At the meeting of its Board of Directors convened today, Dentsu Inc. (TOKYO:4324)(ISIN:JP3551520004; President & CEO: Tadashi Ishii; Head Office: Tokyo; Capital: 74,609.81 million yen) passed resolutions on the payment of the interim dividend, which has September 30, 2014 as its record date, and a change to the year-end dividend forecast.

 

1. Details of Increased Interim Dividend and Year-End Dividend Forecast

(Unit: yen)

    Cash dividend per share

Interim
(End of 2nd quarter)

  Year-end   Total annual

Previously announced dividend forecast
(August 12, 2014)

17.00 17.00 34.00
Amended dividend forecast   20.00 40.00
Actual dividend 20.00    

(Reference)
Actual dividends for prior year
(Fiscal year ended March 31, 2014）

  16.00   17.00   33.00
 

2. Reason

As announced in a separate press release today, Dentsu has decided to adopt the International Financial Reporting Standards (hereinafter “IFRS”) in place of the Japanese GAAP used to date for its Consolidated Financial Report and Consolidated Financial Statements. The transition to IFRS from Japanese GAAP will take effect from the Company’s consolidated financial results for the fiscal year ending March 2015 (fiscal 2014). Although there will be no substantial change in cash flow as a result of the transition to IFRS, taking into account such factors as the IFRS-based dividend payout ratio level, future performance outlook, and its medium-term financial planning including changes in the competitive environment, the Company’s growth strategy and investment plans, Dentsu has decided to increase its interim dividend from 17.00 yen to 20.00 yen per share. The year-end dividend forecast has also increased to 20.00 yen, making a total annual dividend forecast of 40.00 yen.

[About the Dentsu Group]

Dentsu is the world’s largest advertising agency brand. Led by Dentsu Inc. (Tokyo: 4324; ISIN: JP3551520004), a company with a history of 113 years of innovation, the Dentsu Group provides a comprehensive range of client-centric brand, integrated communications, media and digital services through its eight global network brands—Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, Posterscope and Vizeum—as well as through its specialist/multi-market brands including Amnet, Amplifi, Data2Decisions, Mitchell Communications (PR), psLIVE and 360i.

The Dentsu Group has a strong presence in 124 countries across five continents, and employs around 40,000 dedicated professionals. Dentsu Aegis Network Ltd., its global business headquarters in London, oversees Dentsu’s agency operations outside of Japan. The Group is also active in the production and marketing of sports and entertainment content on a global scale.
www.dentsu.com