Japan's Fuji Media said on Monday that Chairman Shuji Kanoh and the head of its TV unit Koichi Minato would step down amidst a probe into alleged sexual misconduct at an event organised by one of its executives.

The scandal, which has led to an exodus of advertisers and investor calls for a management shakeup, has also raised concerns about the exploitation of women in Japan’s entertainment industry

Fuji Media faces a crisis as its chairman and TV unit head resign amid a probe into sexual misconduct allegations against celebrity TV host Masahiro Nakai. This scandal has prompted advertiser withdrawals and calls for governance reform,