Nippon BS Broadcasting acquired additional shares in TOKYO FM, raising its voting rights ratio to 10.00% and strengthening collaboration. Going forward, the companies plan to expand joint projects to adapt radio-originated content for video and to organize large-scale events.
Nippon BS Broadcasting announced on the 8th that it would acquire additional shares in TOKYO FM. The 44,500 shares already acquired were purchased in March 2024, while the additional shares in this transaction are dated March 2026. The company currently holds 89,000 shares, giving it a voting rights ratio of 10.00%. The specific details of the additional share acquisition, intended to strengthen collaboration, were disclosed. Going forward, the companies aim to develop their broadcasting businesses and expand related operations.
The companies have pursued joint production and media initiatives, including broadcasting documentary programs produced at program production sites and holding a special concert at Nippon Budokan in May 2026. In addition to their capital relationship, they also have business ties including concurrent service by TOKYO FM's outside directors, advertising placements, joint investments and jointly hosted events. They plan to expand their collaboration through the production of video content, the planning and development of large-scale events, the advancement of collaborative models in the digital field and consideration of joint investments.