Prosecutors raid Dentsu as part of their investigation into the Tokyo Olympics

On Friday, Japanese authorities searched the offices of big advertising firm Dentsu, as the probe into the Tokyo Olympics scandal intensified.

Tokyo District Prosecutors and Japan Fair Trade Commission officers were seen entering Dentsu headquarters, according to major local TV channels...

JAPAN’S DENTSU GROUP REPORTS NET LOSS OF $1.5 BILLION IN FISCAL 2020

Highlights –

• Japan’s Dentsu Group reports net loss of $1.5 billion in fiscal 2020.
• Due to the coronavirus pandemic, its advertising business slumped.
• In 2020, sales fell 10.4 percent to 939.24 billion yen.
• The company...

CONTRIBUTION FROM DOMESTIC SPONSORS TURNING TO BE NOT ENOUGH FOR TOKYO OLYMPICS

Highlights –

• Contribution from domestic sponsors turning to be not enough for Tokyo Olympics.
• Domestic Sponsors are said to have already contributed around $3.3 billion.
• Dentsu helped line up the sponsors and stands to profit with the...

IOC PRESIDENT THOMAS BACH ARRIVES IN TOKYO TO DISCUSS THE TOKYO OLYMPICS

Highlights –

• IOC President Thomas Bach arrives in Tokyo to discuss the Tokyo Olympics.
• Bach will be traveling on a private charter and will also meet Japan PM Yoshihide Suga.
• Bach is said to have no public-appearances on Tuesday until...

JAPANESE EXPANSION OF SEEDOOH BEGINS WITH LIVE BOARD

HIGHLIGHTS

• Australian IVP Seedooh is integrating with LIVE BOARD.
• LIVE BOARD launched by Dentsu and Docomo.
• LIVE BOARD can deliver advertisements to target audience on the basis of real-time data.

Seedooh, an Australia-bas...

JAPANESE GOVERNMENT TO PROBE MURKY VIRUS RELIEF DEAL INVOLVING DENTSU

HIGHLIGHTS

• Japanese Government is set to investigate the murky deal related to the outsourced work related to coronavirus relief package.
• Ministry gave contract to Service Design Engineering Council who in turn instead of doing the job outsourced the ...

$700 MILLION WINDFALL SME AID TO DENTSU RAISES EYEBROWS

HIGHLIGHTS

• Japanese government has given Dentsu, a contract worth $ 700 million.
• Opposition parties are against the payment of exorbitant amount to an advertising agency.

Japanese advertising giant Dentsu Group Inc. has received the ...

Ctrip Enters Strategic Cooperative Business Agreement with Dentsu

Ctrip, the Chinese internet provider of travel services, and Dentsu, the Japanese international advertising and public relations group, officially established, in Tokyo, a strategic cooperation agreement, as stated by reports put forward by the local media in China.

The two groups inten...