Dentsu Group Inc

4324: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Dentsu Earnings: Leadership Change To Drive Overseas Recovery and Group Synergies

Pujance Chan

Feb 19, 2026

Business Strategy and Outlook

While Dentsu and Hakuhodo have dominated Japan’s ad market as a duopoly for decades, these agencies have faced headwinds such as slowing economic growth and digitalization in the ad industry.

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We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Read our editorial policy to learn more about our process.

United States

Dentsu Group Inc

Dentsu Earnings: Leadership Change To Drive Overseas Recovery and Group Synergies

Business Strategy and Outlook

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