Dentsu Group Inc (DNTUF) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Dentsu Q3 FY2024 earnings call. Today's presentation materials are available on the Dentsu Group website. Joining me today are President and Global CEO Dentsu, Hiroshi Igarashi. Igarashi de gozaimasu. Yoroshiku onegai itashimasu. Global CGO and Global CFO Dentsu, Yushin Soga. Soga de gozaimasu. Yoroshiku onegai itashimasu. CEO Dentsu Japan, Takeshi Sano. Sano desu. Yoroshiku onegai shimasu. CEO Dentsu Americas and Global President, Data and Technology Dentsu, Michael Komatsinski. Good day, everyone. Happy to be with you. The agenda for today will start with business update from Hiroshi Igarashi. Yu Shinsoga will then present the financial update, followed by strategic update from Hiroshi Igarashi. We will invite you to ask questions after the presentations. Mr. Igarashi, please go ahead. Good evening and thank you for joining our Q3 FY2024 earnings announcement today. Organic growth was positive 0.3% in the third quarter, continuing the improvement from the fourth quarter last year and maintaining positive growth. Japan recorded the highest nine-month net revenue to date and is expected to continue its solid growth. With the ongoing severe situation in APAC and the delayed recovery of the CXM business in EMEA and the Americas, We have revised our four-year guidance and will focus on achieving it. We would like to release our next mid-term management plan in February next year, which will be carefully reviewed based on the four years' results. Next, these are the highlights of the third quarter. We won global media work for eBay and global creative work for Adobe and regional media work in the EU and China for Pernod Ricard. In Japan, we won Domino's Pizza and AGC account by offering integrated solutions across strategy, creative, and media. In the Unit...