Top brass at Japanese network giant Fuji Television and its parent company have stepped down following allegations involving Masahiro Nakai.

A career-ending sex scandal involving one of Japan’s most bankable stars has snowballed into a corporate governance nightmare and a textbook cautionary tale of how crises should never be managed.

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,