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Investor Relations

  

Analyst Coverage of Dentsu
Company / Institution Analyst
Citigroup Global Markets Japan Inc. Soichiro Fukuda
CLSA Securities Korea Ltd. Oliver Matthew
Cosmo Securities Co., Ltd. Tomoaki Kawasaki
Deutsche Securities Limited, Tokyo Takayoshi Koike
J.P. Morgan Securities Eiji Maeda
Macquarie Capital securities (Japan) Limited George Hogan
Merrill Lynch Japan Securities Co., Ltd. Yoshiyuki Kinoshita
Mizuho Securities Co., Ltd. Takeshi Koyama
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Masato Araki
Morgan Stanley MUFG Securities Co., Ltd. Hironori Tanaka
Morningster Japan KK. Tomoaki Fujii
NOMURA SECURITIES CO., LTD. Yoshitaka Nagao
Okasan Securities Co., Ltd. Masashi Morita
SMBC Friend Research Center Ltd. Naoki Yokota
Toward the Infinite World Inc. Takao Suzuki
UBS Securities Japan Ltd. Shinsuke Iwasa

Note: Companies and institutions are listed in alphabetical order.
The analysts listed above are equity analysts who follow Dentsu Inc. as of August 1, 2010. There may be other analysts currently publishing research on Dentsu of which the Company is not aware who are not included in the list above.

Please note that any opinions, estimates or forecasts regarding Dentsu's performance made by these analysts are theirs alone and do not represent the opinions, forecasts or predictions of Dentsu or its management.

Dentsu does not by the inclusion of these analysts' names herein imply its endorsement of or concurrence with information, conclusions or recommendations published thereby. Your use or reliance on such information, conclusions or recommendation is at your own risk.
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