Dentsu looks to streamline costs after net loss in FY2023

Dentsu has released its full year financial results for 2023, reporting a net loss of A$109.5 million (10.7 billion yen) as the Japanese holding company continues on the restructure path.

This was compared to a net profit of A$612 million (59.8 billion yen) in the previous year, with the group looking to further cost cutting efforts in 2024, bolstering operational efficiency with the continued roll out of the One Dentsu model.