Domestic media assets are increasingly being separated from their core businesses and transferred to buyers in a series of cases. Investors are focusing on the direction of future restructuring.
In autumn 2026, domestic media assets were increasingly separated from their core businesses, with dispersion and restructuring under different ownership structures. MINKABU transferred all shares of livedoor to the SBI Group for ¥7.5 billion and indicated a policy of concentrating management resources on its financial solutions business.
The Japanese business of Nasdaq-listed TNL Media Gene was sold through an MBO to an acquisition company owned by CEO Imada for $5.5 million, while the company will continue to hold its Taiwan business. The developments suggest a move toward pursuing growth independently and operating under appropriate capital structures.