JAPAN’S DENTSU GROUP REPORTS NET LOSS OF $1.5 BILLION IN FISCAL 2020

Highlights –

• Japan’s Dentsu Group reports net loss of $1.5 billion in fiscal 2020.
• Due to the coronavirus pandemic, its advertising business slumped.
• In 2020, sales fell 10.4 percent to 939.24 billion yen.
• The company is planning structural reforms while soliciting early voluntary retirement.

On Monday, Dentsu Group Inc. Japan's advertising gi....