|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||25.92 - 25.92|
|52 Week Range||25.92 - 36.45|
|Beta (5Y Monthly)||1.03|
|PE Ratio (TTM)||42.50|
|Forward Dividend & Yield||0.88 (3.41%)|
|Ex-Dividend Date||Dec 28, 2023|
|1y Target Est||N/A|
The bid-rigging trial around the Tokyo Olympics played out Tuesday in a Japanese courtroom — more than two years after the Games closed — with advertising giant Dentsu and five other companies facing criminal charges. Seven individuals are also facing charges from Tokyo district prosecutors in the cases, including Koji Henmi, who oversaw the sports division at Dentsu at the time. Executives or management-level officials at each of the accused companies, and Tokyo Olympic organizing committee official Yasuo Mori, have been charged with violating anti-monopoly laws.
Japan's Nikkei share average rose on Tuesday to track the overnight firm finish of Wall Street as investors scooped up stocks after sharp losses in the previous session, with chip-related shares leading the gains. The Nikkei index rose 0.8% to 32,315.61 by the midday break, regaining some of its 1.27% losses in the previous day. "The market rebounded from sharper-than-expected losses in the previous session, where there was no strong force to buy stocks in dips," said Seiichi Suzuki, chief equity market analyst at Tokai Tokyo Research Institute.
Dentsu Group Inc. [(Tokyo: 4324) (ISIN: JP3551520004); President & CEO: Hiroshi Igarashi; Head Office: Tokyo; Capital: 74,609.81 million yen] today announced that it has entered into a definitive agreement with Advent International under which dentsu will acquire Tag Worldwide Holdings Ltd, the global omnichannel digital marketing production powerhouse. The acquisition will support dentsu's strategy of offering integrated client solutions at the convergence of marketing, technology and consultin