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4-Traders Homepage  >  Equities  >  Tokyo  >  Toyota Motor Corp    7203   JP3633400001

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Dentsu : admits improper work over online ads worth over 114 mln. yen

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01/21/2017 | 04:55pm CET

Dentsu Inc. said Tuesday it has punished 17 senior officials for improper practices at the Japanese advertising giant, including overcharges, that are related to online ad services worth over 114 million yen (USD 1 million).

Of the 997 cases of online ad services in question, Dentsu padded bills in 40 cases involving 10 clients by 3.38 million yen in total by not running ads as contracted, according to the outcome of a probe conducted after the company's overcharging scandal came to the fore in September.

Other wrongdoings included falsification of daily data of ad publication in reports to clients, Dentsu said. The Tokyo-based company launched the probe after being queried about improper billing by Toyota Motor Corp.

(c) 2017 2016 Philippines News Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( JPY)
Sales 2017 26 777 964 M
EBIT 2017 1 772 000 M
Net income 2017 1 705 628 M
Debt 2017 4 588 148 M
Yield 2017 3,03%
P/E ratio 2017 12,01
P/E ratio 2018 10,49
EV / Sales 2017 1,00x
EV / Sales 2018 0,98x
Capitalization 22 191 646 M
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Mean consensus HOLD
Number of Analysts 24
Average target price 7 217  JPY
Spread / Average Target 6,1%
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Managers
NameTitle
Akio Toyoda President & Representative Director
Takeshi Uchiyamada Chairman
Takahiko Ijichi Chief Financial Officer, Director & Executive VP
Kiyotaka Ise General Manager-Technology & Development
Shigeki Tomoyama General Manager-Information Technology Division
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