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How Dentsu’s Leadership Shakeup and ¥310.1b Impairment Will Impact Dentsu Group (TSE:4324) Investors
Dentsu Group recently announced that President and Global CEO Hiroshi Igarashi will step down, alongside several top executives, while also planning to record a very large ¥310.1 billion goodwill impairment in the fourth quarter of FY 2025 and issuing earnings guidance for 2026 that targets revenue of ¥1,491.5 billion and operating profit of ¥152.6 billion.
These leadership changes, combined with the proposed issue of Series 1 Bond-Type Class Shares and an amendment to the Articles of...