OBS_VALUE: Broadcasting services in Japan are classified into (i) Terrestrial, (ii) Satellite, and (iii) Cable Broadcasting. Terrestrial and Satellite Broadcasting services are further classified into (a) Key Broadcasting, which uses radio waves assigned exclusively or preferentially to broadcasting stations, while all other forms are classified as (b) General Broadcasting. In addition, Key Broadcasting is divided into (1) Hardware providers, who set up and operate broadcasting stations, and licensed under the Radio Act as Key Broadcasting Station Providers (基幹放送局提供事業者), and (2) Software providers, who manage broadcasting content, and certified under the Broadcast Act as Certified Key Broadcasting Service Providers (認定基幹放送事業者). (3) Terrestrial key broadcasters that integrate both roles can be licensed as Specific Terrestrial Key Broadcasting Service Providers (特定地上基幹放送事業者) under the Radio Act.  Nationality of managers is regulated as follows:(i) Terrestrial Key Broadcasting(1) Certified Key Broadcasting Service Providers : Foreign nationals cannot be appointed as specified officers.(2) Key Broadcasting Station Providers : Foreign directors must be less than one-third of the Board of Directors, and foreign nationals cannot be representatives or specified officers.(3) Specific Terrestrial Key Broadcasting Service Providers (soft and hard): Same restrictions as Key Broadcasting Station Providers.(ii) Satellite Key Broadcasting:(1) Certified Key Broadcasting Service Providers : Foreign nationals cannot be appointed as specified officers.(2) Key Broadcasting Station Providers : Foreign directors must be less than one-third of the Board of Directos, and foreign nationals cannot be specified officers.For General Broadcasting (Terrestrial and non-Terrestrial): Foreign ownership must be less than one-third, and foreign nationals cannot be representatives or specified officers.Specified officers means officers of a corporation or organization having considerable influence over the execution of the business of the corporation or organization.