The spiralling controversy involves Masahiro Nakai, the 52-year-old media personality who was the leader of defunct male idol group Smap, and mainstream broadcaster Fuji Television. It also highlights the growing role that foreign activist shareholders are playing in compelling change in stuffy Japanese boardrooms.

Nakai’s decision came following reports that he engaged in non-consensual sexual activity with a woman that led to a settlement with the victim.

Japanese TV network Fuji faces mass advertiser exodus after allegations of covering up sexual assault claims against host Masahiro Nakai of SMAP fame.