Dialogue with shareholders and investors
At Dentsu our investor relations goal is:
“Provide a best in class IR service for Shareholders, Investors, Analysts and Dentsu Management, to enhance the future value of Dentsu Group”
The investor relations team reports into the Group CEO & CFO and has team members across two Group investor relations offices, located in Tokyo and London. The team has well established processes in place for dialogue with shareholders, investors and analysts in Japan and overseas.
The investor relations team has conducted more than 500 investor meetings per year for seven consecutive years. We are also committed to increasing opportunities for direct dialogue with the management team, with management participating in over 20% of investor meetings in recent years.
The investor relations team is seen as a strategic partner for Dentsu Group management & the Board of Directors, responsible for gathering clear, timely feedback from shareholders, potential investors and analysts. These strategic insights are shared with senior executives and the Board to support decision making to improve corporate value.
Examples of topics discussed at board and management meetings based on feedback
• Improving shareholder returns, including capital allocation, share buy-backs and dividends
• KPIs aimed at improving capital efficiency, such as ROE and ROIC
• Enhancement of non-financial information such as materiality
Major Investor Relations activities
| FY2023 | Domestic | Overseas | Remarks |
|---|---|---|---|
| Financial results briefing | Quarterly | Earnings conference call held on the day of results, in English and Japanese, with simultaneous interpretation. | |
| Number of investor meetings*1 | 259 entries | 299 entries | Of these, 154 meetings included senior management*2 (including SR) |
| Small meetings for sell-side | Quarterly | Of these, 3 included senior management speakers | |
| Small meetings for buy-side | 3 times | Of these, 3 included senior management speakers | |
| Conference participation | 4 times | 6 times | Of these, 3 included senior management speakers |
| ESG briefings | Annual | Senior management*2 included | |
*1 Cumulative total of individual interviews and small group meetings
*2 Including outside directors
