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 Headquarters inŌtemachi, Chiyoda, Tokyo | |
Native name | 株式会社日本経済新聞社 |
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Romanized name | Kabushiki gaisha Nihon Keizai Shinbun-sha |
| Company type | Private |
| Industry | Newspapers Finance |
| Founded | 1876; 150 years ago (1876), in Japan |
| Headquarters | Ōtemachi, Chiyoda, Tokyo, Japan |
Key people |
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| Revenue |  ¥366.5 billion (US$2.55 billion) (2023)[1] |
 ¥11.4 billion (US$79.32 million) (2023) | |
| ¥9.7 billion (US$67.56 million) (2023) | |
| Website | www |
Nikkei, Inc. (Japanese:株式会社日本経済新聞社,Hepburn:Kabushiki gaisha Nihon Keizai Shinbun-sha) is a Japanesemedia and publishing company which ownsThe Nikkei and theFinancial Times. Its first publication was in 1876 with the publication ofThe Chugai Bukka Shimpo (Domestic and Foreign Prices News). In 1946, the company name was changed toNihon Keizai Shimbunsha, while the newspaper changed its title to theNihon Keizai Shimbun, both of which were later shortened toNikkei.
Nikkei is anemployee-owned company; Japanese law does not allow newspaper companies to bepublicly traded.[2] In addition to the Japan-basedThe Nikkei newspaper (the world's largest business daily in terms of circulation), Nikkei, Inc. owns and publishes two international publications: theNikkei Asia weekly news magazine and the London headquarteredFinancial Times daily newspaper.[3] Furthermore, it is the owner of theTX Network, of whichTV Tokyo is the flagship station. Nikkei, Inc.'s holdings include companies in books, magazines to digital media, database services, broadcasting, and other activities such as economic/cultural events.[4]
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Nikkei Inc. specializes in publishing financial, business and industry news. Its main news publications include:
Nikkei sells these newspapers around the world, in their original languages and in translation. It also makes many of its Japanese articles available inEnglish through wire services, an English-language website, and a licensing agreement withLexisNexis. In Japan the price of the newspaper morning edition is 160yen. The afternoon edition is 70 yen and subscription is 4,509 yen/month (morning and afternoon edition). Nikkei agreed on 23 July 2015 to buy the UK-based FT Group, which includes business dailyFinancial Times, for the equivalent of $1.32 billion fromPearson PLC.[8][9]
On 30 November 2015,Nikkei completed acquisition ofFinancial Times from Pearson plc.[10] Nikkei also ownsTV Tokyo andNikkei CNBC, which provides coverage of the Japanese market during trading hours and rebroadcastsCNBC during off-hours and weekends.
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Major companies:
Nikkei Inc. through its main publicationThe Nikkei is said to have formed an "institutionalized" relationship with the national government through the "press clubs",[11] where large national newspapers such asThe Nikkei are given "privileged access to officials, whose perspectives they end up sharing." This symbiotic relationship between the government and national newspapers and broadcasters leads publications to "avoiding any actual confrontation with the administration".[11]
According to reporters such as Shusuke Murai and Reiji Yoshida fromThe Japan Times, theNikkei was "depending too much on leaks — apparently provided by corporate insiders" and that the paper was "often seen as reluctant to bluntly criticize Japanese firms."[12]The New York Times reporterHiroko Tabuchi said theNikkei's purchase of the FT was "worrying", further stating that "Nikkei is basically a PR machine for Japanese biz; it initially ignored the2011 Olympus accounting scandal (which FT broke).Nikkei has also hardly covered theTakata airbag defect; almost no investigative work on that issue whatsoever.Nikkei is Japan Inc."[13]
