Dentsu Group Inc. (DNTUF) Q1 2024 Earnings Call Transcript


Dentsu Group Inc. (OTCPK:DNTUF) Q1 2024 Earnings Conference Call May 14, 2024 6:00 AM ET

Company Participants

Hiroshi Igarashi – President & Chief Executive Officer
Yushin Soga – Global Chief Governance Officer & Global Chief Financial Officer
Takeshi Sano – Chief Executive Officer, Japan
Michael Komasinski – Chief Executive Officer, Americas and Global President, Data and Technology

Conference Call Participants

Maeda Tsuyoshi – SMBC Nikko Securities
Yoshitaka Nagao – BofA Securities
Fiona Orford-Williams – Edison Group
Akitomo Kishimoto – Mizuho Securities

Operator

Welcome to the Dentsu Fiscal Year 2024 First Quarter Earnings Call. This is a reminder that today’s call is being recorded. This call will be held in Japanese and English with simultaneous translation for those joining online. Please choose your preferred language from the bottom of the Zoom screen. For those joining on the telephone line, you will only be able to hit the original language spoken.

[Foreign Language]

Today’s presentation materials are available on the Dentsu Group website. Joining me today are President and Global CEO Dentsu, Hiroshi Igarashi.

Hiroshi Igarashi

[Foreign Language]

Operator

Global CGO and Global CFO Dentsu, Yushin Soga.

Yushin Soga

[Foreign Language]

Operator

CEO Dentsu Japan, Takeshi Sano.

Takeshi Sano

[Foreign Language]

Operator

CEO Dentsu Americas and Global President, Data and Technology Dentsu, Michael Komasinski.

Michael Komasinski

Hello, everyone. It’s great to be with you today. Thanks.

Operator

The agenda for today will start with business update from Hiroshi Igarashi. Yushin Soga will then present the financial update, followed by strategic update from Hiroshi Igarashi. We will invite you to ask questions after the presentation.

Mr. Igarashi, please go ahead.

Hiroshi Igarashi

Hello and welcome to our results. This is Igarashi. Good evening. Thank you for joining our Q1 FY 2024 earnings call today. In the first quarter, we reported 6.3% growth in net revenues due to positive impacts



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