December 19, 2014 3:18 PM ET

Media

Company Overview of Asahi Shimbun Co. Ltd.

Company Overview

Asahi Shimbun Co. Ltd. publishes a daily newspaper, magazines, and other publications. It also provides advertising, newspaper advertising insert, printing, and broadcasting services. The company was founded in 1879 and is based in Tokyo, Japan.

5-3-2 Tsukiji

Chuo-ku

Tokyo,  104-8011

Japan

Founded in 1879

Phone:

81 3 3545 0131

Fax:

81 3 3546 1894

Key Executives for Asahi Shimbun Co. Ltd.

Chief Executive Officer
Editor-in-Chief and Senior General Director
Director of Finance
Compensation as of Fiscal Year 2014.

Asahi Shimbun Co. Ltd. Key Developments

Asahi Shimbun Co. Reports Consolidated Earnings Results for the Six Months Ended September 2014

Asahi Shimbun Co. reported consolidated earnings results for the six months ended September 2014. For the period, the company’s operating profit fell 50.5% from a year earlier to JPY 3,099 million, down for the second consecutive interim period. In addition to sluggish newspaper sales, affected partly by false article scandals, the decline reflected falling revenue from advertising in line with the economic slowdown since the consumption tax hike in April. Group net profit shrank 40.5% to JPY 3,999 million on sales of JPY 215,459 million, down 5.1%.

Asahi Shimbun Co. Announces Board Changes

Asahi Shimbun Co. announced that its president, Tadakazu Kimura, will resign on Dec. 5. Kimura will be replaced by Masataka Watanabe, director for administrative and legal compliance affairs. Kimura will also give up his post as board director and become a special adviser. All appointments will take effect after an extraordinary meeting of shareholders on Dec. 5.

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