Dentsu Announces Changes to the Forecast of Financial Results for the Fiscal Year Ending December 31, 2017
2017年8月9日 - 03:30PM
ビジネスワイヤ(英語)
Dentsu Inc. (TOKYO:4324)(ISIN: JP3551520004; President &
CEO: Toshihiro Yamamoto; Head Office: Tokyo; Capital: 74,609.81
million yen) hereby announces changes to the forecast of financial
results for the fiscal year ending December 31, 2017 announced on
February 14, 2017, as follows.
1. Changes to the Forecast of Financial Results for the
Fiscal Year Ending December 31, 2017
(1) Forecast of Consolidated
Financial Results (IFRS)
(Millions of yen)
Revenue
Grossprofit
UnderlyingOperatingProfit
UnderlyingNetProfit
UnderlyingBasic EPS(Yen)
OperatingProfit
Net Profit
BasicEPS(Yen)
Previously announced forecast (A)
978,500 929,500 168,900 111,800 392.09 151,500 86,600 303.71
Amended forecast (B)
933,000 884,000 160,300 105,900 374.60 136,500 86,800 307.04
Variance (B-A)
(45,500)
(45,500) (8,600) (5,900)
-
(15,000) 200
-
Rate of variance (%) (4.6) (4.9) (5.1) (5.3)
-
(9.9)
0.2
-
(Reference)Actual results for prior
year
(Fiscal year ended
December 31, 2016)
838,359 789,043 166,565 112,972
396.20 137,681 83,501 292.85
*Underlying operating profit: KPI to measure recurring business
performance which is calculated as operating profit added with
amortization of M&A related intangible assets, acquisition
costs, share-based compensation expenses related to acquired
companies and one-off items such as impairment loss and gain/loss
on sales of non-current assets
*Underlying net profit (attributable to owners of the parent):
KPI to measure recurring net profit attributable to the owners of
the parent which is calculated as net profit (attributable to
owners of the parent) added with adjustment items related to
operating profit, reevaluation of earn-out liabilities/M&A
related put-option liabilities, tax-related, NCI profit-related and
other one-off items
(2) Forecast of Non-consolidated
Financial Results (Japanese GAAP)
(Millions of yen)
Net sales Gross profit
OperatingProfit
OrdinaryProfit
NetIncome
Net Incomeper Share(Yen)
Previously announced forecast (A) 1,574,800 232,000 59,400 77,200
63,100 221.30 Amended forecast (B) 1,551,800 223,300 50,500 72,100
60,900 215.42 Variance (B-A) (23,000) (8,700) (8,900) (5,100)
(2,200)
-
Rate of variance (%) (1.5) (3.8) (15.0) (6.6) (3.5)
-
(Reference)Actual results for prior
year
(Fiscal year ended December 31, 2016)
1,600,196 234,846 64,736 97,131
91,962 322.52
2. Reason
Beginning this year, the movement by clients in industries such
as consumer packaged goods to review their global marketing budgets
has continued to impact business results. Gross profit, in mainly
overseas business, is therefore expected to fall below the original
forecast. This is a factor that has led to the above changes in the
forecast of financial results.
The currency exchange rate for the revised forecast uses the
average rate for the period between January and June 2017.
Previously announcedforecast
Amended forecast FY 2016 JPY/USD 114.8 yen 112.4 yen
108.9 yen JPY/GBP 141.6 yen 141.4 yen 147.8
yen
Note
The forecasts of consolidated revenue/profit and
non-consolidated net sales/profit provided in this document have
been calculated based on judgments and assumptions made using
currently available information such as industry trends and client
circumstances. Therefore, actual results may differ from the
forecasts due to uncertain elements inherent in the forecasts as
well as other factors including changes in the domestic or overseas
economic conditions of business operations going forward.
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version on businesswire.com: http://www.businesswire.com/news/home/20170808006604/en/
Dentsu Inc.Shusaku Kannan, (813) 6216-8042Managing
DirectorCorporate Communications Divisions.kannan@dentsu.co.jp