|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||26.82 - 26.82|
|52 Week Range||16.82 - 35.43|
|Beta (5Y Monthly)||1.25|
|PE Ratio (TTM)||6.99|
|Forward Dividend & Yield||0.86 (3.22%)|
|Ex-Dividend Date||Dec. 30, 2020|
|1y Target Est||N/A|
Dentsu Group Inc <4324.T> and Toyota Motor Corp <7203.T> have agreed to form a business alliance and establish two companies to improve Toyota's communications and digital transformation strategy, Dentsu said in a statement on Wednesday. Both the firms will operate under a holding company, of which Toyota will own 66% and Dentsu 34%. One of the companies will focus on improving Toyota's marketing strategy to create "exceptional customer trust," while the other will work on digital transformation and the use of data to improve customer relationships, Dentsu said.
Three men were arrested in Japan on Wednesday on suspicion of making fraudulent applications for government funds for businesses hit by the coronavirus in a scheme that may have cost taxpayers up to 400 million yen ($3.77 million), NHK reported. The three, who all live in central Japan's Aichi prefecture, were arrested on suspicion of falsifying documents showing that their income had fallen since the beginning of the pandemic to get 1 million yen ($9,418) each in government aid. NHK identified the three and said that two of them denied the charge.
The Japanese government has signed a contract with a Deloitte-linked consulting group to distribute coronavirus relief payouts following public anger over a previous deal involving advertising giant Dentsu <4324.T>. Lawmakers and other critics questioned how taxpayers’ money was spent under the previous subcontracting scheme, and whether a small non-profit organisation was a front that would protect Dentsu from public scrutiny. The contract for the second round of payouts was awarded to Deloitte Tohmatsu Financial Advisory on Friday for about 42.8 billion yen (308 million pounds), according to a Ministry of Economy, Trade and Industry (METI) document seen by Reuters on Thursday.