunka Hoso Group)
Nippon Cultural Broadcasting, Inc.
Japan Central Music Limited
QR Center Inc.
Art / Art Group (Public-interest corporation Group)
The Hakone Open-Air Museum
The Utsukushi-ga-hara Open-air Museum
CHOKOKU-NO-MORI ART FOUNDATION
The Ueno Royal Museum
The Japan Art Association
Sankei Shimbun Public Welfare Organization
References
External links
Japanese companies established in 1967
Mass media companies of Japan
Keiretsu
Multinational companies headquartered in Japan
Fuyo Group
Conglomerate companies of Japan