Aya Nomura Steps Up Heat on Fuji Media With Bid for 33.3% Stake
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Activist investor Aya Nomura and affiliated entities are preparing to increase their stake in Fuji Media Holdings Inc. to gain as much as one-third of voting rights, ratcheting up pressure on one of Japan’s most influential entertainment conglomerates.The daughter of Japan’s most famous and controversial investor, Yoshiaki Murakami, Nomura and vehicles linked to her now hold more than 42 million shares of Fuji Media and plan to buy as many as 25 million more to gain control, if Fuji Media fails to take steps to spin off or sell its real estate operations, the Japanese broadcaster said Monday. Nomura also demands that Fuji Media set a minimum dividend-on-equity ratio of 4%, it said.