David Blecken
Aug 9, 2017

Dentsu cuts revenue and profit forecasts for 2017

The company attributes the change to clients reviewing their marketing budgets.

Dentsu's Tokyo headquarters

Dentsu has amended its revenue and profit forecasts for the fiscal year ending 31 December, reducing its revenue forecast by 45.5 billion yen US$414.2 million and its operating profit forecast by 15 billion yen $136.6 million. 

The advertising giant now forecasts revenue of 933 billion yen US$8.4 billion, down from 978.5 billion yen $8.9 billion.

Dentsu expects operating profit of 136.5 billion yen $1.24 billion,...

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