U.S. investment firm Dalton Investments and its affiliate on January 14 demanded Fuji Media Holdings to immediately establish a third-party committee to probe TV star Nakai Masahiro's alleged sexual misconduct.

The company said in a letter to the broadcaster that it was "outraged" by the lack of consistency and transparency in reporting the facts related to the scandal.

The request came following Nakai's written apology on January 9, admitting that he had "troubles" with a woman but had reached an out-of-court settlement as reported in a tabloid in December 2024.

The request letter publicized by Dalton Investments said that the series of events undermined viewer trust and eroded shareholder value.

The letter also condemned that the event exposed serious flaws in Fuji Media's corporate governance.

Dalton Investments and its affiliate hold over 7 percent of Fuji's stock, according to the letter.