Financial Summary for FY2010
and Outlook for FY2011
- In fiscal 2010, the Dentsu Group pursued aggressive marketing activities while capitalizing on opportunities such as the 2010 FIFA World Cup South Africa™. All these have translated into an increase net sales.
- In summary, the Group posted consolidated net sales (billings) of 1,833.4 billion yen (+9.2% compared to the previous fiscal year), gross profit of 317.6 billion yen (+7.2% compared to the previous fiscal year) and a gross profit margin of 17.3%, down 0.4 percentage point compared to the previous fiscal year.
- The Group posted selling, general and administrative expenses (SG&A) of 266.7 billion yen. The year-on-year rise in SG&A for the current fiscal year at 2.9% was well controlled within the increase in gross profit. As a result, operating income jumped 36.5% to 50.9 billion yen compared to the previous fiscal year.
- The Group posted ordinary income of 54.1 billion yen (+20.9% compared to the previous fiscal year), income before income taxes and minority interests of 35.3 billion yen (-11.7% compared to the previous fiscal year), and net income of 21.6 billion yen (-30.5% compared to the previous fiscal year).
- The main factor for the decline in income before income taxes and minority interests was an extraordinary loss of 21.9 billion yen.
- Net income for the current fiscal year fell short of that for the previous year. The main reason for this is that tax payments for the previous year were extremely low thanks to loss on evaluation of investment securities and other factors; however we did not benefit from this in the current fiscal year.
- From this fiscal year, the Group has begun to disclose its comprehensive income, which was 16.6 billion yen.