Dentsu

Japanese Company

Japan’s Major Companies Are Undergoing a “Quiet Structural Shift”— My Perspective on Dentsu, Hakuhodo, SoftBank, and Shiseido

Major Japanese companies like Dentsu, Hakuhodo, and SoftBank are consolidating subsidiaries, while Shiseido expands early retirement programs. I explore how foreign investors and Tokyo Stock Exchange PBR pressures are driving this “quiet structural shift” in Japan’s corporate landscape.
Japanese Company

Looking Back at Dentsu’s Acquisition of Aegis: Background Edition

On November 14, 2025, Dentsu Group announced its Q3 results. This article revisits the 2013 Aegis acquisition, exploring the challenges of globalization, digital transformation, and post-merger integration.
Japanese Company

Looking Back at Dentsu’s Acquisition of Aegis: The Downfall (Goodwill Impairment Edition)

Explore why Dentsu's 2013 acquisition of Aegis faced challenges. Learn about delayed profit recovery, goodwill impairments, and the key factors behind the failed strategy.
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