The Japanese network Fuji Television and its parent company say its president and chairperson are resigning immediately to take responsibility for a widening sex assault scandal linked to one of Japan’s top TV celebrities.

Japan's Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV host. The scandal, which has led to an exodus of advertisers and investor calls for a management shake-up,

The chairman and president of Japan's Fuji Television resigned Monday, weeks after a celebrity presenter and former pop star was accused of sexual assault.

Japan's Fuji Media said on Monday that Chairman Shuji Kanoh and the head of its TV unit Koichi Minato would step down amidst a probe into alleged sexual misconduct at an event organised by one of its executives.

Fuji Television President Koichi Minato, Fuji Media Holding Inc. Chairman and Fuji Television Network Inc. Chairman Shuji Kano, announced on Monday at a press conference attended by more than 400 members of the media that they were stepping down from their positions in the wake of a sexual misconduct allegation against Masahiro Nakai,

The scandal, which included a non-disclosure agreement and allegations of a cover-up, has shaken the Japanese entertainment industry.