12.11.2014 07:30:00
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Dentsu Announces IFRS-Based Forecast of Consolidated Financial Results for the Fiscal Year Ending March 2015
Dentsu Inc. (TOKYO:4324)(ISIN:JP3551520004; President & CEO: Tadashi Ishii; Head Office: Tokyo; Capital: 74,609.81 million yen) today convened a meeting of its Board of Directors at its Head Office in Tokyo at which it resolved to adopt the International Financial Reporting Standards (hereinafter "IFRS”) in place of the Japanese GAAP used to date for its Consolidated Financial Report and Consolidated Financial Statements. The transition to IFRS from Japanese GAAP will take effect from the Company’s consolidated financial results for the fiscal year ending March 2015 (fiscal 2014). As a result, an IFRS-based forecast of consolidated financial results for the fiscal year ending March 2015 is provided in the chart below.
Millions of yen | ||||||||||
Revenue | Gross profit |
Operating |
Net income |
Net income |
||||||
Current forecast | 702,500 | 655,700 | 104,700 | 60,000 | 208.07 | |||||
(Reference) |
669,300 | 626,600 | 101,700 | 58,700 | 203.56 | |||||
(Reference) |
643,284 | 598,166 | 108,599 | 66,507 | 230.63 | |||||
Note
The forecasts of revenue and income provided in this
document have been calculated based on judgments and assumptions made
using currently available information such as industry trends and client
circumstances. Therefore, actual revenue and income may differ from the
forecasts due to uncertain elements inherent in the forecasts as well as
other factors including changes in the domestic or overseas economic
conditions of business operations going forward.
[About the Dentsu Group]
Dentsu is the world’s largest advertising agency brand. Led by Dentsu Inc. (Tokyo: 4324; ISIN: JP3551520004), a company with a history of 113 years of innovation, the Dentsu Group provides a comprehensive range of client-centric brand, integrated communications, media and digital services through its eight global network brands—Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, Posterscope and Vizeum—as well as through its specialist/multi-market brands including Amnet, Amplifi, Data2Decisions, Mitchell Communications (PR), psLIVE and 360i.
The Dentsu Group has a strong presence in 124 countries across five
continents, and employs around 40,000 dedicated professionals. Dentsu
Aegis Network Ltd., its global business headquarters in London, oversees
Dentsu’s agency operations outside of Japan. The Group is also active in
the production and marketing of sports and entertainment content on a
global scale.
www.dentsu.com
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