Hakuhodo Dy Holdings (JP:2433) has released an update.
Hakuhodo DY Holdings reported mixed Q1 FY2024 results with the activation businesses outperforming expectations, offsetting a decline in BPO businesses. The US consulting segment continues to struggle amid market uncertainties, while the advertising business, particularly in Internet media and TV, shows stable growth. Financial forecasts anticipate controlled SG&A expenses, with strategic investments in AI and software development expected later in the fiscal year.
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