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flag Dalton Investments demands resignation of Fuji Media director over sex misconduct, seeks board overhaul.

flag U.S. investment firm Dalton Investments, a major shareholder of Fuji Media Holdings (FMH), is demanding the resignation of longtime director Hisashi Hieda due to a sex misconduct scandal at Fuji Television Network. flag Dalton claims Hieda's long-term control has led to poor corporate governance. flag They propose replacing the majority of FMH's board with independent directors to improve oversight.

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