Dentsu Reports Financial Results for Six Months
OREANDA-NEWS. Dentsu Inc. convened a meeting of its Board of Directors at its Head Office in Tokyo at which it finalized its consolidated and non-consolidated financial results for the six months ended September 30, 2013 (April 1-September 30, 2013).
From the 2013 fiscal year onward, gross profit has been specified as one of the Group's business management indicators. Accordingly, gross profit figures will be used in its disclosures of results by business segment and geographic area from the first quarter onward.
Regarding Group companies with a December 31 closing date, including subsidiaries in countries other than Japan, their financial results for the six months from January 1 to June 30, 2013 are, as a general rule, incorporated in the consolidated financial results for the six months ended September 30, 2013.
Dentsu's non-consolidated financial results had a significant impact on the Group's consolidated financial results. For the six months ended September 30, 2013, the Company posted non-consolidated billings (net sales) of 717,583 million yen, an increase of 6.1% compared with the same period of the previous fiscal year; gross profit of 100,653 million yen, an increase of 7.8%; operating income of 18,390 million yen, an increase of 30.6%; ordinary income of 29,727 million yen, an increase of 101.8%; and net income of 23,137 million yen, an increase of 185.3%.