Saudi Arabia's Public Investment Fund (PIF) has increased its stake in Toei Co Ltd to 6%, a filing showed on Friday, reflecting the sovereign wealth fund's growing exposure to the Japanese media industry.
Golf - The inaugural LIV Golf Invitational - Centurion Club, Hemel Hempstead, St Albans, Britain - June 11, 2022 Newcastle United chairman and Saudi Public Investment Fund governor Yasir Al-Rumayyan speaks to spectators after The inaugural LIV Golf Invitational REUTERS/Paul Childsto 6%, a filing showed on Friday, reflecting the sovereign wealth fund's growing exposure to the Japanese media industry.
PIF's stake in the Tokyo-based film and animation firm has risen from 5% to 6.03%, according to the ownership report filed with Japanese regulators. PIF last month revealed raising its stake in the e-sports giant Nintendo to 8.26%. The leading sovereign fund has also invested in Japanese gaming companies Nexon
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