|Company / Institution||Analyst|
|Citigroup Global Markets Japan Inc.||Mitsunobu Tsuruo|
|CLSA Securities Japan Co., Ltd.||Hideo Noda|
|Daiwa Securities Co., Ltd.||Taro Ishihara|
|Haitong International Japaninvest KK||Yushi Kawamoto|
|JPMorgan Securities Japan Co., Ltd.||Haruka Mori|
|Merrill Lynch Japan Securities Co., Ltd.||Yoshiyuki Kinoshita|
|Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.||Hirotoshi Murakami|
|Mizuho Securities Co., Ltd.||Akitomo Kishimoto|
|Morgan Stanley MUFG Securities Co., Ltd.||Tetsuro Tsusaka|
|NOMURA SECURITIES CO., LTD.||Yoshitaka Nagao|
|SMBC Nikko Securities Inc.||Eiji Maeda|
|Tokai Tokyo Research Institute Co., Ltd.||Yukari Housui|
Note: Companies and institutions are listed in alphabetical order.
The analysts listed above are equity analysts who follow Dentsu Group Inc. as of April 7, 2020. There may be other analysts currently publishing research on Dentsu Group 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 Group's performance made by these analysts are theirs alone and do not represent the opinions, forecasts or predictions of Dentsu Group or its management.
Dentsu Group 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.