Latest news with #DentsuGroup
an hour ago
- Business
300-M.-Yen Fine Upheld for Dentsu Group over Bid-Rigging
News from Japan Jul 31, 2025 14:03 (JST) Tokyo, July 31 (Jiji Press)--Tokyo High Court on Thursday upheld a lower court ruling ordering advertising giant Dentsu Group Inc. to pay 300 million yen in fines over bid-rigging related to the Tokyo Olympics and Paralympics in 2021. The high court also maintained the lower court's ruling that sentenced Koji Henmi, 58, former assistant head of the sports department of Dentsu Inc., the group's core subsidiary, to two years in prison, suspended for four years. According to the Tokyo District Court ruling, Henmi conspired with a 58-year-old former senior official of the Tokyo Games organizing committee and others between February and July 2018 to preselect the winners of contracts for planning Tokyo Games test events and managing venues for actual competitions. In the appeal trial, the defense argued that Dentsu Group and Henmi did not intend to rig bids or seek unfair profits. Public prosecutors demanded the dismissal of the appeal. In connection with the case, prosecutors have indicted six companies including Dentsu Group and six individuals from the companies, as well as the 58-year-old former Tokyo Games organizing committee official, whose guilty verdict has become final. [Copyright The Jiji Press, Ltd.] Jiji Press
Japan Times
23-06-2025
- Business
- Japan Times
FTC fines Dentsu Group and others ¥3.3 billion
The Fair Trade Commission on Monday slapped fines totaling ¥3.3 billion on advertising giant Dentsu Group Inc. and six other ad agencies and event organizers for bid-rigging over the Tokyo Olympics and Paralympics. The six are Dentsu Group's Dentsu unit, Cerespo, Fuji Creative, Hakuhodo, Same Two and Tokyu Agency. The FTC also found an antimonopoly law violation by ADK Marketing Solutions but refrained from imposing a fine on the firm as it declared the violation before the antimonopoly watchdog launched its probe. Of the eight companies, the seven other than Dentsu Group received cease and desist orders. According to the commission, the firms rigged bids in April 2018 and after to select winners of orders for planning test events for the Olympics and Paralympics and had the winners also undertake event venue operations at the Games. Dentsu Group is alleged to have played lead roles in the anticompetitive practices together with the then-deputy chief of the Tokyo Games organizing committee, who has already been convicted. The company said Monday it will file for a lawsuit against the FTC fine and order. Antimonopoly trials against Dentsu Group and five other firms as well as their officials involved are underway.
23-06-2025
- Business
FTC Fines Dentsu Group, Others 3.3 B. Yen
News from Japan Society Jun 23, 2025 19:47 (JST) Tokyo, June 23 (Jiji Press)--Japan's Fair Trade Commission on Monday slapped fines totaling 3.3 billion yen on advertising giant Dentsu Group Inc. and six other ad agencies and event organizers for bid-rigging over the Tokyo Olympics and Paralympics. The six are Dentsu Group's Dentsu Inc. unit, Cerespo Co., Fuji Creative Corp., Hakuhodo Inc., Same Two Inc. and Tokyu Agency Inc. The FTC also found an antimonopoly law violation by ADK Marketing Solutions Inc. but refrained from imposing a fine on the firm as it declared the violation before the antimonopoly watchdog launched its probe. Of the eight companies, the seven other than Dentsu Group received cease and desist orders. According to the commission, the firms rigged bids in April 2018 and after to select winners of orders for planning test events for the Olympics and Paralympics and had the winners also undertake event venue operations at the Games. [Copyright The Jiji Press, Ltd.] Jiji Press
Japan Times
21-03-2025
- Japan Times
Tokyu Agency fined ¥200 million in Tokyo Games bid-rigging case
The Tokyo District Court on Friday ordered major ad firm Tokyu Agency to pay a fine of ¥200 million for bid-rigging over the Tokyo Olympic and Paralympic Games. The sentence was equal to the amount demanded by public prosecutors. In the same case, former Tokyu Agency director Mitsuo Yasuda, 62, was given a prison sentence of one year and six months, suspended for three years. According to the ruling, Yasuda conspired with a senior official of the Tokyo organizing committee and others to decide in advance who would win contracts for planning test events between February and July 2018, and to have only pre-selected companies take part in the bidding. Presiding Judge Kenji Yasunaga pointed out that Tokyu Agency's Yasuda, alongside other firms, worked to arrange the winners of contracts based on the wishes of the former organizing committee official. Six companies and seven individuals — officials of the companies and the former organizing committee official — were indicted in the bid-rigging case. So far, major advertising agencies Dentsu Group and Hakuhodo, event company Cerespo and their officials have also been found guilty. Their lawyers have appealed the rulings. The former organizing committee official's guilty sentence has become final.
Arab News
17-02-2025
- Business
- Arab News
Dentsu CEO vows to help shape Saudi Arabia's Vision 2030 through innovation
DUBAI: Japanese marketing and advertising firm Dentsu Group is expanding into Riyadh as it seeks to support the Kingdom's transformation, according to its CEO. Speaking to Arab News Japan, Hiroshi Igarashi said his firm is in alignment with Saudi Arabia's Vision 2030 diversification initiative. Through Dentsu Sports International in the Middle East, the company aims to reshape the Kingdom's sports and entertainment landscape, delivering fan-centric experiences through sponsorships, digital engagement, and analytics. 'Saudi Arabia is positioning itself as a global hub for media, sports, and technology. Our 'One Dentsu' model aligns with Vision 2030's focus on efficiency, innovation, and collaboration,' Igarashi said. The 'One Dentsu' model, led by Deputy Global Chief Operating Officer Takeshi Sano, integrates media, creative and digital services for tailored business impact. Igarashi told Arab News Japan that the company is a growth partner focused on digital transformation, not just acting as a service provider. He said it was important to leverage global expertise in digital marketing, brand building and data solutions to empower local and international brands. 'Saudi Arabia is setting new standards, and we bring global best practices combined with local insights,' Igarashi said. He highlighted how Dentsu's Japanese roots, built on trust and precision, resonate with Middle Eastern business values: 'We merge Japanese craftsmanship with global agility to drive lasting success.' The CEO added: 'We prioritize measurable results over media scale, offering clients a strategic edge in a fast-evolving market.'
